Compare · 2 funds side by side · dividends reinvested

TAIL and SPY

TAILCambria Funds×SPYSPDR×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$18,060SPY · best of the two

02 / 04

TAIL and SPY, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%0.99%+13.3%+13.4%+24.1%+12.6%−8.9%12.9%$805B1.3

Cambria Tail Risk ETFUnsorted0.60%3.48%−11.2%−12.6%−5.4%−8.9%−18.0%8.5%$161M1.8

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 4, 2026 · returns include dividends · since: TAIL 2017 · SPY 1993

Head to Head

Swap sides Versus in desk

Head to Head

Cambria Tail Risk ETF · $161M$6,286

TAIL

SPY

State Street SPDR S&P 500 ETF · $805B$18,060

$10,000 five years ago, dividends reinvested

TAILMeasureSPY

−11.2%Year to dateJan 1 → Nov 4+13.3%

−12.6%1 yearTotal return+13.4%

−5.4%3 years · per year$10,000 became $8,456 · $19,132+24.1%

−8.9%5 years · per year$10,000 became $6,286 · $18,060+12.6%

0.60%Expense ratio$60 · $9 a year on $10k · lower is better0.09%

3.48%Trailing 12-mo yield$348 · $99 a year on $10k0.99%

−18.0%Worst dropSmaller is better−8.9%

8.5%VolatilityLower is calmer12.9%

TAILSPY Winner of the row, in its colourEach row: the bigger of the two fills its side

2–6SPY wins

End-of-day Nov 4, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

TAIL vs SPY: Top 5 Holdings

Today

TAIL

[…]in top 5

SPY

in top 527.3%

TAILStockSPY

not top 5NVDA7.7%

not top 5AAPL7.4%

not top 5MSFT5.9%

not top 5AMZN3.8%

not top 5GOOGL2.5%

Held in common[…]

End-of-day Nov 4, 2026 · share of each fund

TAIL vs SPY Returns, Every Period

Cambria FundsTAIL

−8.9%

5 years, per year

SPYSPDR

+12.6%

5 years, per year

TAILSPYFaded: behind in that period

0–4SPY wins

End-of-day Nov 4, 2026 · dividends in · faded = behind in that period

Unsorted vs Core: TAIL vs SPY

YTD

Cambria FundsTAIL

−11.2%

SPYSPDR

+13.3%

−11.2%Year to date+13.3%

−18.0%Worst drop · 1Y−8.9%

8.5%Volatility · 1Y12.9%

3.5%Yield1.0%

$161MAssets$805B

2–2level

End-of-day Nov 4, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: TAIL, SPY

Today

0.09%lowest, SPY

FundExpense ratioFee$10k

SPY0.09%$9

TAIL0.60%$60

End-of-day Nov 4, 2026 · fee on $10,000 a year

Yields: TAIL, SPY

3.48%highest, TAIL

FundTrailing yieldYield$10k

TAIL3.48%$348

SPY0.99%$99

End-of-day Nov 4, 2026 · trailing 12-month yield

Income After Fees on $10,000

$288most kept, TAIL

TAIL$348 − $60 = $288

SPY$99 − $9 = $90

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee

Overlap: TAIL, SPY

Today

[…]holdings […]

TAILSPY

TAIL—[…]

SPY[…]—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+13.4%SPY, at 12.9% volatility

TAILWorst drop−18.0%8.5% vol

SPYWorst drop−8.9%12.9% vol

End-of-day Nov 4, 2026 · up and left is better

Paid More vs Made More

YTD

TAILSPY

−11.2%Year to date+13.3%

3.5%Yield1.0%

−12.6%Past year+13.4%

0.60%Fee0.09%

3–1SPY wins

End-of-day Nov 4, 2026

Popular Pairs Near These Two

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$42.1BAssets$46.1B

1–1level

End-of-day Nov 4, 2026