EQCC.TO vs. VFV.TO

Last updated Jun 4, 2026

EQCC.TO (Global X All-Equity Asset Allocation Covered Call ETF) and VFV.TO (Vanguard S&P 500 Index ETF) are both exchange-traded funds - EQCC.TO is a Derivative Income fund actively managed by Global X, while VFV.TO is a S&P 500 fund tracking the S&P 500 Index. EQCC.TO is actively managed, while VFV.TO is passively managed. Over the past year, EQCC.TO returned 28.46% vs 29.48% for VFV.TO. At a 0.37 correlation, their price movements are largely independent. EQCC.TO charges 0.65%/yr vs 0.09%/yr for VFV.TO.

Performance

EQCC.TO vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X All-Equity Asset Allocation Covered Call ETF (EQCC.TO) and Vanguard S&P 500 Index ETF (VFV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with EQCC.TO having a 12.84% return and VFV.TO slightly lower at 12.30%.

EQCC.TO

• 1D: 2.44%
• 1M: 7.82%
• YTD: 12.84%
• 6M: 12.97%
• 1Y: 28.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VFV.TO

• 1D: -0.18%
• 1M: 7.30%
• YTD: 12.30%
• 6M: 10.47%
• 1Y: 29.48%
• 3Y*: 23.57%
• 5Y*: 16.84%
• 10Y*: 16.04%

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

EQCC.TO vs. VFV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EQCC.TO Global X All-Equity Asset Allocation Covered Call ETF	12.84%	13.50%	11.68%
VFV.TO Vanguard S&P 500 Index ETF	12.30%	12.18%	18.82%

Correlation

The correlation between EQCC.TO and VFV.TO is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since May 31, 2024	0.37

Return for Risk

EQCC.TO vs. VFV.TO — Risk / Return Rank

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

EQCC.TO

EQCC.TO Risk / Return Rank: 81
EQCC.TO Sharpe Ratio Rank: 78
EQCC.TO Sortino Ratio Rank: 79
EQCC.TO Omega Ratio Rank: 90
EQCC.TO Calmar Ratio Rank: 78
EQCC.TO Martin Ratio Rank: 80

VFV.TO

VFV.TO Risk / Return Rank: 74
VFV.TO Sharpe Ratio Rank: 78
VFV.TO Sortino Ratio Rank: 77
VFV.TO Omega Ratio Rank: 78
VFV.TO Calmar Ratio Rank: 68
VFV.TO Martin Ratio Rank: 69

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.

EQCC.TO vs. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X All-Equity Asset Allocation Covered Call ETF (EQCC.TO) 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.

	EQCC.TO	VFV.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.51	2.59	-0.08
Sortino ratio: Return per unit of downside risk	3.54	3.53	0.00
Omega ratio: Gain probability vs. loss probability	1.58	1.48	+0.10
Calmar ratio: Return relative to maximum drawdown	3.96	3.44	+0.52
Martin ratio: Return relative to average drawdown	15.65	13.10	+2.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQCC.TO vs. VFV.TO - Sharpe Ratio Comparison

The current EQCC.TO Sharpe Ratio is 2.51, which is comparable to the VFV.TO Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of EQCC.TO and VFV.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

	EQCC.TO	VFV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.59	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.41	1.14	+0.27

Drawdowns

EQCC.TO vs. VFV.TO - Drawdown Comparison

The maximum EQCC.TO drawdown since its inception was -15.94%, smaller than the maximum VFV.TO drawdown of -27.43%. Use the drawdown chart below to compare losses from any high point for EQCC.TO and VFV.TO.

Drawdown Indicators

	EQCC.TO	VFV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-15.94%	-27.43%	+11.49%
Max Drawdown (1Y) Largest decline over 1 year	-7.32%	-8.62%	+1.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.43%	—
Current Drawdown Current decline from peak	0.00%	-0.18%	+0.18%
Average Drawdown Average peak-to-trough decline	-1.73%	-3.35%	+1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.26%	-0.41%

Volatility

EQCC.TO vs. VFV.TO - Volatility Comparison

Global X All-Equity Asset Allocation Covered Call ETF (EQCC.TO) has a higher volatility of 6.07% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 3.05%. This indicates that EQCC.TO'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.

Volatility by Period

	EQCC.TO	VFV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	3.05%	+3.02%
Volatility (6M) Calculated over the trailing 6-month period	9.27%	8.55%	+0.72%
Volatility (1Y) Calculated over the trailing 1-year period	11.56%	11.46%	+0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.94%	14.91%	-0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.94%	16.57%	-2.63%

EQCC.TO vs. VFV.TO - Expense Ratio Comparison

EQCC.TO has a 0.65% expense ratio, which is higher than VFV.TO's 0.09% expense ratio.

Dividends

EQCC.TO vs. VFV.TO - Dividend Comparison

EQCC.TO's dividend yield for the trailing twelve months is around 8.68%, more than VFV.TO's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQCC.TO Global X All-Equity Asset Allocation Covered Call ETF	8.68%	9.43%	5.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VFV.TO Vanguard S&P 500 Index ETF	0.83%	0.92%	0.99%	1.20%	1.31%	1.06%	1.33%	1.55%	1.68%	1.50%	1.66%	1.63%

Frequently Asked Questions

Can I hold both EQCC.TO and VFV.TO in my portfolio?

EQCC.TO and VFV.TO have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EQCC.TO or VFV.TO?

On fees, VFV.TO is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EQCC.TO or VFV.TO?

VFV.TO is cheaper with a 0.09% expense ratio, compared with 0.65% for EQCC.TO.

What is the main difference between EQCC.TO and VFV.TO?

EQCC.TO is categorized as Derivative Income, while VFV.TO is S&P 500. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.65% for EQCC.TO and 0.09% for VFV.TO.