NMBL vs. TFPN

Last updated Jun 4, 2026

NMBL (NovaTide Flexible Allocation ETF) and TFPN (Blueprint Chesapeake Multi-Asset Trend ETF) are both Global Allocation funds. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined. NMBL charges 1.99%/yr vs 1.10%/yr for TFPN.

Performance

NMBL vs. TFPN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NovaTide Flexible Allocation ETF (NMBL) and Blueprint Chesapeake Multi-Asset Trend ETF (TFPN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NMBL achieves a 5.30% return, which is significantly lower than TFPN's 27.01% return.

NMBL

• 1D: -1.07%
• 1M: 0.88%
• YTD: 5.30%
• 6M: 5.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TFPN

• 1D: 0.91%
• 1M: 5.79%
• YTD: 27.01%
• 6M: 28.49%
• 1Y: 45.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NMBL vs. TFPN - Yearly Performance Comparison

	2026 (YTD)	2025
NMBL NovaTide Flexible Allocation ETF	5.30%	-0.27%
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	27.01%	0.69%

Correlation

The correlation between NMBL and TFPN is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.64

Return for Risk

NMBL vs. TFPN — Risk / Return Rank

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

TFPN

TFPN Risk / Return Rank: 91
TFPN Sharpe Ratio Rank: 92
TFPN Sortino Ratio Rank: 92
TFPN Omega Ratio Rank: 91
TFPN Calmar Ratio Rank: 92
TFPN Martin Ratio Rank: 91

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.

NMBL vs. TFPN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NovaTide Flexible Allocation ETF (NMBL) and Blueprint Chesapeake Multi-Asset Trend ETF (TFPN). 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

	NMBL	TFPN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.83	-0.09

Drawdowns

NMBL vs. TFPN - Drawdown Comparison

The maximum NMBL drawdown since its inception was -8.05%, smaller than the maximum TFPN drawdown of -16.72%. Use the drawdown chart below to compare losses from any high point for NMBL and TFPN.

Drawdown Indicators

	NMBL	TFPN	Difference
Max Drawdown Largest peak-to-trough decline	-8.05%	-16.72%	+8.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.47%	—
Current Drawdown Current decline from peak	-1.36%	0.00%	-1.36%
Average Drawdown Average peak-to-trough decline	-1.93%	-4.89%	+2.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.14%	—

Volatility

Volatility by Period

	NMBL	TFPN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.91%	13.70%	-1.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.91%	12.53%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.91%	12.53%	-0.62%

NMBL vs. TFPN - Expense Ratio Comparison

NMBL has a 1.99% expense ratio, which is higher than TFPN's 1.10% expense ratio.

Dividends

NMBL vs. TFPN - Dividend Comparison

NMBL's dividend yield for the trailing twelve months is around 0.88%, while TFPN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
NMBL NovaTide Flexible Allocation ETF	0.88%	0.93%	0.00%	0.00%
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	0.00%	0.00%	0.94%	0.98%

Frequently Asked Questions

Can I hold both NMBL and TFPN in my portfolio?

NMBL and TFPN have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NMBL or TFPN?

On fees, TFPN is cheaper at 1.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NMBL or TFPN?

TFPN is cheaper with a 1.10% expense ratio, compared with 1.99% for NMBL.

Which ETF pays a higher dividend yield, NMBL or TFPN?

NMBL has the higher dividend yield at 0.88%, compared with 0.00% for TFPN.

What is the main difference between NMBL and TFPN?

They also come from different issuers: NovaTide and Tidal ETFs. Their fees differ too: 1.99% for NMBL and 1.10% for TFPN.