Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) Performance
TFPN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.9% since Dec 31, 2025
- 1 year
- +20.0% total return
- 3 years
- +6.6% a year
- Since first price
- +6.1% a year since 2023
TFPN trailing returns vs SPY, QQQ, AGG
| Period | TFPN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.6% | −1.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.2% | −3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.9% | −1.9% | +7.8% | +8.4% | −1.5% |
| YTD | +15.9% | +15.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.0% | +20.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +21.1%+6.6%/yr | +18.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJul 12, 2023 | +21.3%+6.1%/yr | +19.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TFPN vs SPY
From Jul 12, 2023: TFPN grew to $12,130, SPY to $17,730.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TFPN returns by calendar year
2 of 2 full years positive. Best 2025 (+3.6%), worst 2024 (+2.7%). 2026 is year to date.
TFPN annual returns table
| Year | TFPN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.9% | −10.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +3.6% | −14.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.7% | −10.5% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TFPN largest drawdowns
Now 8.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 3, 2024 | −16.7% | Apr 8, 2025 | Dec 22, 2025 | 10 months | 1.6 years |
| Jun 4, 2026 | −10.9% | Jul 20, 2026 | not yet | 46 days | 5 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TFPN risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +6.7% | +6.0% |
| Volatility (annualized) | 13.6% | 13.3% |
| Sharpe ratio | 0.22 | 0.17 |
| Sortino ratio | 0.37 | 0.28 |
| Best month | +10.5% | +10.5% |
| Worst month | −6.5% | −6.5% |
| Best 12 months | +43.7% | +43.7% |
| Worst 12 months | −14.2% | −14.2% |
| Positive months | 56% | 53% |
| Beta vs S&P 500 | 0.63 | — |
| Correlation with S&P 500 | 0.58 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TFPN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 28 | −14.2% | +3.1% | +43.7% | 61% |
| 3-year (a year) | 4 | +6.3% | +6.5% | +6.9% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
TFPN performance overview
Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) returned +20.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +6.1% a year, turning $10,000 into about $12,130. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.7%, from Jun 3, 2024 to Apr 8, 2025, and it took 8 months to get back to the old high. Volatility has been 13.3% a year.
Related: TFPN chart, TFPN holdings. See the TFPN overview for the latest quote and fund facts.
TFPN performance FAQ
What is the TFPN return over the past year?
TFPN returned +20.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.0%.
How much would $10,000 invested in TFPN be worth?
$10,000 invested in TFPN at its first recorded close on July 12, 2023 would be worth about $12,130 on October 23, 2026 with distributions reinvested.
What was the worst year for TFPN?
The worst calendar year was 2024, with a total return of +2.7%. The best was 2025 at +3.6%.
What is the biggest drawdown of TFPN?
The largest peak-to-trough decline was −16.7% between June 3, 2024 and April 8, 2025. It recovered to the old high on December 22, 2025, 8 months after the bottom.
How volatile is TFPN?
Over the past 3 years TFPN had an annualized volatility of 13.6% and a Sharpe ratio of 0.22 (excess return over 1–3 month T-bills per unit of risk).