TACK vs. SWAN
Compare and contrast key facts about Fairlead Tactical Sector Fund (TACK) and Amplify BlackSwan Growth & Treasury Core ETF (SWAN).
TACK and SWAN 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. SWAN is a passively managed fund by Amplify Investments that tracks the performance of the S-Network BlackSwan Core Index. It was launched on Nov 6, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TACK or SWAN.
Key characteristics
| TACK | SWAN | |
|---|---|---|
| YTD Return | 16.36% | 16.24% |
| 1Y Return | 24.98% | 28.50% |
| Sharpe Ratio | 2.47 | 2.52 |
| Sortino Ratio | 3.45 | 3.60 |
| Omega Ratio | 1.44 | 1.44 |
| Calmar Ratio | 2.92 | 1.03 |
| Martin Ratio | 14.08 | 14.83 |
| Ulcer Index | 1.78% | 1.90% |
| Daily Std Dev | 10.15% | 11.17% |
| Max Drawdown | -13.43% | -31.04% |
| Current Drawdown | -0.52% | -6.61% |
Correlation
The correlation between TACK and SWAN is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TACK vs. SWAN - Performance Comparison
The year-to-date returns for both stocks are quite close, with TACK having a 16.36% return and SWAN slightly lower at 16.24%. 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. SWAN - Expense Ratio Comparison
TACK has a 0.76% expense ratio, which is higher than SWAN's 0.49% expense ratio.
Risk-Adjusted Performance
TACK vs. SWAN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fairlead Tactical Sector Fund (TACK) and Amplify BlackSwan Growth & Treasury Core ETF (SWAN). 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. SWAN - Dividend Comparison
TACK's dividend yield for the trailing twelve months is around 1.18%, less than SWAN's 2.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
TACK Fairlead Tactical Sector Fund | 1.18% | 1.30% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% |
SWAN Amplify BlackSwan Growth & Treasury Core ETF | 2.43% | 2.97% | 2.11% | 5.04% | 1.64% | 3.69% | 0.29% |
Drawdowns
TACK vs. SWAN - Drawdown Comparison
The maximum TACK drawdown since its inception was -13.43%, smaller than the maximum SWAN drawdown of -31.04%. Use the drawdown chart below to compare losses from any high point for TACK and SWAN. For additional features, visit the drawdowns tool.
Volatility
TACK vs. SWAN - Volatility Comparison
The current volatility for Fairlead Tactical Sector Fund (TACK) is 2.82%, while Amplify BlackSwan Growth & Treasury Core ETF (SWAN) has a volatility of 3.21%. This indicates that TACK experiences smaller price fluctuations and is considered to be less risky than SWAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.