ETF Evaluator: ETC Cabana Target Drawdown 10 ETF () Follow This ETF

ETC Cabana Target Drawdown 10 ETF Overview

ETC Cabana Target Drawdown 10 ETF (TDSC) is an actively managed Allocation Moderate Allocation exchange-traded fund (ETF). Cabana launched the ETF in 2020.

The investment seeks to provide long-term growth within a targeted risk parameter. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective with limited volatility and reduced correlation to the overall performance of the equity markets by allocating its assets among the following five major asset classes – equities, fixed income securities, real estate, currencies, and commodities. The Sub-Adviser’s target drawdown for the fund is 10%; however, there can be no assurance, and the fund, the Adviser, and the Sub-Adviser do not represent or guarantee, that this target will be maintained.

About ETC Cabana Target Drawdown 10 ETF (TDSC)

There are 5 members of the management team with an average tenure of 5.04 years: Chadd Mason (2020), Andrew Serowik (2020), Gabriel Tan (2021), Todd Alberico (2021) and Brian Cooper (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Morningstar Mod Con Tgt Risk TR USD index with a weighting of 100%. ETC Cabana Target Drawdown 10 ETF has 11 securities in its portfolio. The top 10 holdings constitute 99.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

ETC Cabana Target Drawdown 10 ETF is part of the Allocation global asset class and is within the Allocation ETF group. ETC Cabana Target Drawdown 10 ETF has 0.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 77.2% There is 0.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 12.8% (12.8% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ETC Cabana Target Drawdown 10 ETF has 0.4% of the portfolio in cash.

Assets Under Management

The fund has $101 million in total assets, which is below the $411 million average for the Moderate Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

TDSC Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ETC Cabana Target Drawdown 10 ETF expense ratio is high compared to funds in the Moderate Allocation category. ETC Cabana Target Drawdown 10 ETF has an expense ratio of 0.90%, which is 5% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. ETC Cabana Target Drawdown 10 ETF has a portfolio turnover rate of 185%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 162% for the Moderate Allocation category.

Recently, in the month of July 2026, ETC Cabana Target Drawdown 10 ETF returned -0.5%, which earned it a grade of D, as the Moderate Allocation category had an average return of -1.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

ETC Cabana Target Drawdown 10 ETF has a trailing yield of 1.61%, which is below the 2.36% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

ETC Cabana Target Drawdown 10 ETF Grades

Year to date, the ETF has returned 9.7%, 2.3 percentage points better than the category, which translates into a grade of A. The fund has returned 15.9% over the past year (grade of B), 9.2% over the past three years (grade of D) and 2.4% per year over the past five years (grade of F).

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