- Issuer
- TD
- Inception Date
- Nov 19, 2019
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
TUHY.TO Performance Chart
TD Active U.S. High Yield Bond ETF (TUHY.TO) is up 0.5% since the beginning of the year. TUHY.TO is currently trading at CA$20 per share. Investors who bought CA$1,000 worth of TUHY.TO shares 5 years ago would now be looking at an investment worth CA$1,128.
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Returns By Period
TD Active U.S. High Yield Bond ETF (TUHY.TO) has returned 0.50% so far this year and 3.69% over the past 12 months.
TD Active U.S. High Yield Bond ETF
- 1D
- 0.20%
- 1M
- 0.20%
- 6M
- 0.22%
- YTD
- 0.50%
- 1Y
- 3.69%
- 3Y*
- 5.92%
- 5Y*
- 2.44%
- 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%
TUHY.TO Monthly Returns History
Based on dividend-adjusted daily data since Nov 19, 2019, TUHY.TO's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Mar 2020 at -12.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.
On a daily basis, TUHY.TO closed higher 37% of trading days. The best single day was Jul 25, 2022 with a return of +5.3%, while the worst single day was Mar 19, 2020 at -8.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.19% | -0.10% | -1.93% | 1.39% | 0.30% | 0.54% | 0.15% | 0.50% | |||||
| 2025 | 0.70% | 0.84% | -1.22% | 0.12% | 1.34% | 1.77% | 0.12% | 0.74% | 0.79% | -0.02% | 0.07% | 0.99% | 6.40% |
| 2024 | -0.02% | 0.17% | 1.13% | -1.12% | 1.10% | 0.80% | 1.76% | 1.36% | 0.92% | -1.34% | 0.94% | -0.07% | 5.72% |
| 2023 | 1.44% | -1.82% | 3.01% | 1.34% | -1.61% | 1.26% | 0.81% | -0.12% | -1.74% | -0.83% | 4.41% | 3.66% | 9.99% |
| 2022 | -2.77% | -1.57% | -0.68% | -2.85% | 0.26% | -2.72% | -0.02% | -1.64% | -0.02% | -0.45% | 1.73% | -0.61% | -10.86% |
| 2021 | 0.66% | 0.46% | -0.20% | 1.24% | 0.21% | 0.74% | 0.29% | -0.29% | 0.54% | -0.16% | -1.03% | 2.07% | 4.57% |
Benchmark Metrics
TD Active U.S. High Yield Bond ETF has an annualized alpha of 2.49%, beta of 0.04, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 19, 2019.
- This ETF participated in 38.67% of S&P 500 Index downside but only 23.35% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.04 may look defensive, but with R2 of 0.01 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 0.01 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
- 2.49%
- Beta
- 0.04
- R²
- 0.01
- Upside Capture
- 23.35%
- Downside Capture
- 38.67%
Return for Risk
Risk / Return Rank
TUHY.TO ranks 27 for risk / return — below 27% 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 U.S. High Yield Bond ETF (TUHY.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.
| TUHY.TO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.33 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.67 | -1.47 |
| Martin ratioReturn relative to average drawdown | 4.67 | 9.87 | -5.20 |
Dividends
Dividend History
TD Active U.S. High Yield Bond ETF provided a 5.74% dividend yield over the last twelve months, with an annual payout of CA$1.17 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | CA$1.17 | CA$1.26 | CA$1.38 | CA$1.38 | CA$1.00 | CA$1.22 | CA$1.02 | CA$0.08 |
Dividend yield | 5.74% | 6.05% | 6.64% | 6.57% | 4.90% | 5.10% | 4.22% | 0.32% |
Monthly Dividends
The table displays the monthly dividend distributions for TD Active U.S. High Yield Bond 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$0.09 | CA$0.09 | CA$0.09 | CA$0.09 | CA$0.09 | CA$0.09 | CA$0.00 | CA$0.54 | |||||
| 2025 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$0.11 | CA$1.26 |
| 2024 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$1.38 |
| 2023 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$0.12 | CA$1.38 |
| 2022 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.18 | CA$1.00 |
| 2021 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.34 | CA$1.22 |
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 U.S. High Yield Bond 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 U.S. High Yield Bond ETF was 19.23%, occurring on Mar 24, 2020. Recovery took 223 trading sessions.
The current TD Active U.S. High Yield Bond ETF drawdown is 0.34%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-19.23%Mar 2020 | 27d | 10mo 24d | 11mo 21dFeb 2020 - Feb 2021 | COVID crash2020 |
-14.79%Jul 2022 | 6mo 8d | 1y 11mo | 2y 5moDec 2021 - Jun 2024 | Bear market2022 |
-4.87%Apr 2025 | 1mo 8d | 1mo 6d | 2mo 14dFeb 2025 - May 2025 | 2025 selloff2025 |
-3.09%Mar 2026 | 1mo 16d | 3mo 5d | 4mo 21dFeb 2026 - Jul 2026 | — |
-2.29%Nov 2021 | 2mo 11d | 1mo 3d | 3mo 14dSep 2021 - Dec 2021 | — |
Drawdown Indicators
| TUHY.TO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.23% | -48.87% | +29.64% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -9.17% | +6.08% |
Max Drawdown (3Y)Largest decline over 3 years | -4.87% | -19.59% | +14.72% |
Max Drawdown (5Y)Largest decline over 5 years | -14.79% | -23.14% | +8.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.97% | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.82% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -3.87% | -9.63% | +5.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 2.47% | -1.68% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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