INAI.TO vs. TLF.TO
INAI.TO (Invesco Morningstar Global Next Gen AI Index ETF) and TLF.TO (Brompton Tech Leaders Income ETF) are both Technology Equities funds. INAI.TO is passively managed, while TLF.TO is actively managed. Over the past year, INAI.TO returned 39.33% vs 38.85% for TLF.TO. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
INAI.TO vs. TLF.TO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with INAI.TO having a 27.50% return and TLF.TO slightly lower at 27.21%.
INAI.TO
- 1D
- -1.15%
- 1M
- -5.79%
- 6M
- 21.81%
- YTD
- 27.50%
- 1Y
- 39.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TLF.TO
- 1D
- -1.40%
- 1M
- -3.87%
- 6M
- 25.65%
- YTD
- 27.21%
- 1Y
- 38.85%
- 3Y*
- 26.00%
- 5Y*
- 17.07%
- 10Y*
- 21.83%
INAI.TO vs. TLF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
INAI.TO Invesco Morningstar Global Next Gen AI Index ETF | 27.50% | 24.92% | 36.26% |
TLF.TO Brompton Tech Leaders Income ETF | 27.21% | 18.20% | 16.19% |
Correlation
The correlation between INAI.TO and TLF.TO is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2024 | 0.65 |
The correlation between INAI.TO and TLF.TO shifts across timeframes, from 0.65 (all time) to 0.84 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INAI.TO vs. TLF.TO — Risk / Return Rank
INAI.TO
TLF.TO
INAI.TO vs. TLF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Morningstar Global Next Gen AI Index ETF (INAI.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.
| INAI.TO | TLF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.29 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.65 | -1.09 |
| Martin ratioReturn relative to average drawdown | 4.02 | 9.20 | -5.17 |
Loading charts...
Drawdowns
INAI.TO vs. TLF.TO - Drawdown Comparison
The maximum INAI.TO drawdown since its inception was -26.78%, smaller than the maximum TLF.TO drawdown of -37.19%. Use the drawdown chart below to compare losses from any high point for INAI.TO and TLF.TO.
Loading charts...
Drawdown Indicators
| INAI.TO | TLF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.78% | -37.19% | +10.41% |
Max Drawdown (1Y)Largest decline over 1 year | -25.34% | -14.73% | -10.61% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.99% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.19% | — |
Current DrawdownCurrent decline from peak | -9.12% | -6.84% | -2.28% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -7.35% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.81% | 4.24% | +5.57% |
Volatility
INAI.TO vs. TLF.TO - Volatility Comparison
The current volatility for Invesco Morningstar Global Next Gen AI Index ETF (INAI.TO) is 9.38%, while Brompton Tech Leaders Income ETF (TLF.TO) has a volatility of 13.38%. This indicates that INAI.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.
Loading charts...
Volatility by Period
| INAI.TO | TLF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.38% | 13.38% | -4.00% |
Volatility (6M)Calculated over the trailing 6-month period | 23.47% | 21.66% | +1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.45% | 24.42% | +5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.98% | 25.80% | +2.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.98% | 24.20% | +3.78% |
Dividends
INAI.TO vs. TLF.TO - Dividend Comparison
INAI.TO's dividend yield for the trailing twelve months is around 0.02%, less than TLF.TO's 5.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INAI.TO Invesco Morningstar Global Next Gen AI Index ETF | 0.02% | 0.07% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLF.TO Brompton Tech Leaders Income ETF | 5.41% | 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
INAI.TO and TLF.TO have a correlation of 0.84, 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: Invesco and Brompton.
Find the right allocation for INAI.TO and TLF.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer