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TD Conservative ETF Portfolio (TCON.TO) Alternatives

ETF · Currency in CAD · Last updated Aug 4, 2026

A one-ticket conservative portfolio that actively allocates primarily to fixed income with a smaller global equity allocation through TD ETFs.

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

Cheapest Alternatives to TCON.TO

TCON.TO charges 0.17% annually. There is 1 ETF in the Diversified Portfolio category with a lower expense ratio, going as low as 0.15%.

SymbolNameExpense RatioAUMInception
ZCON.TO
BMO Conservative ETF0.15%111.28MFeb 2019TCON.TO vs ZCON.TO
TGRO.TO
TD Growth ETF Portfolio0.17%—Aug 2020TCON.TO vs TGRO.TO
ZMI.TO
BMO Monthly Income ETF0.18%249.66MJan 2011TCON.TO vs ZMI.TO
MGRW.TO
Mackenzie Growth Allocation ETF0.18%—Sep 2020TCON.TO vs MGRW.TO
ZESG.TO
BMO Balanced ESG ETF0.18%104.22MJan 2020TCON.TO vs ZESG.TO

Best Risk-Adjusted Alternatives to TCON.TO

TCON.TO has a PortfoliosLab risk / return rank of 68. There are 19 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 97.

SymbolNameRisk / Return RankAUMInception
PINC.TO
Purpose Multi-Asset Income Fund
97
108.20MApr 2018TCON.TO vs PINC.TO
PRA.TO
Purpose Diversified Real Asset Fund
95
344.90MSep 2013TCON.TO vs PRA.TO
GRO.TO
Franklin Growth ETF Portfolio
93
—Feb 2019TCON.TO vs GRO.TO
RIRA.TO
Russell Investments Real Assets
93
6.96MJan 2020TCON.TO vs RIRA.TO
CEQT.TO
CI Equity Asset Allocation ETF
91
—May 2023TCON.TO vs CEQT.TO

Top Performing TCON.TO Alternatives (YTD)

TCON.TO is at 5.41% YTD. There are 27 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 24.59%.

SymbolNameYTD ReturnAUMInception
PRA.TO
Purpose Diversified Real Asset Fund
24.59%
344.90MSep 2013TCON.TO vs PRA.TO
PINC.TO
Purpose Multi-Asset Income Fund
17.29%
108.20MApr 2018TCON.TO vs PINC.TO
RIRA.TO
Russell Investments Real Assets
16.48%
6.96MJan 2020TCON.TO vs RIRA.TO
CEQT.TO
CI Equity Asset Allocation ETF
13.51%
—May 2023TCON.TO vs CEQT.TO
EGIF.TO
Exemplar Growth and Income Fund
13.42%
2.43MJun 2018TCON.TO vs EGIF.TO

Lowest Volatility Alternatives to TCON.TO

TCON.TO has 6.70% 1-year volatility. There are 9 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.49%.

SymbolNameVolatility 1YAUMInception
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF0.49%—Jun 2021TCON.TO vs CSBG.NEO
PYF.TO
Purpose Premium Yield Fund Series ETF3.28%682.20MNov 2018TCON.TO vs PYF.TO
VCIP.TO
Vanguard Conservative Income ETF Portfolio4.88%257.87MJan 2019TCON.TO vs VCIP.TO
XINC.TO
iShares Core Income Balanced ETF Portfolio5.06%126.54MAug 2019TCON.TO vs XINC.TO
VRIF.TO
Vanguard Retirement Income ETF Portfolio5.72%363.73MSep 2020TCON.TO vs VRIF.TO

Lowest Drawdown Alternatives to TCON.TO

TCON.TO has a 1-year max drawdown of -5.06%. There are 14 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as 0.00%.

SymbolNameMax Drawdown 1YAUMInception
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF
0.00%
—Jun 2021TCON.TO vs CSBG.NEO
PYF.TO
Purpose Premium Yield Fund Series ETF
-2.11%
682.20MNov 2018TCON.TO vs PYF.TO
PINC.TO
Purpose Multi-Asset Income Fund
-3.59%
108.20MApr 2018TCON.TO vs PINC.TO
XINC.TO
iShares Core Income Balanced ETF Portfolio
-3.65%
126.54MAug 2019TCON.TO vs XINC.TO
VCIP.TO
Vanguard Conservative Income ETF Portfolio
-3.80%
257.87MJan 2019TCON.TO vs VCIP.TO

Other ETFs from TD

The 10 most viewed TD ETFs shown here include TEC.TO, TPU.TO, TTP.TO and span 8 categories. AUM among these funds goes as high as $6B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
39
11.98%
4.92BMay 2019TCON.TO vs TEC.TO
TPU.TO
TD U.S. Equity Index ETFLarge Cap Blend Equities
67
12.34%
6.05BMar 2016TCON.TO vs TPU.TO
TTP.TO
TD Canadian Equity Index ETFCanada Equities
90
12.49%
6.23BMar 2016TCON.TO vs TTP.TO
TEQT.TO
TD All-Equity ETF PortfolioGlobal Equities
85
12.92%
—Apr 2025TCON.TO vs TEQT.TO
TQCD.TO
TD Q Canadian Dividend ETFCanada Equities
96
19.12%
3.46BNov 2019TCON.TO vs TQCD.TO
TCSH.TO
TD Cash Management ETFUltrashort Bond
99
1.27%
—Feb 2024TCON.TO vs TCSH.TO
TBAL.TO
TD Balanced ETF PortfolioGlobal Allocation
80
7.83%
—Aug 2020TCON.TO vs TBAL.TO
TPE.TO
TD International Equity Index ETFForeign Large Cap Equities
71
14.19%
5.62BMar 2016TCON.TO vs TPE.TO
TBNK.TO
TD Canadian Bank Dividend Index ETFDividend
98
33.22%
300.34MApr 2023TCON.TO vs TBNK.TO
TECI.TO
TD Global Technology Innovators Index ETFTechnology Equities
68
33.90%
—Nov 2021TCON.TO vs TECI.TO

Often Compared With TCON.TO

Investors most often compare TCON.TO with HBAL.TO, FCNSX, XTR.TO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
HBAL.TO
Global X Balanced Asset Allocation ETFDiversified Portfolio
77
7.78%
183.72MAug 2018TCON.TO vs HBAL.TO
FCNSX
Fidelity Series Canada FundForeign Large Cap Equities
73
10.94%
—Aug 2017TCON.TO vs FCNSX
XTR.TO
iShares Diversified Monthly Income ETFDiversified Portfolio
74
8.81%
374.43MDec 2005TCON.TO vs XTR.TO
MIX.TO
Hamilton Enhanced Mixed Asset ETFDiversified Portfolio
47
4.04%
—Apr 2025TCON.TO vs MIX.TO
FBAL.NEO
Fidelity All-in-One Balanced ETFDiversified Portfolio
74
8.00%
9.78BJan 2021TCON.TO vs FBAL.NEO
TQGD.TO
TD Q Global Dividend ETFGlobal Equity Income
92
17.07%
873.23MNov 2019TCON.TO vs TQGD.TO
GCNS.TO
iShares ESG Conservative Balanced ETF PortfolioDiversified Portfolio
48
6.49%
84.85MSep 2020TCON.TO vs GCNS.TO
VCNS.TO
Vanguard Conservative ETF PortfolioDiversified Portfolio
56
5.22%
932.14MJan 2018TCON.TO vs VCNS.TO
VBAL.TO
Vanguard Balanced ETF PortfolioDiversified Portfolio
72
7.88%
5.67BJan 2018TCON.TO vs VBAL.TO
TGED.TO
TD Active Global Enhanced Dividend ETFGlobal Equity Income
36
13.40%
1.76BMar 2022TCON.TO vs TGED.TO
FGRO.NEO
Fidelity All-in-One Growth ETFDiversified Portfolio
78
10.85%
5.13BJan 2021TCON.TO vs FGRO.NEO
VGRO.TO
Vanguard Growth ETF PortfolioDiversified Portfolio
84
10.56%
10.51BJan 2018TCON.TO vs VGRO.TO
XBAL.TO
iShares Core Balanced ETF PortfolioDiversified Portfolio
67
8.11%
3.37BJun 2007TCON.TO vs XBAL.TO
XCNS.TO
iShares Core Conservative Balanced ETF PortfolioDiversified Portfolio
69
5.51%
419.44MAug 2019TCON.TO vs XCNS.TO
GGRO.TO
iShares ESG Growth ETF PortfolioDiversified Portfolio
59
12.10%
264.89MSep 2020TCON.TO vs GGRO.TO
XGRO.TO
iShares Core Growth ETF PortfolioDiversified Portfolio
74
10.78%
5.04BJun 2007TCON.TO vs XGRO.TO
FEQT.NEO
Fidelity All-in-One Equity ETF FundDiversified Portfolio
82
12.93%
—Jan 2022TCON.TO vs FEQT.NEO
FCNS.NEO
Fidelity All-in-One Conservative ETFDiversified Portfolio
62
5.36%
2.29BJan 2022TCON.TO vs FCNS.NEO
HBIE.TO
Harvest Balanced Income & Growth Enhanced ETFDiversified Portfolio, Derivative Income, Options Trading, Actively Managed
63
6.03%
13.09MApr 2024TCON.TO vs HBIE.TO
ZGRO.TO
BMO Growth ETFGlobal Allocation, Diversified Portfolio
76
10.79%
779.02MFeb 2019TCON.TO vs ZGRO.TO

Compare TCON.TO with Any Fund or Stock

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

 

Diversifiers

Pair TCON.TO with funds that move differently

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

Explore TCON.TO Diversifiers