MFUT vs. SYLD

Last updated Aug 1, 2026

MFUT (Cambria Chesapeake Pure Trend ETF) and SYLD (Cambria Shareholder Yield ETF) are both exchange-traded funds - MFUT is a Systematic Trend 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, MFUT returned 32.56% vs 33.00% for SYLD. Their 0.20 correlation means their historical movements had little consistent relationship. MFUT charges 1.18%/yr vs 0.59%/yr for SYLD.

Performance

MFUT vs. SYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Chesapeake Pure Trend ETF (MFUT) 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, MFUT achieves a 17.76% return, which is significantly lower than SYLD's 21.09% return.

MFUT

• 1D: 0.31%
• 1M: 5.39%
• 6M: 9.31%
• YTD: 17.76%
• 1Y: 32.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -1.69%

SYLD

• 1D: -0.62%
• 1M: 3.76%
• 6M: 14.53%
• YTD: 21.09%
• 1Y: 33.00%
• 3Y*: 11.24%
• 5Y*: 8.69%
• 10Y*: 13.60%
• ALL TIME*: 12.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MFUT Cambria Chesapeake Pure Trend ETF	$88.88K	$72.41K	$209.22K
SYLD Cambria Shareholder Yield ETF	$2.75M	$2.44M	$3.15M

MFUT vs. SYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MFUT Cambria Chesapeake Pure Trend ETF	17.76%	-1.83%	-16.64%
SYLD Cambria Shareholder Yield ETF	21.09%	3.94%	-1.06%

Correlation

The correlation between MFUT and SYLD is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (All Time) Calculated using the full available price history since May 29, 2024	0.20

Return for Risk

MFUT vs. SYLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MFUT

MFUT Risk / Return Rank: 80
MFUT Sharpe Ratio Rank: 85
MFUT Sortino Ratio Rank: 77
MFUT Omega Ratio Rank: 86
MFUT Calmar Ratio Rank: 84
MFUT Martin Ratio Rank: 69

SYLD

SYLD Risk / Return Rank: 88
SYLD Sharpe Ratio Rank: 87
SYLD Sortino Ratio Rank: 90
SYLD Omega Ratio Rank: 84
SYLD Calmar Ratio Rank: 93
SYLD Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MFUT vs. SYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Chesapeake Pure Trend ETF (MFUT) 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.

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.

	MFUT	SYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.99	2.07	-0.07
Sortino ratio: Return per unit of downside risk	2.47	3.13	-0.65
Omega ratio: Gain probability vs. loss probability	1.38	1.36	+0.02
Calmar ratio: Return relative to maximum drawdown	3.16	4.46	-1.30
Martin ratio: Return relative to average drawdown	8.45	13.19	-4.74

MFUT vs. SYLD - Sharpe Ratio Comparison

The current MFUT Sharpe Ratio is 1.99, which is comparable to the SYLD Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of MFUT 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.

Drawdowns

MFUT vs. SYLD - Drawdown Comparison

The maximum MFUT drawdown since its inception was -29.28%, smaller than the maximum SYLD drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for MFUT and SYLD.

Drawdown Indicators

	MFUT	SYLD	Difference
Max Drawdown Largest peak-to-trough decline	-29.28%	-45.36%	+16.08%
Max Drawdown (1Y) Largest decline over 1 year	-9.89%	-6.93%	-2.96%
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	-4.31%	-1.86%	-2.45%
Average Drawdown Average peak-to-trough decline	-15.78%	-5.61%	-10.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	2.34%	+1.36%

Volatility

MFUT vs. SYLD - Volatility Comparison

Cambria Chesapeake Pure Trend ETF (MFUT) and Cambria Shareholder Yield ETF (SYLD) have volatilities of 4.07% and 3.97%, 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

	MFUT	SYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	3.97%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	13.11%	9.26%	+3.85%
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	15.01%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.68%	20.26%	-6.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.68%	22.92%	-9.24%

MFUT vs. SYLD - Expense Ratio Comparison

MFUT has a 1.18% expense ratio, which is higher than SYLD's 0.59% expense ratio.

Dividends

MFUT vs. SYLD - Dividend Comparison

MFUT has not paid dividends to shareholders, while SYLD's dividend yield for the trailing twelve months is around 1.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MFUT Cambria Chesapeake Pure Trend ETF	0.00%	0.00%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SYLD Cambria Shareholder Yield ETF	1.83%	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 MFUT and SYLD in my portfolio?

MFUT and SYLD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MFUT or SYLD?

MFUT has higher volatility (4.07%) compared to SYLD (3.97%). In terms of maximum drawdown, MFUT dropped -29.28% vs SYLD's -45.36%.

Which ETF is better, MFUT or SYLD?

On 1-year performance, SYLD leads with 33.00% vs 32.56% for MFUT. On fees, SYLD is cheaper at 0.59% per year. On volatility, SYLD has been the lower-risk option at 3.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MFUT or SYLD?

Over the 1-year period, SYLD has performed better with a 33.00% return vs 32.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MFUT or SYLD?

SYLD is cheaper with a 0.59% expense ratio, compared with 1.18% for MFUT.

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

SYLD has the higher dividend yield at 1.83%, compared with 0.00% for MFUT.

What is the main difference between MFUT and SYLD?

MFUT is categorized as Systematic Trend, while SYLD is Mid Cap Value Equities. Their fees differ too: 1.18% for MFUT and 0.59% for SYLD.

Which has better risk-adjusted returns?

SYLD currently has the higher Sharpe Ratio (2.07 vs 1.99), 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.