TD Canadian Aggregate Bond Index ETF (TDB.TO)

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The chart shows the growth of an initial investment of CA$10,000 in TD Canadian Aggregate Bond Index 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 Canadian Aggregate Bond Index ETF (TDB.TO) has returned 0.19% so far this year and 0.66% over the past 12 months. Over the last ten years, TDB.TO has returned 1.60% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.

Based on dividend-adjusted daily data since Mar 30, 2016, TDB.TO's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, your investment would double in approximately 41.3 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2023 with a return of +4.2%, while the worst month was Apr 2022 at -3.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, TDB.TO closed higher 44% of trading days. The best single day was Mar 19, 2020 with a return of +4.6%, while the worst single day was Mar 16, 2020 at -6.5%.

TD Canadian Aggregate Bond Index ETF has an annualized alpha of 0.82%, beta of 0.07, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since March 31, 2016.

• This ETF participated in 19.82% of S&P 500 Index downside but only 13.20% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.07 may look defensive, but with R² of 0.03 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 0.03 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.

TDB.TO has an expense ratio of 0.08%, which is considered low.

TDB.TO ranks 15 for risk / return — in the bottom 15% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for TD Canadian Aggregate Bond Index ETF (TDB.TO) and compare them to a chosen benchmark (S&P 500 Index).

TD Canadian Aggregate Bond Index ETF provided a 3.62% dividend yield over the last twelve months, with an annual payout of CA$0.47 per share.

The table displays the monthly dividend distributions for TD Canadian Aggregate Bond Index 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 Canadian Aggregate Bond Index 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 Canadian Aggregate Bond Index ETF was 17.29%, occurring on Oct 21, 2022. The portfolio has not yet recovered.

The current TD Canadian Aggregate Bond Index ETF drawdown is 2.23%.

The chart below shows the rolling one-month volatility.