Question 1

What is TPU?

Accepted Answer

TPU — TD U.S. Equity Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the TPU ETF price today?

Accepted Answer

TPU last traded at $59.28 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the TPU MER (management expense ratio)?

Accepted Answer

TPU has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, TPU is considered a low-cost ETF.

Question 4

What are TPU annualised returns?

Accepted Answer

TPU historical returns: YTD: +10.64%, 1-year: +18.15%, 3-year annualised: +20.98%, 5-year annualised: +14.31%, 10-year annualised: +15.40%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.52, which measures risk-adjusted return.

Question 5

Does TPU pay dividends or distributions?

Accepted Answer

Yes, TPU distributes income to unitholders. The current distribution yield is approximately 0.83%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does TPU invest in?

Accepted Answer

TPU's top holdings include NVIDIA Corporation (NVDA, 7.2%), Apple Inc. (AAPL, 6.4%), Microsoft Corporation (MSFT, 4.2%), Amazon.com Inc (AMZN, 3.5%), Alphabet Inc Class A (GOOGL, 3.2%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar US Market TR CAD.

Question 7

What sectors does TPU invest in?

Accepted Answer

TPU's largest sector exposures are Technology (38.1%), Financial Services (11.2%), Communication Services (10.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is TPU? (Assets under management)

Accepted Answer

TPU has approximately $5.89B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was TPU launched?

Accepted Answer

TPU was launched on March 22, 2016, giving it a 10-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy TPU in Canada?

Accepted Answer

TPU trades on the TSX under the ticker TPU. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is TPU?

Accepted Answer

TPU has a 1-year volatility of 11.92% and a beta of 1.01 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.52 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-30	$58.98	$59.36	$58.80	$59.28	$59.28	35,082
2026-07-29	$59.36	$59.56	$58.51	$58.53	$58.53	65,272
2026-07-28	$59.43	$59.73	$59.26	$59.65	$59.65	52,414
2026-07-27	$59.84	$60.05	$59.35	$59.61	$59.61	44,721
2026-07-24	$59.64	$59.81	$59.37	$59.49	$59.49	64,908
2026-07-23	$59.14	$59.70	$59.14	$59.42	$59.42	96,966
2026-07-22	$60.26	$60.41	$60.15	$60.17	$60.17	25,893
2026-07-21	$60.01	$60.39	$59.95	$60.37	$60.37	36,994
2026-07-20	$59.93	$60.07	$59.62	$59.65	$59.65	56,856
2026-07-17	$59.59	$59.86	$59.33	$59.53	$59.53	137,896

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.19%
2	AAPL	Apple Inc.	6.37%
3	MSFT	Microsoft Corporation	4.21%
4	AMZN	Amazon.com Inc	3.53%
5	GOOGL	Alphabet Inc Class A	3.20%
6	GOOG	Alphabet Inc Class C	2.75%
7	AVGO	Broadcom Inc	2.70%
8	TSLA	Tesla Inc	2.16%
9	MU	Micron Technology Inc	2.00%
10	META	Meta Platforms Inc.	1.90%

Sector	Weight
Technology	38.15%
Financial Services	11.21%
Communication Services	10.01%
Consumer Cyclicals	9.58%
Healthcare	9.08%
Industrials	8.95%
Consumer Defensive	4.42%
Energy	3.06%
Utilities	2.15%
Basic Materials	1.75%
Real Estate	1.63%

Ticker	Name	Price	1D
MUU		$13.01	+35.24%
MSFU		$16.18	+29.75%
AMDU		$17.56	+25.70%
SOXU		$34.94	+25.46%
AMDY	Harvest AMD Enhanced High Income Shares ETF - Class A Units	$38.75	+15.74%
MSHE-U	Harvest Microsoft Enhanced High Income Shares ETF	$8.86	+15.51%
MSHE	Harvest Microsoft Enhanced High Income Shares ETF - Class A Units	$9.08	+14.94%
SHPD		$10.99	+12.95%

TD U.S. Equity Index ETF (TPU : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About TD U.S. Equity Index ETF

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