# UPAR Ultra Risk Parity ETF (UPAR) — Overview

UPAR · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/upar

## Price

Last close $15.33 on Oct 15, 2026. 52-week range $14.89 – $17.71.

## Fund profile

UPAR is actively managed to provide leveraged exposure to an index that allocates to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Jan 3, 2022 |
| Assets under management | $54.0M |
| Expense ratio | 0.65% |
| Net asset value | $15.10 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is UPAR Ultra Risk Parity ETF (UPAR)?

UPAR is actively managed to provide leveraged exposure to an index that allocates to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity.

### What is UPAR's expense ratio?

UPAR Ultra Risk Parity ETF charges an annual expense ratio of 0.65%. The fund is issued by Tidal Investments LLC.

### How large is UPAR?

UPAR Ultra Risk Parity ETF manages $54.0M in assets and has traded since Jan 3, 2022.

### How do I buy shares of UPAR Ultra Risk Parity ETF (UPAR)?

UPAR trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).