CAOSAlpha Architect Tail Risk ETF

Grow my money Get income Diversifier12y track recordRanked #36 of 240 in this goal

Seeks to maximize total return through capital appreciation and current income.

By Alpha Architect · Launched 2013

Annual Cost

0.63%

#3,206 of 5,562 · average

Fund Size

$669M

#1,359 of 5,562 · large

Return (1Y)Goal

+1.5%

Track Record

12 years

#1,102 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,159+1.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Volatility strategy

What it actually holds

By weight

Concentration

Top 10 holdings = 123.6% of fundconcentrated

SPY 03/20/2026 10010.01 P

94.2%

SPX US 03/20/26 P12000

20.7%

SPY 03/20/2026 10.01 C

6.8%

SPXW US 01/09/26 P6900

1.0%

First American Government Obligations FundFGXXX

0.5%

SPX US 04/17/26 P2500

0.1%

SPX US 03/20/26 P2500

0.1%

SPX US 05/15/26 P2500

0.1%

SPX US 02/20/26 P2500

0.0%

QQQ 03/31/2026 10005.01 C

0.0%

Asset allocation

Stocks

199.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.5%Low

Year-on-year price swings

Max drawdown

-3.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.11Below average

Sortino (3Y)

0.15Moderate downside risk

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to maximize total return through capital appreciation and current income.
Strategy: Actively managed, invests primarily in options contracts linked to large-cap indices, including S&P 500. Aims to gain market exposure, hedge risks, and generate income through a mix of long and short options.
Inception date: August 14, 2013
Fund family: Alpha Architect