MYLD
Cambria Micro and SmallCap Shareholder Yield ETF
📎 Investment Objective
The Cambria Micro and SmallCap Shareholder Yield ETF (MYLD) seeks to provide exposure to small-cap companies that have demonstrated a commitment to returning capital to shareholders through dividends and share buybacks.
Overview
ETF tracking Cambria Micro and SmallCap Shareholder Yield ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Cambria Micro and SmallCap Shareholder Yield ETF (MYLD) seeks to provide exposure to small-cap companies that have demonstrated a commitment to returning capital to shareholders through dividends and share buybacks.
🎯 Investment Strategy
The fund tracks the Cambria Shareholder Yield Index, which selects and weights small-cap stocks based on their shareholder yield - a combination of dividend payments and net share buybacks. The goal is to identify companies that are returning cash to shareholders, which may indicate financial strength and attractive valuations.
✨ Key Features
- Focuses on small-cap stocks with high shareholder yield
- Aims to provide exposure to companies returning capital to investors
- Employs a rules-based index methodology to select and weight holdings
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Increased volatility and risk compared to broader market due to small-cap exposure
- Potential for lower liquidity in smaller companies
- Reliance on the effectiveness of the shareholder yield investment strategy
- Concentration in a limited number of sectors or industries
👤 Best For
This ETF may be suitable for investors seeking small-cap exposure and a focus on companies returning capital to shareholders. It could be used as a satellite holding to complement a diversified portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the increased volatility of small-cap stocks.