ETF Evaluator:
Cambria Fixed Income Trend ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Long-Term Bond Over the Last Year
| 7.8% | Cambria Fixed Income Trend ETF (CFIT) |
| 3.1% | F/M 10-Yr Invmt Grd Corp Bd ETF (ZTEN) |
| 1.9% | Fieldstone UVA Uncons Md-Trm Fxd Inc ETF (FFIU) |
| 1.7% | Long-Term Bond () |
| 0.9% | iShares 10+ Year Invmt Grd Corp Bd ETF (IGLB) |
Risk
Index
Risk
Index
ETF Details
Cambria Fixed Income Trend ETF Overview
Cambria Fixed Income Trend ETF (CFIT) is an actively managed Taxable Bond Long-Term Bond exchange-traded fund (ETF). Cambria launched the ETF in 2025.
The investment seeks income and capital appreciation.
The fund is actively managed using a model-based approach and seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus borrowings for investment purposes, in fixed income securities, including individual bonds as well as exchange-traded funds (“ETFs”) that invest primarily in bonds.
About Cambria Fixed Income Trend ETF (CFIT)
There are 2 members of the management team with an average tenure of 1.35 years: Mebane Faber (2025) and Jonathan Keetz (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Cambria Fixed Income Trend ETF has 7 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Cambria Fixed Income Trend ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Cambria Fixed Income Trend ETF has 22.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.1% There is 0.0% allocated to foreign stock, and 18.3% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 42.9% (20.4% domestic bond, 22.5% foreign bond and 15.5% convertible bond). Cambria Fixed Income Trend ETF has 22.1% of the portfolio in cash.
Assets Under Management
The fund has $41 million in total assets, which is below the $1 billion average for the Long-Term Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CFIT Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Cambria Fixed Income Trend ETF expense ratio is average compared to funds in the Long-Term Bond category. Cambria Fixed Income Trend ETF has an expense ratio of 0.50%, which is 181% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Cambria Fixed Income Trend ETF has a portfolio turnover rate of 105%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 50% for the Long-Term Bond category.
Recently, in the month of July 2026, Cambria Fixed Income Trend ETF returned -1.6%, which earned it a grade of A, as the Long-Term Bond category had an average return of -3.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Cambria Fixed Income Trend ETF has a trailing yield of 3.92%, which is below the 5.17% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Cambria Fixed Income Trend ETF Grades
Year to date, the ETF has returned 3.7%, 5.6 percentage points better than the category, which translates into a grade of A. The fund has returned 7.8% over the past year (grade of A).
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CFIT Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CFIT Return (NAV) | -1.6% | 0.3% | 7.8% | na | na | na |
| CFIT Return (Price) | -1.5% | 0.3% | 7.9% | na | na | na |
| NAV +/- Price Return | -0.032% | -0.015% | -0.079% | na | na | na |
| Long-Term Bond Avg | -3.3% | -1.7% | 1.7% | 2.5% | -3.5% | 1.1% |
| CFIT Grade (NAV) | A | A | A | na | na | na |
| +/- Category (NAV) | 1.7% | 2.0% | 6.2% | na | na | na |
| CFIT Tax-Cost Ratio | na | na | 1.6% | na | na | na |
CFIT Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CFIT Return (NAV) | 3.7% | na | na | na | na | na | na | na | na | na | na |
| CFIT Return (Price) | 3.7% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.008% | na | na | na | na | na | na | na | na | na | na |
| Long-Term Bond Avg | -1.9% | 7.4% | -1.7% | 9.8% | -24.7% | -1.5% | 13.9% | 20.4% | -5.6% | 11.7% | 9.3% |
| CFIT Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 5.6% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 3.9% |
| Total Assets: | $ 42 Mil |
| Share Class Assets: | $ 42 Mil |
| Turnover: | 105.0% |
| Expense Ratio: | 0.50% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 1.4 years | |||
| Average Tenure: 1.4 years | |||
| Managers (Year): Faber Mebane (2025), Keetz Jonathan (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 7 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 22.5% |
Portfolio Allocation |
|
| Domestic Stock: | 1.1% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 18.3% |
| Domestic Bond: | 20.4% |
| Foreign Bond: | 22.5% |
| Convertible Bond: | 15.5% |
| Other: | 0.1% |
| Cash: | 22.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Cambria |
| Phone Number: | 855-383-4636 |
| Website: | www.cambriafunds.com |
| Inception Date: | March 27, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.50% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.18% |
