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%	5.54B	Jun 2017	TBNK.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	294.27M	Jun 2017	TBNK.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.63M	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 97. 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	5.54B	Jun 2017	TBNK.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	95	376.10M	Sep 2018	TBNK.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	92	—	Jan 2025	TBNK.TO vs CWIN.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	87	223.90M	Jan 2018	TBNK.TO vs PDIV.TO

Top Performing TBNK.TO Alternatives (YTD)

TBNK.TO is at 30.50% YTD. No ETFs in the Dividend category have higher YTD returns; the top-performing alternatives shown here go as high as 27.23%.

Symbol	Name	YTD Return	AUM	Inception
DXU.TO	Dynamic Active U.S. Dividend ETF	27.23%	82.94M	Sep 2024	TBNK.TO vs DXU.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	24.99%	7.99B	Nov 2012	TBNK.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	21.65%	5.54B	Jun 2017	TBNK.TO vs XDIV.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	19.66%	—	Jan 2025	TBNK.TO vs CWIN.TO
ZDY.TO	BMO US Dividend ETF (CAD)	18.94%	901.36M	Mar 2013	TBNK.TO vs ZDY.TO

Lowest Volatility Alternatives to TBNK.TO

TBNK.TO has 12.84% 1-year volatility. There are 12 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.91%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.91%	223.90M	Jan 2018	TBNK.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.08%	—	Mar 2026	TBNK.TO vs VUDV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.32%	7.99B	Nov 2012	TBNK.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	8.41%	5.54B	Jun 2017	TBNK.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.49%	376.10M	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 9 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.44%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.44%	5.54B	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	-5.27%	223.90M	Jan 2018	TBNK.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	376.10M	Sep 2018	TBNK.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.63M	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	47	13.45%	4.93B	May 2019	TBNK.TO vs TEC.TO
TGRO.TO	TD Growth ETF Portfolio	Diversified Portfolio	79	10.42%	—	Aug 2020	TBNK.TO vs TGRO.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	71	12.18%	5.97B	Mar 2016	TBNK.TO vs TPU.TO
TTP.TO	TD Canadian Equity Index ETF	Canada Equities	81	11.16%	6.22B	Mar 2016	TBNK.TO vs TTP.TO
TEQT.TO	TD All-Equity ETF Portfolio	Global Equities	82	11.89%	—	Apr 2025	TBNK.TO vs TEQT.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	93	15.59%	3.17B	Nov 2019	TBNK.TO vs TQCD.TO
TCSH.TO	TD Cash Management ETF	Canadian Government Bonds	99	0.97%	—	Feb 2024	TBNK.TO vs TCSH.TO
TBAL.TO	TD Balanced ETF Portfolio	Global Allocation	74	7.79%	—	Aug 2020	TBNK.TO vs TBAL.TO
TPE.TO	TD International Equity Index ETF	International Equity	53	12.08%	5.41B	Mar 2016	TBNK.TO vs TPE.TO
TGED.TO	TD Active Global Enhanced Dividend ETF	Global Equity Income	65	22.84%	1.80B	Mar 2022	TBNK.TO vs TGED.TO

Often Compared With TBNK.TO

Investors most often compare TBNK.TO with SPY, ZEB.TO, RY. These 20 comparison targets span 13 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	59	8.15%	765.27B	Jan 1993	TBNK.TO vs SPY
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.69%	6.15B	Oct 2009	TBNK.TO vs ZEB.TO
RY	Royal Bank of Canada		97	20.70%	—	—	TBNK.TO vs RY
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	95	17.83%	2.47B	Jan 2023	TBNK.TO vs HMAX.TO
RY.TO	Royal Bank of Canada		98	24.98%	—	—	TBNK.TO vs RY.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	38.28%	1.06B	Oct 2020	TBNK.TO vs HCAL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	97	31.29%	485.97M	Oct 2017	TBNK.TO vs RBNK.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	81	10.99%	15.96B	Aug 2013	TBNK.TO vs VCN.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	TBNK.TO vs XIC.TO
NA.TO	National Bank of Canada		98	30.87%	—	—	TBNK.TO vs NA.TO
TECI.TO	TD Global Technology Innovators Index ETF	Technology Equities	85	47.12%	—	Nov 2021	TBNK.TO vs TECI.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	Short-Term Bond	59	1.39%	829.75M	Nov 2018	TBNK.TO vs TCSB.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	58	11.40%	146.10M	Jan 2022	TBNK.TO vs EBNK.TO
TINF.TO	TD Active Global Infrastructure Equity ETF	Global Equities	66	14.75%	427.93M	May 2020	TBNK.TO vs TINF.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	49	15.16%	—	Nov 2020	TBNK.TO vs CDIV.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	56	16.22%	—	Nov 2022	TBNK.TO vs IDIV-B.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	97	22.51%	1.02B	—	TBNK.TO vs PDC.TO
TCON.TO	TD Conservative ETF Portfolio	Diversified Portfolio	67	5.71%	—	Aug 2020	TBNK.TO vs TCON.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	70	10.93%	2.46B	Aug 2013	TBNK.TO vs VGG.TO
TQGD.TO	TD Q Global Dividend ETF	Global Equity Income	89	13.87%	818.54M	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