Alpha Architect Tail Risk ETF (CAOS) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CAOS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAOS
CAOS charges 0.63% annually. There are 21 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 140.25M | Oct 2023 | CAOS vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.58M | Jul 2025 | CAOS vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | CAOS vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.25M | Jan 2021 | CAOS vs ISWN | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 168.36M | Jun 2023 | CAOS vs IVVM |
Best Risk-Adjusted Alternatives to CAOS
CAOS has a PortfoliosLab risk / return rank of 48. There are 116 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | CAOS vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.26M | Mar 2023 | CAOS vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 190.94M | May 2020 | CAOS vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | CAOS vs PBAP | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 98 | — | Mar 2024 | CAOS vs XIMR |
Top Performing CAOS Alternatives (YTD)
CAOS is at 0.73% YTD. There are 140 ETFs in the Options Trading category with higher YTD returns, going as high as 109.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | CAOS vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 15.28% | 190.88M | Sep 2023 | CAOS vs QQQY | |
| Kurv Technology Titans Select ETF | 14.52% | 100.42M | Jul 2024 | CAOS vs KQQQ | |
| Defiance R2000 Weekly Distribution ETF | 14.09% | 98.05M | Oct 2023 | CAOS vs IWMY | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 13.13% | 923.83M | Mar 2024 | CAOS vs QDTE |
Lowest Volatility Alternatives to CAOS
CAOS has 1.56% 1-year volatility. There is 1 ETF in the Options Trading category with lower 1-year volatility, going as low as 1.27%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.27% | — | Mar 2024 | CAOS vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | 1.56% | 13.64M | Jun 2023 | CAOS vs JULJ | |
| Innovator Premium Income 30 Barrier ETF - April | 1.56% | 32.26M | Mar 2023 | CAOS vs APRJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.04% | — | Mar 2024 | CAOS vs XIMR | |
| Innovator Premium Income 15 Buffer ETF - October | 2.14% | 10.77M | Sep 2023 | CAOS vs LOCT |
Lowest Drawdown Alternatives to CAOS
CAOS has a 1-year max drawdown of -0.76%. There are 3 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | CAOS vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.26M | Mar 2023 | CAOS vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.64M | Jun 2023 | CAOS vs JULJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 190.94M | May 2020 | CAOS vs APRW | |
| Innovator Equity Defined Protection ETF - 2 Yr To ... | -0.96% | — | Mar 2024 | CAOS vs AAPR |
Other ETFs from Alpha Architect
The 10 most viewed Alpha Architect ETFs shown here include BOXX, QMOM, BBLU and span 10 categories. AUM among these funds goes as high as $11B.
Often Compared With CAOS
Investors most often compare CAOS with TAIL, SHY, SPY. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.
Compare CAOS with Any Fund or Stock
Compare CAOS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAOS with funds that move differently
Alpha Architect Tail Risk ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAOS.
Explore CAOS Diversifiers