TDSB vs. BDGS

Last updated Aug 4, 2026

TDSB (Cabana Target Drawdown 7 ETF) and BDGS (Bridges Capital Tactical ETF) are both Tactical Allocation funds. Both are actively managed. Over the past 3 years, TDSB returned 8.25%/yr vs 13.64%/yr for BDGS. Their 0.36 correlation means their historical movements had little consistent relationship. TDSB charges 0.69%/yr vs 0.87%/yr for BDGS.

Performance

TDSB vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 7 ETF (TDSB) and Bridges Capital Tactical ETF (BDGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDSB achieves a 3.10% return, which is significantly lower than BDGS's 5.44% 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%

BDGS

• 1D: 1.04%
• 1M: 0.33%
• 6M: 5.03%
• YTD: 5.44%
• 1Y: 11.29%
• 3Y*: 13.64%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BDGS Bridges Capital Tactical ETF	$54.06K	$102.41K	$187.59K
TDSB Cabana Target Drawdown 7 ETF	$52.88K	$262.02K	$140.49K

TDSB vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TDSB Cabana Target Drawdown 7 ETF	3.10%	12.95%	3.56%	5.46%
BDGS Bridges Capital Tactical ETF	5.44%	10.61%	19.07%	8.23%

Correlation

The correlation between TDSB and BDGS is 0.44, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.44
Correlation (3Y) Balances recent behavior with more history.	0.36
Correlation (All Time) Calculated using the full available price history since May 11, 2023	0.36

Return for Risk

TDSB vs. BDGS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TDSB

TDSB Risk / Return Rank: 68
TDSB Sharpe Ratio Rank: 71
TDSB Sortino Ratio Rank: 69
TDSB Omega Ratio Rank: 72
TDSB Calmar Ratio Rank: 64
TDSB Martin Ratio Rank: 63

BDGS

BDGS Risk / Return Rank: 73
BDGS Sharpe Ratio Rank: 68
BDGS Sortino Ratio Rank: 75
BDGS Omega Ratio Rank: 76
BDGS Calmar Ratio Rank: 67
BDGS Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TDSB vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 7 ETF (TDSB) and Bridges Capital Tactical ETF (BDGS). 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	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.59	+0.14
Sortino ratio: Return per unit of downside risk	2.39	2.45	-0.06
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	2.39	2.38	+0.01
Martin ratio: Return relative to average drawdown	8.03	10.11	-2.09

TDSB vs. BDGS - Sharpe Ratio Comparison

The current TDSB Sharpe Ratio is 1.74, which is comparable to the BDGS Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of TDSB and BDGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TDSB vs. BDGS - Drawdown Comparison

The maximum TDSB drawdown since its inception was -19.56%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for TDSB and BDGS.

Drawdown Indicators

	TDSB	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-19.56%	-9.12%	-10.44%
Max Drawdown (1Y) Largest decline over 1 year	-4.64%	-4.76%	+0.12%
Max Drawdown (3Y) Largest decline over 3 years	-6.84%	-9.12%	+2.28%
Max Drawdown (5Y) Largest decline over 5 years	-19.56%	—	—
Current Drawdown Current decline from peak	-2.27%	-1.01%	-1.26%
Average Drawdown Average peak-to-trough decline	-8.93%	-0.69%	-8.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	1.12%	+0.26%

Volatility

TDSB vs. BDGS - Volatility Comparison

The current volatility for Cabana Target Drawdown 7 ETF (TDSB) is 1.26%, while Bridges Capital Tactical ETF (BDGS) has a volatility of 3.39%. This indicates that TDSB experiences smaller price fluctuations and is considered to be less risky than BDGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDSB	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	3.39%	-2.13%
Volatility (6M) Calculated over the trailing 6-month period	5.07%	6.19%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	6.41%	7.13%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.34%	8.31%	-0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.50%	8.31%	-0.81%

TDSB vs. BDGS - Expense Ratio Comparison

TDSB has a 0.69% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

TDSB vs. BDGS - Dividend Comparison

TDSB's dividend yield for the trailing twelve months is around 2.29%, more than BDGS's 0.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BDGS Bridges Capital Tactical ETF	0.52%	0.55%	1.81%	0.84%	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

Can I hold both TDSB and BDGS in my portfolio?

TDSB and BDGS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDSB or BDGS?

BDGS has higher volatility (3.39%) compared to TDSB (1.26%). In terms of maximum drawdown, TDSB dropped -19.56% vs BDGS's -9.12%.

Which ETF is better, TDSB or BDGS?

On 3-year performance, BDGS leads with 13.64% vs 8.25% for TDSB. On fees, TDSB is cheaper at 0.69% per year. On volatility, TDSB has been the lower-risk option at 1.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TDSB or BDGS?

Over the 3-year period, BDGS has performed better with a 13.64% return vs 8.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TDSB or BDGS?

TDSB is cheaper with a 0.69% expense ratio, compared with 0.87% for BDGS.

Which ETF pays a higher dividend yield, TDSB or BDGS?

TDSB has the higher dividend yield at 2.29%, compared with 0.52% for BDGS.

What is the main difference between TDSB and BDGS?

They also come from different issuers: Exchange Traded Concepts and Bridges. Their fees differ too: 0.69% for TDSB and 0.87% for BDGS.

Which has better risk-adjusted returns?

TDSB currently has the higher Sharpe Ratio (1.74 vs 1.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.