PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
TECI.TO vs. TEC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TECI.TO vs. TEC

Last updated Jun 4, 2026

TECI.TO (TD Global Technology Innovators Index ETF) and TEC (Harbor Transformative Technologies ETF) are both Technology Equities funds. TECI.TO is passively managed, while TEC is actively managed. Over the past year, TECI.TO returned 75.88% vs 43.35% for TEC. A 0.79 correlation means they provide meaningful diversification when combined. TECI.TO charges 0.50%/yr vs 0.69%/yr for TEC.

Performance

TECI.TO vs. TEC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Global Technology Innovators Index ETF (TECI.TO) and Harbor Transformative Technologies ETF (TEC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

TECI.TO is traded in CAD, while TEC is traded in USD. To make them comparable, the TEC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TECI.TO achieves a 47.65% return, which is significantly higher than TEC's 21.91% return.

TECI.TO

1D
0.60%
1M
16.61%
YTD
47.65%
6M
43.71%
1Y
75.88%
3Y*
36.50%
5Y*
—
10Y*
—

TEC

1D
-0.85%
1M
14.10%
YTD
21.91%
6M
17.85%
1Y
43.35%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

TECI.TO vs. TEC - Yearly Performance Comparison

2026 (YTD)2025
TECI.TO
TD Global Technology Innovators Index ETF		47.65%43.71%
TEC
Harbor Transformative Technologies ETF		21.91%43.75%

Correlation

The correlation between TECI.TO and TEC is 0.78, 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

0.78

Correlation (All Time)
Calculated using the full available price history since Apr 21, 2025

0.79

The correlation between TECI.TO and TEC has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

TD Global Technology Innovators Index ETF

Harbor Transformative Technologies ETF

Often compared with TECI.TO:
TECI.TO vs. TECH.TOTECI.TO vs. FINN.NEOTECI.TO vs. TEC.TOTECI.TO vs. QMVP.TOTECI.TO vs. CIAI.TOTECI.TO vs. TBNK.TOTECI.TO vs. QQQT.TO
Often compared with TEC:
TEC vs. XTTEC vs. HAPSTEC vs. VGTTEC vs. FTXLTEC vs. FTECTEC vs. SIHYTEC vs. ARMH

Return for Risk

TECI.TO vs. TEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TECI.TO
TECI.TO Risk / Return Rank: 8787
Overall Rank
TECI.TO Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
TECI.TO Sortino Ratio Rank: 8484
Sortino Ratio Rank
TECI.TO Omega Ratio Rank: 8080
Omega Ratio Rank
TECI.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
TECI.TO Martin Ratio Rank: 8888
Martin Ratio Rank
TEC
TEC Risk / Return Rank: 5555
Overall Rank
TEC Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
TEC Sortino Ratio Rank: 5858
Sortino Ratio Rank
TEC Omega Ratio Rank: 5858
Omega Ratio Rank
TEC Calmar Ratio Rank: 4949
Calmar Ratio Rank
TEC Martin Ratio Rank: 4545
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TECI.TO vs. TEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Innovators Index ETF (TECI.TO) and Harbor Transformative Technologies ETF (TEC). 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.

TECI.TOTECDifference
Sharpe ratioReturn per unit of total volatility
3.07
2.22

+0.85

Sortino ratioReturn per unit of downside risk
3.77
2.86

+0.91

Omega ratioGain probability vs. loss probability

1.48

1.38

+0.10

Calmar ratioReturn relative to maximum drawdown

6.40

2.47

+3.92

Martin ratioReturn relative to average drawdown

19.15

6.90

+12.25

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECI.TO vs. TEC - Sharpe Ratio Comparison

The current TECI.TO Sharpe Ratio is 3.07, which is higher than the TEC Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of TECI.TO and TEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

TECI.TOTECDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.07

2.22

+0.85

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

3.12

-2.70

Drawdowns

TECI.TO vs. TEC - Drawdown Comparison

The maximum TECI.TO drawdown since its inception was -54.94%, which is greater than TEC's maximum drawdown of -17.62%. Use the drawdown chart below to compare losses from any high point for TECI.TO and TEC.

Loading charts...

Drawdown Indicators

TECI.TOTECDifference

Max Drawdown

Largest peak-to-trough decline

-54.94%

-17.62%

-37.32%

Max Drawdown (1Y)

Largest decline over 1 year

-11.92%

-17.62%

+5.70%

Max Drawdown (3Y)

Largest decline over 3 years

-26.77%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.85%

+0.85%

Average Drawdown

Average peak-to-trough decline

-22.84%

-3.93%

-18.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.98%

6.30%

-2.32%

Volatility

TECI.TO vs. TEC - Volatility Comparison

TD Global Technology Innovators Index ETF (TECI.TO) has a higher volatility of 7.37% compared to Harbor Transformative Technologies ETF (TEC) at 5.12%. This indicates that TECI.TO's price experiences larger fluctuations and is considered to be riskier than TEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

TECI.TOTECDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.37%

5.12%

+2.25%

Volatility (6M)

Calculated over the trailing 6-month period

20.55%

15.08%

+5.47%

Volatility (1Y)

Calculated over the trailing 1-year period

24.91%

19.67%

+5.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.42%

20.88%

+8.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.42%

20.88%

+8.54%

TECI.TO vs. TEC - Expense Ratio Comparison

TECI.TO has a 0.50% expense ratio, which is lower than TEC's 0.69% expense ratio.

Dividends

TECI.TO vs. TEC - Dividend Comparison

TECI.TO's dividend yield for the trailing twelve months is around 0.07%, while TEC has not paid dividends to shareholders.

PositionTTM2025202420232022
TEC
Harbor Transformative Technologies ETF		0.00%0.00%0.00%0.00%0.00%
TECI.TO
TD Global Technology Innovators Index ETF		0.07%0.10%0.43%0.55%0.77%

Frequently Asked Questions

TECI.TO and TEC have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, TECI.TO is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

TECI.TO is cheaper with a 0.50% expense ratio, compared with 0.69% for TEC.

They also come from different issuers: TD and Harbor. Their fees differ too: 0.50% for TECI.TO and 0.69% for TEC.

Portfolio Optimizer

Find the right allocation for TECI.TO and TEC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer