TYLD vs. SHUS

Last updated Jul 17, 2026

TYLD (Cambria Tactical Yield ETF) and SHUS (Syntax Stratified U.S. Total Market Hedged ETF) are both exchange-traded funds - TYLD is a fund fund actively managed by Cambria, while SHUS is a Hedge Fund fund actively managed by Syntax Advisors. Both are actively managed. Over the past year, TYLD returned 3.70% vs 17.27% for SHUS. At a correlation of -0.09, they often move in opposite directions. TYLD charges 0.59%/yr vs 0.65%/yr for SHUS.

Performance

TYLD vs. SHUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Tactical Yield ETF (TYLD) and Syntax Stratified U.S. Total Market Hedged ETF (SHUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TYLD achieves a 1.76% return, which is significantly lower than SHUS's 10.89% return.

TYLD

• 1D: 0.00%
• 1M: 0.14%
• 6M: 1.62%
• YTD: 1.76%
• 1Y: 3.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SHUS

• 1D: 1.01%
• 1M: 0.89%
• 6M: 6.98%
• YTD: 10.89%
• 1Y: 17.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TYLD vs. SHUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TYLD Cambria Tactical Yield ETF	1.76%	4.05%	1.21%
SHUS Syntax Stratified U.S. Total Market Hedged ETF	10.89%	10.89%	-2.65%

Correlation

The correlation between TYLD and SHUS is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (All Time) Calculated using the full available price history since Sep 30, 2024	-0.09

Return for Risk

TYLD vs. SHUS — Risk / Return Rank

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

TYLD

TYLD Risk / Return Rank: 99
TYLD Sharpe Ratio Rank: 98
TYLD Sortino Ratio Rank: 99
TYLD Omega Ratio Rank: 98
TYLD Calmar Ratio Rank: 99
TYLD Martin Ratio Rank: 99

SHUS

SHUS Risk / Return Rank: 65
SHUS Sharpe Ratio Rank: 66
SHUS Sortino Ratio Rank: 70
SHUS Omega Ratio Rank: 63
SHUS Calmar Ratio Rank: 62
SHUS Martin Ratio Rank: 63

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.

TYLD vs. SHUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Tactical Yield ETF (TYLD) and Syntax Stratified U.S. Total Market Hedged ETF (SHUS). 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.

	TYLD	SHUS	Difference
Sharpe ratio: Return per unit of total volatility	4.97	1.72	+3.24
Sortino ratio: Return per unit of downside risk	9.24	2.53	+6.71
Omega ratio: Gain probability vs. loss probability	2.42	1.31	+1.11
Calmar ratio: Return relative to maximum drawdown	20.86	2.50	+18.36
Martin ratio: Return relative to average drawdown	108.63	8.88	+99.75

TYLD vs. SHUS - Sharpe Ratio Comparison

The current TYLD Sharpe Ratio is 4.97, which is higher than the SHUS Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of TYLD and SHUS, 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

TYLD vs. SHUS - Drawdown Comparison

The maximum TYLD drawdown since its inception was -1.06%, smaller than the maximum SHUS drawdown of -14.09%. Use the drawdown chart below to compare losses from any high point for TYLD and SHUS.

Drawdown Indicators

	TYLD	SHUS	Difference
Max Drawdown Largest peak-to-trough decline	-1.06%	-14.09%	+13.03%
Max Drawdown (1Y) Largest decline over 1 year	-0.18%	-6.95%	+6.77%
Current Drawdown Current decline from peak	-0.08%	-0.32%	+0.24%
Average Drawdown Average peak-to-trough decline	-0.10%	-2.52%	+2.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	1.95%	-1.92%

Volatility

TYLD vs. SHUS - Volatility Comparison

The current volatility for Cambria Tactical Yield ETF (TYLD) is 0.29%, while Syntax Stratified U.S. Total Market Hedged ETF (SHUS) has a volatility of 2.76%. This indicates that TYLD experiences smaller price fluctuations and is considered to be less risky than SHUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYLD	SHUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.29%	2.76%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	0.56%	7.33%	-6.77%
Volatility (1Y) Calculated over the trailing 1-year period	0.75%	10.07%	-9.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.74%	12.47%	-10.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.74%	12.47%	-10.73%

TYLD vs. SHUS - Expense Ratio Comparison

TYLD has a 0.59% expense ratio, which is lower than SHUS's 0.65% expense ratio.

Dividends

TYLD vs. SHUS - Dividend Comparison

TYLD's dividend yield for the trailing twelve months is around 3.73%, more than SHUS's 1.24% yield.

Position	TTM	2025	2024
SHUS Syntax Stratified U.S. Total Market Hedged ETF	1.24%	1.37%	0.26%
TYLD Cambria Tactical Yield ETF	3.73%	4.38%	4.24%

Frequently Asked Questions

Can I hold both TYLD and SHUS in my portfolio?

TYLD and SHUS have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYLD or SHUS?

SHUS has higher volatility (2.76%) compared to TYLD (0.29%). In terms of maximum drawdown, TYLD dropped -1.06% vs SHUS's -14.09%.

Which ETF is better, TYLD or SHUS?

On 1-year performance, SHUS leads with 17.27% vs 3.70% for TYLD. On fees, TYLD is cheaper at 0.59% per year. On volatility, TYLD has been the lower-risk option at 0.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TYLD or SHUS?

Over the 1-year period, SHUS has performed better with a 17.27% return vs 3.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TYLD or SHUS?

TYLD is cheaper with a 0.59% expense ratio, compared with 0.65% for SHUS.

Which ETF pays a higher dividend yield, TYLD or SHUS?

TYLD has the higher dividend yield at 3.73%, compared with 1.24% for SHUS.

What is the main difference between TYLD and SHUS?

They also come from different issuers: Cambria and Syntax Advisors. Their fees differ too: 0.59% for TYLD and 0.65% for SHUS.

Which has better risk-adjusted returns?

TYLD currently has the higher Sharpe Ratio (4.97 vs 1.72), 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.