- Issuer
- TD
- Inception Date
- Nov 20, 2019
- Category
- REIT
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Real Estate
Share Price Chart
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Performance
TGRE.TO Performance Chart
TD Active Global Real Estate Equity ETF (TGRE.TO) is up 11.8% since the beginning of the year. TGRE.TO is currently trading at CA$16 per share. Investors who bought CA$1,000 worth of TGRE.TO shares 5 years ago would now be looking at an investment worth CA$1,135.
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Returns By Period
TD Active Global Real Estate Equity ETF (TGRE.TO) has returned 11.82% so far this year and 13.18% over the past 12 months.
TD Active Global Real Estate Equity ETF
- 1D
- 0.51%
- 1M
- 0.97%
- 6M
- 7.74%
- YTD
- 11.82%
- 1Y
- 13.18%
- 3Y*
- 10.96%
- 5Y*
- 2.56%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.31%
- 1M
- 0.87%
- 6M
- 10.62%
- YTD
- 13.50%
- 1Y
- 24.35%
- 3Y*
- 21.67%
- 5Y*
- 14.33%
- 10Y*
- 14.32%
TGRE.TO Monthly Returns History
Based on dividend-adjusted daily data since Nov 20, 2019, TGRE.TO's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.
Historically, 58% of months were positive and 42% were negative. The best month was Nov 2023 with a return of +9.8%, while the worst month was Mar 2020 at -10.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, TGRE.TO closed higher 45% of trading days. The best single day was Mar 26, 2020 with a return of +8.4%, while the worst single day was Mar 12, 2020 at -8.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.72% | 7.03% | -6.04% | 5.97% | -1.53% | 3.54% | 0.19% | 11.82% | |||||
| 2025 | 2.20% | 2.29% | -2.96% | -3.85% | 1.60% | -0.04% | 1.85% | 1.63% | 1.21% | -1.03% | 1.62% | -3.81% | 0.39% |
| 2024 | -2.69% | 2.73% | 2.96% | -5.69% | 2.93% | 0.86% | 9.51% | 1.86% | 3.49% | -0.67% | 4.53% | -5.00% | 14.77% |
| 2023 | 7.34% | -1.83% | -4.21% | 2.37% | -4.48% | 1.46% | 2.41% | 0.06% | -7.60% | -1.74% | 9.81% | 6.24% | 8.69% |
| 2022 | -8.39% | -3.07% | 2.21% | -4.28% | -6.95% | -6.27% | 6.88% | -4.34% | -10.26% | 1.91% | 6.71% | -3.87% | -27.34% |
| 2021 | 0.20% | -0.34% | 3.30% | 3.92% | -0.06% | 5.80% | 5.37% | 3.18% | -4.94% | 4.02% | 2.30% | 6.43% | 32.66% |
Benchmark Metrics
TD Active Global Real Estate Equity ETF has an annualized alpha of -1.22%, beta of 0.40, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since November 20, 2019.
- This ETF participated in 106.86% of S&P 500 Index downside but only 65.20% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.40 may look defensive, but with R2 of 0.24 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 0.24 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.
- Alpha
- -1.22%
- Beta
- 0.40
- R²
- 0.24
- Upside Capture
- 65.20%
- Downside Capture
- 106.86%
Return for Risk
Risk / Return Rank
TGRE.TO ranks 32 for risk / return — below 32% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for TD Active Global Real Estate Equity ETF (TGRE.TO) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TGRE.TO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.33 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.67 | -1.09 |
| Martin ratioReturn relative to average drawdown | 4.13 | 9.87 | -5.74 |
Dividends
Dividend History
TD Active Global Real Estate Equity ETF provided a 4.78% dividend yield over the last twelve months, with an annual payout of CA$0.76 per share. The fund has been increasing its distributions for 6 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.76 | CA$0.76 | CA$0.68 | CA$0.68 | CA$0.67 | CA$0.37 | CA$0.30 | CA$0.03 |
Dividend yield | 4.78% | 5.21% | 4.50% | 4.93% | 5.00% | 1.92% | 2.04% | 0.17% |
Monthly Dividends
The table displays the monthly dividend distributions for TD Active Global Real Estate Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.00 | CA$0.38 | |||||
| 2025 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.76 |
| 2024 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.68 |
| 2023 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.68 |
| 2022 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.67 |
| 2021 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.37 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the TD Active Global Real Estate Equity 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 Active Global Real Estate Equity ETF was 33.49%, occurring on Oct 25, 2023. Recovery took 623 trading sessions.
The current TD Active Global Real Estate Equity ETF drawdown is 1.17%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-33.49%Oct 2023 | 1y 9mo | 2y 5mo | 4y 3moDec 2021 - Apr 2026 | — |
-32.39%Mar 2020 | 1mo 3d | 1y 24d | 1y 1moFeb 2020 - Apr 2021 | COVID crash2020 |
-6.47%Oct 2021 | 1mo 6d | 1mo 4d | 2mo 10dSep 2021 - Nov 2021 | — |
-5.38%May 2021 | 21d | 22d | 1mo 13dApr 2021 - Jun 2021 | — |
-3.93%Dec 2021 | 5d | 12d | 17dNov 2021 - Dec 2021 | — |
Drawdown Indicators
| TGRE.TO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -48.87% | +15.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -9.17% | +0.77% |
Max Drawdown (3Y)Largest decline over 3 years | -12.62% | -19.59% | +6.97% |
Max Drawdown (5Y)Largest decline over 5 years | -33.49% | -23.14% | -10.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.97% | — |
Current DrawdownCurrent decline from peak | -1.17% | -0.82% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -12.77% | -9.63% | -3.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 2.47% | +0.73% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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