TAIL
Cambria Tail Risk ETF
Bloomberg Short Treasury TR USD
NAV as of
4 Week: 14.30 - 15.45
52 Week: 14.30 - 18.03
Latest Closing Price
14.70
Premium / Discount
0
Expense Ratio
0.59%
Investment Objective
The investment seeks to provide income and capital appreciation from investments in the U.S. market while protecting against significant downside risk. 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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -3.92 | 1.08 | -3.63 |
| 1 Day | -0.20 | 0.00 | 0.00 |
| 1 Week | -2.78 | 1.57 | -1.77 |
| 1 Month | 0.75 | 7.19 | 0.10 |
| 3 Months | -3.92 | 8.59 | -0.46 |
| 6 Months | -12.75 | 11.85 | -1.08 |
| 1 Year | -11.71 | 18.81 | -0.62 |
| 2 Years | -21.60 | 22.17 | -0.97 |
| 3 Years | -38.39 | 25.09 | -1.53 |
| 5 Years | -34.26 | 35.19 | -0.97 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 2.3305 | -13.9904 | 6.9839 | -12.8153 | -13.1463 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 70.0000 | 1.0000 | 1.0000 | 0.0000 | 0.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 22/03/2023 | 02/04/2023 | 0.1201 |
| 21/12/2022 | 02/01/2023 | 0.0720 |
| 21/09/2022 | 02/10/2022 | 0.0739 |
| 22/06/2022 | 04/07/2022 | 0.0507 |
| 23/03/2022 | 03/04/2022 | 0.0321 |
| 21/12/2021 | 02/01/2022 | 0.0242 |
| 22/09/2021 | 03/10/2021 | 0.0293 |
| 23/06/2021 | 05/07/2021 | 0.0268 |
| 24/03/2021 | 04/04/2021 | 0.0078 |
| 22/12/2020 | 03/01/2021 | 0.0043 |
Portfolio Data
Total Number of Holdings: 9
Number of Bond Holdings: 2
Number of Equity Holdings: 0
Total Market Value: 191,565,180
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | United States Treasury Notes 0.63% | 86.1367 | 313,968,000 | 6,752,000 | 293,044,859 |
| 2 | United States Treasury Notes 0.13% | 5.5200 | 17,029,662 | 368,890 | 18,779,630 |
| 3 | Option on S&P 500 PR | 3.5234 | 411 | 411 | 11,986,815 |
| 4 | Option on S&P 500 PR | 1.4718 | 270 | 270 | 5,007,150 |
| 5 | Option on S&P 500 PR | 0.8753 | 98 | 98 | 2,977,730 |
| 6 | Option on S&P 500 PR | 0.5861 | 157 | 157 | 1,993,900 |
| 7 | Option on S&P 500 PR | 0.5665 | 81 | 81 | 1,927,395 |
| 8 | Option on S&P 500 PR | 0.3439 | 68 | 68 | 1,169,940 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 3.97 |
| Large | 2.84 |
| Medium | 1.30 |
| Small | 0.01 |
| Micro | 0.00 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
17.9903
Price/Book*
3.2992
Price/Sales*
2.0200
Price/Cash Flow*
10.5635
Dividend Yield*
1.9447
Growth Measures
Long-Term Earnings
13.1250
Historical Earnings
16.6077
Sales Growth
11.4000
Cash-Flow Growth
8.0463
Book-Value Growth
4.6615
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
2
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 0 |
| Average Weighted Coupon* | 3.85 |
| Average Weighted Price* | 103.69 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| N.A | |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.00 |
| 3 to 5 Years | 0.00 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 92.50 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.00 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.00 |
| 183 to 364 Days | 0.00 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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