ICCB.TO vs. TLV.TO

Last updated Jun 6, 2026

ICCB.TO (Invesco Canadian Core Plus Bond ETF) and TLV.TO (Invesco S&P/TSX Composite Low Volatility Index ETF) are both exchange-traded funds - ICCB.TO is a Intermediate Core-Plus Bond fund actively managed by Invesco, while TLV.TO is a Canada Equities fund tracking the S&P/TSX Composite Low Volatility Index. ICCB.TO is actively managed, while TLV.TO is passively managed.

Performance

ICCB.TO vs. TLV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco Canadian Core Plus Bond ETF (ICCB.TO) and Invesco S&P/TSX Composite Low Volatility Index ETF (TLV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ICCB.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLV.TO

• 1D: 0.40%
• 1M: 2.92%
• YTD: 11.76%
• 6M: 13.51%
• 1Y: 25.70%
• 3Y*: 19.18%
• 5Y*: 10.97%
• 10Y*: 8.73%

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

Return for Risk

ICCB.TO vs. TLV.TO — Risk / Return Rank

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

TLV.TO

TLV.TO Risk / Return Rank: 95
TLV.TO Sharpe Ratio Rank: 95
TLV.TO Sortino Ratio Rank: 96
TLV.TO Omega Ratio Rank: 96
TLV.TO Calmar Ratio Rank: 94
TLV.TO Martin Ratio Rank: 95

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.

ICCB.TO vs. TLV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Canadian Core Plus Bond ETF (ICCB.TO) and Invesco S&P/TSX Composite Low Volatility Index ETF (TLV.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ICCB.TO	TLV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.49	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.11	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.81	—

Drawdowns

Drawdown Indicators

	ICCB.TO	TLV.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-37.68%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.07%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.68%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-4.06%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.88%	—

Volatility

Volatility by Period

	ICCB.TO	TLV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.77%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	7.40%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	9.94%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.68%	—

Dividends

ICCB.TO vs. TLV.TO - Dividend Comparison

ICCB.TO has not paid dividends to shareholders, while TLV.TO's dividend yield for the trailing twelve months is around 3.00%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ICCB.TO Invesco Canadian Core Plus Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TLV.TO Invesco S&P/TSX Composite Low Volatility Index ETF	3.00%	3.25%	3.40%	4.12%	4.01%	2.49%	2.75%	3.74%	4.28%	3.58%	3.46%	4.08%

Frequently Asked Questions

What is the main difference between ICCB.TO and TLV.TO?

ICCB.TO is categorized as Intermediate Core-Plus Bond, while TLV.TO is Canada Equities.