TECI.TO vs. TILV.TO

Last updated Aug 4, 2026

TECI.TO (TD Global Technology Innovators Index ETF) and TILV.TO (TD Q International Low Volatility ETF) are both exchange-traded funds - TECI.TO is a Technology Equities fund tracking the Solactive Global Technology Innovators Index (CA NTR), while TILV.TO is a Foreign Large Cap Equities fund actively managed by TD. TECI.TO is passively managed, while TILV.TO is actively managed. Over the past 3 years, TECI.TO returned 29.01%/yr vs 17.57%/yr for TILV.TO. Their 0.12 correlation means their historical movements had little consistent relationship. TECI.TO charges 0.50%/yr vs 0.40%/yr for TILV.TO.

Performance

TECI.TO vs. TILV.TO - 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 TD Q International Low Volatility ETF (TILV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TECI.TO achieves a 33.90% return, which is significantly higher than TILV.TO's 14.97% return.

TECI.TO

• 1D: 1.96%
• 1M: -7.25%
• 6M: 30.99%
• YTD: 33.90%
• 1Y: 53.97%
• 3Y*: 29.01%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.21%

TILV.TO

• 1D: -0.69%
• 1M: 3.43%
• 6M: 10.58%
• YTD: 14.97%
• 1Y: 21.20%
• 3Y*: 17.57%
• 5Y*: 11.35%
• 10Y*: —
• ALL TIME*: 8.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TECI.TO TD Global Technology Innovators Index ETF	CA$209.40K	CA$264.18K	CA$285.88K
TILV.TO TD Q International Low Volatility ETF	CA$234.40K	CA$203.52K	CA$211.97K

TECI.TO vs. TILV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TECI.TO TD Global Technology Innovators Index ETF	33.90%	21.96%	28.21%	40.27%	-45.55%	-5.69%
TILV.TO TD Q International Low Volatility ETF	14.97%	19.69%	13.23%	9.74%	-5.66%	4.22%

Correlation

The correlation between TECI.TO and TILV.TO is 0.11, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.11
Correlation (3Y) Balances recent behavior with more history.	0.09
Correlation (All Time) Calculated using the full available price history since Nov 30, 2021	0.12

Return for Risk

TECI.TO vs. TILV.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TECI.TO

TECI.TO Risk / Return Rank: 68
TECI.TO Sharpe Ratio Rank: 69
TECI.TO Sortino Ratio Rank: 62
TECI.TO Omega Ratio Rank: 62
TECI.TO Calmar Ratio Rank: 75
TECI.TO Martin Ratio Rank: 73

TILV.TO

TILV.TO Risk / Return Rank: 82
TILV.TO Sharpe Ratio Rank: 85
TILV.TO Sortino Ratio Rank: 82
TILV.TO Omega Ratio Rank: 86
TILV.TO Calmar Ratio Rank: 83
TILV.TO Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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

This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Innovators Index ETF (TECI.TO) and TD Q International Low Volatility ETF (TILV.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.

	TECI.TO	TILV.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.99	-0.32
Sortino ratio: Return per unit of downside risk	2.17	2.70	-0.53
Omega ratio: Gain probability vs. loss probability	1.28	1.38	-0.10
Calmar ratio: Return relative to maximum drawdown	2.75	3.13	-0.38
Martin ratio: Return relative to average drawdown	9.49	9.57	-0.08

TECI.TO vs. TILV.TO - Sharpe Ratio Comparison

The current TECI.TO Sharpe Ratio is 1.66, which is comparable to the TILV.TO Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of TECI.TO and TILV.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TECI.TO vs. TILV.TO - Drawdown Comparison

The maximum TECI.TO drawdown since its inception was -55.35%, which is greater than TILV.TO's maximum drawdown of -27.24%. Use the drawdown chart below to compare losses from any high point for TECI.TO and TILV.TO.

Drawdown Indicators

	TECI.TO	TILV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-55.35%	-27.24%	-28.11%
Max Drawdown (1Y) Largest decline over 1 year	-18.18%	-7.11%	-11.07%
Max Drawdown (3Y) Largest decline over 3 years	-26.77%	-7.62%	-19.15%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.01%	—
Current Drawdown Current decline from peak	-13.18%	-0.69%	-12.49%
Average Drawdown Average peak-to-trough decline	-22.81%	-4.44%	-18.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.26%	2.32%	+2.94%

Volatility

TECI.TO vs. TILV.TO - Volatility Comparison

TD Global Technology Innovators Index ETF (TECI.TO) has a higher volatility of 9.96% compared to TD Q International Low Volatility ETF (TILV.TO) at 2.34%. This indicates that TECI.TO's price experiences larger fluctuations and is considered to be riskier than TILV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECI.TO	TILV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.96%	2.34%	+7.62%
Volatility (6M) Calculated over the trailing 6-month period	25.59%	9.58%	+16.01%
Volatility (1Y) Calculated over the trailing 1-year period	30.04%	11.20%	+18.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.08%	11.89%	+18.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.08%	13.42%	+16.66%

TECI.TO vs. TILV.TO - Expense Ratio Comparison

TECI.TO has a 0.50% expense ratio, which is higher than TILV.TO's 0.40% expense ratio.

Dividends

TECI.TO vs. TILV.TO - Dividend Comparison

TECI.TO's dividend yield for the trailing twelve months is around 0.07%, less than TILV.TO's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TECI.TO TD Global Technology Innovators Index ETF	0.07%	0.10%	0.43%	0.55%	0.77%	0.00%	0.00%	0.00%
TILV.TO TD Q International Low Volatility ETF	2.80%	3.08%	3.35%	3.52%	2.83%	2.78%	2.99%	2.10%

Frequently Asked Questions

Can I hold both TECI.TO and TILV.TO in my portfolio?

TECI.TO and TILV.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TECI.TO or TILV.TO?

On fees, TILV.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TECI.TO or TILV.TO?

TILV.TO is cheaper with a 0.40% expense ratio, compared with 0.50% for TECI.TO.

What is the main difference between TECI.TO and TILV.TO?

TECI.TO is categorized as Technology Equities, while TILV.TO is Foreign Large Cap Equities. Their fees differ too: 0.50% for TECI.TO and 0.40% for TILV.TO.