ETC Cabana Target Drawdown 10 ETF
$28.68+0.01 (+0.05%)
- 0.17%
- $104M
- +18.7%
- 1.30%
- 0M sh
- $28.67
- low $24.63high $28.89
The ETF.net TDSC Grade
A
Score 71 out of 100
- 3 of 46
Score 71 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.A98 out of 100Rank 2 of 46Mission
Whether the fund did what it promised, tested against its stated mandate.B61 out of 100Rank 16 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B61 out of 100Rank 16 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 10 of 46Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C44 out of 100Rank 26 of 43Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A70 out of 100Rank 10 of 46
Our read on TDSC
AMost defensive equity funds screen for low-volatility stocks and hope for the best. TDSC works from the other end: a drawdown target written into its name, with an active manager steering the portfolio toward that downside-risk parameter.
The Fund seeks long-term growth while managing its portfolio toward a specified drawdown, or targeted downside-risk, parameter.
Why people hold it
- The risk budget is the mandate. Cabana actively manages the portfolio toward a specified drawdown parameter, the number in the fund's name, instead of tracking an index.
- Running since 2020, so the drawdown-targeting approach has a live record through several very different markets, not just a backtest.
- Simple plumbing underneath: a standard 1940 Act US equity ETF with no leverage or exotic structure, and it distributes quarterly.
Worth knowing
- "Target" means aim, not promise. The drawdown parameter guides how the portfolio is managed; it does not cap losses the way a defined-outcome buffer does.
- At 0.90% a year, the fee sits well above the typical low-volatility defensive peer. SELV (0.15%) and CGCV (0.33%) charge a fraction of it.
- Thinly traded next to the bigger names in the category, so spreads can be wider and limit orders matter more.
TDSC Holdings
- Other
- 11
- 100%
- QQQM
Sectors
- Technology32.8%
- Health Care21.2%
- Energy16.9%
- Utilities11.9%
- Communication3.9%
- Financials3.7%
- Consumer Discretionary3.7%
- Consumer Staples2.8%
- Industrials2.3%
- Materials0.6%
- Real Estate0.1%
Geography
- United States100.00%
TDSC Performance
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.
TDSC$11,865
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.
| Period | TDSC |
|---|---|
| Year to date | +14.4% |
| 1 month | +1.3% |
| 3 months | +3.3% |
| 1 year | +18.7% |
| 3 years | +12.2% |
| 5 years | +3.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TDSC |
|---|---|---|
| 2026 YTD | +14.4% | |
| 2025 | +6.6% | |
| 2024 | +7.1% | |
| 2023 | +7.6% | |
| 2022 | −19.7% | |
| 2021 | +14.8% | |
| 2020 | −0.1% |
TDSC in the news
TDSC Dividends
- 1.30%
- $0.37
- $0.11 per share
- Quarterly
Distribution history
TDSC Risk
- 9.1%
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.
- 0.75
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.
- −21.5%
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.
- 0.76
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TDSC Cost
0.17%
TDSC0.17%
- The middle half of Tactical Allocation funds
- Median 0.91%
1 of the 46 Tactical Allocation funds charge less.
Other funds in Tactical Allocation
- AENDWCambria Endowment Style ETFExpense ratio 0.22%1 year return +19.3%
- AGMODGMO Dynamic Allocation ETFExpense ratio 0.50%1 year return —
- ACLSMETC Cabana Target Leading Sector Moderate ETFExpense ratio 0.13%1 year return +24.5%
- BPTBDPacer Trendpilot US Bond ETFExpense ratio 0.60%1 year return −0.1%
- BTDSBETC Cabana Target Beta ETFExpense ratio 0.22%1 year return +6.9%