TDSA vs. ESBG

Last updated Apr 2, 2026

Compare and contrast key facts about Cabana Target Drawdown 5 ETF (TDSA) and First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG).

TDSA and ESBG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TDSA is a passively managed fund by Cabana that tracks the performance of the Actively Managed. It was launched on Sep 16, 2020. ESBG is an actively managed fund by First Trust. It was launched on Nov 19, 2025.

Performance

TDSA vs. ESBG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 5 ETF (TDSA) and First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). The values are adjusted to include any dividend payments, if applicable.

TDSA vs. ESBG - Yearly Performance Comparison

	2026 (YTD)
TDSA Cabana Target Drawdown 5 ETF	0.00%
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	-8.88%

Returns By Period

TDSA

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

ESBG

• 1D: -1.12%
• 1M: -11.40%
• YTD: 0.85%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDSA vs. ESBG - Expense Ratio Comparison

TDSA has a 0.83% expense ratio, which is lower than ESBG's 0.95% expense ratio.

ESBG

First Trust Enhanced Stocks, Bonds & Gold ETF

TDSA

Cabana Target Drawdown 5 ETF

Return for Risk

TDSA vs. ESBG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 5 ETF (TDSA) and First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). 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	ESBG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.71	—

Dividends

TDSA vs. ESBG - Dividend Comparison

TDSA has not paid dividends to shareholders, while ESBG's dividend yield for the trailing twelve months is around 0.60%.

	TTM	2025
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	0.60%	0.24%

Drawdowns

TDSA vs. ESBG - Drawdown Comparison

The maximum TDSA drawdown since its inception was 0.00%, smaller than the maximum ESBG drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TDSA and ESBG.

Drawdown Indicators

	TDSA	ESBG	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-18.84%	+18.84%
Current Drawdown Current decline from peak	0.00%	-14.48%	+14.48%
Average Drawdown Average peak-to-trough decline	0.00%	-4.40%	+4.40%

Volatility

Volatility by Period

	TDSA	ESBG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	27.61%	-27.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	27.61%	-27.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	27.61%	-27.61%