TFPN vs. IAU
TFPN (Blueprint Chesapeake Multi-Asset Trend ETF) and IAU (iShares Gold Trust) are both exchange-traded funds - TFPN is a Global Allocation fund actively managed by Tidal ETFs, while IAU is a Gold fund tracking the LBMA Gold Price. TFPN is actively managed, while IAU is passively managed. Over the past year, TFPN returned 43.05% vs 21.45% for IAU. At a 0.19 correlation, their price movements are largely independent. TFPN charges 1.10%/yr vs 0.25%/yr for IAU.
Performance
TFPN vs. IAU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TFPN achieves a 25.19% return, which is significantly higher than IAU's -4.73% return.
TFPN
- 1D
- -1.03%
- 1M
- 2.11%
- YTD
- 25.19%
- 6M
- 22.97%
- 1Y
- 43.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IAU
- 1D
- -1.87%
- 1M
- -8.82%
- YTD
- -4.73%
- 6M
- -8.68%
- 1Y
- 21.45%
- 3Y*
- 28.61%
- 5Y*
- 18.02%
- 10Y*
- 11.76%
TFPN vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TFPN Blueprint Chesapeake Multi-Asset Trend ETF | 25.19% | 3.61% | 2.67% | -1.83% |
IAU iShares Gold Trust | -4.73% | 63.95% | 26.85% | 6.58% |
Correlation
The correlation between TFPN and IAU is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2023 | 0.19 |
The correlation between TFPN and IAU shifts across timeframes, from 0.19 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TFPN vs. IAU — Risk / Return Rank
TFPN
IAU
TFPN vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and iShares Gold Trust (IAU). 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.
| TFPN | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.17 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 5.79 | 0.88 | +4.91 |
| Martin ratioReturn relative to average drawdown | 19.17 | 2.37 | +16.80 |
Loading charts...
Drawdowns
TFPN vs. IAU - Drawdown Comparison
The maximum TFPN drawdown since its inception was -16.72%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for TFPN and IAU.
Loading charts...
Drawdown Indicators
| TFPN | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.72% | -45.14% | +28.42% |
Max Drawdown (1Y)Largest decline over 1 year | -7.47% | -24.40% | +16.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.40% | — |
Current DrawdownCurrent decline from peak | -1.52% | -23.87% | +22.35% |
Average DrawdownAverage peak-to-trough decline | -4.84% | -15.97% | +11.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 9.07% | -6.82% |
Volatility
TFPN vs. IAU - Volatility Comparison
The current volatility for Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is 6.23%, while iShares Gold Trust (IAU) has a volatility of 8.10%. This indicates that TFPN experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TFPN | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 8.10% | -1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 12.52% | 24.23% | -11.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.62% | 27.38% | -12.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.84% | 18.18% | -5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.84% | 15.98% | -3.14% |
TFPN vs. IAU - Expense Ratio Comparison
TFPN has a 1.10% expense ratio, which is higher than IAU's 0.25% expense ratio.
Dividends
TFPN vs. IAU - Dividend Comparison
Neither TFPN nor IAU has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% |
TFPN Blueprint Chesapeake Multi-Asset Trend ETF | 0.00% | 0.00% | 0.94% | 0.98% |
Frequently Asked Questions
TFPN and IAU have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IAU has higher volatility (8.10%) compared to TFPN (6.23%). In terms of maximum drawdown, TFPN dropped -16.72% vs IAU's -45.14%.
On 1-year performance, TFPN leads with 43.05% vs 21.45% for IAU. On fees, IAU is cheaper at 0.25% per year. On volatility, TFPN has been the lower-risk option at 6.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TFPN has performed better with a 43.05% return vs 21.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAU is cheaper with a 0.25% expense ratio, compared with 1.10% for TFPN.
TFPN and IAU have nearly identical dividend yields, around 0.00%.
TFPN is categorized as Global Allocation, while IAU is Gold. They also come from different issuers: Tidal ETFs and iShares. Their fees differ too: 1.10% for TFPN and 0.25% for IAU.
TFPN currently has the higher Sharpe Ratio (2.96 vs 0.79), 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.
Find the right allocation for TFPN and IAU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer