SYLD vs. ENDW

Last updated Jun 3, 2026

SYLD (Cambria Shareholder Yield ETF) and ENDW (Cambria Endowment Style ETF) are both exchange-traded funds - SYLD is a Mid Cap Value Equities fund actively managed by Cambria, while ENDW is a Global Allocation fund actively managed by Cambria. Both are actively managed. Over the past year, SYLD returned 27.88% vs 29.30% for ENDW. A 0.67 correlation means they provide meaningful diversification when combined. SYLD charges 0.59%/yr vs 0.29%/yr for ENDW.

Performance

SYLD vs. ENDW - Performance Comparison

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

Returns By Period

In the year-to-date period, SYLD achieves a 14.24% return, which is significantly higher than ENDW's 11.46% return.

SYLD

• 1D: 0.68%
• 1M: -0.11%
• YTD: 14.24%
• 6M: 14.43%
• 1Y: 27.88%
• 3Y*: 13.67%
• 5Y*: 5.90%
• 10Y*: 13.04%

ENDW

• 1D: 0.53%
• 1M: 1.97%
• YTD: 11.46%
• 6M: 12.53%
• 1Y: 29.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SYLD vs. ENDW - Yearly Performance Comparison

	2026 (YTD)	2025
SYLD Cambria Shareholder Yield ETF	14.24%	22.15%
ENDW Cambria Endowment Style ETF	11.46%	30.77%

Correlation

The correlation between SYLD and ENDW is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (All Time) Calculated using the full available price history since Apr 11, 2025	0.67

The correlation between SYLD and ENDW has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.

SYLD vs. ENDW - Sectors Allocation Comparison

Sectors	SYLD	ENDW
Consumer Cyclical	22.9%	9.6%
Financial Services	22.7%	17.5%
Energy	17.7%	13.2%
Industrials	8.1%	13.9%
Basic Materials	7.9%	6.2%
Consumer Defensive	6.8%	4.0%
Communication Services	6.0%	4.6%
Healthcare	5.6%	4.6%
Technology	2.3%	13.9%
Real Estate	-	9.1%
Utilities	-	3.5%

Return for Risk

SYLD vs. ENDW — Risk / Return Rank

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

SYLD

SYLD Risk / Return Rank: 59
SYLD Sharpe Ratio Rank: 51
SYLD Sortino Ratio Rank: 57
SYLD Omega Ratio Rank: 50
SYLD Calmar Ratio Rank: 77
SYLD Martin Ratio Rank: 60

ENDW

ENDW Risk / Return Rank: 86
ENDW Sharpe Ratio Rank: 87
ENDW Sortino Ratio Rank: 86
ENDW Omega Ratio Rank: 85
ENDW Calmar Ratio Rank: 84
ENDW Martin Ratio Rank: 87

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.

SYLD vs. ENDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Shareholder Yield ETF (SYLD) and Cambria Endowment Style ETF (ENDW). 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.

	SYLD	ENDW	Difference
Sharpe ratio Return per unit of total volatility	1.80	2.91	-1.11
Sortino ratio Return per unit of downside risk	2.74	3.94	-1.20
Omega ratio Gain probability vs. loss probability	1.32	1.53	-0.21
Calmar ratio Return relative to maximum drawdown	4.00	4.62	-0.62
Martin ratio Return relative to average drawdown	10.87	18.88	-8.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SYLD vs. ENDW - Sharpe Ratio Comparison

The current SYLD Sharpe Ratio is 1.80, which is lower than the ENDW Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of SYLD and ENDW, 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

	SYLD	ENDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	2.91	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	3.59	-3.01

Drawdowns

SYLD vs. ENDW - Drawdown Comparison

The maximum SYLD drawdown since its inception was -45.36%, which is greater than ENDW's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for SYLD and ENDW.

Drawdown Indicators

	SYLD	ENDW	Difference
Max Drawdown Largest peak-to-trough decline	-45.36%	-6.44%	-38.92%
Max Drawdown (1Y) Largest decline over 1 year	-6.93%	-6.44%	-0.49%
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	-0.78%	0.00%	-0.78%
Average Drawdown Average peak-to-trough decline	-5.66%	-0.81%	-4.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	1.57%	+0.98%

Volatility

SYLD vs. ENDW - Volatility Comparison

Cambria Shareholder Yield ETF (SYLD) has a higher volatility of 3.24% compared to Cambria Endowment Style ETF (ENDW) at 2.75%. This indicates that SYLD's price experiences larger fluctuations and is considered to be riskier than ENDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYLD	ENDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	2.75%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	7.62%	+2.30%
Volatility (1Y) Calculated over the trailing 1-year period	15.54%	10.10%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.62%	10.99%	+9.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.96%	10.99%	+11.97%

SYLD vs. ENDW - Expense Ratio Comparison

SYLD has a 0.59% expense ratio, which is higher than ENDW's 0.29% expense ratio.

Dividends

SYLD vs. ENDW - Dividend Comparison

SYLD's dividend yield for the trailing twelve months is around 1.86%, less than ENDW's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENDW Cambria Endowment Style ETF	2.17%	1.91%	0.00%	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 SYLD and ENDW in my portfolio?

SYLD and ENDW have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SYLD or ENDW?

SYLD has higher volatility (3.24%) compared to ENDW (2.75%). In terms of maximum drawdown, SYLD dropped -45.36% vs ENDW's -6.44%.

Which ETF is better, SYLD or ENDW?

On 1-year performance, ENDW leads with 29.30% vs 27.88% for SYLD. On fees, ENDW is cheaper at 0.29% per year. On volatility, ENDW has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SYLD or ENDW?

Over the 1-year period, ENDW has performed better with a 29.30% return vs 27.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SYLD or ENDW?

ENDW is cheaper with a 0.29% expense ratio, compared with 0.59% for SYLD.

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

ENDW has the higher dividend yield at 2.17%, compared with 1.86% for SYLD.

What is the main difference between SYLD and ENDW?

SYLD is categorized as Mid Cap Value Equities, while ENDW is Global Allocation. Their fees differ too: 0.59% for SYLD and 0.29% for ENDW.

Which has better risk-adjusted returns?

ENDW currently has the higher Sharpe Ratio (2.91 vs 1.80), 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.