TBNK.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to TBNK.TO

TBNK.TO charges 0.28% annually. There are 5 ETFs in the Dividend category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZDIV.TO	BMO MSCI Canada IMI High Dividend Yield Index ETF	0.09%	—	Feb 2026	TBNK.TO vs ZDIV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	5.25B	Jun 2017	TBNK.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	286.82M	Jun 2017	TBNK.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.69M	Jun 2017	TBNK.TO vs XDUH.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.22%	7.99B	Nov 2012	TBNK.TO vs VDY.TO

Best Risk-Adjusted Alternatives to TBNK.TO

TBNK.TO has a PortfoliosLab risk / return rank of 96. There are 2 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	98	7.99B	Nov 2012	TBNK.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	5.25B	Jun 2017	TBNK.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	94	365.90M	Sep 2018	TBNK.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	83	—	Jan 2025	TBNK.TO vs CWIN.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	82	212.60M	Jan 2018	TBNK.TO vs PDIV.TO

Top Performing TBNK.TO Alternatives (YTD)

TBNK.TO is at 19.17% YTD. There are 2 ETFs in the Dividend category with higher YTD returns, going as high as 27.69%.

Symbol	Name	YTD Return	AUM	Inception
DXU.TO	Dynamic Active U.S. Dividend ETF	27.69%	82.94M	Sep 2024	TBNK.TO vs DXU.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	20.59%	7.99B	Nov 2012	TBNK.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	19.17%	5.25B	Jun 2017	TBNK.TO vs XDIV.TO
ZDY.TO	BMO US Dividend ETF (CAD)	18.13%	865.68M	Mar 2013	TBNK.TO vs ZDY.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	15.75%	—	Jan 2025	TBNK.TO vs CWIN.TO

Lowest Volatility Alternatives to TBNK.TO

TBNK.TO has 12.63% 1-year volatility. There are 17 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.79%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.79%	212.60M	Jan 2018	TBNK.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.57%	—	Mar 2026	TBNK.TO vs VUDV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	7.85%	5.25B	Jun 2017	TBNK.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.21%	7.99B	Nov 2012	TBNK.TO vs VDY.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.37%	365.90M	Sep 2018	TBNK.TO vs FCCD.TO

Lowest Drawdown Alternatives to TBNK.TO

TBNK.TO has a 1-year max drawdown of -8.25%. There are 13 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.33%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.33%	5.25B	Jun 2017	TBNK.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	7.99B	Nov 2012	TBNK.TO vs VDY.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	-5.22%	212.60M	Jan 2018	TBNK.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	365.90M	Sep 2018	TBNK.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.69M	Jun 2017	TBNK.TO vs XDUH.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	TBNK.TO vs TEC.TO
TGRO.TO	TD Growth ETF Portfolio	Diversified Portfolio	77	9.93%	—	Aug 2020	TBNK.TO vs TGRO.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	73	12.48%	5.84B	Mar 2016	TBNK.TO vs TPU.TO
TTP.TO	TD Canadian Equity Index ETF	Canada Equities	80	10.77%	6.05B	Mar 2016	TBNK.TO vs TTP.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	93	14.98%	3.03B	Nov 2019	TBNK.TO vs TQCD.TO
TEQT.TO	TD All-Equity ETF Portfolio	Global Equities	81	11.59%	—	Apr 2025	TBNK.TO vs TEQT.TO
TCSH.TO	TD Cash Management ETF	Canadian Government Bonds	99	0.85%	—	Feb 2024	TBNK.TO vs TCSH.TO
TBAL.TO	TD Balanced ETF Portfolio	Global Allocation	71	7.35%	—	Aug 2020	TBNK.TO vs TBAL.TO
TPE.TO	TD International Equity Index ETF	International Equity	45	9.84%	5.20B	Mar 2016	TBNK.TO vs TPE.TO
TGED.TO	TD Active Global Enhanced Dividend ETF	Global Equity Income	55	18.74%	1.73B	Mar 2022	TBNK.TO vs TGED.TO

Often Compared With TBNK.TO

Investors most often compare TBNK.TO with SPY, RY, HMAX.TO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	TBNK.TO vs SPY
RY	Royal Bank of Canada		95	13.65%	—	—	TBNK.TO vs RY
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	91	11.17%	2.34B	Jan 2023	TBNK.TO vs HMAX.TO
RY.TO	Royal Bank of Canada		97	15.19%	—	—	TBNK.TO vs RY.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	TBNK.TO vs ZEB.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	96	23.54%	959.30M	Oct 2020	TBNK.TO vs HCAL.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	77	10.48%	15.96B	Aug 2013	TBNK.TO vs VCN.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	TBNK.TO vs XIC.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	96	19.94%	454.41M	Oct 2017	TBNK.TO vs RBNK.TO
TECI.TO	TD Global Technology Innovators Index ETF	Technology Equities	87	47.65%	—	Nov 2021	TBNK.TO vs TECI.TO
NA.TO	National Bank of Canada		95	16.68%	—	—	TBNK.TO vs NA.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	Short-Term Bond	57	1.32%	790.22M	Nov 2018	TBNK.TO vs TCSB.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	38	5.02%	140.46M	Jan 2022	TBNK.TO vs EBNK.TO
TINF.TO	TD Active Global Infrastructure Equity ETF	Global Equities	45	9.87%	398.63M	May 2020	TBNK.TO vs TINF.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	81	14.31%	—	Nov 2020	TBNK.TO vs CDIV.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	96	19.02%	1.02B	—	TBNK.TO vs PDC.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	53	10.75%	—	Nov 2022	TBNK.TO vs IDIV-B.TO
TCON.TO	TD Conservative ETF Portfolio	Diversified Portfolio	63	5.47%	—	Aug 2020	TBNK.TO vs TCON.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	59	8.57%	2.46B	Aug 2013	TBNK.TO vs VGG.TO
TQGD.TO	TD Q Global Dividend ETF	Global Equity Income	85	13.16%	789.42M	Nov 2019	TBNK.TO vs TQGD.TO

Compare TBNK.TO with Any Fund or Stock

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

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Diversifiers

Pair TBNK.TO with funds that move differently

TD Canadian Bank Dividend Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TBNK.TO.

Explore TBNK.TO Diversifiers

TD Canadian Bank Dividend Index ETF (TBNK.TO) Alternatives