ARP ETF — PMV Adaptive Risk Parity ETF

PMV Adaptive Risk Parity ETF (ARP)

ARP is an ETF. As of August 19, 2026, its distribution rate is 5.83%, its trailing-12-month yield is 5.83%, its expense ratio is 1.42%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is 55.5% over the past 3.7 years, 55.3 points behind SPY at 110.8%.

At the current 5.83% distribution rate, a $10,000 investment would generate approximately $583 per year, or $48.58 per month on an equivalent basis. Actual annual payments vary.

PMV Adaptive Risk Parity ETF is an actively managed fund that seeks capital appreciation with lower volatility by diversifying across multiple asset classes including U.S. and international equities, fixed income, commodities, gold, currencies, and cash, adjusting exposure based on broad economic trends. The fund carries a current distribution rate in the low single digits with annual distributions and an expense ratio of 1.42%. It appeals to income and diversification-focused investors seeking reduced correlation to stock market movements and potentially smoother returns across market cycles.

ARP performance versus SPY

Data as of August 19, 2026.

Fund total return is 55.5% over the past 3.7 years, 55.3 points behind SPY at 110.8%. Its deepest 1-year drawdown was 10.1%.

ARP key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

PMV

Asset type

ETF

Asset class

Multi-Asset

Inception date

12/21/2022

Expense ratio

1.42%

Distribution rate

5.83%

Distribution frequency

Annual

Trailing yield

5.83%

Last close

$33.85

AUM

$72,640,390

Average volume

3684.0

Last dividend

$1.9740

Ex-dividend date

12/30/2025

Payment date

01/07/2026

Beta

0.69

P/E ratio

23.8319

How Dividend Vision calculates yield and returns

Distribution rate (5.83%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (5.83%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: PMV fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ARP risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.1%.

Who may consider ARP — and who may not

ARP may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (ARP pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from PMV.