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TD Canadian Bank Dividend Index ETF (TBNK.TO) ETF Analysis

TBNK.TO

Expense ratio 0.28% Yield 2.33% Assets CA$290.58M Since April 20, 2023 Family TD Asset Management Inc

Last Updated: October 21, 2026

CA$52.65

+CA$0.83 (+1.60%)

October 21, 2026 · Market close

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Price History

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TBNK.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+44.12%	+44.12%	CA$144.12	CA$432.37
3 years	+171.89%	+39.57%	CA$271.89	CA$815.67

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

TBNK.TO Return by Calendar Year

2023 and 2026 are partial years

+7.34%+44.62%+29.28%

2023*202420252026*

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Year	Return
2026 (partial year)	+29.28%
2025	+44.62%
2024	+20.33%
2023 (partial year)	+7.34%

TBNK.TO Monthly Returns

−7%+13%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−1.6	+7.9	−3.6	+12.0	+3.5	+11.2	+0.9	−4.2	−0.8	+2.1	—	—
2025	+3.2	−2.0	−2.7	+1.9	+8.6	+3.7	+2.1	+5.8	+5.1	+2.6	+4.7	+4.9
2024	−1.4	+0.7	+6.1	−3.7	+1.9	−2.9	+6.7	+3.6	+5.8	+0.3	+4.2	−1.8
2023	—	—	—	—	−5.9	+4.2	+4.2	−6.4	−2.0	−5.8	+7.6	+12.2

Monthly total returns with dividends reinvested; each cell prints its signed value.

TBNK.TO Volatility & Risk

Volatility: 3 yrs · Beta: 3 yrs

Annualized volatility: 13.31%
Beta (3y): 0.98
Best year: +44.62%
Worst year: +20.33%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	RY	Royal Bank of Canada	28.42%
2	CM.TO	Canadian Imperial Bank of Commerce	23.82%
3	NA.TO	National Bank of Canada	17.97%
4	BMO.TO	Bank of Montreal	14.26%
5	TD	The Toronto-Dominion Bank	9.91%
6	BNS.TO	Bank of Nova Scotia	5.28%

Analysis

Data-derived

Fund Overview

TD Canadian Bank Dividend Index ETF (TBNK.TO) is an exchange-traded fund. Total net assets stand at CA$290.58M. Annual costs run at an expense ratio of 0.28%. On a CA$10,000 position that is CA$28.00 a year. TD Asset Management Inc is the fund family on file. The inception date on file is April 20, 2023.

Its biggest positions are Royal Bank of Canada (RY), Canadian Imperial Bank of Commerce (CM.TO), and National Bank of Canada (NA.TO). Royal Bank of Canada alone accounts for 28.42% of the portfolio.

Performance Analysis

The most recent close on file for TBNK.TO is CA$52.65, dated October 21, 2026. Over the trailing twelve months the total return is +44.12%. Across 3 years the annualized return works out at +39.57%. The fund distributes at a trailing yield of 2.33%.

So far in 2026 the total return is +29.28%. The strongest complete calendar year on file is 2025 at +44.62%; the weakest is 2024 at +20.33%.

Price & Risk Profile

The 52-week range on file runs from CA$37.24 to CA$56.24. The latest close sits 41.38% above that 52-week low. Daily returns over the trailing 3 years annualize to a volatility of 13.31%. Beta against the wider market is reported at 0.98. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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