TYLD vs. TDSC

Last updated Aug 1, 2026

TYLD (Cambria Tactical Yield ETF) and TDSC (Cabana Target Drawdown 10 ETF) are both Tactical Allocation funds. Both are actively managed. Over the past year, TYLD returned 3.76% vs 16.85% for TDSC. Their -0.00 correlation means they have often moved in opposite directions in the past. TYLD charges 0.59%/yr vs 0.69%/yr for TDSC.

Performance

TYLD vs. TDSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Tactical Yield ETF (TYLD) 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, TYLD achieves a 1.96% return, which is significantly lower than TDSC's 9.77% return.

TYLD

• 1D: 0.06%
• 1M: 0.26%
• 6M: 1.62%
• YTD: 1.96%
• 1Y: 3.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.32%

TDSC

• 1D: -0.09%
• 1M: -0.14%
• 6M: 6.11%
• YTD: 9.77%
• 1Y: 16.85%
• 3Y*: 9.32%
• 5Y*: 2.42%
• 10Y*: —
• ALL TIME*: 3.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TDSC Cabana Target Drawdown 10 ETF	$120.89K	$454.17K	$283.51K
TYLD Cambria Tactical Yield ETF	$126.17K	$129.20K	$73.80K

TYLD vs. TDSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TYLD Cambria Tactical Yield ETF	1.96%	4.05%	5.09%
TDSC Cabana Target Drawdown 10 ETF	9.77%	6.56%	8.83%

Correlation

The correlation between TYLD and TDSC is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.01
Correlation (All Time) Calculated using the full available price history since Jan 4, 2024	-0.00

Return for Risk

TYLD vs. TDSC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TYLD

TYLD Risk / Return Rank: 99
TYLD Sharpe Ratio Rank: 99
TYLD Sortino Ratio Rank: 99
TYLD Omega Ratio Rank: 99
TYLD Calmar Ratio Rank: 99
TYLD Martin Ratio Rank: 99

TDSC

TDSC Risk / Return Rank: 78
TDSC Sharpe Ratio Rank: 76
TDSC Sortino Ratio Rank: 75
TDSC Omega Ratio Rank: 74
TDSC Calmar Ratio Rank: 82
TDSC Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TYLD vs. TDSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Tactical Yield ETF (TYLD) 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.

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.

	TYLD	TDSC	Difference
Sharpe ratio: Return per unit of total volatility	5.28	1.73	+3.55
Sortino ratio: Return per unit of downside risk	10.07	2.43	+7.64
Omega ratio: Gain probability vs. loss probability	2.58	1.31	+1.27
Calmar ratio: Return relative to maximum drawdown	21.67	3.02	+18.65
Martin ratio: Return relative to average drawdown	114.54	10.78	+103.76

TYLD vs. TDSC - Sharpe Ratio Comparison

The current TYLD Sharpe Ratio is 5.28, which is higher than the TDSC Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of TYLD 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.

Drawdowns

TYLD vs. TDSC - Drawdown Comparison

The maximum TYLD drawdown since its inception was -1.06%, smaller than the maximum TDSC drawdown of -21.51%. Use the drawdown chart below to compare losses from any high point for TYLD and TDSC.

Drawdown Indicators

	TYLD	TDSC	Difference
Max Drawdown Largest peak-to-trough decline	-1.06%	-21.51%	+20.45%
Max Drawdown (1Y) Largest decline over 1 year	-0.18%	-5.35%	+5.17%
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%	-1.77%	+1.77%
Average Drawdown Average peak-to-trough decline	-0.10%	-9.17%	+9.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	1.50%	-1.47%

Volatility

TYLD vs. TDSC - Volatility Comparison

The current volatility for Cambria Tactical Yield ETF (TYLD) is 0.28%, while Cabana Target Drawdown 10 ETF (TDSC) has a volatility of 2.16%. This indicates that TYLD experiences smaller price fluctuations and is considered to be less risky than TDSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYLD	TDSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.28%	2.16%	-1.88%
Volatility (6M) Calculated over the trailing 6-month period	0.56%	7.32%	-6.76%
Volatility (1Y) Calculated over the trailing 1-year period	0.73%	9.36%	-8.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.72%	10.36%	-8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.72%	10.23%	-8.51%

TYLD vs. TDSC - Expense Ratio Comparison

TYLD has a 0.59% expense ratio, which is lower than TDSC's 0.69% expense ratio.

Dividends

TYLD vs. TDSC - Dividend Comparison

TYLD's dividend yield for the trailing twelve months is around 3.72%, more than TDSC's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
TDSC Cabana Target Drawdown 10 ETF	1.61%	2.92%	2.06%	2.06%	1.76%	1.11%	0.54%
TYLD Cambria Tactical Yield ETF	3.72%	4.38%	4.24%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TYLD and TDSC in my portfolio?

TYLD and TDSC have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYLD or TDSC?

TDSC has higher volatility (2.16%) compared to TYLD (0.28%). In terms of maximum drawdown, TYLD dropped -1.06% vs TDSC's -21.51%.

Which ETF is better, TYLD or TDSC?

On 1-year performance, TDSC leads with 16.85% vs 3.76% for TYLD. On fees, TYLD is cheaper at 0.59% per year. On volatility, TYLD has been the lower-risk option at 0.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TYLD or TDSC?

Over the 1-year period, TDSC has performed better with a 16.85% return vs 3.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TYLD or TDSC?

TYLD is cheaper with a 0.59% expense ratio, compared with 0.69% for TDSC.

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

TYLD has the higher dividend yield at 3.72%, compared with 1.61% for TDSC.

What is the main difference between TYLD and TDSC?

They also come from different issuers: Cambria and Exchange Traded Concepts. Their fees differ too: 0.59% for TYLD and 0.69% for TDSC.

Which has better risk-adjusted returns?

TYLD currently has the higher Sharpe Ratio (5.28 vs 1.73), 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.