VDU.TO vs. TILV.TO

Last updated Aug 4, 2026

VDU.TO (Vanguard FTSE Developed All Cap ex U.S. Index ETF) and TILV.TO (TD Q International Low Volatility ETF) are both Foreign Large Cap Equities funds. VDU.TO is passively managed, while TILV.TO is actively managed. Over the past 5 years, VDU.TO returned 11.64%/yr vs 11.35%/yr for TILV.TO. Their 0.33 correlation means their historical movements had little consistent relationship. VDU.TO charges 0.22%/yr vs 0.40%/yr for TILV.TO.

Performance

VDU.TO vs. TILV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) and TD Q International Low Volatility ETF (TILV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VDU.TO achieves a 16.08% return, which is significantly higher than TILV.TO's 14.97% return.

VDU.TO

• 1D: -0.46%
• 1M: -1.58%
• 6M: 9.52%
• YTD: 16.08%
• 1Y: 30.94%
• 3Y*: 19.41%
• 5Y*: 11.64%
• 10Y*: 10.12%
• ALL TIME*: 9.93%

TILV.TO

• 1D: -0.69%
• 1M: 3.43%
• 6M: 9.76%
• YTD: 14.97%
• 1Y: 21.20%
• 3Y*: 17.57%
• 5Y*: 11.35%
• 10Y*: —
• ALL TIME*: 8.71%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TILV.TO TD Q International Low Volatility ETF	CA$234.40K	CA$203.52K	CA$211.97K
VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF	CA$601.69K	CA$734.63K	CA$1.16M

VDU.TO vs. TILV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF	16.08%	27.97%	11.37%	14.56%	-9.89%	10.22%	7.06%	6.56%
TILV.TO TD Q International Low Volatility ETF	14.97%	19.69%	13.23%	9.74%	-5.66%	14.07%	-5.87%	5.58%

Correlation

The correlation between VDU.TO and TILV.TO is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (3Y) Balances recent behavior with more history.	0.46
Correlation (5Y) Shows whether the relationship held over a longer period.	0.37
Correlation (All Time) Calculated using the full available price history since May 10, 2019	0.33

Over the past year, VDU.TO and TILV.TO have become more correlated (0.56) than their long-term average of 0.33, meaning their price movements have been converging.

VDU.TO vs. TILV.TO - Sectors Allocation Comparison

Sectors	VDU.TO	TILV.TO
Financial Services	23.1%	20.9%
Technology	18.5%	0.9%
Industrials	17.8%	9.9%
Healthcare	7.9%	9.7%
Basic Materials	7.1%	0.8%
Consumer Cyclical	6.9%	2.7%
Consumer Defensive	5.4%	19.5%
Energy	4.4%	4.7%
Utilities	3.1%	9.4%
Communication Services	2.8%	17.1%
Real Estate	2.3%	4.3%

Return for Risk

VDU.TO vs. TILV.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VDU.TO

VDU.TO Risk / Return Rank: 77
VDU.TO Sharpe Ratio Rank: 79
VDU.TO Sortino Ratio Rank: 78
VDU.TO Omega Ratio Rank: 80
VDU.TO Calmar Ratio Rank: 73
VDU.TO Martin Ratio Rank: 77

TILV.TO

TILV.TO Risk / Return Rank: 79
TILV.TO Sharpe Ratio Rank: 81
TILV.TO Sortino Ratio Rank: 78
TILV.TO Omega Ratio Rank: 84
TILV.TO Calmar Ratio Rank: 81
TILV.TO Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VDU.TO vs. TILV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) and TD Q International Low Volatility ETF (TILV.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.

	VDU.TO	TILV.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.99	-0.12
Sortino ratio: Return per unit of downside risk	2.57	2.70	-0.12
Omega ratio: Gain probability vs. loss probability	1.34	1.38	-0.04
Calmar ratio: Return relative to maximum drawdown	2.64	3.13	-0.49
Martin ratio: Return relative to average drawdown	10.12	9.57	+0.55

VDU.TO vs. TILV.TO - Sharpe Ratio Comparison

The current VDU.TO Sharpe Ratio is 1.87, which is comparable to the TILV.TO Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of VDU.TO and TILV.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.

Drawdowns

VDU.TO vs. TILV.TO - Drawdown Comparison

The maximum VDU.TO drawdown since its inception was -29.19%, which is greater than TILV.TO's maximum drawdown of -27.24%. Use the drawdown chart below to compare losses from any high point for VDU.TO and TILV.TO.

Drawdown Indicators

	VDU.TO	TILV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.19%	-27.24%	-1.95%
Max Drawdown (1Y) Largest decline over 1 year	-11.47%	-7.11%	-4.36%
Max Drawdown (3Y) Largest decline over 3 years	-14.02%	-7.62%	-6.40%
Max Drawdown (5Y) Largest decline over 5 years	-24.11%	-17.01%	-7.10%
Max Drawdown (10Y) Largest decline over 10 years	-29.19%	—	—
Current Drawdown Current decline from peak	-3.53%	-0.69%	-2.84%
Average Drawdown Average peak-to-trough decline	-4.63%	-4.44%	-0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.32%	+0.66%

Volatility

VDU.TO vs. TILV.TO - Volatility Comparison

Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) has a higher volatility of 5.16% compared to TD Q International Low Volatility ETF (TILV.TO) at 2.34%. This indicates that VDU.TO's price experiences larger fluctuations and is considered to be riskier than TILV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VDU.TO	TILV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	2.34%	+2.82%
Volatility (6M) Calculated over the trailing 6-month period	14.35%	9.58%	+4.77%
Volatility (1Y) Calculated over the trailing 1-year period	16.20%	11.20%	+5.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.89%	11.89%	+2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.67%	13.42%	+1.25%

VDU.TO vs. TILV.TO - Expense Ratio Comparison

VDU.TO has a 0.22% expense ratio, which is lower than TILV.TO's 0.40% expense ratio.

Dividends

VDU.TO vs. TILV.TO - Dividend Comparison

VDU.TO's dividend yield for the trailing twelve months is around 2.02%, less than TILV.TO's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TILV.TO TD Q International Low Volatility ETF	2.80%	3.08%	3.35%	3.52%	2.83%	2.78%	2.99%	2.10%	0.00%	0.00%	0.00%	0.00%
VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF	2.02%	2.61%	2.55%	2.54%	2.14%	2.66%	1.64%	2.48%	2.61%	2.25%	2.41%	2.24%

Frequently Asked Questions

Can I hold both VDU.TO and TILV.TO in my portfolio?

VDU.TO and TILV.TO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VDU.TO or TILV.TO?

On fees, VDU.TO is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VDU.TO or TILV.TO?

VDU.TO is cheaper with a 0.22% expense ratio, compared with 0.40% for TILV.TO.

What is the main difference between VDU.TO and TILV.TO?

They also come from different issuers: Vanguard and TD. Their fees differ too: 0.22% for VDU.TO and 0.40% for TILV.TO.