Cabana Target Leading Sector Aggressive ETF
CLSA
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Jul 13, 2021
- CIK
- 0001547950
- Similar Companies
- Business
- Cabana Target Leading Sector Aggressive ETF (CLSA) is an actively managed exchange-traded fund that seeks long-term growth of capital by tactically allocating assets among exchange-traded funds focused on leading sectors of the U.S. equity market, including communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities; the fund employs a proprietary algorithm to identify attractive sectors based on economic conditions while pursuing an aggressive risk profile. Sub-advised by Cabana Asset Management, a subsidiary of The Cabana Group, LLC—an SEC-registered investment adviser—the ETF operates as a fund of funds, investing across equities, fixed income, real estate, and other asset classes to optimize performance and manage volatility. Launched on July 12, 2021, and listed on Nasdaq, CLSA targets investors and advisors seeking exposure to high-growth sector rotations, with assets under management of approximately $38.8 million and a net expense ratio of 0.69%. The ETF forms part of Cabana's broader suite of target leading sector strategies, including the conservative (CLSC) and moderate (CLSM) variants, all developed in partnership with Exchange Traded Concepts, LLC, the primary adviser and sponsor through Exchange Listed Funds Trust. Cabana Asset Management, headquartered in Fayetteville, Arkansas, supports these products alongside other offerings like the Target Drawdown and Target Beta ETF series, serving individual investors, financial advisors, and institutions across the United States. In recent developments, Cabana transferred its full ETF lineup—including CLSA—to Nasdaq exchange listing in late 2022 as part of a strategic partnership to enhance market access, liquidity, and technological support. Effective January 2024, Cabana and Exchange Traded Concepts implemented portfolio strategy changes for the Target Leading Sector ETFs; additionally, on January 8, 2024, the moderate CLSM fund acquired the assets and liabilities of CLSA and CLSC, consolidating the aggressive and conservative share classes into the surviving moderate offering while CLSA's ticker persists in select trading contexts. These moves reflect Cabana's ongoing evolution in risk-managed ETF strategies amid a portfolio exceeding $2 billion in assets under management and advisement as of mid-2021, with continued focus on innovation through proprietary models.