TEC.TO vs. CRS

Last updated Jun 14, 2026

TEC.TO (TD Global Technology Leaders Index ETF) is Technology Equities fund tracking the Solactive Global Technology Leaders Index (CA NTR), while CRS (Carpenter Technology Corporation) is a stock. Over the past 5 years, TEC.TO returned 18.75%/yr vs 73.21%/yr for CRS. At a 0.30 correlation, their price movements are largely independent.

Performance

TEC.TO vs. CRS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Global Technology Leaders Index ETF (TEC.TO) and Carpenter Technology Corporation (CRS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TEC.TO is traded in CAD, while CRS is traded in USD. To make them comparable, the CRS values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TEC.TO achieves a 12.77% return, which is significantly lower than CRS's 82.15% return.

TEC.TO

• 1D: 0.39%
• 1M: 0.89%
• YTD: 12.77%
• 6M: 13.20%
• 1Y: 35.38%
• 3Y*: 28.56%
• 5Y*: 18.75%
• 10Y*: —

CRS

• 1D: 0.01%
• 1M: 33.26%
• YTD: 82.15%
• 6M: 77.25%
• 1Y: 132.62%
• 3Y*: 125.01%
• 5Y*: 73.21%
• 10Y*: 36.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TEC.TO vs. CRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TEC.TO TD Global Technology Leaders Index ETF	12.77%	15.45%	45.60%	53.28%	-32.20%	25.46%	47.54%	12.79%
CRS Carpenter Technology Corporation	82.15%	77.73%	162.19%	89.86%	37.70%	2.61%	-40.87%	-2.06%

Correlation

The correlation between TEC.TO and CRS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since May 9, 2019	0.30

Return for Risk

TEC.TO vs. CRS — Risk / Return Rank

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

TEC.TO

TEC.TO Risk / Return Rank: 54
TEC.TO Sharpe Ratio Rank: 66
TEC.TO Sortino Ratio Rank: 59
TEC.TO Omega Ratio Rank: 62
TEC.TO Calmar Ratio Rank: 43
TEC.TO Martin Ratio Rank: 40

CRS

CRS Risk / Return Rank: 93
CRS Sharpe Ratio Rank: 94
CRS Sortino Ratio Rank: 93
CRS Omega Ratio Rank: 92
CRS Calmar Ratio Rank: 95
CRS Martin Ratio Rank: 94

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.

TEC.TO vs. CRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Leaders Index ETF (TEC.TO) and Carpenter Technology Corporation (CRS). 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.

	TEC.TO	CRS	Difference
Sharpe ratio: Return per unit of total volatility	1.88	2.74	-0.86
Sortino ratio: Return per unit of downside risk	2.43	3.50	-1.07
Omega ratio: Gain probability vs. loss probability	1.33	1.44	-0.12
Calmar ratio: Return relative to maximum drawdown	1.90	7.31	-5.40
Martin ratio: Return relative to average drawdown	5.59	16.98	-11.38

TEC.TO vs. CRS - Sharpe Ratio Comparison

The current TEC.TO Sharpe Ratio is 1.88, which is lower than the CRS Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of TEC.TO and CRS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TEC.TO vs. CRS - Drawdown Comparison

The maximum TEC.TO drawdown since its inception was -35.31%, smaller than the maximum CRS drawdown of -80.29%. Use the drawdown chart below to compare losses from any high point for TEC.TO and CRS.

Drawdown Indicators

	TEC.TO	CRS	Difference
Max Drawdown Largest peak-to-trough decline	-35.31%	-80.29%	+44.98%
Max Drawdown (1Y) Largest decline over 1 year	-17.52%	-18.13%	+0.61%
Max Drawdown (3Y) Largest decline over 3 years	-25.01%	-30.12%	+5.11%
Max Drawdown (5Y) Largest decline over 5 years	-35.31%	-39.85%	+4.54%
Max Drawdown (10Y) Largest decline over 10 years	—	-71.83%	—
Current Drawdown Current decline from peak	-5.07%	0.00%	-5.07%
Average Drawdown Average peak-to-trough decline	-8.03%	-25.96%	+17.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.95%	7.79%	-1.84%

Volatility

TEC.TO vs. CRS - Volatility Comparison

The current volatility for TD Global Technology Leaders Index ETF (TEC.TO) is 7.15%, while Carpenter Technology Corporation (CRS) has a volatility of 12.72%. This indicates that TEC.TO experiences smaller price fluctuations and is considered to be less risky than CRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEC.TO	CRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.15%	12.72%	-5.57%
Volatility (6M) Calculated over the trailing 6-month period	14.11%	34.05%	-19.94%
Volatility (1Y) Calculated over the trailing 1-year period	17.72%	48.27%	-30.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	47.09%	-24.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.83%	49.28%	-25.45%

Dividends

TEC.TO vs. CRS - Dividend Comparison

TEC.TO's dividend yield for the trailing twelve months is around 0.10%, less than CRS's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRS Carpenter Technology Corporation	0.14%	0.25%	0.47%	1.13%	2.17%	2.74%	2.75%	1.61%	2.13%	1.41%	1.99%	2.38%
TEC.TO TD Global Technology Leaders Index ETF	0.10%	0.13%	0.12%	0.21%	0.31%	0.22%	0.33%	0.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEC.TO and CRS in my portfolio?

TEC.TO and CRS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.