Cambria Foreign Shareholder Yield ETF (FYLD): Price and Financial Metrics ETF

Cambria Foreign Shareholder Yield ETF (FYLD) ETF Bio

The investment objective of the Cambria Foreign Shareholder Yield ETF seeks investment results that closely correspond to the price and yield performance of the Cambria Foreign Shareholder Yield Index. The Index consists of stocks with high cash distribution characteristics. The initial screening universe for this Index includes stocks in foreign developed countries with marketing capitalizations over $200 million. The Index is comprised of the 100 companies with the best combined rank of dividend payments and net stock buybacks, which are the key components of shareholder yield. The Index also screens for value and quality factors, including low financial leverage.