KRUZ vs. AFOS

Last updated Jun 26, 2026

KRUZ (Unusual Whales Subversive Republican Trading ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. KRUZ charges 0.83%/yr vs 0.45%/yr for AFOS.

Performance

KRUZ vs. AFOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unusual Whales Subversive Republican Trading ETF (KRUZ) and ARS Focused Opportunities Strategy ETF (AFOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KRUZ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AFOS

• 1D: 2.47%
• 1M: 3.16%
• YTD: 33.60%
• 6M: 31.56%
• 1Y: 83.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KRUZ vs. AFOS - Yearly Performance Comparison

	2026 (YTD)	2025
KRUZ Unusual Whales Subversive Republican Trading ETF	0.00%	0.00%
AFOS ARS Focused Opportunities Strategy ETF	33.60%	37.10%

Return for Risk

KRUZ vs. AFOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unusual Whales Subversive Republican Trading ETF (KRUZ) and ARS Focused Opportunities Strategy ETF (AFOS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	KRUZ	AFOS	Difference
Max Drawdown Largest peak-to-trough decline	—	-11.52%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.52%	—
Current Drawdown Current decline from peak	—	-2.33%	—
Average Drawdown Average peak-to-trough decline	—	-1.43%	—

Volatility

Volatility by Period

	KRUZ	AFOS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	21.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.58%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.58%	—

KRUZ vs. AFOS - Expense Ratio Comparison

KRUZ has a 0.83% expense ratio, which is higher than AFOS's 0.45% expense ratio.

Dividends

KRUZ vs. AFOS - Dividend Comparison

KRUZ has not paid dividends to shareholders, while AFOS's dividend yield for the trailing twelve months is around 0.22%.

Position	TTM	2025	2024	2023
AFOS ARS Focused Opportunities Strategy ETF	0.22%	0.30%	0.00%	0.00%
KRUZ Unusual Whales Subversive Republican Trading ETF	0.00%	0.00%	0.57%	1.01%

Frequently Asked Questions

Which ETF is better, KRUZ or AFOS?

On fees, AFOS is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KRUZ or AFOS?

AFOS is cheaper with a 0.45% expense ratio, compared with 0.83% for KRUZ.

Which ETF pays a higher dividend yield, KRUZ or AFOS?

AFOS has the higher dividend yield at 0.22%, compared with 0.00% for KRUZ.

What is the main difference between KRUZ and AFOS?

They also come from different issuers: Subversive and ARS Investment Partners. Their fees differ too: 0.83% for KRUZ and 0.45% for AFOS.