ABX.TO vs. TPRF.TO

Last updated Jun 5, 2026

ABX.TO (Barrick Gold Corporation) is a stock, while TPRF.TO (TD Active Preferred Share ETF) is Preferred Stock/Convertible Bonds fund actively managed by TD. Over the past 5 years, ABX.TO returned 19.29%/yr vs 10.07%/yr for TPRF.TO. At a 0.00 correlation, their price movements are largely independent.

Performance

ABX.TO vs. TPRF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Barrick Gold Corporation (ABX.TO) and TD Active Preferred Share ETF (TPRF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABX.TO achieves a 0.69% return, which is significantly lower than TPRF.TO's 5.16% return.

ABX.TO

• 1D: 2.13%
• 1M: 13.15%
• YTD: 0.69%
• 6M: 5.42%
• 1Y: 120.56%
• 3Y*: 40.22%
• 5Y*: 19.29%
• 10Y*: 11.63%

TPRF.TO

• 1D: 0.08%
• 1M: 1.09%
• YTD: 5.16%
• 6M: 6.46%
• 1Y: 17.31%
• 3Y*: 19.65%
• 5Y*: 10.07%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABX.TO vs. TPRF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ABX.TO Barrick Gold Corporation	0.69%	173.90%	-4.69%	5.66%	0.12%	-13.90%	21.80%	32.27%	10.19%
TPRF.TO TD Active Preferred Share ETF	5.16%	18.21%	28.68%	5.53%	-11.31%	37.88%	11.44%	17.78%	-13.58%

Correlation

The correlation between ABX.TO and TPRF.TO is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since Nov 15, 2018	0.00

Return for Risk

ABX.TO vs. TPRF.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABX.TO

ABX.TO Risk / Return Rank: 90
ABX.TO Sharpe Ratio Rank: 93
ABX.TO Sortino Ratio Rank: 88
ABX.TO Omega Ratio Rank: 89
ABX.TO Calmar Ratio Rank: 89
ABX.TO Martin Ratio Rank: 89

TPRF.TO

TPRF.TO Risk / Return Rank: 96
TPRF.TO Sharpe Ratio Rank: 96
TPRF.TO Sortino Ratio Rank: 97
TPRF.TO Omega Ratio Rank: 97
TPRF.TO Calmar Ratio Rank: 94
TPRF.TO Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABX.TO vs. TPRF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (ABX.TO) and TD Active Preferred Share ETF (TPRF.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ABX.TO	TPRF.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.77	4.20	-1.43
Sortino ratio: Return per unit of downside risk	3.01	6.16	-3.15
Omega ratio: Gain probability vs. loss probability	1.42	1.91	-0.49
Calmar ratio: Return relative to maximum drawdown	4.26	6.98	-2.72
Martin ratio: Return relative to average drawdown	11.05	38.78	-27.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABX.TO vs. TPRF.TO - Sharpe Ratio Comparison

The current ABX.TO Sharpe Ratio is 2.77, which is lower than the TPRF.TO Sharpe Ratio of 4.20. The chart below compares the historical Sharpe Ratios of ABX.TO and TPRF.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ABX.TO	TPRF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.77	4.20	-1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	1.05	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.78	-0.48

Drawdowns

ABX.TO vs. TPRF.TO - Drawdown Comparison

The maximum ABX.TO drawdown since its inception was -84.49%, which is greater than TPRF.TO's maximum drawdown of -43.12%. Use the drawdown chart below to compare losses from any high point for ABX.TO and TPRF.TO.

Drawdown Indicators

	ABX.TO	TPRF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-84.49%	-43.12%	-41.37%
Max Drawdown (1Y) Largest decline over 1 year	-28.49%	-2.49%	-26.00%
Max Drawdown (3Y) Largest decline over 3 years	-28.49%	-8.39%	-20.10%
Max Drawdown (5Y) Largest decline over 5 years	-43.76%	-20.45%	-23.31%
Max Drawdown (10Y) Largest decline over 10 years	-56.55%	—	—
Current Drawdown Current decline from peak	-16.22%	-0.31%	-15.91%
Average Drawdown Average peak-to-trough decline	-31.41%	-5.87%	-25.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.95%	0.45%	+10.50%

Volatility

ABX.TO vs. TPRF.TO - Volatility Comparison

Barrick Gold Corporation (ABX.TO) has a higher volatility of 16.49% compared to TD Active Preferred Share ETF (TPRF.TO) at 1.18%. This indicates that ABX.TO's price experiences larger fluctuations and is considered to be riskier than TPRF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABX.TO	TPRF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.49%	1.18%	+15.31%
Volatility (6M) Calculated over the trailing 6-month period	33.19%	2.66%	+30.53%
Volatility (1Y) Calculated over the trailing 1-year period	43.71%	4.14%	+39.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.35%	9.67%	+24.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.82%	15.41%	+20.41%

Dividends

ABX.TO vs. TPRF.TO - Dividend Comparison

ABX.TO's dividend yield for the trailing twelve months is around 2.13%, less than TPRF.TO's 4.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABX.TO Barrick Gold Corporation	2.13%	1.23%	2.45%	2.27%	3.64%	4.06%	1.42%	0.92%	1.36%	1.02%	0.59%	1.93%
TPRF.TO TD Active Preferred Share ETF	4.50%	4.36%	4.56%	5.74%	10.25%	8.28%	10.46%	9.90%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ABX.TO and TPRF.TO in my portfolio?

ABX.TO and TPRF.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.