TACK vs. MOOD
Compare and contrast key facts about Fairlead Tactical Sector Fund (TACK) and Relative Sentiment Tactical Allocation ETF (MOOD).
TACK and MOOD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TACK is an actively managed fund by Fairlead. It was launched on Mar 22, 2022. MOOD is an actively managed fund by Relative Sentiment. It was launched on May 18, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TACK or MOOD.
Key characteristics
| TACK | MOOD | |
|---|---|---|
| YTD Return | 15.50% | 14.54% |
| 1Y Return | 22.42% | 19.64% |
| Sharpe Ratio | 2.19 | 2.38 |
| Sortino Ratio | 3.06 | 3.29 |
| Omega Ratio | 1.39 | 1.45 |
| Calmar Ratio | 3.00 | 3.49 |
| Martin Ratio | 12.40 | 16.38 |
| Ulcer Index | 1.78% | 1.18% |
| Daily Std Dev | 10.06% | 8.14% |
| Max Drawdown | -13.43% | -14.34% |
| Current Drawdown | -1.25% | -1.56% |
Correlation
The correlation between TACK and MOOD is 0.68, 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. MOOD - Performance Comparison
In the year-to-date period, TACK achieves a 15.50% return, which is significantly higher than MOOD's 14.54% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TACK vs. MOOD - Expense Ratio Comparison
TACK has a 0.76% expense ratio, which is higher than MOOD's 0.68% expense ratio.
Risk-Adjusted Performance
TACK vs. MOOD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fairlead Tactical Sector Fund (TACK) and Relative Sentiment Tactical Allocation ETF (MOOD). 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.
Dividends
TACK vs. MOOD - Dividend Comparison
TACK's dividend yield for the trailing twelve months is around 1.19%, more than MOOD's 1.17% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
TACK Fairlead Tactical Sector Fund | 1.19% | 1.30% | 0.90% |
MOOD Relative Sentiment Tactical Allocation ETF | 1.17% | 1.34% | 1.43% |
Drawdowns
TACK vs. MOOD - Drawdown Comparison
The maximum TACK drawdown since its inception was -13.43%, smaller than the maximum MOOD drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for TACK and MOOD. For additional features, visit the drawdowns tool.
Volatility
TACK vs. MOOD - Volatility Comparison
Fairlead Tactical Sector Fund (TACK) has a higher volatility of 2.84% compared to Relative Sentiment Tactical Allocation ETF (MOOD) at 2.14%. This indicates that TACK's price experiences larger fluctuations and is considered to be riskier than MOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.