EYLD: Emerging Market Value ETF, Good 5.3% Yield, And Index Outperformance

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tum3123 I last covered the Cambria Emerging Shareholder Yield ETF (BATS:EYLD), which focuses on emerging market equities with strong shareholder yields, in early 2023. In that article, I argue that EYLD's good yield, cheap valuations, and improved fundamentals made the fund a buy. EYLD has outperformed international and emerging market equity indexes since, underperformed the S&P 500. Results were somewhat worse than expected, although not significantly so. EYLD Previous Article Since my last article, EYLD has somewhat shifted towards tech, leading to lower dividends and a more expensive valuation. U.S. equities remain much more expensive, however, and grow ever pricier....