CAOS vs JPMO
Alpha Architect Tail Risk ETF vs YieldMax JPM Option Income Strategy ETF
Which is better, CAOS or JPMO?
JPMO has been ahead.
CAOS has a lower expense ratio. JPMO led over 1Y.
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 | JPMO |
|---|---|---|
| Expense Ratio | 0.63%Best | 1.19% |
| AUM | $705M | $57M |
| Dividend Yield | 0.00% | 33.55% |
| Holdings | 12 | 17 |
| YTD Price Return | +1.68% | - |
| 1Y Price Return | +1.45% | - |
| 3Y Price Return (annualized) | +3.57% | - |
| Volatility (annualized) | 2.0% | - |
| Max Drawdown | -3.6% | - |
| Fund Family | Alpha Architect | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2013 | Sep 11, 2023 |
Not shown on this pair: 5Y Price Return (annualized), $10,000 over the window, Top 10 Weight.
Returns are price returns and exclude distributions, because our data feed carries no adjusted close for JPMO. We have no price series for JPMO, so there is nothing to compare it against. CAOS yields 0.00% and JPMO 33.55% on top.
CAOS vs JPMO Performance
Alpha Architect Tail Risk ETF (CAOS) is an ETF from Alpha Architect and YieldMax JPM Option Income Strategy ETF (JPMO) is an ETF from YieldMax ETF.
Past performance does not guarantee future results.
Fees and Cost Over Time
CAOS charges 0.63% per year while JPMO charges 1.19%. On a $10,000 position that is $63 vs $119 annually, a gap of $56 per year that compounds over a long holding period. On income, CAOS currently yields 0.00% against 33.55% for JPMO.
Holdings Overlap
We hold position weights for 1 holding in CAOS and 5 in JPMO, totalling 0.1% and 51.8% 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 383 days apart, CAOS as of Sep 16, 2026 and JPMO as of Aug 29, 2025, 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 5 in JPMO, against full books of 12 and 17.
Top Shared Holdings
| Stock | Weight in CAOS | Weight in JPMO | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 0.10% | 0.32% | 0.22% |
You are not choosing between two funds in isolation.
Whichever of CAOS and JPMO 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 JPMO?
CAOS has an expense ratio of 0.63% while JPMO charges 1.19%. CAOS is the cheaper option, by $56 a year on a $10,000 investment.
Which pays a higher dividend, CAOS or JPMO?
CAOS yields 0.00% while JPMO yields 33.55%, so JPMO currently pays the higher dividend yield.
Is JPMO better than CAOS?
CAOS has a lower expense ratio. JPMO led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.