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BK.TO vs. VSB.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BK.TO vs. VSB.TO

Last updated Jun 26, 2026

BK.TO (Canadian Banc Corp.) is a stock, while VSB.TO (Vanguard Canadian Short Term Bond) is Canadian Government Bonds fund tracking the FTSE Canada Short Term Government Bond Index. Over the past 10 years, BK.TO returned 29.46%/yr vs 1.96%/yr for VSB.TO. At a correlation of -0.03, they often move in opposite directions.

Performance

BK.TO vs. VSB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Canadian Banc Corp. (BK.TO) and Vanguard Canadian Short Term Bond (VSB.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BK.TO achieves a 44.58% return, which is significantly higher than VSB.TO's 1.32% return. Over the past 10 years, BK.TO has outperformed VSB.TO with an annualized return of 29.46%, while VSB.TO has yielded a comparatively lower 1.96% annualized return.

BK.TO

1D
0.49%
1M
9.62%
YTD
44.58%
6M
46.33%
1Y
160.34%
3Y*
50.92%
5Y*
38.24%
10Y*
29.46%

VSB.TO

1D
0.00%
1M
0.53%
YTD
1.32%
6M
1.34%
1Y
3.07%
3Y*
4.87%
5Y*
2.15%
10Y*
1.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BK.TO vs. VSB.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BK.TO
Canadian Banc Corp.		44.58%103.67%31.44%-5.07%14.58%78.52%1.11%18.15%-20.58%31.55%
VSB.TO
Vanguard Canadian Short Term Bond		1.32%3.66%5.54%4.92%-3.93%-1.15%5.29%3.06%1.67%-0.36%

Correlation

The correlation between BK.TO and VSB.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.07

Correlation (10Y)
Calculated over the trailing 10-year period

-0.00

Correlation (All Time)
Calculated using the full available price history since Dec 6, 2011

-0.03

The correlation between BK.TO and VSB.TO shifts across timeframes, from -0.03 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

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Canadian Banc Corp.

Vanguard Canadian Short Term Bond

Often compared with BK.TO:
BK.TO vs. FTN.TOBK.TO vs. DFN.TOBK.TO vs. LBS.TOBK.TO vs. ENS.TOBK.TO vs. DIV.TOBK.TO vs. RS.TOBK.TO vs. DF.TO
Often compared with VSB.TO:
VSB.TO vs. XSB.TOVSB.TO vs. VAB.TOVSB.TO vs. CASH.TOVSB.TO vs. ZCS.TOVSB.TO vs. VBAL.TOVSB.TO vs. XBB.TOVSB.TO vs. VSC.TO

Return for Risk

BK.TO vs. VSB.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BK.TO
BK.TO Risk / Return Rank: 9999
Overall Rank
BK.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
BK.TO Sortino Ratio Rank: 9999
Sortino Ratio Rank
BK.TO Omega Ratio Rank: 9999
Omega Ratio Rank
BK.TO Calmar Ratio Rank: 9999
Calmar Ratio Rank
BK.TO Martin Ratio Rank: 9999
Martin Ratio Rank
VSB.TO
VSB.TO Risk / Return Rank: 5252
Overall Rank
VSB.TO Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
VSB.TO Sortino Ratio Rank: 5252
Sortino Ratio Rank
VSB.TO Omega Ratio Rank: 5858
Omega Ratio Rank
VSB.TO Calmar Ratio Rank: 5050
Calmar Ratio Rank
VSB.TO Martin Ratio Rank: 4848
Martin Ratio Rank
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.

BK.TO vs. VSB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Banc Corp. (BK.TO) and Vanguard Canadian Short Term Bond (VSB.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.

BK.TOVSB.TODifference
Sharpe ratioReturn per unit of total volatility
4.90
1.60

+3.30

Sortino ratioReturn per unit of downside risk
6.34
2.22

+4.12

Omega ratioGain probability vs. loss probability

2.29

1.31

+0.98

Calmar ratioReturn relative to maximum drawdown

16.22

2.17

+14.06

Martin ratioReturn relative to average drawdown

48.31

7.18

+41.13

BK.TO vs. VSB.TO - Sharpe Ratio Comparison

The current BK.TO Sharpe Ratio is 4.90, which is higher than the VSB.TO Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of BK.TO and VSB.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.

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Drawdowns

BK.TO vs. VSB.TO - Drawdown Comparison

The maximum BK.TO drawdown since its inception was -82.39%, which is greater than VSB.TO's maximum drawdown of -8.38%. Use the drawdown chart below to compare losses from any high point for BK.TO and VSB.TO.

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Drawdown Indicators

BK.TOVSB.TODifference

Max Drawdown

Largest peak-to-trough decline

-82.39%

-8.38%

-74.01%

Max Drawdown (1Y)

Largest decline over 1 year

-9.94%

-1.43%

-8.51%

Max Drawdown (3Y)

Largest decline over 3 years

-25.20%

-1.43%

-23.77%

Max Drawdown (5Y)

Largest decline over 5 years

-25.20%

-6.88%

-18.32%

Max Drawdown (10Y)

Largest decline over 10 years

-53.66%

-8.38%

-45.28%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-10.68%

-0.95%

-9.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.33%

0.43%

+2.90%

Volatility

BK.TO vs. VSB.TO - Volatility Comparison

Canadian Banc Corp. (BK.TO) has a higher volatility of 4.16% compared to Vanguard Canadian Short Term Bond (VSB.TO) at 0.59%. This indicates that BK.TO's price experiences larger fluctuations and is considered to be riskier than VSB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BK.TOVSB.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.16%

0.59%

+3.57%

Volatility (6M)

Calculated over the trailing 6-month period

22.51%

1.56%

+20.95%

Volatility (1Y)

Calculated over the trailing 1-year period

32.93%

1.94%

+30.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.21%

2.58%

+19.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.92%

3.48%

+23.44%

Dividends

BK.TO vs. VSB.TO - Dividend Comparison

BK.TO's dividend yield for the trailing twelve months is around 10.49%, more than VSB.TO's 2.99% yield.

PositionTTM20252024202320222021202020192018201720162015
BK.TO
Canadian Banc Corp.		10.49%11.93%17.47%21.76%19.24%11.81%11.68%13.71%16.33%15.40%9.93%16.49%
VSB.TO
Vanguard Canadian Short Term Bond		2.99%3.04%3.04%2.66%2.24%2.02%2.24%2.31%2.29%2.34%2.45%2.38%

Frequently Asked Questions

BK.TO and VSB.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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