ZHDG vs FDAT

Comparison between ZEGA BUY AND HEDGE ETF (ZHDG, ETF) and Tactical Advantage ETF (FDAT, ETF).

ZHDG vs FDAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZHDG(ETF)	FDAT(ETF)
Net Assets	$36M	$36M
Expense Ratio	0.97%	0.78%
Max Drawdown	25.92%	15.65%
Sharpe Ratio	1.15	0.72
5Y Beta	0.61	0.43

Net Assets

ZHDG

$36M

FDAT

$36M

Expense Ratio

ZHDG

0.97%

Winner

FDAT

0.78%

Max Drawdown

ZHDG

25.92%

Winner

FDAT

15.65%

Sharpe Ratio

Winner

ZHDG

1.15

FDAT

0.72

5Y Beta

ZHDG

0.61

Winner

FDAT

0.43

ZHDG vs FDAT - Holdings Comparison

ZHDG and FDAT have 1 common holdings. Overlap is 2.26%

ZHDG's top 25 holdings weight is 2.26%. FDAT's top 25 holdings weight is 100.03%.

Rank	ZHDG	FDAT
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.26%	ISHARES® 0-3 MONTH TREASURY BOND ETF (SGOV) - 14.94%
#2	N/A	ISHARES CORE HIGH DIVIDEND ETF (HDV) - 11.83%
#3	N/A	VANGUARD GROWTH ETF (VUG) - 8.36%
#4	N/A	INVESCO S&P MIDCAP MOMENTUM ETF (XMMO) - 6.17%
#5	N/A	VANECK SEMICONDUCTOR ETF (SMH) - 4.72%
#6	N/A	ISHARES BITCOIN TRUST ETF (IBIT) - 4.65%
#7	N/A	STATE STREET® INDSTRLSELSECTSPDR®ETF (XLI) - 4.22%
#8	N/A	ISHARES EXPANDED TECH-SOFTWARE SECT ETF (IGV) - 4.20%
#9	N/A	ISHARES US HOME CONSTRUCTION ETF (ITB) - 4.15%
#10	N/A	VANGUARD MID-CAP GROWTH ETF (VOT) - 4.12%
#11	N/A	STATE STREET®HLTHCRSELSECTSPDR®ETF (XLV) - 4.00%
#12	N/A	VANGUARD MID-CAP VALUE ETF (VOE) - 4.00%
#13	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.95%
#14	N/A	ISHARES US MEDICAL DEVICES ETF (IHI) - 3.94%
#15	N/A	STATE STREET®UTILSELSECTSPDR®ETF (XLU) - 3.86%
#16	N/A	ISHARES SILVER TRUST (SLV) - 3.82%
#17	N/A	FIRST TRUST NASDAQ CYBERSECURITY ETF (CIBR) - 3.64%
#18	N/A	ISHARES ETHEREUM TRUST ETF (ETHA) - 3.54%
#19	N/A	ISHARES US AEROSPACE & DEFENSE ETF (ITA) - 1.92%
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	19

ZHDG vs FDAT - Historical Returns

Returns include dividend reinvestment.

Period	ZHDG	FDAT
1 month	+0.02%	-0.63%
3 months	+4.93%	-1.05%
6 months	+3.40%	+2.86%
1 year	+15.28%	+10.34%
5 years(CAGR)	+5.53%	N/A
Max(CAGR)	+5.53%	+8.37%

Winner

ZHDG

+0.02%

FDAT

-0.63%

Winner

ZHDG

+4.93%

FDAT

-1.05%

Winner

ZHDG

+3.40%

FDAT

+2.86%

Winner

ZHDG

+15.28%

FDAT

+10.34%

5Y(CAGR)

ZHDG

+5.53%

FDAT

N/A

Max(CAGR)

ZHDG

+5.53%

Winner

FDAT

+8.37%

ZHDG vs FDAT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	ZHDG	FDAT
2026	+3.72%	+1.59%
2025	+15.11%	+7.34%
2024	+18.03%	+11.20%
2023	+13.42%	+6.14%
2022	-22.18%	N/A
2021	+6.40%	N/A

ZHDG vs FDAT Drawdown Comparison

The maximum drawdown for ZHDG was -23.27%, occurring on Dec 28, 2022. Recovery took 684 trading sessions.

The maximum drawdown for FDAT was -8.09%, occurring on Apr 8, 2025. Recovery took 174 trading sessions.

The current ZHDG drawdown is -2.62%. The current FDAT drawdown is -2.95%.

Rank	ZHDG	FDAT
#1	-23.27% Dec 29, 2021 - Sep 19, 2024	-8.09% Nov 29, 2024 - Aug 13, 2025
#2	-11.65% Dec 6, 2024 - Jun 24, 2025	-7.68% Jul 26, 2023 - Dec 14, 2023
#3	-8.56% Jan 27, 2026 - Apr 30, 2026	-7.11% Jul 16, 2024 - Sep 3, 2024
#4	-4.47% Sep 3, 2021 - Oct 26, 2021	-5.88% Oct 6, 2025 - Jan 6, 2026
#5	-3.79% Oct 28, 2025 - Jan 7, 2026	-4.87% Sep 3, 2024 - Sep 27, 2024
#6	-2.95% Nov 5, 2021 - Dec 8, 2021	-4.82% Mar 2, 2026 - Mar 30, 2026
#7	-2.80% Oct 14, 2024 - Nov 6, 2024	-3.73% Mar 28, 2024 - Jul 12, 2024
#8	-2.62% Jun 2, 2026 - Jun 8, 2026	-3.34% Jan 28, 2026 - Feb 20, 2026
#9	-2.34% Jan 7, 2026 - Jan 27, 2026	-3.25% Dec 27, 2023 - Feb 9, 2024
#10	-2.30% Jul 25, 2025 - Aug 12, 2025	-2.38% Oct 18, 2024 - Nov 6, 2024
#11	-2.23% Oct 8, 2025 - Oct 24, 2025	-2.18% Nov 11, 2024 - Nov 29, 2024
#12	-1.94% Dec 10, 2021 - Dec 23, 2021	-1.63% Jan 16, 2026 - Jan 27, 2026
#13	-1.87% Nov 11, 2024 - Nov 26, 2024	-1.51% Jun 15, 2023 - Jun 30, 2023
#14	-1.86% May 14, 2026 - May 26, 2026	-1.50% Aug 13, 2025 - Aug 22, 2025
#15	-1.71% Jul 14, 2021 - Jul 23, 2021	-1.43% Sep 22, 2025 - Sep 29, 2025