What this ETF is trying to do

The ETC Cabana Target Beta ETF (TDSB) is a fund that spreads its investments across different types of assets. Instead of focusing on just one company or industry, it holds a mix of other ETFs that track things like the Nasdaq 100, gold, commodities, healthcare, utilities, the US dollar, and various government bonds.

What the numbers show

As of September 18, 2026, the share price of TDSB was $24.77.

When looking at performance, it is important to distinguish between price return (how much the share price changed) and total return (which includes the share price change plus distributions).

• Year-to-Date: The price return is 3.32%, while the total return is 4.60%.

• One Year: The price return is 7.07%, while the total return is 9.59%.

• Three Year: The price return is 19.05%, while the total return is 29.98%.

For a simple example, if you had invested $10,000 in this ETF roughly one year ago (when the estimated price was $23.13), the price-only growth would have turned that into approximately $10,707 based on the one-year price return.

Income and distribution explanation

TDSB pays out cash to investors, known as distributions. It usually does this quarterly (four times a year). The current distribution yield is 2.26%.

It is important for beginners to remember that a distribution yield is not the same as a total return. A yield tells you how much cash the fund pays out relative to its price, but it does not guarantee that the original money you invested (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the actual value of the fund's underlying assets drops significantly over time. StockValueFinder uses an erosion-risk score to track this. TDSB has an erosion score of 100, and the label states "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the fund has not triggered a warning for substantial price deterioration.

Top Holdings

As of October 4, 2026, the fund holds 10 assets. The largest include:

• Invesco NASDAQ 100 ETF: 11.99%

• Goldman Sachs Physical Gold ETF: 11.33%

• PIMCO Commodity Strategy Fund: 11.23%

• State Street Health Care Select Sector SPDR ETF: 10.75%

• State Street Utilities Select Sector SPDR ETF: 9.78%

Pros

• No price erosion was detected.

• The total returns have been higher than the price returns over the last one and three years.

• It provides a diversified mix of assets, including gold and bonds.

Cons

• The distribution yield is relatively low (2.26%) compared to funds specifically designed for high income.

Beginner takeaway

TDSB is a diversified fund that has seen both its share price and its total return grow over the last three years. It provides a small amount of regular cash income and currently shows no signs of NAV erosion.