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 6 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%	5.78B	Jun 2017	TBNK.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	293.50M	Jun 2017	TBNK.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	103.60M	Jun 2017	TBNK.TO vs XDUH.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.22%	8.59B	Nov 2012	TBNK.TO vs VDY.TO

Best Risk-Adjusted Alternatives to TBNK.TO

TBNK.TO has a PortfoliosLab risk / return rank of 98. There are 2 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	5.78B	Jun 2017	TBNK.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	96	378.40M	Sep 2018	TBNK.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	95	—	Jan 2025	TBNK.TO vs CWIN.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	92	229.70M	Jan 2018	TBNK.TO vs PDIV.TO

Top Performing TBNK.TO Alternatives (YTD)

TBNK.TO is at 33.87% YTD. No ETFs in the Dividend category have higher YTD returns; the top-performing alternatives shown here go as high as 27.73%.

Symbol	Name	YTD Return	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	27.73%	8.59B	Nov 2012	TBNK.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	25.10%	5.78B	Jun 2017	TBNK.TO vs XDIV.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	24.06%	82.94M	Sep 2024	TBNK.TO vs DXU.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	21.63%	—	Jan 2025	TBNK.TO vs CWIN.TO
ZDY.TO	BMO US Dividend ETF (CAD)	18.97%	903.91M	Mar 2013	TBNK.TO vs ZDY.TO

Lowest Volatility Alternatives to TBNK.TO

TBNK.TO has 13.31% 1-year volatility. There are 18 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.89%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.89%	229.70M	Jan 2018	TBNK.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.83%	—	Mar 2026	TBNK.TO vs VUDV.TO
ZZZD.TO	BMO Tactical Dividend ETF Fund	8.48%	25.02M	Jan 2019	TBNK.TO vs ZZZD.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.51%	8.59B	Nov 2012	TBNK.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	8.51%	5.78B	Jun 2017	TBNK.TO vs XDIV.TO

Lowest Drawdown Alternatives to TBNK.TO

TBNK.TO has a 1-year max drawdown of -8.25%. There are 11 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%	25.02M	Jan 2019	TBNK.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	5.78B	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
PDIV.TO	Purpose Enhanced Dividend Fund ETF	-5.27%	229.70M	Jan 2018	TBNK.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	378.40M	Sep 2018	TBNK.TO vs FCCD.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	50	14.88%	5.05B	May 2019	TBNK.TO vs TEC.TO
TGRO.TO	TD Growth ETF Portfolio	Diversified Portfolio	86	11.41%	—	Aug 2020	TBNK.TO vs TGRO.TO
TPU.TO	TD U.S. Equity Index ETF	Large Cap Blend Equities	78	13.99%	6.18B	Mar 2016	TBNK.TO vs TPU.TO
TTP.TO	TD Canadian Equity Index ETF	Canada Equities	89	12.49%	6.31B	Mar 2016	TBNK.TO vs TTP.TO
TEQT.TO	TD All-Equity ETF Portfolio	Global Equities	87	13.37%	—	Apr 2025	TBNK.TO vs TEQT.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	95	17.34%	3.33B	Nov 2019	TBNK.TO vs TQCD.TO
TCSH.TO	TD Cash Management ETF	Ultrashort Bond	99	1.13%	—	Feb 2024	TBNK.TO vs TCSH.TO
TBAL.TO	TD Balanced ETF Portfolio	Global Allocation	82	8.12%	—	Aug 2020	TBNK.TO vs TBAL.TO
TPE.TO	TD International Equity Index ETF	International Equity	60	12.67%	5.50B	Mar 2016	TBNK.TO vs TPE.TO
TECI.TO	TD Global Technology Innovators Index ETF	Technology Equities	84	41.35%	—	Nov 2021	TBNK.TO vs TECI.TO

Often Compared With TBNK.TO

Investors most often compare TBNK.TO with SPY, ZEB.TO, RY. 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	66	10.45%	783.21B	Jan 1993	TBNK.TO vs SPY
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.86%	7.20B	Oct 2009	TBNK.TO vs ZEB.TO
RY	Royal Bank of Canada		98	25.31%	—	—	TBNK.TO vs RY
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	97	34.39%	508.88M	Oct 2017	TBNK.TO vs RBNK.TO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	19.85%	2.53B	Jan 2023	TBNK.TO vs HMAX.TO
RY.TO	Royal Bank of Canada		99	29.08%	—	—	TBNK.TO vs RY.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	42.24%	1.09B	Oct 2020	TBNK.TO vs HCAL.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	89	12.26%	16.37B	Aug 2013	TBNK.TO vs VCN.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.55%	31.16B	Feb 2001	TBNK.TO vs XIC.TO
NA.TO	National Bank of Canada		98	34.01%	—	—	TBNK.TO vs NA.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	Short-Term Bond	70	1.36%	861.86M	Nov 2018	TBNK.TO vs TCSB.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	65	13.11%	147.56M	Jan 2022	TBNK.TO vs EBNK.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	54	16.15%	—	Nov 2020	TBNK.TO vs CDIV.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	53	14.91%	—	Nov 2022	TBNK.TO vs IDIV-B.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	98	24.43%	1.05B	—	TBNK.TO vs PDC.TO
TINF.TO	TD Active Global Infrastructure Equity ETF	Global Equities	75	15.17%	445.19M	May 2020	TBNK.TO vs TINF.TO
TCON.TO	TD Conservative ETF Portfolio	Diversified Portfolio	75	5.75%	—	Aug 2020	TBNK.TO vs TCON.TO
TGED.TO	TD Active Global Enhanced Dividend ETF	Global Equity Income	54	18.31%	1.85B	Mar 2022	TBNK.TO vs TGED.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	79	12.40%	2.57B	Aug 2013	TBNK.TO vs VGG.TO
TQGD.TO	TD Q Global Dividend ETF	Global Equity Income	92	16.41%	858.35M	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.

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