Cambria Tail Risk ETF (TAIL)Trading--Inverse Equity | Exchange Traded Fund | Cboe US
10.27 USD
-0.05
(-0.484%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 10.27 |
Hot Take ↕ | Aug. 22, 2026, 4:32 a.m. EDT
The long-term outlook remains deeply bearish due to a brutal eight-year trajectory where the asset has lost more than half its value, with five consecutive years of negative annual returns ending in a decline. While the current yield sits near 3%, this payout is insufficient to offset the structural deterioration and capital destruction evident in the price history. Short-term momentum is equally weak, with the stock trading at multi-year lows and showing no signs of recovery despite a recent slight uptick in volume. The options market confirms this pessimism, with traders aggressively buying deep out-of-the-money puts while ignoring upside potential, suggesting a high probability of further downside in the near term. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.010492 |
| AutoETS | 0.011141 |
| MSTL | 0.011204 |
| AutoARIMA | 0.011348 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 55% |
| H-stat | 13.38 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.573 |
| Excess Kurtosis | -0.76 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.22 |
As of Aug. 22, 2026, 4:32 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by massive open interest in out-of-the-money puts compared to negligible call activity. Implied volatility is significantly elevated for puts (0.75) versus calls (0.33), indicating a market consensus that a sharp decline is the primary risk scenario.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.45% | 2.71% | 3.03% | 2.49% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-18 | 0.048 | 0.450281 |
| 2026-03-20 | 0.077 | 0.654762 |
| 2025-12-18 | 0.139 | 1.195699 |
| 2025-09-18 | 0.048 | 0.404722 |
| 2025-06-18 | 0.110 | 0.910596 |
| 2025-03-20 | 0.034 | 0.292851 |
| 2024-12-20 | 0.105 | 0.932504 |
| 2024-06-21 | 0.183 | 1.566110 |
| 2024-03-21 | 0.101 | 0.839568 |
| 2023-12-14 | 0.120 | 0.938233 |
| 2023-09-21 | 0.117 | 0.904173 |
| 2023-06-22 | 0.121 | 0.883857 |
| 2023-03-23 | 0.120 | 0.786885 |
| 2022-12-22 | 0.072 | 0.463320 |
| 2022-09-22 | 0.074 | 0.455105 |
| 2022-06-23 | 0.051 | 0.290930 |
| 2022-03-24 | 0.032 | 0.191388 |
| 2021-12-22 | 0.024 | 0.132523 |
| 2021-09-23 | 0.029 | 0.155705 |
| 2021-06-24 | 0.027 | 0.144540 |
| 2021-03-25 | 0.008 | 0.041973 |
| 2020-12-23 | 0.004 | 0.019446 |
| 2020-09-24 | 0.008 | 0.036580 |
| 2020-06-25 | 0.014 | 0.062837 |
| 2020-03-26 | 0.048 | 0.204866 |
| 2019-12-26 | 0.091 | 0.472237 |
| 2019-09-26 | 0.077 | 0.376897 |
| 2019-06-27 | 0.048 | 0.234547 |
| 2019-03-28 | 0.090 | 0.439582 |
| 2018-12-26 | 0.097 | 0.418645 |
| 2018-09-26 | 0.092 | 0.460922 |
| 2018-06-27 | 0.089 | 0.414918 |
| 2018-03-28 | 0.069 | 0.305567 |
| 2017-12-27 | 0.089 | 0.394154 |
| 2017-09-26 | 0.063 | 0.264606 |
| 2017-06-27 | 0.053 | 0.215622 |
| Attribute | Value |
|---|---|
| All Time High | 27.23 |
| All Time Low | 10.26 |
| Ask | 12.13 |
| Ask Size | 4,000 |
| Average Daily Volume10 Day | 197,620 |
| Average Daily Volume3 Month | 183,158 |
| Average Volume | 183,158 |
| Average Volume10Days | 197,620 |
| Beta3 Year | -0.29 |
| Bid | 10.27 |
| Bid Size | 5,400 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.311 |
| Day Low | 10.265 |
| Dividend Yield | 2.99 |
| Eps Trailing Twelve Months | 0.3916647 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.5001 |
| Fifty Day Average Change | -0.23009968 |
| Fifty Day Average Change Percent | -0.021914046 |
| Fifty Two Week Change Percent | -13.552189 |
| Fifty Two Week High | 12.19 |
| Fifty Two Week High Change | -1.9199991 |
| Fifty Two Week High Change Percent | -0.1575061 |
| Fifty Two Week Low | 10.26 |
| Fifty Two Week Low Change | 0.010000229 |
| Fifty Two Week Low Change Percent | 0.00097468117 |
| Fifty Two Week Range | 10.26 - 12.19 |
| First Trade Date Milliseconds | 1,491,485,400,000 |
| Five Year Average Return | -0.0900744 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.0499992 |
| Fullday Change Percent | -0.484489 |
| Fullday Price | 10.27 |
| Fund Family | Cambria |
| 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 | 10.3155 |
| Net Assets | 146,940,992.0 |
| Net Expense Ratio | 0.59 |
| Open | 10.31 |
| Phone | +1 310 6835500 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 10.27 |
| Post Market Time | 1,787,959,805 |
| Previous Close | 10.32 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0499992 |
| Regular Market Change Percent | -0.484489 |
| Regular Market Day High | 10.311 |
| Regular Market Day Low | 10.265 |
| Regular Market Day Range | 10.265 - 10.311 |
| Regular Market Open | 10.31 |
| Regular Market Previous Close | 10.32 |
| Regular Market Price | 10.27 |
| Regular Market Time | 1,787,947,194 |
| Regular Market Volume | 88,494 |
| Short Name | Cambria Tail Risk ETF |
| Source Interval | 15 |
| Symbol | TAIL |
| Three Year Average Return | -0.0510221 |
| Total Assets | 146,940,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 26.221409 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -4.52805 |
| Trailing Three Month Returns | -4.52805 |
| Triggerable | 1 |
| Two Hundred Day Average | 11.1728 |
| Two Hundred Day Average Change | -0.9027996 |
| Two Hundred Day Average Change Percent | -0.08080334 |
| Type Disp | ETF |
| Volume | 88,494 |
| Yield | 0.0299 |
| Ytd Return | -8.33338 |