Launch of Cambria Endowment Style ETF Brings Endowment Investing to Individuals Cambria Investment Management and ETF Architect have launched the Cambria Endowment Style ETF (ENDW) on NASDAQ, targeting 130%-150% notional exposure through ETFs and futures. The fund, seeded with $98 million, offers individual investors access to diversified, endowment-inspired strategies typically reserved for institutions, aiming for returns across market cycles.3456