See what your fund actually adds
UPAR Ultra Risk Parity ETF UPAR
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | UPAR | Replication |
|---|---|---|
| Annualized growth | -1.7% | -1.9% |
| Annualized volatility | 16.8% | 11.8% |
| Sharpe ratio | -0.02 | -0.11 |
| Maximum drawdown | 37.5% | 28.2% |
| Replication fit (R²) | 0.82 · Tracking error 7.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model UPAR’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| SPTL | FI · Long Gov | 55.4% |
| XLB | Sector · Materials | 17.6% |
| VSS | Intl · Small Cap | 16.7% |
| VNQ | Sector · Real Estate | 10.4% |