ESBG vs. TDSA

Last updated Jun 3, 2026

ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) and TDSA (Cabana Target Drawdown 5 ETF) are both Tactical Allocation funds. ESBG is actively managed, while TDSA is passively managed. ESBG charges 0.95%/yr vs 0.83%/yr for TDSA.

Performance

ESBG vs. TDSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and Cabana Target Drawdown 5 ETF (TDSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ESBG

• 1D: 0.19%
• 1M: 0.78%
• YTD: 6.36%
• 6M: 8.12%
• 1Y: —
• 3Y*: —
• 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)

ESBG vs. TDSA - Yearly Performance Comparison

	2026 (YTD)
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	-3.90%
TDSA Cabana Target Drawdown 5 ETF	0.00%

Return for Risk

ESBG vs. TDSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ESBG	TDSA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	—	—

Drawdowns

ESBG vs. TDSA - Drawdown Comparison

The maximum ESBG drawdown since its inception was -18.84%, which is greater than TDSA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ESBG and TDSA.

Drawdown Indicators

	ESBG	TDSA	Difference
Max Drawdown Largest peak-to-trough decline	-18.84%	0.00%	-18.84%
Current Drawdown Current decline from peak	-9.80%	0.00%	-9.80%
Average Drawdown Average peak-to-trough decline	-6.21%	0.00%	-6.21%

Volatility

Volatility by Period

	ESBG	TDSA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.31%	0.00%	+25.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.31%	0.00%	+25.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.31%	0.00%	+25.31%

ESBG vs. TDSA - Expense Ratio Comparison

ESBG has a 0.95% expense ratio, which is higher than TDSA's 0.83% expense ratio.

Dividends

ESBG vs. TDSA - Dividend Comparison

ESBG's dividend yield for the trailing twelve months is around 0.57%, while TDSA has not paid dividends to shareholders.

Position	TTM	2025
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	0.57%	0.24%
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ESBG 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, ESBG or TDSA?

TDSA is cheaper with a 0.83% expense ratio, compared with 0.95% for ESBG.

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

ESBG has the higher dividend yield at 0.57%, compared with 0.00% for TDSA.

What is the main difference between ESBG and TDSA?

They also come from different issuers: First Trust and Cabana. Their fees differ too: 0.95% for ESBG and 0.83% for TDSA.