TDSA vs. CRQ.NEO

Last updated Jun 5, 2026

TDSA (Cabana Target Drawdown 5 ETF) and CRQ.NEO (iShares Canadian Fundamental Index ETF) are both exchange-traded funds - TDSA is a Tactical Allocation fund tracking the Actively Managed, while CRQ.NEO is a Canada Equities fund tracking the FTSE RAFI Canada Index. Both are passively managed. TDSA charges 0.83%/yr vs 0.72%/yr for CRQ.NEO.

Performance

TDSA vs. CRQ.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 5 ETF (TDSA) and iShares Canadian Fundamental Index ETF (CRQ.NEO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TDSA is traded in USD, while CRQ.NEO is traded in CAD. To make them comparable, the CRQ.NEO values have been converted to USD using the latest available exchange rates.

Returns By Period

TDSA

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

CRQ.NEO

• 1D: 1.02%
• 1M: 2.53%
• YTD: 15.72%
• 6M: 20.71%
• 1Y: 42.03%
• 3Y*: 25.34%
• 5Y*: 14.59%
• 10Y*: 12.55%

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

TDSA vs. CRQ.NEO - Yearly Performance Comparison

	2026 (YTD)
TDSA Cabana Target Drawdown 5 ETF	0.00%
CRQ.NEO iShares Canadian Fundamental Index ETF	10.16%

Return for Risk

TDSA vs. CRQ.NEO — Risk / Return Rank

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

CRQ.NEO

CRQ.NEO Risk / Return Rank: 96
CRQ.NEO Sharpe Ratio Rank: 97
CRQ.NEO Sortino Ratio Rank: 97
CRQ.NEO Omega Ratio Rank: 98
CRQ.NEO Calmar Ratio Rank: 93
CRQ.NEO Martin Ratio Rank: 95

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. CRQ.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 5 ETF (TDSA) and iShares Canadian Fundamental Index ETF (CRQ.NEO). 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	CRQ.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.64	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.47	—

Drawdowns

TDSA vs. CRQ.NEO - Drawdown Comparison

The maximum TDSA drawdown since its inception was 0.00%, smaller than the maximum CRQ.NEO drawdown of -47.39%. Use the drawdown chart below to compare losses from any high point for TDSA and CRQ.NEO.

Drawdown Indicators

	TDSA	CRQ.NEO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-47.39%	+47.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.39%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-9.86%	+9.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	TDSA	CRQ.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	11.59%	-11.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	16.09%	-16.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	19.79%	-19.79%

TDSA vs. CRQ.NEO - Expense Ratio Comparison

TDSA has a 0.83% expense ratio, which is higher than CRQ.NEO's 0.72% expense ratio.

Dividends

TDSA vs. CRQ.NEO - Dividend Comparison

TDSA has not paid dividends to shareholders, while CRQ.NEO's dividend yield for the trailing twelve months is around 1.87%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRQ.NEO iShares Canadian Fundamental Index ETF	1.87%	2.18%	2.72%	2.97%	2.90%	2.17%	2.98%	2.71%	2.46%	1.91%	1.89%	3.09%
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, TDSA or CRQ.NEO?

On fees, CRQ.NEO is cheaper at 0.72% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDSA or CRQ.NEO?

CRQ.NEO is cheaper with a 0.72% expense ratio, compared with 0.83% for TDSA.

What is the main difference between TDSA and CRQ.NEO?

TDSA is categorized as Tactical Allocation, while CRQ.NEO is Canada Equities. TDSA tracks Actively Managed, while CRQ.NEO tracks FTSE RAFI Canada Index. They also come from different issuers: Cabana and iShares. Their fees differ too: 0.83% for TDSA and 0.72% for CRQ.NEO.