TANDX vs. BFSAX

Last updated Jun 23, 2026

TANDX (Castle Tandem Fund) and BFSAX (BFS Equity Fund) are both Large Cap Blend Equities funds. A 0.68 correlation means they provide meaningful diversification when combined. TANDX charges 1.59%/yr vs 1.25%/yr for BFSAX.

Performance

TANDX vs. BFSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Castle Tandem Fund (TANDX) and BFS Equity Fund (BFSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TANDX

• 1D: 0.10%
• 1M: -2.00%
• YTD: -13.30%
• 6M: -13.91%
• 1Y: -14.06%
• 3Y*: 0.39%
• 5Y*: 1.69%
• 10Y*: —

BFSAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TANDX vs. BFSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TANDX Castle Tandem Fund	-13.30%	3.67%	7.66%	8.42%	-7.87%	19.03%	13.39%	12.57%
BFSAX BFS Equity Fund	0.00%	0.00%	0.00%	8.75%	-18.53%	24.95%	10.46%	14.31%

Correlation

The correlation between TANDX and BFSAX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Mar 22, 2019	0.68

The correlation between TANDX and BFSAX shifts across timeframes, from 0.26 (3 years) to 0.68 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TANDX vs. BFSAX — Risk / Return Rank

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

TANDX

TANDX Risk / Return Rank: 0
TANDX Sharpe Ratio Rank: 0
TANDX Sortino Ratio Rank: 0
TANDX Omega Ratio Rank: 0
TANDX Calmar Ratio Rank: 0
TANDX Martin Ratio Rank: 0

BFSAX

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.

TANDX vs. BFSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Castle Tandem Fund (TANDX) and BFS Equity Fund (BFSAX). 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.

	TANDX	BFSAX	Difference
Sharpe ratio: Return per unit of total volatility	-1.51	—	—
Sortino ratio: Return per unit of downside risk	-2.03	—	—
Omega ratio: Gain probability vs. loss probability	0.77	—	—
Calmar ratio: Return relative to maximum drawdown	-0.87	—	—
Martin ratio: Return relative to average drawdown	-1.88	—	—

Drawdowns

Drawdown Indicators

	TANDX	BFSAX	Difference
Max Drawdown Largest peak-to-trough decline	-93.96%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-93.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-93.96%	—	—
Current Drawdown Current decline from peak	-93.94%	—	—
Average Drawdown Average peak-to-trough decline	-20.73%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.64%	—	—

Volatility

Volatility by Period

	TANDX	BFSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.60%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	595.80%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	494.91%	—	—

TANDX vs. BFSAX - Expense Ratio Comparison

TANDX has a 1.59% expense ratio, which is higher than BFSAX's 1.25% expense ratio.

Dividends

TANDX vs. BFSAX - Dividend Comparison

TANDX's dividend yield for the trailing twelve months is around 7.12%, while BFSAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BFSAX BFS Equity Fund	0.00%	0.00%	0.00%	0.00%	1.14%	9.63%	1.50%	1.69%	3.63%	0.32%	0.45%	0.30%
TANDX Castle Tandem Fund	7.12%	6.17%	3.71%	2.10%	1.48%	4.57%	0.33%	0.37%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TANDX and BFSAX in my portfolio?

TANDX and BFSAX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.