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Fairlead Tactical Sector Fund (TACK) Sharpe Ratio: 1.39

ETF · Currency in USD · Last updated Jun 3, 2026

TACK is an actively managed ETF by Fairlead. TACK launched on Mar 22, 2022 and has a 0.76% expense ratio.

TACK's Sharpe Ratio of 1.39 indicates that for each unit of volatility, it generates 1.39 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

TACK Sharpe Ratio Rank

TACK Sharpe Ratio Rank: 38.639
Below Average

TACK ranks above 38.6% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

TACK Sharpe Ratio Market Positioning

The chart shows TACK's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.90 or lower
  • Yellow zone (middle 50%): 0.90 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 7.78+
  • Median: 1.77 — half of all investments score higher

How it compares to other similar ETFs

The table compares Fairlead Tactical Sector Fund's Sharpe Ratio with other ETFs in the Tactical Allocation category across multiple time periods, showing how TACK's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
RHRXRH Tactical Rotation ETF3.22
QQWZPacer Cash COWZ 100-Nasdaq 100 Rotator ETF2.86
LEXIAlexis Practical Tactical ETF2.83
CLSMCabana Target Leading Sector Moderate ETF2.79
MOODRelative Sentiment Tactical Allocation ETF2.63
TBFGThe Brinsmere Fund - Growth ETF2.61
TRTYCambria Trinity ETF2.56
TDSBCabana Target Drawdown 7 ETF2.53
COROiShares International Country Rotation Active ETF2.50
ALLWSPDR Bridgewater All Weather ETF2.34
TACKFairlead Tactical Sector Fund1.39

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows TACK's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when TACK consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does TACK fit in your portfolio?

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