Cabana Target Drawdown Etf Profile

TDSC Etf  USD 24.73  0.01  0.04%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Cabana Target is trading at 24.73 as of the 15th of July 2024, a 0.04 percent decrease since the beginning of the trading day. The etf's open price was 24.74. Cabana Target has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Cabana Target Drawdown are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of May 2024 and ending today, the 15th of July 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund 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. More on Cabana Target Drawdown

Moving together with Cabana Etf

  0.93YYY Amplify High IncomePairCorr
  0.71TDSD Exchange Traded ConceptsPairCorr
  0.94TDSB Cabana Target DrawdownPairCorr
  0.77GMOM Cambria Global MomentumPairCorr

Moving against Cabana Etf

  0.61FXY Invesco CurrencySharesPairCorr

Cabana Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTarget Outcome ETFs, Asset Allocation ETFs, Tactical Allocation, Cabana (View all Sectors)
IssuerExchange Traded Concepts
Inception Date2020-09-16
Entity TypeRegulated Investment Company
Asset Under Management235.59 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorExchange Traded Concepts, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerAndrew Serowik, Travis Trampe, G. Chadd Mason
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNASDAQ
Number of Constituents11.0
Market MakerGTS
Total Expense0.94
Management Fee0.8
Country NameUSA
Returns Y T D6.72
NameCabana Target Drawdown 10 ETF
Currency CodeUSD
Open FigiBBG00TNV22M1
In Threey Volatility10.37
1y Volatility9.75
200 Day M A23.245
50 Day M A24.1337
CodeTDSC
Updated At15th of July 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.44)
TypeETF
Cabana Target Drawdown [TDSC] is traded in USA and was established 2020-09-16. The fund is listed under Tactical Allocation category and is part of Cabana family. The entity is thematically classified as Target Outcome ETFs. Cabana Target Drawdown at this time have 579.94 M in assets. , while the total return for the last 3 years was -1.4%.
Check Cabana Target Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Cabana Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Cabana Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Cabana Target Drawdown Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Cabana Target Drawdown Etf Constituents

TLTiShares 20 YearEtfLong Government
XLYConsumer Discretionary SelectEtfConsumer Cyclical
XLVHealth Care SelectEtfHealth
XLUUtilities Select SectorEtfUtilities
XLPConsumer Staples SelectEtfConsumer Defensive
XLIIndustrial Select SectorEtfIndustrials
XLFFinancial Select SectorEtfFinancial
VOEVanguard Mid Cap ValueEtfMid-Cap Value
More Details

Cabana Target Drawdown Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cabana Target market risk premium is the additional return an investor will receive from holding Cabana Target long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cabana Target. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cabana Target's alpha and beta are two of the key measurements used to evaluate Cabana Target's performance over the market, the standard measures of volatility play an important role as well.

Cabana Target Against Markets

Additional Information and Resources on Investing in Cabana Etf

When determining whether Cabana Target Drawdown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cabana Target's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cabana Target Drawdown Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Cabana Target Drawdown Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cabana Target Drawdown. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Cabana Target Drawdown is measured differently than its book value, which is the value of Cabana that is recorded on the company's balance sheet. Investors also form their own opinion of Cabana Target's value that differs from its market value or its book value, called intrinsic value, which is Cabana Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cabana Target's market value can be influenced by many factors that don't directly affect Cabana Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cabana Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cabana Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cabana Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.