TACK vs. ^GSPC
Compare and contrast key facts about Fairlead Tactical Sector Fund (TACK) and S&P 500 (^GSPC).
TACK is an actively managed fund by Fairlead. It was launched on Mar 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TACK or ^GSPC.
Correlation
The correlation between TACK and ^GSPC is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TACK vs. ^GSPC - Performance Comparison
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Key characteristics
TACK:
0.59
^GSPC:
0.64
TACK:
1.00
^GSPC:
1.09
TACK:
1.14
^GSPC:
1.16
TACK:
0.63
^GSPC:
0.72
TACK:
2.31
^GSPC:
2.74
TACK:
3.93%
^GSPC:
4.95%
TACK:
14.18%
^GSPC:
19.62%
TACK:
-14.49%
^GSPC:
-56.78%
TACK:
-3.33%
^GSPC:
-3.02%
Returns By Period
In the year-to-date period, TACK achieves a 2.44% return, which is significantly higher than ^GSPC's 1.30% return.
TACK
2.44%
7.13%
-0.10%
8.37%
N/A
N/A
^GSPC
1.30%
12.94%
1.49%
12.48%
15.82%
10.87%
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Risk-Adjusted Performance
TACK vs. ^GSPC — Risk-Adjusted Performance Rank
TACK
^GSPC
TACK vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fairlead Tactical Sector Fund (TACK) and S&P 500 (^GSPC). 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.
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Drawdowns
TACK vs. ^GSPC - Drawdown Comparison
The maximum TACK drawdown since its inception was -14.49%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for TACK and ^GSPC. For additional features, visit the drawdowns tool.
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Volatility
TACK vs. ^GSPC - Volatility Comparison
The current volatility for Fairlead Tactical Sector Fund (TACK) is 3.10%, while S&P 500 (^GSPC) has a volatility of 5.42%. This indicates that TACK experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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