EGGS vs. CAOS

Last updated Jun 19, 2026

EGGS (NestYield Total Return Guard ETF) and CAOS (Alpha Architect Tail Risk ETF) are both exchange-traded funds - EGGS is a Derivative Income fund actively managed by NestYield, while CAOS is a Options Trading fund actively managed by Alpha Architect. Both are actively managed. Over the past year, EGGS returned 32.37% vs 1.59% for CAOS. At a correlation of -0.21, they often move in opposite directions. EGGS charges 0.89%/yr vs 0.63%/yr for CAOS.

Performance

EGGS vs. CAOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NestYield Total Return Guard ETF (EGGS) 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, EGGS achieves a 23.64% return, which is significantly higher than CAOS's 0.64% return.

EGGS

• 1D: 2.10%
• 1M: 15.72%
• YTD: 23.64%
• 6M: 25.06%
• 1Y: 32.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAOS

• 1D: 0.00%
• 1M: -0.26%
• YTD: 0.64%
• 6M: 0.50%
• 1Y: 1.59%
• 3Y*: 3.89%
• 5Y*: —
• 10Y*: —

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

EGGS vs. CAOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EGGS NestYield Total Return Guard ETF	23.64%	14.41%	-1.62%
CAOS Alpha Architect Tail Risk ETF	0.64%	2.55%	0.21%

Correlation

The correlation between EGGS and CAOS is -0.18, 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	-0.18
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	-0.21

Return for Risk

EGGS vs. CAOS — Risk / Return Rank

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

EGGS

EGGS Risk / Return Rank: 36
EGGS Sharpe Ratio Rank: 39
EGGS Sortino Ratio Rank: 36
EGGS Omega Ratio Rank: 39
EGGS Calmar Ratio Rank: 38
EGGS Martin Ratio Rank: 30

CAOS

CAOS Risk / Return Rank: 36
CAOS Sharpe Ratio Rank: 31
CAOS Sortino Ratio Rank: 33
CAOS Omega Ratio Rank: 34
CAOS Calmar Ratio Rank: 44
CAOS Martin Ratio Rank: 35

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.

EGGS vs. CAOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NestYield Total Return Guard ETF (EGGS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EGGS	CAOS	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.06	+0.24
Sortino ratio: Return per unit of downside risk	1.79	1.69	+0.10
Omega ratio: Gain probability vs. loss probability	1.25	1.22	+0.03
Calmar ratio: Return relative to maximum drawdown	1.79	2.10	-0.31
Martin ratio: Return relative to average drawdown	4.07	5.06	-0.99

EGGS vs. CAOS - Sharpe Ratio Comparison

The current EGGS Sharpe Ratio is 1.31, which is comparable to the CAOS Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of EGGS 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.

Drawdowns

EGGS vs. CAOS - Drawdown Comparison

The maximum EGGS drawdown since its inception was -18.52%, which is greater than CAOS's maximum drawdown of -3.89%. Use the drawdown chart below to compare losses from any high point for EGGS and CAOS.

Drawdown Indicators

	EGGS	CAOS	Difference
Max Drawdown Largest peak-to-trough decline	-18.52%	-3.89%	-14.63%
Max Drawdown (1Y) Largest decline over 1 year	-18.17%	-0.76%	-17.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.60%	—
Current Drawdown Current decline from peak	0.00%	-1.25%	+1.25%
Average Drawdown Average peak-to-trough decline	-5.73%	-0.92%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.98%	0.31%	+7.67%

Volatility

EGGS vs. CAOS - Volatility Comparison

NestYield Total Return Guard ETF (EGGS) has a higher volatility of 10.50% compared to Alpha Architect Tail Risk ETF (CAOS) at 0.30%. This indicates that EGGS'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

	EGGS	CAOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.50%	0.30%	+10.20%
Volatility (6M) Calculated over the trailing 6-month period	20.69%	1.04%	+19.65%
Volatility (1Y) Calculated over the trailing 1-year period	24.86%	1.50%	+23.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.17%	4.24%	+20.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.17%	4.24%	+20.93%

EGGS vs. CAOS - Expense Ratio Comparison

EGGS has a 0.89% expense ratio, which is higher than CAOS's 0.63% expense ratio.

Dividends

EGGS vs. CAOS - Dividend Comparison

EGGS's dividend yield for the trailing twelve months is around 14.68%, while CAOS has not paid dividends to shareholders.

Position	TTM	2025
CAOS Alpha Architect Tail Risk ETF	0.00%	0.00%
EGGS NestYield Total Return Guard ETF	14.68%	14.52%

Frequently Asked Questions

Can I hold both EGGS and CAOS in my portfolio?

EGGS and CAOS have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGGS or CAOS?

EGGS has higher volatility (10.50%) compared to CAOS (0.30%). In terms of maximum drawdown, EGGS dropped -18.52% vs CAOS's -3.89%.

Which ETF is better, EGGS or CAOS?

On 1-year performance, EGGS leads with 32.37% vs 1.59% for CAOS. On fees, CAOS is cheaper at 0.63% per year. On volatility, CAOS has been the lower-risk option at 0.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EGGS or CAOS?

Over the 1-year period, EGGS has performed better with a 32.37% return vs 1.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EGGS or CAOS?

CAOS is cheaper with a 0.63% expense ratio, compared with 0.89% for EGGS.

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

EGGS has the higher dividend yield at 14.68%, compared with 0.00% for CAOS.

What is the main difference between EGGS and CAOS?

EGGS is categorized as Derivative Income, while CAOS is Options Trading. They also come from different issuers: NestYield and Alpha Architect. Their fees differ too: 0.89% for EGGS and 0.63% for CAOS.

Which has better risk-adjusted returns?

EGGS currently has the higher Sharpe Ratio (1.31 vs 1.06), 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.