TIC vs. ORR

Last updated Aug 1, 2026

TIC (Acuren Corp) is a stock, while ORR (Militia Long/Short Equity ETF) is Long-Short fund actively managed by Militia. Over the past year, TIC returned -33.73% vs 27.70% for ORR. Their 0.23 correlation means their historical movements had little consistent relationship.

Performance

TIC vs. ORR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Acuren Corp (TIC) and Militia Long/Short Equity ETF (ORR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIC achieves a -27.70% return, which is significantly lower than ORR's 13.55% return.

TIC

• 1D: 0.69%
• 1M: -9.86%
• 6M: -27.62%
• YTD: -27.70%
• 1Y: -33.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -32.95%

ORR

• 1D: 0.65%
• 1M: 5.52%
• 6M: 6.33%
• YTD: 13.55%
• 1Y: 27.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 30.08%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ORR Militia Long/Short Equity ETF	$2.18M	$2.70M	$4.06M
TIC Acuren Corp	$13.50M	$14.23M	$17.75M

TIC vs. ORR - Yearly Performance Comparison

	2026 (YTD)	2025
TIC Acuren Corp	-27.70%	-22.23%
ORR Militia Long/Short Equity ETF	13.55%	26.85%

Correlation

The correlation between TIC and ORR is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.19
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025	0.23

Return for Risk

TIC vs. ORR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TIC

TIC Risk / Return Rank: 18
TIC Sharpe Ratio Rank: 16
TIC Sortino Ratio Rank: 16
TIC Omega Ratio Rank: 18
TIC Calmar Ratio Rank: 21
TIC Martin Ratio Rank: 22

ORR

ORR Risk / Return Rank: 75
ORR Sharpe Ratio Rank: 84
ORR Sortino Ratio Rank: 82
ORR Omega Ratio Rank: 80
ORR Calmar Ratio Rank: 79
ORR Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TIC vs. ORR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Acuren Corp (TIC) and Militia Long/Short Equity ETF (ORR). 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.

	TIC	ORR	Difference
Sharpe ratio: Return per unit of total volatility	-0.63	1.92	-2.55
Sortino ratio: Return per unit of downside risk	-0.75	2.69	-3.44
Omega ratio: Gain probability vs. loss probability	0.92	1.33	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.62	2.79	-3.41
Martin ratio: Return relative to average drawdown	-1.01	6.17	-7.18

TIC vs. ORR - Sharpe Ratio Comparison

The current TIC Sharpe Ratio is -0.63, which is lower than the ORR Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of TIC and ORR, 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

TIC vs. ORR - Drawdown Comparison

The maximum TIC drawdown since its inception was -54.87%, which is greater than ORR's maximum drawdown of -9.90%. Use the drawdown chart below to compare losses from any high point for TIC and ORR.

Drawdown Indicators

	TIC	ORR	Difference
Max Drawdown Largest peak-to-trough decline	-54.87%	-9.90%	-44.97%
Max Drawdown (1Y) Largest decline over 1 year	-54.87%	-9.90%	-44.97%
Current Drawdown Current decline from peak	-49.55%	-0.74%	-48.81%
Average Drawdown Average peak-to-trough decline	-26.62%	-2.60%	-24.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.76%	4.47%	+29.29%

Volatility

TIC vs. ORR - Volatility Comparison

Acuren Corp (TIC) has a higher volatility of 13.63% compared to Militia Long/Short Equity ETF (ORR) at 4.43%. This indicates that TIC's price experiences larger fluctuations and is considered to be riskier than ORR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIC	ORR	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.63%	4.43%	+9.20%
Volatility (6M) Calculated over the trailing 6-month period	36.71%	11.54%	+25.17%
Volatility (1Y) Calculated over the trailing 1-year period	54.59%	14.41%	+40.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.83%	15.36%	+36.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.83%	15.36%	+36.47%

Dividends

TIC vs. ORR - Dividend Comparison

Neither TIC nor ORR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TIC and ORR in my portfolio?

TIC and ORR have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIC or ORR?

TIC has higher volatility (13.63%) compared to ORR (4.43%). In terms of maximum drawdown, TIC dropped -54.87% vs ORR's -9.90%.

Which has better risk-adjusted returns?

ORR currently has the higher Sharpe Ratio (1.92 vs -0.63), 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.