LYLD

Cambria Large Cap Shareholder Yield ETF

$27.22
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Cambria Large Cap Shareholder Yield ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Cambria Shareholder Yield Index.

Overview

ETF tracking Cambria Large Cap Shareholder Yield ETF

Category Large Cap
Issuer Other
Inception Date 2024-07-12
Market Cap $5.4M
Average Volume N/A
Dividend Yield 2.24%
52-Week Range $22.54 - $27.95
VWAP $27.29

Performance

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Investment Summary

📎 Investment Objective

The Cambria Large Cap Shareholder Yield ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Cambria Shareholder Yield Index.

🎯 Investment Strategy

The ETF invests in a portfolio of large-capitalization U.S. stocks that have a high shareholder yield, which is a combined measure of dividend payments and share buybacks. The fund's portfolio is rebalanced and reconstituted annually.

✨ Key Features

  • Focuses on large-cap U.S. stocks with high shareholder yield
  • Seeks to provide exposure to companies returning cash to shareholders
  • Passively managed, index-based approach
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The fund's focus on large-cap stocks may lead to higher volatility
  • Liquidity risk: Difficulty buying or selling shares at desired prices due to low trading volume
  • Index tracking error: The fund may not perfectly replicate the performance of its underlying index

👤 Best For

The Cambria Large Cap Shareholder Yield ETF may be suitable for investors seeking exposure to large-cap U.S. stocks with a focus on companies returning cash to shareholders through dividends and share buybacks. This fund may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.