Skip to Content
Morningstar

PMV Adaptive Risk Parity ETF ARP

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

Morningstar’s Analysis ARP

Will ARP 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 ARP’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ARP 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 ARP’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 PMV Adaptive Risk Parity ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ARP

More ARP Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard S&P 500 ETF

35.65 8.1 Mil
—

Sprott Physical Gold Trust

21.65 4.9 Mil
—

Invesco QQQ Trust

19.87 4.5 Mil
—

iShares Gold Strategy ETF

15.25 3.4 Mil
—

Vanguard FTSE Developed Markets ETF

3.89 879,380
—

WisdomTree Bloomberg US Dllr Bullish ETF

3.11 702,138
—

Cash

0.57 128,902
Cash and Equivalents