Cambria Tail Risk ETF (TAIL)
| Assets | $148.39M |
| Expense Ratio | 0.59% |
| PE Ratio | n/a |
| Shares Out | 13.80M |
| Dividend (ttm) | $0.31 |
| Dividend Yield | 2.93% |
| Ex-Dividend Date | Jun 18, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 205,045 |
| Open | 10.68 |
| Previous Close | 10.73 |
| Day's Range | 10.66 - 10.70 |
| 52-Week Low | 10.66 |
| 52-Week High | 12.19 |
| Beta | -0.34 |
| Holdings | 12 |
| Inception Date | Apr 6, 2017 |
About TAIL
Fund Home PageThe Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection. TAIL was launched on Apr 6, 2017 and is issued by Cambria.
Top 10 Holdings
111.04% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 89.53% |
| SPX US 12/18/26 P6200 | n/a | 4.99% |
| First American Treasury Obligations Fund Class X | FXFXX | 3.47% |
| SPX US 03/19/27 P6400 | n/a | 3.39% |
| SPX US 09/17/27 P7000 | n/a | 2.08% |
| SPX US 06/17/27 P6900 | n/a | 1.99% |
| SPX US 06/17/27 P6500 | n/a | 1.99% |
| SPX US 09/18/26 P6000 | n/a | 1.43% |
| SPX US 06/17/27 P6200 | n/a | 1.29% |
| OTHER ASSETS AND LIABILITIES | n/a | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2026 | $0.04771 | Jun 22, 2026 |
| Mar 20, 2026 | $0.0774 | Mar 23, 2026 |
| Dec 18, 2025 | $0.13905 | Dec 19, 2025 |
| Sep 18, 2025 | $0.04764 | Sep 19, 2025 |
| Jun 18, 2025 | $0.11006 | Jun 20, 2025 |
| Mar 20, 2025 | $0.03416 | Mar 21, 2025 |
Performance
TAIL had a total return of -9.98% in the past year, including dividends. Since the fund's inception, the average annual return has been -7.31%.
News
10 Defensive ETFs to Protect Your Portfolio
It's hard to blame investors for wanting to dive into a safe room following the S&P 500's worst first half of a year since 1970. Fortunately, they can find the protection they seek via defensive excha...
Catching Investors By The 'TAIL' as the Chinese New Year Arrives
The ETF industry has something for everyone -- the Cambria Tail Risk ETF (ticker: TAIL) looks to mitigate significant downside market risk through options and Treasuries.