EYLD vs. AVES

Last updated Apr 2, 2026

Compare and contrast key facts about Cambria Emerging Shareholder Yield ETF (EYLD) and Avantis Emerging Markets Value ETF (AVES).

EYLD and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EYLD is an actively managed fund by Cambria. It was launched on Jul 14, 2016. AVES is an actively managed fund by American Century. It was launched on Sep 28, 2021.

Performance

EYLD vs. AVES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Emerging Shareholder Yield ETF (EYLD) and Avantis Emerging Markets Value ETF (AVES). The values are adjusted to include any dividend payments, if applicable.

EYLD vs. AVES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EYLD Cambria Emerging Shareholder Yield ETF	9.05%	29.39%	4.72%	18.77%	-16.10%	3.22%
AVES Avantis Emerging Markets Value ETF	3.23%	30.49%	4.50%	16.79%	-16.04%	1.32%

Returns By Period

In the year-to-date period, EYLD achieves a 9.05% return, which is significantly higher than AVES's 3.23% return.

EYLD

• 1D: 0.36%
• 1M: -5.80%
• YTD: 9.05%
• 6M: 14.95%
• 1Y: 37.97%
• 3Y*: 19.73%
• 5Y*: 8.04%
• 10Y*: —

AVES

• 1D: 0.25%
• 1M: -7.78%
• YTD: 3.23%
• 6M: 6.57%
• 1Y: 31.01%
• 3Y*: 16.43%
• 5Y*: —
• 10Y*: —

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

EYLD vs. AVES - Expense Ratio Comparison

EYLD has a 0.65% expense ratio, which is higher than AVES's 0.36% expense ratio.

EYLD

Cambria Emerging Shareholder Yield ETF

AVES

Avantis Emerging Markets Value ETF

Return for Risk

EYLD vs. AVES — Risk / Return Rank

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

EYLD

EYLD Risk / Return Rank: 90
EYLD Sharpe Ratio Rank: 90
EYLD Sortino Ratio Rank: 89
EYLD Omega Ratio Rank: 91
EYLD Calmar Ratio Rank: 87
EYLD Martin Ratio Rank: 90

AVES

AVES Risk / Return Rank: 83
AVES Sharpe Ratio Rank: 84
AVES Sortino Ratio Rank: 84
AVES Omega Ratio Rank: 84
AVES Calmar Ratio Rank: 83
AVES Martin Ratio Rank: 82

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.

EYLD vs. AVES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Emerging Shareholder Yield ETF (EYLD) and Avantis Emerging Markets Value ETF (AVES). 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.

	EYLD	AVES	Difference
Sharpe ratio Return per unit of total volatility	2.06	1.72	+0.33
Sortino ratio Return per unit of downside risk	2.58	2.28	+0.30
Omega ratio Gain probability vs. loss probability	1.40	1.34	+0.06
Calmar ratio Return relative to maximum drawdown	2.87	2.48	+0.39
Martin ratio Return relative to average drawdown	12.57	9.44	+3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EYLD vs. AVES - Sharpe Ratio Comparison

The current EYLD Sharpe Ratio is 2.06, which is comparable to the AVES Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of EYLD and AVES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EYLD	AVES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	1.72	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.47	+0.03

Correlation

The correlation between EYLD and AVES is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EYLD vs. AVES - Dividend Comparison

EYLD's dividend yield for the trailing twelve months is around 5.55%, more than AVES's 3.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EYLD Cambria Emerging Shareholder Yield ETF	5.55%	5.40%	5.16%	5.54%	6.97%	7.27%	3.02%	4.21%	7.87%	2.77%	0.75%
AVES Avantis Emerging Markets Value ETF	3.18%	3.17%	4.09%	3.96%	3.70%	0.62%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EYLD vs. AVES - Drawdown Comparison

The maximum EYLD drawdown since its inception was -41.82%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for EYLD and AVES.

Drawdown Indicators

	EYLD	AVES	Difference
Max Drawdown Largest peak-to-trough decline	-41.82%	-27.40%	-14.42%
Max Drawdown (1Y) Largest decline over 1 year	-13.59%	-12.90%	-0.69%
Max Drawdown (5Y) Largest decline over 5 years	-30.26%	—	—
Current Drawdown Current decline from peak	-7.36%	-10.06%	+2.70%
Average Drawdown Average peak-to-trough decline	-10.43%	-7.91%	-2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	3.39%	-0.28%

Volatility

EYLD vs. AVES - Volatility Comparison

Cambria Emerging Shareholder Yield ETF (EYLD) and Avantis Emerging Markets Value ETF (AVES) have volatilities of 8.15% and 7.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EYLD	AVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	7.78%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	12.89%	12.88%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	18.56%	18.08%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.10%	16.73%	+1.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.62%	16.73%	+4.89%