QVOY vs. TUGN

Last updated Jun 24, 2026

QVOY (Q3 All-Season Active Rotation ETF) and TUGN (STF Tactical Growth & Income ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past 3 years, QVOY returned 13.27%/yr vs 20.91%/yr for TUGN. A 0.69 correlation means they provide meaningful diversification when combined. QVOY charges 1.30%/yr vs 0.65%/yr for TUGN.

Performance

QVOY vs. TUGN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Q3 All-Season Active Rotation ETF (QVOY) and STF Tactical Growth & Income ETF (TUGN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QVOY achieves a 13.62% return, which is significantly lower than TUGN's 15.79% return.

QVOY

• 1D: -2.53%
• 1M: 0.97%
• YTD: 13.62%
• 6M: 12.41%
• 1Y: 29.37%
• 3Y*: 13.27%
• 5Y*: —
• 10Y*: —

TUGN

• 1D: -1.93%
• 1M: 0.55%
• YTD: 15.79%
• 6M: 14.77%
• 1Y: 31.29%
• 3Y*: 20.91%
• 5Y*: —
• 10Y*: —

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

QVOY vs. TUGN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QVOY Q3 All-Season Active Rotation ETF	13.62%	16.45%	1.55%	17.19%	-0.99%
TUGN STF Tactical Growth & Income ETF	15.79%	19.11%	18.44%	34.84%	-1.63%

Correlation

The correlation between QVOY and TUGN is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (All Time) Calculated using the full available price history since Dec 7, 2022	0.69

The correlation between QVOY and TUGN has been stable across timeframes, ranging from 0.65 to 0.69 - a consistent structural relationship.

Return for Risk

QVOY vs. TUGN — Risk / Return Rank

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

QVOY

QVOY Risk / Return Rank: 56
QVOY Sharpe Ratio Rank: 54
QVOY Sortino Ratio Rank: 46
QVOY Omega Ratio Rank: 54
QVOY Calmar Ratio Rank: 68
QVOY Martin Ratio Rank: 57

TUGN

TUGN Risk / Return Rank: 55
TUGN Sharpe Ratio Rank: 59
TUGN Sortino Ratio Rank: 55
TUGN Omega Ratio Rank: 59
TUGN Calmar Ratio Rank: 52
TUGN Martin Ratio Rank: 51

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.

QVOY vs. TUGN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Q3 All-Season Active Rotation ETF (QVOY) and STF Tactical Growth & Income ETF (TUGN). 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.

	QVOY	TUGN	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.87	-0.18
Sortino ratio: Return per unit of downside risk	2.15	2.48	-0.33
Omega ratio: Gain probability vs. loss probability	1.31	1.34	-0.03
Calmar ratio: Return relative to maximum drawdown	3.14	2.43	+0.72
Martin ratio: Return relative to average drawdown	9.30	8.24	+1.06

QVOY vs. TUGN - Sharpe Ratio Comparison

The current QVOY Sharpe Ratio is 1.69, which is comparable to the TUGN Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of QVOY and TUGN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QVOY vs. TUGN - Drawdown Comparison

The maximum QVOY drawdown since its inception was -17.05%, smaller than the maximum TUGN drawdown of -23.45%. Use the drawdown chart below to compare losses from any high point for QVOY and TUGN.

Drawdown Indicators

	QVOY	TUGN	Difference
Max Drawdown Largest peak-to-trough decline	-17.05%	-23.45%	+6.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.39%	-12.96%	+3.57%
Max Drawdown (3Y) Largest decline over 3 years	-17.05%	-21.60%	+4.55%
Current Drawdown Current decline from peak	-3.98%	-3.27%	-0.71%
Average Drawdown Average peak-to-trough decline	-3.73%	-6.38%	+2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	3.80%	-0.63%

Volatility

QVOY vs. TUGN - Volatility Comparison

Q3 All-Season Active Rotation ETF (QVOY) and STF Tactical Growth & Income ETF (TUGN) have volatilities of 8.12% and 8.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QVOY	TUGN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.12%	8.01%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	14.50%	13.65%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	17.45%	16.81%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.33%	17.32%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.33%	17.32%	-1.99%

QVOY vs. TUGN - Expense Ratio Comparison

QVOY has a 1.30% expense ratio, which is higher than TUGN's 0.65% expense ratio.

Dividends

QVOY vs. TUGN - Dividend Comparison

QVOY's dividend yield for the trailing twelve months is around 8.19%, less than TUGN's 10.82% yield.

Position	TTM	2025	2024	2023	2022
QVOY Q3 All-Season Active Rotation ETF	8.19%	9.30%	10.88%	6.03%	0.46%
TUGN STF Tactical Growth & Income ETF	10.82%	11.50%	11.84%	10.83%	7.58%

Frequently Asked Questions

Can I hold both QVOY and TUGN in my portfolio?

QVOY and TUGN have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QVOY or TUGN?

QVOY has higher volatility (8.12%) compared to TUGN (8.01%). In terms of maximum drawdown, QVOY dropped -17.05% vs TUGN's -23.45%.

Which ETF is better, QVOY or TUGN?

On 3-year performance, TUGN leads with 20.91% vs 13.27% for QVOY. On fees, TUGN is cheaper at 0.65% per year. On volatility, TUGN has been the lower-risk option at 8.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QVOY or TUGN?

Over the 3-year period, TUGN has performed better with a 20.91% return vs 13.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QVOY or TUGN?

TUGN is cheaper with a 0.65% expense ratio, compared with 1.30% for QVOY.

Which ETF pays a higher dividend yield, QVOY or TUGN?

TUGN has the higher dividend yield at 10.82%, compared with 8.19% for QVOY.

What is the main difference between QVOY and TUGN?

They also come from different issuers: Q3 and STF. Their fees differ too: 1.30% for QVOY and 0.65% for TUGN.

Which has better risk-adjusted returns?

TUGN currently has the higher Sharpe Ratio (1.87 vs 1.69), 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.