Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VAB.TO Vanguard Canadian Aggregate Bond Index ETF | Canadian Government Bonds | 8% |
VCN.TO Vanguard FTSE Canada All Cap Index ETF | Canada Equities | 31% |
VUN.TO Vanguard U.S. Total Market Index ETF | Large Cap Blend Equities | 31% |
XEC.TO iShares Core MSCI Emerging Markets IMI Index ETF | Emerging Markets Equities | 8% |
XEF.TO iShares Core MSCI EAFE IMI Index ETF | Global Equities | 22% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Current TFSA, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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The earliest data available for this chart is Aug 13, 2013, corresponding to the inception date of VCN.TO
Returns By Period
As of Apr 9, 2026, the Current TFSA returned 3.83% Year-To-Date and 10.95% of annualized return in the last 10 years.
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 2.51% | 0.02% | -0.92% | 0.71% | 24.30% | 18.22% | 10.44% | 12.72% |
Portfolio Current TFSA | 2.55% | 0.65% | 3.83% | 7.79% | 33.71% | 17.63% | 9.49% | 10.95% |
| Portfolio components: | ||||||||
VCN.TO Vanguard FTSE Canada All Cap Index ETF | 0.00% | -1.28% | 4.41% | 10.12% | 53.63% | 20.21% | 12.51% | 11.90% |
VUN.TO Vanguard U.S. Total Market Index ETF | 2.44% | -0.01% | -0.33% | 0.96% | 38.05% | 19.15% | 10.42% | 13.73% |
VAB.TO Vanguard Canadian Aggregate Bond Index ETF | 0.80% | -2.32% | -0.40% | 1.13% | 5.14% | 2.13% | -1.45% | 0.93% |
XEC.TO iShares Core MSCI Emerging Markets IMI Index ETF | 0.00% | -1.75% | 5.12% | 6.98% | 52.61% | 16.27% | 4.33% | 8.07% |
XEF.TO iShares Core MSCI EAFE IMI Index ETF | 0.00% | -0.46% | 2.81% | 6.04% | 40.85% | 14.80% | 7.62% | 8.83% |
Monthly Returns
Based on dividend-adjusted daily data since Aug 14, 2013, Current TFSA's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, your investment would double in approximately 7.3 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +12.0%, while the worst month was Mar 2020 at -16.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, Current TFSA closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +8.6%, while the worst single day was Mar 16, 2020 at -10.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.76% | 3.64% | -6.21% | 3.95% | 3.83% | ||||||||
| 2025 | 2.91% | 0.16% | -1.95% | 2.22% | 5.22% | 4.12% | 0.10% | 3.65% | 3.30% | 1.35% | 1.25% | 1.63% | 26.49% |
| 2024 | -0.60% | 2.69% | 3.38% | -3.42% | 4.05% | 0.30% | 2.84% | 2.69% | 2.31% | -2.55% | 4.00% | -3.95% | 11.88% |
| 2023 | 8.10% | -3.71% | 2.04% | 1.84% | -2.63% | 5.39% | 3.01% | -3.17% | -3.92% | -3.65% | 9.01% | 5.63% | 18.03% |
| 2022 | -3.38% | -1.69% | 2.37% | -7.64% | 1.06% | -8.54% | 6.19% | -4.26% | -9.33% | 6.05% | 8.23% | -4.54% | -16.18% |
| 2021 | -0.25% | 2.74% | 3.45% | 3.91% | 3.17% | 0.12% | 0.45% | 1.33% | -3.54% | 5.33% | -3.33% | 3.76% | 18.02% |
Benchmark Metrics
Current TFSA has an annualized alpha of -0.39%, beta of 0.80, and R² of 0.76 versus S&P 500 Index. Calculated based on daily prices since August 14, 2013.
- This portfolio participated in 90.86% of S&P 500 Index downside but only 80.89% of its upside — more exposed to losses than it benefited from rallies.
- Alpha
- -0.39%
- Beta
- 0.80
- R²
- 0.76
- Upside Capture
- 80.89%
- Downside Capture
- 90.86%
Expense Ratio
Current TFSA has an expense ratio of 0.15%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
Current TFSA ranks 82 for risk / return — in the top 82% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.11 | 2.19 | +0.92 |
Sortino ratioReturn per unit of downside risk | 4.71 | 3.49 | +1.21 |
Omega ratioGain probability vs. loss probability | 1.65 | 1.48 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 4.47 | 3.70 | +0.77 |
Martin ratioReturn relative to average drawdown | 19.58 | 16.45 | +3.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
VCN.TO Vanguard FTSE Canada All Cap Index ETF | 93 | 3.49 | 4.66 | 1.67 | 5.19 | 22.67 |
VUN.TO Vanguard U.S. Total Market Index ETF | 72 | 2.25 | 3.60 | 1.48 | 4.02 | 17.46 |
VAB.TO Vanguard Canadian Aggregate Bond Index ETF | 17 | 0.79 | 1.17 | 1.14 | 0.78 | 2.14 |
XEC.TO iShares Core MSCI Emerging Markets IMI Index ETF | 73 | 2.84 | 3.79 | 1.54 | 3.38 | 12.93 |
XEF.TO iShares Core MSCI EAFE IMI Index ETF | 76 | 2.56 | 3.83 | 1.51 | 3.20 | 12.99 |
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Dividends
Dividend yield
Current TFSA provided a 1.81% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.81% | 1.92% | 2.15% | 2.28% | 2.41% | 2.02% | 1.95% | 2.37% | 2.38% | 1.99% | 2.09% | 2.21% |
| Portfolio components: | ||||||||||||
VCN.TO Vanguard FTSE Canada All Cap Index ETF | 2.08% | 2.27% | 2.69% | 2.99% | 3.15% | 2.48% | 2.70% | 2.85% | 2.80% | 2.29% | 2.34% | 2.65% |
VUN.TO Vanguard U.S. Total Market Index ETF | 0.83% | 0.84% | 0.93% | 1.10% | 1.21% | 0.97% | 1.15% | 1.45% | 1.52% | 1.39% | 1.49% | 1.49% |
VAB.TO Vanguard Canadian Aggregate Bond Index ETF | 3.34% | 3.33% | 3.19% | 2.95% | 2.87% | 2.48% | 2.50% | 2.65% | 2.80% | 2.77% | 2.76% | 2.79% |
XEC.TO iShares Core MSCI Emerging Markets IMI Index ETF | 1.72% | 1.92% | 2.03% | 2.16% | 2.28% | 2.78% | 1.64% | 2.87% | 2.66% | 2.13% | 1.80% | 2.19% |
XEF.TO iShares Core MSCI EAFE IMI Index ETF | 2.27% | 2.43% | 2.76% | 2.75% | 2.93% | 2.42% | 1.93% | 2.72% | 2.76% | 2.10% | 2.42% | 2.42% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Current TFSA. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Current TFSA was 34.88%, occurring on Mar 23, 2020. Recovery took 110 trading sessions.
The current Current TFSA drawdown is 2.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.88% | Feb 20, 2020 | 23 | Mar 23, 2020 | 110 | Aug 28, 2020 | 133 |
| -25.07% | Nov 9, 2021 | 232 | Oct 12, 2022 | 348 | Mar 1, 2024 | 580 |
| -24.25% | Apr 29, 2015 | 183 | Jan 20, 2016 | 267 | Feb 10, 2017 | 450 |
| -19.37% | Jan 29, 2018 | 229 | Dec 24, 2018 | 214 | Nov 1, 2019 | 443 |
| -13.37% | Feb 19, 2025 | 35 | Apr 8, 2025 | 23 | May 12, 2025 | 58 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 5 assets, with an effective number of assets of 3.95, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | VAB.TO | XEC.TO | VCN.TO | VUN.TO | XEF.TO | Portfolio | |
|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.28 | 0.62 | 0.67 | 0.89 | 0.72 | 0.81 |
| VAB.TO | 0.28 | 1.00 | 0.38 | 0.54 | 0.32 | 0.43 | 0.50 |
| XEC.TO | 0.62 | 0.38 | 1.00 | 0.69 | 0.69 | 0.77 | 0.82 |
| VCN.TO | 0.67 | 0.54 | 0.69 | 1.00 | 0.73 | 0.77 | 0.92 |
| VUN.TO | 0.89 | 0.32 | 0.69 | 0.73 | 1.00 | 0.79 | 0.90 |
| XEF.TO | 0.72 | 0.43 | 0.77 | 0.77 | 0.79 | 1.00 | 0.92 |
| Portfolio | 0.81 | 0.50 | 0.82 | 0.92 | 0.90 | 0.92 | 1.00 |