TFPN vs. VOO

Last updated Jun 24, 2026

TFPN (Blueprint Chesapeake Multi-Asset Trend ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - TFPN is a Global Allocation fund actively managed by Tidal ETFs, while VOO is a S&P 500 fund tracking the S&P 500 Index. TFPN is actively managed, while VOO is passively managed. Over the past year, TFPN returned 43.05% vs 23.69% for VOO. At a 0.45 correlation, their price movements are largely independent. TFPN charges 1.10%/yr vs 0.03%/yr for VOO.

Performance

TFPN vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TFPN achieves a 25.19% return, which is significantly higher than VOO's 8.19% return.

TFPN

• 1D: -1.03%
• 1M: 2.11%
• YTD: 25.19%
• 6M: 22.97%
• 1Y: 43.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: -1.42%
• 1M: -1.34%
• YTD: 8.19%
• 6M: 7.24%
• 1Y: 23.69%
• 3Y*: 20.78%
• 5Y*: 13.13%
• 10Y*: 15.61%

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

TFPN vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	25.19%	3.61%	2.67%	-1.83%
VOO Vanguard S&P 500 ETF	8.19%	17.82%	24.98%	8.29%

Correlation

The correlation between TFPN and VOO is 0.59, 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	0.59
Correlation (All Time) Calculated using the full available price history since Jul 12, 2023	0.45

The correlation between TFPN and VOO shifts across timeframes, from 0.45 (all time) to 0.59 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

TFPN vs. VOO — Risk / Return Rank

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

TFPN

TFPN Risk / Return Rank: 90
TFPN Sharpe Ratio Rank: 91
TFPN Sortino Ratio Rank: 89
TFPN Omega Ratio Rank: 90
TFPN Calmar Ratio Rank: 92
TFPN Martin Ratio Rank: 90

VOO

VOO Risk / Return Rank: 59
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 56
VOO Omega Ratio Rank: 58
VOO Calmar Ratio Rank: 56
VOO Martin Ratio Rank: 67

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. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe ratio: Return per unit of total volatility	2.96	1.91	+1.04
Sortino ratio: Return per unit of downside risk	3.84	2.60	+1.24
Omega ratio: Gain probability vs. loss probability	1.53	1.35	+0.18
Calmar ratio: Return relative to maximum drawdown	5.79	2.67	+3.12
Martin ratio: Return relative to average drawdown	19.17	11.96	+7.21

TFPN vs. VOO - Sharpe Ratio Comparison

The current TFPN Sharpe Ratio is 2.96, which is higher than the VOO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of TFPN and VOO, 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

TFPN vs. VOO - Drawdown Comparison

The maximum TFPN drawdown since its inception was -16.72%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TFPN and VOO.

Drawdown Indicators

	TFPN	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-16.72%	-33.99%	+17.27%
Max Drawdown (1Y) Largest decline over 1 year	-7.47%	-8.90%	+1.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-1.52%	-3.14%	+1.62%
Average Drawdown Average peak-to-trough decline	-4.84%	-3.68%	-1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	1.99%	+0.26%

Volatility

TFPN vs. VOO - Volatility Comparison

Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) has a higher volatility of 6.23% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that TFPN's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TFPN	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	4.83%	+1.40%
Volatility (6M) Calculated over the trailing 6-month period	12.52%	9.82%	+2.70%
Volatility (1Y) Calculated over the trailing 1-year period	14.62%	12.46%	+2.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.84%	16.91%	-4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.84%	18.02%	-5.18%

TFPN vs. VOO - Expense Ratio Comparison

TFPN has a 1.10% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

TFPN vs. VOO - Dividend Comparison

TFPN has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	0.00%	0.00%	0.94%	0.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both TFPN and VOO in my portfolio?

TFPN and VOO have a correlation of 0.59, 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 VOO?

TFPN has higher volatility (6.23%) compared to VOO (4.83%). In terms of maximum drawdown, TFPN dropped -16.72% vs VOO's -33.99%.

Which ETF is better, TFPN or VOO?

On 1-year performance, TFPN leads with 43.05% vs 23.69% for VOO. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TFPN or VOO?

Over the 1-year period, TFPN has performed better with a 43.05% return vs 23.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TFPN or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 1.10% for TFPN.

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

VOO has the higher dividend yield at 1.05%, compared with 0.00% for TFPN.

What is the main difference between TFPN and VOO?

TFPN is categorized as Global Allocation, while VOO is S&P 500. They also come from different issuers: Tidal ETFs and Vanguard. Their fees differ too: 1.10% for TFPN and 0.03% for VOO.

Which has better risk-adjusted returns?

TFPN currently has the higher Sharpe Ratio (2.96 vs 1.91), 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.