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Cambria Tail Risk ETF (TAIL)
USD10.52
-0.02 (-0.19%)
CBOE USD US Equity
NAV
USD 10.52
0.00% vs NAV
as of 2026-07-12
AUM
USD 145.21M
TER
0.59%
Yield (TTM)
2.96%
Distribution
Distributing · Quarterly
52-week range
10.52 – 12.13
Holdings
11
Issuer
Cambria Funds
About this ETF
The Cambria Tail Risk ETF (TAIL) is structured to diminish the effects of market downturns by acquiring a basket of "out-of-the-money" put options referencing the S&P 500 Index. Furthermore, it incorporates U.S. Treasury securities into its holdings with the goal of generating possible income.
ISIN
US1320618622
Issuer
Cambria Funds
Domicile
US
Inception
2017-04-06
Asset class
Equity
Website
cambriafunds.com/TAIL
Price
Top 10 holdings
| United States Treasury Note/Bond 4.25% 05/15/2035 | 91.00% |
| First American Treasury Obligations Fund 01/01/2040 | 3.05% |
| Cash & Other | 1.19% |
| SPX US 09/17/27 P7000 | 0.95% |
| SPX US 03/19/27 P6400 | 0.92% |
| SPX US 12/18/26 P6200 | 0.85% |
| SPX US 06/17/27 P6900 | 0.81% |
| SPX US 06/17/27 P6500 | 0.68% |
| SPX US 06/17/27 P6200 | 0.37% |
| SPX US 12/18/26 P6100 | 0.11% |
Sector mix
Price chart
USD10.52
-0.02 (-0.19%)
Loading historical data…
Returns
| 1 month | -2.77% |
| 3 months | -6.82% |
| 6 months | -8.20% |
| Year to date | -8.44% |
| 1 year | -11.30% |
| 3 years (ann.) | -7.75% |
| 5 years (ann.) | -10.86% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 8.71% |
| Sharpe (1y) | -1.33 |
| Sharpe (3y) | -0.50 |
| Sortino (1y) | -2.06 |
| Max drawdown (1y) | -13.27% |
| Max drawdown (5y) | -45.44% |
| Max drawdown (full) | -58.73% |
| Beta vs S&P 500 (1y) | -0.51 |
| Correlation vs S&P 500 (1y) | -0.74 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
28
P(gain) 22 sessions — probability
38%
VaR 95% (daily)
-1.29%
CVaR 95% (daily)
-2.03%
GARCH vol forecast (22d)
0.71%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
99.9%
Effective holdings
1
Disclosed positions
11
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
TAIL
0.59%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-18 | 2026-06-22 | USD 0.0477 |
| 2026-03-20 | 2026-03-23 | USD 0.0774 |
| 2025-12-18 | 2025-12-19 | USD 0.1391 |
| 2025-09-18 | 2025-09-19 | USD 0.0476 |
| 2025-06-18 | 2025-06-20 | USD 0.1101 |
| 2025-03-20 | 2025-03-21 | USD 0.0342 |
| 2024-12-20 | 2024-12-30 | USD 0.1054 |
| 2024-06-21 | 2024-07-01 | USD 0.1829 |
| 2024-03-21 | 2024-04-01 | USD 0.1015 |
| 2023-12-14 | 2023-12-26 | USD 0.1205 |
| 2023-09-21 | 2023-10-02 | USD 0.1168 |
| 2023-06-22 | 2023-07-03 | USD 0.1213 |
| 2023-03-23 | 2023-04-03 | USD 0.1201 |
| 2022-12-22 | 2023-01-03 | USD 0.0720 |
| 2022-09-22 | 2022-10-03 | USD 0.0739 |
| 2022-06-23 | 2022-07-05 | USD 0.0507 |
| 2022-03-24 | 2022-04-04 | USD 0.0321 |
| 2021-12-22 | 2022-01-03 | USD 0.0242 |
| 2021-09-23 | 2021-10-04 | USD 0.0293 |
| 2021-06-24 | 2021-07-06 | USD 0.0268 |
| 2021-03-25 | 2021-04-05 | USD 0.0078 |
| 2020-12-23 | 2021-01-04 | USD 0.0043 |
| 2020-09-24 | 2020-10-05 | USD 0.0076 |
| 2020-06-25 | 2020-07-06 | USD 0.0141 |
| 2020-03-26 | 2020-04-06 | USD 0.0477 |
| 2019-12-26 | 2020-01-06 | USD 0.0908 |
| 2019-09-26 | 2019-10-07 | USD 0.0771 |
| 2019-06-27 | 2019-07-08 | USD 0.0475 |
| 2019-03-28 | 2019-04-08 | USD 0.0905 |
| 2018-12-26 | 2019-01-04 | USD 0.0971 |
| 2018-09-26 | 2018-10-05 | USD 0.0916 |
| 2018-06-27 | 2018-07-06 | USD 0.0893 |
| 2018-03-28 | 2018-04-06 | USD 0.0694 |
| 2017-12-27 | 2018-01-05 | USD 0.0889 |
| 2017-09-26 | 2017-10-05 | USD 0.0634 |
| 2017-06-27 | 2017-07-06 | USD 0.0530 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |
