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TFA Tactical Income Fund (TFAZX) Sortino Ratio: 1.41

Mutual Fund · Currency in USD · Last updated Jul 17, 2026

The fund invests, under normal circumstances, at least 80% of its net assets in income-producing securities. These securities include both debt and equity securities. The fund normally invests at least 50% of its total assets in ETFs that invest in both domestic and foreign U.S. Dollar-denominated securities, including leveraged fixed-income ETFs.

TFAZX's Sortino Ratio of 1.41 indicates that for each unit of downside volatility, it generates 1.41 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 17, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

TFAZX Sortino Ratio Rank

TFAZX Sortino Ratio Rank: 17.918
Concerning

TFAZX ranks above 17.9% of all investments in our database based on Sortino Ratio over the past 12 months, indicating weak returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Weak downside-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or implementing downside hedges
  • Review higher-ranked alternatives in the same category

TFAZX Sortino Ratio Market Positioning

The chart shows TFAZX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.

  • Red zone (bottom 25%): 1.72 or lower
  • Yellow zone (middle 50%): 1.72 to 2.92
  • Green zone (top 25%): 2.92 or higher
  • Top 1%: 8.77+
  • Median: 2.39 — half of all investments score higher

How it compares to other similar mutual funds

The table compares TFA Tactical Income Fund's Sortino Ratio with other mutual funds in the Nontraditional Bonds category across multiple time periods, showing how TFAZX'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 Jul 17, 2026.

SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
CELFXCliffwater Enhanced Lending Fund35.94
CBYYXVictory Pioneer Cat Bond Fund Class Y32.45
SCFZXPGIM Securitized Credit Fund19.72
EIGMXEaton Vance Global Macro Absolute Return Fund9.82
EGRIXEaton Vance Global Macro Absolute Return Advantage Fund7.59
APFPXArtisan Global Unconstrained Fund6.70
DFLEXDoubleLine Flexible Income Fund6.32
GMODXGMO Opportunistic Income Fund6.08
PADZXPGIM Absolute Return Bond Fund5.80
AFLIXAnfield Universal Fixed Income Fund5.20
TFAZXTFA Tactical Income Fund1.41

S&P 500 Index

How to choose period

Historical Sortino Ratio

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

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

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