Cambria Tail Risk ETF TAIL
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.59%
- Net assets
- $146.9M
- Holdings
- 10
- 12-month distribution yield
- 3.52%
- Asset class
- Fixed income
Cambria Tail Risk ETF (TAIL) is an exchange-traded fund listed on Cboe BZX in the United States, issued by Cambria. Its category is Fixed income · US (fixed income). Its last price was US$9.89 on 20 Oct 2026. Its expense ratio is 0.59% a year, from its prospectus dated 1 Sep 2025. It reported net assets of US$146.94 million as of 31 Jul 2026. Its latest holdings report lists 10 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$0.35 a unit, a 12-month distribution yield of 3.52%, paid quarterly.
Fees
- Total annual operating expenses (gross)
- 0.59%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.59%
- Prospectus date
- 1 Sep 2025
- Filed with the SEC
- 28 Aug 2025
Size and reporting
- Net assets
- $146,940,985
- Total assets
- $147,014,582
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 10 of 10 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | US TREASURY N/B United States Treasury Note/Bond | US91282CNC19 | 90.90% | $133.6M | Debt | United States | USD |
| 2 | First American Treasury Obliga First American Treasury Obligations Fund | US31846V3289 | 2.40% | $3.5M | Short-term investment vehicles (cash funds) | United States | USD |
| 3 | SPX US 09/17/27 P7000 | No identifier reported | 1.96% | $2.9M | Equity derivatives | United States | USD |
| 4 | SPX US 03/19/27 P6400 | No identifier reported | 0.89% | $1.3M | Equity derivatives | United States | USD |
| 5 | SPX US 06/17/27 P6900 | No identifier reported | 0.84% | $1.2M | Equity derivatives | United States | USD |
| 6 | SPX US 12/18/26 P6200 | No identifier reported | 0.80% | $1.2M | Equity derivatives | United States | USD |
| 7 | SPX US 06/17/27 P6500 | No identifier reported | 0.66% | $965K | Equity derivatives | United States | USD |
| 8 | SPX US 06/17/27 P6200 | No identifier reported | 0.35% | $516K | Equity derivatives | United States | USD |
| 9 | SPX US 12/18/26 P6100 | No identifier reported | 0.10% | $145K | Equity derivatives | United States | USD |
| 10 | SPX US 09/18/26 P6000 | No identifier reported | 0.03% | $46K | Equity derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 90.90% | |
| Equity derivatives | 5.62% | |
| Short-term investment vehicles (cash funds) | 2.40% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 98.91% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 98.91% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.3480
- 12-month yield
- 3.52%
- Frequency
- Quarterly
- Latest ex-date
- 18 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.3480) ÷ latest price ($9.89) × 100 = 3.52%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (19 payments)
| Ex-date | Amount per unit |
|---|---|
| 18 Sep 2026 | $0.0840 |
| 18 Jun 2026 | $0.0480 |
| 20 Mar 2026 | $0.0770 |
| 18 Dec 2025 | $0.1390 |
| 18 Sep 2025 | $0.0480 |
| 18 Jun 2025 | $0.1100 |
| 20 Mar 2025 | $0.0340 |
| 20 Dec 2024 | $0.1050 |
| 21 Jun 2024 | $0.1830 |
| 21 Mar 2024 | $0.1010 |
| 14 Dec 2023 | $0.1200 |
| 21 Sep 2023 | $0.1170 |
| 22 Jun 2023 | $0.1210 |
| 23 Mar 2023 | $0.1200 |
| 22 Dec 2022 | $0.0720 |
| 22 Sep 2022 | $0.0740 |
| 23 Jun 2022 | $0.0510 |
| 24 Mar 2022 | $0.0320 |
| 22 Dec 2021 | $0.0240 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000054369) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- TAIL and BND Vanguard Total Bond Market ETF
- TAIL and AGG iShares Core U.S. Aggregate Bond ETF
- TAIL and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- TAIL and BSV Vanguard Short-Term Bond ETF