GENZ vs. CAOS
GENZ (VanEck Digital Native Economy ETF) and CAOS (Alpha Architect Tail Risk ETF) are both exchange-traded funds - GENZ is a Technology Equities fund tracking the MarketVector Digital Native Economy Index, while CAOS is a Options Trading fund actively managed by Alpha Architect. GENZ is passively managed, while CAOS is actively managed. Over the past 3 years, GENZ returned -4.53%/yr vs 3.48%/yr for CAOS. Their 0.07 correlation means their historical movements had little consistent relationship. GENZ charges 0.50%/yr vs 0.63%/yr for CAOS.
Performance
GENZ vs. CAOS - Performance Comparison
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Returns By Period
In the year-to-date period, GENZ achieves a -8.92% return, which is significantly lower than CAOS's 0.76% return.
GENZ
- 1D
- -3.10%
- 1M
- -2.17%
- 6M
- 0.24%
- YTD
- -8.92%
- 1Y
- -13.86%
- 3Y*
- -4.53%
- 5Y*
- -3.36%
- 10Y*
- 3.13%
- ALL TIME*
- 1.85%
CAOS
- 1D
- -0.06%
- 1M
- -0.01%
- 6M
- 0.16%
- YTD
- 0.76%
- 1Y
- 1.73%
- 3Y*
- 3.48%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.81M | $5.39M | $5.09M | |
| $64.71K | $66.66K | $80.30K |
GENZ vs. CAOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GENZ VanEck Digital Native Economy ETF | -8.92% | 4.15% | -1.39% | -2.94% |
CAOS Alpha Architect Tail Risk ETF | 0.76% | 2.55% | 5.33% | 7.43% |
Correlation
The correlation between GENZ and CAOS is -0.18, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.18 |
Correlation (3Y) Balances recent behavior with more history. | -0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2023 | 0.07 |
The correlation between GENZ and CAOS shifts across timeframes, from -0.18 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GENZ vs. CAOS — Risk / Return Rank
GENZ
CAOS
GENZ vs. CAOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Native Economy ETF (GENZ) 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.
| GENZ | CAOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.79 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.24 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 2.47 | -3.01 |
| Martin ratioReturn relative to average drawdown | -0.89 | 5.45 | -6.33 |
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Drawdowns
GENZ vs. CAOS - Drawdown Comparison
The maximum GENZ drawdown since its inception was -71.12%, which is greater than CAOS's maximum drawdown of -3.89%. Use the drawdown chart below to compare losses from any high point for GENZ and CAOS.
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Drawdown Indicators
| GENZ | CAOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -3.89% | -67.23% |
Max Drawdown (1Y)Largest decline over 1 year | -26.40% | -0.76% | -25.64% |
Max Drawdown (3Y)Largest decline over 3 years | -26.40% | -3.60% | -22.80% |
Max Drawdown (5Y)Largest decline over 5 years | -39.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.43% | — | — |
Current DrawdownCurrent decline from peak | -28.49% | -1.13% | -27.36% |
Average DrawdownAverage peak-to-trough decline | -24.57% | -0.92% | -23.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.08% | 0.34% | +15.74% |
Volatility
GENZ vs. CAOS - Volatility Comparison
VanEck Digital Native Economy ETF (GENZ) has a higher volatility of 7.97% compared to Alpha Architect Tail Risk ETF (CAOS) at 0.51%. This indicates that GENZ'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.
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Volatility by Period
| GENZ | CAOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 0.51% | +7.46% |
Volatility (6M)Calculated over the trailing 6-month period | 17.84% | 1.07% | +16.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.62% | 1.57% | +19.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.71% | 4.18% | +20.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.15% | 4.18% | +20.97% |
GENZ vs. CAOS - Expense Ratio Comparison
GENZ has a 0.50% expense ratio, which is lower than CAOS's 0.63% expense ratio.
Dividends
GENZ vs. CAOS - Dividend Comparison
GENZ's dividend yield for the trailing twelve months is around 3.66%, while CAOS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAOS Alpha Architect Tail Risk ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GENZ VanEck Digital Native Economy ETF | 3.66% | 3.34% | 2.88% | 1.68% | 0.44% | 0.79% | 0.47% | 2.95% | 3.43% | 2.31% | 3.15% | 4.09% |
Frequently Asked Questions
GENZ 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.
GENZ has higher volatility (7.97%) compared to CAOS (0.51%). In terms of maximum drawdown, GENZ dropped -71.12% vs CAOS's -3.89%.
On 3-year performance, CAOS leads with 3.48% vs -4.53% for GENZ. On fees, GENZ is cheaper at 0.50% per year. On volatility, CAOS has been the lower-risk option at 0.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, CAOS has performed better with a 3.48% return vs -4.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GENZ is cheaper with a 0.50% expense ratio, compared with 0.63% for CAOS.
GENZ has the higher dividend yield at 3.66%, compared with 0.00% for CAOS.
GENZ is categorized as Technology Equities, while CAOS is Options Trading. They also come from different issuers: VanEck and Alpha Architect. Their fees differ too: 0.50% for GENZ and 0.63% for CAOS.
CAOS currently has the higher Sharpe Ratio (1.19 vs -0.69), 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.
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