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
0.60%
#3,337 of 6,040 · average
Fund Size
$149M
#2,728 of 6,040 · mid-size
Return (1Y)
-13.5%
Track Record
9 years
#1,526 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$8,714-12.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
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
92.2%
Stocks
17.4%
Other
4.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
8.4%Low
Year-on-year price swings
Max drawdown
-54.1%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.62Below average
Sortino (3Y)
-0.95Moderate downside risk
Bond profile
Duration
4.3 years
Avg maturity
9.7 years
Credit ratings
US Government
92.2%
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 2026-09-18