Summary
ARP
Prices · period metrics · 12M
NAV as of 16/07/2026
02/04/2025 → 02/04/2026
Return 21.61% Volatility 13.79% Sharpe 1.34
Official loaded data — not a live quote.

PMV ADAPTIVE RISK PARITY ETF

Symbol: ARP

Exchange: NYSE

Sector: Technology

Category: Tactical Allocation

Inception date: 21/12/2022

Latest date: 16/07/2026

Current price: $32.63

Expense ratio: 1.42%

Assets under management
$66.2M
-0.42% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-0.42%

Ann. -48.09% (Sharpe / Sortino numerator)

Volatility

25.53%

Sharpe ratio

-2.026

VaR 95%

-2.86%

CVaR 95%: -3.25%
Max drawdown: -7.76%
Sortino ratio: -2.830
Calmar ratio: -6.20

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.66%

Ann. 20.25% (Sharpe / Sortino numerator)

Volatility

22.02%

Sharpe ratio

0.755

VaR 95%

-2.46%

CVaR 95%: -3.44%
Max drawdown: -10.13%
Sortino ratio: 0.829
Calmar ratio: 2.00

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

4.31%

Ann. 19.50% (Sharpe / Sortino numerator)

Volatility

18.02%

Sharpe ratio

0.881

VaR 95%

-1.81%

CVaR 95%: -2.85%
Max drawdown: -10.13%
Sortino ratio: 0.980
Calmar ratio: 1.93

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

21.61%

Ann. 22.05% (Sharpe / Sortino numerator)

Volatility

13.79%

Sharpe ratio

1.336

VaR 95%

-1.51%

CVaR 95%: -2.32%
Max drawdown: -10.13%
Sortino ratio: 1.431
Calmar ratio: 2.18

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

27.67%

Ann. 14.95% (Sharpe / Sortino numerator)

Volatility

11.74%

Sharpe ratio

0.965

VaR 95%

-1.24%

CVaR 95%: -1.91%
Max drawdown: -10.13%
Sortino ratio: 1.104
Calmar ratio: 1.48

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

44.51%

Ann. 13.57% (Sharpe / Sortino numerator)

Volatility

10.51%

Sharpe ratio

0.946

VaR 95%

-1.03%

CVaR 95%: -1.67%
Max drawdown: -10.13%
Sortino ratio: 1.116
Calmar ratio: 1.34

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 16/07/2025 - 16/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.082%

Best day

3.027%

31/03/2026
Worst day

-4.672%

30/01/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
16/07/2026 $32.77 $32.79 $32.63 $32.63 5,700
15/07/2026 $32.99 $33.02 $32.78 $33.00 4,700
14/07/2026 $32.92 $32.97 $32.89 $32.94 2,000
13/07/2026 $32.60 $32.61 $32.58 $32.58 600
10/07/2026 $32.71 $32.81 $32.71 $32.81 500
09/07/2026 $32.68 $32.82 $32.68 $32.77 5,200
08/07/2026 $32.34 $32.57 $32.34 $32.57 2,000
07/07/2026 $32.37 $32.47 $32.37 $32.41 6,100
06/07/2026 $32.57 $32.74 $32.57 $32.74 11,700
02/07/2026 $32.19 $32.19 $32.09 $32.16 2,300