TAIL Cambria Tail Risk ETF
Quote as of Aug 26, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 10.38 | Day Range | 10.34 – 10.37 |
| 52-Week Range | 10.31 – 12.19 | Volume | 97.64K |
| Avg Volume | 208.67K | AUM | $146.4M (Aug 27, 2026) |
| Expense Ratio | 0.59% | Yield (TTM) | 3.00% |
| NAV | 10.35 | Premium/Discount | 0.00% indicative |
| Inception | Apr 06, 2017 | Holdings | 10 |
| Issuer | Cambria Funds | Exchange | CBOE |
| Category | Treasury Bonds | Index Tracked | S&P 500 |
| CUSIP | 132061862 | ISIN | US1320618622 |
| Management | Not stated in source data | ||
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.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -1.52% | -3.26% | -10.82% | -9.66% | -12.18% | -7.74% | -11.17% | — | -8.94% |
| Total return | -1.52% | -2.81% | -9.82% | -8.63% | -9.74% | -4.93% | -8.96% | — | -7.29% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.59% | Annual cost of a $10,000 investment | $59.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 11 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | United States Treasury Note/Bond 4.25%… | — | 91.74% | 138.23M | $134.0M |
| 2 | SPX US 09/17/27 P7000 | — | 1.72% | 95 | $2.5M |
| 3 | First American Treasury Obligations Fund… | — | 1.51% | 2.21M | $2.2M |
| 4 | Cash & Other | — | 1.23% | 1.80M | $1.8M |
| 5 | SPX US 09/17/27 P7200 | — | 1.02% | 49 | $1.5M |
| 6 | SPX US 06/17/27 P6900 | — | 0.72% | 54 | $1.1M |
| 7 | SPX US 03/19/27 P6400 | — | 0.67% | 113 | $982.0K |
| 8 | SPX US 06/17/27 P6500 | — | 0.54% | 56 | $790.2K |
| 9 | SPX US 12/18/26 P6200 | — | 0.53% | 223 | $780.5K |
| 10 | SPX US 06/17/27 P6200 | — | 0.26% | 34 | $377.1K |
| 11 | SPX US 12/18/26 P6100 | — | 0.05% | 24 | $75.8K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 3.00% | Paid (last 12 months) | $0.3118 |
| Frequency | Quarterly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 18, 2026 | Last payment | $0.0477 (Jun 22, 2026) |
| Growth 1Y | +24.91% | Growth 3Y / 5Y (ann.) | -6.98% / +46.00% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 18, 2026 | Jun 18, 2026 | Jun 22, 2026 | $0.0477 |
| Mar 20, 2026 | Mar 20, 2026 | Mar 23, 2026 | $0.0774 |
| Dec 18, 2025 | Dec 18, 2025 | Dec 19, 2025 | $0.1391 |
| Sep 18, 2025 | Sep 18, 2025 | Sep 19, 2025 | $0.0476 |
| Jun 18, 2025 | Jun 18, 2025 | Jun 20, 2025 | $0.1101 |
| Mar 20, 2025 | Mar 20, 2025 | Mar 21, 2025 | $0.0342 |
| Dec 20, 2024 | Dec 20, 2024 | Dec 30, 2024 | $0.1054 |
| Jun 21, 2024 | Jun 21, 2024 | Jul 01, 2024 | $0.1829 |
| Mar 21, 2024 | Mar 22, 2024 | Apr 01, 2024 | $0.1015 |
| Dec 14, 2023 | Dec 15, 2023 | Dec 26, 2023 | $0.1205 |
| Sep 21, 2023 | Sep 22, 2023 | Oct 02, 2023 | $0.1168 |
| Jun 22, 2023 | Jun 23, 2023 | Jul 03, 2023 | $0.1213 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 8.35% / 13.90% | Sharpe 1Y / 3Y | -1.58 / -0.559 |
| Max drawdown 1Y / 3Y | -13.64% / -23.10% | Sortino 1Y | -2.18 |
| Beta vs S&P 500 (3Y) | -0.702 | Correlation vs S&P 500 (1Y) | -0.771 |
| Downside deviation 1Y | 6.05% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 97.64K | Average volume | 208.67K |
| AUM | $146.4M | Premium/Discount | 0.00% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$1.2M | -0.80% | $147.6M → $146.4M |
| 1 Week | -$1.2M | -0.84% | $147.8M → $146.4M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for TAIL
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.