TQGD.TO vs. TINF.TO

Last updated Apr 1, 2026

Compare and contrast key facts about TD Q Global Dividend ETF (TQGD.TO) and TD Active Global Infrastructure Equity ETF (TINF.TO).

TQGD.TO and TINF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TQGD.TO is a passively managed fund by TD that tracks the performance of the MSCI World Index (Total Return). It was launched on Nov 20, 2019. TINF.TO is an actively managed fund by TD. It was launched on May 26, 2020.

Performance

TQGD.TO vs. TINF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Q Global Dividend ETF (TQGD.TO) and TD Active Global Infrastructure Equity ETF (TINF.TO). The values are adjusted to include any dividend payments, if applicable.

TQGD.TO vs. TINF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TQGD.TO TD Q Global Dividend ETF	2.94%	16.45%	17.65%	15.06%	1.03%	21.14%	10.78%
TINF.TO TD Active Global Infrastructure Equity ETF	11.03%	14.91%	22.73%	4.63%	3.82%	9.89%	5.19%

Returns By Period

In the year-to-date period, TQGD.TO achieves a 2.94% return, which is significantly lower than TINF.TO's 11.03% return.

TQGD.TO

• 1D: 1.79%
• 1M: -2.52%
• YTD: 2.94%
• 6M: 4.78%
• 1Y: 16.84%
• 3Y*: 15.94%
• 5Y*: 12.74%
• 10Y*: —

TINF.TO

• 1D: 0.62%
• 1M: -1.05%
• YTD: 11.03%
• 6M: 10.74%
• 1Y: 19.20%
• 3Y*: 16.31%
• 5Y*: 13.16%
• 10Y*: —

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

TQGD.TO vs. TINF.TO - Expense Ratio Comparison

TQGD.TO has a 0.44% expense ratio, which is lower than TINF.TO's 0.73% expense ratio.

TINF.TO

TD Active Global Infrastructure Equity ETF

TQGD.TO

TD Q Global Dividend ETF

Return for Risk

TQGD.TO vs. TINF.TO — Risk / Return Rank

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

TQGD.TO

TQGD.TO Risk / Return Rank: 61
TQGD.TO Sharpe Ratio Rank: 65
TQGD.TO Sortino Ratio Rank: 60
TQGD.TO Omega Ratio Rank: 65
TQGD.TO Calmar Ratio Rank: 54
TQGD.TO Martin Ratio Rank: 62

TINF.TO

TINF.TO Risk / Return Rank: 81
TINF.TO Sharpe Ratio Rank: 82
TINF.TO Sortino Ratio Rank: 79
TINF.TO Omega Ratio Rank: 79
TINF.TO Calmar Ratio Rank: 80
TINF.TO Martin Ratio Rank: 83

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.

TQGD.TO vs. TINF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Q Global Dividend ETF (TQGD.TO) and TD Active Global Infrastructure Equity ETF (TINF.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.

	TQGD.TO	TINF.TO	Difference
Sharpe ratio Return per unit of total volatility	1.14	1.62	-0.47
Sortino ratio Return per unit of downside risk	1.54	2.08	-0.54
Omega ratio Gain probability vs. loss probability	1.24	1.31	-0.07
Calmar ratio Return relative to maximum drawdown	1.38	2.26	-0.88
Martin ratio Return relative to average drawdown	6.16	9.52	-3.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TQGD.TO vs. TINF.TO - Sharpe Ratio Comparison

The current TQGD.TO Sharpe Ratio is 1.14, which is comparable to the TINF.TO Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of TQGD.TO and TINF.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TQGD.TO	TINF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	1.62	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.07	1.14	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	1.04	-0.32

Correlation

The correlation between TQGD.TO and TINF.TO is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TQGD.TO vs. TINF.TO - Dividend Comparison

TQGD.TO's dividend yield for the trailing twelve months is around 2.90%, more than TINF.TO's 2.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
TQGD.TO TD Q Global Dividend ETF	2.90%	2.89%	3.38%	3.65%	3.89%	3.40%	4.85%	0.36%
TINF.TO TD Active Global Infrastructure Equity ETF	2.62%	2.89%	2.85%	3.39%	2.97%	2.28%	0.99%	0.00%

Drawdowns

TQGD.TO vs. TINF.TO - Drawdown Comparison

The maximum TQGD.TO drawdown since its inception was -30.22%, which is greater than TINF.TO's maximum drawdown of -13.48%. Use the drawdown chart below to compare losses from any high point for TQGD.TO and TINF.TO.

Drawdown Indicators

	TQGD.TO	TINF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.22%	-13.48%	-16.74%
Max Drawdown (1Y) Largest decline over 1 year	-12.80%	-8.95%	-3.85%
Max Drawdown (5Y) Largest decline over 5 years	-15.52%	-13.48%	-2.04%
Current Drawdown Current decline from peak	-3.10%	-1.05%	-2.05%
Average Drawdown Average peak-to-trough decline	-3.96%	-2.42%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.12%	+0.76%

Volatility

TQGD.TO vs. TINF.TO - Volatility Comparison

The current volatility for TD Q Global Dividend ETF (TQGD.TO) is 4.21%, while TD Active Global Infrastructure Equity ETF (TINF.TO) has a volatility of 5.06%. This indicates that TQGD.TO experiences smaller price fluctuations and is considered to be less risky than TINF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TQGD.TO	TINF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	5.06%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	7.72%	7.20%	+0.52%
Volatility (1Y) Calculated over the trailing 1-year period	14.82%	11.96%	+2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.00%	11.64%	+0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.77%	11.94%	+2.83%