QTAC vs. CLSM
QTAC (Q3 All-Season Tactical Advantage ETF) and CLSM (Cabana Target Leading Sector Moderate ETF) are both Tactical Allocation funds. QTAC is actively managed, while CLSM is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. QTAC charges 1.78%/yr vs 0.82%/yr for CLSM.
Performance
QTAC vs. CLSM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QTAC achieves a -1.42% return, which is significantly lower than CLSM's 17.55% return.
QTAC
- 1D
- 0.69%
- 1M
- 1.38%
- 6M
- -4.08%
- YTD
- -1.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLSM
- 1D
- 0.46%
- 1M
- 0.49%
- 6M
- 15.17%
- YTD
- 17.55%
- 1Y
- 26.98%
- 3Y*
- 12.70%
- 5Y*
- —
- 10Y*
- —
QTAC vs. CLSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QTAC Q3 All-Season Tactical Advantage ETF | -1.42% | 1.87% |
CLSM Cabana Target Leading Sector Moderate ETF | 17.55% | 0.28% |
Correlation
The correlation between QTAC and CLSM is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025 | 0.84 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QTAC vs. CLSM — Risk / Return Rank
QTAC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CLSM
QTAC vs. CLSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Q3 All-Season Tactical Advantage ETF (QTAC) 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.
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.
| QTAC | CLSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.14 | — |
| Martin ratioReturn relative to average drawdown | — | 11.57 | — |
Loading charts...
Drawdowns
QTAC vs. CLSM - Drawdown Comparison
The maximum QTAC drawdown since its inception was -16.56%, smaller than the maximum CLSM drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for QTAC and CLSM.
Loading charts...
Drawdown Indicators
| QTAC | CLSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.56% | -27.77% | +11.21% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.50% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.60% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.77% | — |
Current DrawdownCurrent decline from peak | -5.00% | -2.78% | -2.22% |
Average DrawdownAverage peak-to-trough decline | -6.50% | -16.21% | +9.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.30% | — |
Volatility
QTAC vs. CLSM - Volatility Comparison
Loading charts...
Volatility by Period
| QTAC | CLSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.61% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.22% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.87% | 14.12% | +14.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.87% | 12.71% | +16.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.87% | 12.71% | +16.16% |
QTAC vs. CLSM - Expense Ratio Comparison
QTAC has a 1.78% expense ratio, which is higher than CLSM's 0.82% expense ratio.
Dividends
QTAC vs. CLSM - Dividend Comparison
QTAC's dividend yield for the trailing twelve months is around 0.06%, less than CLSM's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CLSM Cabana Target Leading Sector Moderate ETF | 0.76% | 0.90% | 2.13% | 2.58% | 3.17% | 0.59% |
QTAC Q3 All-Season Tactical Advantage ETF | 0.06% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QTAC and CLSM have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
CLSM is cheaper with a 0.82% expense ratio, compared with 1.78% for QTAC.
CLSM has the higher dividend yield at 0.76%, compared with 0.06% for QTAC.
They also come from different issuers: Q3 Asset Management and Cabana. Their fees differ too: 1.78% for QTAC and 0.82% for CLSM.
Find the right allocation for QTAC and CLSM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer