TBAL.TO Alternatives & Similar ETFs

TD Balanced ETF Portfolio (TBAL.TO) belongs to the Global Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TBAL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TBAL.TO

TBAL.TO charges 0.15% annually. No ETFs in the Global Allocation category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.18%.

Symbol	Name	Expense Ratio	AUM	Inception
ZBAL.TO	BMO Balanced ETF	0.18%	591.92M	Jan 2022	TBAL.TO vs ZBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	0.22%	36.21M	Aug 2018	TBAL.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	0.55%	44.70M	Jan 2020	TBAL.TO vs FCGI.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	0.87%	55.41M	Jun 2023	TBAL.TO vs ZWQT.TO

Best Risk-Adjusted Alternatives to TBAL.TO

TBAL.TO has a PortfoliosLab risk / return rank of 71. There are 3 ETFs in the Global Allocation category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	92	55.41M	Jun 2023	TBAL.TO vs ZWQT.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	91	44.70M	Jan 2020	TBAL.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	72	591.92M	Jan 2022	TBAL.TO vs ZBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	62	36.21M	Aug 2018	TBAL.TO vs HCON.TO

Top Performing TBAL.TO Alternatives (YTD)

TBAL.TO is at 7.35% YTD. There are 3 ETFs in the Global Allocation category with higher YTD returns, going as high as 13.46%.

Symbol	Name	YTD Return	AUM	Inception
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	13.46%	55.41M	Jun 2023	TBAL.TO vs ZWQT.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	8.07%	44.70M	Jan 2020	TBAL.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	8.07%	591.92M	Jan 2022	TBAL.TO vs ZBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	5.14%	36.21M	Aug 2018	TBAL.TO vs HCON.TO

Lowest Volatility Alternatives to TBAL.TO

TBAL.TO has 7.78% 1-year volatility. There are 2 ETFs in the Global Allocation category with lower 1-year volatility, going as low as 6.69%.

Symbol	Name	Volatility 1Y	AUM	Inception
HCON.TO	Global X Conservative Asset Allocation ETF	6.69%	36.21M	Aug 2018	TBAL.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	6.74%	44.70M	Jan 2020	TBAL.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	8.38%	591.92M	Jan 2022	TBAL.TO vs ZBAL.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	9.40%	55.41M	Jun 2023	TBAL.TO vs ZWQT.TO

Lowest Drawdown Alternatives to TBAL.TO

TBAL.TO has a 1-year max drawdown of -5.98%. There are 4 ETFs in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -3.91%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	-3.91%	44.70M	Jan 2020	TBAL.TO vs FCGI.TO
HCON.TO	Global X Conservative Asset Allocation ETF	-4.71%	36.21M	Aug 2018	TBAL.TO vs HCON.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	-5.47%	55.41M	Jun 2023	TBAL.TO vs ZWQT.TO
ZBAL.TO	BMO Balanced ETF	-5.81%	591.92M	Jan 2022	TBAL.TO vs ZBAL.TO

Other ETFs from TD

The 10 most viewed TD ETFs shown here include TEC.TO, TGRO.TO, TPU.TO and span 9 categories. AUM among these funds goes as high as $6B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TEC.TO	TD Global Technology Leaders Index ETF	Technology Equities	58	17.96%	5.04B	May 2019	TBAL.TO vs TEC.TO
TGRO.TO	TD Growth ETF Portfolio	Diversified Portfolio	77	9.93%	—	Aug 2020	TBAL.TO vs TGRO.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	73	12.48%	5.84B	Mar 2016	TBAL.TO vs TPU.TO
TTP.TO	TD Canadian Equity Index ETF	Canada Equities	80	10.77%	6.05B	Mar 2016	TBAL.TO vs TTP.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	93	14.98%	3.03B	Nov 2019	TBAL.TO vs TQCD.TO
TEQT.TO	TD All-Equity ETF Portfolio	Global Equities	81	11.59%	—	Apr 2025	TBAL.TO vs TEQT.TO
TCSH.TO	TD Cash Management ETF	Canadian Government Bonds	99	0.85%	—	Feb 2024	TBAL.TO vs TCSH.TO
TPE.TO	TD International Equity Index ETF	International Equity	45	9.84%	5.20B	Mar 2016	TBAL.TO vs TPE.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	Dividend	96	19.17%	340.80M	Apr 2023	TBAL.TO vs TBNK.TO
TGED.TO	TD Active Global Enhanced Dividend ETF	Global Equity Income	55	18.74%	1.73B	Mar 2022	TBAL.TO vs TGED.TO

Often Compared With TBAL.TO

Investors most often compare TBAL.TO with VBAL.TO, XBAL.TO, VDY.TO. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VBAL.TO	Vanguard Balanced ETF Portfolio	Diversified Portfolio	68	8.13%	5.44B	Jan 2018	TBAL.TO vs VBAL.TO
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio	61	7.81%	3.20B	Jun 2007	TBAL.TO vs XBAL.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	TBAL.TO vs VDY.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	TBAL.TO vs HDIV.TO
VCNS.TO	Vanguard Conservative ETF Portfolio	Diversified Portfolio	56	5.71%	893.34M	Jan 2018	TBAL.TO vs VCNS.TO
TDB.TO	TD Canadian Aggregate Bond Index ETF	Canadian Government Bonds	21	1.60%	3.82B	Mar 2016	TBAL.TO vs TDB.TO
TQGM.TO	TD Q Global Multifactor ETF	Multi-factor	84	13.62%	1.19B	Nov 2019	TBAL.TO vs TQGM.TO
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	91	11.17%	2.34B	Jan 2023	TBAL.TO vs HMAX.TO
TGFI.TO	TD Active Global Income ETF	Global Bonds	34	0.60%	364.55M	Nov 2019	TBAL.TO vs TGFI.TO
THE.TO	TD International Equity CAD Hedged Index ETF	International Equity	53	8.99%	241.82M	Mar 2016	TBAL.TO vs THE.TO
TCON.TO	TD Conservative ETF Portfolio	Diversified Portfolio	63	5.47%	—	Aug 2020	TBAL.TO vs TCON.TO
TPRF.TO	TD Active Preferred Share ETF	Preferred Stock/Convertible Bonds	96	5.07%	447.27M	Nov 2018	TBAL.TO vs TPRF.TO
TULV.TO	TD Q U.S. Low Volatility ETF	Large Cap Blend Equities	17	1.51%	57.40M	May 2020	TBAL.TO vs TULV.TO
HEQL.TO	Global X Enhanced All-Equity Asset Allocation ETF ...	Leveraged Equities	81	16.61%	—	Oct 2023	TBAL.TO vs HEQL.TO
TECI.TO	TD Global Technology Innovators Index ETF	Technology Equities	87	47.65%	—	Nov 2021	TBAL.TO vs TECI.TO
TINF.TO	TD Active Global Infrastructure Equity ETF	Global Equities	45	9.87%	398.63M	May 2020	TBAL.TO vs TINF.TO
TQGD.TO	TD Q Global Dividend ETF	Global Equity Income	85	13.16%	789.42M	Nov 2019	TBAL.TO vs TQGD.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	76	22.65%	1.96B	May 2021	TBAL.TO vs QQC.TO
TQSM.TO	TD Q U.S. Small-Mid-Cap Equity ETF	Mid Cap Value Equities	47	13.30%	869.96M	Jan 2025	TBAL.TO vs TQSM.TO
TILV.TO	TD Q International Low Volatility ETF	Foreign Large Cap Equities	36	6.87%	133.63M	May 2019	TBAL.TO vs TILV.TO

Compare TBAL.TO with Any Fund or Stock

Compare TBAL.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair TBAL.TO with funds that move differently

TD Balanced ETF Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TBAL.TO.

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TD Balanced ETF Portfolio (TBAL.TO) Alternatives