Audiences are indeed not real security - anyone with the direct URL to the list
or item (or access to search for it) will see it.
You cannot target content and group by date, but you can target a web part (like
you do in #2) and group by date within that part (like #3) which means people
not in the audience won't see the web part at all, and those in the audience
will see the content grouped by date.