ORO vs. TDSA

Last updated Jun 4, 2026

ORO (Arrow Valtoro ETF) and TDSA (Cabana Target Drawdown 5 ETF) are both Tactical Allocation funds. ORO is actively managed, while TDSA is passively managed. ORO charges 1.25%/yr vs 0.83%/yr for TDSA.

Performance

ORO vs. TDSA - Performance Comparison

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

Returns By Period

ORO

• 1D: -0.51%
• 1M: -3.85%
• YTD: 7.13%
• 6M: 6.27%
• 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)

ORO vs. TDSA - Yearly Performance Comparison

	2026 (YTD)
ORO Arrow Valtoro ETF	2.82%
TDSA Cabana Target Drawdown 5 ETF	0.00%

Return for Risk

ORO vs. TDSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow Valtoro ETF (ORO) 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

	ORO	TDSA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	—	—

Drawdowns

ORO vs. TDSA - Drawdown Comparison

The maximum ORO drawdown since its inception was -12.46%, which is greater than TDSA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ORO and TDSA.

Drawdown Indicators

	ORO	TDSA	Difference
Max Drawdown Largest peak-to-trough decline	-12.46%	0.00%	-12.46%
Current Drawdown Current decline from peak	-6.56%	0.00%	-6.56%
Average Drawdown Average peak-to-trough decline	-6.54%	0.00%	-6.54%

Volatility

Volatility by Period

	ORO	TDSA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.68%	0.00%	+23.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	0.00%	+23.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	0.00%	+23.68%

ORO vs. TDSA - Expense Ratio Comparison

ORO has a 1.25% expense ratio, which is higher than TDSA's 0.83% expense ratio.

Dividends

ORO vs. TDSA - Dividend Comparison

Neither ORO nor TDSA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, ORO 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, ORO or TDSA?

TDSA is cheaper with a 0.83% expense ratio, compared with 1.25% for ORO.

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

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

What is the main difference between ORO and TDSA?

They also come from different issuers: Arrow Funds and Cabana. Their fees differ too: 1.25% for ORO and 0.83% for TDSA.