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Data-driven Performance
TD Q Canadian Dividend ETF (TQCD) uses a dynamic, quantitative approach to security selection,
and is designed to help provide consistent performance by investing in quality dividend paying companies.
Growth of $10,000
Source: TD Asset Management, As at December 31, 2025
An award-winning ETF
| Returns as of December 31, 2025 | 3 month | 1 year | 3 year | 5 year | Since Inception (November 20, 2019) |
| TD Q Canadian Dividend ETF (TQCD)1 | 8.02% | 33.12% | 23.35% | 19.25% | 13.49% |
| S&P / TSX Composite Index | 6.25% | 31.68% | 21.42% | 16.09% | 14.13% |
| Quartile Ranking2 | 1st (4th overall) | 1st (3rd overall) | 1st (1st overall) | 1st (2nd overall) | N/A |
| Morningstar RatingTM2 | N/A | 5 Star | 5 Star | 5 Star | N/A |
| Lipper Leader Rating3 | N/A | 5 | 5 | 5 | N/A |
Returns for periods greater than one year are annualized.
The TQCD Advantage
The Quantitative Team (the “Team”) at TD Asset Management Inc. (“TDAM”) was established over 25 years ago to pursue opportunities that could generate growth and income, while managing risk for long term investors. The Team recognizes that no single investment style can outperform across every market cycle, so they combine multiple factors and tools to help smooth returns.
Built for Income Generation
TD Q Canadian Dividend ETF (TQCD) Yields Over Time
Source: TD Asset Management Inc., FactSet Research Systems Inc. As at December 31, 2025. Dividend yield is calculated as the weighted average annual dividend of the portfolio or benchmark securities divided by the closing market price of the ETF unit for the date specified.
TQCD has historically delivered income above benchmark levels since inception. This performance reflects our commitment to reliable income generation and demonstrates the value of TQCD’s distinctive blend of current income and long-term growth.
Protecting the Downside
TD Q Canadian Dividend ETF (TQCD) 5 Year Downside vs. Benchmark
Source: TD Asset Management Inc., FactSet Research Systems Inc., Research Systems. As of December 31, 2025. The drawdown chart shows the decline in the value of an investment from its peak to its lowest point over a specific period. It illustrates the extent and duration of losses, helping investors understand the risk associated with an investment strategy or portfolio.
A key feature of the dividend strategies at TDAM is their focus on downside protection, and TQCD is no exception. The companies selected for TQCD are typically larger, more mature firms with a history of paying and growing dividends over time. This focus on stable, dividendpaying companies helps to mitigate risk and can provide downside protection.
Portfolio construction techniques further reinforce this resilience by emphasizing quality metrics such as dividend growth, return on equity, and cash flow generation. While reducing volatility is not their primary goal, specifically investing in companies with quality metrics often results in lower downside risk compared to benchmarks.
Key Facts
| TQCD | |
| Name | TD Q Canadian Dividend ETF |
| Benchmark | S&P/TSX Composite Index (Total Return) |
| Management Fee (%) | 0.35 |
| Risk Rating | Medium |
| Distribution Frequency | Monthly |
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1 Source: TD Asset Management as at December 31, 2025.
2 Quartile Rankings and Morningstar® Ratings as of December 31, 2025. TD Q Canadian Dividend ETF listed under the Canadian Dividend & Income Equity Category. The Canadian Dividend & Income Equity Category contains 482 funds with 1-year history as of December 31, 2025. Each series of a fund is counted separately. Quartile and Percentile data taken from Morningstar® for the period November 20, 2019 to December 31, 2025. Source: TD Asset Management Inc. ("TDAM"), Morningstar® as of July 31, 2025. Note: Numbers may not add due to rounding.
TD Q Canadian Dividend ETF was awarded the 2025 Refinitiv Lipper Fund Award in the Canadian Dividend & Income Equity for the period that ended September 30, 2025 out of a total of 21 and 17 funds (3 year and 5 year respectively). Performance for the fund for the that ended September 30, 2025 is as follows: 28.16% (1 year), 23.17% (3 years), 19.53% (5 years), N/A (10 years) and 12.61% (since inception on November 20, 2019. The corresponding Lipper Leader for Consistent Return ratings of the fund for the same period are as follows: 5 (1 year), 5 (3 years), 5 (5 years), N/A (10 years).The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
These products and/or services are only offered in jurisdictions where they may be lawfully offered for sale.
The information contained herein has been provided by TD Asset Management Inc. and is for information purposes only. The information has been drawn from sources believed to be reliable. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual's objectives and risk tolerance.
Certain statements in this document may contain forward-looking statements (“FLS”) that are predictive in nature and may include words such as “expects”, “anticipates”, “intends”, “believes”, “estimates” and similar forward- looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and foreign exchange rates, equity and capital markets, the general business environment, assuming no changes to tax or other laws or government regulation or catastrophic events. Expectations and projections about future events are inherently subject to risks and uncertainties, which may be unforeseeable. Such expectations and projections may be incorrect in the future.
FLS are not guarantees of future performance. Actual events could differ materially from those expressed or implied in any FLS. A number of important factors including those factors set out above can contribute to these digressions. You should avoid placing any reliance on FLS.
Commissions, management fees and expenses all may be associated with investments in exchange - traded funds (ETFs). Please read the prospectus and ETF Facts before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.
The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated."
Index returns are shown for comparative purposes only. Indexes are unmanaged and their returns include reinvestment of dividends, if applicable, but do not include any sales charges or fees as such costs would lower performance. It is not possible to invest directly in an index.
Investment strategies and current holdings are subject to change.
The Morningstar Risk-Adjusted Ratings (MRARs), commonly referred to as the Star Rating, relates the risk-adjusted performance of a fund to its peers within the same CIFSC Fund Category for the period ended as noted and are subject to change monthly. Morningstar calculates ratings for categories with at least 20 funds. To determine a fund’s rating, the fund and its peers are ranked by their MRARs. If a fund scores in the top 10% of its category, it receives five stars (High); if it falls in the next 22.5%, it receives four stars (Above Average); the next 35% earns a fund three stars (Neutral or Average); those in the next 22.5% receive two stars (Below Average); and the lowest 10% receive one star (Low). The Overall Rating is a weighted combination of the 3, 5, and 10-year ratings. For greater detail, see www.morningstar.ca.
Quartile rankings are intended to measure how well a fund has performed compared to other funds in its peer group. Quartile rankings are compiled by ranking all of the funds in a category by return over a given time period. The top performing 25% of funds in the category are assigned a quartile ranking of 1, the next 25% a 2, the next 25% a 3, and the bottom 25% of funds a 4. Quartile rankings can change over time.
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