TAIL vs TSLQ
Cambria Tail Risk ETF vs Tradr 2X Short TSLA Daily ETF
Which is better, TAIL or TSLQ?
TAIL has been ahead.
TAIL has a lower expense ratio. TAIL led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TAIL | TSLQ |
|---|---|---|
| Expense Ratio | 0.59%Best | 1.15% |
| AUM | $152M | $92M |
| Dividend Yield | 3.56% | 9.89% |
| Holdings | 22 | 12 |
| YTD Return | -14.34% | -6.17%Best |
| 1Y Return | -17.22%Best | -19.23% |
| 3Y Return (annualized) | -6.11%Best | -65.37% |
| 5Y Return (annualized) | -9.78% | - |
| Volatility (annualized) | 9.1%Best | 86.8% |
| Max Drawdown | -38.5%Best | -98.7% |
| $10,000 over 4.3 years | $6,186Best | $264 |
| Fund Family | Cambria Investment Management | Tradr ETFs |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Apr 5, 2017 | Jul 13, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jul 14, 2022 to Oct 14, 2026 (4.3 years).
TAIL vs TSLQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.3 years both funds cover.
TAIL vs TSLQ Performance
Cambria Tail Risk ETF (TAIL) is an ETF from Cambria Investment Management and Tradr 2X Short TSLA Daily ETF (TSLQ) is an ETF from Tradr ETFs. Over the past year TAIL returned -17.22% while TSLQ returned -19.23%. Year to date, TAIL is down 14.34% versus a loss of 6.17% for TSLQ.
Over three years, TAIL compounded at -6.11% per year against -65.37% for TSLQ. Across the full 4-year window we track, TAIL has the edge at -10.57% annualized vs -57.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLQ has been the more volatile fund, with annualized monthly volatility of 86.8% compared with 9.1% for TAIL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -38.5% for TAIL and -98.7% for TSLQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.11. They move largely independently of each other.
Fees and Cost Over Time
TAIL charges 0.59% per year while TSLQ charges 1.15%. On a $10,000 position that is $59 vs $115 annually, a gap of $56 per year that compounds over a long holding period. On income, TAIL currently yields 3.56% against 9.89% for TSLQ.
Holdings Overlap
We hold position weights for 2 holdings in TAIL and 1 in TSLQ, totalling 93.4% and 5.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in TAIL and 1 in TSLQ, against full books of 22 and 12.
You are not choosing between two funds in isolation.
Whichever of TAIL and TSLQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TAIL or TSLQ?
TAIL has an expense ratio of 0.59% while TSLQ charges 1.15%. TAIL is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, TAIL or TSLQ?
Over the past year TAIL returned -17.22% vs -19.23% for TSLQ, so TAIL leads on 1-year performance. Over the longest common window we track (4 years), TAIL annualized -10.57% vs -57.06% for TSLQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TAIL or TSLQ?
TSLQ has been the more volatile fund at 86.8% annualized versus 9.1% for TAIL. Worst drawdown: TAIL -38.5% vs TSLQ -98.7%.
Should I hold both TAIL and TSLQ?
TAIL and TSLQ have a monthly-return correlation of 0.11, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, TAIL or TSLQ?
TAIL yields 3.56% while TSLQ yields 9.89%, so TSLQ currently pays the higher dividend yield.
Is TSLQ better than TAIL?
TAIL has a lower expense ratio. TAIL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.