TFAFX vs. TFAQX
TFAFX (Tactical Growth Allocation Fund) and TFAQX (TFA Quantitative Fund) are both mutual funds - TFAFX is a Multistrategy fund managed by Tactical Fund Advisors, while TFAQX is a Tactical Allocation fund managed by Tactical Fund Advisors. Over the past 5 years, TFAFX returned 6.29%/yr vs 6.40%/yr for TFAQX. Their correlation of 0.94 means they have usually moved in the same direction. TFAFX charges 1.96%/yr vs 1.98%/yr for TFAQX.
Performance
TFAFX vs. TFAQX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with TFAFX having a 4.79% return and TFAQX slightly lower at 4.69%.
TFAFX
- 1D
- 2.11%
- 1M
- -0.80%
- 6M
- 3.43%
- YTD
- 4.79%
- 1Y
- 14.13%
- 3Y*
- 12.34%
- 5Y*
- 6.29%
- 10Y*
- —
- ALL TIME*
- 7.35%
TFAQX
- 1D
- 2.60%
- 1M
- -2.39%
- 6M
- 3.96%
- YTD
- 4.69%
- 1Y
- 15.20%
- 3Y*
- 12.45%
- 5Y*
- 6.40%
- 10Y*
- —
- ALL TIME*
- 9.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TFAFX vs. TFAQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TFAFX Tactical Growth Allocation Fund | 4.79% | 11.54% | 20.19% | 19.64% | -24.11% | 16.14% | 17.27% |
TFAQX TFA Quantitative Fund | 4.69% | 11.41% | 22.12% | 23.25% | -25.11% | 10.88% | 18.19% |
Correlation
The correlation between TFAFX and TFAQX is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (All Time) Calculated using the full available price history since May 18, 2020 | 0.94 |
The correlation between TFAFX and TFAQX has been stable across timeframes, ranging from 0.94 to 0.98 - a consistent structural relationship.
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Return for Risk
TFAFX vs. TFAQX — Risk / Return Rank
TFAFX
TFAQX
TFAFX vs. TFAQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tactical Growth Allocation Fund (TFAFX) and TFA Quantitative Fund (TFAQX). 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.
| TFAFX | TFAQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 1.00 | +0.26 |
| Martin ratioReturn relative to average drawdown | 4.34 | 3.22 | +1.12 |
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Drawdowns
TFAFX vs. TFAQX - Drawdown Comparison
The maximum TFAFX drawdown since its inception was -25.67%, smaller than the maximum TFAQX drawdown of -27.78%. Use the drawdown chart below to compare losses from any high point for TFAFX and TFAQX.
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Drawdown Indicators
| TFAFX | TFAQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.67% | -27.78% | +2.11% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -12.85% | +3.55% |
Max Drawdown (3Y)Largest decline over 3 years | -17.55% | -21.59% | +4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -25.67% | -27.78% | +2.11% |
Current DrawdownCurrent decline from peak | -3.07% | -5.29% | +2.22% |
Average DrawdownAverage peak-to-trough decline | -7.21% | -8.35% | +1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 3.97% | -1.28% |
Volatility
TFAFX vs. TFAQX - Volatility Comparison
The current volatility for Tactical Growth Allocation Fund (TFAFX) is 4.08%, while TFA Quantitative Fund (TFAQX) has a volatility of 5.17%. This indicates that TFAFX experiences smaller price fluctuations and is considered to be less risky than TFAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TFAFX | TFAQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 5.17% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.09% | 13.38% | -2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.27% | 17.24% | -2.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.11% | 17.81% | -2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.53% | 17.47% | -2.94% |
TFAFX vs. TFAQX - Expense Ratio Comparison
TFAFX has a 1.96% expense ratio, which is lower than TFAQX's 1.98% expense ratio.
Dividends
TFAFX vs. TFAQX - Dividend Comparison
TFAFX has not paid dividends to shareholders, while TFAQX's dividend yield for the trailing twelve months is around 9.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
TFAFX Tactical Growth Allocation Fund | 0.00% | 0.00% | 0.00% | 0.20% | 3.71% | 12.30% | 4.64% | 0.13% |
TFAQX TFA Quantitative Fund | 9.70% | 10.16% | 0.00% | 0.03% | 5.06% | 20.52% | 4.62% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, TFAFX and TFAQX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
TFAQX has higher volatility (5.17%) compared to TFAFX (4.08%). In terms of maximum drawdown, TFAFX dropped -25.67% vs TFAQX's -27.78%.
TFAFX currently has the higher Sharpe Ratio (0.82 vs 0.75), 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.
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