TDOC.TO vs. TGRO.TO
TDOC.TO (TD Global Healthcare Leaders Index ETF) and TGRO.TO (TD Growth ETF Portfolio) are both exchange-traded funds - TDOC.TO is a Health & Biotech Equities fund actively managed by TD, while TGRO.TO is a Diversified Portfolio fund actively managed by TD. Both are actively managed. Over the past 5 years, TDOC.TO returned 5.10%/yr vs 12.40%/yr for TGRO.TO. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
TDOC.TO vs. TGRO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TDOC.TO achieves a 0.57% return, which is significantly lower than TGRO.TO's 11.56% return.
TDOC.TO
- 1D
- 0.00%
- 1M
- 3.81%
- 6M
- -3.26%
- YTD
- 0.57%
- 1Y
- 12.75%
- 3Y*
- 6.84%
- 5Y*
- 5.10%
- 10Y*
- —
TGRO.TO
- 1D
- 0.17%
- 1M
- 0.51%
- 6M
- 8.44%
- YTD
- 11.56%
- 1Y
- 24.17%
- 3Y*
- 18.85%
- 5Y*
- 12.40%
- 10Y*
- —
TDOC.TO vs. TGRO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TDOC.TO TD Global Healthcare Leaders Index ETF | 0.57% | 8.36% | 10.24% | 1.71% | -1.37% | 15.59% |
TGRO.TO TD Growth ETF Portfolio | 11.56% | 18.03% | 21.06% | 18.36% | -11.39% | 12.46% |
Correlation
The correlation between TDOC.TO and TGRO.TO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.53 |
The correlation between TDOC.TO and TGRO.TO has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.
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Return for Risk
TDOC.TO vs. TGRO.TO — Risk / Return Rank
TDOC.TO
TGRO.TO
TDOC.TO vs. TGRO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Global Healthcare Leaders Index ETF (TDOC.TO) and TD Growth ETF Portfolio (TGRO.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.
| TDOC.TO | TGRO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.43 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 3.37 | -2.28 |
| Martin ratioReturn relative to average drawdown | 2.58 | 14.54 | -11.95 |
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Drawdowns
TDOC.TO vs. TGRO.TO - Drawdown Comparison
The maximum TDOC.TO drawdown since its inception was -17.52%, roughly equal to the maximum TGRO.TO drawdown of -18.37%. Use the drawdown chart below to compare losses from any high point for TDOC.TO and TGRO.TO.
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Drawdown Indicators
| TDOC.TO | TGRO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.52% | -18.37% | +0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -7.21% | -4.56% |
Max Drawdown (3Y)Largest decline over 3 years | -12.66% | -13.53% | +0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -17.52% | -18.37% | +0.85% |
Current DrawdownCurrent decline from peak | -4.61% | -0.71% | -3.90% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -3.43% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 1.67% | +3.27% |
Volatility
TDOC.TO vs. TGRO.TO - Volatility Comparison
TD Global Healthcare Leaders Index ETF (TDOC.TO) has a higher volatility of 5.09% compared to TD Growth ETF Portfolio (TGRO.TO) at 1.92%. This indicates that TDOC.TO's price experiences larger fluctuations and is considered to be riskier than TGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDOC.TO | TGRO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.09% | 1.92% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 10.73% | 8.59% | +2.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 10.43% | +3.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.07% | 11.80% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.93% | 11.58% | +1.35% |
Dividends
TDOC.TO vs. TGRO.TO - Dividend Comparison
TDOC.TO's dividend yield for the trailing twelve months is around 1.19%, less than TGRO.TO's 1.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
TDOC.TO TD Global Healthcare Leaders Index ETF | 1.19% | 1.09% | 3.68% | 0.98% | 1.16% | 0.60% | 0.00% |
TGRO.TO TD Growth ETF Portfolio | 1.74% | 2.03% | 2.06% | 2.16% | 2.46% | 1.71% | 0.83% |
Frequently Asked Questions
TDOC.TO and TGRO.TO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDOC.TO is categorized as Health & Biotech Equities, while TGRO.TO is Diversified Portfolio.
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