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UPAR Ultra Risk Parity ETF UPAR

Morningstar Medalist Rating
Medalist Rating as of | See Evoke Investment Hub

Morningstar’s Analysis UPAR

Will UPAR outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable UPAR’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the UPAR management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of UPAR’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit UPAR Ultra Risk Parity ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings UPAR

More UPAR Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 105.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future June 24

23.19 20.0 Mil
Government

Ultra US Treasury Bond Future June 24

22.29 19.2 Mil
Government

SPDR® Gold MiniShares

15.39 13.2 Mil
—

Micro E-mini S&P 500 Index Future June 24

13.82 11.9 Mil
—

United States Treasury Bonds 1.38%

5.73 4.9 Mil
Government

MSCI Emerging Market Index Future June14

5.62 4.8 Mil
—

Vanguard FTSE Emerging Markets ETF

5.12 4.4 Mil
—

United States Treasury Bonds 0.63%

4.96 4.3 Mil
Government

United States Treasury Bonds 0.75%

4.82 4.2 Mil
Government

DEPOSITS WITH BROKER FOR SHORT POSITIONS

4.74 4.1 Mil
Cash and Equivalents