TDSB vs. GMOD

Last updated Jun 24, 2026

TDSB (Cabana Target Drawdown 7 ETF) and GMOD (GMO Dynamic Allocation ETF) are both Tactical Allocation funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. TDSB charges 0.69%/yr vs 0.50%/yr for GMOD.

Performance

TDSB vs. GMOD - Performance Comparison

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

Returns By Period

In the year-to-date period, TDSB achieves a 3.08% return, which is significantly lower than GMOD's 6.36% return.

TDSB

• 1D: -0.42%
• 1M: -1.51%
• YTD: 3.08%
• 6M: 2.72%
• 1Y: 12.62%
• 3Y*: 8.44%
• 5Y*: 1.78%
• 10Y*: —

GMOD

• 1D: -0.88%
• 1M: -0.00%
• YTD: 6.36%
• 6M: 6.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDSB vs. GMOD - Yearly Performance Comparison

	2026 (YTD)	2025
TDSB Cabana Target Drawdown 7 ETF	3.08%	1.35%
GMOD GMO Dynamic Allocation ETF	6.36%	4.35%

Correlation

The correlation between TDSB and GMOD is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.73

Return for Risk

TDSB vs. GMOD — Risk / Return Rank

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

TDSB

TDSB Risk / Return Rank: 64
TDSB Sharpe Ratio Rank: 67
TDSB Sortino Ratio Rank: 64
TDSB Omega Ratio Rank: 69
TDSB Calmar Ratio Rank: 60
TDSB Martin Ratio Rank: 61

GMOD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TDSB vs. GMOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 7 ETF (TDSB) and GMO Dynamic Allocation ETF (GMOD). 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	GMOD	Difference
Sharpe ratio: Return per unit of total volatility	2.00	—	—
Sortino ratio: Return per unit of downside risk	2.74	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	2.73	—	—
Martin ratio: Return relative to average drawdown	10.22	—	—

Drawdowns

TDSB vs. GMOD - Drawdown Comparison

The maximum TDSB drawdown since its inception was -19.56%, which is greater than GMOD's maximum drawdown of -6.50%. Use the drawdown chart below to compare losses from any high point for TDSB and GMOD.

Drawdown Indicators

	TDSB	GMOD	Difference
Max Drawdown Largest peak-to-trough decline	-19.56%	-6.50%	-13.06%
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 Drawdown Current decline from peak	-2.29%	-1.51%	-0.78%
Average Drawdown Average peak-to-trough decline	-9.07%	-1.13%	-7.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.24%	—	—

Volatility

Volatility by Period

	TDSB	GMOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.32%	9.07%	-2.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.36%	9.07%	-1.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.55%	9.07%	-1.52%

TDSB vs. GMOD - Expense Ratio Comparison

TDSB has a 0.69% expense ratio, which is higher than GMOD's 0.50% expense ratio.

Dividends

TDSB vs. GMOD - Dividend Comparison

TDSB's dividend yield for the trailing twelve months is around 2.16%, more than GMOD's 0.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GMOD GMO Dynamic Allocation ETF	0.88%	0.93%	0.00%	0.00%	0.00%	0.00%	0.00%
TDSB Cabana Target Drawdown 7 ETF	2.16%	1.93%	3.50%	2.77%	1.81%	1.75%	0.46%

Frequently Asked Questions

Can I hold both TDSB and GMOD in my portfolio?

TDSB and GMOD have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDSB or GMOD?

On fees, GMOD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDSB or GMOD?

GMOD is cheaper with a 0.50% expense ratio, compared with 0.69% for TDSB.

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

TDSB has the higher dividend yield at 2.16%, compared with 0.88% for GMOD.

What is the main difference between TDSB and GMOD?

They also come from different issuers: Exchange Traded Concepts and GMO. Their fees differ too: 0.69% for TDSB and 0.50% for GMOD.