RPAR Risk Parity ETF (RPAR) belongs to the Hedge Fund category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RPAR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RPAR
RPAR charges 0.51% annually. There are 2 ETFs in the Hedge Fund category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Interest Rate Hedge ETF | 0.50% | 167.19M | May 2021 | RPAR vs PFIX | |
| State Street Multi-Asset Real Return ETF | 0.50% | 1.18B | Apr 2012 | RPAR vs RLY | |
| Global X NASDAQ 100 Collar 95-110 ETF | 0.60% | 3.42M | Aug 2021 | RPAR vs QCLR | |
| Global X NASDAQ 100 Tail Risk ETF | 0.60% | 7.64M | Aug 2021 | RPAR vs QTR | |
| WisdomTree Managed Futures Strategy Fund | 0.65% | 237.72M | Jan 2011 | RPAR vs WTMF |
Best Risk-Adjusted Alternatives to RPAR
RPAR has a PortfoliosLab risk / return rank of 40. There are 12 ETFs in the Hedge Fund category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Merger ETF | 95 | 15.94M | Dec 2012 | RPAR vs MRGR | |
| WisdomTree Managed Futures Strategy Fund | 83 | 237.72M | Jan 2011 | RPAR vs WTMF | |
| State Street Multi-Asset Real Return ETF | 81 | 1.18B | Apr 2012 | RPAR vs RLY | |
| First Trust Managed Futures Strategy Fund | 66 | 247.50M | Aug 2013 | RPAR vs FMF | |
| AltShares Merger Arbitrage ETF | 62 | 90.93M | May 2020 | RPAR vs ARB |
Top Performing RPAR Alternatives (YTD)
RPAR is at 3.22% YTD. There are 12 ETFs in the Hedge Fund category with higher YTD returns, going as high as 13.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Dorsey Wright Dynamic Focus 5 ETF | 13.25% | 109.45M | Mar 2016 | RPAR vs FVC | |
| State Street Multi-Asset Real Return ETF | 13.24% | 1.18B | Apr 2012 | RPAR vs RLY | |
| Global X NASDAQ 100 Tail Risk ETF | 12.74% | 7.64M | Aug 2021 | RPAR vs QTR | |
| Syntax Stratified U.S. Total Market Hedged ETF | 10.89% | 23.16M | Jun 2021 | RPAR vs SHUS | |
| Aptus Drawdown Managed Equity ETF | 8.67% | 243.07M | Jun 2016 | RPAR vs ADME |
Lowest Volatility Alternatives to RPAR
RPAR has 10.60% 1-year volatility. There are 8 ETFs in the Hedge Fund category with lower 1-year volatility, going as low as 3.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | 3.40% | 90.93M | May 2020 | RPAR vs ARB | |
| Proshares Merger ETF | 4.24% | 15.94M | Dec 2012 | RPAR vs MRGR | |
| IQ Merger Arbitrage ETF | 4.81% | 253.18M | Nov 2009 | RPAR vs MNA | |
| WisdomTree Managed Futures Strategy Fund | 9.10% | 237.72M | Jan 2011 | RPAR vs WTMF | |
| First Trust Managed Futures Strategy Fund | 9.83% | 247.50M | Aug 2013 | RPAR vs FMF |
Lowest Drawdown Alternatives to RPAR
RPAR has a 1-year max drawdown of -8.10%. There are 11 ETFs in the Hedge Fund category with shallower 1-year drawdowns, going as shallow as -1.29%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Merger ETF | -1.29% | 15.94M | Dec 2012 | RPAR vs MRGR | |
| IQ Merger Arbitrage ETF | -1.40% | 253.18M | Nov 2009 | RPAR vs MNA | |
| AltShares Merger Arbitrage ETF | -1.54% | 90.93M | May 2020 | RPAR vs ARB | |
| WisdomTree Managed Futures Strategy Fund | -4.04% | 237.72M | Jan 2011 | RPAR vs WTMF | |
| First Trust Managed Futures Strategy Fund | -4.51% | 247.50M | Aug 2013 | RPAR vs FMF |
Other ETFs from Toroso Investments
The 5 most viewed Toroso Investments ETFs shown here include SPAX, SFYF, SFYX and span 6 categories. AUM among these funds goes as high as $270M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Robinson Alternative Yield Pre-merger SPAC ETF | Event Driven | — | — | 35.42M | Jun 2021 | RPAR vs SPAX | |
| SoFi Social 50 ETF | Large Cap Growth Equities | 52 | 10.07% | 40.01M | May 2019 | RPAR vs SFYF | |
| SoFi Next 500 ETF | Mid Cap Growth Equities | — | — | 25.80M | Apr 2019 | RPAR vs SFYX | |
| Leatherback Long/Short Alternative Yield ETF | Long-Short | 17 | 7.27% | 20.35M | Nov 2020 | RPAR vs LBAY | |
| Adasina Social Justice All Cap Global ETF | Global Equities, ESG | 40 | 11.29% | 270.00M | Dec 2020 | RPAR vs JSTC |
Often Compared With RPAR
Investors most often compare RPAR with UPAR, SPY, ALLW. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare RPAR with Any Fund or Stock
Compare RPAR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RPAR with funds that move differently
RPAR Risk Parity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RPAR.
Explore RPAR Diversifiers