ORO vs. TDSC

Last updated Jun 4, 2026

ORO (Arrow Valtoro ETF) and TDSC (Cabana Target Drawdown 10 ETF) are both Tactical Allocation funds. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined. ORO charges 1.25%/yr vs 0.69%/yr for TDSC.

Performance

ORO vs. TDSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow Valtoro ETF (ORO) 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, ORO achieves a 7.13% return, which is significantly lower than TDSC's 11.42% return.

ORO

• 1D: -0.51%
• 1M: -3.85%
• YTD: 7.13%
• 6M: 6.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDSC

• 1D: -0.14%
• 1M: 3.77%
• YTD: 11.42%
• 6M: 10.93%
• 1Y: 19.88%
• 3Y*: 11.01%
• 5Y*: 3.28%
• 10Y*: —

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

ORO vs. TDSC - Yearly Performance Comparison

	2026 (YTD)	2025
ORO Arrow Valtoro ETF	7.13%	-8.96%
TDSC Cabana Target Drawdown 10 ETF	11.42%	1.60%

Correlation

The correlation between ORO and TDSC is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 20, 2025	0.64

Return for Risk

ORO 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: 71
TDSC Sharpe Ratio Rank: 68
TDSC Sortino Ratio Rank: 69
TDSC Omega Ratio Rank: 67
TDSC Calmar Ratio Rank: 75
TDSC Martin Ratio Rank: 76

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.

ORO vs. TDSC - Risk-Adjusted Trends Comparison

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

	ORO	TDSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.41	-0.57

Drawdowns

ORO vs. TDSC - Drawdown Comparison

The maximum ORO drawdown since its inception was -12.46%, smaller than the maximum TDSC drawdown of -21.51%. Use the drawdown chart below to compare losses from any high point for ORO and TDSC.

Drawdown Indicators

	ORO	TDSC	Difference
Max Drawdown Largest peak-to-trough decline	-12.46%	-21.51%	+9.05%
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	-6.56%	-0.14%	-6.42%
Average Drawdown Average peak-to-trough decline	-6.54%	-9.38%	+2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.37%	—

Volatility

Volatility by Period

	ORO	TDSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.68%	8.90%	+14.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	10.28%	+13.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	10.22%	+13.46%

ORO vs. TDSC - Expense Ratio Comparison

ORO has a 1.25% expense ratio, which is higher than TDSC's 0.69% expense ratio.

Dividends

ORO vs. TDSC - Dividend Comparison

ORO has not paid dividends to shareholders, while TDSC's dividend yield for the trailing twelve months is around 2.01%.

Position	TTM	2025	2024	2023	2022	2021	2020
ORO Arrow Valtoro ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDSC Cabana Target Drawdown 10 ETF	2.01%	2.92%	2.06%	2.06%	1.76%	1.11%	0.54%

Frequently Asked Questions

Can I hold both ORO and TDSC in my portfolio?

ORO and TDSC have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ORO or TDSC?

On fees, TDSC is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ORO or TDSC?

TDSC is cheaper with a 0.69% expense ratio, compared with 1.25% for ORO.

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

TDSC has the higher dividend yield at 2.01%, compared with 0.00% for ORO.

What is the main difference between ORO and TDSC?

They also come from different issuers: Arrow Funds and Exchange Traded Concepts. Their fees differ too: 1.25% for ORO and 0.69% for TDSC.