TAIL: VXZ May Be A Better Hedge, With A Caveat
2026-02-09 09:00:32 ET
With major stock indexes at all-time highs, some investors may want to protect a part of their gains against market downside. In this context, Cambria has a compelling elevator pitch:
Research performed by Cambria suggests that, historically, a portfolio of puts purchased on the broad market can help to protect and diversify a traditional long-only portfolio from market downturns.
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TAIL: VXZ May Be A Better Hedge, With A CaveatNASDAQ: TAIL
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