Pmv Adaptive Risk Parity ETFARP

An exchange-traded fund that applies a risk parity strategy to a diversified portfolio of global asset classes, including equities, fixed income, and commodities. The fund aims to balance risk contributions across asset classes rather than allocating by market capitalization. Investors track it as a way to gain exposure to a systematic, multi-asset approach that seeks to reduce drawdowns relative to traditional equity-heavy portfolios.