TECH.TO vs. TLF.TO
TECH.TO (Evolve FANGMA Index ETF Hedged CAD) and TLF.TO (Brompton Tech Leaders Income ETF) are both Technology Equities funds. TECH.TO is passively managed, while TLF.TO is actively managed. Over the past 5 years, TECH.TO returned 13.50%/yr vs 17.07%/yr for TLF.TO. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
TECH.TO vs. TLF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TECH.TO achieves a 1.30% return, which is significantly lower than TLF.TO's 27.21% return.
TECH.TO
- 1D
- 2.74%
- 1M
- 2.80%
- 6M
- 2.94%
- YTD
- 1.30%
- 1Y
- 9.38%
- 3Y*
- 22.52%
- 5Y*
- 13.50%
- 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%
TECH.TO vs. TLF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TECH.TO Evolve FANGMA Index ETF Hedged CAD | 1.30% | 18.19% | 40.22% | 80.38% | -43.52% | 20.13% |
TLF.TO Brompton Tech Leaders Income ETF | 27.21% | 18.20% | 21.45% | 49.36% | -30.09% | 22.34% |
Correlation
The correlation between TECH.TO and TLF.TO is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 6, 2021 | 0.70 |
Over the past year, the correlation between TECH.TO and TLF.TO has dropped to 0.50 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.
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Return for Risk
TECH.TO vs. TLF.TO — Risk / Return Rank
TECH.TO
TLF.TO
TECH.TO vs. TLF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve FANGMA Index ETF Hedged CAD (TECH.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.
| TECH.TO | TLF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.29 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 2.65 | -2.08 |
| Martin ratioReturn relative to average drawdown | 1.57 | 9.20 | -7.62 |
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Drawdowns
TECH.TO vs. TLF.TO - Drawdown Comparison
The maximum TECH.TO drawdown since its inception was -47.92%, which is greater than TLF.TO's maximum drawdown of -37.19%. Use the drawdown chart below to compare losses from any high point for TECH.TO and TLF.TO.
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Drawdown Indicators
| TECH.TO | TLF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.92% | -37.19% | -10.73% |
Max Drawdown (1Y)Largest decline over 1 year | -16.60% | -14.73% | -1.87% |
Max Drawdown (3Y)Largest decline over 3 years | -24.14% | -24.99% | +0.85% |
Max Drawdown (5Y)Largest decline over 5 years | -47.92% | -37.19% | -10.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.19% | — |
Current DrawdownCurrent decline from peak | -3.80% | -6.84% | +3.04% |
Average DrawdownAverage peak-to-trough decline | -12.22% | -7.35% | -4.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.98% | 4.24% | +1.74% |
Volatility
TECH.TO vs. TLF.TO - Volatility Comparison
The current volatility for Evolve FANGMA Index ETF Hedged CAD (TECH.TO) is 8.26%, while Brompton Tech Leaders Income ETF (TLF.TO) has a volatility of 13.38%. This indicates that TECH.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
| TECH.TO | TLF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 13.38% | -5.12% |
Volatility (6M)Calculated over the trailing 6-month period | 15.11% | 21.66% | -6.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.12% | 24.42% | -5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.77% | 25.80% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.46% | 24.20% | +2.26% |
Dividends
TECH.TO vs. TLF.TO - Dividend Comparison
TECH.TO's dividend yield for the trailing twelve months is around 0.09%, less than TLF.TO's 5.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TECH.TO Evolve FANGMA Index ETF Hedged CAD | 0.09% | 0.09% | 0.12% | 0.20% | 0.35% | 0.17% | 0.00% | 0.00% | 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
TECH.TO and TLF.TO 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.
They also come from different issuers: Evolve and Brompton.
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