CLSM vs. TDSA

Last updated Apr 3, 2026

Compare and contrast key facts about Cabana Target Leading Sector Moderate ETF (CLSM) and Cabana Target Drawdown 5 ETF (TDSA).

CLSM and TDSA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CLSM is a passively managed fund by Cabana that tracks the performance of the Actively Managed. It was launched on Jul 12, 2021. TDSA is a passively managed fund by Cabana that tracks the performance of the Actively Managed. It was launched on Sep 16, 2020. Both CLSM and TDSA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CLSM vs. TDSA - Performance Comparison

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

CLSM vs. TDSA - Yearly Performance Comparison

	2026 (YTD)
CLSM Cabana Target Leading Sector Moderate ETF	-1.82%
TDSA Cabana Target Drawdown 5 ETF	0.00%

Returns By Period

CLSM

• 1D: 0.16%
• 1M: -0.70%
• YTD: 1.09%
• 6M: 2.59%
• 1Y: 12.48%
• 3Y*: 7.19%
• 5Y*: —
• 10Y*: —

TDSA

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

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

CLSM vs. TDSA - Expense Ratio Comparison

CLSM has a 0.82% expense ratio, which is lower than TDSA's 0.83% expense ratio.

TDSA

Cabana Target Drawdown 5 ETF

CLSM

Cabana Target Leading Sector Moderate ETF

Return for Risk

CLSM vs. TDSA — Risk / Return Rank

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

CLSM

CLSM Risk / Return Rank: 36
CLSM Sharpe Ratio Rank: 40
CLSM Sortino Ratio Rank: 35
CLSM Omega Ratio Rank: 40
CLSM Calmar Ratio Rank: 29
CLSM Martin Ratio Rank: 33

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.

CLSM vs. TDSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Leading Sector Moderate ETF (CLSM) 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.

	CLSM	TDSA	Difference
Sharpe ratio Return per unit of total volatility	0.80	—	—
Sortino ratio Return per unit of downside risk	1.10	—	—
Omega ratio Gain probability vs. loss probability	1.17	—	—
Calmar ratio Return relative to maximum drawdown	1.00	—	—
Martin ratio Return relative to average drawdown	3.99	—	—
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

	CLSM	TDSA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	—	—

Dividends

CLSM vs. TDSA - Dividend Comparison

CLSM's dividend yield for the trailing twelve months is around 0.89%, while TDSA has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
CLSM Cabana Target Leading Sector Moderate ETF	0.89%	0.90%	2.13%	2.58%	3.17%	0.59%
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CLSM vs. TDSA - Drawdown Comparison

The maximum CLSM drawdown since its inception was -27.77%, which is greater than TDSA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CLSM and TDSA.

Drawdown Indicators

	CLSM	TDSA	Difference
Max Drawdown Largest peak-to-trough decline	-27.77%	0.00%	-27.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	—	—
Current Drawdown Current decline from peak	-6.76%	0.00%	-6.76%
Average Drawdown Average peak-to-trough decline	-17.03%	0.00%	-17.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	—	—

Volatility

Volatility by Period

	CLSM	TDSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	0.00%	+15.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	0.00%	+12.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.42%	0.00%	+12.42%