TDSA vs. MATE

Last updated Jun 4, 2026

TDSA (Cabana Target Drawdown 5 ETF) and MATE (Man Active Trend Enhanced ETF) are both Tactical Allocation funds. TDSA is passively managed, while MATE is actively managed. TDSA charges 0.83%/yr vs 0.97%/yr for MATE.

Performance

TDSA vs. MATE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 5 ETF (TDSA) and Man Active Trend Enhanced ETF (MATE). 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*: —

MATE

• 1D: -0.07%
• 1M: 7.70%
• YTD: 20.78%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDSA vs. MATE - Yearly Performance Comparison

	2026 (YTD)
TDSA Cabana Target Drawdown 5 ETF	0.00%
MATE Man Active Trend Enhanced ETF	12.12%

Return for Risk

TDSA vs. MATE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 5 ETF (TDSA) and Man Active Trend Enhanced ETF (MATE). 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	MATE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	3.07	—

Drawdowns

TDSA vs. MATE - Drawdown Comparison

The maximum TDSA drawdown since its inception was 0.00%, smaller than the maximum MATE drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for TDSA and MATE.

Drawdown Indicators

	TDSA	MATE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-13.24%	+13.24%
Current Drawdown Current decline from peak	0.00%	-0.07%	+0.07%
Average Drawdown Average peak-to-trough decline	0.00%	-3.27%	+3.27%

Volatility

Volatility by Period

	TDSA	MATE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	21.76%	-21.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	21.76%	-21.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	21.76%	-21.76%

TDSA vs. MATE - Expense Ratio Comparison

TDSA has a 0.83% expense ratio, which is lower than MATE's 0.97% expense ratio.

Dividends

TDSA vs. MATE - Dividend Comparison

Neither TDSA nor MATE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, TDSA or MATE?

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 MATE?

TDSA is cheaper with a 0.83% expense ratio, compared with 0.97% for MATE.

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

TDSA and MATE have nearly identical dividend yields, around 0.00%.

What is the main difference between TDSA and MATE?

They also come from different issuers: Cabana and Man Group. Their fees differ too: 0.83% for TDSA and 0.97% for MATE.