- Issuer
- Tidal ETFs
- Inception Date
- Jul 11, 2023
- Category
- Global Allocation
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Multi-Asset
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $164M
Share Price Chart
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Performance
TFPN Performance Chart
Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is up 26.5% since the beginning of the year. TFPN is currently trading at $32 per share.
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Returns By Period
Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) has returned 26.49% so far this year and 44.75% over the past 12 months.
Blueprint Chesapeake Multi-Asset Trend ETF
- 1D
- 0.21%
- 1M
- 3.17%
- YTD
- 26.49%
- 6M
- 25.16%
- 1Y
- 44.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
TFPN Monthly Returns History
Based on dividend-adjusted daily data since Jul 12, 2023, TFPN's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2026 with a return of +10.5%, while the worst month was Feb 2025 at -6.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, TFPN closed higher 55% of trading days. The best single day was Feb 9, 2026 with a return of +2.7%, while the worst single day was Jun 5, 2026 at -3.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.41% | 3.93% | -5.66% | 10.49% | 3.52% | 2.15% | 26.49% | ||||||
| 2025 | 0.91% | -6.49% | -3.91% | -1.96% | 0.41% | 3.68% | 1.37% | 1.82% | 4.81% | 2.79% | -1.16% | 1.86% | 3.61% |
| 2024 | -0.29% | 3.39% | 3.50% | -2.90% | 3.09% | -2.23% | -0.59% | -3.28% | 1.35% | -2.54% | 6.87% | -3.14% | 2.67% |
| 2023 | 1.04% | -0.73% | -0.22% | 0.76% | -2.69% | 0.04% | -1.83% |
Benchmark Metrics
Blueprint Chesapeake Multi-Asset Trend ETF has an annualized alpha of 2.09%, beta of 0.44, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since July 12, 2023.
- This ETF participated in 63.83% of S&P 500 Index downside but only 50.61% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.44 may look defensive, but with R2 of 0.26 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.26 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.09%
- Beta
- 0.44
- R²
- 0.26
- Upside Capture
- 50.61%
- Downside Capture
- 63.83%
Expense Ratio
TFPN has a high expense ratio of 1.10%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
TFPN ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TFPN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.37 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 6.02 | 2.78 | +3.24 |
| Martin ratioReturn relative to average drawdown | 19.95 | 12.44 | +7.51 |
Dividends
Dividend History
Blueprint Chesapeake Multi-Asset Trend ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.23 | $0.24 |
Dividend yield | 0.00% | 0.00% | 0.94% | 0.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Blueprint Chesapeake Multi-Asset Trend ETF. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2023 | $0.24 | $0.24 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Blueprint Chesapeake Multi-Asset Trend ETF. 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 Blueprint Chesapeake Multi-Asset Trend ETF was 16.72%, occurring on Apr 8, 2025. Recovery took 178 trading sessions.
The current Blueprint Chesapeake Multi-Asset Trend ETF drawdown is 0.50%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -16.72%Apr 2025 | 10mo 8d | 8mo 18d | 1y 6moJun 2024 - Dec 2025 |
2026 pullback2026 | -7.47%Mar 2026 | 22d | 24d | 1mo 16dFeb 2026 - Apr 2026 |
2026 pullback2026 | -6.10%Jun 2026 | 5d | — | 18d 4hJun 2026 - now |
2023 pullback2023 | -5.18%Dec 2023 | 4mo 28d | 2mo 21d | 7mo 19dJul 2023 - Mar 2024 |
2026 pullback2026 | -4.67%Feb 2026 | 7d | 15d | 22dJan 2026 - Feb 2026 |
Drawdown Indicators
| TFPN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.72% | -56.78% | +40.06% |
Max Drawdown (1Y)Largest decline over 1 year | -7.47% | -9.10% | +1.63% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.50% | -1.80% | +1.30% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -10.71% | +5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 2.03% | +0.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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