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 30 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% | 138.08M | Dec 2025 | UPAR vs CTAP | |
| iShares Core 30/70 Conservative Allocation ETF | 0.15% | 781.58M | Nov 2008 | UPAR vs AOK | |
| iShares Core 80/20 Aggressive Allocation ETF | 0.15% | 3.19B | Nov 2008 | UPAR vs AOA | |
| iShares Core 60/40 Balanced Allocation ETF | 0.15% | 3.64B | Nov 2008 | UPAR vs AOR | |
| iShares ESG Aware Aggressive Allocation ETF | 0.18% | 36.94M | Jun 2020 | UPAR vs EAOA |
Best Risk-Adjusted Alternatives to UPAR
UPAR has a PortfoliosLab risk / return rank of 42. There are 50 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 92 | 1.72B | Jun 2023 | UPAR vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | 88 | 145.17M | Nov 2022 | UPAR vs HIDE | |
| iShares Morningstar Multi-Asset Income ETF | 87 | 125.24M | Apr 2012 | UPAR vs IYLD | |
| Avantis Moderate Allocation ETF | 87 | 82.33M | Jun 2023 | UPAR vs AVMA | |
| First Trust Multi-Asset Diversified Income Index F... | 86 | 429.28M | Aug 2012 | UPAR vs MDIV |
Top Performing UPAR Alternatives (YTD)
UPAR is at 3.37% YTD. There are 55 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 28.07%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 28.07% | 16.56M | Nov 2021 | UPAR vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 18.97% | 53.61M | May 2021 | UPAR vs NTSE | |
| Pacer Trendpilot International ETF | 16.34% | 181.50M | May 2019 | UPAR vs PTIN | |
| Invesco Zacks Multi-Asset Income ETF | 15.51% | 124.41M | Sep 2006 | UPAR vs CVY | |
| Myriad Dynamic Asset Allocation ETF | 14.47% | 444.94M | Oct 2025 | UPAR vs MDAA |
Lowest Volatility Alternatives to UPAR
UPAR has 14.31% 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 | 3.33% | 98.51M | Aug 2014 | UPAR vs HISF | |
| Mindful Conservative ETF | 4.31% | 26.13M | Nov 2021 | UPAR vs MFUL | |
| Brookstone Yield ETF | 4.53% | 43.48M | Sep 2023 | UPAR vs BAMY |
Lowest Drawdown Alternatives to UPAR
UPAR has a 1-year max drawdown of -11.13%. There are 57 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% | 43.48M | Sep 2023 | UPAR vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 98.51M | Aug 2014 | UPAR vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.72B | Jun 2023 | UPAR vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | -3.31% | 145.17M | Nov 2022 | UPAR vs HIDE | |
| Mindful Conservative ETF | -3.36% | 26.13M | Nov 2021 | UPAR vs MFUL |
Other ETFs from Tidal
The 10 most viewed Tidal ETFs shown here include GRNY, NANC, BOAT and span 8 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fundstrat Granny Shots U.S. Large Cap ETF | Large Cap Blend Equities | 35 | 9.17% | 3.61B | Nov 2024 | UPAR vs GRNY | |
| Unusual Whales Subversive Democratic Trading ETF | Large Cap Blend Equities | 47 | 9.12% | 265.74M | Feb 2023 | UPAR vs NANC | |
| SonicShares Global Shipping ETF | Industrials Equities, Global Equities | 93 | 44.78% | 82.19M | Aug 2021 | UPAR vs BOAT | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | Multistrategy | 65 | 7.36% | 33.60M | Oct 2022 | UPAR vs HFND | |
| God Bless America ETF | Large Cap Blend Equities | 10 | -3.72% | 101.04M | Oct 2022 | UPAR vs YALL | |
| Fundstrat Granny Shots US Large Cap & Income ETF | Derivative Income | — | 7.63% | 51.03M | Nov 2025 | UPAR vs GRNI | |
| Blueprint Chesapeake Multi-Asset Trend ETF | Global Allocation | 75 | 16.44% | 163.81M | Jul 2023 | UPAR vs TFPN | |
| Peerless Option Income Wheel ETF | Derivative Income | 84 | 6.19% | 21.33M | May 2024 | UPAR vs WEEL | |
| Even Herd Long Short ETF | Long-Short | 37 | 10.15% | 59.50M | Apr 2024 | UPAR vs EHLS | |
| YieldMax JPM Option Income Strategy ETF | Options Trading | 34 | 8.98% | 51.23M | Sep 2023 | UPAR vs JPO |
Often Compared With UPAR
Investors most often compare UPAR with ALLW, RPAR, RSSB. These 20 comparison targets span 13 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