Cambria US EW ETF (USEW)

The Cambria US EW ETF is a fund from Cambria Investment Management, the firm founded by Meb Faber. As its name indicates, it focuses on U.S. equities held on an equal-weight basis.

Equal weighting gives each holding a similar allocation rather than weighting by market capitalization, which reduces concentration in the largest companies and tilts the portfolio toward smaller constituents relative to a cap-weighted benchmark.

The fund is designed to provide broad U.S. stock exposure with a different weighting approach than traditional index funds.