Cboe US - Nasdaq Real Time Price USD

Cambria Tail Risk ETF (TAIL)

13.11
+0.59
+(4.71%)
As of 9:53:54 AM EDT. Market Open.

ETF 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.

ETF Overview

Category Trading--Inverse Equity
Fund Family CAMBRIA ETF TRUST
Net Assets 66.71M
YTD Daily Total Return 12.11%
Yield 3.42%
Legal Type Exchange Traded Fund

ETF Operations

Attributes TAIL Category Average
Annual Report Expense Ratio (net) 0.59% 0.00%
Holdings Turnover 13.00% --
Total Net Assets 352,679.19 352,679.19

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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