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Launched

Cambria US EW ETF

USEWCboeCambria FundsD

$55.94+0.15 (+0.28%)

As of Nov 2, 2026, 3:03 PM ET

D25/ 100

Rank 9 of 9 in US Equal Weight

D25/100Rank 9 of 9inUS Equal Weight
Intraday session: up, 62 prints from 55.79 to 55.94. Range 55.79 to 55.94. Use the arrow keys to read each point.55.8355.8555.8855.9010 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$189M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
428
Avg volume · 30D
855 sh
52W range
low $47.70high $57.73
Launched

The ETF.net USEW Grade

Based on 5 of 6 pillars

D

Score 25 out of 100

Category
US Equal Weight⁠
Rank
9 of 9
Six-pillar profile for USEW. Scores out of 100: Cost 21, Risk 33, Mission not scored, Tradability 8, Holdings 52, Durability 36. Strongest: Holdings (52). Weakest: Tradability (8). Based on 5 of 6 pillars.

Score 25 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F21 out of 100
    Rank 8 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D33 out of 100
    Rank 9 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F8 out of 100
    Rank 9 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C52 out of 100
    Rank 7 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D36 out of 100
    Rank 7 of 9

Our read on USEW

ETF.net Research

In short

DCambria's swing at equal weight: roughly 400 US stocks, each given a comparable slot, with plain capital appreciation as the stated goal. A boutique newcomer in a corner of the market ruled by cheap index giants.

Stated mandate

The Fund seeks capital appreciation.

Why people hold it

  • Equal weighting means the smallest name in the book gets a slot comparable to the largest, so mega-cap concentration is diluted instead of inherited.
  • About 400 holdings, so no single story stock carries the fund.
  • The mandate is written down: at least 80% of net assets plus borrowings in US company securities, inside a standard 1940 Act fund wrapper.
  • Distributions run on a quarterly cadence, and the objective is refreshingly unfussy: capital appreciation.

Worth knowing

  • At 0.30% a year it sits above the 0.20% typical of equal-weight peers, and well above the 0.09% charged by GSEW and EUSA.
  • It trades lightly next to the category's heavyweights, so the spread you pay can matter more than the expense ratio.
  • Launched in December 2025, so there is no long record here yet, and no full market cycle to judge the approach against.

USEW Performance

Launched Dec 18, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
USEW$11,074
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. USEW $11,074. SPY $11,169. Use the arrow keys to read each point.$10,000$11,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for USEW. Periods over one year show the average yearly return.
PeriodUSEW
Year to date+10.7%
1 month+0.8%
3 months+0.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for USEW
YearReturn barUSEW
2026 YTD+10.7%
2025+0.1%

History from Dec 19, 2025

USEW in the news

USEW Dividends

Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.06; Mar 30, 2026 $0.21; Jun 29, 2026 $0.04; Sep 28, 2026 $0.14. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.14
Jun 29, 2026Jun 30, 2026$0.04
Mar 30, 2026Mar 31, 2026$0.21
Dec 30, 2025Dec 31, 2025$0.06

USEW Risk

Risk pillarD33 out of 100Rank 9 of 9 in US Equal Weight
How much the fund’s monthly returns vary, scaled to a year.
Launched Dec 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Dec 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Dec 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.83
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

USEW Cost

Compare USEW and GSEW

Overpaying vs GSEW, tied cheapest in US Equal Weight

$4,251

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • USEW 0.30%

    $6,149

  • GSEW 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • USEW 0.30%
  • GSEW 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530USEW $6,149GSEW $1,898

Year by year

YearUSEWGSEWOverpaying
10$545$165$380
20$2,113$646$1,467
30$6,149$1,898$4,251

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