TFPN ETF — Blueprint Chesapeake Multi-Asset Trend ETF

Blueprint Chesapeake Multi-Asset Trend ETF (TFPN)

TFPN is an ETF. its expense ratio is 1.13%. Total return is 23.2% over the past 3.2 years, 54.5 points behind SPY at 77.7%.

Blueprint Chesapeake Multi-Asset Trend ETF is an actively-managed ETF that pursues long-term capital appreciation through a systematic trend-following program across global futures markets, supplemented with holdings in cash and short-term Treasury securities. The fund does not currently distribute income to shareholders. With an expense ratio of 1.13%, it appeals to investors seeking exposure to trend-based strategies across multiple asset classes rather than traditional income generation.

TFPN performance versus SPY

Price and return data through 2026-09-18.

Total return is 23.2% over the past 3.2 years, 54.5 points behind SPY at 77.7%. Over the past year its total return — price change plus distributions reinvested — is 24.3%. Its deepest 1-year drawdown was 10.9%.

TFPN key facts

Issuer

Blueprint

Asset type

ETF

Asset class

Multi-Asset

Inception date

07/11/2023

Expense ratio

1.13%

Distribution frequency

None

Last close

$30.40 (as of 2026-09-21)

NAV

$30.27

Premium / discount

0.43% premium

AUM

$161,605,652

Average volume

11725.0

Last ex-dividend date

12/05/2024 (as of 2024-12-05)

Last payment date

12/09/2024 (as of 2024-12-09)

Beta

0.63

P/E ratio

24.9431

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Blueprint or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TFPN risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.9%.

Who may consider TFPN — and who may not

It is a weaker fit for investors who need monthly cash flow (TFPN does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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