ESGF.TO vs. VCB.TO
ESGF.TO (BMO ESG US Corporate Bond Hedged to CAD Index ETF) and VCB.TO (Vanguard Canadian Corporate Bond Index ETF) are both Corporate Bonds funds. Over the past 5 years, ESGF.TO returned -1.70%/yr vs 2.36%/yr for VCB.TO. At a 0.16 correlation, their price movements are largely independent.
Performance
ESGF.TO vs. VCB.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESGF.TO achieves a -0.04% return, which is significantly lower than VCB.TO's 1.83% return.
ESGF.TO
- 1D
- -1.34%
- 1M
- 0.25%
- YTD
- -0.04%
- 6M
- -0.33%
- 1Y
- 2.57%
- 3Y*
- 2.73%
- 5Y*
- -1.70%
- 10Y*
- —
VCB.TO
- 1D
- -0.12%
- 1M
- 0.32%
- YTD
- 1.83%
- 6M
- 1.79%
- 1Y
- 3.97%
- 3Y*
- 6.14%
- 5Y*
- 2.36%
- 10Y*
- —
ESGF.TO vs. VCB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESGF.TO BMO ESG US Corporate Bond Hedged to CAD Index ETF | -0.04% | 5.25% | -2.92% | 7.28% | -15.76% | -3.12% | 9.56% |
VCB.TO Vanguard Canadian Corporate Bond Index ETF | 1.83% | 4.46% | 6.63% | 7.98% | -8.96% | -1.55% | 7.53% |
Correlation
The correlation between ESGF.TO and VCB.TO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | 0.16 |
The correlation between ESGF.TO and VCB.TO shifts across timeframes, from 0.16 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ESGF.TO vs. VCB.TO — Risk / Return Rank
ESGF.TO
VCB.TO
ESGF.TO vs. VCB.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF.TO) and Vanguard Canadian Corporate Bond Index ETF (VCB.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESGF.TO | VCB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.21 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.63 | -0.75 |
| Martin ratioReturn relative to average drawdown | 2.00 | 5.22 | -3.23 |
Loading charts...
Drawdowns
ESGF.TO vs. VCB.TO - Drawdown Comparison
The maximum ESGF.TO drawdown since its inception was -23.55%, which is greater than VCB.TO's maximum drawdown of -14.00%. Use the drawdown chart below to compare losses from any high point for ESGF.TO and VCB.TO.
Loading charts...
Drawdown Indicators
| ESGF.TO | VCB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.55% | -14.00% | -9.55% |
Max Drawdown (1Y)Largest decline over 1 year | -2.92% | -2.45% | -0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -8.77% | -3.21% | -5.56% |
Max Drawdown (5Y)Largest decline over 5 years | -23.18% | -13.17% | -10.01% |
Current DrawdownCurrent decline from peak | -10.58% | -0.12% | -10.46% |
Average DrawdownAverage peak-to-trough decline | -10.59% | -3.05% | -7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 0.77% | +0.52% |
Volatility
ESGF.TO vs. VCB.TO - Volatility Comparison
BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF.TO) has a higher volatility of 2.12% compared to Vanguard Canadian Corporate Bond Index ETF (VCB.TO) at 1.01%. This indicates that ESGF.TO's price experiences larger fluctuations and is considered to be riskier than VCB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ESGF.TO | VCB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 1.01% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 3.76% | 2.66% | +1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.06% | 3.46% | +1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.34% | 4.90% | +10.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.73% | 9.62% | +6.11% |
Dividends
ESGF.TO vs. VCB.TO - Dividend Comparison
ESGF.TO's dividend yield for the trailing twelve months is around 4.39%, more than VCB.TO's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ESGF.TO BMO ESG US Corporate Bond Hedged to CAD Index ETF | 4.39% | 4.14% | 4.08% | 4.06% | 3.77% | 2.93% | 2.75% | 0.00% | 0.00% | 0.00% |
VCB.TO Vanguard Canadian Corporate Bond Index ETF | 3.86% | 3.88% | 3.74% | 3.41% | 3.21% | 2.69% | 2.75% | 2.86% | 2.86% | 2.51% |
Frequently Asked Questions
ESGF.TO and VCB.TO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BMO and Vanguard.
Find the right allocation for ESGF.TO and VCB.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer