TAIL Alternatives & Similar ETFs

Cambria Tail Risk ETF (TAIL) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TAIL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TAIL

TAIL charges 0.59% annually. There are 12 ETFs in the Equity Hedged category with lower expense ratios, going as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
XTR	Global X S&P 500 Tail Risk ETF	0.25%	4.81M	Aug 2021	TAIL vs XTR
XCLR	Global X S&P 500 Collar 95-110 ETF	0.25%	3.57M	Aug 2021	TAIL vs XCLR
PHDG	Invesco S&P 500 Downside Hedged ETF	0.39%	63.46M	Dec 2012	TAIL vs PHDG
HEQT	Simplify Hedged Equity ETF	0.43%	296.16M	Nov 2021	TAIL vs HEQT
QQHG	Invesco QQQ Hedged Advantage ETF	0.45%	—	May 2025	TAIL vs QQHG

Best Risk-Adjusted Alternatives to TAIL

TAIL has a PortfoliosLab risk / return rank of 1. There are 31 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
MAXJ	iShares Large Cap Max Buffer Jun ETF	95	—	Jun 2024	TAIL vs MAXJ
KSPY	Kraneshares Hedgeye Hedged Equity Index ETF	91	118.66M	Jul 2024	TAIL vs KSPY
RFLR	Innovator U.S. Small Cap Managed Floor ETF	89	91.97M	Sep 2024	TAIL vs RFLR
HECO	State Street Galaxy Hedged Digital Asset Ecosystem...	85	83.37M	Sep 2024	TAIL vs HECO
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	84	488.90M	May 2020	TAIL vs SIXH

Top Performing TAIL Alternatives (YTD)

TAIL is at -8.13% YTD. There are 33 ETFs in the Equity Hedged category with higher YTD returns, going as high as 61.32%.

Symbol	Name	YTD Return	AUM	Inception
HECO	State Street Galaxy Hedged Digital Asset Ecosystem...	61.32%	83.37M	Sep 2024	TAIL vs HECO
RFLR	Innovator U.S. Small Cap Managed Floor ETF	13.82%	91.97M	Sep 2024	TAIL vs RFLR
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	11.82%	488.90M	May 2020	TAIL vs SIXH
SHUS	Stratified LargeCap Hedged ETF	11.17%	23.16M	Jan 2019	TAIL vs SHUS
HTUS	Hull Tactical US ETF	10.86%	137.43M	Jun 2015	TAIL vs HTUS

Lowest Volatility Alternatives to TAIL

TAIL has 8.59% 1-year volatility. There are 8 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.35%.

Symbol	Name	Volatility 1Y	AUM	Inception
MAXJ	iShares Large Cap Max Buffer Jun ETF	2.35%	—	Jun 2024	TAIL vs MAXJ
ONEH	TrueShares Equity Hedge ETF	5.04%	14.53M	Jan 2026	TAIL vs ONEH
HEDG	Equable Shares Hedged Equity ETF	5.79%	301.01M	May 2019	TAIL vs HEDG
TRIO	MC Trio Equity Buffered ETF	6.39%	—	Mar 2025	TAIL vs TRIO
HEQT	Simplify Hedged Equity ETF	6.95%	296.16M	Nov 2021	TAIL vs HEQT

Lowest Drawdown Alternatives to TAIL

TAIL has a 1-year max drawdown of -12.68%. There are 30 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MAXJ	iShares Large Cap Max Buffer Jun ETF	-1.70%	—	Jun 2024	TAIL vs MAXJ
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	-4.36%	488.90M	May 2020	TAIL vs SIXH
HEGD	Swan Hedged Equity US Large Cap ETF	-4.39%	584.47M	Dec 2020	TAIL vs HEGD
KSPY	Kraneshares Hedgeye Hedged Equity Index ETF	-4.46%	118.66M	Jul 2024	TAIL vs KSPY
TRIO	MC Trio Equity Buffered ETF	-4.47%	—	Mar 2025	TAIL vs TRIO

Other ETFs from Cambria

The 10 most viewed Cambria ETFs shown here include GVAL, SYLD, GAA and span 10 categories. AUM among these funds goes as high as $995M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GVAL	Cambria Global Value ETF	Global Equities	91	20.23%	583.80M	Mar 2014	TAIL vs GVAL
SYLD	Cambria Shareholder Yield ETF	Mid Cap Value Equities, Dividend	88	21.09%	994.52M	May 2013	TAIL vs SYLD
GAA	Cambria Global Asset Allocation ETF	Diversified Portfolio	85	8.59%	72.57M	Dec 2014	TAIL vs GAA
FYLD	Cambria Foreign Shareholder Yield ETF	Global Equities	96	22.48%	711.35M	Dec 2013	TAIL vs FYLD
TRTY	Cambria Trinity ETF	Tactical Allocation	88	10.17%	144.13M	Sep 2018	TAIL vs TRTY
EYLD	Cambria Emerging Shareholder Yield ETF	Emerging Markets Equities	75	19.91%	857.30M	Jul 2016	TAIL vs EYLD
GMOM	Cambria Global Momentum ETF	Momentum, Tactical Allocation	74	10.11%	70.67M	Nov 2014	TAIL vs GMOM
VAMO	Cambria Value and Momentum ETF	Momentum, Equity Hedged	82	7.53%	108.69M	Sep 2015	TAIL vs VAMO
BLDG	Cambria Global Real Estate ETF	REIT	57	13.98%	67.21M	Sep 2020	TAIL vs BLDG
ENDW	Cambria Endowment Style ETF	Global Allocation	88	11.70%	149.69M	Apr 2025	TAIL vs ENDW

Often Compared With TAIL

Investors most often compare TAIL with CAOS, SPY, BTAL. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CAOS	Alpha Architect Tail Risk ETF	Options Trading	56	0.76%	709.87M	Aug 2013	TAIL vs CAOS
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	TAIL vs SPY
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	Equity Market Neutral, Long-Short	2	-14.87%	275.53M	Sep 2011	TAIL vs BTAL
QTR	Global X NASDAQ 100 Tail Risk ETF	Nasdaq-100, Equity Hedged	40	9.22%	7.62M	Aug 2021	TAIL vs QTR
DRSK	Aptus Defined Risk ETF	Diversified Portfolio	20	1.59%	1.52B	Aug 2018	TAIL vs DRSK
VOO	Vanguard S&P 500 ETF	S&P 500	68	10.16%	1.70T	Sep 2010	TAIL vs VOO
SJB	ProShares Short High Yield	Inverse Bonds	14	1.17%	47.96M	Mar 2011	TAIL vs SJB
QQQ	Invesco QQQ ETF	Nasdaq-100	49	12.26%	452.80B	Mar 1999	TAIL vs QQQ
VFFSX	Vanguard 500 Index Fund Institutional Select Share...	Large Cap Blend Equities	63	9.35%	—	—	TAIL vs VFFSX
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	Large Cap Growth Equities	60	10.17%	560.95M	Mar 2019	TAIL vs USSG
MFUT	Cambria Chesapeake Pure Trend ETF	Systematic Trend	80	17.76%	—	May 2024	TAIL vs MFUT
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	91	13.39%	42.77B	Jun 2014	TAIL vs DGRO
TAX	Cambria Tax Aware ETF	Large Cap Value Equities	41	8.05%	—	Dec 2024	TAIL vs TAX
DBMF	iMGP DBi Managed Futures Strategy ETF	Systematic Trend	90	11.19%	1.89B	May 2019	TAIL vs DBMF
079980.KS	Huvis Corporation		11	-25.88%	—	—	TAIL vs 079980.KS
EELV	Invesco S&P Emerging Markets Low Volatility ETF	Low Volatility	60	7.58%	427.79M	Jan 2012	TAIL vs EELV
GMAR	FT Cboe Vest U.S. Equity Moderate Buffer ETF - Mar...	Options Trading	97	8.83%	393.02M	Mar 2023	TAIL vs GMAR
EDGE	MRBL Enhanced Equity ETF	Derivative Income	79	10.72%	—	Jan 2025	TAIL vs EDGE
FLLV	Franklin Liberty U.S. Low Volatility ETF	Low Volatility	96	14.91%	112.15M	Sep 2016	TAIL vs FLLV
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	48	4.52%	45.80B	May 2020	TAIL vs JEPI

Compare TAIL with Any Fund or Stock

Compare TAIL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair TAIL with funds that move differently

Cambria Tail Risk ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TAIL.

Explore TAIL Diversifiers

Cambria Tail Risk ETF (TAIL) Alternatives