TGFI.TO vs. BND.TO
TGFI.TO (TD Active Global Income ETF) and BND.TO (Purpose Global Bond Fund) are both Global Bonds funds. Both are actively managed. Over the past 5 years, TGFI.TO returned 1.12%/yr vs 3.21%/yr for BND.TO. At a 0.21 correlation, their price movements are largely independent.
Performance
TGFI.TO vs. BND.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TGFI.TO achieves a 0.65% return, which is significantly lower than BND.TO's 1.55% return.
TGFI.TO
- 1D
- 0.20%
- 1M
- 0.20%
- YTD
- 0.65%
- 6M
- 0.65%
- 1Y
- 3.91%
- 3Y*
- 5.40%
- 5Y*
- 1.12%
- 10Y*
- —
BND.TO
- 1D
- 0.00%
- 1M
- 0.66%
- YTD
- 1.55%
- 6M
- 1.70%
- 1Y
- 5.66%
- 3Y*
- 7.48%
- 5Y*
- 3.21%
- 10Y*
- 3.04%
TGFI.TO vs. BND.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TGFI.TO TD Active Global Income ETF | 0.65% | 5.71% | 4.24% | 8.24% | -14.35% | 2.16% | 2.60% | 0.86% |
BND.TO Purpose Global Bond Fund | 1.55% | 7.26% | 7.49% | 8.45% | -7.80% | 2.62% | 6.14% | 0.61% |
Correlation
The correlation between TGFI.TO and BND.TO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 26, 2019 | 0.21 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TGFI.TO vs. BND.TO — Risk / Return Rank
TGFI.TO
BND.TO
TGFI.TO vs. BND.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Active Global Income ETF (TGFI.TO) and Purpose Global Bond Fund (BND.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.
| TGFI.TO | BND.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.35 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.98 | -0.70 |
| Martin ratioReturn relative to average drawdown | 4.07 | 8.16 | -4.09 |
Loading charts...
Drawdowns
TGFI.TO vs. BND.TO - Drawdown Comparison
The maximum TGFI.TO drawdown since its inception was -22.03%, which is greater than BND.TO's maximum drawdown of -16.55%. Use the drawdown chart below to compare losses from any high point for TGFI.TO and BND.TO.
Loading charts...
Drawdown Indicators
| TGFI.TO | BND.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.03% | -16.55% | -5.48% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -2.87% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -4.52% | -4.46% | -0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -17.25% | -12.43% | -4.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.55% | — |
Current DrawdownCurrent decline from peak | -0.96% | -0.11% | -0.85% |
Average DrawdownAverage peak-to-trough decline | -5.44% | -2.10% | -3.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 0.70% | +0.26% |
Volatility
TGFI.TO vs. BND.TO - Volatility Comparison
The current volatility for TD Active Global Income ETF (TGFI.TO) is 1.02%, while Purpose Global Bond Fund (BND.TO) has a volatility of 1.20%. This indicates that TGFI.TO experiences smaller price fluctuations and is considered to be less risky than BND.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TGFI.TO | BND.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.20% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 2.72% | +0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.96% | 3.13% | +0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.51% | 5.10% | +1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.55% | 5.15% | +4.40% |
Dividends
TGFI.TO vs. BND.TO - Dividend Comparison
TGFI.TO's dividend yield for the trailing twelve months is around 5.14%, less than BND.TO's 5.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND.TO Purpose Global Bond Fund | 5.82% | 5.70% | 5.24% | 5.20% | 4.14% | 3.67% | 3.48% | 3.11% | 3.96% | 3.47% | 3.26% | 0.53% |
TGFI.TO TD Active Global Income ETF | 5.14% | 5.31% | 5.92% | 5.82% | 4.38% | 3.93% | 3.11% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TGFI.TO and BND.TO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for TGFI.TO and BND.TO
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