TDSB vs. LALT ETF Comparison

Comparison of Cabana Target Drawdown 7 ETF (TDSB) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)

TDSB

Cabana Target Drawdown 7 ETF

TDSB Description

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 7%; 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.

Grade (RS Rating)

Last Trade

$21.70

Average Daily Volume

24,574

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

LALT

First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF

LALT Description

The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the Benchmark) through a quantitative process that seeks to exceed the Benchmark's performance.

Grade (RS Rating)

Last Trade

$20.34

Average Daily Volume

5,905

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	TDSB	LALT
30 Days	-0.98%	-2.42%
60 Days	-0.35%	-0.36%
90 Days	0.11%	1.43%
12 Months	2.65%	4.79%

1 Overlapping Holdings

	Symbol	Grade	Weight in TDSB	Weight in LALT	Overlap
	IEF	C	4.83%	4.97%	4.83%

TDSB Overweight 5 Positions Relative to LALT

	Symbol	Grade	Weight
	HYMB	A	14.77%
	VGLT	D	14.01%
	UUP	A	10.37%
	JEPI	D	4.91%
	QQQM	C	4.81%

TDSB Underweight 7 Positions Relative to LALT

	Symbol	Grade	Weight
	FAAR	C	-21.43%
	FMF	D	-21.29%
	FTLS	C	-17.44%
	UCON	A	-12.42%
	MARB	F	-11.92%
	IAU	B	-5.0%
	FTGC	C	-4.99%

TDSB: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Bond Market Fixed Income U.S. Government Barclays U.S. Long Government Bond Market Indices Bullish Corporate Bond Equity Financial Capital Futures Exchange Futures Markets Government Bond Government Bonds Index Fund Inflation

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return American Depositary Receipt Bear Market ETF Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Commodity Pool Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF