UPAR Ultra Risk Parity ETF (UPAR) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UPAR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UPAR
UPAR charges 0.65% annually. There are 29 ETFs in the Diversified Portfolio category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify US Equity PLUS Managed Futures Strategy E... | 0.10% | 177.84M | Dec 2025 | UPAR vs CTAP | |
| iShares ESG Aware Moderate Allocation ETF | 0.18% | 8.63M | Jun 2020 | UPAR vs EAOM | |
| iShares ESG Aware Aggressive Allocation ETF | 0.18% | 37.39M | Jun 2020 | UPAR vs EAOA | |
| iShares ESG Aware Growth Allocation ETF | 0.18% | 32.15M | Jun 2020 | UPAR vs EAOR | |
| iShares ESG Aware Conservative Allocation ETF | 0.18% | 9.22M | Jun 2020 | UPAR vs EAOK |
Best Risk-Adjusted Alternatives to UPAR
UPAR has a PortfoliosLab risk / return rank of 60. There are 39 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 91 | 1.54B | Jun 2023 | UPAR vs INCM | |
| Draco Evolution AI ETF | 89 | 20.72M | Jul 2024 | UPAR vs DRAI | |
| WisdomTree Emerging Markets Efficient Core Fund | 88 | 53.56M | May 2021 | UPAR vs NTSE | |
| VanEck Inflation Allocation ETF | 86 | 969.68M | Apr 2018 | UPAR vs RAAX | |
| Avantis Moderate Allocation ETF | 83 | 66.74M | Jun 2023 | UPAR vs AVMA |
Top Performing UPAR Alternatives (YTD)
UPAR is at 11.14% YTD. There are 16 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 44.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 44.43% | 12.20M | Nov 2021 | UPAR vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 33.59% | 53.56M | May 2021 | UPAR vs NTSE | |
| Myriad Dynamic Asset Allocation ETF | 23.50% | — | Oct 2025 | UPAR vs MDAA | |
| Simplify US Equity PLUS Managed Futures Strategy E... | 22.34% | 177.84M | Dec 2025 | UPAR vs CTAP | |
| STF Tactical Growth ETF | 20.94% | 41.36M | May 2022 | UPAR vs TUG |
Lowest Volatility Alternatives to UPAR
UPAR has 13.56% 1-year volatility. There are 57 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Real Assets Allocation Index Fund | 0.00% | 7.49M | Nov 2015 | UPAR vs ASET | |
| Prospera Income ETF | 2.89% | 2.20M | Sep 2025 | UPAR vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.32% | 95.53M | Aug 2014 | UPAR vs HISF | |
| Mindful Conservative ETF | 3.92% | 26.13M | Nov 2021 | UPAR vs MFUL | |
| Alpha Architect High Inflation And Deflation ETF | 4.43% | 100.05M | Nov 2022 | UPAR vs HIDE |
Lowest Drawdown Alternatives to UPAR
UPAR has a 1-year max drawdown of -11.13%. There are 56 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -2.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Alpha Architect High Inflation And Deflation ETF | -2.31% | 100.05M | Nov 2022 | UPAR vs HIDE | |
| Brookstone Yield ETF | -2.48% | 45.58M | Sep 2023 | UPAR vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 95.53M | Aug 2014 | UPAR vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.54B | Jun 2023 | UPAR vs INCM | |
| Mindful Conservative ETF | -3.36% | 26.13M | Nov 2021 | UPAR vs MFUL |
Often Compared With UPAR
Investors most often compare UPAR with ALLW, RPAR, RSSB. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare UPAR with Any Fund or Stock
Compare UPAR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UPAR with funds that move differently
UPAR Ultra Risk Parity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UPAR.
Explore UPAR Diversifiers