Which stocks are most correlated with TAIL?

Based on one year of daily returns, the stocks most correlated with Cambria Tail Risk ETF (TAIL) are VXX (0.79), UVIX (0.79) and VIXY (0.79). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with TAIL?

Over the past year, the stocks most inversely correlated with Cambria Tail Risk ETF (TAIL) are XTOC (-0.81), XSEP (-0.81) and XBOC (-0.81). A negative correlation means the two stocks have tended to move in opposite directions.

Cambria Tail Risk ETF (TAIL) — Stock Correlations & Overview

Over the past year, TAIL has moved most closely with VXX, UVIX, VIXY. Explore the stocks most correlated and inversely correlated with TAIL below, along with its price, financials, and company profile.

Stocks correlated with TAIL

Correlation of daily returns. Higher positive values move with TAIL; negative values move opposite it. Informational only, not investment advice.

Most correlated with TAIL

Symbol	Company	Correlation
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	0.79
UVIX	2x Long VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.79
VIXY	ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.79
UVXY	ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.79
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	0.74

Most inversely correlated with TAIL

Symbol	Company	Correlation
XTOC	Innovator U.S. Equity Accelerated Plus ETF - October	-0.81
XSEP	FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September	-0.81
XBOC	Innovator U.S. Equity Accelerated 9 Buffer ETF - October	-0.81
QTOC	Innovator Growth Accelerated Plus ETF - October	-0.80
SIXP	AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF	-0.80

Frequently asked questions about TAIL correlations

Which stocks are most correlated with TAIL?: Based on one year of daily returns, the stocks most correlated with Cambria Tail Risk ETF (TAIL) are VXX (0.79), UVIX (0.79) and VIXY (0.79). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with TAIL?: Over the past year, the stocks most inversely correlated with Cambria Tail Risk ETF (TAIL) are XTOC (-0.81), XSEP (-0.81) and XBOC (-0.81). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these TAIL correlations calculated?: We compute the correlation of daily returns between TAIL and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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