MATE vs. TDSA

Last updated Jun 4, 2026

MATE (Man Active Trend Enhanced ETF) and TDSA (Cabana Target Drawdown 5 ETF) are both Tactical Allocation funds. MATE is actively managed, while TDSA is passively managed. MATE charges 0.97%/yr vs 0.83%/yr for TDSA.

Performance

MATE vs. TDSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Man Active Trend Enhanced ETF (MATE) and Cabana Target Drawdown 5 ETF (TDSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MATE

• 1D: -0.07%
• 1M: 7.70%
• YTD: 20.78%
• 6M: —
• 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)

MATE vs. TDSA - Yearly Performance Comparison

	2026 (YTD)
MATE Man Active Trend Enhanced ETF	12.12%
TDSA Cabana Target Drawdown 5 ETF	0.00%

Return for Risk

MATE vs. TDSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Trend Enhanced ETF (MATE) 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

	MATE	TDSA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.07	—	—

Drawdowns

MATE vs. TDSA - Drawdown Comparison

The maximum MATE drawdown since its inception was -13.24%, which is greater than TDSA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MATE and TDSA.

Drawdown Indicators

	MATE	TDSA	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	0.00%	-13.24%
Current Drawdown Current decline from peak	-0.07%	0.00%	-0.07%
Average Drawdown Average peak-to-trough decline	-3.27%	0.00%	-3.27%

Volatility

Volatility by Period

	MATE	TDSA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.76%	0.00%	+21.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.76%	0.00%	+21.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.76%	0.00%	+21.76%

MATE vs. TDSA - Expense Ratio Comparison

MATE has a 0.97% expense ratio, which is higher than TDSA's 0.83% expense ratio.

Dividends

MATE vs. TDSA - Dividend Comparison

Neither MATE nor TDSA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, MATE 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, MATE or TDSA?

TDSA is cheaper with a 0.83% expense ratio, compared with 0.97% for MATE.

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

MATE and TDSA have nearly identical dividend yields, around 0.00%.

What is the main difference between MATE and TDSA?

They also come from different issuers: Man Group and Cabana. Their fees differ too: 0.97% for MATE and 0.83% for TDSA.