GMOD vs. TDSC

Last updated Jun 6, 2026

GMOD (GMO Dynamic Allocation ETF) and TDSC (Cabana Target Drawdown 10 ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. GMOD charges 0.50%/yr vs 0.69%/yr for TDSC.

Performance

GMOD vs. TDSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO Dynamic Allocation ETF (GMOD) and Cabana Target Drawdown 10 ETF (TDSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMOD achieves a 5.74% return, which is significantly lower than TDSC's 9.26% return.

GMOD

• 1D: -1.79%
• 1M: -1.01%
• YTD: 5.74%
• 6M: 6.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDSC

• 1D: -2.22%
• 1M: 0.57%
• YTD: 9.26%
• 6M: 9.04%
• 1Y: 17.95%
• 3Y*: 10.30%
• 5Y*: 2.88%
• 10Y*: —

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

GMOD vs. TDSC - Yearly Performance Comparison

	2026 (YTD)	2025
GMOD GMO Dynamic Allocation ETF	5.74%	3.87%
TDSC Cabana Target Drawdown 10 ETF	9.26%	2.10%

Correlation

The correlation between GMOD and TDSC is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.80

Return for Risk

GMOD vs. TDSC — Risk / Return Rank

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

TDSC

TDSC Risk / Return Rank: 66
TDSC Sharpe Ratio Rank: 63
TDSC Sortino Ratio Rank: 62
TDSC Omega Ratio Rank: 62
TDSC Calmar Ratio Rank: 71
TDSC Martin Ratio Rank: 74

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.

GMOD vs. TDSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO Dynamic Allocation ETF (GMOD) and Cabana Target Drawdown 10 ETF (TDSC). 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

	GMOD	TDSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.96	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.77	0.37	+1.40

Drawdowns

GMOD vs. TDSC - Drawdown Comparison

The maximum GMOD drawdown since its inception was -6.50%, smaller than the maximum TDSC drawdown of -21.51%. Use the drawdown chart below to compare losses from any high point for GMOD and TDSC.

Drawdown Indicators

	GMOD	TDSC	Difference
Max Drawdown Largest peak-to-trough decline	-6.50%	-21.51%	+15.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.51%	—
Current Drawdown Current decline from peak	-1.83%	-2.22%	+0.39%
Average Drawdown Average peak-to-trough decline	-1.16%	-9.37%	+8.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.38%	—

Volatility

Volatility by Period

	GMOD	TDSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	8.95%	9.19%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.95%	10.32%	-1.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.95%	10.26%	-1.31%

GMOD vs. TDSC - Expense Ratio Comparison

GMOD has a 0.50% expense ratio, which is lower than TDSC's 0.69% expense ratio.

Dividends

GMOD vs. TDSC - Dividend Comparison

GMOD's dividend yield for the trailing twelve months is around 0.88%, less than TDSC's 2.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GMOD GMO Dynamic Allocation ETF	0.88%	0.93%	0.00%	0.00%	0.00%	0.00%	0.00%
TDSC Cabana Target Drawdown 10 ETF	2.05%	2.92%	2.06%	2.06%	1.76%	1.11%	0.54%

Frequently Asked Questions

Can I hold both GMOD and TDSC in my portfolio?

GMOD and TDSC have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GMOD or TDSC?

On fees, GMOD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GMOD or TDSC?

GMOD is cheaper with a 0.50% expense ratio, compared with 0.69% for TDSC.

Which ETF pays a higher dividend yield, GMOD or TDSC?

TDSC has the higher dividend yield at 2.05%, compared with 0.88% for GMOD.

What is the main difference between GMOD and TDSC?

They also come from different issuers: GMO and Exchange Traded Concepts. Their fees differ too: 0.50% for GMOD and 0.69% for TDSC.