CAOS Alpha Architect Tail Risk ETF
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Over the year to Nov 4, 2026, CAOS returned 1.3%. When the S&P 500 fell, it rose 0.04% a week.
Promise check: DeliveredIn the 52 weeks to Nov 4, 2026, CAOS moved −3.3% as much as the S&P 500 in the 26 weeks it fell.
CAOS risk and return scorecard
vs VOO, its stated benchmark (secondary) · Mar 2023 to Oct 2026 · 189 weekly returns · dividend-adjusted
Secondary: VOO tracks the S&P 500 Index, named in its shareholder report. Its own benchmark is its holdings, which have no weekly prices.
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Oct 20, 2026What you earned
How concentrated, and what does it cost?
More on CAOS
Every number below is on this page. Open what you need.Price, 1 year
$91.25−0.2%1 day, priceClose, Nov 4, 2026
Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error
| Window | Total return | S&P 500 (SPY) |
|---|---|---|
| 1M Oct 5 – Nov 4, 2026 | +0.5% | −1.0% |
| 3M Aug 5 – Nov 4, 2026 | +1.0% | −0.1% |
| 6M May 6 – Nov 4, 2026 | +0.8% | +5.0% |
| YTD Dec 31, 2025 – Nov 4, 2026 | +1.6% | +13.3% |
| 1Y Nov 4, 2025 – Nov 4, 2026 | +1.3% | +14.8% |
| 3Y Nov 3, 2023 – Nov 4, 2026 | +10.5% | +82.9% |
| Since launch Mar 6, 2023 – Nov 4, 2026 | +18.5% | +98.8% |
| Since launch, annualised Mar 6, 2023 – Nov 4, 2026 | +4.7% | – |
Total returns, distributions reinvested.
Source: Tiingo end-of-day prices, with distributions reinvested.
CAOS in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, CAOS +0.04%.
How much it diversifies a stock portfolio, ranked against 22 equity hedged alternatives ETFs with a full year. 100 is best. How it is computed
CAOS’s weekly returns had a correlation of −0.15 with the S&P 500, and in the weeks the index fell its down-week capture was −3.3%. Over the same 52 weeks it finished 2.3 points behind T-bills.
Money in and out
Monthly data · as of Oct 20, 2026CAOS: from Oct 7, 2026 to Oct 20, 2026, net $3.6m came in.
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
Jul 1, 2023 to Jun 30, 2026
monthly, from SEC filings
monthly, from SEC filings
Computed by ETFIQ from the monthly sales and redemptions CAOS files with the SEC on Form N-PORT.
How this is computed
ETFIQ’s daily data for this fund stop on Oct 20, 2026, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for CAOS, back to Jan 2023, is in its flows file. Flows across every fund · How these flows are computed · Compare CAOS with other funds in the flows tool
Month by month, money in and money outAug 2023 to Oct 2026
CAOS, money in and money out each month from Aug 2023 to Oct 2026: two bars a month, money in above the line and money out below. Bars for Aug 2023 to Jun 2026 are from CAOS’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Jul 2026 to Sep 2026 have no data. Of the 36 months listed, money came in on net in 32 and went out in 3.
Bars for Aug 2023 to Jun 2026 are from CAOS’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Of the 36 months listed, money came in on net in 32 and went out in 3.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Oct 20, 2026. Updated when the fund files its next report.
CAOS key stats
Trading
as of Nov 3, 2026
CAOS for holders outside the US
How much does it diversify a stock portfolio?
88.6% of the 22 sit at or above CAOS on this measure.
79.5% of the 22 sit at or above CAOS on this measure.
Weighted evenly, those two positions are what the score combines, across the 22 equity hedged alternatives ETFs with a full year. Neither spread above is the score: a fund can sit further right on one and score lower.
One year of weekly moves against the S&P 500, within one strategy; it ignores what the fund returned. Where the fund sits in this set, not a rating. Do not average it with another category's score.
| What it measures | This fund | Its percentile | Weight |
|---|---|---|---|
| correlation with the S&P 500 | −0.15 | 88.6 | 50% |
| down-week capture against the S&P 500 | −3.3% | 79.5 | 50% |
About CAOS
12 seats on CAOS, as of Nov 4, 2026: 1 Supports, 2 Challenges, 7 Not enough data, 2 Does not apply.
Questions people ask about CAOS
- Does CAOS move with the S&P 500?
- Over the year to Nov 4, 2026, CAOS’s weekly returns had a correlation of −0.15 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was −0.01, so for each 1% the index moved it moved about 0.01% the other way.
- What did CAOS do when stocks fell?
- The S&P 500 fell in 26 of the 52 weeks to Nov 4, 2026, by 1.07% on average. In those weeks CAOS rose 0.04% on average, a down-week capture of −3.3%.
- Did CAOS earn more than cash?
- Over the same 52 weeks CAOS returned +1.3% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. CAOS finished 2.3 percentage points behind it.
- What does CAOS cost?
- The prospectus expense ratio is 0.63% a year.
- Why is CAOS listed as hedged equity?
- ETFIQ files each fund by what its own prospectus says it does, and CAOS’s, filed Jan 28, 2026, describes a hedged equity fund.
Links are sources, not endorsements.
Cite this pageCitation, APA and Markdown
ETFIQ, CAOS, alternatives ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/caos
ETFIQ. (Nov 4, 2026). CAOS, alternatives ETFs. Retrieved from https://etfiq.com/funds/caos
[CAOS, alternatives ETFs (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/caos)
The down-week bars for CAOS, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/alternatives/caos/" title="CAOS: CAOS in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, CAOS +0.04%." width="640" height="334" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">CAOS: CAOS in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, CAOS +0.04%. Data: <a href="https://etfiq.com/funds/caos">ETFIQ</a></figcaption>
</figure>The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
Snapshot, Nov 4, 2026. More on the tabs above.