TFPN ETF — Holdings & Analysis

Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is an actively-managed ETF that employs a trend-following program called the Chesapeake Program. The fund seeks to achieve its investment objective by investing pursuant to this program. In addition, the fund invests in cash, short-term U.S. Treasury securities, money market funds, and cash equivalents. The ETF's investment strategy involves identifying and capitalizing on market trends across various asset classes, making it a unique offering within the asset allocation category. The fund is non-diversified.

The expense ratio for TFPN is 2.06%. This means that for every $10,000 invested in the fund, $206 is used to cover the fund's operating expenses. The expense ratio is significantly higher than the average expense ratio for asset allocation ETFs, which is approximately 0.44%. the may be worth researching impact of this higher expense ratio on their overall returns, especially over the long term.

As of 2026-03-15, the top holdings in TFPN are: 1) Euro Schatz Future Mar 26 (FGBSH26) at 6.84%, and 2) Short-Term Euro BTP Future Mar 26 (FBTSH26) at 4.37%. These holdings indicate the fund's exposure to European fixed income markets. The fund's investment strategy involves actively managing its holdings based on the trend-following model, so these allocations may change over time. Investors should consult the fund's website for the most up-to-date list of holdings.

Whether TFPN is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. The fund's active management and trend-following strategy may provide opportunities for outperformance, but also introduce additional risk. The high expense ratio of 2.06% can be a significant drag on long-term returns. Investors should carefully consider these factors and consult with a financial advisor before making any investment decisions. Past performance does not guarantee future results.

TFPN distinguishes itself from many asset allocation ETFs through its active management and trend-following strategy. Many similar ETFs are passively managed and track broad market indexes, resulting in lower expense ratios. TFPN's expense ratio of 2.06% is considerably higher than passively managed competitors. With AUM of $0.13 billion, TFPN is smaller than some of the larger, more established asset allocation ETFs. Investors should weigh the potential benefits of TFPN's active strategy against its higher cost and smaller size when comparing it to similar ETFs.

As of 2026-03-15, TFPN has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders. The fund's investment strategy focuses on capital appreciation through trend-following, rather than income generation. Investors seeking dividend income may want to consider other ETFs with a focus on dividend-paying stocks or bonds.