CADUSD=X vs. VFV.TO
Compare and contrast key facts about CAD/USD (CADUSD=X) and Vanguard S&P 500 Index ETF (VFV.TO).
VFV.TO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CADUSD=X or VFV.TO.
Correlation
The correlation between CADUSD=X and VFV.TO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CADUSD=X vs. VFV.TO - Performance Comparison
Key characteristics
CADUSD=X:
-0.69
VFV.TO:
2.48
CADUSD=X:
-0.99
VFV.TO:
3.48
CADUSD=X:
0.88
VFV.TO:
1.46
CADUSD=X:
-0.10
VFV.TO:
3.85
CADUSD=X:
-0.98
VFV.TO:
17.48
CADUSD=X:
3.63%
VFV.TO:
1.68%
CADUSD=X:
4.99%
VFV.TO:
11.82%
CADUSD=X:
-37.49%
VFV.TO:
-27.43%
CADUSD=X:
-34.95%
VFV.TO:
-1.35%
Returns By Period
In the year-to-date period, CADUSD=X achieves a 1.52% return, which is significantly lower than VFV.TO's 2.57% return. Over the past 10 years, CADUSD=X has underperformed VFV.TO with an annualized return of -1.18%, while VFV.TO has yielded a comparatively higher 14.44% annualized return.
CADUSD=X
1.52%
2.22%
-3.42%
-4.81%
-1.23%
-1.18%
VFV.TO
2.57%
-0.03%
14.63%
29.74%
15.68%
14.44%
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Risk-Adjusted Performance
CADUSD=X vs. VFV.TO — Risk-Adjusted Performance Rank
CADUSD=X
VFV.TO
CADUSD=X vs. VFV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CAD/USD (CADUSD=X) 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.
Drawdowns
CADUSD=X vs. VFV.TO - Drawdown Comparison
The maximum CADUSD=X drawdown since its inception was -37.49%, 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 CADUSD=X and VFV.TO. For additional features, visit the drawdowns tool.
Volatility
CADUSD=X vs. VFV.TO - Volatility Comparison
CAD/USD (CADUSD=X) has a higher volatility of 2.97% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 2.66%. This indicates that CADUSD=X'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.