ARP vs FTCE

Comparison between PMV ADAPTIVE RISK PARITY ETF (ARP, ETF) and FIRST TRUST NEW CONSTRUCTS CORE EARNINGS LEADERS ETF (FTCE, ETF).

ARP vs FTCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARP(ETF)	FTCE(ETF)
Net Assets	$82M	$82M
Expense Ratio	1.42%	0.60%
Max Drawdown	10.13%	18.36%
Sharpe Ratio	1.26	1.60
5Y Beta	0.44	0.91
P/E Ratio	N/A	32.01
Forward P/E	N/A	17.02
PEG Ratio	N/A	0.12
5Y EPS CAGR	N/A	12.03%
Debt to Equity	N/A	89.84%
P/S Ratio	N/A	2.76
P/B Ratio	N/A	5.59

Net Assets

ARP

$82M

FTCE

$82M

Expense Ratio

ARP

1.42%

Winner

FTCE

0.60%

Max Drawdown

Winner

ARP

10.13%

FTCE

18.36%

Sharpe Ratio

ARP

1.26

Winner

FTCE

1.60

5Y Beta

Winner

ARP

0.44

FTCE

0.91

P/E Ratio

ARP

N/A

FTCE

32.01

Forward P/E

ARP

N/A

FTCE

17.02

PEG Ratio

ARP

N/A

FTCE

0.12

5Y EPS CAGR

ARP

N/A

FTCE

12.03%

Debt to Equity

ARP

N/A

FTCE

89.84%

P/S Ratio

ARP

N/A

FTCE

2.76

P/B Ratio

ARP

N/A

FTCE

5.59

ARP vs FTCE - Holdings Comparison

ARP and FTCE have 0 common holdings. Overlap is 0.00%

ARP's top 25 holdings weight is 99.94%. FTCE's top 25 holdings weight is 62.87%.

Rank	ARP	FTCE
#1	HARBOR COMMODITY ALL-WEATHER STRATEGYETF (HGER) - 36.67%	QUALCOMM INC (QCOM) - 4.80%
#2	VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) - 28.52%	META PLATFORMS INC CLASS A (META) - 4.29%
#3	WISDOMTREE BLOOMBERG US DLLR BULLISH ETF (USDU) - 17.35%	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 3.74%
#4	VANGUARD FTSE EMERGING MARKETS ETF (VWO) - 6.31%	STARBUCKS CORP (SBUX) - 3.70%
#5	ISHARES 0€“1 YEAR TREASURY BOND ETF (SHV) - 4.91%	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 3.67%
#6	SPROTT PHYSICAL GOLD TRUST (PHYS) - 4.71%	ELI LILLY AND CO (LLY) - 3.65%
#7	VANGUARD LONG-TERM TREASURY ETF (VGLT) - 1.47%	CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 3.47%
#8	N/A	JPMORGAN CHASE & CO (JPM) - 3.37%
#9	N/A	BOOKING HOLDINGS INC (BKNG) - 2.63%
#10	N/A	APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 2.53%
#11	N/A	ACCENTURE PLC CLASS A (ACN) - 2.50%
#12	N/A	SERVICENOW INC (NOW) - 2.43%
#13	N/A	VISA INC CLASS A (V) - 2.38%
#14	N/A	PEPSICO INC (PEP) - 2.21%
#15	N/A	CADENCE DESIGN SYSTEMS INC (CDNS) - 2.11%
#16	N/A	GENERAL MOTORS CO (GM) - 2.01%
#17	N/A	MASTERCARD INC CLASS A (MA) - 1.75%
#18	N/A	CIENA CORP (CIEN) - 1.73%
#19	N/A	NXP SEMICONDUCTORS NV (NXPI) - 1.70%
#20	N/A	ABBVIE INC (ABBV) - 1.58%
#21	N/A	FORD MOTOR CO (F) - 1.56%
#22	N/A	ALTRIA GROUP INC (MO) - 1.34%
#23	N/A	YUM BRANDS INC (YUM) - 1.29%
#24	N/A	SNOWFLAKE INC ORDINARY SHARES (SNOW) - 1.24%
#25	N/A	AUTODESK INC (ADSK) - 1.19%
Total Holdings	7	101

ARP vs FTCE - Historical Returns

Returns include dividend reinvestment.

Period	ARP	FTCE
1 month	-3.43%	+4.08%
3 months	+1.25%	+13.37%
6 months	+8.33%	+9.82%
1 year	+22.00%	+27.80%
Max(CAGR)	+12.33%	+21.22%

ARP

-3.43%

Winner

FTCE

+4.08%

ARP

+1.25%

Winner

FTCE

+13.37%

ARP

+8.33%

Winner

FTCE

+9.82%

ARP

+22.00%

Winner

FTCE

+27.80%

Max(CAGR)

ARP

+12.33%

Winner

FTCE

+21.22%

ARP vs FTCE - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	ARP	FTCE
2026	+7.39%	+9.35%
2025	+18.33%	+25.94%
2024	+14.49%	-0.04%
2023	+2.97%	N/A
2022	-0.57%	N/A

ARP vs FTCE Drawdown Comparison

The maximum drawdown for ARP was -10.13%, occurring on Mar 26, 2026. Recovery took 50 trading sessions.

The maximum drawdown for FTCE was -18.11%, occurring on Apr 8, 2025. Recovery took 78 trading sessions.

The current ARP drawdown is -3.64%. The current FTCE drawdown is -4.28%.

Rank	ARP	FTCE
#1	-10.13% Feb 27, 2026 - May 11, 2026	-18.11% Feb 19, 2025 - Jun 11, 2025
#2	-6.74% Jul 16, 2024 - Sep 19, 2024	-10.16% Jan 29, 2026 - May 1, 2026
#3	-5.90% Jan 29, 2026 - Feb 25, 2026	-6.66% Jun 2, 2026 - Jun 10, 2026
#4	-5.87% Feb 19, 2025 - Jun 11, 2025	-5.59% Dec 4, 2024 - Feb 10, 2025
#5	-5.79% Jul 18, 2023 - Jan 23, 2024	-5.24% Oct 27, 2025 - Dec 11, 2025
#6	-5.71% Jun 2, 2026 - Jun 10, 2026	-4.26% Oct 14, 2024 - Nov 11, 2024
#7	-4.47% Jan 23, 2023 - Jul 13, 2023	-4.04% Oct 1, 2025 - Oct 24, 2025
#8	-4.13% Oct 20, 2025 - Dec 10, 2025	-2.97% Jul 28, 2025 - Aug 13, 2025
#9	-3.41% Apr 11, 2024 - May 15, 2024	-2.67% Nov 11, 2024 - Nov 26, 2024
#10	-2.77% Dec 11, 2024 - Feb 4, 2025	-2.25% Jan 12, 2026 - Jan 26, 2026
#11	-2.75% Nov 7, 2024 - Dec 11, 2024	-1.96% Dec 11, 2025 - Dec 23, 2025
#12	-2.65% Jul 23, 2025 - Aug 22, 2025	-1.32% Jun 12, 2025 - Jun 24, 2025
#13	-2.63% Oct 8, 2025 - Oct 15, 2025	-1.16% Aug 13, 2025 - Aug 22, 2025
#14	-2.24% Dec 26, 2025 - Jan 9, 2026	-1.08% Dec 26, 2025 - Jan 5, 2026
#15	-1.90% May 21, 2024 - Jun 18, 2024	-1.01% Aug 28, 2025 - Sep 8, 2025