EAGL vs. CAOS

Last updated Jun 4, 2026

EAGL (Eagle Capital Select Equity ETF) and CAOS (Alpha Architect Tail Risk ETF) are both exchange-traded funds - EAGL is a Global Equities fund actively managed by Eagle Capital, while CAOS is a Options Trading fund actively managed by Alpha Architect. Both are actively managed. Over the past year, EAGL returned 13.32% vs 1.88% for CAOS. At a correlation of -0.19, they often move in opposite directions. EAGL charges 0.80%/yr vs 0.63%/yr for CAOS.

Performance

EAGL vs. CAOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eagle Capital Select Equity ETF (EAGL) 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, EAGL achieves a 0.59% return, which is significantly lower than CAOS's 0.82% return.

EAGL

• 1D: -1.39%
• 1M: -0.21%
• YTD: 0.59%
• 6M: 1.35%
• 1Y: 13.32%
• 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)

EAGL vs. CAOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EAGL Eagle Capital Select Equity ETF	0.59%	17.19%	11.27%
CAOS Alpha Architect Tail Risk ETF	0.82%	2.55%	3.98%

Correlation

The correlation between EAGL and CAOS is -0.30, 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	-0.30
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024	-0.19

The correlation between EAGL and CAOS shifts across timeframes, from -0.30 (1 year) to -0.19 (all time), reflecting how their relationship changes across market environments.

EAGL vs. CAOS - Sectors Allocation Comparison

Sectors	EAGL	CAOS
Technology	22.3%	33.1%
Financial Services	16.9%	12.4%
Consumer Cyclical	15.4%	10.0%
Healthcare	14.8%	9.6%
Communication Services	13.0%	10.4%
Energy	8.9%	4.1%
Industrials	4.2%	8.5%
Basic Materials	2.5%	1.9%
Consumer Defensive	2.0%	5.4%
Real Estate	-	2.0%
Utilities	-	2.6%

Return for Risk

EAGL vs. CAOS — Risk / Return Rank

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

EAGL

EAGL Risk / Return Rank: 27
EAGL Sharpe Ratio Rank: 29
EAGL Sortino Ratio Rank: 28
EAGL Omega Ratio Rank: 28
EAGL Calmar Ratio Rank: 22
EAGL Martin Ratio Rank: 26

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.

EAGL vs. CAOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eagle Capital Select Equity ETF (EAGL) 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.

	EAGL	CAOS	Difference
Sharpe ratio Return per unit of total volatility	1.04	1.24	-0.20
Sortino ratio Return per unit of downside risk	1.49	1.98	-0.49
Omega ratio Gain probability vs. loss probability	1.18	1.26	-0.07
Calmar ratio Return relative to maximum drawdown	0.99	2.49	-1.50
Martin ratio Return relative to average drawdown	3.37	6.22	-2.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EAGL vs. CAOS - Sharpe Ratio Comparison

The current EAGL Sharpe Ratio is 1.04, which is comparable to the CAOS Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of EAGL 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

	EAGL	CAOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	1.24	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.21	-0.34

Drawdowns

EAGL vs. CAOS - Drawdown Comparison

The maximum EAGL drawdown since its inception was -15.09%, which is greater than CAOS's maximum drawdown of -3.60%. Use the drawdown chart below to compare losses from any high point for EAGL and CAOS.

Drawdown Indicators

	EAGL	CAOS	Difference
Max Drawdown Largest peak-to-trough decline	-15.09%	-3.60%	-11.49%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	-0.76%	-12.78%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.60%	—
Current Drawdown Current decline from peak	-3.49%	-1.07%	-2.42%
Average Drawdown Average peak-to-trough decline	-2.60%	-0.90%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	0.30%	+3.66%

Volatility

EAGL vs. CAOS - Volatility Comparison

Eagle Capital Select Equity ETF (EAGL) has a higher volatility of 3.75% compared to Alpha Architect Tail Risk ETF (CAOS) at 0.26%. This indicates that EAGL'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

	EAGL	CAOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	0.26%	+3.49%
Volatility (6M) Calculated over the trailing 6-month period	9.84%	1.03%	+8.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.90%	1.52%	+11.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.35%	4.26%	+11.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.35%	4.26%	+11.09%

EAGL vs. CAOS - Expense Ratio Comparison

EAGL has a 0.80% expense ratio, which is higher than CAOS's 0.63% expense ratio.

Dividends

EAGL vs. CAOS - Dividend Comparison

EAGL's dividend yield for the trailing twelve months is around 0.55%, while CAOS has not paid dividends to shareholders.

Position	TTM	2025	2024
CAOS Alpha Architect Tail Risk ETF	0.00%	0.00%	0.00%
EAGL Eagle Capital Select Equity ETF	0.55%	0.55%	0.29%

Frequently Asked Questions

Can I hold both EAGL and CAOS in my portfolio?

EAGL and CAOS have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EAGL or CAOS?

EAGL has higher volatility (3.75%) compared to CAOS (0.26%). In terms of maximum drawdown, EAGL dropped -15.09% vs CAOS's -3.60%.

Which ETF is better, EAGL or CAOS?

On 1-year performance, EAGL leads with 13.32% 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, EAGL or CAOS?

Over the 1-year period, EAGL has performed better with a 13.32% return vs 1.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EAGL or CAOS?

CAOS is cheaper with a 0.63% expense ratio, compared with 0.80% for EAGL.

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

EAGL has the higher dividend yield at 0.55%, compared with 0.00% for CAOS.

What is the main difference between EAGL and CAOS?

EAGL is categorized as Global Equities, while CAOS is Options Trading. They also come from different issuers: Eagle Capital and Alpha Architect. Their fees differ too: 0.80% for EAGL and 0.63% for CAOS.

Which has better risk-adjusted returns?

CAOS currently has the higher Sharpe Ratio (1.24 vs 1.04), 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.