TARKX vs. PFSLX

Last updated Jun 26, 2026

TARKX (Tarkio Fund) and PFSLX (Paradigm Select Fund) are both Mid Cap Blend Equities funds. Over the past 10 years, TARKX returned 15.74%/yr vs 17.70%/yr for PFSLX. Their correlation of 0.86 suggests significant overlap in exposure. TARKX charges 1.00%/yr vs 1.16%/yr for PFSLX.

Performance

TARKX vs. PFSLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tarkio Fund (TARKX) and Paradigm Select Fund (PFSLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TARKX achieves a 23.23% return, which is significantly lower than PFSLX's 45.18% return. Over the past 10 years, TARKX has underperformed PFSLX with an annualized return of 15.74%, while PFSLX has yielded a comparatively higher 17.70% annualized return.

TARKX

• 1D: 2.71%
• 1M: -0.18%
• YTD: 23.23%
• 6M: 20.89%
• 1Y: 56.94%
• 3Y*: 28.59%
• 5Y*: 11.12%
• 10Y*: 15.74%

PFSLX

• 1D: 1.77%
• 1M: 7.37%
• YTD: 45.18%
• 6M: 41.94%
• 1Y: 78.07%
• 3Y*: 28.93%
• 5Y*: 14.44%
• 10Y*: 17.70%

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

TARKX vs. PFSLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TARKX Tarkio Fund	23.23%	30.18%	21.72%	26.33%	-30.39%	24.41%	27.00%	29.54%	-23.30%	29.04%
PFSLX Paradigm Select Fund	45.18%	13.27%	16.73%	26.94%	-26.44%	31.16%	26.05%	38.32%	-9.93%	16.13%

Correlation

The correlation between TARKX and PFSLX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 30, 2011	0.86

The correlation between TARKX and PFSLX has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.

Return for Risk

TARKX vs. PFSLX — Risk / Return Rank

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

TARKX

TARKX Risk / Return Rank: 69
TARKX Sharpe Ratio Rank: 70
TARKX Sortino Ratio Rank: 60
TARKX Omega Ratio Rank: 54
TARKX Calmar Ratio Rank: 83
TARKX Martin Ratio Rank: 78

PFSLX

PFSLX Risk / Return Rank: 92
PFSLX Sharpe Ratio Rank: 95
PFSLX Sortino Ratio Rank: 87
PFSLX Omega Ratio Rank: 83
PFSLX Calmar Ratio Rank: 98
PFSLX Martin Ratio Rank: 98

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.

TARKX vs. PFSLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tarkio Fund (TARKX) and Paradigm Select Fund (PFSLX). 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.

	TARKX	PFSLX	Difference
Sharpe ratio: Return per unit of total volatility	2.01	2.93	-0.92
Sortino ratio: Return per unit of downside risk	2.66	3.64	-0.98
Omega ratio: Gain probability vs. loss probability	1.33	1.46	-0.13
Calmar ratio: Return relative to maximum drawdown	3.36	7.06	-3.70
Martin ratio: Return relative to average drawdown	12.23	27.02	-14.78

TARKX vs. PFSLX - Sharpe Ratio Comparison

The current TARKX Sharpe Ratio is 2.01, which is lower than the PFSLX Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of TARKX and PFSLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TARKX vs. PFSLX - Drawdown Comparison

The maximum TARKX drawdown since its inception was -40.55%, smaller than the maximum PFSLX drawdown of -91.83%. Use the drawdown chart below to compare losses from any high point for TARKX and PFSLX.

Drawdown Indicators

	TARKX	PFSLX	Difference
Max Drawdown Largest peak-to-trough decline	-40.55%	-91.83%	+51.28%
Max Drawdown (1Y) Largest decline over 1 year	-16.99%	-10.91%	-6.08%
Max Drawdown (3Y) Largest decline over 3 years	-36.99%	-91.83%	+54.84%
Max Drawdown (5Y) Largest decline over 5 years	-40.38%	-91.83%	+51.45%
Max Drawdown (10Y) Largest decline over 10 years	-40.55%	-91.83%	+51.28%
Current Drawdown Current decline from peak	-1.21%	-82.43%	+81.22%
Average Drawdown Average peak-to-trough decline	-10.34%	-13.91%	+3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.66%	2.84%	+1.82%

Volatility

TARKX vs. PFSLX - Volatility Comparison

The current volatility for Tarkio Fund (TARKX) is 9.65%, while Paradigm Select Fund (PFSLX) has a volatility of 11.13%. This indicates that TARKX experiences smaller price fluctuations and is considered to be less risky than PFSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TARKX	PFSLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.65%	11.13%	-1.48%
Volatility (6M) Calculated over the trailing 6-month period	21.84%	21.16%	+0.68%
Volatility (1Y) Calculated over the trailing 1-year period	28.40%	26.30%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.73%	146.12%	-118.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.74%	104.47%	-77.73%

TARKX vs. PFSLX - Expense Ratio Comparison

TARKX has a 1.00% expense ratio, which is lower than PFSLX's 1.16% expense ratio.

Dividends

TARKX vs. PFSLX - Dividend Comparison

TARKX's dividend yield for the trailing twelve months is around 4.46%, more than PFSLX's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PFSLX Paradigm Select Fund	0.10%	0.14%	0.02%	0.31%	0.01%	0.17%	0.11%	0.58%	2.93%	3.89%	0.74%	9.40%
TARKX Tarkio Fund	4.46%	5.50%	1.51%	2.98%	10.62%	1.40%	0.50%	5.21%	3.34%	1.70%	0.47%	0.36%

Frequently Asked Questions

Can I hold both TARKX and PFSLX in my portfolio?

TARKX and PFSLX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TARKX or PFSLX?

PFSLX has higher volatility (11.13%) compared to TARKX (9.65%). In terms of maximum drawdown, TARKX dropped -40.55% vs PFSLX's -91.83%.

Which has better risk-adjusted returns?

PFSLX currently has the higher Sharpe Ratio (2.93 vs 2.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.