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 9 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%	6.16B	Jun 2017	TBNK.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	0.15%	57.60M	Mar 2024	TBNK.TO vs FLVC.NEO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	134.45M	Jun 2017	TBNK.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	335.28M	Jun 2017	TBNK.TO vs XDU.TO

Best Risk-Adjusted Alternatives to TBNK.TO

TBNK.TO has a PortfoliosLab risk / return rank of 98. There are 5 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	99	8.59B	Nov 2012	TBNK.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	6.16B	Jun 2017	TBNK.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	98	57.60M	Mar 2024	TBNK.TO vs FLVC.NEO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	TBNK.TO vs CLSA.TO
PDC.TO	Invesco Canadian Dividend Index ETF	98	1.05B	Apr 2011	TBNK.TO vs PDC.TO

Top Performing TBNK.TO Alternatives (YTD)

TBNK.TO is at 33.22% YTD. There is 1 ETF in the Dividend category with a higher YTD return, going as high as 38.64%.

Symbol	Name	YTD Return	AUM	Inception
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	38.64%	—	Mar 2025	TBNK.TO vs CLSA.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	29.20%	6.16B	Jun 2017	TBNK.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	28.99%	8.59B	Nov 2012	TBNK.TO vs VDY.TO
PDC.TO	Invesco Canadian Dividend Index ETF	25.42%	1.05B	Apr 2011	TBNK.TO vs PDC.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	21.87%	—	Jan 2025	TBNK.TO vs CWIN.TO

Lowest Volatility Alternatives to TBNK.TO

TBNK.TO has 14.18% 1-year volatility. There are 37 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
PINC.TO	Purpose Multi-Asset Income Fund	6.37%	108.20M	Apr 2018	TBNK.TO vs PINC.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	7.03%	235.10M	Jan 2018	TBNK.TO vs PDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	7.91%	57.60M	Mar 2024	TBNK.TO vs FLVC.NEO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.21%	—	Mar 2026	TBNK.TO vs VUDV.TO
PDF.TO	Purpose Core Dividend Fund	8.46%	475.00M	Sep 2013	TBNK.TO vs PDF.TO

Lowest Drawdown Alternatives to TBNK.TO

TBNK.TO has a 1-year max drawdown of -8.25%. There are 22 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.72%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZZZD.TO	BMO Tactical Dividend ETF Fund	-2.72%	25.18M	Jan 2019	TBNK.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	6.16B	Jun 2017	TBNK.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	8.59B	Nov 2012	TBNK.TO vs VDY.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	-3.21%	57.60M	Mar 2024	TBNK.TO vs FLVC.NEO
PINC.TO	Purpose Multi-Asset Income Fund	-3.59%	108.20M	Apr 2018	TBNK.TO vs PINC.TO

Other ETFs from TD

The 10 most viewed TD ETFs shown here include TEC.TO, TGRO.TO, TPU.TO and span 8 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	40	11.98%	4.92B	May 2019	TBNK.TO vs TEC.TO
TGRO.TO	TD Growth ETF Portfolio	Diversified Portfolio	86	11.07%	—	Aug 2020	TBNK.TO vs TGRO.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	69	12.34%	6.05B	Mar 2016	TBNK.TO vs TPU.TO
TTP.TO	TD Canadian Equity Index ETF	Canada Equities	90	12.49%	6.23B	Mar 2016	TBNK.TO vs TTP.TO
TEQT.TO	TD All-Equity ETF Portfolio	Global Equities	86	12.92%	—	Apr 2025	TBNK.TO vs TEQT.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	96	19.12%	3.46B	Nov 2019	TBNK.TO vs TQCD.TO
TCSH.TO	TD Cash Management ETF	Ultrashort Bond	99	1.27%	—	Feb 2024	TBNK.TO vs TCSH.TO
TBAL.TO	TD Balanced ETF Portfolio	Global Allocation	82	7.83%	—	Aug 2020	TBNK.TO vs TBAL.TO
TPE.TO	TD International Equity Index ETF	Foreign Large Cap Equities	73	14.19%	5.62B	Mar 2016	TBNK.TO vs TPE.TO
TECI.TO	TD Global Technology Innovators Index ETF	Technology Equities	72	33.90%	—	Nov 2021	TBNK.TO vs TECI.TO

Often Compared With TBNK.TO

Investors most often compare TBNK.TO with SPY, ZEB.TO, RBNK.TO. These 20 comparison targets span 14 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	67	10.13%	789.06B	Jan 1993	TBNK.TO vs SPY
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.90%	7.10B	Oct 2009	TBNK.TO vs ZEB.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	98	33.54%	518.88M	Oct 2017	TBNK.TO vs RBNK.TO
RY	Royal Bank of Canada		98	25.36%	—	—	TBNK.TO vs RY
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	97	19.57%	2.58B	Jan 2023	TBNK.TO vs HMAX.TO
RY.TO	Royal Bank of Canada		99	27.91%	—	—	TBNK.TO vs RY.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	41.03%	1.09B	Oct 2020	TBNK.TO vs HCAL.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.55%	31.79B	Feb 2001	TBNK.TO vs XIC.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	90	12.26%	16.37B	Aug 2013	TBNK.TO vs VCN.TO
NA.TO	National Bank of Canada		98	33.08%	—	—	TBNK.TO vs NA.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	Dividend	52	20.02%	82.94M	Sep 2024	TBNK.TO vs DXU.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	Short-Term Bond	69	1.39%	882.47M	Nov 2018	TBNK.TO vs TCSB.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	72	16.96%	160.28M	Jan 2022	TBNK.TO vs EBNK.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	71	18.19%	—	Nov 2022	TBNK.TO vs IDIV-B.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	62	17.78%	—	Nov 2020	TBNK.TO vs CDIV.TO
TINF.TO	TD Active Global Infrastructure Equity ETF	Infrastructure Equities, Global Equities	67	12.84%	457.39M	May 2020	TBNK.TO vs TINF.TO
TGED.TO	TD Active Global Enhanced Dividend ETF	Global Equity Income	37	13.40%	1.76B	Mar 2022	TBNK.TO vs TGED.TO
TCON.TO	TD Conservative ETF Portfolio	Diversified Portfolio	74	5.41%	—	Aug 2020	TBNK.TO vs TCON.TO
TDB.TO	TD Canadian Aggregate Bond Index ETF	Canadian Government Bonds	23	0.42%	4.08B	Mar 2016	TBNK.TO vs TDB.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	79	11.79%	2.57B	Aug 2013	TBNK.TO vs VGG.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.

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