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Launched · SEC filings

ETC Cabana Target Leading Sector Moderate ETF

CLSMNasdaqA

$28.08−0.06 (−0.21%)

At close: Oct 13, 2026, 4:00 PM

A70/ 100

Rank 4 of 46 in Tactical Allocation

A70/100Rank 4 of 46inTactical Allocation
Intraday session: down, 76 prints from 28.14 to 28.08. Range 27.96 to 28.11. Use the arrow keys to read each point.27.9528.0028.0510 AM12 PM2 PM4 PM
Expense ratio
0.13%
Fund size
$100M
1Y total return
+24.5%
Yield · Last 12 months
0.74%
Holdings
5
Avg volume · 30D
0M sh
NAV per share
$28.27
52W range
low $22.42high $28.41
Launched
Filings
SEC EDGAR

The ETF.net CLSM Grade

Based on 5 of 6 pillars

A

Score 70 out of 100

Category
Tactical Allocation⁠
Rank
4 of 46
Six-pillar profile for CLSM. Scores out of 100: Cost 100, Risk 46, Mission not scored, Tradability 64, Holdings 32, Durability 61. Strongest: Cost (100). Weakest: Holdings (32). Based on 5 of 6 pillars.

Score 70 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A100 out of 100
    Rank 1 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 26 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 10 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D32 out of 100
    Rank 40 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B61 out of 100
    Rank 21 of 46

Our read on CLSM

ETF.net Research

AA tactical allocation fund whose name states the plan: tilt toward leading sectors, dialed to a moderate risk setting. The mandate is plain long-term growth, and its 0.82% fee sits under the typical charge in the tactical crowd.

Stated mandate

The Fund seeks to provide long-term growth.

Why people hold it

  1. 010.82% a year, below the median expense ratio for its tactical allocation peer group.
  2. 02One stated job in the prospectus: long-term growth. No index to shadow, so the sector mix can move as the model reads conditions.
  3. 03Trading since 2021, so there is a live multi-year record behind the strategy rather than a backtest.

Worth knowing

  1. 01Thinly traded, so spreads can run wider and larger orders are harder to fill than in heavily traded funds.
  2. 02Cheap for its cohort, not cheap outright. Other tactical funds in the same group charge less, including ENDW at 0.22% and ONOF at 0.39%.
  3. 03Discretionary with no declared index: the stated goal is simply long-term growth, so there is no benchmark contract to measure the sector calls against.

CLSM Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
5
Top-10 weight
100%
Largest holding
XLK34.8%

Sectors

  • Technology58.2%
  • Consumer Staples29.8%
  • Communication4.3%
  • Consumer Discretionary3.8%
  • Industrials1.7%
  • Health Care1.3%
  • Utilities0.4%
  • Materials0.3%
  • Energy0.2%
  • Financials0.1%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001XLKSs Technology Select Sector34.79%174,690$35M36
002QQQMInvesco Nasdaq 100 Etf30.95%99,870$31M12
003XLPSs Consumer Staples Sel Sect26.51%317,214$26M13
004AAAUGoldman Sachs Physical Gold7.47%180,260$7M4
005—Cash & Other0.28%282,325$282K47

Showing 1–5 of 5 holdings

CLSM Performance

Launched Jul 12, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
CLSM$12,446
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. CLSM $12,446. SPY $12,044. Use the arrow keys to read each point.$9,544$11,150$12,757Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CLSM. Periods over one year show the average yearly return.
PeriodCLSM
Year to date+21.1%
1 month+3.0%
3 months+3.0%
1 year+24.5%
3 yearsper year+13.8%
5 yearsper year+3.4%
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CLSM
YearReturn barCLSM
2026 YTD+21.1%
2025+15.3%
2024+1.9%
2023+1.2%
2022−25.6%
2021+9.1%

History from Jul 13, 2021

CLSM in the news

Filtered to CLSM · Tactical Allocation

CLSM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
0.74%Last 12 months
Payout per share
$0.21Last 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2021–2026

One bar per payment. 3 payments from 2021 to 2026 YTD. Dec 30, 2021 $0.16; Dec 30, 2024 $0.43; Dec 30, 2025 $0.21. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.21
Dec 30, 2024Dec 31, 2024$0.43
Dec 26, 2023Dec 29, 2023Data unavailable
Dec 27, 2022Dec 30, 2022Data unavailable
Dec 30, 2021Jan 4, 2022$0.16

CLSM Risk

How much the fund’s monthly returns vary, scaled to a year.
11.3%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.77
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−31.7%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.87
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CLSM Cost

Expense ratio0.13%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

No Tactical Allocation fund charges less.

CLSM costs $13.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.

Other funds in Tactical Allocation

See others