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TD Q Canadian Low Volatility ETF

TCLV.TO

TD

TD Q Canadian Low Volatility ETF (TCLV.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.11%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 98.11%
  • Halal 30.33%
  • Doubtful 2.30%
  • Not halal 65.48%
  • Not rated 1.89%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
TD
Venue (where it trades)
Canada
Domicile (where it is registered)
Canada
Reporting currency
CAD
Expense ratio
0.34%
AUM
124.62M CAD
Holdings
56 (55 screened)
Basket as of (provider)
28 Oct 2026
Basket fetched by Akinda
28 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal30.33%65.48%
DJIMNot halal30.63%65.18%
FTSENot halal27.12%68.69%
MSCINot halal27.12%68.69%
S&PNot halal30.33%65.48%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 56 holdings, largest first · basket as of 28 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
L.TOLoblaw Cos Ltd
5.34%Not halalNot halalNot halalNot halalNot halal
2
FTS.TOFortis Inc
5.13%Not halalNot halalNot halalNot halalNot halal
3
TD.TOToronto-Dominion Bank
5.12%Not halalNot halalNot halalNot halalNot halal
4
H.TOHydro One Ltd
3.82%Not halalNot halalNot halalNot halalNot halal
5
IFC.TOIntact Financial Corp
3.80%Not halalNot halalNot halalNot halalNot halal
6
DOL.TODollarama Inc
3.74%HalalHalalNot halalNot halalHalal
7
GWO.TOGreat-West Lifeco Inc
3.49%Not halalNot halalNot halalNot halalNot halal
8
RY.TORoyal Bank of Canada
3.34%Not halalNot halalNot halalNot halalNot halal
9
ATD-B.TOAlimentation Couche-Tard Inc
3.30%HalalHalalHalalHalalHalal
10
B4B.DEMetro Inc
3.25%HalalHalalHalalHalalHalal
11
ALA.TOAltaGas Ltd
2.91%Not halalNot halalNot halalNot halalNot halal
12
ENB.TOEnbridge Inc
2.90%Not halalNot halalNot halalNot halalNot halal
13
SLF.TOSun Life Financial Inc
2.88%Not halalNot halalNot halalNot halalNot halal
14
BCE.TOBCE Inc
2.81%Not halalNot halalNot halalNot halalNot halal
15
EMA.TOEmera Inc
2.79%Not halalNot halalNot halalNot halalNot halal
16
BMO.TOBank of Montreal
2.42%Not halalNot halalNot halalNot halalNot halal
17
X.TOTMX Group Ltd
2.36%Not halalNot halalNot halalNot halalNot halal
18
TRI.TOThomson Reuters Corp
2.25%HalalHalalHalalHalalHalal
19
GIB-A.TOCGI Inc
2.19%DoubtfulNot ratedNot ratedNot ratedNot rated
20
TIH.TOToromont Industries Ltd
2.08%HalalHalalHalalHalalHalal
21
SAP.TOSaputo Inc
2.02%HalalHalalHalalHalalHalal
22
CNR.TOCanadian National Railway Co
1.89%HalalHalalNot halalNot halalHalal
23
WSP.TOWSP Global Inc
1.88%HalalHalalHalalHalalHalal
24
FFH.TOFairfax Financial Holdings Ltd - Pfd Sr M
1.77%Not halalNot halalNot halalNot halalNot halal
25
WN.TOGeorge Weston Ltd
1.75%Not halalNot halalHalalHalalNot halal
26
CU-X.TOCanadian Utilities Ltd
1.68%Not ratedNot ratedNot ratedNot ratedNot rated
27
QSR.TORestaurant Brands International Inc
1.64%Not halalNot halalNot halalNot halalNot halal
28
T.TOTelus Corp
1.62%Not halalNot halalNot halalNot halalNot halal
29
CNQ.TOCanadian Natural Resources Ltd
1.60%HalalHalalHalalHalalHalal
30
FNV.TOFranco-Nevada Corp
1.59%HalalHalalHalalHalalHalal
31
NA.TONational Bank of Canada
1.53%Not halalNot halalNot halalNot halalNot halal
32
CCL-A.TOCCL Industries Inc
1.49%HalalHalalHalalHalalHalal
33
PPL.TOPembina Pipeline Corp
1.45%Not halalNot halalNot halalNot halalNot halal
34
EMP-A.TOEmpire Co Ltd
1.37%HalalHalalHalalHalalHalal
35
EFN.TOElement Fleet Management Corp
0.89%Not halalNot halalNot halalNot halalNot halal
36
RCI-A.TORogers Communications Inc
0.89%Not halalNot halalNot halalNot halalNot halal
37
MFC.TOManulife Financial Corp
0.87%Not halalNot halalNot halalNot halalNot halal
38
CVE.TOCenovus Energy Inc
0.81%HalalHalalHalalHalalHalal
39
POW.TOPower Corp of Canada
0.77%Not halalNot halalNot halalNot halalNot halal
40
SU.TOSuncor Energy Inc
0.72%HalalHalalHalalHalalHalal
41
BKUTBank of Nova Scotia
0.71%Not halalNot halalNot halalNot halalNot halal
42
KEY.TOKeyera Corp
0.60%Not halalNot halalNot halalNot halalNot halal
43
STN.TOStantec Inc
0.57%HalalHalalHalalHalalHalal
44
NTR.TONutrien Ltd
0.53%Not halalNot halalHalalHalalNot halal
45
TOU.TOTourmaline Oil Corp
0.46%HalalHalalHalalHalalHalal
46
IAG.TOiA Financial Corp Inc
0.40%Not halalNot halalNot halalNot halalNot halal
47
IGM.TOIGM Financial Inc
0.39%Not halalNot halalNot halalNot halalNot halal
48
CCO.TOCameco Corp
0.35%HalalHalalHalalHalalHalal
49
IMO.TOImperial Oil Ltd
0.31%HalalHalalHalalHalalHalal
50
WCP.TOWhitecap Resources Inc
0.30%Not halalHalalHalalHalalNot halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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