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Cambria Tail Risk ETF (TAIL)

Trading--Inverse Equity | Exchange Traded Fund | Cboe US
11.13 USD -0.01 (-0.090%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 11.25 +0.12 (1.078%) ⇧ (April 17, 2026, 5:29 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 4:27 p.m. EDT

TAIL, the Cambria Tail Risk ETF, has shown a volatile price movement recently, with a dividend yield of 3.2% offering an attractive yield. The recent price history indicates a consolidation phase, with the stock trading near its 52-week low. The ETF is primarily designed to hedge against extreme market downturns, which has attracted some investor attention. However, the forecasting model shows minimal directional bias, suggesting uncertainty in short-term price direction. While the dividend yield is strong, the ETF's performance is tied to the broader market's tail risk, which could be volatile. Investors should consider the ETF as a defensive tool for portfolio diversification, especially in uncertain markets.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.012913
AutoETS0.012913
AutoTheta0.012930
MSTL0.013620

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 47%
H-stat 5.22
Ljung-Box p 0.000
Jarque-Bera p 0.640
Excess Kurtosis 0.46
Attribute Value
Trailing P/E 24.44

As of April 11, 2026, 4:27 p.m. EDT: The options activity suggests a mix of bearish and neutral sentiment. For the near-term expirations (April 17), there is significant put volume and open interest on the 9.0 strike, indicating potential downside concerns. The ATM anchor at 12.0 suggests some support. For the June 18 expiration, there is a notable put position on the 10.0 strike with high open interest and implied volatility, signaling caution about further declines. The July 18 expiration shows similar patterns with puts on the 9.0 strike. Overall, the options market seems to be pricing in a range-bound or slightly bearish outlook with limited upside speculation.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.65% 3.20% 3.31% 2.57%
Dividend History
Date Dividend Yield %
2026-03-20 0.077 0.654762
2025-12-18 0.139 1.203559
2025-09-18 0.048 0.412238
2025-06-18 0.110 0.931245
2025-03-20 0.034 0.302212
2024-12-20 0.105 0.965131
2024-06-21 0.183 1.635921
2024-03-21 0.101 0.890748
2023-12-14 0.120 1.003772
2023-09-21 0.117 0.976480
2023-06-22 0.121 0.963182
2023-03-23 0.120 0.865015
2022-12-22 0.072 0.513355
2022-09-22 0.074 0.506610
2022-06-23 0.051 0.325316
2022-03-24 0.032 0.214627
2021-12-22 0.024 0.148897
2021-09-23 0.029 0.175174
2021-06-24 0.027 0.162863
2021-03-25 0.008 0.047362
2020-12-23 0.004 0.021952
2020-09-24 0.008 0.041302
2020-06-25 0.014 0.070974
2020-03-26 0.048 0.231540
2019-12-26 0.091 0.534786
2019-09-26 0.077 0.428833
2019-06-27 0.048 0.267877
2019-03-28 0.090 0.503225
2018-12-26 0.097 0.481355
2018-09-26 0.092 0.532054
2018-06-27 0.089 0.481161
2018-03-28 0.069 0.355832
2017-12-27 0.089 0.460408
2017-09-26 0.063 0.310308
2017-06-27 0.053 0.253532
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.2

Info Dump

Attribute Value
All Time High 27.23
All Time Low 10.9
Ask 11.14
Ask Size 13,800
Average Daily Volume10 Day 678,030
Average Daily Volume3 Month 620,982
Average Volume 620,982
Average Volume10Days 678,030
Beta3 Year -0.24
Bid 11.12
Bid Size 12,600
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 11.1769
Day Low 11.12
Dividend Yield 3.2
Eps Trailing Twelve Months 0.455426
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.5935
Fifty Day Average Change -0.46350002
Fifty Day Average Change Percent -0.0399793
Fifty Two Week Change Percent -16.44144
Fifty Two Week High 13.45
Fifty Two Week High Change -2.3199997
Fifty Two Week High Change Percent -0.17249069
Fifty Two Week Low 11.12
Fifty Two Week Low Change 0.010000229
Fifty Two Week Low Change Percent 0.00089930114
Fifty Two Week Range 11.12 - 13.45
First Trade Date Milliseconds 1,491,485,400,000
Five Year Average Return -0.077467896
Full Exchange Name Cboe US
Fund Family Cambria Investment Management
Fund Inception Date 1,491,350,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is actively managed and seeks to achieve its investment objective by investing in cash and U.S. government bonds, and utilizing a put option strategy to manage the risk of a significant negative movement in the value of domestic equities. The adviser intends to spend approximately one percent of the fund's total assets per month to purchase put options.
Long Name Cambria Tail Risk ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_419609438
Nav Price 11.1389
Net Assets 202,489,744.0
Net Expense Ratio 0.59
Open 11.14
Phone +1 310 6835500
Post Market Change 0.119999886
Post Market Change Percent 1.0781661
Post Market Price 11.25
Post Market Time 1,776,461,350
Previous Close 11.14
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0100002
Regular Market Change Percent -0.0897687
Regular Market Day High 11.1769
Regular Market Day Low 11.12
Regular Market Day Range 11.12 - 11.1769
Regular Market Open 11.14
Regular Market Previous Close 11.14
Regular Market Price 11.13
Regular Market Time 1,776,456,000
Regular Market Volume 709,729
Short Name Cambria Tail Risk ETF
Source Interval 15
Symbol TAIL
Three Year Average Return -0.0549687
Total Assets 202,489,744
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 24.438658
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.49605
Trailing Three Month Returns 2.49605
Triggerable 1
Two Hundred Day Average 11.736125
Two Hundred Day Average Change -0.6061249
Two Hundred Day Average Change Percent -0.051646084
Type Disp ETF
Volume 709,729
Yield 0.032
Ytd Return 2.49605