DYTA vs ENDW

DYTACSGI Dynamic Tactical ETF

ENDWACambria Endowment Style ETF

In short

DYTA Tactical allocation with a poker face: it rotates among US, foreign and emerging market funds, and posts its holdings quarterly instead of daily under Blue Tractor's Shielded Alpha wrapper.

ENDW The endowment playbook in one ticker: global stocks, bonds and real assets, actively steered by Cambria, with built-in leverage, for 0.22% a year. Endowment ambition without the endowment fee schedule.

Stated mandate

DYTA The Fund seeks long-term capital appreciation. It pursues that objective through active tactical allocation among affiliated and unaffiliated ETFs and open-end mutual funds, rotating exposures across asset classes and sectors as conditions change.

ENDW ENDW seeks income and capital appreciation. It is actively managed to provide exposure to multiple major asset classes through underlying ETFs or individual equities.

Why people hold it

• DYTA One ticket, many engines: the manager shifts among affiliated and outside ETFs and mutual funds across US, foreign and emerging market equity and sectors as conditions change.sec.gov
• Semi-transparent by design: holdings post quarterly, like a mutual fund, so other traders cannot shadow the manager's moves in real time.sgiam.comprnewswire.com
• Blue Tractor calls it the first fund-of-funds on its Shielded Alpha structure. It launched in 2023 inside The RBB Fund, a long-running multi-manager series trust.bluetractorgroup.comsec.gov

• ENDW 0.22% a year against a roughly 0.95% median for tactical allocation funds, and cheaper than the other standouts in the group such as ONOF (0.39%) and GMOD (0.50%).
• One ticker spans US, developed and emerging markets across equities, bonds and real assets, roughly 70 positions, with value and momentum screens applied on top.cambriafunds.com
• Capital efficient by design: the manager expects notional exposure of 100% to 150% of assets, using Treasury futures alongside the underlying ETF sleeves.usnews.combusinesswire.com
• Pays income quarterly, and on our review it sits among the strongest implementations in the tactical allocation group.

Worth knowing

• DYTA At 1.32% a year, cost sits above the category norm. Peers in the same tactical lane charge far less, such as ENDW at 0.22% and PBL at 0.45%.
• Quarterly disclosure cuts both ways: between reports you cannot see exactly which funds you own or how much risk is switched on.sgiam.com
• Smaller and thinly traded, so spreads can widen, and it currently sits toward the back of a crowded tactical allocation field.

• ENDW It owns other ETFs, which charge their own fees on top of the 0.22% management fee, so the all-in cost of ownership runs higher than the headline.cambriafunds.com
• Leverage works both ways. Notional exposure above 100% of assets magnifies moves in either direction, and Cambria itself calls the risk profile aggressive.businesswire.com
• Launched in 2025 and still modest in size, so the record is short and shares change hands less often than mainstream index funds.

Full DYTA profile⁠

Full ENDW profile⁠