- RPAR Risk Parity ETF has had a great run since inception, but the ETF has started to suffer from what could be an "everything-rally correction".
- Stock investors may not have noticed, but weakness across nearly all major asset classes began in August, and losses only accelerated in September.
- It is hard to know what will happen next, but I think diversified strategies will likely continue to suffer in the foreseeable future.
- Yet, I maintain my views that RPAR will continue to produce substantially better risk-adjusted returns than stocks over longer periods of time.
For further details see:
RPAR Risk Parity ETF: Another Test For Diversification