TDSA vs. BSR

Last updated Jun 4, 2026

TDSA (Cabana Target Drawdown 5 ETF) and BSR (Beacon Selective Risk ETF) are both Tactical Allocation funds - TDSA tracks the Actively Managed while BSR tracks the NONE. Both are passively managed. TDSA charges 0.83%/yr vs 1.10%/yr for BSR.

Performance

TDSA vs. BSR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 5 ETF (TDSA) and Beacon Selective Risk ETF (BSR). 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*: —

BSR

• 1D: -0.07%
• 1M: 0.63%
• YTD: 2.94%
• 6M: 2.86%
• 1Y: 11.15%
• 3Y*: 7.53%
• 5Y*: —
• 10Y*: —

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

TDSA vs. BSR - Yearly Performance Comparison

	2026 (YTD)
TDSA Cabana Target Drawdown 5 ETF	0.00%
BSR Beacon Selective Risk ETF	-1.68%

TDSA vs. BSR - Sectors Allocation Comparison

Sectors	TDSA	BSR
Real Estate	35.5%	12.1%
Technology	24.3%	9.2%
Consumer Cyclical	8.6%	1.5%
Industrials	6.7%	12.1%
Healthcare	6.7%	12.3%
Communication Services	6.5%	0.1%
Financial Services	4.7%	0.1%
Consumer Defensive	3.1%	12.8%
Energy	1.6%	14.3%
Basic Materials	1.2%	11.4%
Utilities	1.0%	14.3%

Return for Risk

TDSA vs. BSR — Risk / Return Rank

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

BSR

BSR Risk / Return Rank: 36
BSR Sharpe Ratio Rank: 36
BSR Sortino Ratio Rank: 35
BSR Omega Ratio Rank: 36
BSR Calmar Ratio Rank: 37
BSR Martin Ratio Rank: 34

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. BSR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 5 ETF (TDSA) and Beacon Selective Risk ETF (BSR). 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	BSR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.48	—

Drawdowns

TDSA vs. BSR - Drawdown Comparison

The maximum TDSA drawdown since its inception was 0.00%, smaller than the maximum BSR drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for TDSA and BSR.

Drawdown Indicators

	TDSA	BSR	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-15.68%	+15.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.68%	—
Current Drawdown Current decline from peak	0.00%	-4.84%	+4.84%
Average Drawdown Average peak-to-trough decline	0.00%	-4.58%	+4.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.16%	—

Volatility

Volatility by Period

	TDSA	BSR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	8.65%	-8.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	16.27%	-16.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	16.27%	-16.27%

TDSA vs. BSR - Expense Ratio Comparison

TDSA has a 0.83% expense ratio, which is lower than BSR's 1.10% expense ratio.

Dividends

TDSA vs. BSR - Dividend Comparison

TDSA has not paid dividends to shareholders, while BSR's dividend yield for the trailing twelve months is around 2.81%.

Position	TTM	2025	2024	2023
BSR Beacon Selective Risk ETF	2.81%	2.89%	0.89%	1.08%
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, TDSA or BSR?

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 BSR?

TDSA is cheaper with a 0.83% expense ratio, compared with 1.10% for BSR.

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

BSR has the higher dividend yield at 2.81%, compared with 0.00% for TDSA.

What is the main difference between TDSA and BSR?

TDSA tracks Actively Managed, while BSR tracks NONE. They also come from different issuers: Cabana and American Beacon. Their fees differ too: 0.83% for TDSA and 1.10% for BSR.