Skip to content
Beacon
Screener

CAOS vs BHDG

Alpha Architect Tail Risk ETF vs Nicholas Bitcoin Tail ETF

CAOS

Alpha Architect Tail Risk ETF

Annual cost

0.63%

Fund size

$650M

BHDG

Nicholas Bitcoin Tail ETF

Annual cost

0.00%

Fund size

$13M

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

CAOSBHDG
Annual cost (TER)0.63%0.00%
Fund size (AUM)$650M$13M
Since20132026
Dividend yield0.00%
Asset classalternativealternative
Regionnorth america
Strategyoption incomeoption income
CAGR 1Y+2.1%N/A
CAGR 3Y+4.8%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.35N/A
Volatility 1Y1.52%
Max drawdown-3.60%-15.07%

Similar to CAOS and BHDG