ESGE.TO vs. TILV.TO
ESGE.TO (BMO MSCI EAFE Selection Equity Index ETF) and TILV.TO (TD Q International Low Volatility ETF) are both Foreign Large Cap Equities funds. Over the past 5 years, ESGE.TO returned 10.48%/yr vs 10.59%/yr for TILV.TO. At a 0.33 correlation, their price movements are largely independent.
Performance
ESGE.TO vs. TILV.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ESGE.TO achieves a 14.35% return, which is significantly higher than TILV.TO's 9.58% return.
ESGE.TO
- 1D
- 0.62%
- 1M
- 4.82%
- YTD
- 14.35%
- 6M
- 14.12%
- 1Y
- 24.26%
- 3Y*
- 16.82%
- 5Y*
- 10.48%
- 10Y*
- —
TILV.TO
- 1D
- -0.77%
- 1M
- 1.58%
- YTD
- 9.58%
- 6M
- 9.26%
- 1Y
- 16.33%
- 3Y*
- 16.23%
- 5Y*
- 10.59%
- 10Y*
- —
ESGE.TO vs. TILV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESGE.TO BMO MSCI EAFE Selection Equity Index ETF | 14.35% | 19.50% | 10.61% | 15.06% | -11.25% | 11.14% | 4.41% |
TILV.TO TD Q International Low Volatility ETF | 9.58% | 19.69% | 13.23% | 9.74% | -5.66% | 14.07% | -5.93% |
Correlation
The correlation between ESGE.TO and TILV.TO is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | 0.33 |
Over the past year, ESGE.TO and TILV.TO have become more correlated (0.58) than their long-term average of 0.33, meaning their price movements have been converging.
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Return for Risk
ESGE.TO vs. TILV.TO — Risk / Return Rank
ESGE.TO
TILV.TO
ESGE.TO vs. TILV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO MSCI EAFE Selection Equity Index ETF (ESGE.TO) 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.
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.
| ESGE.TO | TILV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.27 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.31 | -0.13 |
| Martin ratioReturn relative to average drawdown | 8.38 | 7.04 | +1.33 |
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Drawdowns
ESGE.TO vs. TILV.TO - Drawdown Comparison
The maximum ESGE.TO drawdown since its inception was -27.77%, roughly equal to the maximum TILV.TO drawdown of -27.24%. Use the drawdown chart below to compare losses from any high point for ESGE.TO and TILV.TO.
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Drawdown Indicators
| ESGE.TO | TILV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.77% | -27.24% | -0.53% |
Max Drawdown (1Y)Largest decline over 1 year | -11.17% | -7.11% | -4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -14.68% | -7.62% | -7.06% |
Max Drawdown (5Y)Largest decline over 5 years | -25.79% | -17.01% | -8.78% |
Current DrawdownCurrent decline from peak | 0.00% | -2.32% | +2.32% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -4.49% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 2.32% | +0.58% |
Volatility
ESGE.TO vs. TILV.TO - Volatility Comparison
BMO MSCI EAFE Selection Equity Index ETF (ESGE.TO) has a higher volatility of 4.23% compared to TD Q International Low Volatility ETF (TILV.TO) at 3.06%. This indicates that ESGE.TO's price experiences larger fluctuations and is considered to be riskier than TILV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGE.TO | TILV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | 3.06% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 12.49% | 9.53% | +2.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.50% | 11.36% | +3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.84% | 11.88% | +1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.29% | 13.46% | +2.83% |
Dividends
ESGE.TO vs. TILV.TO - Dividend Comparison
ESGE.TO's dividend yield for the trailing twelve months is around 1.75%, less than TILV.TO's 2.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ESGE.TO BMO MSCI EAFE Selection Equity Index ETF | 1.75% | 2.10% | 2.60% | 2.89% | 2.95% | 2.54% | 2.75% | 0.00% |
TILV.TO TD Q International Low Volatility ETF | 2.94% | 3.08% | 3.35% | 3.52% | 2.83% | 2.78% | 2.99% | 2.10% |
Frequently Asked Questions
ESGE.TO and TILV.TO have a correlation of 0.58, 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: BMO and TD.
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