GLOW vs UPAR

Comparison between VICTORYSHARES WESTEND GLOBAL EQUITY ETF (GLOW, ETF) and UPAR ULTRA RISK PARITY ETF (UPAR, ETF).

GLOW vs UPAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLOW(ETF)	UPAR(ETF)
Net Assets	$60M	$59M
Expense Ratio	0.72%	0.68%
Max Drawdown	15.58%	43.05%
Sharpe Ratio	1.32	0.91
5Y Beta	0.86	0.55

Net Assets

Winner

GLOW

$60M

UPAR

$59M

Expense Ratio

GLOW

0.72%

Winner

UPAR

0.68%

Max Drawdown

Winner

GLOW

15.58%

UPAR

43.05%

Sharpe Ratio

Winner

GLOW

1.32

UPAR

0.91

5Y Beta

GLOW

0.86

Winner

UPAR

0.55

GLOW vs UPAR - Holdings Comparison

GLOW and UPAR have 0 common holdings. Overlap is 0.00%

GLOW's top 25 holdings weight is 99.99%. UPAR's top 25 holdings weight is 111.63%.

Rank	GLOW	UPAR
#1	STATE STREET®TECHSELSECTSPDR®ETF (XLK) - 17.59%	n/a (n/a) - 14.73%
#2	ISHARES CORE MSCI EUROPE ETF (IEUR) - 15.00%	SPDR® GOLD MINISHARES (GLDM) - 13.41%
#3	STATE STREET®FINSELSECTSPDR®ETF (XLF) - 13.38%	UNITED STATES TREASURY BONDS 1% (n/a) - 11.41%
#4	VANGUARD FTSE ALL-WLD EX-US ETF (VEU) - 12.37%	UNITED STATES TREASURY BONDS 0.75% (n/a) - 7.46%
#5	STATE STREET®HLTHCRSELSECTSPDR®ETF (XLV) - 8.34%	UNITED STATES TREASURY BONDS 1.38% (n/a) - 5.35%
#6	STATE STREET® COMMSERVSELSECTSPDR®ETF (XLC) - 6.14%	n/a (n/a) - 5.24%
#7	ISHARES CORE S&P SMALL-CAP ETF (IJR) - 5.03%	VANGUARD FTSE EMERGING MARKETS ETF (VWO) - 5.15%
#8	ISHARES BIOTECHNOLOGY ETF (IBB) - 3.40%	MSCI EAFE INDEX FUTURE SEPT 26 (n/a) - 4.72%
#9	ISHARES TRANSPORTATION AVERAGE ETF (IYT) - 3.35%	UNITED STATES TREASURY BONDS 0.63% (n/a) - 4.34%
#10	STATE STREET® CNSMRDISCSELSECTSPDR®ETF (XLY) - 3.27%	UNITED STATES TREASURY BONDS 0.13% (n/a) - 4.32%
#11	STATE STREET®UTILSELSECTSPDR®ETF (XLU) - 3.25%	UNITED STATES TREASURY BONDS 2.38% (n/a) - 4.17%
#12	ISHARES EXPANDED TECH SECTOR ETF (IGM) - 3.24%	UNITED STATES TREASURY BONDS 0.88% (n/a) - 3.83%
#13	STATE STREET®MATSELSECTSPDR®ETF (XLB) - 3.19%	OTHER ASSETS AND LIABILITIES (n/a) - 3.70%
#14	VANGUARD FTSE PACIFIC ETF (VPL) - 2.44%	VANGUARD EXTENDED MARKET ETF (VXF) - 3.55%
#15	N/A	UNITED STATES TREASURY BONDS 1.5% (n/a) - 3.26%
#16	N/A	UNITED STATES TREASURY BONDS 2.13% (n/a) - 3.23%
#17	N/A	VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) - 2.55%
#18	N/A	UNITED STATES TREASURY BONDS 0.25% (n/a) - 2.16%
#19	N/A	EXXONMOBIL HOLDINGS CORP (XOM) - 1.76%
#20	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.67%
#21	N/A	DEERE & CO (DE) - 1.65%
#22	N/A	BHP GROUP LTD ADR (BHP) - 1.17%
#23	N/A	CHEVRON CORP (CVX) - 1.05%
#24	N/A	RIO TINTO PLC ADR (RIO) - 0.92%
#25	N/A	SOUTHERN COPPER CORP (SCCO) - 0.83%
Total Holdings	14	149

GLOW vs UPAR - Historical Returns

Returns include dividend reinvestment.

Period	GLOW	UPAR
1 month	+0.30%	-2.41%
3 months	+5.35%	-4.73%
6 months	+7.77%	-2.32%
1 year	+19.25%	+14.92%
5 years(CAGR)	N/A	-1.68%
Max(CAGR)	+17.50%	-1.68%

Winner

GLOW

+0.30%

UPAR

-2.41%

Winner

GLOW

+5.35%

UPAR

-4.73%

Winner

GLOW

+7.77%

UPAR

-2.32%

Winner

GLOW

+19.25%

UPAR

+14.92%

5Y(CAGR)

GLOW

N/A

UPAR

-1.68%

Max(CAGR)

Winner

GLOW

+17.50%

UPAR

-1.68%

GLOW vs UPAR - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	GLOW	UPAR
2026	+9.89%	+2.91%
2025	+21.49%	+23.87%
2024	+4.44%	-1.95%
2023	N/A	+4.94%
2022	N/A	-30.27%

GLOW vs UPAR Drawdown Comparison

The maximum drawdown for GLOW was -15.58%, occurring on Apr 8, 2025. Recovery took 71 trading sessions.

The maximum drawdown for UPAR was -38.97%, occurring on Oct 25, 2023. Recovery took 1030 trading sessions.

The current GLOW drawdown is -2.29%. The current UPAR drawdown is -9.47%.

Rank	GLOW	UPAR
#1	-15.58% Feb 19, 2025 - Jun 2, 2025	-38.97% Jan 12, 2022 - Feb 23, 2026
#2	-9.33% Feb 25, 2026 - Apr 17, 2026	-11.13% Mar 2, 2026 - Mar 27, 2026
#3	-7.69% Jul 16, 2024 - Aug 21, 2024	-2.22% Jan 4, 2022 - Jan 12, 2022
#4	-5.29% Dec 6, 2024 - Jan 30, 2025	N/A
#5	-5.19% Oct 27, 2025 - Dec 11, 2025	N/A
#6	-3.71% Jun 2, 2026 - Jun 15, 2026	N/A
#7	-3.64% Aug 30, 2024 - Sep 16, 2024	N/A
#8	-3.08% Oct 6, 2025 - Oct 20, 2025	N/A
#9	-2.98% Oct 14, 2024 - Nov 7, 2024	N/A
#10	-2.77% Jul 23, 2025 - Aug 12, 2025	N/A
#11	-2.47% Nov 11, 2024 - Nov 29, 2024	N/A
#12	-2.43% Jul 6, 2026 - Jul 20, 2026	N/A
#13	-2.04% Jan 29, 2026 - Feb 6, 2026	N/A
#14	-1.90% Jun 15, 2026 - Jun 30, 2026	N/A
#15	-1.89% Jan 12, 2026 - Jan 26, 2026	N/A