TBNK.TO vs. LLYH.TO
TBNK.TO (TD Canadian Bank Dividend Index ETF) and LLYH.TO (Harvest Eli Lilly High Income Shares ETF Class A Units) are both Dividend funds. TBNK.TO is passively managed, while LLYH.TO is actively managed. Over the past year, TBNK.TO returned 67.81% vs 43.15% for LLYH.TO. Their 0.16 correlation means their historical movements had little consistent relationship. TBNK.TO charges 0.28%/yr vs 0.40%/yr for LLYH.TO.
Performance
TBNK.TO vs. LLYH.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TBNK.TO achieves a 33.22% return, which is significantly higher than LLYH.TO's 10.77% return.
TBNK.TO
- 1D
- 0.11%
- 1M
- 1.83%
- 6M
- 35.44%
- YTD
- 33.22%
- 1Y
- 67.81%
- 3Y*
- 34.49%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 32.50%
LLYH.TO
- 1D
- -0.84%
- 1M
- -4.36%
- 6M
- 15.51%
- YTD
- 10.77%
- 1Y
- 43.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$29.93K | CA$37.11K | CA$49.69K | |
| CA$5.97M | CA$5.04M | CA$3.18M |
TBNK.TO vs. LLYH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TBNK.TO TD Canadian Bank Dividend Index ETF | 33.22% | 44.62% | 11.67% |
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units | 10.77% | 24.63% | -10.44% |
Correlation
The correlation between TBNK.TO and LLYH.TO is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2024 | 0.16 |
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Return for Risk
TBNK.TO vs. LLYH.TO — Risk / Return Rank
TBNK.TO
LLYH.TO
TBNK.TO vs. LLYH.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Canadian Bank Dividend Index ETF (TBNK.TO) and Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.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.
| TBNK.TO | LLYH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.36 | ||
| Sortino ratioReturn per unit of downside risk | +4.13 | ||
| Omega ratioGain probability vs. loss probability | 1.83 | 1.27 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 8.17 | 2.43 | +5.74 |
| Martin ratioReturn relative to average drawdown | 33.74 | 6.57 | +27.16 |
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Drawdowns
TBNK.TO vs. LLYH.TO - Drawdown Comparison
The maximum TBNK.TO drawdown since its inception was -15.03%, smaller than the maximum LLYH.TO drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for TBNK.TO and LLYH.TO.
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Drawdown Indicators
| TBNK.TO | LLYH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.03% | -31.00% | +15.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.25% | -19.48% | +11.23% |
Max Drawdown (3Y)Largest decline over 3 years | -13.43% | — | — |
Current DrawdownCurrent decline from peak | -2.90% | -6.44% | +3.54% |
Average DrawdownAverage peak-to-trough decline | -2.37% | -9.50% | +7.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 7.19% | -5.20% |
Volatility
TBNK.TO vs. LLYH.TO - Volatility Comparison
The current volatility for TD Canadian Bank Dividend Index ETF (TBNK.TO) is 6.24%, while Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) has a volatility of 8.72%. This indicates that TBNK.TO experiences smaller price fluctuations and is considered to be less risky than LLYH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TBNK.TO | LLYH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 8.72% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 12.45% | 25.25% | -12.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.18% | 33.92% | -19.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 33.36% | -20.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.09% | 33.36% | -20.27% |
TBNK.TO vs. LLYH.TO - Expense Ratio Comparison
TBNK.TO has a 0.28% expense ratio, which is lower than LLYH.TO's 0.40% expense ratio.
Dividends
TBNK.TO vs. LLYH.TO - Dividend Comparison
TBNK.TO's dividend yield for the trailing twelve months is around 2.20%, less than LLYH.TO's 17.06% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units | 17.06% | 17.54% | 6.17% | 0.00% |
TBNK.TO TD Canadian Bank Dividend Index ETF | 2.20% | 2.89% | 4.03% | 3.10% |
Frequently Asked Questions
TBNK.TO and LLYH.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TBNK.TO is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TBNK.TO is cheaper with a 0.28% expense ratio, compared with 0.40% for LLYH.TO.
They also come from different issuers: TD and Harvest. Their fees differ too: 0.28% for TBNK.TO and 0.40% for LLYH.TO.
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