TACK vs. ESBG
TACK (Fairlead Tactical Sector Fund) and ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) are both Tactical Allocation funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. TACK charges 0.76%/yr vs 0.95%/yr for ESBG.
Performance
TACK vs. ESBG - Performance Comparison
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Returns By Period
In the year-to-date period, TACK achieves a 4.86% return, which is significantly lower than ESBG's 5.13% return.
TACK
- 1D
- 0.13%
- 1M
- 1.95%
- YTD
- 4.86%
- 6M
- 5.12%
- 1Y
- 13.26%
- 3Y*
- 11.07%
- 5Y*
- —
- 10Y*
- —
ESBG
- 1D
- -1.16%
- 1M
- 1.36%
- YTD
- 5.13%
- 6M
- 6.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TACK vs. ESBG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TACK Fairlead Tactical Sector Fund | 4.86% | 2.62% |
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 5.13% | 5.72% |
Correlation
The correlation between TACK and ESBG is 0.61, 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 20, 2025 | 0.61 |
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Return for Risk
TACK vs. ESBG — Risk / Return Rank
TACK
ESBG
TACK vs. ESBG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fairlead Tactical Sector Fund (TACK) and First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). 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 | ESBG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | — | — |
| Martin ratioReturn relative to average drawdown | 7.16 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TACK | ESBG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.88 | -0.27 |
Drawdowns
TACK vs. ESBG - Drawdown Comparison
The maximum TACK drawdown since its inception was -14.49%, smaller than the maximum ESBG drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TACK and ESBG.
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Drawdown Indicators
| TACK | ESBG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.49% | -18.84% | +4.35% |
Max Drawdown (1Y)Largest decline over 1 year | -5.85% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.49% | — | — |
Current DrawdownCurrent decline from peak | -1.21% | -10.85% | +9.64% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -6.24% | +2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | — | — |
Volatility
TACK vs. ESBG - Volatility Comparison
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Volatility by Period
| TACK | ESBG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.43% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.06% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.46% | 25.27% | -15.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.23% | 25.27% | -14.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.23% | 25.27% | -14.04% |
TACK vs. ESBG - Expense Ratio Comparison
TACK has a 0.76% expense ratio, which is lower than ESBG's 0.95% expense ratio.
Dividends
TACK vs. ESBG - Dividend Comparison
TACK's dividend yield for the trailing twelve months is around 1.21%, more than ESBG's 0.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 0.58% | 0.24% | 0.00% | 0.00% | 0.00% |
TACK Fairlead Tactical Sector Fund | 1.21% | 1.18% | 1.26% | 1.29% | 0.89% |
Frequently Asked Questions
TACK and ESBG have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
TACK is cheaper with a 0.76% expense ratio, compared with 0.95% for ESBG.
TACK has the higher dividend yield at 1.21%, compared with 0.58% for ESBG.
They also come from different issuers: Fairlead and First Trust. Their fees differ too: 0.76% for TACK and 0.95% for ESBG.
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