TCON.TO vs. GRO.TO
TCON.TO (TD Conservative ETF Portfolio) and GRO.TO (Franklin Growth ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past year, TCON.TO returned 13.36% vs 23.55% for GRO.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
TCON.TO vs. GRO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TCON.TO achieves a 5.47% return, which is significantly lower than GRO.TO's 8.77% return.
TCON.TO
- 1D
- -0.12%
- 1M
- 3.36%
- YTD
- 5.47%
- 6M
- 5.16%
- 1Y
- 13.36%
- 3Y*
- 10.64%
- 5Y*
- 5.86%
- 10Y*
- —
GRO.TO
- 1D
- 0.00%
- 1M
- 4.49%
- YTD
- 8.77%
- 6M
- 11.39%
- 1Y
- 23.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TCON.TO vs. GRO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TCON.TO TD Conservative ETF Portfolio | 5.47% | 10.47% | 6.05% |
GRO.TO Franklin Growth ETF Portfolio | 8.77% | 11.09% | 15.17% |
Correlation
The correlation between TCON.TO and GRO.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2024 | 0.10 |
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Return for Risk
TCON.TO vs. GRO.TO — Risk / Return Rank
TCON.TO
GRO.TO
TCON.TO vs. GRO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Conservative ETF Portfolio (TCON.TO) and Franklin Growth ETF Portfolio (GRO.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.
| TCON.TO | GRO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 3.54 | -2.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 4.07 | -1.42 |
| Martin ratioReturn relative to average drawdown | 11.37 | 19.41 | -8.04 |
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
| TCON.TO | GRO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 3.00 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 1.54 | -0.80 |
Drawdowns
TCON.TO vs. GRO.TO - Drawdown Comparison
The maximum TCON.TO drawdown since its inception was -16.43%, which is greater than GRO.TO's maximum drawdown of -12.96%. Use the drawdown chart below to compare losses from any high point for TCON.TO and GRO.TO.
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Drawdown Indicators
| TCON.TO | GRO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.43% | -12.96% | -3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -5.81% | +0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -6.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.43% | — | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.19% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -1.25% | -2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 1.22% | -0.04% |
Volatility
TCON.TO vs. GRO.TO - Volatility Comparison
The current volatility for TD Conservative ETF Portfolio (TCON.TO) is 1.98%, while Franklin Growth ETF Portfolio (GRO.TO) has a volatility of 3.33%. This indicates that TCON.TO experiences smaller price fluctuations and is considered to be less risky than GRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TCON.TO | GRO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.98% | 3.33% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 5.27% | 6.61% | -1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.30% | 7.88% | -1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.78% | 11.89% | -4.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.56% | 11.89% | -4.33% |
Dividends
TCON.TO vs. GRO.TO - Dividend Comparison
TCON.TO's dividend yield for the trailing twelve months is around 2.62%, more than GRO.TO's 2.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GRO.TO Franklin Growth ETF Portfolio | 2.13% | 2.04% | 1.50% | 0.00% | 0.00% | 0.00% | 0.00% |
TCON.TO TD Conservative ETF Portfolio | 2.62% | 2.88% | 3.48% | 3.27% | 2.69% | 1.87% | 1.03% |
Frequently Asked Questions
TCON.TO and GRO.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.
They also come from different issuers: TD and Franklin Templeton.
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