TD Balanced ETF Portfolio (TBAL.TO)

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The chart shows the growth of an initial investment of CA$10,000 in TD Balanced ETF Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

TD Balanced ETF Portfolio (TBAL.TO) has returned 0.33% so far this year and 12.93% over the past 12 months.

Based on dividend-adjusted daily data since Aug 18, 2020, TBAL.TO's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +5.8%, while the worst month was Jun 2022 at -5.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, TBAL.TO closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +3.6%, while the worst single day was Jun 13, 2022 at -2.5%.

TD Balanced ETF Portfolio has an annualized alpha of 3.08%, beta of 0.40, and R² of 0.44 versus S&P 500 Index. Calculated based on daily prices since August 19, 2020.

• This ETF participated in 59.09% of S&P 500 Index downside but only 55.70% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.40 may look defensive, but with R² of 0.44 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.44 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

TBAL.TO has an expense ratio of 0.15%, which is considered low.

TBAL.TO ranks 72 for risk / return — better than 72% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for TD Balanced ETF Portfolio (TBAL.TO) and compare them to a chosen benchmark (S&P 500 Index).

TD Balanced ETF Portfolio provided a 2.50% dividend yield over the last twelve months, with an annual payout of CA$0.53 per share. The fund has been increasing its distributions for 5 consecutive years.

The table displays the monthly dividend distributions for TD Balanced ETF Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the TD Balanced ETF Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the TD Balanced ETF Portfolio was 17.34%, occurring on Oct 12, 2022. Recovery took 296 trading sessions.

The current TD Balanced ETF Portfolio drawdown is 3.83%.

The chart below shows the rolling one-month volatility.