BAMD vs. CAOS

Last updated Jun 4, 2026

BAMD (Brookstone Dividend Stock ETF) and CAOS (Alpha Architect Tail Risk ETF) are both exchange-traded funds - BAMD is a Large Cap Value Equities fund actively managed by Brookstone, while CAOS is a Options Trading fund actively managed by Alpha Architect. Both are actively managed. Over the past year, BAMD returned 7.69% vs 1.88% for CAOS. At a correlation of -0.06, they often move in opposite directions. BAMD charges 0.95%/yr vs 0.63%/yr for CAOS.

Performance

BAMD vs. CAOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Dividend Stock ETF (BAMD) and Alpha Architect Tail Risk ETF (CAOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAMD achieves a 8.13% return, which is significantly higher than CAOS's 0.82% return.

BAMD

• 1D: -0.67%
• 1M: 0.36%
• YTD: 8.13%
• 6M: 8.26%
• 1Y: 7.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAOS

• 1D: 0.12%
• 1M: -0.09%
• YTD: 0.82%
• 6M: 0.69%
• 1Y: 1.88%
• 3Y*: 4.26%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAMD vs. CAOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BAMD Brookstone Dividend Stock ETF	8.13%	-1.33%	19.76%	10.73%
CAOS Alpha Architect Tail Risk ETF	0.82%	2.55%	5.33%	2.31%

Correlation

The correlation between BAMD and CAOS is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023	-0.06

BAMD vs. CAOS - Sectors Allocation Comparison

Sectors	BAMD	CAOS
Financial Services	26.8%	12.4%
Energy	15.6%	4.1%
Technology	13.0%	33.1%
Consumer Defensive	12.8%	5.4%
Utilities	12.6%	2.6%
Industrials	4.7%	8.5%
Healthcare	4.2%	9.6%
Communication Services	4.0%	10.4%
Consumer Cyclical	3.2%	10.0%
Basic Materials	2.6%	1.9%
Real Estate	0.6%	2.0%

Return for Risk

BAMD vs. CAOS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAMD

BAMD Risk / Return Rank: 22
BAMD Sharpe Ratio Rank: 21
BAMD Sortino Ratio Rank: 20
BAMD Omega Ratio Rank: 19
BAMD Calmar Ratio Rank: 24
BAMD Martin Ratio Rank: 23

CAOS

CAOS Risk / Return Rank: 40
CAOS Sharpe Ratio Rank: 34
CAOS Sortino Ratio Rank: 37
CAOS Omega Ratio Rank: 39
CAOS Calmar Ratio Rank: 49
CAOS Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAMD vs. CAOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Dividend Stock ETF (BAMD) and Alpha Architect Tail Risk ETF (CAOS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BAMD	CAOS	Difference
Sharpe ratio: Return per unit of total volatility	0.72	1.24	-0.52
Sortino ratio: Return per unit of downside risk	1.09	1.98	-0.89
Omega ratio: Gain probability vs. loss probability	1.13	1.26	-0.13
Calmar ratio: Return relative to maximum drawdown	1.11	2.49	-1.39
Martin ratio: Return relative to average drawdown	2.91	6.22	-3.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAMD vs. CAOS - Sharpe Ratio Comparison

The current BAMD Sharpe Ratio is 0.72, which is lower than the CAOS Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of BAMD and CAOS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BAMD	CAOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	1.24	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	1.21	-0.17

Drawdowns

BAMD vs. CAOS - Drawdown Comparison

The maximum BAMD drawdown since its inception was -15.91%, which is greater than CAOS's maximum drawdown of -3.60%. Use the drawdown chart below to compare losses from any high point for BAMD and CAOS.

Drawdown Indicators

	BAMD	CAOS	Difference
Max Drawdown Largest peak-to-trough decline	-15.91%	-3.60%	-12.31%
Max Drawdown (1Y) Largest decline over 1 year	-6.99%	-0.76%	-6.23%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.60%	—
Current Drawdown Current decline from peak	-1.45%	-1.07%	-0.38%
Average Drawdown Average peak-to-trough decline	-4.29%	-0.90%	-3.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	0.30%	+2.35%

Volatility

BAMD vs. CAOS - Volatility Comparison

Brookstone Dividend Stock ETF (BAMD) has a higher volatility of 2.47% compared to Alpha Architect Tail Risk ETF (CAOS) at 0.26%. This indicates that BAMD's price experiences larger fluctuations and is considered to be riskier than CAOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAMD	CAOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	0.26%	+2.21%
Volatility (6M) Calculated over the trailing 6-month period	6.83%	1.03%	+5.80%
Volatility (1Y) Calculated over the trailing 1-year period	10.77%	1.52%	+9.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.35%	4.26%	+9.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.35%	4.26%	+9.09%

BAMD vs. CAOS - Expense Ratio Comparison

BAMD has a 0.95% expense ratio, which is higher than CAOS's 0.63% expense ratio.

Dividends

BAMD vs. CAOS - Dividend Comparison

BAMD's dividend yield for the trailing twelve months is around 3.56%, while CAOS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BAMD Brookstone Dividend Stock ETF	3.56%	3.86%	4.21%	0.70%
CAOS Alpha Architect Tail Risk ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BAMD and CAOS in my portfolio?

BAMD and CAOS have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAMD or CAOS?

BAMD has higher volatility (2.47%) compared to CAOS (0.26%). In terms of maximum drawdown, BAMD dropped -15.91% vs CAOS's -3.60%.

Which ETF is better, BAMD or CAOS?

On 1-year performance, BAMD leads with 7.69% vs 1.88% for CAOS. On fees, CAOS is cheaper at 0.63% per year. On volatility, CAOS has been the lower-risk option at 0.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAMD or CAOS?

Over the 1-year period, BAMD has performed better with a 7.69% return vs 1.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAMD or CAOS?

CAOS is cheaper with a 0.63% expense ratio, compared with 0.95% for BAMD.

Which ETF pays a higher dividend yield, BAMD or CAOS?

BAMD has the higher dividend yield at 3.56%, compared with 0.00% for CAOS.

What is the main difference between BAMD and CAOS?

BAMD is categorized as Large Cap Value Equities, while CAOS is Options Trading. They also come from different issuers: Brookstone and Alpha Architect. Their fees differ too: 0.95% for BAMD and 0.63% for CAOS.

Which has better risk-adjusted returns?

CAOS currently has the higher Sharpe Ratio (1.24 vs 0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.