TACK vs. BSR

Last updated Jun 4, 2026

TACK (Fairlead Tactical Sector Fund) and BSR (Beacon Selective Risk ETF) are both Tactical Allocation funds. TACK is actively managed, while BSR is passively managed. Over the past 3 years, TACK returned 11.07%/yr vs 7.53%/yr for BSR. Their correlation of 0.86 suggests significant overlap in exposure. TACK charges 0.76%/yr vs 1.10%/yr for BSR.

Performance

TACK vs. BSR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fairlead Tactical Sector Fund (TACK) and Beacon Selective Risk ETF (BSR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TACK achieves a 4.86% return, which is significantly higher than BSR's 2.94% return.

TACK

• 1D: 0.13%
• 1M: 1.95%
• YTD: 4.86%
• 6M: 5.12%
• 1Y: 13.26%
• 3Y*: 11.07%
• 5Y*: —
• 10Y*: —

BSR

• 1D: -0.07%
• 1M: 0.63%
• YTD: 2.94%
• 6M: 2.86%
• 1Y: 11.15%
• 3Y*: 7.53%
• 5Y*: —
• 10Y*: —

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

TACK vs. BSR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TACK Fairlead Tactical Sector Fund	4.86%	10.93%	11.76%	3.02%
BSR Beacon Selective Risk ETF	2.94%	4.21%	12.44%	4.57%

Correlation

The correlation between TACK and BSR is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Apr 19, 2023	0.86

The correlation between TACK and BSR has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

TACK vs. BSR - Sectors Allocation Comparison

Sectors	TACK	BSR
Utilities	16.8%	14.3%
Consumer Defensive	16.7%	12.8%
Energy	16.4%	14.3%
Industrials	16.1%	12.1%
Healthcare	16.1%	12.3%
Basic Materials	14.5%	11.4%
Communication Services	12.2%	0.1%
Consumer Cyclical	2.3%	1.5%
Technology	1.1%	9.2%
Financial Services	-	0.1%
Real Estate	-	12.1%

Return for Risk

TACK vs. BSR — Risk / Return Rank

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

TACK

TACK Risk / Return Rank: 41
TACK Sharpe Ratio Rank: 39
TACK Sortino Ratio Rank: 39
TACK Omega Ratio Rank: 36
TACK Calmar Ratio Rank: 46
TACK Martin Ratio Rank: 44

BSR

BSR Risk / Return Rank: 36
BSR Sharpe Ratio Rank: 36
BSR Sortino Ratio Rank: 35
BSR Omega Ratio Rank: 36
BSR Calmar Ratio Rank: 37
BSR Martin Ratio Rank: 34

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.

TACK vs. BSR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fairlead Tactical Sector Fund (TACK) and Beacon Selective Risk ETF (BSR). 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.

	TACK	BSR	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.29	+0.11
Sortino ratio: Return per unit of downside risk	2.02	1.82	+0.21
Omega ratio: Gain probability vs. loss probability	1.24	1.23	+0.01
Calmar ratio: Return relative to maximum drawdown	2.28	1.82	+0.46
Martin ratio: Return relative to average drawdown	7.16	5.18	+1.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TACK vs. BSR - Sharpe Ratio Comparison

The current TACK Sharpe Ratio is 1.41, which is comparable to the BSR Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of TACK and BSR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TACK	BSR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	1.29	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.48	+0.14

Drawdowns

TACK vs. BSR - Drawdown Comparison

The maximum TACK drawdown since its inception was -14.49%, smaller than the maximum BSR drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for TACK and BSR.

Drawdown Indicators

	TACK	BSR	Difference
Max Drawdown Largest peak-to-trough decline	-14.49%	-15.68%	+1.19%
Max Drawdown (1Y) Largest decline over 1 year	-5.85%	-6.15%	+0.30%
Max Drawdown (3Y) Largest decline over 3 years	-14.49%	-15.68%	+1.19%
Current Drawdown Current decline from peak	-1.21%	-4.84%	+3.63%
Average Drawdown Average peak-to-trough decline	-4.23%	-4.58%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.16%	-0.30%

Volatility

TACK vs. BSR - Volatility Comparison

Fairlead Tactical Sector Fund (TACK) has a higher volatility of 2.43% compared to Beacon Selective Risk ETF (BSR) at 2.20%. This indicates that TACK's price experiences larger fluctuations and is considered to be riskier than BSR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TACK	BSR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.43%	2.20%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	7.06%	6.42%	+0.64%
Volatility (1Y) Calculated over the trailing 1-year period	9.46%	8.65%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.23%	16.27%	-5.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.23%	16.27%	-5.04%

TACK vs. BSR - Expense Ratio Comparison

TACK has a 0.76% expense ratio, which is lower than BSR's 1.10% expense ratio.

Dividends

TACK vs. BSR - Dividend Comparison

TACK's dividend yield for the trailing twelve months is around 1.21%, less than BSR's 2.81% yield.

Position	TTM	2025	2024	2023	2022
BSR Beacon Selective Risk ETF	2.81%	2.89%	0.89%	1.08%	0.00%
TACK Fairlead Tactical Sector Fund	1.21%	1.18%	1.26%	1.29%	0.89%

Frequently Asked Questions

Can I hold both TACK and BSR in my portfolio?

TACK and BSR have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TACK or BSR?

TACK has higher volatility (2.43%) compared to BSR (2.20%). In terms of maximum drawdown, TACK dropped -14.49% vs BSR's -15.68%.

Which ETF is better, TACK or BSR?

On 3-year performance, TACK leads with 11.07% vs 7.53% for BSR. On fees, TACK is cheaper at 0.76% per year. On volatility, BSR has been the lower-risk option at 2.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TACK or BSR?

Over the 3-year period, TACK has performed better with a 11.07% return vs 7.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TACK or BSR?

TACK is cheaper with a 0.76% expense ratio, compared with 1.10% for BSR.

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

BSR has the higher dividend yield at 2.81%, compared with 1.21% for TACK.

What is the main difference between TACK and BSR?

They also come from different issuers: Fairlead and American Beacon. Their fees differ too: 0.76% for TACK and 1.10% for BSR.

Which has better risk-adjusted returns?

TACK currently has the higher Sharpe Ratio (1.41 vs 1.29), 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.