EACC.NEO vs. TILV.TO

Last updated Jun 4, 2026

EACC.NEO (Global X MSCI EAFE Covered Call ETF) and TILV.TO (TD Q International Low Volatility ETF) are both exchange-traded funds - EACC.NEO is a Derivative Income fund tracking the MSCI EAFE Index, while TILV.TO is a Foreign Large Cap Equities fund actively managed by TD. EACC.NEO is passively managed, while TILV.TO is actively managed. Over the past year, EACC.NEO returned 19.76% vs 13.37% for TILV.TO. A 0.58 correlation means they provide meaningful diversification when combined. EACC.NEO charges 0.49%/yr vs 0.40%/yr for TILV.TO.

Performance

EACC.NEO vs. TILV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X MSCI EAFE Covered Call ETF (EACC.NEO) and TD Q International Low Volatility ETF (TILV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EACC.NEO achieves a 7.82% return, which is significantly higher than TILV.TO's 6.87% return.

EACC.NEO

• 1D: -0.48%
• 1M: 6.14%
• YTD: 7.82%
• 6M: 8.11%
• 1Y: 19.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TILV.TO

• 1D: -0.05%
• 1M: 0.99%
• YTD: 6.87%
• 6M: 6.51%
• 1Y: 13.37%
• 3Y*: 14.53%
• 5Y*: 10.23%
• 10Y*: —

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

EACC.NEO vs. TILV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EACC.NEO Global X MSCI EAFE Covered Call ETF	7.82%	18.86%	0.72%
TILV.TO TD Q International Low Volatility ETF	6.87%	19.69%	6.29%

Correlation

The correlation between EACC.NEO and TILV.TO is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since May 22, 2024	0.59

The correlation between EACC.NEO and TILV.TO has been stable across timeframes, ranging from 0.58 to 0.67 - a consistent structural relationship.

Return for Risk

EACC.NEO vs. TILV.TO — Risk / Return Rank

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

EACC.NEO

EACC.NEO Risk / Return Rank: 38
EACC.NEO Sharpe Ratio Rank: 38
EACC.NEO Sortino Ratio Rank: 35
EACC.NEO Omega Ratio Rank: 42
EACC.NEO Calmar Ratio Rank: 36
EACC.NEO Martin Ratio Rank: 39

TILV.TO

TILV.TO Risk / Return Rank: 36
TILV.TO Sharpe Ratio Rank: 34
TILV.TO Sortino Ratio Rank: 32
TILV.TO Omega Ratio Rank: 35
TILV.TO Calmar Ratio Rank: 38
TILV.TO Martin Ratio Rank: 40

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.

EACC.NEO vs. TILV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI EAFE Covered Call ETF (EACC.NEO) and TD Q International Low Volatility ETF (TILV.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.

	EACC.NEO	TILV.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.21	+0.12
Sortino ratio: Return per unit of downside risk	1.80	1.69	+0.11
Omega ratio: Gain probability vs. loss probability	1.27	1.23	+0.04
Calmar ratio: Return relative to maximum drawdown	1.76	1.89	-0.13
Martin ratio: Return relative to average drawdown	6.04	6.15	-0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EACC.NEO vs. TILV.TO - Sharpe Ratio Comparison

The current EACC.NEO Sharpe Ratio is 1.33, which is comparable to the TILV.TO Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of EACC.NEO and TILV.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

	EACC.NEO	TILV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	1.21	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.65	+0.24

Drawdowns

EACC.NEO vs. TILV.TO - Drawdown Comparison

The maximum EACC.NEO drawdown since its inception was -13.35%, smaller than the maximum TILV.TO drawdown of -26.64%. Use the drawdown chart below to compare losses from any high point for EACC.NEO and TILV.TO.

Drawdown Indicators

	EACC.NEO	TILV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-13.35%	-26.64%	+13.29%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-7.11%	-4.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-7.62%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.32%	—
Current Drawdown Current decline from peak	-0.48%	-4.73%	+4.25%
Average Drawdown Average peak-to-trough decline	-2.09%	-4.28%	+2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.28%	2.18%	+1.10%

Volatility

EACC.NEO vs. TILV.TO - Volatility Comparison

The current volatility for Global X MSCI EAFE Covered Call ETF (EACC.NEO) is 4.43%, while TD Q International Low Volatility ETF (TILV.TO) has a volatility of 5.45%. This indicates that EACC.NEO experiences smaller price fluctuations and is considered to be less risky than TILV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EACC.NEO	TILV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	5.45%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	12.76%	9.29%	+3.47%
Volatility (1Y) Calculated over the trailing 1-year period	14.96%	11.13%	+3.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.05%	10.04%	+5.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.05%	11.67%	+3.38%

EACC.NEO vs. TILV.TO - Expense Ratio Comparison

EACC.NEO has a 0.49% expense ratio, which is higher than TILV.TO's 0.40% expense ratio.

Dividends

EACC.NEO vs. TILV.TO - Dividend Comparison

EACC.NEO's dividend yield for the trailing twelve months is around 7.46%, more than TILV.TO's 2.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EACC.NEO Global X MSCI EAFE Covered Call ETF	7.46%	7.55%	5.12%	0.00%	0.00%	0.00%	0.00%	0.00%
TILV.TO TD Q International Low Volatility ETF	2.95%	3.08%	3.34%	3.51%	2.81%	2.78%	2.99%	2.10%

Frequently Asked Questions

Can I hold both EACC.NEO and TILV.TO in my portfolio?

EACC.NEO and TILV.TO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EACC.NEO or TILV.TO?

On fees, TILV.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EACC.NEO or TILV.TO?

TILV.TO is cheaper with a 0.40% expense ratio, compared with 0.49% for EACC.NEO.

What is the main difference between EACC.NEO and TILV.TO?

EACC.NEO is categorized as Derivative Income, while TILV.TO is Foreign Large Cap Equities. They also come from different issuers: Global X and TD. Their fees differ too: 0.49% for EACC.NEO and 0.40% for TILV.TO.