TD Select Short Term Corporate Bond Ladder ETF (TCSB.TO)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of CA$10,000 in TD Select Short Term Corporate Bond Ladder ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

TD Select Short Term Corporate Bond Ladder ETF (TCSB.TO) has returned 0.10% so far this year and 3.58% over the past 12 months.

Based on dividend-adjusted daily data since Nov 14, 2018, TCSB.TO's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, your investment would double in approximately 20.7 years.

Historically, 72% of months were positive and 28% were negative. The best month was Apr 2020 with a return of +4.0%, while the worst month was Mar 2020 at -5.8%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.

On a daily basis, TCSB.TO closed higher 41% of trading days. The best single day was Mar 26, 2020 with a return of +4.9%, while the worst single day was Mar 24, 2020 at -7.9%.

TD Select Short Term Corporate Bond Ladder ETF has an annualized alpha of 4.00%, beta of -0.02, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 15, 2018.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (16.69%) than losses (12.38%) — typical of diversified or defensive assets.
• Beta of -0.02 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

TCSB.TO has an expense ratio of 0.28%, placing it in the medium range.

TCSB.TO ranks 82 for risk / return — in the top 82% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for TD Select Short Term Corporate Bond Ladder ETF (TCSB.TO) and compare them to a chosen benchmark (S&P 500 Index).

TD Select Short Term Corporate Bond Ladder ETF provided a 3.68% dividend yield over the last twelve months, with an annual payout of CA$0.54 per share.

The table displays the monthly dividend distributions for TD Select Short Term Corporate Bond Ladder ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the TD Select Short Term Corporate Bond Ladder ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the TD Select Short Term Corporate Bond Ladder ETF was 14.90%, occurring on Mar 24, 2020. Recovery took 81 trading sessions.

The current TD Select Short Term Corporate Bond Ladder ETF drawdown is 0.94%.

The chart below shows the rolling one-month volatility.