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TQGM.TO vs. TTP.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TQGM.TO vs. TTP.TO

Last updated Apr 1, 2026

Compare and contrast key facts about TD Q Global Multifactor ETF (TQGM.TO) and TD Canadian Equity Index ETF (TTP.TO).

TQGM.TO and TTP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TQGM.TO is an actively managed fund by TD. It was launched on Nov 19, 2019. TTP.TO is a passively managed fund by TD that tracks the performance of the Solactive Canada Broad Market Index. It was launched on Mar 22, 2016.

Performance

TQGM.TO vs. TTP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Q Global Multifactor ETF (TQGM.TO) and TD Canadian Equity Index ETF (TTP.TO). The values are adjusted to include any dividend payments, if applicable.

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TQGM.TO vs. TTP.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
TQGM.TO
TD Q Global Multifactor ETF		3.02%20.97%25.26%8.13%-4.74%12.19%0.64%-0.00%
TTP.TO
TD Canadian Equity Index ETF		3.81%31.96%20.92%11.66%-5.76%25.31%6.32%0.84%

Returns By Period

In the year-to-date period, TQGM.TO achieves a 3.02% return, which is significantly lower than TTP.TO's 3.81% return.

TQGM.TO

1D
2.12%
1M
-2.83%
YTD
3.02%
6M
5.22%
1Y
20.55%
3Y*
17.73%
5Y*
11.69%
10Y*
—

TTP.TO

1D
2.82%
1M
-4.49%
YTD
3.81%
6M
10.34%
1Y
34.70%
3Y*
20.97%
5Y*
14.83%
10Y*
12.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

TD Q Global Multifactor ETF

TD Canadian Equity Index ETF

Often compared with TQGM.TO:
TQGM.TO vs. IS.TOTQGM.TO vs. ZMI.TOTQGM.TO vs. HURA.TOTQGM.TO vs. TCSH.TOTQGM.TO vs. TBAL.TOTQGM.TO vs. TGRO.TOTQGM.TO vs. TEC.TO
Often compared with TTP.TO:
TTP.TO vs. TPU.TOTTP.TO vs. VCN.TOTTP.TO vs. XIC.TOTTP.TO vs. XIU.TOTTP.TO vs. VDY.TOTTP.TO vs. VCE.TOTTP.TO vs. XDIV.TO

TQGM.TO vs. TTP.TO - Expense Ratio Comparison

TQGM.TO has a 0.45% expense ratio, which is higher than TTP.TO's 0.05% expense ratio.

TQGM.TO
TD Q Global Multifactor ETF
TTP.TO
TD Canadian Equity Index ETF

Return for Risk

TQGM.TO vs. TTP.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TQGM.TO
TQGM.TO Risk / Return Rank: 8181
Overall Rank
TQGM.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
TQGM.TO Sortino Ratio Rank: 8383
Sortino Ratio Rank
TQGM.TO Omega Ratio Rank: 8181
Omega Ratio Rank
TQGM.TO Calmar Ratio Rank: 7979
Calmar Ratio Rank
TQGM.TO Martin Ratio Rank: 8383
Martin Ratio Rank
TTP.TO
TTP.TO Risk / Return Rank: 9494
Overall Rank
TTP.TO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
TTP.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
TTP.TO Omega Ratio Rank: 9595
Omega Ratio Rank
TTP.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
TTP.TO Martin Ratio Rank: 9595
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.

TQGM.TO vs. TTP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Q Global Multifactor ETF (TQGM.TO) and TD Canadian Equity Index ETF (TTP.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.

TQGM.TOTTP.TODifference

Sharpe ratio

Return per unit of total volatility

1.61

2.27

-0.66

Sortino ratio

Return per unit of downside risk

2.21

2.87

-0.65

Omega ratio

Gain probability vs. loss probability

1.32

1.45

-0.13

Calmar ratio

Return relative to maximum drawdown

2.20

3.25

-1.05

Martin ratio

Return relative to average drawdown

9.68

14.58

-4.90

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

TQGM.TO vs. TTP.TO - Sharpe Ratio Comparison

The current TQGM.TO Sharpe Ratio is 1.61, which is comparable to the TTP.TO Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of TQGM.TO and TTP.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.

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Sharpe Ratios by Period

TQGM.TOTTP.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.61

2.27

-0.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.09

1.14

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.85

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.79

0.85

-0.05

Correlation

The correlation between TQGM.TO and TTP.TO is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TQGM.TO vs. TTP.TO - Dividend Comparison

TQGM.TO's dividend yield for the trailing twelve months is around 1.32%, less than TTP.TO's 2.01% yield.

TTM2025202420232022202120202019201820172016
TQGM.TO
TD Q Global Multifactor ETF		1.32%1.36%2.18%2.67%2.82%2.40%2.17%0.00%0.00%0.00%0.00%
TTP.TO
TD Canadian Equity Index ETF		2.01%2.06%2.56%2.91%3.68%1.86%2.84%2.09%2.89%2.32%1.85%

Drawdowns

TQGM.TO vs. TTP.TO - Drawdown Comparison

The maximum TQGM.TO drawdown since its inception was -24.34%, smaller than the maximum TTP.TO drawdown of -37.03%. Use the drawdown chart below to compare losses from any high point for TQGM.TO and TTP.TO.

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Drawdown Indicators

TQGM.TOTTP.TODifference

Max Drawdown

Largest peak-to-trough decline

-24.34%

-37.03%

+12.69%

Max Drawdown (1Y)

Largest decline over 1 year

-9.53%

-10.99%

+1.46%

Max Drawdown (5Y)

Largest decline over 5 years

-14.62%

-16.44%

+1.82%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.03%

—

Current Drawdown

Current decline from peak

-3.50%

-5.04%

+1.54%

Average Drawdown

Average peak-to-trough decline

-3.55%

-3.38%

-0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.17%

2.45%

-0.28%

Volatility

TQGM.TO vs. TTP.TO - Volatility Comparison

The current volatility for TD Q Global Multifactor ETF (TQGM.TO) is 5.08%, while TD Canadian Equity Index ETF (TTP.TO) has a volatility of 6.07%. This indicates that TQGM.TO experiences smaller price fluctuations and is considered to be less risky than TTP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TQGM.TOTTP.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.08%

6.07%

-0.99%

Volatility (6M)

Calculated over the trailing 6-month period

8.62%

11.02%

-2.40%

Volatility (1Y)

Calculated over the trailing 1-year period

12.85%

15.40%

-2.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.80%

13.13%

-2.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.44%

14.83%

-2.39%