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BHDG vs CAOS

Nicholas Bitcoin Tail ETF vs Alpha Architect Tail Risk ETF

BHDG

Nicholas Bitcoin Tail ETF

Annual cost

0.00%

Fund size

$13M

CAOS

Alpha Architect Tail Risk ETF

Annual cost

0.63%

Fund size

$650M

Key differences

  • BHDG costs 0.63% less per year.
  • CAOS is significantly larger than BHDG — larger funds tend to be more liquid and less likely to close.
  • CAOS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BHDGCAOS
Annual cost (TER)0.00%0.63%
Fund size (AUM)$13M$650M
Since20262013
Dividend yield0.00%
Asset classalternativealternative
Regionnorth america
Strategyoption incomeoption income
CAGR 1YN/A+2.1%
CAGR 3YN/A+4.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.35
Volatility 1Y1.52%
Max drawdown-15.07%-3.60%

Similar to BHDG and CAOS