CLSM vs. TDSB

Last updated Apr 3, 2026

Compare and contrast key facts about Cabana Target Leading Sector Moderate ETF (CLSM) and Cabana Target Drawdown 7 ETF (TDSB).

CLSM and TDSB 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. TDSB is an actively managed fund by Exchange Traded Concepts. It was launched on Sep 16, 2020.

Performance

CLSM vs. TDSB - 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 7 ETF (TDSB). The values are adjusted to include any dividend payments, if applicable.

CLSM vs. TDSB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CLSM Cabana Target Leading Sector Moderate ETF	1.09%	15.32%	1.87%	3.78%	-23.23%	9.10%
TDSB Cabana Target Drawdown 7 ETF	2.60%	12.95%	3.56%	4.71%	-16.83%	2.81%

Returns By Period

In the year-to-date period, CLSM achieves a 1.09% return, which is significantly lower than TDSB's 2.60% return.

CLSM

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

TDSB

• 1D: -0.04%
• 1M: -1.79%
• YTD: 2.60%
• 6M: 5.39%
• 1Y: 12.15%
• 3Y*: 8.33%
• 5Y*: 2.33%
• 10Y*: —

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

CLSM vs. TDSB - Expense Ratio Comparison

CLSM has a 0.82% expense ratio, which is higher than TDSB's 0.69% expense ratio.

CLSM

Cabana Target Leading Sector Moderate ETF

TDSB

Cabana Target Drawdown 7 ETF

Return for Risk

CLSM vs. TDSB — 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

TDSB

TDSB Risk / Return Rank: 75
TDSB Sharpe Ratio Rank: 81
TDSB Sortino Ratio Rank: 80
TDSB Omega Ratio Rank: 82
TDSB Calmar Ratio Rank: 67
TDSB Martin Ratio Rank: 68

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. TDSB - 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 7 ETF (TDSB). 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	TDSB	Difference
Sharpe ratio Return per unit of total volatility	0.80	1.63	-0.83
Sortino ratio Return per unit of downside risk	1.10	2.16	-1.06
Omega ratio Gain probability vs. loss probability	1.17	1.33	-0.16
Calmar ratio Return relative to maximum drawdown	1.00	2.06	-1.07
Martin ratio Return relative to average drawdown	3.99	8.24	-4.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLSM vs. TDSB - Sharpe Ratio Comparison

The current CLSM Sharpe Ratio is 0.80, which is lower than the TDSB Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of CLSM and TDSB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CLSM	TDSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	1.63	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.27	-0.22

Correlation

The correlation between CLSM and TDSB is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CLSM vs. TDSB - Dividend Comparison

CLSM's dividend yield for the trailing twelve months is around 0.89%, less than TDSB's 2.17% yield.

	TTM	2025	2024	2023	2022	2021	2020
CLSM Cabana Target Leading Sector Moderate ETF	0.89%	0.90%	2.13%	2.58%	3.17%	0.59%	0.00%
TDSB Cabana Target Drawdown 7 ETF	2.17%	1.93%	3.50%	2.77%	1.81%	1.75%	0.46%

Drawdowns

CLSM vs. TDSB - Drawdown Comparison

The maximum CLSM drawdown since its inception was -27.77%, which is greater than TDSB's maximum drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for CLSM and TDSB.

Drawdown Indicators

	CLSM	TDSB	Difference
Max Drawdown Largest peak-to-trough decline	-27.77%	-19.56%	-8.21%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-4.78%	-4.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.56%	—
Current Drawdown Current decline from peak	-6.76%	-2.74%	-4.02%
Average Drawdown Average peak-to-trough decline	-17.03%	-9.36%	-7.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	1.51%	+1.69%

Volatility

CLSM vs. TDSB - Volatility Comparison

Cabana Target Leading Sector Moderate ETF (CLSM) has a higher volatility of 6.14% compared to Cabana Target Drawdown 7 ETF (TDSB) at 2.60%. This indicates that CLSM's price experiences larger fluctuations and is considered to be riskier than TDSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLSM	TDSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.14%	2.60%	+3.54%
Volatility (6M) Calculated over the trailing 6-month period	10.62%	5.08%	+5.54%
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	7.49%	+8.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	7.37%	+5.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.42%	7.58%	+4.84%