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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:
Price18.93
Volume79k
Avg Vol57k
RSf24.4
$Vol(21d)1m
52 wk High19.38
52 wk Low16.50
Yield(ttm)2.07%
Inception:Dec 2019
Total Returns:
1 day1.1%
5 day1.2%
1 month-1.1%
3 month1.2%
6 month11.9%
9 month3.3%
1 year-1.0%
Price Data: Closing Price
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
Invesco Total Return Bond ETFGTO0.90  
Fidelity Total Bond ETFFBND0.90  
Columbia Diversified Fixed Inc Allc ETFDIAL0.90  
iShares Core Long Trm US Bond ETFILTB0.90  
iShares iBoxx$ Invst Grd Cp BdLQD0.90  
Vanguard Long-Term Bond ETFBLV0.90  
iShares Aaa - A Rated Corporate Bond ETFQLTA0.90  
iShares Core Conservative AllocationAOK0.89  
DoubleLine Opportunistic Bond ETFDBND0.89  
iShares Barclays Government/Credit Bond FundGBF0.89  
Least Correlated
KFA Global Carbon ETFKRBN0.01  
Credit Suisse X-Lnks Crude Oil Covd Call ETNUSOI0.01  
United States Natural Gas FundUNG0.01  
ProShares K-1 Free Crude Oil Strategy ETFOILK0.01  
Janus Henderson AAA CLO ETFJAAA0.00  
Invesco Short Term TreasuryTBLL0.00  
AXS 1.25X NVDA Bear Daily ETFNVDS-0.00  
United States GasolineUGA-0.00  
GraniteShares 1.5x Long Meta Daily ETFFBL-0.00  
US Oil Fund ETFUSO-0.00  
Most Inversely Correlated
WisdomTree Bloomberg US Dllr Bullish ETFUSDU-0.70  
Proshares UltraShort Real EstateSRS-0.74  
Direxion Daily Real Estate Bear 3X ShrsDRV-0.74  
Simplify Interest Rate Hedge ETFPFIX-0.79  
ProShares Short High Yield SJB-0.82  
ProShares UltraPro Short 20+ Year Treasury ETFTTT-0.86  
ProShares UltraShort Lehman 7-10 Yr TrsyPST-0.86  
ProShares UltraShort Lehman 20+ TrsyTBT-0.87  
ProShares Short 20+ Year TreasuryTBF-0.87  
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV-0.88  
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: 2024-05-03.


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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