TEC.TO vs. TLF.TO
TEC.TO (TD Global Technology Leaders Index ETF) and TLF.TO (Brompton Tech Leaders Income ETF) are both Technology Equities funds. TEC.TO is passively managed, while TLF.TO is actively managed. Over the past 5 years, TEC.TO returned 17.40%/yr vs 17.07%/yr for TLF.TO. A 0.79 correlation means they provide meaningful diversification when combined.
Performance
TEC.TO vs. TLF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TEC.TO achieves a 15.77% return, which is significantly lower than TLF.TO's 27.21% return.
TEC.TO
- 1D
- 0.47%
- 1M
- -0.52%
- 6M
- 14.54%
- YTD
- 15.77%
- 1Y
- 29.05%
- 3Y*
- 28.19%
- 5Y*
- 17.40%
- 10Y*
- —
TLF.TO
- 1D
- -1.40%
- 1M
- -3.87%
- 6M
- 25.65%
- YTD
- 27.21%
- 1Y
- 38.85%
- 3Y*
- 26.00%
- 5Y*
- 17.07%
- 10Y*
- 21.83%
TEC.TO vs. TLF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TEC.TO TD Global Technology Leaders Index ETF | 15.77% | 15.45% | 45.60% | 53.28% | -32.20% | 25.46% | 47.54% | 12.79% |
TLF.TO Brompton Tech Leaders Income ETF | 27.21% | 18.20% | 21.45% | 49.36% | -30.09% | 31.51% | 38.89% | 14.50% |
Correlation
The correlation between TEC.TO and TLF.TO is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since May 9, 2019 | 0.79 |
The correlation between TEC.TO and TLF.TO has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.
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Return for Risk
TEC.TO vs. TLF.TO — Risk / Return Rank
TEC.TO
TLF.TO
TEC.TO vs. TLF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Leaders Index ETF (TEC.TO) and Brompton Tech Leaders Income ETF (TLF.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.
| TEC.TO | TLF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.29 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 2.65 | -0.98 |
| Martin ratioReturn relative to average drawdown | 4.83 | 9.20 | -4.37 |
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Drawdowns
TEC.TO vs. TLF.TO - Drawdown Comparison
The maximum TEC.TO drawdown since its inception was -35.31%, smaller than the maximum TLF.TO drawdown of -37.19%. Use the drawdown chart below to compare losses from any high point for TEC.TO and TLF.TO.
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Drawdown Indicators
| TEC.TO | TLF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.31% | -37.19% | +1.88% |
Max Drawdown (1Y)Largest decline over 1 year | -17.52% | -14.73% | -2.79% |
Max Drawdown (3Y)Largest decline over 3 years | -25.01% | -24.99% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -35.31% | -37.19% | +1.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.19% | — |
Current DrawdownCurrent decline from peak | -2.54% | -6.84% | +4.30% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -7.35% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.03% | 4.24% | +1.79% |
Volatility
TEC.TO vs. TLF.TO - Volatility Comparison
The current volatility for TD Global Technology Leaders Index ETF (TEC.TO) is 6.15%, while Brompton Tech Leaders Income ETF (TLF.TO) has a volatility of 13.38%. This indicates that TEC.TO experiences smaller price fluctuations and is considered to be less risky than TLF.TO 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 | TLF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.15% | 13.38% | -7.23% |
Volatility (6M)Calculated over the trailing 6-month period | 15.05% | 21.66% | -6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.66% | 24.42% | -5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.61% | 25.80% | -3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.81% | 24.20% | -0.39% |
Dividends
TEC.TO vs. TLF.TO - Dividend Comparison
TEC.TO's dividend yield for the trailing twelve months is around 0.08%, less than TLF.TO's 5.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEC.TO TD Global Technology Leaders Index ETF | 0.08% | 0.13% | 0.12% | 0.21% | 0.31% | 0.22% | 0.33% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% |
TLF.TO Brompton Tech Leaders Income ETF | 5.41% | 5.90% | 5.86% | 5.31% | 6.97% | 3.40% | 3.49% | 4.64% | 6.05% | 5.94% | 7.67% | 7.63% |
Frequently Asked Questions
TEC.TO and TLF.TO have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: TD and Brompton.
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