AGOX vs. TDSA

Last updated Jun 5, 2026

AGOX (Adaptive Alpha Opportunities ETF) and TDSA (Cabana Target Drawdown 5 ETF) are both Tactical Allocation funds. AGOX is actively managed, while TDSA is passively managed. AGOX charges 1.33%/yr vs 0.83%/yr for TDSA.

Performance

AGOX vs. TDSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adaptive Alpha Opportunities ETF (AGOX) and Cabana Target Drawdown 5 ETF (TDSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AGOX

• 1D: 0.58%
• 1M: 8.07%
• YTD: 21.85%
• 6M: 19.22%
• 1Y: 26.89%
• 3Y*: 18.41%
• 5Y*: 8.94%
• 10Y*: —

TDSA

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGOX vs. TDSA - Yearly Performance Comparison

	2026 (YTD)
AGOX Adaptive Alpha Opportunities ETF	16.91%
TDSA Cabana Target Drawdown 5 ETF	0.00%

AGOX vs. TDSA - Sectors Allocation Comparison

Sectors	AGOX	TDSA
Technology	50.1%	24.3%
Industrials	9.6%	6.7%
Communication Services	9.6%	6.5%
Healthcare	9.2%	6.7%
Consumer Cyclical	6.2%	8.6%
Financial Services	4.8%	4.7%
Basic Materials	3.2%	1.2%
Consumer Defensive	2.8%	3.1%
Utilities	2.1%	1.0%
Energy	1.8%	1.6%
Real Estate	0.7%	35.5%

Return for Risk

AGOX vs. TDSA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGOX

AGOX Risk / Return Rank: 42
AGOX Sharpe Ratio Rank: 43
AGOX Sortino Ratio Rank: 47
AGOX Omega Ratio Rank: 45
AGOX Calmar Ratio Rank: 36
AGOX Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGOX vs. TDSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adaptive Alpha Opportunities ETF (AGOX) and Cabana Target Drawdown 5 ETF (TDSA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AGOX	TDSA	Difference
Sharpe ratio: Return per unit of total volatility	1.47	—	—
Sortino ratio: Return per unit of downside risk	2.27	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.76	—	—
Martin ratio: Return relative to average drawdown	6.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AGOX	TDSA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	—	—

Drawdowns

AGOX vs. TDSA - Drawdown Comparison

The maximum AGOX drawdown since its inception was -26.93%, which is greater than TDSA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AGOX and TDSA.

Drawdown Indicators

	AGOX	TDSA	Difference
Max Drawdown Largest peak-to-trough decline	-26.93%	0.00%	-26.93%
Max Drawdown (1Y) Largest decline over 1 year	-15.32%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.93%	—	—
Current Drawdown Current decline from peak	-0.77%	0.00%	-0.77%
Average Drawdown Average peak-to-trough decline	-8.17%	0.00%	-8.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.19%	—	—

Volatility

Volatility by Period

	AGOX	TDSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.35%	0.00%	+18.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.67%	0.00%	+19.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	0.00%	+19.67%

AGOX vs. TDSA - Expense Ratio Comparison

AGOX has a 1.33% expense ratio, which is higher than TDSA's 0.83% expense ratio.

Dividends

AGOX vs. TDSA - Dividend Comparison

AGOX's dividend yield for the trailing twelve months is around 2.65%, while TDSA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
AGOX Adaptive Alpha Opportunities ETF	2.65%	3.23%	3.94%	0.27%	0.20%	6.36%
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, AGOX or TDSA?

On fees, TDSA is cheaper at 0.83% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AGOX or TDSA?

TDSA is cheaper with a 0.83% expense ratio, compared with 1.33% for AGOX.

Which ETF pays a higher dividend yield, AGOX or TDSA?

AGOX has the higher dividend yield at 2.65%, compared with 0.00% for TDSA.

What is the main difference between AGOX and TDSA?

They also come from different issuers: Adaptive Funds and Cabana. Their fees differ too: 1.33% for AGOX and 0.83% for TDSA.