TFAFX vs. ^VIX
Compare and contrast key facts about Tactical Growth Allocation Fund (TFAFX) and CBOE Volatility Index (^VIX).
TFAFX is managed by Tactical Fund Advisors. It was launched on Jun 9, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TFAFX or ^VIX.
Key characteristics
TFAFX | ^VIX | |
---|---|---|
YTD Return | 14.39% | 46.43% |
1Y Return | 19.56% | 29.20% |
3Y Return (Ann) | 3.21% | -4.17% |
5Y Return (Ann) | 6.20% | 3.42% |
Sharpe Ratio | 1.55 | 0.03 |
Daily Std Dev | 12.56% | 119.52% |
Max Drawdown | -25.67% | -88.70% |
Current Drawdown | -2.56% | -77.95% |
Correlation
The correlation between TFAFX and ^VIX is -0.72. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
TFAFX vs. ^VIX - Performance Comparison
In the year-to-date period, TFAFX achieves a 14.39% return, which is significantly lower than ^VIX's 46.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TFAFX vs. ^VIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tactical Growth Allocation Fund (TFAFX) and CBOE Volatility Index (^VIX). 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.
Drawdowns
TFAFX vs. ^VIX - Drawdown Comparison
The maximum TFAFX drawdown since its inception was -25.67%, smaller than the maximum ^VIX drawdown of -88.70%. Use the drawdown chart below to compare losses from any high point for TFAFX and ^VIX. For additional features, visit the drawdowns tool.
Volatility
TFAFX vs. ^VIX - Volatility Comparison
The current volatility for Tactical Growth Allocation Fund (TFAFX) is 4.00%, while CBOE Volatility Index (^VIX) has a volatility of 42.58%. This indicates that TFAFX experiences smaller price fluctuations and is considered to be less risky than ^VIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.