TDOC.TO vs. ZHU.TO
TDOC.TO (TD Global Healthcare Leaders Index ETF) and ZHU.TO (BMO Equal Weight US Health Care Index ETF) are both Health & Biotech Equities funds. Over the past 5 years, TDOC.TO returned 5.10%/yr vs 1.91%/yr for ZHU.TO. At a 0.44 correlation, their price movements are largely independent.
Performance
TDOC.TO vs. ZHU.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TDOC.TO achieves a 0.57% return, which is significantly lower than ZHU.TO's 7.61% 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*
- —
ZHU.TO
- 1D
- -1.97%
- 1M
- 6.46%
- 6M
- 4.51%
- YTD
- 7.61%
- 1Y
- 20.80%
- 3Y*
- 5.46%
- 5Y*
- 1.91%
- 10Y*
- —
TDOC.TO vs. ZHU.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% |
ZHU.TO BMO Equal Weight US Health Care Index ETF | 7.61% | 3.43% | 5.43% | -1.57% | -9.75% | 13.59% |
Correlation
The correlation between TDOC.TO and ZHU.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.44 |
The correlation between TDOC.TO and ZHU.TO shifts across timeframes, from 0.25 (1 year) to 0.44 (all time), 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
TDOC.TO vs. ZHU.TO — Risk / Return Rank
TDOC.TO
ZHU.TO
TDOC.TO vs. ZHU.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 BMO Equal Weight US Health Care Index ETF (ZHU.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 | ZHU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.22 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.91 | -0.82 |
| Martin ratioReturn relative to average drawdown | 2.58 | 4.20 | -1.62 |
Loading charts...
Drawdowns
TDOC.TO vs. ZHU.TO - Drawdown Comparison
The maximum TDOC.TO drawdown since its inception was -17.52%, smaller than the maximum ZHU.TO drawdown of -27.25%. Use the drawdown chart below to compare losses from any high point for TDOC.TO and ZHU.TO.
Loading charts...
Drawdown Indicators
| TDOC.TO | ZHU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.52% | -27.25% | +9.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -10.95% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -12.66% | -21.51% | +8.85% |
Max Drawdown (5Y)Largest decline over 5 years | -17.52% | -27.25% | +9.73% |
Current DrawdownCurrent decline from peak | -4.61% | -4.08% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -8.79% | +3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 4.97% | -0.03% |
Volatility
TDOC.TO vs. ZHU.TO - Volatility Comparison
The current volatility for TD Global Healthcare Leaders Index ETF (TDOC.TO) is 5.09%, while BMO Equal Weight US Health Care Index ETF (ZHU.TO) has a volatility of 5.62%. This indicates that TDOC.TO experiences smaller price fluctuations and is considered to be less risky than ZHU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TDOC.TO | ZHU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.09% | 5.62% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 10.73% | 12.83% | -2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 17.64% | -3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.07% | 16.26% | -3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.93% | 17.61% | -4.68% |
Dividends
TDOC.TO vs. ZHU.TO - Dividend Comparison
TDOC.TO's dividend yield for the trailing twelve months is around 1.19%, more than ZHU.TO's 0.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
TDOC.TO TD Global Healthcare Leaders Index ETF | 1.19% | 1.09% | 3.68% | 0.98% | 1.16% | 0.60% | 0.00% | 0.00% |
ZHU.TO BMO Equal Weight US Health Care Index ETF | 0.50% | 0.54% | 0.58% | 0.97% | 0.43% | 0.13% | 0.37% | 0.17% |
Frequently Asked Questions
TDOC.TO and ZHU.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for TDOC.TO and ZHU.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