UBEW vs. CAOS
UBEW (Roundhill UBER WeeklyPay ETF) and CAOS (Alpha Architect Tail Risk ETF) are both exchange-traded funds - UBEW is a fund fund actively managed by Roundhill, while CAOS is a Options Trading fund actively managed by Alpha Architect. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. UBEW charges 0.99%/yr vs 0.63%/yr for CAOS.
Performance
UBEW vs. CAOS - Performance Comparison
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Returns By Period
In the year-to-date period, UBEW achieves a -12.59% return, which is significantly lower than CAOS's 0.73% return.
UBEW
- 1D
- -0.44%
- 1M
- 9.37%
- 6M
- -16.34%
- YTD
- -12.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CAOS
- 1D
- 0.03%
- 1M
- -0.01%
- 6M
- 0.27%
- YTD
- 0.73%
- 1Y
- 1.84%
- 3Y*
- 3.59%
- 5Y*
- —
- 10Y*
- —
UBEW vs. CAOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UBEW Roundhill UBER WeeklyPay ETF | -12.59% | -16.62% |
CAOS Alpha Architect Tail Risk ETF | 0.73% | -0.36% |
Correlation
The correlation between UBEW and CAOS is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | -0.11 |
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Return for Risk
UBEW vs. CAOS — Risk / Return Rank
UBEW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CAOS
UBEW vs. CAOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill UBER WeeklyPay ETF (UBEW) and Alpha Architect Tail Risk ETF (CAOS). 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.
| UBEW | CAOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.43 | — |
| Martin ratioReturn relative to average drawdown | — | 5.52 | — |
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Drawdowns
UBEW vs. CAOS - Drawdown Comparison
The maximum UBEW drawdown since its inception was -38.17%, which is greater than CAOS's maximum drawdown of -3.89%. Use the drawdown chart below to compare losses from any high point for UBEW and CAOS.
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Drawdown Indicators
| UBEW | CAOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.17% | -3.89% | -34.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.76% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.60% | — |
Current DrawdownCurrent decline from peak | -32.37% | -1.16% | -31.21% |
Average DrawdownAverage peak-to-trough decline | -26.19% | -0.92% | -25.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.33% | — |
Volatility
UBEW vs. CAOS - Volatility Comparison
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Volatility by Period
| UBEW | CAOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.49% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.12% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.36% | 1.56% | +41.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.36% | 4.21% | +39.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.36% | 4.21% | +39.15% |
UBEW vs. CAOS - Expense Ratio Comparison
UBEW has a 0.99% expense ratio, which is higher than CAOS's 0.63% expense ratio.
Dividends
UBEW vs. CAOS - Dividend Comparison
UBEW's dividend yield for the trailing twelve months is around 36.89%, while CAOS has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
CAOS Alpha Architect Tail Risk ETF | 0.00% | 0.00% |
UBEW Roundhill UBER WeeklyPay ETF | 36.89% | 8.98% |
Frequently Asked Questions
UBEW and CAOS have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CAOS is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CAOS is cheaper with a 0.63% expense ratio, compared with 0.99% for UBEW.
UBEW has the higher dividend yield at 36.89%, compared with 0.00% for CAOS.
They also come from different issuers: Roundhill and Alpha Architect. Their fees differ too: 0.99% for UBEW and 0.63% for CAOS.
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