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ETFs

Blueprint Chesapeake Multi-Asset Trend ETF

TFPN
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jul 11, 2023
Expense Ratio
1.1%
Type
Global Diversified
Fund Owner
Blueprint Fund Management
Volume (1m avg. daily)
$539,226
AUM
$49,471,800
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Cash & Other
98.43%
—
Derivatives offset
75.45%
SUB
BlackRock Institutional Trust Company N.A. - iShares Short-Term National Muni Bond ETF
3.49%
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
2.34%
CWB
SPDR Series Trust - SPDR Bloomberg Convertible Securities ETF
1.37%
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
1.3%
SHYG
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year High Yield Corporate Bond ETF
1.22%
BKLN
Invesco Capital Management LLC - Invesco Senior Loan ETF
1.21%
ELF
e.l.f. Beauty Inc
0.77%
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
0.64%
Invest with TFPN
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What is TFPN?

The Blueprint Chesapeake Multi-Asset Trend ETF (the "Fund") seeks to preserve capital and generate long-term capital appreciation. The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing pursuant to a trend following program called the Chesapeake Program. The Chesapeake Program is comprised of two components: (i) Derivatives Component: The Fund will invest in futures contracts and futures-related instruments (such as forwards) and spot contracts in global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities. (ii) Long-Short Component: The Fund will invest in both long and short positions in equity securities. In addition, the Fund invests in cash, short-term U.S. Treasury securities, money market funds, and cash equivalents (the "Cash Strategy").

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TFPN
Performance Measures**

for the time period Jul 12, 2023 to Dec 4, 2025

Returns

1M Trailing Return: 2.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 9.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -16.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 11.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.24

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.13

The annualized return divided by the max drawdown for the selected time period.

ETFs related toTFPN

ETFs correlated to TFPN include BAR, OUNZ, AAAU

TFPN
Tidal Trust II - Blueprint Chesapeake Multi-Asset Trend ETF
BAR
GraniteShares Gold Trust - GraniteShares Gold Shares
OUNZ
Merk Investments LLC - VanEck Merk Gold Trust
AAAU
Goldman Sachs Physical Gold ETF Trust - Goldman Sachs Physical Gold ETF
UGL
ProShares Trust - ProShares Ultra Gold 2x Shares
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
GLD
SSgA Active Trust - SPDR Gold Shares ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
IAU
BlackRock Institutional Trust Company N.A. - iShares Gold Trust
SGOL
abrdn ETF - abrdn Physical Gold Shares ETF
FPX
First Trust Exchange-Traded Fund III - First Trust US Equity Opportunities ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

TFPN is a Global Diversified ETF. The Blueprint Chesapeake Multi-Asset Trend ETF (the "Fund") seeks to preserve capital and generate long-term capital appreciation. The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing pursuant to a trend following program called the Chesapeake Program. The Chesapeake Program is comprised of two components: (i) Derivatives Component: The Fund will invest in futures contracts and futures-related instruments (such as forwards) and spot contracts in global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities. (ii) Long-Short Component: The Fund will invest in both long and short positions in equity securities. In addition, the Fund invests in cash, short-term U.S. Treasury securities, money market funds, and cash equivalents (the "Cash Strategy").

Yes, TFPN is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, TFPN is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TFPN is -0.0002%. This is the percent change in the value of TFPN over the most recent 1-month period. The 3-month return on TFPN is %. This is the percent change in the value of TFPN over the most recent 3-month period.

ETFs similar to TFPN include AOR, DRSK, and FPEI.

ETFs correlated to TFPN include BAR, OUNZ, and AAAU.

ETFs that are inversely correlated to TFPN include GLL, JDST, and GDXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.