TEC.TO vs. IAG.TO
Compare and contrast key facts about TD Global Technology Leaders Index ETF (TEC.TO) and iA Financial Corporation Inc. (IAG.TO).
TEC.TO is a passively managed fund by TD that tracks the performance of the Solactive Global Technology Leaders Index. It was launched on Mar 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TEC.TO or IAG.TO.
Correlation
The correlation between TEC.TO and IAG.TO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TEC.TO vs. IAG.TO - Performance Comparison
Key characteristics
TEC.TO:
2.03
IAG.TO:
2.19
TEC.TO:
2.69
IAG.TO:
3.48
TEC.TO:
1.36
IAG.TO:
1.52
TEC.TO:
2.80
IAG.TO:
0.54
TEC.TO:
9.90
IAG.TO:
10.40
TEC.TO:
3.93%
IAG.TO:
5.23%
TEC.TO:
19.16%
IAG.TO:
24.83%
TEC.TO:
-35.31%
IAG.TO:
-100.00%
TEC.TO:
-1.86%
IAG.TO:
-99.98%
Returns By Period
The year-to-date returns for both investments are quite close, with TEC.TO having a 2.00% return and IAG.TO slightly higher at 2.09%.
TEC.TO
2.00%
1.20%
19.07%
39.64%
22.05%
N/A
IAG.TO
2.09%
2.00%
47.95%
53.50%
17.40%
16.61%
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Risk-Adjusted Performance
TEC.TO vs. IAG.TO — Risk-Adjusted Performance Rank
TEC.TO
IAG.TO
TEC.TO vs. IAG.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Leaders Index ETF (TEC.TO) and iA Financial Corporation Inc. (IAG.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.
Dividends
TEC.TO vs. IAG.TO - Dividend Comparison
TEC.TO's dividend yield for the trailing twelve months is around 0.12%, less than IAG.TO's 2.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEC.TO TD Global Technology Leaders Index ETF | 0.12% | 0.12% | 0.21% | 0.31% | 0.22% | 0.33% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IAG.TO iA Financial Corporation Inc. | 2.47% | 2.52% | 3.31% | 3.31% | 2.90% | 3.55% | 2.47% | 3.65% | 2.39% | 2.36% | 2.63% | 2.39% |
Drawdowns
TEC.TO vs. IAG.TO - Drawdown Comparison
The maximum TEC.TO drawdown since its inception was -35.31%, smaller than the maximum IAG.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for TEC.TO and IAG.TO. For additional features, visit the drawdowns tool.
Volatility
TEC.TO vs. IAG.TO - Volatility Comparison
TD Global Technology Leaders Index ETF (TEC.TO) has a higher volatility of 6.72% compared to iA Financial Corporation Inc. (IAG.TO) at 4.17%. This indicates that TEC.TO's price experiences larger fluctuations and is considered to be riskier than IAG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.