VRNA vs. TEC.TO

Last updated Jun 13, 2026

VRNA (Verona Pharma plc) is a stock, while TEC.TO (TD Global Technology Leaders Index ETF) is Technology Equities fund tracking the Solactive Global Technology Leaders Index (CA NTR). At a 0.14 correlation, their price movements are largely independent.

Performance

VRNA vs. TEC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Verona Pharma plc (VRNA) and TD Global Technology Leaders Index ETF (TEC.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VRNA is traded in USD, while TEC.TO is traded in CAD. To make them comparable, the TEC.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

VRNA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TEC.TO

• 1D: 0.20%
• 1M: -2.32%
• YTD: 10.53%
• 6M: 11.61%
• 1Y: 31.73%
• 3Y*: 26.66%
• 5Y*: 15.37%
• 10Y*: —

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

VRNA vs. TEC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VRNA Verona Pharma plc	0.00%	130.21%	133.60%	-23.92%	288.84%	-4.00%	21.74%	-10.85%
TEC.TO TD Global Technology Leaders Index ETF	10.53%	20.97%	34.24%	57.02%	-36.24%	25.52%	51.13%	16.34%

Correlation

The correlation between VRNA and TEC.TO is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since May 9, 2019	0.14

The correlation between VRNA and TEC.TO shifts across timeframes, from 0.03 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

VRNA vs. TEC.TO — Risk / Return Rank

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

VRNA

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

TEC.TO

TEC.TO Risk / Return Rank: 54
TEC.TO Sharpe Ratio Rank: 66
TEC.TO Sortino Ratio Rank: 59
TEC.TO Omega Ratio Rank: 62
TEC.TO Calmar Ratio Rank: 43
TEC.TO Martin Ratio Rank: 40

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.

VRNA vs. TEC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Verona Pharma plc (VRNA) and TD Global Technology Leaders Index ETF (TEC.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.

	VRNA	TEC.TO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.64	—
Sortino ratio: Return per unit of downside risk	—	2.16	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	1.77	—
Martin ratio: Return relative to average drawdown	—	5.75	—

Drawdowns

Drawdown Indicators

	VRNA	TEC.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-40.52%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-17.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.52%	—
Current Drawdown Current decline from peak	—	-6.11%	—
Average Drawdown Average peak-to-trough decline	—	-9.14%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.28%	—

Volatility

Volatility by Period

	VRNA	TEC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.55%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.19%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.42%	—

Dividends

VRNA vs. TEC.TO - Dividend Comparison

VRNA has not paid dividends to shareholders, while TEC.TO's dividend yield for the trailing twelve months is around 0.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TEC.TO TD Global Technology Leaders Index ETF	0.10%	0.13%	0.12%	0.21%	0.31%	0.22%	0.33%	0.28%
VRNA Verona Pharma plc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VRNA and TEC.TO in my portfolio?

VRNA and TEC.TO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.