ETF Evaluator:
Cambria Global Momentum ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Tactical Allocation Over the Last Year
| 31.2% | Relative Sentiment Tactical Allc ETF (MOOD) |
| 27.5% | RH Tactical Rotation ETF (RHRX) |
| 25.2% | Cambria Global Momentum ETF (GMOM) |
| 24.3% | STF Tactical Growth ETF (TUG) |
| 23.1% | Alexis Practical Tactical ETF (LEXI) |
Risk
Index
Risk
Index
ETF Details
Cambria Global Momentum ETF Overview
Cambria Global Momentum ETF (GMOM) is an actively managed Allocation Tactical Allocation exchange-traded fund (ETF). Cambria launched the ETF in 2014.
The investment seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction.
The fund is considered a "fund of funds" that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors.
About Cambria Global Momentum ETF (GMOM)
There are 2 members of the management team with an average tenure of 6.83 years: Mebane Faber (2014) and Jonathan Keetz (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg Global Aggregate TR USD index with a weighting of 100% and MSCI ACWI NR USD index with a weighting of 100%. Cambria Global Momentum ETF has 15 securities in its portfolio. The top 10 holdings constitute 83.3% 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 Global Momentum ETF is part of the Allocation global asset class and is within the Allocation ETF group. Cambria Global Momentum ETF has 21.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 31.2% There is 47.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is -34.3% (-8.7% domestic bond, -25.6% foreign bond and 0.0% convertible bond). Cambria Global Momentum ETF has 44.8% of the portfolio in cash.
Assets Under Management
The fund has $70 million in total assets, which is below the $144 million average for the Tactical Allocation 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.
GMOM 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 Global Momentum ETF expense ratio is high compared to funds in the Tactical Allocation category. Cambria Global Momentum ETF has an expense ratio of 1.01%, which is 4% higher than its category average, making the fund expense ratio grade a D. 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 Global Momentum ETF has a portfolio turnover rate of 81%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 261% for the Tactical Allocation category.
Recently, in the month of July 2026, Cambria Global Momentum ETF returned 3.2%, which earned it a grade of A, as the Tactical Allocation category had an average return of -1.4%. 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 Global Momentum ETF has a trailing yield of 1.48%, which is below the 2.15% category average.
The fund normally distributes its income quarterly.
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 Global Momentum ETF Grades
Year to date, the ETF has returned 10.1%, 2.6 percentage points better than the category, which translates into a grade of B. The fund has returned 25.2% over the past year (grade of A), 11.2% over the past three years (grade of B) and 7.4% per year over the past five years (grade of B) and 7.0% per year over the past 10 years (grade of D).
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GMOM 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 |
|
| GMOM Return (NAV) | 3.2% | -1.5% | 25.2% | 11.2% | 7.4% | 7.0% |
| GMOM Return (Price) | 3.1% | -1.3% | 25.5% | 11.2% | 7.7% | 7.0% |
| NAV +/- Price Return | 0.130% | -0.133% | -0.348% | -0.014% | -0.347% | -0.024% |
| Tactical Allocation Avg | -1.4% | 1.6% | 15.9% | 10.6% | 5.4% | 7.4% |
| GMOM Grade (NAV) | A | F | A | B | B | D |
| +/- Category (NAV) | 4.6% | -3.1% | 9.3% | 0.6% | 1.9% | -0.5% |
| GMOM Tax-Cost Ratio | na | na | 0.6% | 1.0% | 1.2% | 1.0% |
GMOM Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GMOM Return (NAV) | 10.1% | 20.0% | 7.0% | 0.9% | -2.8% | 18.4% | 2.6% | 8.0% | -8.7% | 20.6% | 4.3% |
| GMOM Return (Price) | 10.1% | 20.6% | 6.7% | 0.7% | -2.8% | 19.1% | 2.4% | 8.2% | -9.6% | 20.7% | 4.6% |
| NAV +/- Price Ret | 0.004% | 0.028% | -0.040% | -0.297% | 0.015% | 0.042% | -0.055% | 2.7% | 10.1% | 0.3% | 6.2% |
| Tactical Allocation Avg | 7.5% | 12.7% | 11.7% | 10.7% | -13.3% | 16.9% | 7.5% | 14.0% | -6.3% | 19.2% | 7.1% |
| GMOM Grade (NAV) | B | A | D | F | A | C | C | D | F | B | D |
| +/- Category | 2.6% | 7.3% | -4.7% | -9.8% | 10.5% | 1.5% | -4.9% | -6.0% | -2.4% | 1.4% | -2.8% |
| Risk Measures | |
| Beta: | 0.91 |
| R-Squared: | 54% |
| Standard Deviation: | 11.6% |
| Category Risk Index: | 0.98 |
| Category Risk Rating: | Average |
| Total Risk Index: | 0.95 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 1.5% |
| Total Assets: | $ 71 Mil |
| Share Class Assets: | $ 71 Mil |
| Turnover: | 81.0% |
| Expense Ratio: | 1.01% |
| Index Fund: | No |
| Index Tracked: | Bloomberg Global Aggregate TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 11.8 years | |||
| Average Tenure: 6.8 years | |||
| Managers (Year): Faber Mebane (2014), Keetz Jonathan (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 15 |
| % in Top 10 Holdings: | 83.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 21.6% |
Portfolio Allocation |
|
| Domestic Stock: | 31.2% |
| Foreign Stock: | 47.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | -8.7% |
| Foreign Bond: | -25.6% |
| Convertible Bond: | 0.0% |
| Other: | 11.1% |
| Cash: | 44.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Cambria |
| Phone Number: | 855-383-4636 |
| Website: | www.cambriafunds.com |
| Inception Date: | November 3, 2014 |
Expenses and Fees
| Expense Ratio (%): | 1.01% (Rating: High) |
| Category Average Expense Ratio (%): | 0.97% |
