WELL vs. TEC.TO

Last updated Jun 13, 2026

WELL (Welltower Inc.) 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). Over the past 5 years, WELL returned 24.91%/yr vs 15.37%/yr for TEC.TO. At a 0.16 correlation, their price movements are largely independent.

Performance

WELL vs. TEC.TO - Performance Comparison

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

Different Trading Currencies

WELL 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

In the year-to-date period, WELL achieves a 16.22% return, which is significantly higher than TEC.TO's 10.53% return.

WELL

• 1D: 1.69%
• 1M: 0.23%
• YTD: 16.22%
• 6M: 15.53%
• 1Y: 42.73%
• 3Y*: 40.64%
• 5Y*: 24.91%
• 10Y*: 15.50%

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)

WELL vs. TEC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WELL Welltower Inc.	16.22%	49.86%	43.07%	41.79%	-21.18%	36.98%	-17.19%	12.13%
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 WELL and TEC.TO is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (All Time) Calculated using the full available price history since May 9, 2019	0.16

The correlation between WELL and TEC.TO shifts across timeframes, from -0.11 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WELL vs. TEC.TO — Risk / Return Rank

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

WELL

WELL Risk / Return Rank: 87
WELL Sharpe Ratio Rank: 90
WELL Sortino Ratio Rank: 86
WELL Omega Ratio Rank: 86
WELL Calmar Ratio Rank: 87
WELL Martin Ratio Rank: 86

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.

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

This table presents a comparison of risk-adjusted performance metrics for Welltower Inc. (WELL) 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.

	WELL	TEC.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.64	+0.37
Sortino ratio: Return per unit of downside risk	2.66	2.16	+0.50
Omega ratio: Gain probability vs. loss probability	1.34	1.29	+0.05
Calmar ratio: Return relative to maximum drawdown	3.44	1.77	+1.67
Martin ratio: Return relative to average drawdown	8.47	5.75	+2.72

WELL vs. TEC.TO - Sharpe Ratio Comparison

The current WELL Sharpe Ratio is 2.01, which is comparable to the TEC.TO Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of WELL and TEC.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

WELL vs. TEC.TO - Drawdown Comparison

The maximum WELL drawdown since its inception was -63.33%, which is greater than TEC.TO's maximum drawdown of -40.52%. Use the drawdown chart below to compare losses from any high point for WELL and TEC.TO.

Drawdown Indicators

	WELL	TEC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-63.33%	-40.52%	-22.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.61%	-17.18%	+4.57%
Max Drawdown (3Y) Largest decline over 3 years	-12.99%	-24.68%	+11.69%
Max Drawdown (5Y) Largest decline over 5 years	-40.78%	-40.52%	-0.26%
Max Drawdown (10Y) Largest decline over 10 years	-63.33%	—	—
Current Drawdown Current decline from peak	-2.68%	-6.11%	+3.43%
Average Drawdown Average peak-to-trough decline	-10.31%	-9.14%	-1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.11%	5.28%	-0.17%

Volatility

WELL vs. TEC.TO - Volatility Comparison

Welltower Inc. (WELL) has a higher volatility of 9.54% compared to TD Global Technology Leaders Index ETF (TEC.TO) at 7.22%. This indicates that WELL's price experiences larger fluctuations and is considered to be riskier than TEC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WELL	TEC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.54%	7.22%	+2.32%
Volatility (6M) Calculated over the trailing 6-month period	17.14%	14.58%	+2.56%
Volatility (1Y) Calculated over the trailing 1-year period	21.65%	18.55%	+3.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.82%	23.19%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.90%	24.42%	+7.48%

Dividends

WELL vs. TEC.TO - Dividend Comparison

WELL's dividend yield for the trailing twelve months is around 1.38%, more than TEC.TO's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TEC.TO TD Global Technology Leaders Index ETF	0.10%	0.13%	0.12%	0.21%	0.31%	0.22%	0.33%	0.28%	0.00%	0.00%	0.00%	0.00%
WELL Welltower Inc.	1.38%	1.52%	2.03%	2.71%	3.72%	2.84%	4.18%	4.26%	5.01%	5.46%	5.14%	4.85%

Frequently Asked Questions

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

WELL and TEC.TO have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.