TACK vs. EZRO

Last updated Jun 24, 2026

TACK (Fairlead Tactical Sector Fund) and EZRO (AlphaDroid Defensive Sector Rotation ETF) are both Tactical Allocation funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. TACK charges 0.76%/yr vs 1.01%/yr for EZRO.

Performance

TACK vs. EZRO - Performance Comparison

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

Returns By Period

In the year-to-date period, TACK achieves a 5.30% return, which is significantly higher than EZRO's 1.82% return.

TACK

• 1D: -0.06%
• 1M: 0.46%
• YTD: 5.30%
• 6M: 4.38%
• 1Y: 13.21%
• 3Y*: 11.21%
• 5Y*: —
• 10Y*: —

EZRO

• 1D: -3.25%
• 1M: -8.26%
• YTD: 1.82%
• 6M: 0.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TACK vs. EZRO - Yearly Performance Comparison

	2026 (YTD)	2025
TACK Fairlead Tactical Sector Fund	5.30%	-0.28%
EZRO AlphaDroid Defensive Sector Rotation ETF	1.82%	-3.19%

Correlation

The correlation between TACK and EZRO is 0.58, 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 Oct 16, 2025	0.58

Return for Risk

TACK vs. EZRO — Risk / Return Rank

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

TACK

TACK Risk / Return Rank: 43
TACK Sharpe Ratio Rank: 41
TACK Sortino Ratio Rank: 41
TACK Omega Ratio Rank: 37
TACK Calmar Ratio Rank: 48
TACK Martin Ratio Rank: 46

EZRO

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

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. EZRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fairlead Tactical Sector Fund (TACK) and AlphaDroid Defensive Sector Rotation ETF (EZRO). 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.

	TACK	EZRO	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	1.97	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.27	—	—
Martin ratio: Return relative to average drawdown	7.08	—	—

Drawdowns

TACK vs. EZRO - Drawdown Comparison

The maximum TACK drawdown since its inception was -14.49%, which is greater than EZRO's maximum drawdown of -12.08%. Use the drawdown chart below to compare losses from any high point for TACK and EZRO.

Drawdown Indicators

	TACK	EZRO	Difference
Max Drawdown Largest peak-to-trough decline	-14.49%	-12.08%	-2.41%
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	-0.82%	-9.62%	+8.80%
Average Drawdown Average peak-to-trough decline	-4.19%	-3.92%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	—	—

Volatility

Volatility by Period

	TACK	EZRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.68%	20.94%	-11.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.23%	20.94%	-9.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.23%	20.94%	-9.71%

TACK vs. EZRO - Expense Ratio Comparison

TACK has a 0.76% expense ratio, which is lower than EZRO's 1.01% expense ratio.

Dividends

TACK vs. EZRO - Dividend Comparison

TACK's dividend yield for the trailing twelve months is around 1.21%, while EZRO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
EZRO AlphaDroid Defensive Sector Rotation ETF	0.00%	0.00%	0.00%	0.00%	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 EZRO in my portfolio?

TACK and EZRO have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TACK or EZRO?

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, TACK or EZRO?

TACK is cheaper with a 0.76% expense ratio, compared with 1.01% for EZRO.

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

TACK has the higher dividend yield at 1.21%, compared with 0.00% for EZRO.

What is the main difference between TACK and EZRO?

They also come from different issuers: Fairlead and AlphaDroid. Their fees differ too: 0.76% for TACK and 1.01% for EZRO.