SYLD

Cambria Shareholder Yield ETF

$67.63
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Cambria Shareholder Yield ETF (SYLD) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Cambria Shareholder Yield Index.

Overview

ETF tracking Cambria Shareholder Yield ETF

Category Value
Issuer Other
Inception Date 2018-12-17
Market Cap $912.9M
Average Volume N/A
Dividend Yield 2.33%
52-Week Range $55.35 - $76.27
VWAP $67.70

Performance

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Investment Summary

📎 Investment Objective

The Cambria Shareholder Yield ETF (SYLD) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Cambria Shareholder Yield Index.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. stocks that have a high shareholder yield, which is a combination of dividend payments and net stock buybacks. The index methodology selects the 100 stocks with the highest shareholder yield from the Nasdaq US 500 Large Cap Index.

✨ Key Features

  • Focuses on U.S. large-cap stocks with high shareholder yield
  • Employs a rules-based index methodology to identify companies returning cash to shareholders
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund holds a relatively small number of stocks
  • Potential for higher volatility compared to the broader market
  • Limited performance history makes it difficult to evaluate long-term returns
  • Liquidity risk due to the fund's small asset base

👤 Best For

The Cambria Shareholder Yield ETF may be suitable for investors seeking exposure to a value-oriented strategy focused on U.S. large-cap stocks that return cash to shareholders through dividends and buybacks. However, the fund's limited track record means it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.