UPAR — UPAR Ultra Risk Parity ETF
Data updated: 2026-08-25
UPAR — UPAR Ultra Risk Parity ETF. Leveraged · $59.17M AUM · 0.68% expense ratio · 19.3% 1-yr return. Holdings, fees, performance and SEC filings.
UPAR Fund Overview
UPAR — UPAR Ultra Risk Parity ETF is a US ETF managed by Tidal Trust I, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Tidal Trust I
- Category: Leveraged
- Assets under management: $59.17M
- 1-year return: 19.3%
- Ticker: UPAR
- SEC CIK: 0001742912
- SEC series ID: S000074863
- Share class ID: C000233167
UPAR Holdings
Top 10 holdings of UPAR Ultra Risk Parity ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| SPDR Gold MiniShares Trust | 12.98% |
| United States Treasury Inflation Indexed Bonds | 5.43% |
| Vanguard FTSE Emerging Markets | 5.21% |
| Tsy Infl Ix N/b | 4.62% |
| Tsy Infl Ix N/b | 4.62% |
| United States Treasury Inflation Indexed Bonds | 4.43% |
| Tsy Infl Ix N/b | 4.11% |
| United States Treasury Inflation Indexed Bonds | 3.90% |
| Vanguard Extended Market ETF | 3.82% |
| Tsy Infl Ix N/b | 3.53% |
UPAR Portfolio Allocation
Asset-class allocation of UPAR Ultra Risk Parity ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 51.1% |
| Equity | 45.1% |
| Derivatives | 0.4% |
UPAR Performance
Total returns for UPAR (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.8% |
| 1 year | 19.3% |
| 3 years (annualised) | 9.3% |
UPAR Risk Information
Risk metrics for UPAR, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.3%
UPAR Costs and Fees
UPAR costs about $68 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.68%
- Gross expense ratio: 0.68%
- Portfolio turnover: 24%
- Brokerage commissions: 3.29 bps of average net assets (SEC N-CEN)
UPAR Cashflows
Over the 12 months to 2026-06, UPAR Ultra Risk Parity ETF had net outflows of $7.67M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$5.05M |
| 2026-05 | −$3.32M |
| 2026-04 | $0 |
| 2026-03 | $873.25K |
| 2026-02 | $0 |
| 2026-01 | $0 |
UPAR Debt Constituents
Largest debt holdings of UPAR Ultra Risk Parity ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Inflation Indexed Bonds | 5.43% |
| Tsy Infl Ix N/b | 4.62% |
| Tsy Infl Ix N/b | 4.62% |
| United States Treasury Inflation Indexed Bonds | 4.43% |
| Tsy Infl Ix N/b | 4.11% |
| United States Treasury Inflation Indexed Bonds | 3.90% |
| Tsy Infl Ix N/b | 3.53% |
| Tsy Infl Ix N/b | 3.31% |
| Tsy Infl Ix N/b | 3.15% |
| United States Treasury Inflation Indexed Bonds | 3.12% |
UPAR Prospectus and SEC Filings
Official UPAR Ultra Risk Parity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-21
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other Leveraged funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.