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Launched

ETC Cabana Target Beta ETF

TDSBNasdaqCabanaB

$24.73−0.03 (−0.11%)

At close: Nov 2, 2026, 4:00 PM ET

B57/ 100

Rank 16 of 46 in Tactical Allocation

B57/100Rank 16 of 46inTactical Allocation
Intraday session: down, 79 prints from 24.76 to 24.73. Range 24.73 to 24.84. Use the arrow keys to read each point.24.7824.8024.8224.8410 AM12 PM2 PM4 PM
Expense ratio
0.91%*
Fund size
$49M
1Y total return
+5.9%
Yield · Last 12 months
1.91%
Holdings
11
Avg volume · 30D
5.69K sh
52W range
low $23.67high $25.30
Launched

*After a fee waiver that ends Aug 31, 2027. Without it: 1.02%.

The ETF.net TDSB Grade

B

Score 57 out of 100

Category
Tactical Allocation⁠
Rank
16 of 46
Six-pillar profile for TDSB. Scores out of 100: Cost 53, Risk 70, Mission 65, Tradability 50, Holdings 42, Durability 62. Strongest: Risk (70). Weakest: Holdings (42). Leans toward Risk and Mission.

Score 57 of 100 falls in the B 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.
    C53 out of 100
    Rank 21 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B65 out of 100
    Rank 14 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A70 out of 100
    Rank 8 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 24 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 29 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B62 out of 100
    Rank 19 of 46

Our read on TDSB

ETF.net Research

In short

BFive sleeves (stocks, bonds, real estate, currencies, commodities) actively shuffled in pursuit of growth with limited volatility and looser ties to the stock market. Its yardstick is the S&P 500 Equal Weight Index, not the cap-weighted one.

Stated mandate

The Fund seeks long-term growth with limited volatility and reduced correlation to overall equity-market performance through active allocation among equities, fixed income, real estate, currencies, and commodities.

Why people hold it

  • Genuinely multi-asset: equities, fixed income, real estate, currencies and commodities in one wrapper, reallocated by an active manager instead of parked at fixed weights.
  • The 0.91% fee sits just under the typical tactical multi-asset fund in its peer group, which is not where actively steered strategies usually land.
  • Trading since 2020, so the allocation calls have a live record behind them rather than a backtest.
  • Income arrives on a quarterly schedule, and the mandate is explicitly written around reduced correlation to equity markets.

Worth knowing

  • Thinly traded. Expect wider bid-ask spreads than a mainstream index fund, and more price impact on bigger orders.
  • Cheaper tactical allocators share the shelf: ENDW at 0.22% and ONOF at 0.39% run their own versions of the go-anywhere playbook for a fraction of the fee.
  • Everything rides on the manager's rotation calls. The stated goal is growth with limited volatility, not keeping pace with a straight stock index.

TDSB Performance

Launched Sep 16, 2020

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.
TDSB$10,590
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. TDSB $10,590. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 TDSB. Periods over one year show the average yearly return.
PeriodTDSB
Year to date+4.8%
1 month+1.4%
3 months+1.8%
1 year+5.9%
3 yearsper year+9.0%
5 yearsper year+1.4%
10 yearsFund is under 10 years oldper yearNo data

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 TDSB
YearReturn barTDSB
2026 YTD+4.8%
2025+12.9%
2024+3.6%
2023+4.7%
2022−16.8%
2021+8.5%
2020−1.2%

History from Sep 17, 2020

TDSB in the news

TDSB 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 30, 2026.
1.91%Last 12 months
Payout per share
$0.47Last 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2020–2026

One bar per payment. 20 payments from 2020 to 2026 YTD. Dec 30, 2020 $0.11; Dec 30, 2021 $0.45; Mar 25, 2022 $0.03; Jun 24, 2022 $0.06; Sep 27, 2022 $0.08; Dec 27, 2022 $0.22; Jun 27, 2023 $0.15; Sep 26, 2023 $0.17; Dec 26, 2023 $0.28; Mar 25, 2024 $0.19; Jun 24, 2024 $0.07; Sep 24, 2024 $0.16; Dec 30, 2024 $0.34; Mar 26, 2025 $0.11; Jun 26, 2025 $0.10; Sep 29, 2025 $0.13; Dec 30, 2025 $0.13; Mar 27, 2026 $0.17; Jun 26, 2026 $0.13; Sep 28, 2026 $0.04. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.04
Jun 26, 2026Jun 30, 2026$0.13
Mar 27, 2026Mar 31, 2026$0.17
Dec 30, 2025Dec 31, 2025$0.13
Sep 29, 2025Sep 30, 2025$0.13
Jun 26, 2025Jun 27, 2025$0.10
Mar 26, 2025Mar 27, 2025$0.11
Dec 30, 2024Dec 31, 2024$0.34
Sep 24, 2024Sep 25, 2024$0.16
Jun 24, 2024Jun 25, 2024$0.07
Mar 25, 2024Mar 27, 2024$0.19
Dec 26, 2023Dec 29, 2023$0.28

See all 20 payments⁠

$10,000 in TDSB 5 years ago paid $1,120 in dividends.⁠

TDSB Risk

Risk pillarA70 out of 100Rank 8 of 46 in Tactical Allocation
How much the fund’s monthly returns vary, scaled to a year.
6.6%
Annualised · 36 months to Oct 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.
0.66
vs 3-month T-bills · to Oct 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.
−19.6%
Trough Aug 2023
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.
0.52
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.

FMP measures it over up to five years of monthly returns.

TDSB Cost

Compare TDSB and ENDW

Overpaying vs ENDW, cheapest in Tactical Allocation

$12,649

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TDSB 0.91%

    $17,207

  • ENDW 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • TDSB 0.91%
  • ENDW 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TDSB $17,207ENDW $4,558

Year by year

YearTDSBENDWOverpaying
10$1,610$401$1,209
20$6,076$1,561$4,515
30$17,207$4,558$12,649
How the 0.91% is worked out

Full fee 1.02%− waiver 0.11%= you pay 0.91%

The waiver ends Aug 31, 2027. After that the fee is 1.02% unless Cabana renews it. Source: prospectus, Aug 2026.

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