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RPAR Risk Parity ETF (RPAR) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
This data as of Market Close on Fri, Nov 22
Price19.53
Volume35k
Avg Vol73k
RSf26.8
$Vol(21d)2m
52 wk High20.79
52 wk Low17.53
Yield(ttm)2.32%
Inception:Dec 2019
Total Returns:
1 day0.3%
5 day1.6%
1 month-1.9%
3 month-3.2%
6 month2.3%
9 month6.5%
1 year10.6%
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
iShares iBoxx$ Invst Grd Cp BdLQD0.86  
iShares Long-Term Corp Bond ETFIGLB0.85  
iShares Edge Invest Grade Enhcd Bond ETFIGEB0.85  
SPDR Portfolio L.T. Corp BondsSPLB0.85  
SPDR Portfolio Corp Bond ETFSPBO0.85  
iShares Aaa - A Rated Corporate Bond ETFQLTA0.85  
iShares Core Conservative AllocationAOK0.85  
iShares Broad Inv Grd Corp Bond ETFUSIG0.84  
PIMCO Investment Grade Corp Bond Index FundCORP0.84  
iShares ESG USD Corp Bond ETFSUSC0.84  
Least Correlated
ProShares Short Bitcoin StrategyBITI0.00  
VS 2x Bitcoin Strategy ETFBITX0.00  
VanEck Bitcoin TrustHODL0.00  
ARK 21Shares Bitcoin ETFARKB0.00  
ProShares Bitcoin Strategy ETFBITO-0.00  
iShares Bitcoin TrustIBIT-0.00  
Fidelity Wise Origin Bitcoin FundFBTC-0.00  
Bitwise Bitcoin ETFBITB-0.00  
Panagram BBB-B CLO ETFCLOZ-0.00  
Invesco Galaxy Bitcoin ETFBTCO-0.00  
Most Inversely Correlated
ProShares UltraShort MSCI EuropeEPV-0.59  
ProShares Short MSCI EAFEEFZ-0.59  
WisdomTree Bloomberg US Dllr Bullish ETFUSDU-0.65  
Invesco DB US Dollar Index Bullish FundUUP-0.65  
ProShares UltraShort GoldGLL-0.66  
Simplify Interest Rate Hedge ETFPFIX-0.71  
ProShares UltraPro Short 20+ Year Treasury ETFTTT-0.75  
ProShares Short 20+ Year TreasuryTBF-0.75  
ProShares UltraShort Lehman 20+ TrsyTBT-0.76  
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV-0.76  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-11-22.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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