TUED.TO vs. CWIN.TO
TUED.TO (TD Active U.S. Enhanced Dividend ETF) and CWIN.TO (HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units) are both Dividend funds. TUED.TO is actively managed, while CWIN.TO is passively managed. Over the past year, TUED.TO returned 23.31% vs 40.37% for CWIN.TO. At a 0.30 correlation, their price movements are largely independent.
Performance
TUED.TO vs. CWIN.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TUED.TO achieves a 16.47% return, which is significantly lower than CWIN.TO's 21.69% return.
TUED.TO
- 1D
- -0.85%
- 1M
- -0.93%
- 6M
- 12.52%
- YTD
- 16.47%
- 1Y
- 23.31%
- 3Y*
- 22.69%
- 5Y*
- 12.74%
- 10Y*
- —
CWIN.TO
- 1D
- 0.04%
- 1M
- 2.88%
- 6M
- 17.48%
- YTD
- 21.69%
- 1Y
- 40.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TUED.TO vs. CWIN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TUED.TO TD Active U.S. Enhanced Dividend ETF | 16.47% | 7.45% |
CWIN.TO HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units | 21.69% | 24.29% |
Correlation
The correlation between TUED.TO and CWIN.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2025 | 0.30 |
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Return for Risk
TUED.TO vs. CWIN.TO — Risk / Return Rank
TUED.TO
CWIN.TO
TUED.TO vs. CWIN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Active U.S. Enhanced Dividend ETF (TUED.TO) and HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units (CWIN.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.
| TUED.TO | CWIN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.60 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 5.53 | -3.31 |
| Martin ratioReturn relative to average drawdown | 7.97 | 20.47 | -12.50 |
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Drawdowns
TUED.TO vs. CWIN.TO - Drawdown Comparison
The maximum TUED.TO drawdown since its inception was -27.76%, which is greater than CWIN.TO's maximum drawdown of -10.87%. Use the drawdown chart below to compare losses from any high point for TUED.TO and CWIN.TO.
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Drawdown Indicators
| TUED.TO | CWIN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.76% | -10.87% | -16.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -7.15% | -3.40% |
Max Drawdown (3Y)Largest decline over 3 years | -27.76% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.76% | — | — |
Current DrawdownCurrent decline from peak | -4.04% | -0.09% | -3.95% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -1.35% | -5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 1.93% | +1.00% |
Volatility
TUED.TO vs. CWIN.TO - Volatility Comparison
TD Active U.S. Enhanced Dividend ETF (TUED.TO) has a higher volatility of 6.54% compared to HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units (CWIN.TO) at 2.77%. This indicates that TUED.TO's price experiences larger fluctuations and is considered to be riskier than CWIN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TUED.TO | CWIN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 2.77% | +3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 9.81% | +5.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.18% | 12.49% | +5.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.81% | 13.75% | +12.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.84% | 13.75% | +21.09% |
Dividends
TUED.TO vs. CWIN.TO - Dividend Comparison
TUED.TO's dividend yield for the trailing twelve months is around 2.56%, less than CWIN.TO's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CWIN.TO HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units | 3.08% | 3.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TUED.TO TD Active U.S. Enhanced Dividend ETF | 2.56% | 2.89% | 2.27% | 2.84% | 3.13% | 2.45% | 1.53% |
Frequently Asked Questions
TUED.TO and CWIN.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: TD and Hamilton.
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