UPAR Distribution History & Yield

UPAR Ultra Risk Parity ETF · NYSEArca

ETF Tactical Allocation Quarterly payer
$16.37
-0.35% today
as of Sep 9, 2026
TTM yield
3.26%
$0.533/share over the last 12 months
Forward yield
8.04%
$1.316/share indicated annual rate
Annual distribution
$1.316
per share, forward
Per payment
$0.329
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Sep 29, 2026 Estimated
in 20 days
Next pay date
Oct 13, 2026
in 34 days
Last ex-distribution date
Jun 29, 2026
$0.329 per share
Expense ratio
0.68%
AUM 59.3M
Consistency
32/100
highly variable payouts
3y distribution CAGR
+0.1%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
4.5
since Mar 28, 2022
1y total return
+17.9%
price +14.2% + distributions 3.7%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 29, 2026 (in 20 days) Oct 13, 2026 $0.329 $32.90 Estimated
Wed, Dec 30, 2026 (in 112 days) Jan 13, 2027 $0.329 $32.90 Estimated
Thu, Apr 1, 2027 (in 204 days) Apr 15, 2027 $0.329 $32.90 Estimated
Fri, Jul 2, 2027 (in 296 days) Jul 16, 2027 $0.329 $32.90 Estimated

Estimated dates and amounts are projected from UPAR's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.316 per share.

Distribution payment history

Last 18 payments per share. RegularSpecial

Last 18 payments per share from Mar 28, 2022 to Jun 29, 2026; most recent $0.329$0.00$0.20$0.40Mar 28, 2022: $0.105Mar '22Jun 27, 2022: $0.201Sep 27, 2022: $0.232Dec 27, 2022: $0.093Dec '22Mar 28, 2023: $0.059Jun 27, 2023: $0.147Sep 26, 2023: $0.115Sep '23Dec 26, 2023: $0.095Mar 25, 2024: $0.048Jun 26, 2024: $0.193Jun '24Sep 26, 2024: $0.061Dec 27, 2024: $0.127Mar 27, 2025: $0.09Mar '25Jun 27, 2025: $0.241Sep 29, 2025: $0.126Dec 29, 2025: $0.05Dec '25Mar 27, 2026: $0.028Jun 29, 2026: $0.329

Annual distributions per share

Annual dividend per share by calendar year, 2022 to 2026 (year to date)$0.00$0.40$0.802022: $0.631$0.63120222023: $0.416$0.41620232024: $0.429$0.42920242025: $0.507$0.50720252026 (YTD): $0.357$0.3572026 YTD

How much UPAR do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month912$14,926$1,200
$500 / month4,560$74,631$6,000
$1,000 / month9,119$149,261$12,000

Based on the forward yield of 8.04%. $10,000 in UPAR would currently pay about $804 a year ($67 a month on average). Model reinvestment and growth →

UPAR distribution history

Download CSV
Ex-datePay dateAmountChange
Jun 29, 2026 $0.329 +1075.0%
Mar 27, 2026 $0.028 -44.0%
Dec 29, 2025 $0.05 -60.3%
Sep 29, 2025 $0.126 -47.7%
Jun 27, 2025 $0.241 +167.8%
Mar 27, 2025 $0.09 -29.1%
Dec 27, 2024 $0.127 +108.2%
Sep 26, 2024 $0.061 -68.4%
Jun 26, 2024 $0.193 +302.1%
Mar 25, 2024 $0.048 -49.5%
Dec 26, 2023 $0.095 -17.4%
Sep 26, 2023 $0.115 -21.8%
Jun 27, 2023 $0.147 +149.2%
Mar 28, 2023 $0.059 -36.6%
Dec 27, 2022 $0.093 -59.9%
Sep 27, 2022 $0.232 +15.4%
Jun 27, 2022 $0.201 +91.4%
Mar 28, 2022 $0.105

Payout risk check

Distribution stabilityElevated risk

UPAR's last 12 distributions were highly variable (consistency score 32/100).

Its share price moved +14.2% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About UPAR Ultra Risk Parity ETF

The fund is an actively-managed ETF that seeks to replicate the returns of the Advanced Research Ultra Risk Parity Index (the “UPAR Index”). The UPAR Index is designed to provide leveraged exposure to the RPAR Index by using an implied financing rate to target 1.4 times the asset class exposures of the RPAR Index at each quarterly rebalance. It is non-diversified.

Fund family: Evoke. Category: Tactical Allocation. First distribution on our records: Mar 28, 2022. 18 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

UPAR distribution FAQ

When is UPAR's next ex-distribution date?

UPAR's next ex-distribution date is Sep 29, 2026 (in 20 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.329 per share, expected on Oct 13, 2026.

How often does UPAR pay distributions?

UPAR pays distributions every quarter, 4 times a year. The most recent payment was $0.329 per share with an ex-date of Jun 29, 2026.

What is UPAR's distribution yield?

UPAR's trailing 12-month distribution yield is 3.26%, based on $0.533 per share paid over the last year and a share price of $16.37. The forward yield, using the indicated annual rate of $1.316 per share, is 8.04%.

How much does UPAR pay per share?

UPAR pays about $0.329 per share each quarter, which works out to roughly $1.316 per share a year. 100 shares would collect about $131.60 a year.

Has UPAR grown or cut its distribution?

Over the last 3 years the regular payout changed +0.1% a year. As a fund, UPAR's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of UPAR do I need to earn $100 a month?

At the current forward yield of 8.04%, you would need about 912 shares of UPAR (roughly $14,926 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

Similar funds