THMR vs. TDSB

Last updated Jul 16, 2026

THMR (THOR AdaptiveRisk Dynamic ETF) and TDSB (Cabana Target Drawdown 7 ETF) are both Tactical Allocation funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. THMR charges 1.10%/yr vs 0.69%/yr for TDSB.

Performance

THMR vs. TDSB - Performance Comparison

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

Returns By Period

THMR

• 1D: 0.16%
• 1M: -2.94%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDSB

• 1D: -0.17%
• 1M: -0.50%
• 6M: 1.97%
• YTD: 3.70%
• 1Y: 13.12%
• 3Y*: 8.30%
• 5Y*: 1.78%
• 10Y*: —

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

THMR vs. TDSB - Yearly Performance Comparison

	2026 (YTD)
THMR THOR AdaptiveRisk Dynamic ETF	1.65%
TDSB Cabana Target Drawdown 7 ETF	0.39%

Correlation

The correlation between THMR and TDSB is 0.68, 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 Apr 9, 2026	0.68

Return for Risk

THMR vs. TDSB — Risk / Return Rank

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

THMR

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

TDSB

TDSB Risk / Return Rank: 76
TDSB Sharpe Ratio Rank: 81
TDSB Sortino Ratio Rank: 79
TDSB Omega Ratio Rank: 81
TDSB Calmar Ratio Rank: 70
TDSB Martin Ratio Rank: 69

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.

THMR vs. TDSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR AdaptiveRisk Dynamic ETF (THMR) and Cabana Target Drawdown 7 ETF (TDSB). 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.

	THMR	TDSB	Difference
Sharpe ratio: Return per unit of total volatility	—	2.07	—
Sortino ratio: Return per unit of downside risk	—	2.83	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	2.84	—
Martin ratio: Return relative to average drawdown	—	10.06	—

Drawdowns

THMR vs. TDSB - Drawdown Comparison

The maximum THMR drawdown since its inception was -7.95%, smaller than the maximum TDSB drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for THMR and TDSB.

Drawdown Indicators

	THMR	TDSB	Difference
Max Drawdown Largest peak-to-trough decline	-7.95%	-19.56%	+11.61%
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	-5.91%	-1.70%	-4.21%
Average Drawdown Average peak-to-trough decline	-2.70%	-8.99%	+6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.31%	—

Volatility

Volatility by Period

	THMR	TDSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.91%	6.39%	+8.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.91%	7.37%	+7.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	7.52%	+7.39%

THMR vs. TDSB - Expense Ratio Comparison

THMR has a 1.10% expense ratio, which is higher than TDSB's 0.69% expense ratio.

Dividends

THMR vs. TDSB - Dividend Comparison

THMR has not paid dividends to shareholders, while TDSB's dividend yield for the trailing twelve months is around 2.28%.

Position	TTM	2025	2024	2023	2022	2021	2020
TDSB Cabana Target Drawdown 7 ETF	2.28%	1.93%	3.50%	2.77%	1.81%	1.75%	0.46%
THMR THOR AdaptiveRisk Dynamic ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both THMR and TDSB in my portfolio?

THMR and TDSB have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THMR or TDSB?

On fees, TDSB is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THMR or TDSB?

TDSB is cheaper with a 0.69% expense ratio, compared with 1.10% for THMR.

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

TDSB has the higher dividend yield at 2.28%, compared with 0.00% for THMR.

What is the main difference between THMR and TDSB?

They also come from different issuers: THOR Financial Technologies and Exchange Traded Concepts. Their fees differ too: 1.10% for THMR and 0.69% for TDSB.