THIR vs. TDSC

Last updated Jun 3, 2026

THIR (THOR Index Rotation ETF) and TDSC (Cabana Target Drawdown 10 ETF) are both Tactical Allocation funds. THIR is passively managed, while TDSC is actively managed. Over the past year, THIR returned 25.79% vs 20.40% for TDSC. A 0.68 correlation means they provide meaningful diversification when combined. THIR charges 0.70%/yr vs 0.69%/yr for TDSC.

Performance

THIR vs. TDSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in THOR Index Rotation ETF (THIR) and Cabana Target Drawdown 10 ETF (TDSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THIR achieves a 8.63% return, which is significantly lower than TDSC's 11.58% return.

THIR

• 1D: 0.49%
• 1M: 8.06%
• YTD: 8.63%
• 6M: 9.22%
• 1Y: 25.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDSC

• 1D: 0.55%
• 1M: 3.52%
• YTD: 11.58%
• 6M: 11.52%
• 1Y: 20.40%
• 3Y*: 11.06%
• 5Y*: 3.44%
• 10Y*: —

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

THIR vs. TDSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
THIR THOR Index Rotation ETF	8.63%	25.22%	3.26%
TDSC Cabana Target Drawdown 10 ETF	11.58%	6.56%	-2.40%

Correlation

The correlation between THIR and TDSC is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024	0.68

The correlation between THIR and TDSC has been stable across timeframes, ranging from 0.68 to 0.71 - a consistent structural relationship.

THIR vs. TDSC - Sectors Allocation Comparison

Sectors	THIR	TDSC
Technology	45.3%	28.5%
Communication Services	13.2%	4.7%
Consumer Cyclical	11.2%	4.3%
Healthcare	6.3%	19.9%
Consumer Defensive	6.2%	3.4%
Financial Services	6.0%	3.9%
Industrials	5.5%	2.0%
Energy	2.1%	17.6%
Utilities	1.8%	15.0%
Basic Materials	1.5%	0.7%
Real Estate	1.0%	0.1%

Return for Risk

THIR vs. TDSC — Risk / Return Rank

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

THIR

THIR Risk / Return Rank: 64
THIR Sharpe Ratio Rank: 66
THIR Sortino Ratio Rank: 67
THIR Omega Ratio Rank: 65
THIR Calmar Ratio Rank: 60
THIR Martin Ratio Rank: 59

TDSC

TDSC Risk / Return Rank: 71
TDSC Sharpe Ratio Rank: 68
TDSC Sortino Ratio Rank: 70
TDSC Omega Ratio Rank: 67
TDSC Calmar Ratio Rank: 75
TDSC Martin Ratio Rank: 76

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.

THIR vs. TDSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR Index Rotation ETF (THIR) and Cabana Target Drawdown 10 ETF (TDSC). 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.

	THIR	TDSC	Difference
Sharpe ratio Return per unit of total volatility	2.25	2.30	-0.06
Sortino ratio Return per unit of downside risk	3.14	3.24	-0.10
Omega ratio Gain probability vs. loss probability	1.40	1.41	-0.01
Calmar ratio Return relative to maximum drawdown	3.02	3.85	-0.84
Martin ratio Return relative to average drawdown	10.82	15.00	-4.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

THIR vs. TDSC - Sharpe Ratio Comparison

The current THIR Sharpe Ratio is 2.25, which is comparable to the TDSC Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of THIR and TDSC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	THIR	TDSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.30	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	0.41	+1.37

Drawdowns

THIR vs. TDSC - Drawdown Comparison

The maximum THIR drawdown since its inception was -10.05%, smaller than the maximum TDSC drawdown of -21.51%. Use the drawdown chart below to compare losses from any high point for THIR and TDSC.

Drawdown Indicators

	THIR	TDSC	Difference
Max Drawdown Largest peak-to-trough decline	-10.05%	-21.51%	+11.46%
Max Drawdown (1Y) Largest decline over 1 year	-8.88%	-5.35%	-3.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.51%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.99%	-9.39%	+7.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	1.37%	+1.11%

Volatility

THIR vs. TDSC - Volatility Comparison

THOR Index Rotation ETF (THIR) has a higher volatility of 3.48% compared to Cabana Target Drawdown 10 ETF (TDSC) at 2.12%. This indicates that THIR's price experiences larger fluctuations and is considered to be riskier than TDSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THIR	TDSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	2.12%	+1.36%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	6.64%	+1.80%
Volatility (1Y) Calculated over the trailing 1-year period	11.56%	8.89%	+2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.64%	10.28%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.64%	10.23%	+2.41%

THIR vs. TDSC - Expense Ratio Comparison

THIR has a 0.70% expense ratio, which is higher than TDSC's 0.69% expense ratio.

Dividends

THIR vs. TDSC - Dividend Comparison

THIR's dividend yield for the trailing twelve months is around 0.32%, less than TDSC's 2.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
TDSC Cabana Target Drawdown 10 ETF	2.00%	2.92%	2.06%	2.06%	1.76%	1.11%	0.54%
THIR THOR Index Rotation ETF	0.32%	0.35%	0.29%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both THIR and TDSC in my portfolio?

THIR and TDSC have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, THIR or TDSC?

THIR has higher volatility (3.48%) compared to TDSC (2.12%). In terms of maximum drawdown, THIR dropped -10.05% vs TDSC's -21.51%.

Which ETF is better, THIR or TDSC?

On 1-year performance, THIR leads with 25.79% vs 20.40% for TDSC. On fees, TDSC is cheaper at 0.69% per year. On volatility, TDSC has been the lower-risk option at 2.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, THIR or TDSC?

Over the 1-year period, THIR has performed better with a 25.79% return vs 20.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, THIR or TDSC?

TDSC is cheaper with a 0.69% expense ratio, compared with 0.70% for THIR.

Which ETF pays a higher dividend yield, THIR or TDSC?

TDSC has the higher dividend yield at 2.00%, compared with 0.32% for THIR.

What is the main difference between THIR and TDSC?

They also come from different issuers: THOR and Exchange Traded Concepts. Their fees differ too: 0.70% for THIR and 0.69% for TDSC.

Which has better risk-adjusted returns?

TDSC currently has the higher Sharpe Ratio (2.30 vs 2.25), 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.