TDSA vs. SFTY

Last updated Jun 4, 2026

TDSA (Cabana Target Drawdown 5 ETF) and SFTY (Horizon Managed Risk ETF) are both Tactical Allocation funds. TDSA charges 0.83%/yr vs 0.77%/yr for SFTY.

Performance

TDSA vs. SFTY - Performance Comparison

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

SFTY

• 1D: -0.32%
• 1M: 4.71%
• YTD: 9.84%
• 6M: 9.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDSA vs. SFTY - Yearly Performance Comparison

	2026 (YTD)
TDSA Cabana Target Drawdown 5 ETF	0.00%
SFTY Horizon Managed Risk ETF	8.34%

Return for Risk

TDSA vs. SFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 5 ETF (TDSA) and Horizon Managed Risk ETF (SFTY). 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	SFTY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.11	—

Drawdowns

TDSA vs. SFTY - Drawdown Comparison

The maximum TDSA drawdown since its inception was 0.00%, smaller than the maximum SFTY drawdown of -8.64%. Use the drawdown chart below to compare losses from any high point for TDSA and SFTY.

Drawdown Indicators

	TDSA	SFTY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-8.64%	+8.64%
Current Drawdown Current decline from peak	0.00%	-0.32%	+0.32%
Average Drawdown Average peak-to-trough decline	0.00%	-1.10%	+1.10%

Volatility

Volatility by Period

	TDSA	SFTY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	11.64%	-11.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	11.64%	-11.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	11.64%	-11.64%

TDSA vs. SFTY - Expense Ratio Comparison

TDSA has a 0.83% expense ratio, which is higher than SFTY's 0.77% expense ratio.

Dividends

TDSA vs. SFTY - Dividend Comparison

TDSA has not paid dividends to shareholders, while SFTY's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025
SFTY Horizon Managed Risk ETF	0.17%	0.19%
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, TDSA or SFTY?

On fees, SFTY is cheaper at 0.77% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDSA or SFTY?

SFTY is cheaper with a 0.77% expense ratio, compared with 0.83% for TDSA.

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

SFTY has the higher dividend yield at 0.17%, compared with 0.00% for TDSA.

What is the main difference between TDSA and SFTY?

They also come from different issuers: Cabana and Horizon. Their fees differ too: 0.83% for TDSA and 0.77% for SFTY.