UPAR Ultra Risk Parity ETF (UPAR)

• Market cap: $60.4M
• 1 day: -0.59%
• 5 days: 1.75%
• 1 month: 7.33%
• 3 months: 8.56%
• 6 months: 8.95%
• Year to date: 16.71%
• 1 year: 2.37%
• 5 years: -24.47%
• 10 years: -24.47%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

2.07% less ownership

Funds ownership: 64.68% [Q1] → 62.61% (-2.07%) [Q2]

13% less capital invested

Capital invested by funds: $41.5M [Q1] → $36.2M (-$5.35M) [Q2]

17% less funds holding

Funds holding: 6 [Q1] → 5 (-1) [Q2]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2