Correlation
The correlation between TDSC and SPY is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
TDSC vs. SPY
Compare and contrast key facts about Cabana Target Drawdown 10 ETF (TDSC) and SPDR S&P 500 ETF (SPY).
TDSC and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TDSC or SPY.
Performance
TDSC vs. SPY - Performance Comparison
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Key characteristics
TDSC:
0.20
SPY:
0.70
TDSC:
0.23
SPY:
1.02
TDSC:
1.04
SPY:
1.15
TDSC:
0.09
SPY:
0.68
TDSC:
0.36
SPY:
2.57
TDSC:
4.23%
SPY:
4.93%
TDSC:
13.11%
SPY:
20.42%
TDSC:
-21.51%
SPY:
-55.19%
TDSC:
-9.71%
SPY:
-3.55%
Returns By Period
In the year-to-date period, TDSC achieves a -1.41% return, which is significantly lower than SPY's 0.87% return.
TDSC
-1.41%
2.10%
-6.16%
2.60%
2.64%
N/A
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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TDSC vs. SPY - Expense Ratio Comparison
TDSC has a 0.69% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TDSC vs. SPY — Risk-Adjusted Performance Rank
TDSC
SPY
TDSC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 10 ETF (TDSC) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
TDSC vs. SPY - Dividend Comparison
TDSC's dividend yield for the trailing twelve months is around 2.77%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDSC Cabana Target Drawdown 10 ETF | 2.77% | 2.06% | 2.06% | 1.76% | 1.11% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TDSC vs. SPY - Drawdown Comparison
The maximum TDSC drawdown since its inception was -21.51%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TDSC and SPY.
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Volatility
TDSC vs. SPY - Volatility Comparison
The current volatility for Cabana Target Drawdown 10 ETF (TDSC) is 2.72%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that TDSC experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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