PMV Capital Advisers announced its actively managed PMV Adaptive Risk Parity ETF (ARP), which was launched on Dec. 21, 2022, passed its third anniversary, with total assets increasing by 85% in 2025 to $53 million at year-end. The ETF employs a risk-parity approach that aims to produce growth through various market environments with reduced volatility compared to stocks.
The risk parity approach seeks to balance returns across a market cycle by managing the risk and return trade-offs between factors that produce returns on assets, such as economic growth and inflation. PMV’s fund also takes macroeconomic trends into account and invests in global equities, bonds, commodities and currencies.
“Our Fund brings a risk-parity methodology that institutional investors have had access to for years to the retail market,” said PMV President and Chief Investment Officer Daniel Snover, who manages the ETF. “We’ve enhanced this sophisticated approach by adding a trend component to determine positions and weightings. Over the past three years, this approach has resulted in a diversification solution that has low correlation to other portfolio holdings.”
“Most advisors do not have exposure to basic equity diversifiers like gold and commodities, long-duration U.S. Treasuries, or currencies,” said James Leffler, Head of Capital Strategy. “ARP provides investors with exposure to a wide-range of diversifying positions through one trade.”
PMV Capital Advisers is an RIA headquartered in Dallas.
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