TDSC vs. ONEV

Last updated Apr 1, 2026

Compare and contrast key facts about Cabana Target Drawdown 10 ETF (TDSC) and SPDR Russell 1000 Low Volatility Focus ETF (ONEV).

TDSC and ONEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TDSC is an actively managed fund by Exchange Traded Concepts. It was launched on Sep 16, 2020. ONEV is a passively managed fund by State Street that tracks the performance of the Russell 1000 Low Volatility Focused Factor (TR). It was launched on Dec 2, 2015.

Performance

TDSC vs. ONEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 10 ETF (TDSC) and SPDR Russell 1000 Low Volatility Focus ETF (ONEV). The values are adjusted to include any dividend payments, if applicable.

TDSC vs. ONEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TDSC Cabana Target Drawdown 10 ETF	3.10%	6.56%	7.10%	7.63%	-19.67%	14.81%	-0.11%
ONEV SPDR Russell 1000 Low Volatility Focus ETF	1.18%	8.14%	11.76%	13.28%	-8.15%	29.19%	14.62%

Returns By Period

In the year-to-date period, TDSC achieves a 3.10% return, which is significantly higher than ONEV's 1.18% return.

TDSC

• 1D: 1.72%
• 1M: -3.51%
• YTD: 3.10%
• 6M: 3.92%
• 1Y: 7.13%
• 3Y*: 8.26%
• 5Y*: 2.52%
• 10Y*: —

ONEV

• 1D: 1.63%
• 1M: -5.74%
• YTD: 1.18%
• 6M: 1.78%
• 1Y: 7.84%
• 3Y*: 10.38%
• 5Y*: 7.98%
• 10Y*: 10.81%

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

TDSC vs. ONEV - Expense Ratio Comparison

TDSC has a 0.69% expense ratio, which is higher than ONEV's 0.20% expense ratio.

TDSC

Cabana Target Drawdown 10 ETF

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

Return for Risk

TDSC vs. ONEV — Risk / Return Rank

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

TDSC

TDSC Risk / Return Rank: 28
TDSC Sharpe Ratio Rank: 31
TDSC Sortino Ratio Rank: 27
TDSC Omega Ratio Rank: 31
TDSC Calmar Ratio Rank: 27
TDSC Martin Ratio Rank: 27

ONEV

ONEV Risk / Return Rank: 32
ONEV Sharpe Ratio Rank: 30
ONEV Sortino Ratio Rank: 31
ONEV Omega Ratio Rank: 28
ONEV Calmar Ratio Rank: 33
ONEV Martin Ratio Rank: 37

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.

TDSC vs. ONEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 10 ETF (TDSC) and SPDR Russell 1000 Low Volatility Focus ETF (ONEV). 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.

	TDSC	ONEV	Difference
Sharpe ratio Return per unit of total volatility	0.58	0.53	+0.04
Sortino ratio Return per unit of downside risk	0.79	0.87	-0.07
Omega ratio Gain probability vs. loss probability	1.13	1.11	+0.02
Calmar ratio Return relative to maximum drawdown	0.62	0.81	-0.18
Martin ratio Return relative to average drawdown	2.23	3.30	-1.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TDSC vs. ONEV - Sharpe Ratio Comparison

The current TDSC Sharpe Ratio is 0.58, which is comparable to the ONEV Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of TDSC and ONEV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TDSC	ONEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.58	0.53	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.55	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.65	-0.37

Correlation

The correlation between TDSC and ONEV is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TDSC vs. ONEV - Dividend Comparison

TDSC's dividend yield for the trailing twelve months is around 2.17%, more than ONEV's 1.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TDSC Cabana Target Drawdown 10 ETF	2.17%	2.92%	2.06%	2.06%	1.76%	1.11%	0.54%	0.00%	0.00%	0.00%	0.00%	0.00%
ONEV SPDR Russell 1000 Low Volatility Focus ETF	1.85%	1.81%	1.88%	1.79%	1.80%	1.44%	1.87%	2.07%	2.14%	6.91%	3.73%	0.21%

Drawdowns

TDSC vs. ONEV - Drawdown Comparison

The maximum TDSC drawdown since its inception was -21.51%, smaller than the maximum ONEV drawdown of -39.72%. Use the drawdown chart below to compare losses from any high point for TDSC and ONEV.

Drawdown Indicators

	TDSC	ONEV	Difference
Max Drawdown Largest peak-to-trough decline	-21.51%	-39.72%	+18.21%
Max Drawdown (1Y) Largest decline over 1 year	-12.13%	-10.78%	-1.35%
Max Drawdown (5Y) Largest decline over 5 years	-21.51%	-18.52%	-2.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.72%	—
Current Drawdown Current decline from peak	-3.72%	-5.76%	+2.04%
Average Drawdown Average peak-to-trough decline	-9.65%	-3.92%	-5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.64%	+0.75%

Volatility

TDSC vs. ONEV - Volatility Comparison

Cabana Target Drawdown 10 ETF (TDSC) and SPDR Russell 1000 Low Volatility Focus ETF (ONEV) have volatilities of 3.72% and 3.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDSC	ONEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	3.78%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	7.10%	8.06%	-0.96%
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	14.79%	-2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.32%	14.58%	-4.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.29%	16.99%	-6.70%