Key stats
About BLUEPRINT CHESAPEAKE MULTI-ASSET TREND ETF
Home page
Inception date
Jul 11, 2023
Structure
Open-Ended Fund
Dividend treatment
Capitalizes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
TFPN aims to preserve capital and provide positive annual returns over any market cycle using the Chesapeake Program. It assesses the market risk level to determine entry and exit points for trading by predicting market opportunities and recurring price patterns in every market cycle based on price action, market volatility, open interest, and daily trading volume. The portfolio is approximately divided equally between two components, the derivatives, and the long-short sleeve. The derivatives component includes commodity and crypto futures, options on fixed-income futures and commodities, and spot and forward currency contracts. The long-short sleeve, which may be 100% long, 100% short, or a mix, consists of US and non-US equities of any size. The fund may gain exposure directly or indirectly by investing up to 25% of its assets in a wholly-owned Cayman Islands Subsidiary, which avoids a K-1 form. The fund holds cash, cash equivalents, and US Treasurys to serve as collateral.
Classification
What's in the fund
Exposure type
Cash
Government
ETF
Stocks44.14%
Technology Services4.38%
Electronic Technology4.32%
Process Industries4.21%
Non-Energy Minerals3.53%
Producer Manufacturing3.34%
Finance2.92%
Consumer Non-Durables2.25%
Industrial Services1.75%
Utilities1.72%
Consumer Services1.65%
Commercial Services0.97%
Health Technology0.85%
Transportation0.85%
Retail Trade0.54%
Health Services0.34%
Energy Minerals0.34%
Distribution Services0.33%
Communications0.24%
Consumer Durables0.10%
Bonds, Cash & Other55.86%
Cash35.65%
Government26.98%
ETF17.85%
Mutual fund2.78%
Rights & Warrants0.00%
Miscellaneous−27.39%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TFPN trades at 22.10 USD today, its price has risen 0.56% in the past 24 hours. Track more dynamics on TFPN price chart.
TFPN net asset value is 22.28 today — it's risen 2.19% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TFPN assets under management is 114.52 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TFPN price has risen by 2.03% over the last month, and its yearly performance shows a −15.29% decrease. See more dynamics on TFPN price chart.
NAV returns, another gauge of an ETF dynamics, showed a −8.67% decrease in three-month performance and has decreased by −12.89% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −8.67% decrease in three-month performance and has decreased by −12.89% in a year.
TFPN fund flows account for 51.73 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TFPN invests in stocks. See more details in our Analysis section.
TFPN expense ratio is 2.06%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TFPN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TFPN technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TFPN shows the sell signal. See more of TFPN technicals for a more comprehensive analysis.
Today, TFPN technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TFPN shows the sell signal. See more of TFPN technicals for a more comprehensive analysis.
Yes, TFPN pays dividends to its holders with the dividend yield of 1.06%.
TFPN trades at a premium (0.18%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TFPN shares are issued by Toroso Investments Topco LLC
TFPN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 11, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.