Summary
UPAR
Prices · period metrics · 12M
NAV as of 21/07/2026
02/04/2025 → 02/04/2026
Return 16.97% 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: 21/07/2026

Current price: $15.84

Expense ratio: 0.68%

Assets under management
$59.2M
0.34% 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

-2.92%

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

-3.21%

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

0.64%

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

16.97%

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

21.41%

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

22.39%

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: 21/07/2025 - 21/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.067%

Best day

2.669%

31/03/2026
Worst day

-3.369%

20/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
21/07/2026 $15.79 $15.84 $15.79 $15.84 1,000
20/07/2026 $15.70 $15.70 $15.70 $15.70 200
17/07/2026 $15.82 $15.82 $15.82 $15.82 400
16/07/2026 $15.83 $15.83 $15.75 $15.77 4,100
15/07/2026 $15.91 $15.93 $15.89 $15.93 8,000
14/07/2026 $15.90 $15.90 $15.90 $15.90 100
13/07/2026 $15.86 $15.86 $15.77 $15.77 2,900
10/07/2026 $15.96 $15.99 $15.96 $15.97 1,000
09/07/2026 $15.94 $16.25 $15.94 $15.95 700
08/07/2026 $15.88 $15.88 $15.73 $15.85 2,100