PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FTS.TO vs. VGSH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FTS.TO vs. VGSH

Last updated Jun 13, 2026

FTS.TO (Fortis Inc.) is a stock, while VGSH (Vanguard Short-Term Treasury ETF) is Government Bonds fund tracking the Bloomberg U.S. Treasury 1-3 Year Index. Over the past 10 years, FTS.TO returned 10.80%/yr vs 2.60%/yr for VGSH. At a correlation of -0.02, they often move in opposite directions.

Performance

FTS.TO vs. VGSH - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fortis Inc. (FTS.TO) and Vanguard Short-Term Treasury ETF (VGSH). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

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

Returns By Period

In the year-to-date period, FTS.TO achieves a 13.43% return, which is significantly higher than VGSH's 2.61% return. Over the past 10 years, FTS.TO has outperformed VGSH with an annualized return of 10.80%, while VGSH has yielded a comparatively lower 2.60% annualized return.

FTS.TO

1D
0.99%
1M
5.79%
YTD
13.43%
6M
15.37%
1Y
25.87%
3Y*
16.29%
5Y*
11.27%
10Y*
10.80%

VGSH

1D
0.15%
1M
2.10%
YTD
2.61%
6M
2.27%
1Y
6.22%
3Y*
5.81%
5Y*
4.81%
10Y*
2.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FTS.TO vs. VGSH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FTS.TO
Fortis Inc.		13.43%23.93%14.24%4.76%-7.87%21.81%0.04%22.71%2.74%15.29%
VGSH
Vanguard Short-Term Treasury ETF		2.61%0.28%12.81%1.82%2.23%-0.64%0.59%-0.75%10.09%-6.74%

Correlation

The correlation between FTS.TO and VGSH is 0.07, 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 (1Y)
Calculated over the trailing 1-year period

0.07

Correlation (3Y)
Calculated over the trailing 3-year period

0.03

Correlation (5Y)
Calculated over the trailing 5-year period

0.03

Correlation (10Y)
Calculated over the trailing 10-year period

0.04

Correlation (All Time)
Calculated using the full available price history since Nov 23, 2009

-0.02

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fortis Inc.

Vanguard Short-Term Treasury ETF

Often compared with FTS.TO:
FTS.TO vs. CU.TOFTS.TO vs. EMA.TOFTS.TO vs. T.TOFTS.TO vs. H.TOFTS.TO vs. VDY.TOFTS.TO vs. BIP-UN.TOFTS.TO vs. TRP.TO
Often compared with VGSH:
VGSH vs. sgovVGSH vs. SHVVGSH vs. SGOVVGSH vs. SHYVGSH vs. BNDVGSH vs. VTIPVGSH vs. VCSH

Return for Risk

FTS.TO vs. VGSH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FTS.TO
FTS.TO Risk / Return Rank: 8989
Overall Rank
FTS.TO Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
FTS.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
FTS.TO Omega Ratio Rank: 8787
Omega Ratio Rank
FTS.TO Calmar Ratio Rank: 9090
Calmar Ratio Rank
FTS.TO Martin Ratio Rank: 8989
Martin Ratio Rank
VGSH
VGSH Risk / Return Rank: 8888
Overall Rank
VGSH Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
VGSH Sortino Ratio Rank: 9494
Sortino Ratio Rank
VGSH Omega Ratio Rank: 9292
Omega Ratio Rank
VGSH Calmar Ratio Rank: 8181
Calmar Ratio Rank
VGSH Martin Ratio Rank: 8484
Martin Ratio Rank
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.

FTS.TO vs. VGSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortis Inc. (FTS.TO) and Vanguard Short-Term Treasury ETF (VGSH). 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.

FTS.TOVGSHDifference
Sharpe ratioReturn per unit of total volatility
2.01
1.20

+0.81

Sortino ratioReturn per unit of downside risk
2.89
1.70

+1.19

Omega ratioGain probability vs. loss probability

1.36

1.21

+0.14

Calmar ratioReturn relative to maximum drawdown

4.33

1.46

+2.87

Martin ratioReturn relative to average drawdown

10.47

3.56

+6.91

FTS.TO vs. VGSH - Sharpe Ratio Comparison

The current FTS.TO Sharpe Ratio is 2.01, which is higher than the VGSH Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of FTS.TO and VGSH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

FTS.TO vs. VGSH - Drawdown Comparison

The maximum FTS.TO drawdown since its inception was -28.27%, which is greater than VGSH's maximum drawdown of -16.61%. Use the drawdown chart below to compare losses from any high point for FTS.TO and VGSH.

Loading charts...

Drawdown Indicators

FTS.TOVGSHDifference

Max Drawdown

Largest peak-to-trough decline

-28.27%

-16.61%

-11.66%

Max Drawdown (1Y)

Largest decline over 1 year

-6.09%

-3.87%

-2.22%

Max Drawdown (3Y)

Largest decline over 3 years

-10.97%

-5.99%

-4.98%

Max Drawdown (5Y)

Largest decline over 5 years

-24.01%

-6.36%

-17.65%

Max Drawdown (10Y)

Largest decline over 10 years

-28.27%

-16.61%

-11.66%

Current Drawdown

Current decline from peak

0.00%

-0.11%

+0.11%

Average Drawdown

Average peak-to-trough decline

-5.71%

-6.28%

+0.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

1.59%

+0.92%

Volatility

FTS.TO vs. VGSH - Volatility Comparison

Fortis Inc. (FTS.TO) has a higher volatility of 4.96% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.90%. This indicates that FTS.TO's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FTS.TOVGSHDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.96%

0.90%

+4.06%

Volatility (6M)

Calculated over the trailing 6-month period

10.44%

3.24%

+7.20%

Volatility (1Y)

Calculated over the trailing 1-year period

13.12%

4.71%

+8.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.45%

6.59%

+7.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.86%

6.84%

+10.02%

Dividends

FTS.TO vs. VGSH - Dividend Comparison

FTS.TO's dividend yield for the trailing twelve months is around 3.18%, less than VGSH's 3.87% yield.

PositionTTM20252024202320222021202020192018201720162015
FTS.TO
Fortis Inc.		3.18%3.48%3.99%4.19%4.01%3.36%3.73%3.39%3.79%3.52%3.68%3.73%
VGSH
Vanguard Short-Term Treasury ETF		3.87%4.00%4.18%3.31%1.15%0.66%1.74%2.28%1.79%1.10%0.84%0.69%

Frequently Asked Questions

FTS.TO and VGSH have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for FTS.TO and VGSH

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