Pmv Adaptive Risk Parity ETF (ARP)
ARP is an actively managed ETF by PMV. ARP launched on Dec 21, 2022 and has a 1.42% expense ratio.
ETF Info
| ISIN | US00791R3012 |
|---|---|
| Issuer | PMV |
| Inception Date | Dec 21, 2022 |
| Category | Tactical Allocation |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
ARP has a high expense ratio of 1.42%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Pmv Adaptive Risk Parity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Pmv Adaptive Risk Parity ETF had a return of 12.65% year-to-date (YTD) and 15.97% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.65% | 17.76% |
| 1 month | 2.63% | 2.89% |
| 6 months | 8.35% | 10.80% |
| 1 year | 15.97% | 27.49% |
| 5 years (annualized) | N/A | 14.28% |
| 10 years (annualized) | N/A | 10.89% |
Monthly Returns
The table below presents the monthly returns of ARP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.10% | 3.45% | 2.52% | -1.96% | 2.99% | 1.68% | 1.30% | 12.65% | |||||
| 2023 | 3.03% | -3.86% | 1.24% | 0.56% | -0.50% | 2.05% | 2.47% | -1.66% | -3.34% | 0.44% | 1.87% | 1.58% | 3.66% |
| 2022 | -0.57% | -0.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ARP is 74, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pmv Adaptive Risk Parity ETF (ARP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pmv Adaptive Risk Parity ETF granted a 2.37% dividend yield in the last twelve months. The annual payout for that period amounted to $0.67 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.67 | $0.67 | $0.01 |
Dividend yield | 2.37% | 2.67% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Pmv Adaptive Risk Parity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.67 |
| 2022 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Pmv Adaptive Risk Parity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Pmv Adaptive Risk Parity ETF was 6.74%, occurring on Aug 7, 2024. The portfolio has not yet recovered.
The current Pmv Adaptive Risk Parity ETF drawdown is 1.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.74% | Jul 17, 2024 | 16 | Aug 7, 2024 | — | — | — |
| -5.79% | Jul 19, 2023 | 56 | Oct 5, 2023 | 74 | Jan 23, 2024 | 130 |
| -4.47% | Jan 24, 2023 | 23 | Feb 24, 2023 | 95 | Jul 13, 2023 | 118 |
| -3.41% | Apr 12, 2024 | 14 | May 1, 2024 | 10 | May 15, 2024 | 24 |
| -1.89% | May 22, 2024 | 12 | Jun 7, 2024 | 7 | Jun 18, 2024 | 19 |
Volatility
Volatility Chart
The current Pmv Adaptive Risk Parity ETF volatility is 4.34%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.