ETF Explainer: SYLD

Each month, we look at an ETF selected by ETF.com based on its performance and importance to investors. This month, we consider the performance of the $330 million Cambria Shareholder Yield ETF (SYLD), an actively managed fund that selects securities offering high shareholder yield, as represented by cash flow measures. All the companies mentioned below are holdings in SYLD, unless otherwise noted (*).

MAY 8 Rent-A-Center sees its share price increase sharply after better-than-expected quarterly results and two analyst firms raise their estimates for the company.

AUG 25 Anticipation drives up the prices of Toll Brothers stock in the days before it reports that third-quarter signed luxury home contracts had hit a 15-year high.

SEP 18 Apple stock falls during a bad week capped by Barclays cutting its ratings on the company and other key technology stocks to “market weight.”

NOV 9 Clothing retailer The Buckle gets a major share price boost in the days after announcing its comparable net store sales jumped 12.7% for the prior month.

JAN 14 Whirlpool sees its share price rise after President Trump extends “safeguard tariffs” on large residential washing machines for another two years.

MAR 8 ConocoPhillips’ share price rises significantly as the price of oil spikes sharply on news of a missile attack on a Saudi production site and news that OPEC will hold production steady in April.

Source: Bloomberg; data for 4/30/2020-4/30/2021.