CAUS.TO vs. VOO

Last updated Jun 4, 2026

CAUS.TO (Avantis CIBC U.S. All-Cap Equity ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - CAUS.TO is a Large Cap Blend Equities fund actively managed by Avantis, while VOO is a S&P 500 fund tracking the S&P 500 Index. CAUS.TO is actively managed, while VOO is passively managed. A 0.76 correlation means they provide meaningful diversification when combined. CAUS.TO charges 0.19%/yr vs 0.03%/yr for VOO.

Performance

CAUS.TO vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC U.S. All-Cap Equity ETF (CAUS.TO) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CAUS.TO is traded in CAD, while VOO is traded in USD. To make them comparable, the VOO values have been converted to CAD using the latest available exchange rates.

Returns By Period

CAUS.TO

• 1D: -0.09%
• 1M: 6.47%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: 0.00%
• 1M: 7.45%
• YTD: 12.66%
• 6M: 10.84%
• 1Y: 30.08%
• 3Y*: 23.99%
• 5Y*: 17.22%
• 10Y*: 16.44%

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

CAUS.TO vs. VOO - Yearly Performance Comparison

	2026 (YTD)
CAUS.TO Avantis CIBC U.S. All-Cap Equity ETF	10.00%
VOO Vanguard S&P 500 ETF	11.49%

Correlation

The correlation between CAUS.TO and VOO is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026	0.76

Return for Risk

CAUS.TO vs. VOO — Risk / Return Rank

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

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

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.

CAUS.TO vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC U.S. All-Cap Equity ETF (CAUS.TO) and Vanguard S&P 500 ETF (VOO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CAUS.TO	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.60	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.61	1.15	+1.45

Drawdowns

CAUS.TO vs. VOO - Drawdown Comparison

The maximum CAUS.TO drawdown since its inception was -6.25%, smaller than the maximum VOO drawdown of -27.65%. Use the drawdown chart below to compare losses from any high point for CAUS.TO and VOO.

Drawdown Indicators

	CAUS.TO	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-27.65%	+21.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.08%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.65%	—
Current Drawdown Current decline from peak	-0.31%	0.00%	-0.31%
Average Drawdown Average peak-to-trough decline	-1.68%	-3.24%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.26%	—

Volatility

Volatility by Period

	CAUS.TO	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.54%	11.64%	+3.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.54%	14.91%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	16.28%	-0.74%

CAUS.TO vs. VOO - Expense Ratio Comparison

CAUS.TO has a 0.19% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CAUS.TO vs. VOO - Dividend Comparison

CAUS.TO has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAUS.TO Avantis CIBC U.S. All-Cap Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.03%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both CAUS.TO and VOO in my portfolio?

CAUS.TO and VOO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CAUS.TO or VOO?

On fees, VOO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CAUS.TO or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.19% for CAUS.TO.

What is the main difference between CAUS.TO and VOO?

CAUS.TO is categorized as Large Cap Blend Equities, while VOO is S&P 500. They also come from different issuers: Avantis and Vanguard. Their fees differ too: 0.19% for CAUS.TO and 0.03% for VOO.