Advertisement
Skip to Content
Morningstar

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-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings UPAR

More UPAR Holdings
  • Current Portfolio Date
  • Equity Holdings 80
  • Bond Holdings 16
  • Other Holdings 19
  • % Assets in Top 10 Holdings 110.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ultra U.S. Treasury Bond Sept13

24.57
16,342,424
Government

US 10 Year Note (CBT) Sept13

24.25
16,126,335
Government

Micro E-mini S&P 500 Index Future June 23

15.39
10,233,268
—

SPDR® Gold MiniShares

13.84
9,205,600
—

MSCI Emerging Markets Index Future June 23

5.82
3,870,877
—

United States Treasury Bonds 1.38%

5.72
3,801,006
Government

United States Treasury Bonds 0.75%

5.25
3,493,867
Government

United States Treasury Bonds 0.63%

5.25
3,492,934
Government

Vanguard FTSE Emerging Markets ETF

5.12
3,404,704
—

United States Treasury Bonds 2.13%

5.01
3,329,777
Government