Fairlead Tactical Sector Fund (TACK)
TACK is an actively managed ETF by Fairlead. TACK launched on Mar 22, 2022 and has a 0.76% expense ratio.
ETF Info
| ISIN | US14064D5501 |
|---|---|
| Issuer | Fairlead |
| Inception Date | Mar 22, 2022 |
| Region | North America (U.S.) |
| Category | Tactical Allocation |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
TACK features an expense ratio of 0.76%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TACK vs. MOOD, TACK vs. QQQ, TACK vs. SWAN, TACK vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fairlead Tactical Sector Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fairlead Tactical Sector Fund had a return of 16.36% year-to-date (YTD) and 24.98% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.36% | 25.45% |
| 1 month | 1.20% | 2.91% |
| 6 months | 10.86% | 14.05% |
| 1 year | 24.98% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of TACK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.30% | 3.64% | 3.00% | -5.15% | 3.03% | 0.48% | 2.93% | 3.52% | 2.28% | -1.20% | 16.36% | ||
| 2023 | 4.70% | -4.40% | 3.80% | 0.70% | -2.69% | 0.53% | 1.32% | -1.24% | -4.40% | -1.01% | 6.51% | 4.08% | 7.43% |
| 2022 | 1.44% | -3.36% | 0.78% | -3.75% | 2.07% | -1.66% | -5.73% | 0.94% | 4.44% | -0.28% | -5.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TACK is 71, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fairlead Tactical Sector Fund (TACK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fairlead Tactical Sector Fund provided a 1.18% dividend yield over the last twelve months, with an annual payout of $0.34 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.34 | $0.32 | $0.21 |
Dividend yield | 1.18% | 1.30% | 0.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Fairlead Tactical Sector Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.25 | |
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.32 |
| 2022 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fairlead Tactical Sector Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fairlead Tactical Sector Fund was 13.43%, occurring on Sep 27, 2022. Recovery took 339 trading sessions.
The current Fairlead Tactical Sector Fund drawdown is 0.52%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.43% | Apr 21, 2022 | 110 | Sep 27, 2022 | 339 | Feb 2, 2024 | 449 |
| -5.87% | Apr 1, 2024 | 15 | Apr 19, 2024 | 56 | Jul 11, 2024 | 71 |
| -4.56% | Jul 17, 2024 | 14 | Aug 5, 2024 | 8 | Aug 15, 2024 | 22 |
| -3.29% | Sep 3, 2024 | 4 | Sep 6, 2024 | 6 | Sep 16, 2024 | 10 |
| -3.19% | Oct 21, 2024 | 11 | Nov 4, 2024 | 4 | Nov 8, 2024 | 15 |
Volatility
Volatility Chart
The current Fairlead Tactical Sector Fund volatility is 2.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.