GTND vs. TDSB

Last updated Jul 28, 2026

GTND (Goaltender ETF) and TDSB (Cabana Target Drawdown 7 ETF) are both Tactical Allocation funds. Both are actively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. GTND charges 0.46%/yr vs 0.69%/yr for TDSB.

Performance

GTND vs. TDSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goaltender ETF (GTND) and Cabana Target Drawdown 7 ETF (TDSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GTND

• 1D: 0.07%
• 1M: -1.01%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TDSB

• 1D: -0.13%
• 1M: -0.27%
• 6M: 0.64%
• YTD: 3.52%
• 1Y: 11.69%
• 3Y*: 8.13%
• 5Y*: 1.40%
• 10Y*: —
• ALL TIME*: 2.06%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GTND Goaltender ETF	$23.11K	$23.18K	$210.02K
TDSB Cabana Target Drawdown 7 ETF	$99.86K	$272.57K	$144.38K

GTND vs. TDSB - Yearly Performance Comparison

	2026 (YTD)
GTND Goaltender ETF	-2.22%
TDSB Cabana Target Drawdown 7 ETF	-1.45%

Correlation

The correlation between GTND and TDSB is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 14, 2026	0.70

Return for Risk

GTND vs. TDSB — Risk / Return Rank

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

GTND

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

TDSB

TDSB Risk / Return Rank: 76
TDSB Sharpe Ratio Rank: 80
TDSB Sortino Ratio Rank: 78
TDSB Omega Ratio Rank: 80
TDSB Calmar Ratio Rank: 71
TDSB Martin Ratio Rank: 71

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.

GTND vs. TDSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goaltender ETF (GTND) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GTND	TDSB	Difference
Sharpe ratio: Return per unit of total volatility	—	1.84	—
Sortino ratio: Return per unit of downside risk	—	2.53	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	2.53	—
Martin ratio: Return relative to average drawdown	—	8.71	—

Drawdowns

GTND vs. TDSB - Drawdown Comparison

The maximum GTND drawdown since its inception was -5.38%, smaller than the maximum TDSB drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for GTND and TDSB.

Drawdown Indicators

	GTND	TDSB	Difference
Max Drawdown Largest peak-to-trough decline	-5.38%	-19.56%	+14.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.56%	—
Current Drawdown Current decline from peak	-4.91%	-1.87%	-3.04%
Average Drawdown Average peak-to-trough decline	-2.18%	-8.95%	+6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.35%	—

Volatility

Volatility by Period

	GTND	TDSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.43%	6.41%	+11.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.43%	7.34%	+10.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.43%	7.51%	+9.92%

GTND vs. TDSB - Expense Ratio Comparison

GTND has a 0.46% expense ratio, which is lower than TDSB's 0.69% expense ratio.

Dividends

GTND vs. TDSB - Dividend Comparison

GTND's dividend yield for the trailing twelve months is around 0.16%, less than TDSB's 2.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GTND Goaltender ETF	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDSB Cabana Target Drawdown 7 ETF	2.28%	1.93%	3.50%	2.77%	1.81%	1.75%	0.46%

Frequently Asked Questions

Can I hold both GTND and TDSB in my portfolio?

GTND and TDSB have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTND or TDSB?

On fees, GTND is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTND or TDSB?

GTND is cheaper with a 0.46% expense ratio, compared with 0.69% for TDSB.

Which ETF pays a higher dividend yield, GTND or TDSB?

TDSB has the higher dividend yield at 2.28%, compared with 0.16% for GTND.

What is the main difference between GTND and TDSB?

They also come from different issuers: Ritholtz Wealth Management and Exchange Traded Concepts. Their fees differ too: 0.46% for GTND and 0.69% for TDSB.