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Launched · SEC filings

Blueprint Chesapeake Multi-Asset Trend ETF

TFPNNYSE ArcaF

$30.18−0.23 (−0.76%)

As of Oct 13, 2026, 3:50 PM

F21/ 100

Rank 14 of 16 in Managed Futures

F21/100Rank 14 of 16inManaged Futures
Intraday session: down, 18 prints from 30.41 to 30.18. Range 30.17 to 30.41. Use the arrow keys to read each point.30.2530.3030.3510 AM12 PM2 PM4 PM
Expense ratio
1.13%
Fund size
$161M
1Y total return
+22.3%
Yield · Last 12 months
0.00%
Holdings
30
Avg volume · 30D
0M sh
NAV per share
$30.32
52W range
low $24.10high $33.34
Launched
Filings
SEC EDGAR

The ETF.net TFPN Grade

Based on 4 of 6 pillars

F

Score 21 out of 100

Category
Managed Futures⁠
Rank
14 of 16
Six-pillar profile for TFPN. Scores out of 100: Cost 0, Risk 38, Mission not scored, Tradability 37, Holdings not scored, Durability 57. Strongest: Durability (57). Weakest: Cost (0). Based on 4 of 6 pillars.

Score 21 of 100 falls in the F 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.
    F0 out of 100
    Rank 16 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 10 of 15

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D37 out of 100
    Rank 13 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B57 out of 100
    Rank 8 of 16

Our read on TFPN

ETF.net Research

FTrend following in an ETF wrapper. TFPN moves across global assets by following what's already moving, with capital preservation written into its stated objective, and it prices like the hedge-fund cousin it descends from.

Stated mandate

The Fund seeks to preserve capital while pursuing long-term capital appreciation.

Why people hold it

  1. 01Not a static 60/40. The mandate is multi-asset trend, so exposure follows what markets are doing rather than resetting to fixed stock and bond weights.
  2. 02Capital preservation comes first in the fund's own objective, with long-term appreciation second. Unusual framing for the allocation aisle.
  3. 03A registered 1940 Act ETF: exchange-traded, daily priced, 1099 reporting. Trend strategies often reach investors through limited partnerships instead.

Worth knowing

  1. 01The 2.06% expense ratio sits far above typical allocation ETFs (AOA and NTSX live in the low-cost lane). That's a cost hurdle the strategy carries every year.
  2. 02Thinly traded next to the cohort's giants, so spreads can widen. Order type and size matter more here than in a mega-fund.
  3. 03Launched in 2023, so the live ETF record is short, and it isn't structured as an income payer.

TFPN Holdings

As of Oct 12, 2026
Asset class
Other
Holdings
30
Top-10 weight
263%
Largest holding
FED FUND 30DAY May2761.7%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—FED FUND 30DAY May2761.72%-181$-72M3
002—3MO EURO EURIBOR Sep2753.53%-231$-62M2
003—3 MONTH SOFR FUT Sep2729.39%-144$-34M2
004—3M CORRA Futures Sep2726.86%-185$-31M2
005—ICE 3MTH SONIA FU Sep2726.69%-99$-31M2
006—90-DAY BANK BILL Sep2720.50%-361$-24M2
007—USD/CNH PH FUT Dec2618.00%-211$-21M2
008—JPN 10Y BOND(OSE) Dec2612.84%-19$-15M5
009—EURO FX CURR FUT Dec266.74%-56$-8M6
010—CAN 10YR BOND FUT Dec266.57%-94$-8M4
011—EURO-BUND FUTURE Dec266.49%-56$-8M9
012—US 10YR NOTE (CBT)Dec266.09%-68$-7M22
013—AUST 10Y BOND FUT Dec265.94%-105$-7M4
014—C$ CURRENCY FUT Dec265.12%-85$-6M6
015—CHF CURRENCY FUT Dec264.16%-32$-5M3

Showing 1–15 of 30 holdings

TFPN Performance

Launched Jul 11, 2023

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.
TFPN$12,228
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. TFPN $12,228. SPY $12,044. Use the arrow keys to read each point.$9,496$11,449$13,402Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for TFPN. Periods over one year show the average yearly return.
PeriodTFPN
Year to date+18.4%
1 month+0.4%
3 months−0.5%
1 year+22.3%
3 yearsper year+7.4%
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TFPN
YearReturn barTFPN
2026 YTD+18.4%
2025+3.6%
2024+2.6%
2023−1.6%

History from Jul 12, 2023

TFPN in the news

Filtered to TFPN · Managed Futures

TFPN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2024

One bar per payment. 2 payments from 2023 to 2024. Dec 5, 2023 $0.24; Dec 5, 2024 $0.23. Use the arrow keys to read each point.20232024
Ex-datePay dateAmount per share
Dec 5, 2024Dec 9, 2024$0.23
Dec 5, 2023Dec 8, 2023$0.24

TFPN Risk

How much the fund’s monthly returns vary, scaled to a year.
13.6%
Annualised · 36 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.21
vs 3-month T-bills · to Sep 2026
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.

The largest fall from a peak to the low that followed.
−16.7%
39 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
0.59
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TFPN Cost

Expense ratio1.13%
  • The middle half of Managed Futures funds
  • Median 0.82%

Every other Managed Futures fund charges less.

TFPN costs $113.00 a year on $10,000. The median Managed Futures fund costs $82.00.

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