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% | 167.39M | Dec 2025 | UPAR vs CTAP | |
| iShares Core 30/70 Conservative Allocation ETF | 0.15% | 809.63M | Nov 2008 | UPAR vs AOK | |
| iShares Core 80/20 Aggressive Allocation ETF | 0.15% | 3.21B | Nov 2008 | UPAR vs AOA | |
| iShares Core 60/40 Balanced Allocation ETF | 0.15% | 3.67B | Nov 2008 | UPAR vs AOR | |
| iShares ESG Aware Moderate Allocation ETF | 0.18% | 8.57M | Jun 2020 | UPAR vs EAOM |
Best Risk-Adjusted Alternatives to UPAR
UPAR has a PortfoliosLab risk / return rank of 39. There are 53 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 87 | 1.65B | Jun 2023 | UPAR vs INCM | |
| Avantis Moderate Allocation ETF | 81 | 76.06M | Jun 2023 | UPAR vs AVMA | |
| iShares Morningstar Multi-Asset Income ETF | 79 | 124.92M | Apr 2012 | UPAR vs IYLD | |
| Brookstone Yield ETF | 79 | 44.82M | Sep 2023 | UPAR vs BAMY | |
| Alpha Architect High Inflation And Deflation ETF | 78 | 100.05M | Nov 2022 | UPAR vs HIDE |
Top Performing UPAR Alternatives (YTD)
UPAR is at 4.28% YTD. There are 53 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 35.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 35.57% | 16.56M | Nov 2021 | UPAR vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 20.64% | 55.78M | May 2021 | UPAR vs NTSE | |
| STF Tactical Growth ETF | 16.19% | 41.36M | May 2022 | UPAR vs TUG | |
| STF Tactical Growth & Income ETF | 15.99% | 76.94M | May 2022 | UPAR vs TUGN | |
| Cabana Target Leading Sector Moderate ETF | 15.94% | 114.31M | Jul 2021 | UPAR vs CLSM |
Lowest Volatility Alternatives to UPAR
UPAR has 14.36% 1-year volatility. There are 58 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 | 2.88% | 2.20M | Sep 2025 | UPAR vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.32% | 99.40M | Aug 2014 | UPAR vs HISF | |
| Mindful Conservative ETF | 4.26% | 26.13M | Nov 2021 | UPAR vs MFUL | |
| Brookstone Yield ETF | 4.51% | 44.82M | Sep 2023 | UPAR vs BAMY |
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 -2.48%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Brookstone Yield ETF | -2.48% | 44.82M | Sep 2023 | UPAR vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 99.40M | Aug 2014 | UPAR vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.65B | Jun 2023 | UPAR vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | -3.31% | 100.05M | Nov 2022 | UPAR vs HIDE | |
| 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