UPAR
UPAR Ultra Risk Parity ETF
NAV as of
4 Week: 11.91 - 12.98
52 Week: 11.39 - 14.87
Latest Closing Price
12.98
Premium / Discount
-0.21
Expense Ratio
0.65%
Investment Objective
The investment seeks to generate positive returns during periods of economic growth, preserve capital during periods of economic contraction, and preserve real rates of return during periods of heightened inflation. The fund is an actively-managed ETF that seeks to replicate the returns of the Advanced Research Ultra Risk Parity Index (the “UPAR Index”). The UPAR Index is designed to provide leveraged exposure to the RPAR Index by using an implied financing rate to target 1.4 times the asset class exposures of the RPAR Index at each quarterly rebalance. It is non-diversified.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -2.55 | 1.17 | -2.18 |
| 1 Day | 0.85 | 0.00 | 0.00 |
| 1 Week | 1.72 | 3.25 | 0.53 |
| 1 Month | 7.43 | 5.80 | 1.28 |
| 3 Months | 0.23 | 10.99 | 0.02 |
| 6 Months | -6.38 | 13.88 | -0.46 |
| 1 Year | -9.10 | 18.28 | -0.50 |
| 2 Years | 0.00 | 0.00 | 0.00 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| N.A | ||
Portfolio Data
Total Number of Holdings: 113
Number of Bond Holdings: 16
Number of Equity Holdings: 80
Total Market Value: 138,474,234
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | 10 Year Treasury Note Future Mar 24 | 25.3421 | 178 | 178 | 19,686,979 |
| 2 | Ultra US Treasury Bond Future Mar 24 | 24.5022 | 154 | 154 | 19,034,532 |
| 3 | Micro E-mini S&P 500 Index Future Dec 23 | 16.0061 | 538 | 0 | 12,434,332 |
| 4 | SPDR® Gold MiniShares | 15.3067 | 293,751 | 0 | 11,891,040 |
| 5 | MSCI Emerging Markets Index Future Dec 23 | 7.2953 | 113 | 0 | 5,667,369 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 26.23 |
| Large | 20.58 |
| Medium | 9.07 |
| Small | 1.49 |
| Micro | 0.40 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
12.0877
Price/Book*
1.8980
Price/Sales*
1.2232
Price/Cash Flow*
6.5908
Dividend Yield*
3.9249
Growth Measures
Long-Term Earnings
10.9432
Historical Earnings
20.8051
Sales Growth
15.0281
Cash-Flow Growth
20.4742
Book-Value Growth
7.2910
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
16
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 0 |
| Average Weighted Coupon* | 1.00 |
| Average Weighted Price* | 0 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| N.A | |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.00 |
| 3 to 5 Years | 0.00 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 15.46 |
| 20 to 30 Years | 33.18 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 49.84 |
| 183 to 364 Days | 0.00 |
Data Source: Morningstar
© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.
Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.
