Fairlead Tactical Sector ETF
$31.93+0.07 (+0.20%)
- 0.69%
- $291M
- +9.5%
- 1.28%
- 0M sh
- $31.87
- low $28.97high $318.50
The ETF.net TACK Grade
C
Score 51 out of 100
- 11 of 22
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C43 out of 100Rank 12 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A75 out of 100Rank 3 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 8 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D29 out of 100Rank 19 of 21Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 8 of 22
Our read on TACK
CMomentum read off the charts, not off a factor formula. TACK runs a proprietary technical model on US equities, chasing capital appreciation while trying to keep the drawdowns shallow.
The Fund seeks capital appreciation with limited drawdowns.
Why people hold it
- Unusual mandate for a momentum fund: capital appreciation with limited drawdowns. Downside control is written into the stated objective, not bolted on afterward.
- The momentum signal comes from a proprietary technical model rather than an off-the-shelf factor index. Actively run, US equity, chart-driven.
- Its risk marks land among the stronger ones in its momentum peer group, and the fund overall grades in the upper half of that group.
- Live since 2022 and now a mid-sized fund, with distributions paid quarterly.
Worth knowing
- The 0.70% fee is about the median for active momentum funds, but multiples of index-based rivals like MTUM (0.15%) and SPMO (0.13%).
- Thinly traded next to the giant momentum ETFs, so spreads and order size matter more here.
- The model is proprietary. There is no published index methodology to check the portfolio against, so you are buying the manager's process on trust.
TACK Holdings
- Other
- 8
- 100%
- GLDM
Sectors
- Technology16.7%
- Health Care14.7%
- Energy14.1%
- Consumer Staples14.0%
- Real Estate13.7%
- Industrials12.7%
- Materials11.6%
- Consumer Discretionary2.6%
Geography
- United States100.00%
TACK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
TACK$10,954
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TACK |
|---|---|
| Year to date | +7.3% |
| 1 month | −0.6% |
| 3 months | +0.6% |
| 1 year | +9.5% |
| 3 years | +13.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TACK |
|---|---|---|
| 2026 YTD | +7.3% | |
| 2025 | +10.9% | |
| 2024 | +11.8% | |
| 2023 | +7.4% | |
| 2022 | −5.4% |
TACK in the news
TACK Dividends
- 1.28%
- $0.41
- $0.10 per share
- Quarterly
Distribution history
TACK Risk
- 9.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.84
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.93
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TACK Cost
0.69%
TACK0.69%
- The middle half of US Active Momentum funds
- Median 0.63%
11 of the 21 US Active Momentum funds charge less.
Other funds in US Active Momentum
- CMFMOMotley Fool Momentum Factor ETFExpense ratio 0.50%1 year return —
- CSMOMSymmetry Panoramic Sector Momentum ETFExpense ratio 0.63%1 year return +18.8%
- CRANKDEFIANCE KSM TIPRANKS ANALYST ETFExpense ratio 0.60%1 year return —
- CDFTTDF Tactical 30 ETFExpense ratio 0.70%1 year return —
- CGLRYInspire Growth ETFExpense ratio 0.87%1 year return +6.1%