TEC.TO vs. PLTR
TEC.TO (TD Global Technology Leaders Index ETF) is Technology Equities fund tracking the Solactive Global Technology Leaders Index (CA NTR), while PLTR (Palantir Technologies Inc.) is a stock. Over the past 5 years, TEC.TO returned 18.75%/yr vs 43.07%/yr for PLTR. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
TEC.TO vs. PLTR - Performance Comparison
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Different Trading Currencies
TEC.TO is traded in CAD, while PLTR is traded in USD. To make them comparable, the PLTR 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 higher than PLTR's -26.53% 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*
- —
PLTR
- 1D
- -2.18%
- 1M
- -2.75%
- YTD
- -26.53%
- 6M
- -29.28%
- 1Y
- -4.27%
- 3Y*
- 102.99%
- 5Y*
- 43.07%
- 10Y*
- —
TEC.TO vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TEC.TO TD Global Technology Leaders Index ETF | 12.77% | 15.45% | 45.60% | 53.28% | -32.20% | 25.46% | 8.47% |
PLTR Palantir Technologies Inc. | -26.53% | 124.30% | 377.77% | 161.08% | -62.51% | -22.71% | 124.36% |
Correlation
The correlation between TEC.TO and PLTR is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.53 |
The correlation between TEC.TO and PLTR has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.
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Return for Risk
TEC.TO vs. PLTR — Risk / Return Rank
TEC.TO
PLTR
TEC.TO vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Leaders Index ETF (TEC.TO) and Palantir Technologies Inc. (PLTR). 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 | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.94 | ||
| Sortino ratioReturn per unit of downside risk | +2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.03 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | -0.08 | +1.98 |
| Martin ratioReturn relative to average drawdown | 5.59 | -0.15 | +5.74 |
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Drawdowns
TEC.TO vs. PLTR - Drawdown Comparison
The maximum TEC.TO drawdown since its inception was -35.31%, smaller than the maximum PLTR drawdown of -83.57%. Use the drawdown chart below to compare losses from any high point for TEC.TO and PLTR.
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Drawdown Indicators
| TEC.TO | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.31% | -83.57% | +48.26% |
Max Drawdown (1Y)Largest decline over 1 year | -17.52% | -39.63% | +22.11% |
Max Drawdown (3Y)Largest decline over 3 years | -25.01% | -41.05% | +16.04% |
Max Drawdown (5Y)Largest decline over 5 years | -35.31% | -77.89% | +42.58% |
Current DrawdownCurrent decline from peak | -5.07% | -38.41% | +33.34% |
Average DrawdownAverage peak-to-trough decline | -8.03% | -39.52% | +31.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.95% | 22.11% | -16.16% |
Volatility
TEC.TO vs. PLTR - Volatility Comparison
The current volatility for TD Global Technology Leaders Index ETF (TEC.TO) is 7.15%, while Palantir Technologies Inc. (PLTR) has a volatility of 16.93%. This indicates that TEC.TO experiences smaller price fluctuations and is considered to be less risky than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEC.TO | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.15% | 16.93% | -9.78% |
Volatility (6M)Calculated over the trailing 6-month period | 14.11% | 38.57% | -24.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.72% | 50.96% | -33.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.45% | 65.41% | -42.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.83% | 69.83% | -46.00% |
Dividends
TEC.TO vs. PLTR - Dividend Comparison
TEC.TO's dividend yield for the trailing twelve months is around 0.10%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TEC.TO TD Global Technology Leaders Index ETF | 0.10% | 0.13% | 0.12% | 0.21% | 0.31% | 0.22% | 0.33% | 0.28% |
Frequently Asked Questions
TEC.TO and PLTR have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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