GPTUX vs. PBAIX
GPTUX (GuidePath Tactical Allocation Fund) and PBAIX (BlackRock Tactical Opportunities Fund Institutional Class) are both Tactical Allocation funds. Over the past 10 years, GPTUX returned 9.29%/yr vs 6.18%/yr for PBAIX. At a 0.36 correlation, their price movements are largely independent. GPTUX charges 0.79%/yr vs 0.77%/yr for PBAIX.
Performance
GPTUX vs. PBAIX - Performance Comparison
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Returns By Period
In the year-to-date period, GPTUX achieves a 7.41% return, which is significantly lower than PBAIX's 9.74% return. Over the past 10 years, GPTUX has outperformed PBAIX with an annualized return of 9.29%, while PBAIX has yielded a comparatively lower 6.18% annualized return.
GPTUX
- 1D
- 1.21%
- 1M
- 1.28%
- YTD
- 7.41%
- 6M
- 6.50%
- 1Y
- 19.03%
- 3Y*
- 14.26%
- 5Y*
- 10.80%
- 10Y*
- 9.29%
PBAIX
- 1D
- 0.23%
- 1M
- 0.17%
- YTD
- 9.74%
- 6M
- 9.19%
- 1Y
- 14.07%
- 3Y*
- 9.55%
- 5Y*
- 7.49%
- 10Y*
- 6.18%
GPTUX vs. PBAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GPTUX GuidePath Tactical Allocation Fund | 7.41% | 7.08% | 20.29% | 14.85% | -6.15% | 19.72% | -3.42% | 20.50% | -4.54% | 18.93% |
PBAIX BlackRock Tactical Opportunities Fund Institutional Class | 9.74% | 6.46% | 12.08% | 2.64% | 6.14% | 0.50% | 6.91% | 1.65% | 4.68% | 8.05% |
Correlation
The correlation between GPTUX and PBAIX is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012 | 0.36 |
The correlation between GPTUX and PBAIX shifts across timeframes, from -0.03 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GPTUX vs. PBAIX — Risk / Return Rank
GPTUX
PBAIX
GPTUX vs. PBAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GuidePath Tactical Allocation Fund (GPTUX) and BlackRock Tactical Opportunities Fund Institutional Class (PBAIX). 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.
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.
| GPTUX | PBAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.45 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 4.41 | -2.07 |
| Martin ratioReturn relative to average drawdown | 8.84 | 10.84 | -2.00 |
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Drawdowns
GPTUX vs. PBAIX - Drawdown Comparison
The maximum GPTUX drawdown since its inception was -22.84%, smaller than the maximum PBAIX drawdown of -39.26%. Use the drawdown chart below to compare losses from any high point for GPTUX and PBAIX.
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Drawdown Indicators
| GPTUX | PBAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.84% | -39.26% | +16.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -2.99% | -5.32% |
Max Drawdown (3Y)Largest decline over 3 years | -16.31% | -6.79% | -9.52% |
Max Drawdown (5Y)Largest decline over 5 years | -16.31% | -6.79% | -9.52% |
Max Drawdown (10Y)Largest decline over 10 years | -22.84% | -8.94% | -13.90% |
Current DrawdownCurrent decline from peak | -0.42% | -0.52% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -4.31% | -4.29% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 1.21% | +0.98% |
Volatility
GPTUX vs. PBAIX - Volatility Comparison
GuidePath Tactical Allocation Fund (GPTUX) has a higher volatility of 5.18% compared to BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) at 1.27%. This indicates that GPTUX's price experiences larger fluctuations and is considered to be riskier than PBAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GPTUX | PBAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 1.27% | +3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 10.22% | 4.65% | +5.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.94% | 5.72% | +7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 6.43% | +6.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.97% | 6.13% | +6.84% |
GPTUX vs. PBAIX - Expense Ratio Comparison
GPTUX has a 0.79% expense ratio, which is higher than PBAIX's 0.77% expense ratio.
Dividends
GPTUX vs. PBAIX - Dividend Comparison
GPTUX's dividend yield for the trailing twelve months is around 7.79%, while PBAIX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GPTUX GuidePath Tactical Allocation Fund | 7.79% | 8.37% | 6.41% | 1.24% | 4.81% | 10.27% | 4.82% | 4.34% | 4.68% | 3.43% | 1.05% | 1.05% |
PBAIX BlackRock Tactical Opportunities Fund Institutional Class | 0.00% | 0.00% | 0.00% | 11.84% | 3.52% | 0.00% | 2.71% | 3.39% | 10.17% | 0.86% | 1.74% | 5.15% |
Frequently Asked Questions
GPTUX and PBAIX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GPTUX has higher volatility (5.18%) compared to PBAIX (1.27%). In terms of maximum drawdown, GPTUX dropped -22.84% vs PBAIX's -39.26%.
PBAIX currently has the higher Sharpe Ratio (2.30 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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