WAMA vs. TDSB

Last updated Jun 4, 2026

WAMA (WisdomTree U.S. Adaptive Moving Average Fund) and TDSB (Cabana Target Drawdown 7 ETF) are both Tactical Allocation funds. WAMA is passively managed, while TDSB is actively managed. A 0.61 correlation means they provide meaningful diversification when combined. WAMA charges 0.32%/yr vs 0.69%/yr for TDSB.

Performance

WAMA vs. TDSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Adaptive Moving Average Fund (WAMA) and Cabana Target Drawdown 7 ETF (TDSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAMA

• 1D: -0.73%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDSB

• 1D: -0.16%
• 1M: 0.64%
• YTD: 4.54%
• 6M: 4.50%
• 1Y: 14.83%
• 3Y*: 8.77%
• 5Y*: 2.16%
• 10Y*: —

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

WAMA vs. TDSB - Yearly Performance Comparison

	2026 (YTD)
WAMA WisdomTree U.S. Adaptive Moving Average Fund	2.77%
TDSB Cabana Target Drawdown 7 ETF	-0.16%

Correlation

The correlation between WAMA and TDSB is 0.61, 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 May 7, 2026	0.61

Return for Risk

WAMA vs. TDSB — Risk / Return Rank

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

TDSB

TDSB Risk / Return Rank: 73
TDSB Sharpe Ratio Rank: 77
TDSB Sortino Ratio Rank: 76
TDSB Omega Ratio Rank: 80
TDSB Calmar Ratio Rank: 65
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.

WAMA vs. TDSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Adaptive Moving Average Fund (WAMA) 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.

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

Sharpe Ratios by Period

	WAMA	TDSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.49	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.87	0.31	+4.56

Drawdowns

WAMA vs. TDSB - Drawdown Comparison

The maximum WAMA drawdown since its inception was -1.91%, smaller than the maximum TDSB drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for WAMA and TDSB.

Drawdown Indicators

	WAMA	TDSB	Difference
Max Drawdown Largest peak-to-trough decline	-1.91%	-19.56%	+17.65%
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	-0.73%	-0.90%	+0.17%
Average Drawdown Average peak-to-trough decline	-0.39%	-9.12%	+8.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.17%	—

Volatility

Volatility by Period

	WAMA	TDSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.64%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.20%	5.98%	+3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.20%	7.32%	+1.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.20%	7.53%	+1.67%

WAMA vs. TDSB - Expense Ratio Comparison

WAMA has a 0.32% expense ratio, which is lower than TDSB's 0.69% expense ratio.

Dividends

WAMA vs. TDSB - Dividend Comparison

WAMA has not paid dividends to shareholders, while TDSB's dividend yield for the trailing twelve months is around 2.13%.

Position	TTM	2025	2024	2023	2022	2021	2020
TDSB Cabana Target Drawdown 7 ETF	2.13%	1.93%	3.50%	2.77%	1.81%	1.75%	0.46%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WAMA and TDSB in my portfolio?

WAMA and TDSB have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAMA or TDSB?

On fees, WAMA is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAMA or TDSB?

WAMA is cheaper with a 0.32% expense ratio, compared with 0.69% for TDSB.

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

TDSB has the higher dividend yield at 2.13%, compared with 0.00% for WAMA.

What is the main difference between WAMA and TDSB?

They also come from different issuers: WisdomTree and Exchange Traded Concepts. Their fees differ too: 0.32% for WAMA and 0.69% for TDSB.