Cambria Global EW ETF (GEW) is an actively managed exchange-traded fund that seeks capital appreciation by providing diversified exposure to global equities through an equal-weighted investment strategy. The fund avoids traditional market-capitalization weighting to reduce concentration risk in large companies, offering balanced access to international markets across various geographies and sectors with an expense ratio of 0.29%; it invests directly in equities or through other ETFs and concentrates primarily on total market equity holdings. Launched on September 25, 2025, on NASDAQ with initial assets of $150 million via a one-time 351 ETF exchange window that allowed tax-efficient contributions of appreciated securities, GEW represents Cambria Investment Management's third such product following the Cambria Tax Aware ETF (TAX) and Cambria Endowment Style ETF (ENDW). Cambria Investment Management LP, the fund's adviser founded in 2006 and headquartered in Manhattan Beach, California, oversees GEW as part of its portfolio of 19 to 20 ETFs focused on quantitative strategies including shareholder yield, global asset allocation, tail risk, hedged equity, and thematic investments, with total assets exceeding $3 billion as of late 2025. The ETF targets long-term investors seeking systematic, low-cost global equity diversification without immediate capital gains taxes under specific 351 rules, operating primarily in U.S. markets while providing exposure to worldwide equities.