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- Fund Details
Advisors Inner Circle Fund II - Pmv Adaptive Risk Parity Etf(ARP)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ARP
09/14/2026: ARP (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Advisors Inner Circle Fund II - Pmv Adaptive Risk Parity Etf (ARP) provides a diversified, quantitative strategy that dynamically allocates across asset classes to manage portfolio volatility. Its main strength lies in its systematic approach to risk-parity, which aims to reduce drawdowns by not relying on any single asset class. The fund is best used as a stabilizing component of a broader portfolio, suited for investors who want to mitigate market swings rather than maximize short-term gains. Key risks include the potential for high correlations between assets during market stress and the relatively higher expense ratio associated with active management. Investors should monitor market correlation trends and interest rate changes as key factors influencing the fund's effectiveness.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund prioritizes risk mitigation, which may lag during sustained, high-momentum bull markets. |
| Momentum investor | Weak fit | The strategy is designed for adaptive stability rather than chasing trending asset classes. |
| Value investor | Mixed fit | Value-oriented investors may appreciate the disciplined, non-emotional allocation methodology. |
| Dividend/Income investor | Mixed fit | While it holds fixed income, the primary focus is capital preservation and risk-adjusted returns rather than yield generation. |
| Low-risk investor | Strong fit | The fund is specifically designed to manage volatility and mitigate tail risk for conservative-leaning investors. |
Investor Profile
Ideal Investor Profile
An investor who prioritizes capital preservation and smoothed returns over aggressive, high-volatility growth.
Suitability
Best suited for long-term investors looking to build a 'core' or 'satellite' position that balances out the higher volatility of their primary equity holdings.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | The strategy aims to cap volatility, though market extremes can still impact the portfolio. |
| Market risk | Medium / high | As a multi-asset fund, it remains exposed to broad systemic declines in stocks, bonds, or commodities. |
| Concentration | Low | The risk-parity approach inherently diversifies across multiple asset classes. |
| Tracking/expense | Medium | Active management costs and potential tracking errors against theoretical risk-parity models add expense. |
| Liquidity | Medium | Lower trading volume could make it difficult to enter or exit large positions without moving the price. |
| Business/sector quality | Low | The fund is a wrapper for broad asset classes rather than specific company-level business risk. |
Risk Analysis
Volatility
The fund historically demonstrates moderate volatility by design, aiming to dampen the extreme swings of equity-only portfolios.
Market Risk
Market risk is prevalent; while the fund manages risk, it cannot eliminate systemic exposure to major economic shocks.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | US Treasury Bonds and Inflation-Protected Securities | 40 | Treasury exposure serves as a foundational ballast to balance risk against more volatile equity and commodity positions. |
| Sector | Broad US Equity ETFs | 30 | Equity exposure provides the primary growth driver for the portfolio within the risk-parity framework. |
| Commodity | Commodity Futures/ETPs | 20 | Commodities are utilized to provide inflation hedging and diversification benefits that are uncorrelated with stocks and bonds. |
| Cash/collateral | Cash and Cash Equivalents | 10 | Liquidity is maintained to facilitate tactical rebalancing and meet margin requirements for derivative instruments. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 25.13% | Avg. Invested days 61 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 09/14/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 14, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $73.38M |
| Issuer | PMV CAPITAL |
| Expense Ratio | 1.4200000000000002% |
| Distribution Yield | 5.76% |
| Inception | Dec 21, 2022 |
Performance
| Period | Total Return |
|---|---|
| YTD | +14.07% |
| 1 Year | +21.88% |
| 3 Year | +15.73% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 13.25% |
| 3Y Volatility | 8.97% |
| 3Y Sharpe Ratio | 1.14 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 28.44% |
| Large Cap | 19.11% |
| Mid Cap | 9.98% |
| Small Cap | 1.10% |
| Micro Cap | 0.07% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 33.69% |
| Financial Services | 14.48% |
| Industrials | 10.74% |
| Consumer Cyclicals | 9.12% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 17.43x |
| Portfolio P/B | 3.23x |
| Portfolio P/S | 2.47x |
| Holdings Turnover | 2.72% |
Top Holdings
| Holding | Weight |
|---|---|
| Harbor All-Weather Inflation Focus ETF | 38.23% |
| Vanguard S&P 500 ETF | 27.17% |
| Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF | 20.73% |
| Invesco QQQ Trust | 10.87% |
| Sprott Physical Gold Trust | 1.88% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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