TAILCambria Tail Risk ETF
Seeks income and capital appreciation from investments in the U.S. market while protecting against significant downside risk.
By Cambria · Launched 2017
Annual Cost
0.59%
#3,122 of 5,861 · average
Fund Size
$147M
#2,632 of 5,861 · mid-size
Dividend YieldGoal
2.93%
Track Record
9 years
#1,514 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$8,985-10.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 96.7% of fundconcentrated
US TREASURY N/B
88.4%
First American Treasury Obliga
2.4%
N/ASPX 12 P6200
1.8%
N/ASPX 3 P6400
1.5%
N/ASPX 6 P6500
1.0%
N/ASPX 9 P6000
0.7%
N/ASPX 6 P6200
0.6%
N/ASPX 12 P6100
0.3%
N/ASPX 6 P5500
0.0%
N/ASPX 9 P5800
0.0%
Asset allocation
Bonds
90.7%
Stocks
17.0%
Other
1.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
8.7%Low
Year-on-year price swings
Max drawdown
-52.6%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.59Below average
Sortino (3Y)
-0.90Moderate downside risk
Bond profile
Duration
4.3 years
Avg maturity
9.9 years
Credit ratings
US Government
90.7%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks income and capital appreciation from investments in the U.S. market while protecting against significant downside risk.
- Strategy
- Actively manages a portfolio of U.S. government bonds and cash while employing a put option strategy to hedge against significant declines in U.S. equities. Targets protective put options on U.S. stock indices to manage tail risk over rolling one-month periods.
- Inception date
- April 5, 2017
- Fund family
- Cambria
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Data updated on 2026-08-04