VS
When evaluating costs, GBAL features a management fee (MER) of 0.22%, compared to 0.27% for TCON. Performance-wise, GBAL has returned 10.43% year-to-date with +$92 M in net flows, whereas TCON is at 5.9% with +$52 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
GBAL
TCON
| AuM | $304.16 M | $137.46 M |
| Management Fees | 0.22% | 0.27% |
| Exp. ratio | 0.24% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GBAL | -0.36% | +2.14% | +10.43% | +10.24% | +65.35% |
TCON | +0.79% | +0.93% | +5.90% | +5.77% | +39.06% | |
| Flows | GBAL | +$10 M | +$31 M | +$92 M | +$108 M | +$206 M |
TCON | +$2 M | +$10 M | +$52 M | +$63 M | +$108 M |
GBAL vs TCON exposure
Countries
GBAL
Canada
51.71%
USA
30.16%
Other
18.13%
TCON
Other
100.00%
Sectors
GBAL
Finance
32.90%
Technology
20.12%
Sovereign
11.47%
Municipal
8.91%
Other
26.59%
TCON
Other
100.00%
As of October 29, 2026
Top 10 Holdings
GBAL
CA46437Q1081
27.07%
CA46436U1003
18.82%
CA46438D1069
15.69%
CA46432E1007
12.61%
CA46431U1057
9.61%
CA45033L1094
8.70%
CA46436Y1025
4.73%
US4642874329
2.68%
TCON
CA87818P1036
59.91%
CA87239X1078
15.42%
CA87240Y1025
14.69%
CA87809R1001
9.97%
Diversification
GBAL
Total weight of top 10 holdings out of 1,365 total
99.91%
TCON
Total weight of top 10 holdings out of 4 total
99.99%
Characteristics
Compare
GBAL
TCON
| Provider | iShares | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.58% | 2.28% |
| Meets ESG criteria | Yes | No |
| Inception Date | September 10, 2020 | August 18, 2020 |
Frequently asked questions about GBAL and TCON
Which ETF has performed better year to date: GBAL or TCON?
As of October 29, 2026, GBAL has returned 10.43% year to date, while TCON has returned 5.90%. GBAL is ahead on YTD performance.
Which ETF is larger by assets under management: GBAL or TCON?
As of October 29, 2026, GBAL manages $304.16 M in assets, while TCON manages $137.46 M. GBAL is the larger fund by AUM.
How are GBAL and TCON managed?
GBAL is actively managed by iShares. It does not track an index. TCON is actively managed by TD Asset Management. It does not track an index.
Which ETF is attracting more investor flows: GBAL or TCON?
Year to date, GBAL has seen +$92.19 M in net flows, compared with +$51.97 M for TCON. GBAL has attracted more net investor money so far.
How do the fees of GBAL and TCON compare?
GBAL has an expense ratio of 0.24%, while TCON has an expense ratio of 0.17%.
Which ETF is more diversified: GBAL or TCON?
GBAL holds 1 securities, while TCON holds 1. On holdings count, GBAL is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.