NYSE ARCA | ETF
The fund is an actively-managed ETF that seeks to replicate the returns of the Advanced Research Ultra Risk Parity Index (the "UPAR Index").
The UPAR Index is designed to provide leveraged exposure to the RPAR Index by using an implied financing rate to target 1.4 times the asset class exposures of the RPAR Index at each quarterly rebalance.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| GLDM | SPDR Gold MiniShares | 13.39% | ||
| VWO | Vanguard International Equity Index Funds - Vanguard FTSE Emerging Markets ETF | 4.74% | ||
| VXF | Vanguard Extended Market Index Fund ETF Shares | 3.61% | ||
| VEA | Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF | 2.47% | ||
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 1.62% |
| BHP | BHP Group Limited | Basic Materials | Other Industrial Metals & Mining | 1.48% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.29% |
| RIO | Rio Tinto ADR | Basic Materials | Other Industrial Metals & Mining | 1.09% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.90% |
| SHEL | Shell PLC ADR | Energy | Oil & Gas Integrated | 0.70% |
| GLEN | Glencore PLC | Basic Materials | Other Industrial Metals & Mining | 0.68% |
| L3H | SHELL PLC WI ADR/2 | Energy | Oil & Gas Integrated | 0.66% |
| VALE | Vale SA ADR | Basic Materials | Other Industrial Metals & Mining | 0.63% |
| SCCO | Southern Copper Corporation | Basic Materials | Copper | 0.61% |
| FCX | Freeport-McMoran Copper & Gold Inc | Basic Materials | Copper | 0.53% |
| TTE | TotalEnergies SE ADR | Energy | Oil & Gas Integrated | 0.53% |
| FMG | Fortescue Ltd | Basic Materials | Other Industrial Metals & Mining | 0.52% |
| CTVA | Corteva Inc | Basic Materials | Agricultural Inputs | 0.46% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 0.45% |
| VWS | Vestas Wind Systems A/S | Industrials | Specialty Industrial Machinery | 0.38% |