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TGED.TO vs. SPTM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TGED.TO vs. SPTM

Last updated Jun 4, 2026

TGED.TO (TD Active Global Enhanced Dividend ETF) and SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) are both exchange-traded funds - TGED.TO is a Global Equity Income fund actively managed by TD, while SPTM is a Large Cap Blend Equities fund tracking the S&P Composite 1500 Index. TGED.TO is actively managed, while SPTM is passively managed. Over the past 5 years, TGED.TO returned 17.21%/yr vs 16.62%/yr for SPTM. A 0.79 correlation means they provide meaningful diversification when combined. TGED.TO charges 0.72%/yr vs 0.03%/yr for SPTM.

Performance

TGED.TO vs. SPTM - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Active Global Enhanced Dividend ETF (TGED.TO) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, TGED.TO achieves a 18.74% return, which is significantly higher than SPTM's 12.51% return.

TGED.TO

1D
0.46%
1M
7.40%
YTD
18.74%
6M
16.61%
1Y
30.23%
3Y*
26.09%
5Y*
17.21%
10Y*
—

SPTM

1D
-0.27%
1M
6.96%
YTD
12.51%
6M
10.70%
1Y
29.49%
3Y*
23.32%
5Y*
16.62%
10Y*
16.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TGED.TO vs. SPTM - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
TGED.TO
TD Active Global Enhanced Dividend ETF		18.74%10.63%38.60%23.33%-14.27%20.42%19.17%10.07%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		12.51%11.57%34.51%22.78%-11.89%27.41%15.94%8.92%

Correlation

The correlation between TGED.TO and SPTM is 0.75, 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

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.81

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (All Time)
Calculated using the full available price history since May 10, 2019

0.79

The correlation between TGED.TO and SPTM has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

TGED.TO vs. SPTM - Sectors Allocation Comparison

Sectors
TGED.TO
SPTM

Technology

29.5%
34.0%

Industrials

25.5%
9.4%

Financial Services

11.4%
12.1%

Healthcare

10.5%
8.6%

Communication Services

6.4%
10.5%

Energy

5.1%
3.7%

Consumer Cyclical

4.2%
10.3%

Real Estate

3.7%
2.3%

Basic Materials

2.2%
2.0%

Consumer Defensive

1.5%
4.8%

Utilities

0.2%
2.3%

Technology

TGED.TO
29.5%
SPTM
34.0%

Industrials

TGED.TO
25.5%
SPTM
9.4%

Financial Services

TGED.TO
11.4%
SPTM
12.1%

Healthcare

TGED.TO
10.5%
SPTM
8.6%

Communication Services

TGED.TO
6.4%
SPTM
10.5%

Energy

TGED.TO
5.1%
SPTM
3.7%

Consumer Cyclical

TGED.TO
4.2%
SPTM
10.3%

Real Estate

TGED.TO
3.7%
SPTM
2.3%

Basic Materials

TGED.TO
2.2%
SPTM
2.0%

Consumer Defensive

TGED.TO
1.5%
SPTM
4.8%

Utilities

TGED.TO
0.2%
SPTM
2.3%

Compare stocks, funds, or ETFs

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

TD Active Global Enhanced Dividend ETF

SPDR Portfolio S&P 1500 Composite Stock Market ETF

Often compared with TGED.TO:
TGED.TO vs. TEC.TOTGED.TO vs. TQGD.TOTGED.TO vs. TPU.TOTGED.TO vs. TQCD.TOTGED.TO vs. EFASTGED.TO vs. XEQT.TOTGED.TO vs. TEQT.TO
Often compared with SPTM:
SPTM vs. VTISPTM vs. SPYSPTM vs. VOOSPTM vs. ITOTSPTM vs. SCHGSPTM vs. BKLCSPTM vs. SCHD

Return for Risk

TGED.TO vs. SPTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TGED.TO
TGED.TO Risk / Return Rank: 5555
Overall Rank
TGED.TO Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
TGED.TO Sortino Ratio Rank: 5353
Sortino Ratio Rank
TGED.TO Omega Ratio Rank: 5353
Omega Ratio Rank
TGED.TO Calmar Ratio Rank: 5757
Calmar Ratio Rank
TGED.TO Martin Ratio Rank: 5858
Martin Ratio Rank
SPTM
SPTM Risk / Return Rank: 7070
Overall Rank
SPTM Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
SPTM Sortino Ratio Rank: 6969
Sortino Ratio Rank
SPTM Omega Ratio Rank: 6969
Omega Ratio Rank
SPTM Calmar Ratio Rank: 6464
Calmar Ratio Rank
SPTM Martin Ratio Rank: 7676
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.

TGED.TO vs. SPTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Active Global Enhanced Dividend ETF (TGED.TO) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). 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.

TGED.TOSPTMDifference
Sharpe ratioReturn per unit of total volatility
1.88
2.53

-0.64

Sortino ratioReturn per unit of downside risk
2.61
3.42

-0.82

Omega ratioGain probability vs. loss probability

1.33

1.48

-0.15

Calmar ratioReturn relative to maximum drawdown

2.82

3.55

-0.73

Martin ratioReturn relative to average drawdown

10.39

13.66

-3.27

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

TGED.TO vs. SPTM - Sharpe Ratio Comparison

The current TGED.TO Sharpe Ratio is 1.88, which is comparable to the SPTM Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of TGED.TO and SPTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

TGED.TOSPTMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.88

2.53

-0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.10

1.12

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.99

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.02

1.11

-0.09

Drawdowns

TGED.TO vs. SPTM - Drawdown Comparison

The maximum TGED.TO drawdown since its inception was -26.19%, smaller than the maximum SPTM drawdown of -28.36%. Use the drawdown chart below to compare losses from any high point for TGED.TO and SPTM.

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Drawdown Indicators

TGED.TOSPTMDifference

Max Drawdown

Largest peak-to-trough decline

-26.19%

-28.36%

+2.17%

Max Drawdown (1Y)

Largest decline over 1 year

-10.76%

-8.34%

-2.42%

Max Drawdown (3Y)

Largest decline over 3 years

-19.41%

-19.27%

-0.14%

Max Drawdown (5Y)

Largest decline over 5 years

-23.05%

-21.90%

-1.15%

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.36%

—

Current Drawdown

Current decline from peak

-1.05%

-0.27%

-0.78%

Average Drawdown

Average peak-to-trough decline

-4.66%

-3.29%

-1.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.92%

2.17%

+0.75%

Volatility

TGED.TO vs. SPTM - Volatility Comparison

TD Active Global Enhanced Dividend ETF (TGED.TO) has a higher volatility of 6.39% compared to SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) at 2.79%. This indicates that TGED.TO's price experiences larger fluctuations and is considered to be riskier than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TGED.TOSPTMDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.39%

2.79%

+3.60%

Volatility (6M)

Calculated over the trailing 6-month period

13.28%

8.85%

+4.43%

Volatility (1Y)

Calculated over the trailing 1-year period

16.12%

11.73%

+4.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.78%

14.92%

+0.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.78%

16.26%

+0.52%

TGED.TO vs. SPTM - Expense Ratio Comparison

TGED.TO has a 0.72% expense ratio, which is higher than SPTM's 0.03% expense ratio.

Dividends

TGED.TO vs. SPTM - Dividend Comparison

TGED.TO's dividend yield for the trailing twelve months is around 3.31%, more than SPTM's 1.04% yield.

PositionTTM20252024202320222021202020192018201720162015
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		1.04%1.13%1.28%1.44%1.69%1.25%1.56%1.72%1.90%1.66%1.91%1.92%
TGED.TO
TD Active Global Enhanced Dividend ETF		3.31%3.79%3.01%3.97%4.70%3.44%3.63%2.54%0.00%0.00%0.00%0.00%

Frequently Asked Questions

TGED.TO and SPTM have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SPTM is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SPTM is cheaper with a 0.03% expense ratio, compared with 0.72% for TGED.TO.

TGED.TO is categorized as Global Equity Income, while SPTM is Large Cap Blend Equities. They also come from different issuers: TD and State Street. Their fees differ too: 0.72% for TGED.TO and 0.03% for SPTM.

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