Alpha Architect Tail Risk ETF (CAOS)

BATS: CAOS · Real-Time Price · USD
90.00
+0.06 (0.07%)
Oct 15, 2025, 4:00 PM EDT - Market closed
0.07%
Assets$537.39M
Expense Ratio0.63%
PE Ration/a
Shares Out5.98M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
Payout Frequencyn/a
Payout Ration/a
Volume25,700
Open89.87
Previous Close89.94
Day's Range89.87 - 90.01
52-Week Low86.78
52-Week High92.11
Beta0.09
Holdings19
Inception DateMar 6, 2023

About CAOS

Fund Home Page

The Alpha Architect Tail Risk ETF (CAOS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund combines an options overlay strategy and protective options on the S&P 500 index with managing the funds fixed income collateral. The fund seeks income and capital appreciation. CAOS was launched on Mar 6, 2023 and is issued by Alpha Architect.

Asset Class Asset Allocation
Category Equity Hedged
Region North America
Stock Exchange BATS
Ticker Symbol CAOS
ETF Provider Alpha Architect

Top 10 Holdings

120.43% of assets
NameSymbolWeight
SPY 12/19/2025 10010.01 P2SPY. 251219P1001001089.15%
SPX US 12/19/25 P12000SPX. 251219P1200000024.05%
2SPY US 12/19/25 C10.01 FLX2SPY. 251219C000100106.29%
SPX US 02/20/26 P2500SPX. 260220P025000000.35%
SPXW US 10/17/25 P6600SPXW. 251017P066000000.22%
SPX US 01/16/26 P2500SPX. 260116P025000000.17%
First American Government Obligations FundFGXXX0.13%
SPX US 12/19/25 P2500SPX. 251219P025000000.06%
SPX US 11/21/25 P2500SPX. 251121P025000000.01%
QQQ 12/30/2025 10005.01 C2QQQ. 251230C100050100.00%
View More Holdings

Performance

CAOS had a total return of 3.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.97%.

News

CAOS: An Imperfect Hedging Tool

Alpha Architect Tail Risk ETF employs a novel, three-part strategy combining protective puts (insurance) with Box Spreads and Put Spreads (cash generators) to offset the typical "negative carry" cost ...

19 days ago - Seeking Alpha

CAOS: Hedging Against A Crash

Alpha Architect Tail Risk ETF implements three options strategies to provide exposure to stocks and interest rates while expecting to benefit from a market crash. The fund's performance since March 20...

3 months ago - Seeking Alpha

Alpha Architect Tail Risk ETF: Protect Your Portfolio From A Still-Possible Hard Economic Landing

The Alpha Architect Tail Risk ETF is recommended solely for risk management and mitigation, crucial for any portfolio today. Traditional performance metrics are inadequate; CAOS is designed to limit d...

8 months ago - Seeking Alpha