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EDGE.TO vs. TLF.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EDGE.TO vs. TLF.TO

Last updated Jul 25, 2026
Documentation

EDGE.TO (Evolve Innovation Index Fund) and TLF.TO (Brompton Tech Leaders Income ETF) are both Technology Equities funds. EDGE.TO is passively managed, while TLF.TO is actively managed. Over the past 5 years, EDGE.TO returned 4.25%/yr vs 15.35%/yr for TLF.TO. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

EDGE.TO vs. TLF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Innovation Index Fund (EDGE.TO) and Brompton Tech Leaders Income ETF (TLF.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EDGE.TO achieves a 12.54% return, which is significantly lower than TLF.TO's 21.83% return.

EDGE.TO

1D
-0.33%
1M
-3.20%
6M
11.39%
YTD
12.54%
1Y
12.02%
3Y*
14.86%
5Y*
4.25%
10Y*
—
ALL TIME*
11.58%

TLF.TO

1D
-1.79%
1M
-4.05%
6M
19.18%
YTD
21.83%
1Y
32.67%
3Y*
24.19%
5Y*
15.35%
10Y*
20.96%
ALL TIME*
15.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EDGE.TO

Evolve Innovation Index Fund
CA$27.25KCA$23.58KCA$26.33K

TLF.TO

Brompton Tech Leaders Income ETF
CA$88.31KCA$96.98KCA$96.65K

EDGE.TO vs. TLF.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
EDGE.TO
Evolve Innovation Index Fund		12.54%11.95%17.11%25.65%-33.70%12.46%55.36%33.67%-14.17%
TLF.TO
Brompton Tech Leaders Income ETF		21.83%18.20%21.45%49.36%-30.09%31.51%38.89%37.12%-5.88%

Correlation

The correlation between EDGE.TO and TLF.TO is 0.62, 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

0.62

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.61

Correlation (All Time)
Calculated using the full available price history since May 2, 2018

0.57

The correlation between EDGE.TO and TLF.TO has been stable across timeframes, ranging from 0.57 to 0.62 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Evolve Innovation Index Fund

Brompton Tech Leaders Income ETF

Often compared with EDGE.TO:
EDGE.TO vs. FSELXEDGE.TO vs. TEC.TOEDGE.TO vs. SCHDEDGE.TO vs. VFV.TOEDGE.TO vs. AMTREDGE.TO vs. VXC.TOEDGE.TO vs. BLK
Often compared with TLF.TO:
TLF.TO vs. BPRF.TOTLF.TO vs. EDGF.TOTLF.TO vs. FHQ.TOTLF.TO vs. BFIN.TOTLF.TO vs. FDN.TOTLF.TO vs. BDIV.TOTLF.TO vs. BLOV.TO

Return for Risk

EDGE.TO vs. TLF.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EDGE.TO
EDGE.TO Risk / Return Rank: 2424
Overall Rank
EDGE.TO Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
EDGE.TO Sortino Ratio Rank: 2525
Sortino Ratio Rank
EDGE.TO Omega Ratio Rank: 2525
Omega Ratio Rank
EDGE.TO Calmar Ratio Rank: 2323
Calmar Ratio Rank
EDGE.TO Martin Ratio Rank: 2222
Martin Ratio Rank
TLF.TO
TLF.TO Risk / Return Rank: 5656
Overall Rank
TLF.TO Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
TLF.TO Sortino Ratio Rank: 4848
Sortino Ratio Rank
TLF.TO Omega Ratio Rank: 5454
Omega Ratio Rank
TLF.TO Calmar Ratio Rank: 6363
Calmar Ratio Rank
TLF.TO Martin Ratio Rank: 6060
Martin Ratio Rank
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.

EDGE.TO vs. TLF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Innovation Index Fund (EDGE.TO) and Brompton Tech Leaders Income ETF (TLF.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.

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.

EDGE.TOTLF.TODifference
Sharpe ratioReturn per unit of total volatility
0.58
1.32

-0.74

Sortino ratioReturn per unit of downside risk
0.94
1.74

-0.81

Omega ratioGain probability vs. loss probability

1.12

1.24

-0.12

Calmar ratioReturn relative to maximum drawdown

0.66

2.23

-1.57

Martin ratioReturn relative to average drawdown

1.55

7.25

-5.70

EDGE.TO vs. TLF.TO - Sharpe Ratio Comparison

The current EDGE.TO Sharpe Ratio is 0.58, which is lower than the TLF.TO Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of EDGE.TO and TLF.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.

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Drawdowns

EDGE.TO vs. TLF.TO - Drawdown Comparison

The maximum EDGE.TO drawdown since its inception was -39.86%, which is greater than TLF.TO's maximum drawdown of -37.19%. Use the drawdown chart below to compare losses from any high point for EDGE.TO and TLF.TO.

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Drawdown Indicators

EDGE.TOTLF.TODifference

Max Drawdown

Largest peak-to-trough decline

-39.86%

-37.19%

-2.67%

Max Drawdown (1Y)

Largest decline over 1 year

-18.43%

-14.73%

-3.70%

Max Drawdown (3Y)

Largest decline over 3 years

-21.92%

-24.99%

+3.07%

Max Drawdown (5Y)

Largest decline over 5 years

-39.86%

-37.19%

-2.67%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.19%

—

Current Drawdown

Current decline from peak

-9.10%

-10.78%

+1.68%

Average Drawdown

Average peak-to-trough decline

-12.84%

-7.35%

-5.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.77%

4.52%

+3.25%

Volatility

EDGE.TO vs. TLF.TO - Volatility Comparison

The current volatility for Evolve Innovation Index Fund (EDGE.TO) is 6.75%, while Brompton Tech Leaders Income ETF (TLF.TO) has a volatility of 12.80%. This indicates that EDGE.TO experiences smaller price fluctuations and is considered to be less risky than TLF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EDGE.TOTLF.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.75%

12.80%

-6.05%

Volatility (6M)

Calculated over the trailing 6-month period

17.69%

21.97%

-4.28%

Volatility (1Y)

Calculated over the trailing 1-year period

20.69%

24.83%

-4.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.81%

25.83%

-3.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.67%

24.23%

-0.56%

Dividends

EDGE.TO vs. TLF.TO - Dividend Comparison

EDGE.TO's dividend yield for the trailing twelve months is around 0.44%, less than TLF.TO's 5.65% yield.

PositionTTM20252024202320222021202020192018201720162015
EDGE.TO
Evolve Innovation Index Fund		0.44%0.36%0.53%0.06%0.08%0.05%0.06%0.09%0.09%0.00%0.00%0.00%
TLF.TO
Brompton Tech Leaders Income ETF		5.65%5.90%5.86%5.31%6.97%3.40%3.49%4.64%6.05%5.94%7.67%7.63%

Frequently Asked Questions

EDGE.TO and TLF.TO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Evolve Funds Group Inc. and Brompton.

Portfolio Optimizer

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