LOTI vs. CLSM

Last updated Jun 5, 2026

LOTI (Liberty One Tactical Income ETF) and CLSM (Cabana Target Leading Sector Moderate ETF) are both Tactical Allocation funds. LOTI is actively managed, while CLSM is passively managed. At a 0.20 correlation, their price movements are largely independent. LOTI charges 1.01%/yr vs 0.82%/yr for CLSM.

Performance

LOTI vs. CLSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Liberty One Tactical Income ETF (LOTI) 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, LOTI achieves a 2.94% return, which is significantly lower than CLSM's 19.63% return.

LOTI

• 1D: 0.30%
• 1M: -0.27%
• YTD: 2.94%
• 6M: 2.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLSM

• 1D: -0.68%
• 1M: 7.03%
• YTD: 19.63%
• 6M: 19.45%
• 1Y: 33.43%
• 3Y*: 13.57%
• 5Y*: —
• 10Y*: —

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

LOTI vs. CLSM - Yearly Performance Comparison

	2026 (YTD)	2025
LOTI Liberty One Tactical Income ETF	2.94%	0.44%
CLSM Cabana Target Leading Sector Moderate ETF	19.63%	1.80%

Correlation

The correlation between LOTI and CLSM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.20

Return for Risk

LOTI 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: 81
CLSM Sharpe Ratio Rank: 82
CLSM Sortino Ratio Rank: 80
CLSM Omega Ratio Rank: 82
CLSM Calmar Ratio Rank: 78
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.

LOTI vs. CLSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Liberty One Tactical Income ETF (LOTI) 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

	LOTI	CLSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.34	+0.56

Drawdowns

LOTI vs. CLSM - Drawdown Comparison

The maximum LOTI drawdown since its inception was -4.42%, smaller than the maximum CLSM drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for LOTI and CLSM.

Drawdown Indicators

	LOTI	CLSM	Difference
Max Drawdown Largest peak-to-trough decline	-4.42%	-27.77%	+23.35%
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	-2.23%	-1.06%	-1.17%
Average Drawdown Average peak-to-trough decline	-1.34%	-16.48%	+15.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.05%	—

Volatility

Volatility by Period

	LOTI	CLSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.67%	12.73%	-7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.67%	12.47%	-6.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.67%	12.47%	-6.80%

LOTI vs. CLSM - Expense Ratio Comparison

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

Dividends

LOTI vs. CLSM - Dividend Comparison

LOTI's dividend yield for the trailing twelve months is around 1.33%, more than CLSM's 0.75% yield.

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%
LOTI Liberty One Tactical Income ETF	1.33%	0.45%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LOTI and CLSM in my portfolio?

LOTI and CLSM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LOTI 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, LOTI or CLSM?

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

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

LOTI has the higher dividend yield at 1.33%, compared with 0.75% for CLSM.

What is the main difference between LOTI and CLSM?

They also come from different issuers: Liberty One and Cabana. Their fees differ too: 1.01% for LOTI and 0.82% for CLSM.