Assessing which Risk Parity Funds Blew up

/Assessing which Risk Parity Funds Blew up

Assessing which Risk Parity Funds Blew up

By | 2017-08-18T17:10:00+00:00 July 1st, 2013|Uncategorized|2 Comments

Back in March I posted about “Which Risk Parity Pension Will Blow Up First:”

Now we can see where the pieces ended up:

As more and more folks get destroyed in risk parity focused strategies, I’ll get more and more bullish on risk parity.

  • The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Alpha Architect, its affiliates or its employees. Our full disclosures are available here. Definitions of common statistics used in our analysis are available here (towards the bottom).
  • Join thousands of other readers and subscribe to our blog.
  • This site provides NO information on our value ETFs or our momentum ETFs. Please refer to this site.

Print Friendly, PDF & Email

About the Author:

Wes Gray
After serving as a Captain in the United States Marine Corps, Dr. Gray earned a PhD, and worked as a finance professor at Drexel University. Dr. Gray’s interest in bridging the research gap between academia and industry led him to found Alpha Architect, an asset management that delivers affordable active exposures for tax-sensitive investors. Dr. Gray has published four books and a number of academic articles. Wes is a regular contributor to multiple industry outlets, to include the following: Wall Street Journal, Forbes,, and the CFA Institute. Dr. Gray earned an MBA and a PhD in finance from the University of Chicago and graduated magna cum laude with a BS from The Wharton School of the University of Pennsylvania.


  1. Trey Petty July 2, 2013 at 12:43 pm

    Thanks for this post, Dr. Gray. I remember a local teacher’s fund moving to a hedge fund 2-3 years ago trying to chase some returns. The expenses and the losses have greatly hurt them. They’ve since switched back to something else….

Leave A Comment