TDSA vs. AGOX

Last updated Jun 4, 2026

TDSA (Cabana Target Drawdown 5 ETF) and AGOX (Adaptive Alpha Opportunities ETF) are both Tactical Allocation funds. TDSA is passively managed, while AGOX is actively managed. TDSA charges 0.83%/yr vs 1.33%/yr for AGOX.

Performance

TDSA vs. AGOX - Performance Comparison

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

Returns By Period

TDSA

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AGOX

• 1D: -1.34%
• 1M: 8.25%
• YTD: 21.15%
• 6M: 18.69%
• 1Y: 25.61%
• 3Y*: 18.06%
• 5Y*: 8.81%
• 10Y*: —

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

TDSA vs. AGOX - Yearly Performance Comparison

	2026 (YTD)
TDSA Cabana Target Drawdown 5 ETF	0.00%
AGOX Adaptive Alpha Opportunities ETF	16.24%

TDSA vs. AGOX - Sectors Allocation Comparison

Sectors	TDSA	AGOX
Real Estate	35.5%	0.7%
Technology	24.3%	50.1%
Consumer Cyclical	8.6%	6.2%
Industrials	6.7%	9.6%
Healthcare	6.7%	9.2%
Communication Services	6.5%	9.6%
Financial Services	4.7%	4.8%
Consumer Defensive	3.1%	2.8%
Energy	1.6%	1.8%
Basic Materials	1.2%	3.2%
Utilities	1.0%	2.1%

Return for Risk

TDSA vs. AGOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGOX

AGOX Risk / Return Rank: 39
AGOX Sharpe Ratio Rank: 39
AGOX Sortino Ratio Rank: 43
AGOX Omega Ratio Rank: 41
AGOX Calmar Ratio Rank: 34
AGOX Martin Ratio Rank: 39

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.

TDSA vs. AGOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 5 ETF (TDSA) and Adaptive Alpha Opportunities ETF (AGOX). 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

	TDSA	AGOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.50	—

Drawdowns

TDSA vs. AGOX - Drawdown Comparison

The maximum TDSA drawdown since its inception was 0.00%, smaller than the maximum AGOX drawdown of -26.93%. Use the drawdown chart below to compare losses from any high point for TDSA and AGOX.

Drawdown Indicators

	TDSA	AGOX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-26.93%	+26.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.32%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.93%	—
Current Drawdown Current decline from peak	0.00%	-1.34%	+1.34%
Average Drawdown Average peak-to-trough decline	0.00%	-8.18%	+8.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.19%	—

Volatility

Volatility by Period

	TDSA	AGOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.37%	-18.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	19.67%	-19.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	19.67%	-19.67%

TDSA vs. AGOX - Expense Ratio Comparison

TDSA has a 0.83% expense ratio, which is lower than AGOX's 1.33% expense ratio.

Dividends

TDSA vs. AGOX - Dividend Comparison

TDSA has not paid dividends to shareholders, while AGOX's dividend yield for the trailing twelve months is around 2.66%.

Position	TTM	2025	2024	2023	2022	2021
AGOX Adaptive Alpha Opportunities ETF	2.66%	3.23%	3.94%	0.27%	0.20%	6.36%
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, TDSA or AGOX?

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, TDSA or AGOX?

TDSA is cheaper with a 0.83% expense ratio, compared with 1.33% for AGOX.

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

AGOX has the higher dividend yield at 2.66%, compared with 0.00% for TDSA.

What is the main difference between TDSA and AGOX?

They also come from different issuers: Cabana and Adaptive Funds. Their fees differ too: 0.83% for TDSA and 1.33% for AGOX.