QTAC vs. TACK

Last updated Jun 25, 2026

QTAC (Q3 All-Season Tactical Advantage ETF) and TACK (Fairlead Tactical Sector Fund) are both Tactical Allocation funds. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. QTAC charges 1.78%/yr vs 0.76%/yr for TACK.

Performance

QTAC vs. TACK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Q3 All-Season Tactical Advantage ETF (QTAC) and Fairlead Tactical Sector Fund (TACK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QTAC achieves a -4.70% return, which is significantly lower than TACK's 5.47% return.

QTAC

• 1D: -1.07%
• 1M: -2.62%
• YTD: -4.70%
• 6M: -6.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TACK

• 1D: 0.17%
• 1M: 0.63%
• YTD: 5.47%
• 6M: 4.21%
• 1Y: 12.91%
• 3Y*: 11.27%
• 5Y*: —
• 10Y*: —

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

QTAC vs. TACK - Yearly Performance Comparison

	2026 (YTD)	2025
QTAC Q3 All-Season Tactical Advantage ETF	-4.70%	1.87%
TACK Fairlead Tactical Sector Fund	5.47%	-0.15%

Correlation

The correlation between QTAC and TACK is 0.56, 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 Dec 16, 2025	0.56

Return for Risk

QTAC vs. TACK — Risk / Return Rank

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

QTAC

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

TACK

TACK Risk / Return Rank: 44
TACK Sharpe Ratio Rank: 43
TACK Sortino Ratio Rank: 42
TACK Omega Ratio Rank: 38
TACK Calmar Ratio Rank: 50
TACK Martin Ratio Rank: 46

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.

QTAC vs. TACK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Q3 All-Season Tactical Advantage ETF (QTAC) 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.

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.

	QTAC	TACK	Difference
Sharpe ratio: Return per unit of total volatility	—	1.35	—
Sortino ratio: Return per unit of downside risk	—	1.93	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	2.22	—
Martin ratio: Return relative to average drawdown	—	6.93	—

Drawdowns

QTAC vs. TACK - Drawdown Comparison

The maximum QTAC drawdown since its inception was -16.56%, which is greater than TACK's maximum drawdown of -14.49%. Use the drawdown chart below to compare losses from any high point for QTAC and TACK.

Drawdown Indicators

	QTAC	TACK	Difference
Max Drawdown Largest peak-to-trough decline	-16.56%	-14.49%	-2.07%
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	-8.16%	-0.65%	-7.51%
Average Drawdown Average peak-to-trough decline	-6.52%	-4.19%	-2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.87%	—

Volatility

Volatility by Period

	QTAC	TACK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.41%	9.63%	+18.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.41%	11.22%	+17.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.41%	11.22%	+17.19%

QTAC vs. TACK - Expense Ratio Comparison

QTAC has a 1.78% expense ratio, which is higher than TACK's 0.76% expense ratio.

Dividends

QTAC vs. TACK - Dividend Comparison

QTAC's dividend yield for the trailing twelve months is around 0.06%, less than TACK's 1.20% yield.

Position	TTM	2025	2024	2023	2022
QTAC Q3 All-Season Tactical Advantage ETF	0.06%	0.05%	0.00%	0.00%	0.00%
TACK Fairlead Tactical Sector Fund	1.20%	1.18%	1.26%	1.29%	0.89%

Frequently Asked Questions

Can I hold both QTAC and TACK in my portfolio?

QTAC and TACK have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QTAC 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, QTAC or TACK?

TACK is cheaper with a 0.76% expense ratio, compared with 1.78% for QTAC.

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

TACK has the higher dividend yield at 1.20%, compared with 0.06% for QTAC.

What is the main difference between QTAC and TACK?

They also come from different issuers: Q3 Asset Management and Fairlead. Their fees differ too: 1.78% for QTAC and 0.76% for TACK.