BBD-B.TO vs. VI.TO

Last updated Jul 25, 2026

BBD-B.TO (Bombardier Inc) is a stock, while VI.TO (Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged)) is Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex North America Index. Over the past 10 years, BBD-B.TO returned 22.16%/yr vs 11.25%/yr for VI.TO. At a 0.34 correlation, their price movements are largely independent.

Performance

BBD-B.TO vs. VI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Bombardier Inc (BBD-B.TO) and Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) (VI.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBD-B.TO achieves a 56.85% return, which is significantly higher than VI.TO's 15.20% return. Over the past 10 years, BBD-B.TO has outperformed VI.TO with an annualized return of 22.16%, while VI.TO has yielded a comparatively lower 11.25% annualized return.

BBD-B.TO

• 1D: 1.17%
• 1M: 15.83%
• 6M: 37.84%
• YTD: 56.85%
• 1Y: 128.22%
• 3Y*: 81.85%
• 5Y*: 58.17%
• 10Y*: 22.16%
• ALL TIME*: 7.71%

VI.TO

• 1D: -0.37%
• 1M: -1.93%
• 6M: 10.25%
• YTD: 15.20%
• 1Y: 27.66%
• 3Y*: 18.12%
• 5Y*: 12.45%
• 10Y*: 11.25%
• ALL TIME*: 10.41%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBD-B.TO Bombardier Inc	CA$97.38M	CA$99.84M	CA$107.00M
VI.TO Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged)	CA$1.33M	CA$1.67M	CA$1.58M

BBD-B.TO vs. VI.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBD-B.TO Bombardier Inc	56.85%	138.87%	83.71%	1.80%	24.45%	250.00%	-75.13%	-4.93%	-33.00%	40.28%
VI.TO Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged)	15.20%	24.50%	10.42%	19.42%	-7.79%	17.72%	2.77%	21.87%	-11.37%	18.07%

Correlation

The correlation between BBD-B.TO and VI.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Dec 8, 2015	0.34

Return for Risk

BBD-B.TO vs. VI.TO — Risk / Return Rank

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

BBD-B.TO

BBD-B.TO Risk / Return Rank: 96
BBD-B.TO Sharpe Ratio Rank: 96
BBD-B.TO Sortino Ratio Rank: 95
BBD-B.TO Omega Ratio Rank: 94
BBD-B.TO Calmar Ratio Rank: 97
BBD-B.TO Martin Ratio Rank: 97

VI.TO

VI.TO Risk / Return Rank: 80
VI.TO Sharpe Ratio Rank: 81
VI.TO Sortino Ratio Rank: 80
VI.TO Omega Ratio Rank: 82
VI.TO Calmar Ratio Rank: 77
VI.TO Martin Ratio Rank: 81

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-B.TO vs. VI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bombardier Inc (BBD-B.TO) and Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) (VI.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBD-B.TO	VI.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.73	1.86	+0.87
Sortino ratio: Return per unit of downside risk	3.45	2.60	+0.84
Omega ratio: Gain probability vs. loss probability	1.42	1.35	+0.07
Calmar ratio: Return relative to maximum drawdown	7.30	2.83	+4.46
Martin ratio: Return relative to average drawdown	19.69	10.78	+8.91

BBD-B.TO vs. VI.TO - Sharpe Ratio Comparison

The current BBD-B.TO Sharpe Ratio is 2.73, which is higher than the VI.TO Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of BBD-B.TO and VI.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.

Drawdowns

BBD-B.TO vs. VI.TO - Drawdown Comparison

The maximum BBD-B.TO drawdown since its inception was -96.85%, which is greater than VI.TO's maximum drawdown of -33.53%. Use the drawdown chart below to compare losses from any high point for BBD-B.TO and VI.TO.

Drawdown Indicators

	BBD-B.TO	VI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-96.85%	-33.53%	-63.32%
Max Drawdown (1Y) Largest decline over 1 year	-17.67%	-9.80%	-7.87%
Max Drawdown (3Y) Largest decline over 3 years	-39.54%	-13.80%	-25.74%
Max Drawdown (5Y) Largest decline over 5 years	-66.64%	-16.65%	-49.99%
Max Drawdown (10Y) Largest decline over 10 years	-94.84%	-33.53%	-61.31%
Current Drawdown Current decline from peak	0.00%	-4.26%	+4.26%
Average Drawdown Average peak-to-trough decline	-57.02%	-4.16%	-52.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.54%	2.57%	+3.97%

Volatility

BBD-B.TO vs. VI.TO - Volatility Comparison

Bombardier Inc (BBD-B.TO) has a higher volatility of 9.80% compared to Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) (VI.TO) at 4.62%. This indicates that BBD-B.TO's price experiences larger fluctuations and is considered to be riskier than VI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBD-B.TO	VI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.80%	4.62%	+5.18%
Volatility (6M) Calculated over the trailing 6-month period	38.07%	13.26%	+24.81%
Volatility (1Y) Calculated over the trailing 1-year period	47.21%	14.95%	+32.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.99%	14.10%	+39.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.25%	15.75%	+44.50%

Dividends

BBD-B.TO vs. VI.TO - Dividend Comparison

BBD-B.TO has not paid dividends to shareholders, while VI.TO's dividend yield for the trailing twelve months is around 2.28%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBD-B.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%
VI.TO Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged)	2.28%	2.44%	2.60%	2.61%	2.84%	2.31%	1.98%	2.64%	2.75%	2.07%	1.62%	0.27%

Frequently Asked Questions

Can I hold both BBD-B.TO and VI.TO in my portfolio?

BBD-B.TO and VI.TO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.