TDSA vs. THIR

Last updated Apr 2, 2026

Compare and contrast key facts about Cabana Target Drawdown 5 ETF (TDSA) and THOR Index Rotation ETF (THIR).

TDSA and THIR 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. THIR is a passively managed fund by THOR that tracks the performance of the THOR SDQ Rotation Index. It was launched on Sep 23, 2024. Both TDSA and THIR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TDSA vs. THIR - Performance Comparison

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

TDSA vs. THIR - Yearly Performance Comparison

	2026 (YTD)
TDSA Cabana Target Drawdown 5 ETF	0.00%
THIR THOR Index Rotation ETF	-5.81%

Returns By Period

TDSA

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

THIR

• 1D: 0.35%
• 1M: -3.43%
• YTD: -2.92%
• 6M: -0.48%
• 1Y: 25.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDSA vs. THIR - Expense Ratio Comparison

TDSA has a 0.83% expense ratio, which is higher than THIR's 0.70% expense ratio.

TDSA

Cabana Target Drawdown 5 ETF

THIR

THOR Index Rotation ETF

Return for Risk

TDSA vs. THIR — Risk / Return Rank

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

THIR

THIR Risk / Return Rank: 89
THIR Sharpe Ratio Rank: 90
THIR Sortino Ratio Rank: 94
THIR Omega Ratio Rank: 89
THIR Calmar Ratio Rank: 84
THIR Martin Ratio Rank: 89

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. THIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 5 ETF (TDSA) and THOR Index Rotation ETF (THIR). 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	THIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.27	—

Dividends

TDSA vs. THIR - Dividend Comparison

TDSA has not paid dividends to shareholders, while THIR's dividend yield for the trailing twelve months is around 0.36%.

	TTM	2025	2024
TDSA Cabana Target Drawdown 5 ETF	0.00%	0.00%	0.00%
THIR THOR Index Rotation ETF	0.36%	0.35%	0.29%

Drawdowns

TDSA vs. THIR - Drawdown Comparison

The maximum TDSA drawdown since its inception was 0.00%, smaller than the maximum THIR drawdown of -10.05%. Use the drawdown chart below to compare losses from any high point for TDSA and THIR.

Drawdown Indicators

	TDSA	THIR	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-10.05%	+10.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.88%	—
Current Drawdown Current decline from peak	0.00%	-5.81%	+5.81%
Average Drawdown Average peak-to-trough decline	0.00%	-1.91%	+1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.02%	—

Volatility

Volatility by Period

	TDSA	THIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	12.49%	-12.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	12.83%	-12.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	12.83%	-12.83%