Summary
UPAR
Prices · period metrics · 12M
NAV as of 02/06/2026
02/04/2025 → 02/04/2026
Return 30.31% Volatility 15.93% Sharpe 1.10
Official loaded data — not a live quote.

UPAR ULTRA RISK PARITY ETF

Symbol: UPAR

Exchange: NYSE

Sector: Technology

Category: Tactical Allocation

Inception date: 03/01/2022

Latest date: 02/06/2026

Current price: $17.15

Expense ratio: 0.68%

Assets under management
$69.3M
0.12% 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

3.66%

Ann. -58.61% (Sharpe / Sortino numerator)

Volatility

23.65%

Sharpe ratio

-2.632

VaR 95%

-3.27%

CVaR 95%: -3.41%
Max drawdown: -8.30%
Sortino ratio: -3.775
Calmar ratio: -7.06

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

-2.98%

Ann. 21.36% (Sharpe / Sortino numerator)

Volatility

18.76%

Sharpe ratio

0.945

VaR 95%

-2.12%

CVaR 95%: -2.97%
Max drawdown: -11.29%
Sortino ratio: 1.153
Calmar ratio: 1.89

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

11.62%

Ann. 17.85% (Sharpe / Sortino numerator)

Volatility

15.08%

Sharpe ratio

0.943

VaR 95%

-1.26%

CVaR 95%: -2.29%
Max drawdown: -11.29%
Sortino ratio: 1.190
Calmar ratio: 1.58

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

30.31%

Ann. 21.15% (Sharpe / Sortino numerator)

Volatility

15.93%

Sharpe ratio

1.100

VaR 95%

-1.44%

CVaR 95%: -2.55%
Max drawdown: -11.29%
Sortino ratio: 1.344
Calmar ratio: 1.87

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

32.90%

Ann. 13.35% (Sharpe / Sortino numerator)

Volatility

15.24%

Sharpe ratio

0.638

VaR 95%

-1.49%

CVaR 95%: -2.31%
Max drawdown: -16.04%
Sortino ratio: 0.841
Calmar ratio: 0.83

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

36.90%

Ann. 8.06% (Sharpe / Sortino numerator)

Volatility

16.04%

Sharpe ratio

0.276

VaR 95%

-1.58%

CVaR 95%: -2.41%
Max drawdown: -20.08%
Sortino ratio: 0.384
Calmar ratio: 0.40

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: 02/06/2025 - 02/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.109%

Best day

2.669%

31/03/2026
Worst day

-3.368%

20/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
02/06/2026 $17.13 $17.15 $17.08 $17.15 18,300
01/06/2026 $16.99 $16.99 $16.97 $16.97 2,000
29/05/2026 $16.95 $16.95 $16.90 $16.90 210,400
28/05/2026 $16.76 $16.91 $16.76 $16.87 71,600
27/05/2026 $16.79 $16.80 $16.74 $16.77 7,600
26/05/2026 $16.85 $16.87 $16.80 $16.80 1,600
22/05/2026 $16.56 $16.59 $16.52 $16.59 209,500
21/05/2026 $16.60 $16.60 $16.55 $16.55 500
20/05/2026 $16.33 $16.53 $16.33 $16.53 700
19/05/2026 $16.30 $16.30 $16.30 $16.30 200