Based in numerous reference from various test including from independent organizations:
Trend Micro protection capabilities is strong which primarily focus on web based threats and its main circulated protection are from Cloud. The interface is more glassy and little bit catchy than AVG although in certain features there are almost same with cleaning tools bundled.
Its true from
@starchild76 where AVG's ID are sometimes slow upon removal of threats which may result to restart for complete removal when prompt, for TM their unknown behavior analysis tends to be quick which will show blocked as per default configuration.
For more proving basis, community videos can help you about their characteristics of AVG and Trend Micro.