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PAYG.TO vs. TQGD.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PAYG.TO vs. TQGD.TO

Last updated Jul 14, 2026
Documentation

PAYG.TO (Brompton Global Equity HighPay ETF) and TQGD.TO (TD Q Global Dividend ETF) are both Global Equity Income funds. PAYG.TO is actively managed, while TQGD.TO is passively managed. At a 0.49 correlation, their price movements are largely independent.

Performance

PAYG.TO vs. TQGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Global Equity HighPay ETF (PAYG.TO) and TD Q Global Dividend ETF (TQGD.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

PAYG.TO

1D
-1.21%
1M
0.06%
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

TQGD.TO

1D
-0.46%
1M
1.87%
6M
12.99%
YTD
16.41%
1Y
27.40%
3Y*
19.55%
5Y*
14.95%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PAYG.TO vs. TQGD.TO - Yearly Performance Comparison

2026 (YTD)
PAYG.TO
Brompton Global Equity HighPay ETF		10.67%
TQGD.TO
TD Q Global Dividend ETF		12.85%

Correlation

The correlation between PAYG.TO and TQGD.TO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (All Time)
Calculated using the full available price history since Apr 2, 2026

0.49

Compare stocks, funds, or ETFs

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

Brompton Global Equity HighPay ETF

TD Q Global Dividend ETF

Often compared with PAYG.TO:
PAYG.TO vs. HHIS.TOPAYG.TO vs. EASY.TOPAYG.TO vs. BGIE.TOPAYG.TO vs. KNGG.TOPAYG.TO vs. USCL.TOPAYG.TO vs. QQQY.TOPAYG.TO vs. KNGC.TO
Often compared with TQGD.TO:
TQGD.TO vs. TQCD.TOTQGD.TO vs. TGED.TOTQGD.TO vs. TGFI.TOTQGD.TO vs. TGRO.TOTQGD.TO vs. TEQT.TOTQGD.TO vs. SCHDTQGD.TO vs. ZDI.TO

Return for Risk

PAYG.TO vs. TQGD.TO — Risk / Return Rank

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

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

TQGD.TO
TQGD.TO Risk / Return Rank: 9292
Overall Rank
TQGD.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
TQGD.TO Sortino Ratio Rank: 9393
Sortino Ratio Rank
TQGD.TO Omega Ratio Rank: 9292
Omega Ratio Rank
TQGD.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
TQGD.TO Martin Ratio Rank: 9292
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.

PAYG.TO vs. TQGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Global Equity HighPay ETF (PAYG.TO) and TD Q Global Dividend ETF (TQGD.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.

PAYG.TOTQGD.TODifference
Sharpe ratioReturn per unit of total volatility

—

2.59

—

Sortino ratioReturn per unit of downside risk

—

3.69

—

Omega ratioGain probability vs. loss probability

—

1.48

—

Calmar ratioReturn relative to maximum drawdown

—

4.55

—

Martin ratioReturn relative to average drawdown

—

17.46

—

PAYG.TO vs. TQGD.TO - Sharpe Ratio Comparison

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Drawdowns

PAYG.TO vs. TQGD.TO - Drawdown Comparison

The maximum PAYG.TO drawdown since its inception was -7.38%, smaller than the maximum TQGD.TO drawdown of -32.60%. Use the drawdown chart below to compare losses from any high point for PAYG.TO and TQGD.TO.

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Drawdown Indicators

PAYG.TOTQGD.TODifference

Max Drawdown

Largest peak-to-trough decline

-7.38%

-32.60%

+25.22%

Max Drawdown (1Y)

Largest decline over 1 year

—

-6.05%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-15.51%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-15.51%

—

Current Drawdown

Current decline from peak

-4.64%

-1.21%

-3.43%

Average Drawdown

Average peak-to-trough decline

-2.38%

-4.88%

+2.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.57%

—

Volatility

PAYG.TO vs. TQGD.TO - Volatility Comparison

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Volatility by Period

PAYG.TOTQGD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

—

3.40%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

8.53%

—

Volatility (1Y)

Calculated over the trailing 1-year period

21.42%

10.65%

+10.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.42%

17.94%

+3.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.42%

24.54%

-3.12%

Dividends

PAYG.TO vs. TQGD.TO - Dividend Comparison

PAYG.TO's dividend yield for the trailing twelve months is around 4.54%, more than TQGD.TO's 2.64% yield.

PositionTTM2025202420232022202120202019
PAYG.TO
Brompton Global Equity HighPay ETF		4.54%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TQGD.TO
TD Q Global Dividend ETF		2.64%2.89%3.39%3.65%3.89%3.26%4.85%0.35%

Frequently Asked Questions

PAYG.TO and TQGD.TO have a correlation of 0.49, 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: Brompton and TD.

Portfolio Optimizer

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