BBD-A.TO vs. VFV.TO

Last updated Jun 4, 2026

BBD-A.TO (Bombardier Inc) is a stock, while VFV.TO (Vanguard S&P 500 Index ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, BBD-A.TO returned 19.64%/yr vs 16.04%/yr for VFV.TO. At a 0.26 correlation, their price movements are largely independent.

Performance

BBD-A.TO vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Bombardier Inc (BBD-A.TO) and Vanguard S&P 500 Index ETF (VFV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBD-A.TO achieves a 39.39% return, which is significantly higher than VFV.TO's 12.30% return. Over the past 10 years, BBD-A.TO has outperformed VFV.TO with an annualized return of 19.64%, while VFV.TO has yielded a comparatively lower 16.04% annualized return.

BBD-A.TO

• 1D: -0.27%
• 1M: 16.41%
• YTD: 39.39%
• 6M: 41.03%
• 1Y: 237.41%
• 3Y*: 78.20%
• 5Y*: 59.69%
• 10Y*: 19.64%

VFV.TO

• 1D: -0.18%
• 1M: 7.30%
• YTD: 12.30%
• 6M: 10.47%
• 1Y: 29.48%
• 3Y*: 23.57%
• 5Y*: 16.84%
• 10Y*: 16.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBD-A.TO vs. VFV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBD-A.TO Bombardier Inc	39.39%	139.44%	81.98%	0.96%	22.36%	110.98%	-57.73%	-6.73%	-31.80%	30.90%
VFV.TO Vanguard S&P 500 Index ETF	12.30%	12.18%	35.23%	23.23%	-12.58%	27.51%	15.62%	25.14%	2.94%	13.67%

Correlation

The correlation between BBD-A.TO and VFV.TO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Nov 9, 2012	0.26

The correlation between BBD-A.TO and VFV.TO shifts across timeframes, from 0.26 (all time) to 0.37 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BBD-A.TO vs. VFV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBD-A.TO

BBD-A.TO Risk / Return Rank: 98
BBD-A.TO Sharpe Ratio Rank: 98
BBD-A.TO Sortino Ratio Rank: 97
BBD-A.TO Omega Ratio Rank: 96
BBD-A.TO Calmar Ratio Rank: 98
BBD-A.TO Martin Ratio Rank: 98

VFV.TO

VFV.TO Risk / Return Rank: 74
VFV.TO Sharpe Ratio Rank: 78
VFV.TO Sortino Ratio Rank: 77
VFV.TO Omega Ratio Rank: 78
VFV.TO Calmar Ratio Rank: 68
VFV.TO Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBD-A.TO vs. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bombardier Inc (BBD-A.TO) and Vanguard S&P 500 Index ETF (VFV.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BBD-A.TO	VFV.TO	Difference
Sharpe ratio: Return per unit of total volatility	4.63	2.59	+2.05
Sortino ratio: Return per unit of downside risk	4.89	3.53	+1.36
Omega ratio: Gain probability vs. loss probability	1.63	1.48	+0.15
Calmar ratio: Return relative to maximum drawdown	12.87	3.44	+9.43
Martin ratio: Return relative to average drawdown	38.92	13.10	+25.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBD-A.TO vs. VFV.TO - Sharpe Ratio Comparison

The current BBD-A.TO Sharpe Ratio is 4.63, which is higher than the VFV.TO Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of BBD-A.TO and VFV.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBD-A.TO	VFV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.63	2.59	+2.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.13	1.14	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.97	-0.62
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	1.14	-1.01

Drawdowns

BBD-A.TO vs. VFV.TO - Drawdown Comparison

The maximum BBD-A.TO drawdown since its inception was -97.93%, which is greater than VFV.TO's maximum drawdown of -27.43%. Use the drawdown chart below to compare losses from any high point for BBD-A.TO and VFV.TO.

Drawdown Indicators

	BBD-A.TO	VFV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-97.93%	-27.43%	-70.50%
Max Drawdown (1Y) Largest decline over 1 year	-18.57%	-8.62%	-9.95%
Max Drawdown (3Y) Largest decline over 3 years	-39.01%	-19.05%	-19.96%
Max Drawdown (5Y) Largest decline over 5 years	-61.30%	-22.19%	-39.11%
Max Drawdown (10Y) Largest decline over 10 years	-93.18%	-27.43%	-65.75%
Current Drawdown Current decline from peak	-28.19%	-0.18%	-28.01%
Average Drawdown Average peak-to-trough decline	-58.53%	-3.35%	-55.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.13%	2.26%	+3.87%

Volatility

BBD-A.TO vs. VFV.TO - Volatility Comparison

Bombardier Inc (BBD-A.TO) has a higher volatility of 12.92% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 3.05%. This indicates that BBD-A.TO's price experiences larger fluctuations and is considered to be riskier than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBD-A.TO	VFV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.92%	3.05%	+9.87%
Volatility (6M) Calculated over the trailing 6-month period	40.55%	8.55%	+32.00%
Volatility (1Y) Calculated over the trailing 1-year period	51.62%	11.46%	+40.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.09%	14.91%	+38.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.31%	16.57%	+39.74%

Dividends

BBD-A.TO vs. VFV.TO - Dividend Comparison

BBD-A.TO has not paid dividends to shareholders, while VFV.TO's dividend yield for the trailing twelve months is around 0.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBD-A.TO Bombardier Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VFV.TO Vanguard S&P 500 Index ETF	0.83%	0.92%	0.99%	1.20%	1.31%	1.06%	1.33%	1.55%	1.68%	1.50%	1.66%	1.63%

Frequently Asked Questions

Can I hold both BBD-A.TO and VFV.TO in my portfolio?

BBD-A.TO and VFV.TO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.