TSPY vs UPAR
TappAlpha S&P 500 Growth & Daily Income ETF vs UPAR Ultra Risk Parity ETF
Which is better, TSPY or UPAR?
TSPY has been ahead.
UPAR has a lower expense ratio. TSPY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TSPY | UPAR |
|---|---|---|
| Expense Ratio | 0.71% | 0.68%Best |
| AUM | $366M | $54M |
| Dividend Yield | 15.20% | 3.47% |
| Holdings | 3 | 141 |
| YTD Return | +10.14%Best | -0.01% |
| 1Y Return | +14.60%Best | +1.17% |
| 3Y Return (annualized) | - | +12.12% |
| Volatility (annualized) | 12.2%Best | 15.2% |
| Max Drawdown | -18.0% | -16.0%Best |
| $10,000 over 2.2 years | $13,991Best | $11,603 |
| Fund Family | TappAlpha | Rpar ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2024 | Jan 3, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 14, 2026 (2.2 years).
TSPY vs UPAR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
TSPY vs UPAR Performance
TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha and UPAR Ultra Risk Parity ETF (UPAR) is an ETF from Rpar ETF. Over the past year TSPY returned +14.60% while UPAR returned +1.17%. Year to date, TSPY is up 10.14% versus a loss of 0.01% for UPAR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPAR has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 12.2% for TSPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.0% for TSPY and -16.0% for UPAR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TSPY charges 0.71% per year while UPAR charges 0.68%. On a $10,000 position that is $71 vs $68 annually, a gap of $3 per year that compounds over a long holding period. On income, TSPY currently yields 15.20% against 3.47% for UPAR.
Holdings Overlap
We hold position weights for 2 holdings in TSPY and 130 in UPAR, totalling 99.8% and 47.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in TSPY and 130 in UPAR, against full books of 3 and 141.
You are not choosing between two funds in isolation.
Whichever of TSPY and UPAR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TSPY or UPAR?
TSPY has an expense ratio of 0.71% while UPAR charges 0.68%. UPAR is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, TSPY or UPAR?
Over the past year TSPY returned +14.60% vs +1.17% for UPAR, so TSPY leads on 1-year performance. Over the longest common window we track (2 years), TSPY annualized +16.49% vs +6.99% for UPAR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSPY or UPAR?
UPAR has been the more volatile fund at 15.2% annualized versus 12.2% for TSPY. Worst drawdown: TSPY -18.0% vs UPAR -16.0%.
Should I hold both TSPY and UPAR?
TSPY and UPAR have a monthly-return correlation of 0.47, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, TSPY or UPAR?
TSPY yields 15.20% while UPAR yields 3.47%, so TSPY currently pays the higher dividend yield.
Is UPAR better than TSPY?
UPAR has a lower expense ratio. TSPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.