RPAR Risk Parity ETF (RPAR) Performance
RPAR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.5% since Dec 31, 2025
- 1 year
- +1.7% total return
- 5 years
- +0.1% a year
- Since first price
- +3.6% a year since 2019
RPAR trailing returns vs SPY, QQQ, AGG
| Period | RPAR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.5% | −1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.3% | −0.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.9% | −5.6% | +7.8% | +8.4% | −1.5% |
| YTD | +2.5% | +0.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.7% | −0.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +38.3%+11.4%/yr | +27.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +0.7%+0.1%/yr | −13.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 13, 2019 | +27.3%+3.6%/yr | +7.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: RPAR vs SPY
From Dec 13, 2019: RPAR grew to $12,727, SPY to $26,469.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RPAR returns by calendar year
5 of 6 full years positive. Best 2020 (+19.4%), worst 2022 (−22.8%). 2026 is year to date.
RPAR annual returns table
| Year | RPAR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.5% | −9.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.9% | −7.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +0.1% | −9.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +6.0% | −14.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −22.8% | −28.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +7.6% | −6.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +19.4% | −19.8% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
RPAR largest drawdowns
Now 7.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −30.2% | Oct 20, 2022 | Jan 26, 2026 | 11 months | 4.2 years |
| Mar 6, 2020 | −19.8% | Mar 19, 2020 | Jun 10, 2020 | 13 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
RPAR risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +9.3% | +0.4% | +3.3% |
| Volatility (annualized) | 11.8% | 14.3% | 13.5% |
| Sharpe ratio | 0.45 | -0.16 | 0.11 |
| Sortino ratio | 0.68 | -0.21 | 0.15 |
| Best month | +7.6% | +8.8% | +8.8% |
| Worst month | −6.0% | −11.0% | −11.0% |
| Best 12 months | +23.4% | +23.4% | +23.4% |
| Worst 12 months | +0.1% | −26.3% | −26.3% |
| Positive months | 64% | 57% | 58% |
| Beta vs S&P 500 | 0.55 | 0.70 | — |
| Correlation with S&P 500 | 0.58 | 0.77 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
RPAR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 71 | −26.3% | +4.9% | +23.4% | 72% |
| 3-year (a year) | 47 | −6.4% | −0.5% | +11.5% | 45% |
| 5-year (a year) | 23 | +0.1% | +1.5% | +3.4% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
RPAR performance overview
RPAR Risk Parity ETF (RPAR) returned +1.7% over the past year and +0.1% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +3.6% a year, turning $10,000 into about $12,727. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.2%, from Nov 9, 2021 to Oct 20, 2022, and it took 3.3 years to get back to the old high. RPAR finished 5 of its 6 full calendar years with a gain; the best year was 2020 (+19.4%) and the worst 2022 (−22.8%). Volatility has been 13.5% a year.
Related: RPAR chart, RPAR dividends. See the RPAR overview for the latest quote and fund facts.
RPAR performance FAQ
What is the RPAR return over the past year?
RPAR returned +1.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.6%.
What is the average annual return of RPAR?
RPAR has returned +0.1% a year over 5 years, +3.6% a year since December 13, 2019 (total return, distributions reinvested).
How much would $10,000 invested in RPAR be worth?
$10,000 invested in RPAR at its first recorded close on December 13, 2019 would be worth about $12,727 on October 23, 2026 with distributions reinvested.
What was the worst year for RPAR?
The worst calendar year was 2022, with a total return of −22.8%. The best was 2020 at +19.4%.
What is the biggest drawdown of RPAR?
The largest peak-to-trough decline was −30.2% between November 9, 2021 and October 20, 2022. It recovered to the old high on January 26, 2026, 3.3 years after the bottom.
How volatile is RPAR?
Over the past 3 years RPAR had an annualized volatility of 11.8% and a Sharpe ratio of 0.45 (excess return over 1–3 month T-bills per unit of risk).