CDZ.TO vs. VEQT.TO
Compare and contrast key facts about iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) and Vanguard All-Equity ETF Portfolio (VEQT.TO).
CDZ.TO and VEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CDZ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Sep 8, 2006. VEQT.TO is an actively managed fund by Vanguard. It was launched on Jan 29, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDZ.TO or VEQT.TO.
Key characteristics
| CDZ.TO | VEQT.TO | |
|---|---|---|
| YTD Return | 4.21% | 11.07% |
| 1Y Return | 8.54% | 21.17% |
| 3Y Return (Ann) | 4.62% | 9.19% |
| 5Y Return (Ann) | 7.58% | 10.71% |
| Sharpe Ratio | 0.86 | 2.42 |
| Daily Std Dev | 10.81% | 9.03% |
| Max Drawdown | -49.12% | -30.45% |
| Current Drawdown | -0.03% | -0.07% |
Correlation
The correlation between CDZ.TO and VEQT.TO is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CDZ.TO vs. VEQT.TO - Performance Comparison
In the year-to-date period, CDZ.TO achieves a 4.21% return, which is significantly lower than VEQT.TO's 11.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CDZ.TO vs. VEQT.TO - Expense Ratio Comparison
CDZ.TO has a 0.66% expense ratio, which is higher than VEQT.TO's 0.24% expense ratio.
Risk-Adjusted Performance
CDZ.TO vs. VEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.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.
Dividends
CDZ.TO vs. VEQT.TO - Dividend Comparison
CDZ.TO's dividend yield for the trailing twelve months is around 3.94%, more than VEQT.TO's 1.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDZ.TO iShares S&P/TSX Canadian Dividend Aristocrats Index ETF | 3.94% | 3.92% | 3.89% | 3.12% | 3.92% | 3.90% | 4.62% | 3.63% | 3.71% | 3.94% | 7.64% | 3.42% |
VEQT.TO Vanguard All-Equity ETF Portfolio | 1.70% | 1.88% | 2.09% | 1.40% | 1.48% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CDZ.TO vs. VEQT.TO - Drawdown Comparison
The maximum CDZ.TO drawdown since its inception was -49.12%, 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 CDZ.TO and VEQT.TO. For additional features, visit the drawdowns tool.
Volatility
CDZ.TO vs. VEQT.TO - Volatility Comparison
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) and Vanguard All-Equity ETF Portfolio (VEQT.TO) have volatilities of 3.06% and 3.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.