TEC.TO vs. SMCI
TEC.TO (TD Global Technology Leaders Index ETF) is Technology Equities fund tracking the Solactive Global Technology Leaders Index (CA NTR), while SMCI (Super Micro Computer, Inc.) is a stock. Over the past 5 years, TEC.TO returned 18.75%/yr vs 57.21%/yr for SMCI. At a 0.42 correlation, their price movements are largely independent.
Performance
TEC.TO vs. SMCI - Performance Comparison
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Different Trading Currencies
TEC.TO is traded in CAD, while SMCI is traded in USD. To make them comparable, the SMCI 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 SMCI's 6.18% 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*
- —
SMCI
- 1D
- -4.55%
- 1M
- -5.98%
- YTD
- 6.18%
- 6M
- -4.44%
- 1Y
- -24.68%
- 3Y*
- 9.25%
- 5Y*
- 57.21%
- 10Y*
- 28.87%
TEC.TO vs. SMCI - 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% |
SMCI Super Micro Computer, Inc. | 6.18% | -8.35% | 16.30% | 238.00% | 98.64% | 38.75% | 28.68% | 9.35% |
Correlation
The correlation between TEC.TO and SMCI is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since May 9, 2019 | 0.42 |
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Return for Risk
TEC.TO vs. SMCI — Risk / Return Rank
TEC.TO
SMCI
TEC.TO vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Leaders Index ETF (TEC.TO) and Super Micro Computer, Inc. (SMCI). 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 | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.21 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.01 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | -0.43 | +2.33 |
| Martin ratioReturn relative to average drawdown | 5.59 | -0.72 | +6.31 |
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Drawdowns
TEC.TO vs. SMCI - Drawdown Comparison
The maximum TEC.TO drawdown since its inception was -35.31%, smaller than the maximum SMCI drawdown of -84.28%. Use the drawdown chart below to compare losses from any high point for TEC.TO and SMCI.
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Drawdown Indicators
| TEC.TO | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.31% | -84.28% | +48.97% |
Max Drawdown (1Y)Largest decline over 1 year | -17.52% | -66.28% | +48.76% |
Max Drawdown (3Y)Largest decline over 3 years | -25.01% | -84.28% | +59.27% |
Max Drawdown (5Y)Largest decline over 5 years | -35.31% | -84.28% | +48.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.28% | — |
Current DrawdownCurrent decline from peak | -5.07% | -73.45% | +68.38% |
Average DrawdownAverage peak-to-trough decline | -8.03% | -30.81% | +22.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.95% | 39.26% | -33.31% |
Volatility
TEC.TO vs. SMCI - Volatility Comparison
The current volatility for TD Global Technology Leaders Index ETF (TEC.TO) is 7.15%, while Super Micro Computer, Inc. (SMCI) has a volatility of 44.34%. This indicates that TEC.TO experiences smaller price fluctuations and is considered to be less risky than SMCI 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 | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.15% | 44.34% | -37.19% |
Volatility (6M)Calculated over the trailing 6-month period | 14.11% | 76.40% | -62.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.72% | 85.36% | -67.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.45% | 86.78% | -64.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.83% | 71.45% | -47.62% |
Dividends
TEC.TO vs. SMCI - Dividend Comparison
TEC.TO's dividend yield for the trailing twelve months is around 0.10%, while SMCI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SMCI Super Micro Computer, 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 SMCI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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