XXX vs. CLSM

Last updated Jun 4, 2026

XXX (CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF) and CLSM (Cabana Target Leading Sector Moderate ETF) are both Tactical Allocation funds - XXX tracks the 75% S&P 500 - 25% S&P XRP Reference Price Index - Benchmark TR Gross while CLSM tracks the Actively Managed. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. XXX charges 0.95%/yr vs 0.82%/yr for CLSM.

Performance

XXX vs. CLSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF (XXX) and Cabana Target Leading Sector Moderate ETF (CLSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XXX

• 1D: -0.93%
• 1M: 0.29%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLSM

• 1D: -0.38%
• 1M: 9.23%
• YTD: 20.45%
• 6M: 20.19%
• 1Y: 34.21%
• 3Y*: 13.75%
• 5Y*: —
• 10Y*: —

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

XXX vs. CLSM - Yearly Performance Comparison

	2026 (YTD)
XXX CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF	-2.30%
CLSM Cabana Target Leading Sector Moderate ETF	17.32%

Correlation

The correlation between XXX and CLSM is 0.79, 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 Feb 2, 2026	0.79

Return for Risk

XXX vs. CLSM — Risk / Return Rank

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

CLSM

CLSM Risk / Return Rank: 82
CLSM Sharpe Ratio Rank: 83
CLSM Sortino Ratio Rank: 80
CLSM Omega Ratio Rank: 83
CLSM Calmar Ratio Rank: 80
CLSM Martin Ratio Rank: 83

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.

XXX vs. CLSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF (XXX) and Cabana Target Leading Sector Moderate ETF (CLSM). 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

	XXX	CLSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.29	0.35	-0.64

Drawdowns

XXX vs. CLSM - Drawdown Comparison

The maximum XXX drawdown since its inception was -12.88%, smaller than the maximum CLSM drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for XXX and CLSM.

Drawdown Indicators

	XXX	CLSM	Difference
Max Drawdown Largest peak-to-trough decline	-12.88%	-27.77%	+14.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.60%	—
Current Drawdown Current decline from peak	-4.80%	-0.38%	-4.42%
Average Drawdown Average peak-to-trough decline	-5.27%	-16.49%	+11.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.05%	—

Volatility

Volatility by Period

	XXX	CLSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.35%	12.70%	+10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.35%	12.47%	+10.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.35%	12.47%	+10.88%

XXX vs. CLSM - Expense Ratio Comparison

XXX has a 0.95% expense ratio, which is higher than CLSM's 0.82% expense ratio.

Dividends

XXX vs. CLSM - Dividend Comparison

XXX's dividend yield for the trailing twelve months is around 0.06%, less than CLSM's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021
CLSM Cabana Target Leading Sector Moderate ETF	0.75%	0.90%	2.13%	2.58%	3.17%	0.59%
XXX CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XXX and CLSM in my portfolio?

XXX and CLSM have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XXX or CLSM?

On fees, CLSM is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XXX or CLSM?

CLSM is cheaper with a 0.82% expense ratio, compared with 0.95% for XXX.

Which ETF pays a higher dividend yield, XXX or CLSM?

CLSM has the higher dividend yield at 0.75%, compared with 0.06% for XXX.

What is the main difference between XXX and CLSM?

XXX tracks 75% S&P 500 - 25% S&P XRP Reference Price Index - Benchmark TR Gross, while CLSM tracks Actively Managed. They also come from different issuers: Cyber Hornet and Cabana. Their fees differ too: 0.95% for XXX and 0.82% for CLSM.