PortfoliosLab logoPortfoliosLab logo

Documentation

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

THU.TO vs. TECI.TO

Last updated Jul 16, 2026
Documentation

THU.TO (TD U.S. Equity CAD Hedged Index ETF) and TECI.TO (TD Global Technology Innovators Index ETF) are both exchange-traded funds - THU.TO is a Large Cap Blend Equities fund actively managed by TD, while TECI.TO is a Technology Equities fund tracking the Solactive Global Technology Innovators Index (CA NTR). THU.TO is actively managed, while TECI.TO is passively managed. Over the past 3 years, THU.TO returned 18.83%/yr vs 31.49%/yr for TECI.TO. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

THU.TO vs. TECI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD U.S. Equity CAD Hedged Index ETF (THU.TO) and TD Global Technology Innovators Index ETF (TECI.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, THU.TO achieves a 10.16% return, which is significantly lower than TECI.TO's 39.75% return.

THU.TO

1D
0.31%
1M
0.07%
6M
9.01%
YTD
10.16%
1Y
20.09%
3Y*
18.83%
5Y*
11.29%
10Y*
13.51%

TECI.TO

1D
-1.81%
1M
-6.36%
6M
33.93%
YTD
39.75%
1Y
59.24%
3Y*
31.49%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021
THU.TO
TD U.S. Equity CAD Hedged Index ETF		10.16%15.44%23.50%26.50%-21.80%2.09%
TECI.TO
TD Global Technology Innovators Index ETF		39.75%21.96%28.21%40.27%-45.55%-5.69%

Correlation

The correlation between THU.TO and TECI.TO is 0.73, 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

0.73

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

0.66

Correlation (All Time)
Calculated using the full available price history since Nov 30, 2021

0.65

The correlation between THU.TO and TECI.TO has been stable across timeframes, ranging from 0.65 to 0.73 - 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 U.S. Equity CAD Hedged Index ETF

TD Global Technology Innovators Index ETF

Often compared with TECI.TO:
TECI.TO vs. FINN.NEOTECI.TO vs. TEC.TOTECI.TO vs. TECH.TOTECI.TO vs. QMVP.TOTECI.TO vs. CIAI.TOTECI.TO vs. TBNK.TOTECI.TO vs. RBOT.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
THU.TO
THU.TO Risk / Return Rank: 5656
Overall Rank
THU.TO Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
THU.TO Sortino Ratio Rank: 5656
Sortino Ratio Rank
THU.TO Omega Ratio Rank: 5555
Omega Ratio Rank
THU.TO Calmar Ratio Rank: 5151
Calmar Ratio Rank
THU.TO Martin Ratio Rank: 6363
Martin Ratio Rank
TECI.TO
TECI.TO Risk / Return Rank: 8080
Overall Rank
TECI.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
TECI.TO Sortino Ratio Rank: 7070
Sortino Ratio Rank
TECI.TO Omega Ratio Rank: 7171
Omega Ratio Rank
TECI.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
TECI.TO Martin Ratio Rank: 8585
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.

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

This table presents a comparison of risk-adjusted performance metrics for TD U.S. Equity CAD Hedged Index ETF (THU.TO) and TD Global Technology Innovators Index ETF (TECI.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.

THU.TOTECI.TODifference
Sharpe ratioReturn per unit of total volatility
1.57
2.05

-0.48

Sortino ratioReturn per unit of downside risk
2.21
2.55

-0.34

Omega ratioGain probability vs. loss probability

1.28

1.34

-0.06

Calmar ratioReturn relative to maximum drawdown

2.11

4.99

-2.89

Martin ratioReturn relative to average drawdown

9.01

13.58

-4.57

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

The current THU.TO Sharpe Ratio is 1.57, which is comparable to the TECI.TO Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of THU.TO and TECI.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.

Loading charts...

Drawdowns

THU.TO vs. TECI.TO - Drawdown Comparison

The maximum THU.TO drawdown since its inception was -34.64%, smaller than the maximum TECI.TO drawdown of -55.35%. Use the drawdown chart below to compare losses from any high point for THU.TO and TECI.TO.

Loading charts...

Drawdown Indicators

THU.TOTECI.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.64%

-55.35%

+20.71%

Max Drawdown (1Y)

Largest decline over 1 year

-9.59%

-11.92%

+2.33%

Max Drawdown (3Y)

Largest decline over 3 years

-19.16%

-26.77%

+7.61%

Max Drawdown (5Y)

Largest decline over 5 years

-26.37%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-34.64%

—

—

Current Drawdown

Current decline from peak

-0.64%

-9.38%

+8.74%

Average Drawdown

Average peak-to-trough decline

-4.81%

-22.90%

+18.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

4.38%

-2.15%

Volatility

THU.TO vs. TECI.TO - Volatility Comparison

The current volatility for TD U.S. Equity CAD Hedged Index ETF (THU.TO) is 3.40%, while TD Global Technology Innovators Index ETF (TECI.TO) has a volatility of 12.70%. This indicates that THU.TO experiences smaller price fluctuations and is considered to be less risky than TECI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

THU.TOTECI.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.40%

12.70%

-9.30%

Volatility (6M)

Calculated over the trailing 6-month period

10.17%

25.10%

-14.93%

Volatility (1Y)

Calculated over the trailing 1-year period

12.84%

29.07%

-16.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.75%

30.01%

-13.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.40%

30.01%

-12.61%

Dividends

THU.TO vs. TECI.TO - Dividend Comparison

THU.TO's dividend yield for the trailing twelve months is around 0.96%, more than TECI.TO's 0.07% yield.

PositionTTM2025202420232022202120202019201820172016
TECI.TO
TD Global Technology Innovators Index ETF		0.07%0.10%0.43%0.55%0.77%0.00%0.00%0.00%0.00%0.00%0.00%
THU.TO
TD U.S. Equity CAD Hedged Index ETF		0.96%1.05%1.25%1.20%1.42%1.00%1.28%1.21%1.66%1.54%1.37%

Frequently Asked Questions

THU.TO and TECI.TO have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

THU.TO is categorized as Large Cap Blend Equities, while TECI.TO is Technology Equities.

Portfolio Optimizer

Find the right allocation for THU.TO and TECI.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