CAE.TO vs. VEQT.TO

Last updated Jun 4, 2026

CAE.TO (CAE Inc.) is a stock, while VEQT.TO (Vanguard All-Equity ETF Portfolio) is Global Equities fund actively managed by Vanguard. Over the past 5 years, CAE.TO returned -1.58%/yr vs 14.01%/yr for VEQT.TO. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

CAE.TO vs. VEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CAE Inc. (CAE.TO) and Vanguard All-Equity ETF Portfolio (VEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CAE.TO achieves a -16.99% return, which is significantly lower than VEQT.TO's 12.75% return.

CAE.TO

• 1D: -1.25%
• 1M: -1.59%
• YTD: -16.99%
• 6M: -8.55%
• 1Y: -3.16%
• 3Y*: 6.36%
• 5Y*: -1.58%
• 10Y*: 8.39%

VEQT.TO

• 1D: -0.54%
• 1M: 6.10%
• YTD: 12.75%
• 6M: 12.66%
• 1Y: 31.65%
• 3Y*: 22.37%
• 5Y*: 14.01%
• 10Y*: —

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

CAE.TO vs. VEQT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CAE.TO CAE Inc.	-16.99%	14.36%	27.62%	9.20%	-17.93%	-9.53%	2.97%	25.06%
VEQT.TO Vanguard All-Equity ETF Portfolio	12.75%	20.37%	24.73%	16.70%	-10.76%	19.62%	11.42%	12.94%

Correlation

The correlation between CAE.TO and VEQT.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Feb 6, 2019	0.51

The correlation between CAE.TO and VEQT.TO has been stable across timeframes, ranging from 0.50 to 0.56 - a consistent structural relationship.

Return for Risk

CAE.TO vs. VEQT.TO — Risk / Return Rank

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

CAE.TO

CAE.TO Risk / Return Rank: 35
CAE.TO Sharpe Ratio Rank: 37
CAE.TO Sortino Ratio Rank: 32
CAE.TO Omega Ratio Rank: 32
CAE.TO Calmar Ratio Rank: 37
CAE.TO Martin Ratio Rank: 36

VEQT.TO

VEQT.TO Risk / Return Rank: 81
VEQT.TO Sharpe Ratio Rank: 82
VEQT.TO Sortino Ratio Rank: 83
VEQT.TO Omega Ratio Rank: 82
VEQT.TO Calmar Ratio Rank: 76
VEQT.TO Martin Ratio Rank: 83

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.

CAE.TO vs. VEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CAE Inc. (CAE.TO) and Vanguard All-Equity ETF Portfolio (VEQT.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.

	CAE.TO	VEQT.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.10	2.74	-2.84
Sortino ratio: Return per unit of downside risk	0.08	3.77	-3.70
Omega ratio: Gain probability vs. loss probability	1.01	1.51	-0.50
Calmar ratio: Return relative to maximum drawdown	-0.10	3.95	-4.05
Martin ratio: Return relative to average drawdown	-0.24	17.38	-17.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAE.TO vs. VEQT.TO - Sharpe Ratio Comparison

The current CAE.TO Sharpe Ratio is -0.10, which is lower than the VEQT.TO Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of CAE.TO and VEQT.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

	CAE.TO	VEQT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.10	2.74	-2.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.05	1.09	-1.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.91	-0.71

Drawdowns

CAE.TO vs. VEQT.TO - Drawdown Comparison

The maximum CAE.TO drawdown since its inception was -80.68%, which is greater than VEQT.TO's maximum drawdown of -30.45%. Use the drawdown chart below to compare losses from any high point for CAE.TO and VEQT.TO.

Drawdown Indicators

	CAE.TO	VEQT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-80.68%	-30.45%	-50.23%
Max Drawdown (1Y) Largest decline over 1 year	-32.47%	-8.05%	-24.42%
Max Drawdown (3Y) Largest decline over 3 years	-32.80%	-15.46%	-17.34%
Max Drawdown (5Y) Largest decline over 5 years	-50.05%	-18.32%	-31.73%
Max Drawdown (10Y) Largest decline over 10 years	-64.91%	—	—
Current Drawdown Current decline from peak	-26.90%	-0.54%	-26.36%
Average Drawdown Average peak-to-trough decline	-25.25%	-3.71%	-21.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.20%	1.83%	+11.37%

Volatility

CAE.TO vs. VEQT.TO - Volatility Comparison

CAE Inc. (CAE.TO) has a higher volatility of 18.01% compared to Vanguard All-Equity ETF Portfolio (VEQT.TO) at 3.68%. This indicates that CAE.TO's price experiences larger fluctuations and is considered to be riskier than VEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAE.TO	VEQT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.01%	3.68%	+14.33%
Volatility (6M) Calculated over the trailing 6-month period	27.01%	9.37%	+17.64%
Volatility (1Y) Calculated over the trailing 1-year period	31.77%	11.61%	+20.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.64%	12.90%	+21.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.45%	15.77%	+19.68%

Dividends

CAE.TO vs. VEQT.TO - Dividend Comparison

CAE.TO has not paid dividends to shareholders, while VEQT.TO's dividend yield for the trailing twelve months is around 1.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAE.TO CAE Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.31%	1.22%	1.51%	1.46%	1.65%	1.89%
VEQT.TO Vanguard All-Equity ETF Portfolio	1.26%	1.42%	1.58%	1.88%	2.09%	1.40%	1.48%	1.42%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CAE.TO and VEQT.TO in my portfolio?

CAE.TO and VEQT.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.