LYLD vs. SYLD

Last updated Jun 4, 2026

LYLD (Cambria Large Cap Shareholder Yield ETF) and SYLD (Cambria Shareholder Yield ETF) are both exchange-traded funds - LYLD is a Large Cap Value Equities fund actively managed by Cambria, while SYLD is a Mid Cap Value Equities fund actively managed by Cambria. Both are actively managed. Over the past year, LYLD returned 20.39% vs 25.51% for SYLD. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.59% expense ratio.

Performance

LYLD vs. SYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Large Cap Shareholder Yield ETF (LYLD) and Cambria Shareholder Yield ETF (SYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYLD achieves a 8.49% return, which is significantly lower than SYLD's 13.63% return.

LYLD

• 1D: -0.51%
• 1M: 0.90%
• YTD: 8.49%
• 6M: 9.53%
• 1Y: 20.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SYLD

• 1D: -0.53%
• 1M: 0.34%
• YTD: 13.63%
• 6M: 12.35%
• 1Y: 25.51%
• 3Y*: 13.47%
• 5Y*: 5.75%
• 10Y*: 12.98%

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

LYLD vs. SYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LYLD Cambria Large Cap Shareholder Yield ETF	8.49%	12.90%	1.19%
SYLD Cambria Shareholder Yield ETF	13.63%	3.94%	-1.11%

Correlation

The correlation between LYLD and SYLD is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jul 15, 2024	0.92

The correlation between LYLD and SYLD has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

LYLD vs. SYLD — Risk / Return Rank

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

LYLD

LYLD Risk / Return Rank: 54
LYLD Sharpe Ratio Rank: 53
LYLD Sortino Ratio Rank: 56
LYLD Omega Ratio Rank: 51
LYLD Calmar Ratio Rank: 54
LYLD Martin Ratio Rank: 53

SYLD

SYLD Risk / Return Rank: 55
SYLD Sharpe Ratio Rank: 47
SYLD Sortino Ratio Rank: 51
SYLD Omega Ratio Rank: 45
SYLD Calmar Ratio Rank: 73
SYLD Martin Ratio Rank: 57

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.

LYLD vs. SYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Large Cap Shareholder Yield ETF (LYLD) and Cambria Shareholder Yield ETF (SYLD). 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.

	LYLD	SYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.65	+0.14
Sortino ratio: Return per unit of downside risk	2.64	2.54	+0.10
Omega ratio: Gain probability vs. loss probability	1.31	1.29	+0.02
Calmar ratio: Return relative to maximum drawdown	2.66	3.70	-1.04
Martin ratio: Return relative to average drawdown	8.90	10.02	-1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYLD vs. SYLD - Sharpe Ratio Comparison

The current LYLD Sharpe Ratio is 1.79, which is comparable to the SYLD Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of LYLD and SYLD, 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

	LYLD	SYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.65	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.57	+0.20

Drawdowns

LYLD vs. SYLD - Drawdown Comparison

The maximum LYLD drawdown since its inception was -18.64%, smaller than the maximum SYLD drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for LYLD and SYLD.

Drawdown Indicators

	LYLD	SYLD	Difference
Max Drawdown Largest peak-to-trough decline	-18.64%	-45.36%	+26.72%
Max Drawdown (1Y) Largest decline over 1 year	-7.70%	-6.93%	-0.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.62%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.36%	—
Current Drawdown Current decline from peak	-1.68%	-1.31%	-0.37%
Average Drawdown Average peak-to-trough decline	-3.67%	-5.66%	+1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.55%	-0.25%

Volatility

LYLD vs. SYLD - Volatility Comparison

The current volatility for Cambria Large Cap Shareholder Yield ETF (LYLD) is 2.19%, while Cambria Shareholder Yield ETF (SYLD) has a volatility of 3.13%. This indicates that LYLD experiences smaller price fluctuations and is considered to be less risky than SYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYLD	SYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.19%	3.13%	-0.94%
Volatility (6M) Calculated over the trailing 6-month period	7.72%	9.94%	-2.22%
Volatility (1Y) Calculated over the trailing 1-year period	11.45%	15.55%	-4.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.62%	20.62%	-5.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.62%	22.96%	-7.34%

LYLD vs. SYLD - Expense Ratio Comparison

Both LYLD and SYLD have an expense ratio of 0.59%.

Dividends

LYLD vs. SYLD - Dividend Comparison

LYLD's dividend yield for the trailing twelve months is around 2.64%, more than SYLD's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LYLD Cambria Large Cap Shareholder Yield ETF	2.64%	2.79%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SYLD Cambria Shareholder Yield ETF	1.86%	2.25%	2.04%	1.92%	2.20%	2.37%	1.99%	2.08%	2.52%	1.57%	1.92%	6.93%

Frequently Asked Questions

Can I hold both LYLD and SYLD in my portfolio?

With a correlation of 0.90, LYLD and SYLD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LYLD or SYLD?

SYLD has higher volatility (3.13%) compared to LYLD (2.19%). In terms of maximum drawdown, LYLD dropped -18.64% vs SYLD's -45.36%.

Which ETF is better, LYLD or SYLD?

On 1-year performance, SYLD leads with 25.51% vs 20.39% for LYLD. Both ETFs have the same 0.59% expense ratio. On volatility, LYLD has been the lower-risk option at 2.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LYLD or SYLD?

Over the 1-year period, SYLD has performed better with a 25.51% return vs 20.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LYLD or SYLD?

LYLD and SYLD have the same expense ratio: 0.59% per year.

Which ETF pays a higher dividend yield, LYLD or SYLD?

LYLD has the higher dividend yield at 2.64%, compared with 1.86% for SYLD.

What is the main difference between LYLD and SYLD?

LYLD is categorized as Large Cap Value Equities, while SYLD is Mid Cap Value Equities.

Which has better risk-adjusted returns?

LYLD currently has the higher Sharpe Ratio (1.79 vs 1.65), 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.