TLF.TO vs. QMVP.TO

Last updated Jul 16, 2026

TLF.TO (Brompton Tech Leaders Income ETF) and QMVP.TO (Hamilton Champions U.S. Technology Index ETF) are both Technology Equities funds. TLF.TO is actively managed, while QMVP.TO is passively managed. Their correlation of 0.89 suggests significant overlap in exposure.

Performance

TLF.TO vs. QMVP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Tech Leaders Income ETF (TLF.TO) and Hamilton Champions U.S. Technology Index ETF (QMVP.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLF.TO

• 1D: -1.40%
• 1M: -3.87%
• 6M: 25.65%
• YTD: 27.21%
• 1Y: 38.85%
• 3Y*: 26.00%
• 5Y*: 17.07%
• 10Y*: 21.83%

QMVP.TO

• 1D: -0.30%
• 1M: -0.88%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TLF.TO vs. QMVP.TO - Yearly Performance Comparison

	2026 (YTD)
TLF.TO Brompton Tech Leaders Income ETF	27.54%
QMVP.TO Hamilton Champions U.S. Technology Index ETF	26.40%

Correlation

The correlation between TLF.TO and QMVP.TO is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.89

Return for Risk

TLF.TO vs. QMVP.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TLF.TO

TLF.TO Risk / Return Rank: 59
TLF.TO Sharpe Ratio Rank: 59
TLF.TO Sortino Ratio Rank: 49
TLF.TO Omega Ratio Rank: 56
TLF.TO Calmar Ratio Rank: 65
TLF.TO Martin Ratio Rank: 64

QMVP.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TLF.TO vs. QMVP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Tech Leaders Income ETF (TLF.TO) and Hamilton Champions U.S. Technology Index ETF (QMVP.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.

	TLF.TO	QMVP.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.60	—	—
Sortino ratio: Return per unit of downside risk	2.04	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.65	—	—
Martin ratio: Return relative to average drawdown	9.20	—	—

Drawdowns

TLF.TO vs. QMVP.TO - Drawdown Comparison

The maximum TLF.TO drawdown since its inception was -37.19%, which is greater than QMVP.TO's maximum drawdown of -12.77%. Use the drawdown chart below to compare losses from any high point for TLF.TO and QMVP.TO.

Drawdown Indicators

	TLF.TO	QMVP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-37.19%	-12.77%	-24.42%
Max Drawdown (1Y) Largest decline over 1 year	-14.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.99%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.19%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.19%	—	—
Current Drawdown Current decline from peak	-6.84%	-2.60%	-4.24%
Average Drawdown Average peak-to-trough decline	-7.35%	-3.62%	-3.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.24%	—	—

Volatility

Volatility by Period

	TLF.TO	QMVP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.42%	25.17%	-0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.80%	25.17%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.20%	25.17%	-0.97%

Dividends

TLF.TO vs. QMVP.TO - Dividend Comparison

TLF.TO's dividend yield for the trailing twelve months is around 5.41%, more than QMVP.TO's 0.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QMVP.TO Hamilton Champions U.S. Technology Index ETF	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TLF.TO Brompton Tech Leaders Income ETF	5.41%	5.90%	5.86%	5.31%	6.97%	3.40%	3.49%	4.64%	6.05%	5.94%	7.67%	7.63%

Frequently Asked Questions

Can I hold both TLF.TO and QMVP.TO in my portfolio?

TLF.TO and QMVP.TO have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between TLF.TO and QMVP.TO?

They also come from different issuers: Brompton and Hamilton.