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 | 14.05% | ||
| VWO | Vanguard International Equity Index Funds - Vanguard FTSE Emerging Markets ETF | 4.88% | ||
| VXF | Vanguard Extended Market Index Fund ETF Shares | 3.23% | ||
| VEA | Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF | 2.42% | ||
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.66% |
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 1.63% |
| BHP | BHP Group Limited | Basic Materials | Other Industrial Metals & Mining | 1.29% |
| RIO | Rio Tinto ADR | Basic Materials | Other Industrial Metals & Mining | 1.01% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.90% |
| L3H | SHELL PLC WI ADR/2 | Energy | Oil & Gas Integrated | 0.74% |
| SCCO | Southern Copper Corporation | Basic Materials | Copper | 0.74% |
| GLEN | Glencore PLC | Basic Materials | Other Industrial Metals & Mining | 0.60% |
| FCX | Freeport-McMoran Copper & Gold Inc | Basic Materials | Copper | 0.59% |
| CTVA | Corteva Inc | Basic Materials | Agricultural Inputs | 0.56% |
| TTE | TotalEnergies SE ADR | Energy | Oil & Gas Integrated | 0.56% |
| VALE | Vale SA ADR | Basic Materials | Other Industrial Metals & Mining | 0.46% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 0.42% |
| VWS | Vestas Wind Systems A/S | Industrials | Specialty Industrial Machinery | 0.38% |
| ECL | Ecolab Inc | Basic Materials | Specialty Chemicals | 0.37% |
| FSLR | First Solar Inc | Technology | Solar | 0.36% |