PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Vanguard S&P 500 Index ETF (VFV.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 25, 2026

The Vanguard S&P 500 Index ETF aims to mirror the performance of a U.S. equity index that represents large-cap stocks by investing in U.S. company stocks.

Vanguard S&P 500 Index ETF (VFV.TO) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with VFV.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to VFV.TO

VFV.TO charges 0.09% annually. There is 1 ETF in the S&P 500 category with a lower expense ratio, going as low as 0.04%.

SymbolNameExpense RatioAUMInception
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF0.04%250.98MJul 2023VFV.TO vs USCL.TO
XSP.TO
iShares Core S&P 500 Index ETF (CAD-Hedged)0.09%15.52BMay 2001VFV.TO vs XSP.TO
ZSP.TO
BMO S&P 500 Index ETF0.09%24.23BNov 2012VFV.TO vs ZSP.TO
XUS.TO
iShares Core S&P 500 Index ETF0.09%12.94BApr 2013VFV.TO vs XUS.TO
VSP.TO
Vanguard S&P 500 Index ETF (CAD-hedged)0.09%6.15BNov 2012VFV.TO vs VSP.TO

Best Risk-Adjusted Alternatives to VFV.TO

VFV.TO has a PortfoliosLab risk / return rank of 74. There are 6 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 89.

SymbolNameRisk / Return RankAUMInception
USSL.TO
Global X Enhanced S&P 500 Index ETF
89
11.18MMay 2024VFV.TO vs USSL.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF
84
155.19MNov 2025VFV.TO vs EQLI.TO
USCC.TO
Global X S&P 500 Covered Call ETF
81
561.57MSep 2011VFV.TO vs USCC.TO
XUSC.TO
iShares S&P 500 3% Capped Index ETF (CAD Units)
79
—Jul 2024VFV.TO vs XUSC.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF
78
250.98MJul 2023VFV.TO vs USCL.TO

Top Performing VFV.TO Alternatives (YTD)

VFV.TO is at 11.92% YTD. There are 5 ETFs in the S&P 500 category with higher YTD returns, going as high as 14.48%.

SymbolNameYTD ReturnAUMInception
EQL.TO
Invesco S&P 500 Equal Weight Index ETF CAD
14.48%
1.66BMay 2018VFV.TO vs EQL.TO
USSL.TO
Global X Enhanced S&P 500 Index ETF
13.68%
11.18MMay 2024VFV.TO vs USSL.TO
XUSC.TO
iShares S&P 500 3% Capped Index ETF (CAD Units)
13.63%
—Jul 2024VFV.TO vs XUSC.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF
12.97%
155.19MNov 2025VFV.TO vs EQLI.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF
12.39%
250.98MJul 2023VFV.TO vs USCL.TO

Lowest Volatility Alternatives to VFV.TO

VFV.TO has 11.95% 1-year volatility. There are 3 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 9.15%.

SymbolNameVolatility 1YAUMInception
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF9.15%155.19MNov 2025VFV.TO vs EQLI.TO
USCC.TO
Global X S&P 500 Covered Call ETF9.86%561.57MSep 2011VFV.TO vs USCC.TO
XUSC.TO
iShares S&P 500 3% Capped Index ETF (CAD Units)11.89%—Jul 2024VFV.TO vs XUSC.TO
EQL.TO
Invesco S&P 500 Equal Weight Index ETF CAD12.06%1.66BMay 2018VFV.TO vs EQL.TO
ZSP.TO
BMO S&P 500 Index ETF12.07%24.23BNov 2012VFV.TO vs ZSP.TO

Lowest Drawdown Alternatives to VFV.TO

VFV.TO has a 1-year max drawdown of -8.62%. There are 6 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -5.47%.

SymbolNameMax Drawdown 1YAUMInception
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF
-5.47%
155.19MNov 2025VFV.TO vs EQLI.TO
USCC.TO
Global X S&P 500 Covered Call ETF
-6.71%
561.57MSep 2011VFV.TO vs USCC.TO
EQL.TO
Invesco S&P 500 Equal Weight Index ETF CAD
-6.73%
1.66BMay 2018VFV.TO vs EQL.TO
XUSC.TO
iShares S&P 500 3% Capped Index ETF (CAD Units)
-7.60%
—Jul 2024VFV.TO vs XUSC.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF
-8.56%
250.98MJul 2023VFV.TO vs USCL.TO

Other ETFs from Vanguard

The 10 most viewed Vanguard ETFs shown here include VDY.TO, VEQT.TO, VGRO.TO and span 7 categories. AUM among these funds goes as high as $18B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...Dividend
98
23.93%
7.99BNov 2012VFV.TO vs VDY.TO
VEQT.TO
Vanguard All-Equity ETF PortfolioGlobal Equities
83
13.03%
14.70BJan 2019VFV.TO vs VEQT.TO
VGRO.TO
Vanguard Growth ETF PortfolioDiversified Portfolio
81
10.72%
10.14BJan 2018VFV.TO vs VGRO.TO
VCN.TO
Vanguard FTSE Canada All Cap Index ETFCanada Equities
82
10.34%
15.96BAug 2013VFV.TO vs VCN.TO
VBAL.TO
Vanguard Balanced ETF PortfolioDiversified Portfolio
71
8.40%
5.44BJan 2018VFV.TO vs VBAL.TO
VIU.TO
Vanguard FTSE Developed All Cap ex North America I...International Equity
69
18.03%
10.65BDec 2015VFV.TO vs VIU.TO
VCE.TO
Vanguard FTSE Canada Index ETFCanada Equities
78
10.72%
3.48BNov 2011VFV.TO vs VCE.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...Foreign Large Cap Equities, Dividend
75
13.09%
1.90BAug 2018VFV.TO vs VIDY.TO
VXC.TO
Vanguard FTSE Global All Cap ex Canada Index ETFGlobal Equities
77
14.02%
3.45BJun 2014VFV.TO vs VXC.TO
VUN.TO
Vanguard U.S. Total Market Index ETFLarge Cap Blend Equities
73
12.60%
18.15BAug 2013VFV.TO vs VUN.TO

Often Compared With VFV.TO

Investors most often compare VFV.TO with XEQT.TO, VOO, QQC.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
81
12.77%
19.56BAug 2019VFV.TO vs XEQT.TO
VOO
Vanguard S&P 500 ETFS&P 500
60
8.08%
1.70TSep 2010VFV.TO vs VOO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD HedgedNasdaq-100
69
20.02%
1.96BMay 2021VFV.TO vs QQC.TO
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)Nasdaq-100
43
14.22%
5.60BMay 2011VFV.TO vs XQQ.TO
SPY
State Street SPDR S&P 500 ETFS&P 500
60
8.10%
765.27BJan 1993VFV.TO vs SPY
XUU-U.TO
iShares Core S&P U.S. Total Market Index ETFLarge Cap Blend Equities
63
9.01%
—Oct 2019VFV.TO vs XUU-U.TO
QQQ
Invesco QQQ ETFNasdaq-100
59
15.95%
493.17BMar 1999VFV.TO vs QQQ
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETFCanada Equities
97
23.00%
4.13BApr 2011VFV.TO vs XEI.TO
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
46
12.98%
4.93BMay 2019VFV.TO vs TEC.TO
XUS-U.TO
iShares Core S&P 500 Index ETFS&P 500
59
7.31%
—Oct 2019VFV.TO vs XUS-U.TO
HXQ.TO
Horizons NASDAQ-100 Index ETFNasdaq-100
68
20.11%
1.82BApr 2016VFV.TO vs HXQ.TO
TPU.TO
TD U.S. Equity Index ETFLarge Cap Blend Equities
72
12.05%
5.97BMar 2016VFV.TO vs TPU.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETFS&P 500
71
11.68%
7.12BNov 2010VFV.TO vs HXS.TO
ZQQ.TO
BMO NASDAQ 100 Equity (CAD Hedged)Nasdaq-100
39
14.23%
3.24BJan 2010VFV.TO vs ZQQ.TO
SCHD
Schwab U.S. Dividend Equity ETFDividend
77
16.62%
99.95BOct 2011VFV.TO vs SCHD
HYLD.TO
Hamilton Enhanced U.S. Covered Call ETFDerivative Income
64
12.12%
1.30BFeb 2022VFV.TO vs HYLD.TO
VGG.TO
Vanguard U.S. Dividend Appreciation Index ETFDividend, Large Cap Blend Equities
71
10.76%
2.46BAug 2013VFV.TO vs VGG.TO
ZNQ.TO
BMO NASDAQ 100 Equity Index ETFNasdaq-100
68
20.05%
2.39BFeb 2019VFV.TO vs ZNQ.TO
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
93
16.92%
1.70BJul 2021VFV.TO vs HDIV.TO
VVL.TO
Vanguard Global Value Factor ETF CADGlobal Equities
77
13.72%
751.34MJun 2016VFV.TO vs VVL.TO

Compare VFV.TO with Any Fund or Stock

Compare VFV.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair VFV.TO with funds that move differently

Vanguard S&P 500 Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VFV.TO.

Explore VFV.TO Diversifiers