Cabana Target Drawdown 7 ETF (TDSB) Performance
TDSB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.7% since Dec 31, 2025
- 1 year
- +5.4% total return
- 5 years
- +1.6% a year
- Since first price
- +2.2% a year since 2020
TDSB trailing returns vs AGG, TLT, SPY
| Period | TDSB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.3% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.0% | +0.8% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.6% | −0.1% | −1.5% | −3.8% | +7.8% |
| YTD | +4.7% | +3.3% | −1.0% | −3.4% | +12.3% |
| 1 year | +5.4% | +3.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +29.6%+9.0%/yr | +19.4% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +8.3%+1.6%/yr | −5.1% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionSep 17, 2020 | +14.3%+2.2%/yr | −0.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TDSB vs AGG
From Sep 17, 2020: TDSB grew to $11,433, AGG to $9,755.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TDSB returns by calendar year
4 of 5 full years positive. Best 2025 (+13.0%), worst 2022 (−16.8%). 2026 is year to date.
TDSB annual returns table
| Year | TDSB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +4.7% | −4.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +13.0% | −6.6% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.6% | −4.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +4.7% | −4.8% | +5.7% | +2.8% | +26.2% |
| 2022 | −16.8% | −17.5% | −13.0% | −31.2% | −18.2% |
| 2021 | +8.4% | −5.2% | −1.8% | −4.6% | +28.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TDSB largest drawdowns
Now 1.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −19.6% | Aug 24, 2023 | Oct 20, 2025 | 1.8 years | 3.9 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
TDSB risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +8.6% | +1.8% | +2.2% |
| Volatility (annualized) | 6.6% | 7.8% | 7.7% |
| Sharpe ratio | 0.62 | -0.20 | -0.06 |
| Sortino ratio | 0.92 | -0.24 | -0.08 |
| Best month | +3.4% | +3.4% | +3.4% |
| Worst month | −4.1% | −6.5% | −6.5% |
| Best 12 months | +16.2% | +16.2% | +16.2% |
| Worst 12 months | +3.4% | −16.8% | −16.8% |
| Positive months | 69% | 63% | 61% |
| Beta vs S&P 500 | 0.32 | 0.33 | — |
| Correlation with S&P 500 | 0.60 | 0.67 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TDSB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 62 | −16.8% | +4.5% | +16.2% | 68% |
| 3-year (a year) | 38 | −3.8% | +0.9% | +9.5% | 53% |
| 5-year (a year) | 14 | +1.3% | +2.1% | +3.7% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
TDSB performance overview
Cabana Target Drawdown 7 ETF (TDSB) returned +5.4% over the past year and +1.6% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +2.2% a year, turning $10,000 into about $11,433. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −19.6%, from Nov 8, 2021 to Aug 24, 2023, and it took 2.2 years to get back to the old high. TDSB finished 4 of its 5 full calendar years with a gain; the best year was 2025 (+13.0%) and the worst 2022 (−16.8%). Volatility has been 7.7% a year.
Related: TDSB chart, TDSB holdings, TDSB dividends, TDSB bond profile. See the TDSB overview for the latest quote and fund facts.
TDSB performance FAQ
What is the TDSB return over the past year?
TDSB returned +5.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.4%.
What is the average annual return of TDSB?
TDSB has returned +1.6% a year over 5 years, +2.2% a year since September 17, 2020 (total return, distributions reinvested).
How much would $10,000 invested in TDSB be worth?
$10,000 invested in TDSB at its first recorded close on September 17, 2020 would be worth about $11,433 on October 23, 2026 with distributions reinvested.
What was the worst year for TDSB?
The worst calendar year was 2022, with a total return of −16.8%. The best was 2025 at +13.0%.
What is the biggest drawdown of TDSB?
The largest peak-to-trough decline was −19.6% between November 8, 2021 and August 24, 2023. It recovered to the old high on October 20, 2025, 2.2 years after the bottom.
How volatile is TDSB?
Over the past 3 years TDSB had an annualized volatility of 6.6% and a Sharpe ratio of 0.62 (excess return over 1–3 month T-bills per unit of risk).