EVO.TO vs. TEQT.TO
EVO.TO (Evovest Global Equity ETF) and TEQT.TO (TD All-Equity ETF Portfolio) are both Global Equities funds. EVO.TO is actively managed, while TEQT.TO is passively managed. Over the past year, EVO.TO returned 10.06% vs 29.82% for TEQT.TO. A 0.77 correlation means they provide meaningful diversification when combined. EVO.TO charges 1.15%/yr vs 0.17%/yr for TEQT.TO.
Performance
EVO.TO vs. TEQT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, EVO.TO achieves a 8.74% return, which is significantly lower than TEQT.TO's 11.59% return.
EVO.TO
- 1D
- 0.33%
- 1M
- 3.77%
- YTD
- 8.74%
- 6M
- -0.44%
- 1Y
- 10.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TEQT.TO
- 1D
- -0.45%
- 1M
- 5.99%
- YTD
- 11.59%
- 6M
- 11.36%
- 1Y
- 29.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EVO.TO vs. TEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EVO.TO Evovest Global Equity ETF | 8.74% | 10.18% |
TEQT.TO TD All-Equity ETF Portfolio | 11.59% | 27.04% |
Correlation
The correlation between EVO.TO and TEQT.TO is 0.77, 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 | 0.77 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2025 | 0.77 |
The correlation between EVO.TO and TEQT.TO has been stable across timeframes, ranging from 0.77 to 0.77 - a consistent structural relationship.
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Return for Risk
EVO.TO vs. TEQT.TO — Risk / Return Rank
EVO.TO
TEQT.TO
EVO.TO vs. TEQT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evovest Global Equity ETF (EVO.TO) and TD All-Equity ETF Portfolio (TEQT.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.
| EVO.TO | TEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.51 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | 3.93 | -3.07 |
| Martin ratioReturn relative to average drawdown | 2.48 | 16.17 | -13.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EVO.TO | TEQT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 2.70 | -2.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 2.99 | -2.17 |
Drawdowns
EVO.TO vs. TEQT.TO - Drawdown Comparison
The maximum EVO.TO drawdown since its inception was -12.72%, which is greater than TEQT.TO's maximum drawdown of -7.62%. Use the drawdown chart below to compare losses from any high point for EVO.TO and TEQT.TO.
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Drawdown Indicators
| EVO.TO | TEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.72% | -7.62% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -7.62% | -4.15% |
Current DrawdownCurrent decline from peak | -1.51% | -0.45% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -2.42% | -1.00% | -1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 1.85% | +2.21% |
Volatility
EVO.TO vs. TEQT.TO - Volatility Comparison
Evovest Global Equity ETF (EVO.TO) has a higher volatility of 3.45% compared to TD All-Equity ETF Portfolio (TEQT.TO) at 3.03%. This indicates that EVO.TO's price experiences larger fluctuations and is considered to be riskier than TEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVO.TO | TEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.03% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 13.42% | 8.80% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.43% | 11.10% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.69% | 12.18% | +4.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.69% | 12.18% | +4.51% |
EVO.TO vs. TEQT.TO - Expense Ratio Comparison
EVO.TO has a 1.15% expense ratio, which is higher than TEQT.TO's 0.17% expense ratio.
Dividends
EVO.TO vs. TEQT.TO - Dividend Comparison
EVO.TO's dividend yield for the trailing twelve months is around 0.56%, less than TEQT.TO's 1.31% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EVO.TO Evovest Global Equity ETF | 0.56% | 0.61% | 0.78% |
TEQT.TO TD All-Equity ETF Portfolio | 1.31% | 1.14% | 0.00% |
Frequently Asked Questions
EVO.TO and TEQT.TO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TEQT.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TEQT.TO is cheaper with a 0.17% expense ratio, compared with 1.15% for EVO.TO.
They also come from different issuers: National Bank Investments and TD. Their fees differ too: 1.15% for EVO.TO and 0.17% for TEQT.TO.
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