DWAT vs. TACK

Last updated Jun 4, 2026

DWAT (Arrow DWA Tactical: Macro ETF) and TACK (Fairlead Tactical Sector Fund) are both Tactical Allocation funds. Both are actively managed. DWAT charges 1.83%/yr vs 0.76%/yr for TACK.

Performance

DWAT vs. TACK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow DWA Tactical: Macro ETF (DWAT) and Fairlead Tactical Sector Fund (TACK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TACK

• 1D: 0.13%
• 1M: 1.95%
• YTD: 4.86%
• 6M: 5.12%
• 1Y: 13.26%
• 3Y*: 11.07%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DWAT vs. TACK - Yearly Performance Comparison

	2026 (YTD)
DWAT Arrow DWA Tactical: Macro ETF	0.00%
TACK Fairlead Tactical Sector Fund	1.58%

DWAT vs. TACK - Sectors Allocation Comparison

Sectors	DWAT	TACK
Financial Services	27.2%	-
Industrials	25.1%	16.1%
Technology	10.2%	1.1%
Consumer Defensive	6.5%	16.7%
Utilities	5.3%	16.8%
Healthcare	5.3%	16.1%
Consumer Cyclical	5.2%	2.3%
Real Estate	5.1%	-
Energy	4.2%	16.4%
Communication Services	3.4%	12.2%
Basic Materials	2.6%	14.5%

Return for Risk

DWAT vs. TACK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TACK

TACK Risk / Return Rank: 41
TACK Sharpe Ratio Rank: 39
TACK Sortino Ratio Rank: 39
TACK Omega Ratio Rank: 36
TACK Calmar Ratio Rank: 46
TACK Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DWAT vs. TACK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow DWA Tactical: Macro ETF (DWAT) and Fairlead Tactical Sector Fund (TACK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DWAT	TACK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.61	—

Drawdowns

DWAT vs. TACK - Drawdown Comparison

The maximum DWAT drawdown since its inception was 0.00%, smaller than the maximum TACK drawdown of -14.49%. Use the drawdown chart below to compare losses from any high point for DWAT and TACK.

Drawdown Indicators

	DWAT	TACK	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-14.49%	+14.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.85%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.49%	—
Current Drawdown Current decline from peak	0.00%	-1.21%	+1.21%
Average Drawdown Average peak-to-trough decline	0.00%	-4.23%	+4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.86%	—

Volatility

Volatility by Period

	DWAT	TACK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	9.46%	-9.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	11.23%	-11.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	11.23%	-11.23%

DWAT vs. TACK - Expense Ratio Comparison

DWAT has a 1.83% expense ratio, which is higher than TACK's 0.76% expense ratio.

Dividends

DWAT vs. TACK - Dividend Comparison

DWAT has not paid dividends to shareholders, while TACK's dividend yield for the trailing twelve months is around 1.21%.

Position	TTM	2025	2024	2023	2022
DWAT Arrow DWA Tactical: Macro ETF	0.00%	0.00%	0.00%	0.00%	0.00%
TACK Fairlead Tactical Sector Fund	1.21%	1.18%	1.26%	1.29%	0.89%

Frequently Asked Questions

Which ETF is better, DWAT or TACK?

On fees, TACK is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DWAT or TACK?

TACK is cheaper with a 0.76% expense ratio, compared with 1.83% for DWAT.

Which ETF pays a higher dividend yield, DWAT or TACK?

TACK has the higher dividend yield at 1.21%, compared with 0.00% for DWAT.

What is the main difference between DWAT and TACK?

They also come from different issuers: Arrow Funds and Fairlead. Their fees differ too: 1.83% for DWAT and 0.76% for TACK.