Cambria Tail Correlations

TAIL Etf

USD 11.64 0.07 0.60%

The current 90-days correlation between Cambria Tail Risk and AIM ETF Products is -0.84 (i.e., Pay attention - limited upside). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cambria Tail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cambria Tail Risk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cambria Tail Correlation With Market

Pay attention - limited upside

The correlation between Cambria Tail Risk and DJI is -0.77 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambria Tail Risk and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Cambria Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cambria Tail Risk. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Cambria Etf

0.87	SH	ProShares Short SP500	Pair Corr
0.62	PSQ	ProShares Short QQQ	Pair Corr
0.89	SPXU	ProShares UltraPro Short	Pair Corr
0.82	SDS	ProShares UltraShort	Pair Corr
0.89	SPXS	Direxion Daily SP	Pair Corr
0.7	QID	ProShares UltraShort QQQ Potential Growth	Pair Corr
0.77	RWM	ProShares Short Russ	Pair Corr
0.85	SPDN	Direxion Daily SP	Pair Corr
0.8	DOG	ProShares Short Dow30	Pair Corr

Moving against Cambria Etf

0.63	NUGT	Direxion Daily Gold	Pair Corr
0.61	DFEN	Direxion Daily Aerospace	Pair Corr
0.53	UGL	ProShares Ultra Gold	Pair Corr
0.51	DGP	DB Gold Double	Pair Corr
0.49	USD	ProShares Ultra Semi	Pair Corr
0.75	PSMR	Pacer Swan SOS	Pair Corr
0.71	ETHO	Amplify Etho Climate	Pair Corr
0.69	AHYB	American Century ETF	Pair Corr
0.67	DOO	BRP Inc Symbol Change	Pair Corr
0.64	IJS	iShares SP Small	Pair Corr
0.63	DFE	WisdomTree Europe	Pair Corr
0.59	URA	Global X Uranium	Pair Corr
0.54	DISV	Dimensional ETF Trust	Pair Corr
0.52	STXV	EA Series Trust	Pair Corr
0.51	RHRX	Starboard Investment	Pair Corr
0.48	VYMI	Vanguard International	Pair Corr
0.46	MEXX	Direxion Daily MSCI Potential Growth	Pair Corr
0.45	PID	Invesco International	Pair Corr
0.43	TAXT	Northern Trust Tax	Pair Corr
0.4	DUSL	Direxion Daily Indus	Pair Corr
0.89	PDEC	Innovator SP 500	Pair Corr
0.81	NAPR	Innovator Nasdaq 100	Pair Corr
0.78	RSST	Return Stacked Stocks	Pair Corr
0.77	DIA	SPDR Dow Jones	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		-0.24	-0.29	0.37	0.12	-0.39	-0.04	0.35	0.3	0.32	META
MSFT	-0.24		0.83	-0.59	-0.8	0.77	0.89	0.15	-0.88	-0.93	MSFT
UBER	-0.29	0.83		-0.54	-0.69	0.83	0.68	0.0	-0.8	-0.81	UBER
F	0.37	-0.59	-0.54		0.25	-0.5	-0.36	0.23	0.74	0.65	F
T	0.12	-0.8	-0.69	0.25		-0.58	-0.82	-0.2	0.63	0.7	T
A	-0.39	0.77	0.83	-0.5	-0.58		0.61	0.04	-0.7	-0.82	A
CRM	-0.04	0.89	0.68	-0.36	-0.82	0.61		0.46	-0.72	-0.86	CRM
JPM	0.35	0.15	0.0	0.23	-0.2	0.04	0.46		0.12	-0.15	JPM
MRK	0.3	-0.88	-0.8	0.74	0.63	-0.7	-0.72	0.12		0.89	MRK
XOM	0.32	-0.93	-0.81	0.65	0.7	-0.82	-0.86	-0.15	0.89		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CRM	+ 0.89	MSFT
XOM	+ 0.89	MRK
UBER	+ 0.83	MSFT
A	+ 0.83	UBER
A	+ 0.77	MSFT
MRK	+ 0.74	F

High negative correlations

XOM	- 0.93	MSFT
MRK	- 0.88	MSFT
XOM	- 0.86	CRM
XOM	- 0.82	A
CRM	- 0.82	T
XOM	- 0.81	UBER

Cambria Tail Competition Risk-Adjusted Indicators

There is a big difference between Cambria Etf performing well and Cambria Tail ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Cambria Tail's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.52	0.05	0.02	0.12	1.51	(1.78)	3.43	(2.81)	13.69
MSFT	1.34	(0.43)	0.00	(0.88)	0.00	0.00	1.90	(2.87)	13.28
UBER	1.61	(0.43)	0.00	(0.57)	0.00	0.00	2.46	(4.25)	11.09
F	1.23	0.05	0.03	0.12	1.22	(1.46)	3.34	(2.30)	7.16
T	1.02	0.20	0.11	(1.79)	0.92	(1.18)	3.87	(1.76)	7.44
A	1.26	(0.29)	0.00	(0.20)	0.00	0.00	2.90	(2.72)	7.85
CRM	1.71	(0.48)	0.00	(0.39)	0.00	0.00	2.94	(4.75)	12.37
JPM	1.24	(0.10)	(0.04)	0.00	1.80	(1.29)	2.34	(3.11)	7.38
MRK	1.28	0.41	0.28	0.75	0.98	(1.50)	2.93	(1.98)	8.74
XOM	1.30	0.38	0.22	3.43	1.12	(1.49)	2.90	(2.44)	6.83

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC