EZRO vs. CLSM

Last updated Jun 4, 2026

EZRO (AlphaDroid Defensive Sector Rotation ETF) and CLSM (Cabana Target Leading Sector Moderate ETF) are both Tactical Allocation funds. EZRO is actively managed, while CLSM is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. EZRO charges 1.01%/yr vs 0.82%/yr for CLSM.

Performance

EZRO vs. CLSM - Performance Comparison

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

Returns By Period

In the year-to-date period, EZRO achieves a 8.53% return, which is significantly lower than CLSM's 20.45% return.

EZRO

• 1D: -1.77%
• 1M: -1.37%
• YTD: 8.53%
• 6M: 8.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLSM

• 1D: -0.38%
• 1M: 9.23%
• YTD: 20.45%
• 6M: 20.19%
• 1Y: 34.21%
• 3Y*: 13.75%
• 5Y*: —
• 10Y*: —

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

EZRO vs. CLSM - Yearly Performance Comparison

	2026 (YTD)	2025
EZRO AlphaDroid Defensive Sector Rotation ETF	8.53%	-1.65%
CLSM Cabana Target Leading Sector Moderate ETF	20.45%	0.92%

Correlation

The correlation between EZRO and CLSM is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025	0.61

Return for Risk

EZRO vs. CLSM — Risk / Return Rank

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

CLSM

CLSM Risk / Return Rank: 82
CLSM Sharpe Ratio Rank: 83
CLSM Sortino Ratio Rank: 80
CLSM Omega Ratio Rank: 83
CLSM Calmar Ratio Rank: 80
CLSM Martin Ratio Rank: 83

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.

EZRO vs. CLSM - Risk-Adjusted Trends Comparison

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

	EZRO	CLSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.35	+0.25

Drawdowns

EZRO vs. CLSM - Drawdown Comparison

The maximum EZRO drawdown since its inception was -11.57%, smaller than the maximum CLSM drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for EZRO and CLSM.

Drawdown Indicators

	EZRO	CLSM	Difference
Max Drawdown Largest peak-to-trough decline	-11.57%	-27.77%	+16.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.60%	—
Current Drawdown Current decline from peak	-3.67%	-0.38%	-3.29%
Average Drawdown Average peak-to-trough decline	-3.57%	-16.49%	+12.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.05%	—

Volatility

Volatility by Period

	EZRO	CLSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	12.70%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	12.47%	+6.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	12.47%	+6.10%

EZRO vs. CLSM - Expense Ratio Comparison

EZRO has a 1.01% expense ratio, which is higher than CLSM's 0.82% expense ratio.

Dividends

EZRO vs. CLSM - Dividend Comparison

EZRO has not paid dividends to shareholders, while CLSM's dividend yield for the trailing twelve months is around 0.75%.

Position	TTM	2025	2024	2023	2022	2021
CLSM Cabana Target Leading Sector Moderate ETF	0.75%	0.90%	2.13%	2.58%	3.17%	0.59%
EZRO AlphaDroid Defensive Sector Rotation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EZRO and CLSM in my portfolio?

EZRO and CLSM have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EZRO or CLSM?

On fees, CLSM is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EZRO or CLSM?

CLSM is cheaper with a 0.82% expense ratio, compared with 1.01% for EZRO.

Which ETF pays a higher dividend yield, EZRO or CLSM?

CLSM has the higher dividend yield at 0.75%, compared with 0.00% for EZRO.

What is the main difference between EZRO and CLSM?

They also come from different issuers: AlphaDroid and Cabana. Their fees differ too: 1.01% for EZRO and 0.82% for CLSM.