FLT.V vs. VDY.TO

Last updated Jun 6, 2026

FLT.V (Drone Delivery Canada Corp.) is a stock, while VDY.TO (Vanguard FTSE Canadian High Dividend Yield Index ETF) is Dividend fund tracking the FTSE Canada High Dividend Yield Index. At a 0.06 correlation, their price movements are largely independent.

Performance

FLT.V vs. VDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Drone Delivery Canada Corp. (FLT.V) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLT.V

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VDY.TO

• 1D: -0.68%
• 1M: 4.42%
• YTD: 21.16%
• 6M: 21.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLT.V vs. VDY.TO - Yearly Performance Comparison

	2026 (YTD)	2025
FLT.V Drone Delivery Canada Corp.	23.64%	292.86%
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF	21.16%	21.33%

Correlation

The correlation between FLT.V and VDY.TO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.06

Return for Risk

FLT.V vs. VDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Drone Delivery Canada Corp. (FLT.V) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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.

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

Sharpe Ratios by Period

	FLT.V	VDY.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	5.72	—

Drawdowns

Drawdown Indicators

	FLT.V	VDY.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-3.12%	—
Current Drawdown Current decline from peak	—	-0.68%	—
Average Drawdown Average peak-to-trough decline	—	-0.43%	—

Volatility

Volatility by Period

	FLT.V	VDY.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	8.31%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	8.31%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	8.31%	—

Dividends

FLT.V vs. VDY.TO - Dividend Comparison

FLT.V has not paid dividends to shareholders, while VDY.TO's dividend yield for the trailing twelve months is around 2.89%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLT.V Drone Delivery Canada Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF	2.89%	3.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLT.V and VDY.TO in my portfolio?

FLT.V and VDY.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.