CAOS vs DISO
Alpha Architect Tail Risk ETF vs YieldMax DIS Option Income Strategy ETF
Which is better, CAOS or DISO?
Each has led over a different period.
CAOS has a lower expense ratio. CAOS led over 1Y, DISO over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CAOS | DISO |
|---|---|---|
| Expense Ratio | 0.63%Best | 1.32% |
| AUM | $705M | $4M |
| Dividend Yield | 0.00% | 43.83% |
| Holdings | 12 | 30 |
| Volatility (annualized) | 1.7%Best | 22.2% |
| Max Drawdown | -3.6%Best | -26.6% |
| $10,000 over 2.8 years | $11,110 | $11,381Best |
| Fund Family | Alpha Architect | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2013 | Aug 24, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 121 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CAOS has data through Oct 14, 2026 and DISO through Jun 15, 2026.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Aug 25, 2023 to Jun 15, 2026 (2.8 years).
Risk: Volatility and Drawdowns
DISO has been the more volatile fund, with annualized monthly volatility of 22.2% compared with 1.7% for CAOS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.6% for CAOS and -26.6% for DISO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.10. They move largely independently of each other.
Fees and Cost Over Time
CAOS charges 0.63% per year while DISO charges 1.32%. On a $10,000 position that is $63 vs $132 annually, a gap of $69 per year that compounds over a long holding period. On income, CAOS currently yields 0.00% against 43.83% for DISO.
Holdings Overlap
We hold position weights for 1 holding in CAOS and 6 in DISO, totalling 0.1% and 92.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
The two holdings books were reported 228 days apart, CAOS as of Sep 16, 2026 and DISO as of Jan 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 1 positions we hold weights for in CAOS and 6 in DISO, against full books of 12 and 30.
Top Shared Holdings
| Stock | Weight in CAOS | Weight in DISO | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 0.10% | 3.05% | 2.95% |
You are not choosing between two funds in isolation.
Whichever of CAOS and DISO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CAOS or DISO?
CAOS has an expense ratio of 0.63% while DISO charges 1.32%. CAOS is the cheaper option, by $69 a year on a $10,000 investment.
Which is riskier, CAOS or DISO?
DISO has been the more volatile fund at 22.2% annualized versus 1.7% for CAOS. Worst drawdown: CAOS -3.6% vs DISO -26.6%.
Should I hold both CAOS and DISO?
CAOS and DISO have a monthly-return correlation of 0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CAOS or DISO?
CAOS yields 0.00% while DISO yields 43.83%, so DISO currently pays the higher dividend yield.
Is DISO better than CAOS?
CAOS has a lower expense ratio. CAOS led over 1Y, DISO over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.