WFRPX: Wealthfront Risk Parity W

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WFRPX Wealthfront Risk Parity W


Profile

WFRPX - Profile

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.07 B
  • Holdings in Top 10 215.4%

52 WEEK LOW AND HIGH

$11.09
$8.77
$11.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.24%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Wealthfront Risk Parity Fund Class W
  • Fund Family Name
    Wealthfront
  • Inception Date
    Jan 22, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ashley Johnson

Fund Description

Under normal circumstances, the fund seeks to achieve its investment objective by allocating its assets among a broad range of asset classes (including but not limited to global developed and emerging market equities, global developed and emerging markets fixed income, real estate investment trusts (REITs) and commodities). It will generally have some level of investment in most of these asset classes but there is no stated limit on the percentage of assets the fund will allocate to a particular asset class. The fund is non-diversified.


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Categories

Performance

WFRPX - Performance

Return Ranking - Trailing

Period WFRPX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -0.4% 3.1% 0.70%
1 Yr 27.2% -1.5% 27.2% 0.72%
3 Yr N/A* -3.2% 10.0% N/A
5 Yr N/A* -2.9% 25.0% N/A
10 Yr N/A* -3.0% 13.6% N/A

* Annualized

Return Ranking - Calendar

Period WFRPX Return Category Return Low Category Return High Rank in Category (%)
2019 27.6% -10.2% 27.6% 0.72%
2018 N/A -24.2% 1.1% N/A
2017 N/A -0.6% 16.9% N/A
2016 N/A -3.9% 209.2% N/A
2015 N/A -19.9% 0.3% N/A

Total Return Ranking - Trailing

Period WFRPX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -0.4% 3.1% 0.70%
1 Yr 27.2% -1.5% 27.2% 0.72%
3 Yr N/A* -2.9% 10.0% N/A
5 Yr N/A* -2.5% 29.4% N/A
10 Yr N/A* -1.9% 17.8% N/A

* Annualized

Total Return Ranking - Calendar

Period WFRPX Return Category Return Low Category Return High Rank in Category (%)
2019 27.6% -10.2% 27.6% 0.72%
2018 N/A -24.2% 1.9% N/A
2017 N/A 0.0% 20.3% N/A
2016 N/A -3.9% 216.9% N/A
2015 N/A -17.8% 1.4% N/A

NAV & Total Return History


Holdings

WFRPX - Holdings

Concentration Analysis

WFRPX Category Low Category High WFRPX % Rank
Net Assets 1.07 B 20 14.9 B 21.53%
Number of Holdings 21 2 821 61.43%
Net Assets in Top 10 2.15 B 87.2 K 10.1 B 7.14%
Weighting of Top 10 215.38% 11.7% 215.4% 0.71%

Top 10 Holdings

  1. Recv Agg Bullet Swap 12/2 101.86%
  2. Recv Emb Bullet Swap 12/2 32.32%
  3. Recv Vea Bullet Swap11/19 24.41%
  4. Recv Spy36h040 3336 03-04 21.25%
  5. Recv Vnq36h040 3336 03-04 18.65%
  6. Payb Vwo Bullet Swap 4/29 16.89%

Asset Allocation

Weighting Return Low Return High WFRPX % Rank
Other
215.38% -0.89% 215.38% 0.71%
Stocks
0.00% 0.00% 71.96% 97.14%
Preferred Stocks
0.00% 0.00% 11.46% 93.57%
Convertible Bonds
0.00% 0.00% 21.63% 96.43%
Bonds
0.00% 0.00% 79.36% 100.00%
Cash
-115.38% -115.38% 61.70% 100.00%

Expenses

WFRPX - Expenses

Operational Fees

WFRPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.24% 0.01% 5.63% 89.71%
Management Fee 0.24% 0.00% 2.08% 44.67%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

WFRPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WFRPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WFRPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 551.00% 0.74%

Distributions

WFRPX - Distributions

Dividend Yield Analysis

WFRPX Category Low Category High WFRPX % Rank
Dividend Yield 0.00% 0.00% 5.06% 82.00%

Dividend Distribution Analysis

WFRPX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

WFRPX Category Low Category High WFRPX % Rank
Net Income Ratio 1.92% -0.77% 5.46% 52.21%

Capital Gain Distribution Analysis

WFRPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

WFRPX - Fund Manager Analysis

Managers

Ashley Johnson


Start Date

Tenure

Tenure Rank

Mar 07, 2019

0.82

0.8%

Alex Michalka


Start Date

Tenure

Tenure Rank

Jun 10, 2019

0.56

0.6%

Alex Michalka, Ph.D, has served as Director of Investments of Wealthfront since May 2019. Dr. Michalka earned a B.A. in Applied Mathematics from the University of California, Berkeley, and a Ph.D. in Operations Research from Columbia University. Prior to Wealthfront, Dr. Michalka has held quantitative research positions at AQR Capital Management and The Climate Corporation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 29.17 5.03 2.78