Snapshot*
Top 10 Holdings
What is TAIL?
The Cambria Tail Risk ETF seeks to mitigate significant downside market risk. The Fund intends to invest in a portfolio of "out of the money" put options purchased on the U.S. stock market. TAIL strategy offers the potential advantage of buying more puts when volatility is low and fewer puts when volatility is high. While a portion of the funds assets will be invested in the basket of long put option premiums, the majority of fund assets will be invested in intermediate term US Treasuries. As the fund is designed to be a hedge against market declines and rising volatility, Cambria expects the fund to produce negative returns in the most years with rising markets or declining volatility.
TAILPerformance Measures**
for the time period Apr 7, 2017 to Jul 23, 2026
1M Trailing Return: -1.9%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: -4.6%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -52.4%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 14.8%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: -0.43
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: -0.14
The annualized return divided by the max drawdown for the selected time period.
ETFs related toTAIL
ETFs correlated to TAIL include FAZ, TUA, SH
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toTAIL
Conservative - DN - All-Weather + Hedge
Category
Multi-asset, momentum and trend, risk-managed, hedged, managed futures, leveraged/inverse ETFs, tactical allocation, daily rebalanced
OOS Cumulative Return
5.95%
Commander BND V2 | 4 Trade Days / Year | Garen Mod Change a few things
Category
Tactical allocation, risk-on/off, momentum + mean reversion, macro (rates/dollar/commodities), quarterly rotation, multi-asset, hedging/managed futures
OOS Cumulative Return
1.16%
Create your own algorithmic trading strategy with TAIL using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.