Screener
BHDG vs TAIL
Nicholas Bitcoin Tail ETF vs Cambria Tail Risk ETF
Key differences
- BHDG costs 0.59% less per year.
- TAIL is significantly larger than BHDG — larger funds tend to be more liquid and less likely to close.
- BHDG follows a option income strategy; TAIL uses tactical allocation.
- TAIL has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| BHDG | TAIL | |
|---|---|---|
| Annual cost (TER) | 0.00% | 0.59% |
| Fund size (AUM) | $13M | $157M |
| Since | 2026 | 2017 |
| Dividend yield | — | 3.41% |
| Asset class | alternative | alternative |
| Region | — | north america |
| Strategy | option income | tactical allocation |
| CAGR 1Y | N/A | -9.0% |
| CAGR 3Y | N/A | -6.3% |
| CAGR 5Y | N/A | -8.5% |
| Sharpe 3Y | N/A | -0.64 |
| Volatility 1Y | — | 8.55% |
| Max drawdown | -15.07% | -52.37% |
Similar to BHDG and TAIL
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