TFPN vs. ENDW

Last updated Jun 4, 2026

TFPN (Blueprint Chesapeake Multi-Asset Trend ETF) and ENDW (Cambria Endowment Style ETF) are both Global Allocation funds. Both are actively managed. Over the past year, TFPN returned 45.99% vs 27.79% for ENDW. A 0.57 correlation means they provide meaningful diversification when combined. TFPN charges 1.10%/yr vs 0.29%/yr for ENDW.

Performance

TFPN vs. ENDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and Cambria Endowment Style ETF (ENDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TFPN achieves a 27.01% return, which is significantly higher than ENDW's 10.76% return.

TFPN

• 1D: 0.91%
• 1M: 5.79%
• YTD: 27.01%
• 6M: 28.49%
• 1Y: 45.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ENDW

• 1D: -0.63%
• 1M: 1.86%
• YTD: 10.76%
• 6M: 11.08%
• 1Y: 27.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TFPN vs. ENDW - Yearly Performance Comparison

	2026 (YTD)	2025
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	27.01%	17.68%
ENDW Cambria Endowment Style ETF	10.76%	30.77%

Correlation

The correlation between TFPN and ENDW is 0.61, 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	0.61
Correlation (All Time) Calculated using the full available price history since Apr 11, 2025	0.57

The correlation between TFPN and ENDW has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.

TFPN vs. ENDW - Sectors Allocation Comparison

Sectors	TFPN	ENDW
Industrials	29.8%	13.9%
Technology	17.9%	13.9%
Basic Materials	14.7%	6.2%
Energy	10.4%	13.2%
Healthcare	5.5%	4.6%
Consumer Cyclical	4.8%	9.6%
Financial Services	4.8%	17.5%
Consumer Defensive	4.3%	4.0%
Utilities	3.3%	3.5%
Communication Services	2.9%	4.6%
Real Estate	1.6%	9.1%

Return for Risk

TFPN vs. ENDW — Risk / Return Rank

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

TFPN

TFPN Risk / Return Rank: 91
TFPN Sharpe Ratio Rank: 92
TFPN Sortino Ratio Rank: 92
TFPN Omega Ratio Rank: 91
TFPN Calmar Ratio Rank: 92
TFPN Martin Ratio Rank: 91

ENDW

ENDW Risk / Return Rank: 83
ENDW Sharpe Ratio Rank: 84
ENDW Sortino Ratio Rank: 83
ENDW Omega Ratio Rank: 82
ENDW Calmar Ratio Rank: 82
ENDW Martin Ratio Rank: 85

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.

TFPN vs. ENDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and Cambria Endowment Style ETF (ENDW). 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.

	TFPN	ENDW	Difference
Sharpe ratio: Return per unit of total volatility	3.37	2.76	+0.61
Sortino ratio: Return per unit of downside risk	4.44	3.75	+0.69
Omega ratio: Gain probability vs. loss probability	1.60	1.50	+0.10
Calmar ratio: Return relative to maximum drawdown	6.19	4.34	+1.85
Martin ratio: Return relative to average drawdown	21.51	17.69	+3.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TFPN vs. ENDW - Sharpe Ratio Comparison

The current TFPN Sharpe Ratio is 3.37, which is comparable to the ENDW Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of TFPN and ENDW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TFPN	ENDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.37	2.76	+0.61
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	3.50	-2.67

Drawdowns

TFPN vs. ENDW - Drawdown Comparison

The maximum TFPN drawdown since its inception was -16.72%, which is greater than ENDW's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for TFPN and ENDW.

Drawdown Indicators

	TFPN	ENDW	Difference
Max Drawdown Largest peak-to-trough decline	-16.72%	-6.44%	-10.28%
Max Drawdown (1Y) Largest decline over 1 year	-7.47%	-6.44%	-1.03%
Current Drawdown Current decline from peak	0.00%	-0.63%	+0.63%
Average Drawdown Average peak-to-trough decline	-4.89%	-0.81%	-4.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	1.57%	+0.57%

Volatility

TFPN vs. ENDW - Volatility Comparison

Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) has a higher volatility of 4.55% compared to Cambria Endowment Style ETF (ENDW) at 2.78%. This indicates that TFPN's price experiences larger fluctuations and is considered to be riskier than ENDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TFPN	ENDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.55%	2.78%	+1.77%
Volatility (6M) Calculated over the trailing 6-month period	11.50%	7.62%	+3.88%
Volatility (1Y) Calculated over the trailing 1-year period	13.70%	10.13%	+3.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.53%	11.00%	+1.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.53%	11.00%	+1.53%

TFPN vs. ENDW - Expense Ratio Comparison

TFPN has a 1.10% expense ratio, which is higher than ENDW's 0.29% expense ratio.

Dividends

TFPN vs. ENDW - Dividend Comparison

TFPN has not paid dividends to shareholders, while ENDW's dividend yield for the trailing twelve months is around 2.18%.

Position	TTM	2025	2024	2023
ENDW Cambria Endowment Style ETF	2.18%	1.91%	0.00%	0.00%
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	0.00%	0.00%	0.94%	0.98%

Frequently Asked Questions

Can I hold both TFPN and ENDW in my portfolio?

TFPN and ENDW have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TFPN or ENDW?

TFPN has higher volatility (4.55%) compared to ENDW (2.78%). In terms of maximum drawdown, TFPN dropped -16.72% vs ENDW's -6.44%.

Which ETF is better, TFPN or ENDW?

On 1-year performance, TFPN leads with 45.99% vs 27.79% for ENDW. On fees, ENDW is cheaper at 0.29% per year. On volatility, ENDW has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TFPN or ENDW?

Over the 1-year period, TFPN has performed better with a 45.99% return vs 27.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TFPN or ENDW?

ENDW is cheaper with a 0.29% expense ratio, compared with 1.10% for TFPN.

Which ETF pays a higher dividend yield, TFPN or ENDW?

ENDW has the higher dividend yield at 2.18%, compared with 0.00% for TFPN.

What is the main difference between TFPN and ENDW?

They also come from different issuers: Tidal ETFs and Cambria. Their fees differ too: 1.10% for TFPN and 0.29% for ENDW.

Which has better risk-adjusted returns?

TFPN currently has the higher Sharpe Ratio (3.37 vs 2.76), 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.