TDSB vs. ASGM
TDSB (Cabana Target Drawdown 7 ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both Tactical Allocation funds. Both are actively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. TDSB charges 0.69%/yr vs 0.86%/yr for ASGM.
Performance
TDSB vs. ASGM - Performance Comparison
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Returns By Period
In the year-to-date period, TDSB achieves a 3.10% return, which is significantly lower than ASGM's 16.91% return.
TDSB
- 1D
- 0.20%
- 1M
- -0.72%
- 6M
- 1.94%
- YTD
- 3.10%
- 1Y
- 11.07%
- 3Y*
- 8.25%
- 5Y*
- 1.29%
- 10Y*
- —
- ALL TIME*
- 1.98%
ASGM
- 1D
- 0.00%
- 1M
- 0.87%
- 6M
- 11.04%
- YTD
- 16.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.11K | $15.09K | $26.19K | |
| $52.88K | $262.02K | $140.49K |
TDSB vs. ASGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TDSB Cabana Target Drawdown 7 ETF | 3.10% | 7.08% |
ASGM Virtus AlphaSimplex Global Macro ETF | 16.91% | 11.08% |
Correlation
The correlation between TDSB and ASGM is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025 | 0.70 |
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Return for Risk
TDSB vs. ASGM — Risk / Return Rank
TDSB
ASGM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TDSB vs. ASGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 7 ETF (TDSB) and Virtus AlphaSimplex Global Macro ETF (ASGM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TDSB | ASGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | — | — |
| Martin ratioReturn relative to average drawdown | 8.03 | — | — |
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Drawdowns
TDSB vs. ASGM - Drawdown Comparison
The maximum TDSB drawdown since its inception was -19.56%, which is greater than ASGM's maximum drawdown of -7.37%. Use the drawdown chart below to compare losses from any high point for TDSB and ASGM.
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Drawdown Indicators
| TDSB | ASGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.56% | -7.37% | -12.19% |
Max Drawdown (1Y)Largest decline over 1 year | -4.64% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.56% | — | — |
Current DrawdownCurrent decline from peak | -2.27% | -5.09% | +2.82% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -1.78% | -7.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | — | — |
Volatility
TDSB vs. ASGM - Volatility Comparison
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Volatility by Period
| TDSB | ASGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.07% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.41% | 16.72% | -10.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.34% | 16.72% | -9.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.50% | 16.72% | -9.22% |
TDSB vs. ASGM - Expense Ratio Comparison
TDSB has a 0.69% expense ratio, which is lower than ASGM's 0.86% expense ratio.
Dividends
TDSB vs. ASGM - Dividend Comparison
TDSB's dividend yield for the trailing twelve months is around 2.29%, less than ASGM's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ASGM Virtus AlphaSimplex Global Macro ETF | 3.86% | 4.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TDSB Cabana Target Drawdown 7 ETF | 2.29% | 1.93% | 3.50% | 2.77% | 1.81% | 1.75% | 0.46% |
Frequently Asked Questions
TDSB and ASGM have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TDSB is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TDSB is cheaper with a 0.69% expense ratio, compared with 0.86% for ASGM.
ASGM has the higher dividend yield at 3.86%, compared with 2.29% for TDSB.
They also come from different issuers: Exchange Traded Concepts and Virtus. Their fees differ too: 0.69% for TDSB and 0.86% for ASGM.
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