GBSL.TO vs. VMO.TO

Last updated Jun 6, 2026

GBSL.TO (Ninepoint Global Select Fund - Series ETF) and VMO.TO (Vanguard Global Momentum Factor ETF CAD) are both exchange-traded funds - GBSL.TO is a Global Equities fund actively managed by Ninepoint, while VMO.TO is a Momentum fund actively managed by Vanguard. Both are actively managed. GBSL.TO charges 0.85%/yr vs 0.38%/yr for VMO.TO.

Performance

GBSL.TO vs. VMO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Ninepoint Global Select Fund - Series ETF (GBSL.TO) and Vanguard Global Momentum Factor ETF CAD (VMO.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GBSL.TO

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

VMO.TO

• 1D: -4.63%
• 1M: -0.93%
• YTD: 20.26%
• 6M: 17.96%
• 1Y: 41.18%
• 3Y*: 28.29%
• 5Y*: 16.50%
• 10Y*: —

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

Return for Risk

GBSL.TO vs. VMO.TO — Risk / Return Rank

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

VMO.TO

VMO.TO Risk / Return Rank: 73
VMO.TO Sharpe Ratio Rank: 69
VMO.TO Sortino Ratio Rank: 64
VMO.TO Omega Ratio Rank: 65
VMO.TO Calmar Ratio Rank: 83
VMO.TO Martin Ratio Rank: 84

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.

GBSL.TO vs. VMO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ninepoint Global Select Fund - Series ETF (GBSL.TO) and Vanguard Global Momentum Factor ETF CAD (VMO.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

	GBSL.TO	VMO.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.80	—

Drawdowns

Drawdown Indicators

	GBSL.TO	VMO.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-30.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.07%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.26%	—
Current Drawdown Current decline from peak	—	-4.63%	—
Average Drawdown Average peak-to-trough decline	—	-5.22%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.52%	—

Volatility

Volatility by Period

	GBSL.TO	VMO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	19.87%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.08%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	19.00%	—

GBSL.TO vs. VMO.TO - Expense Ratio Comparison

GBSL.TO has a 0.85% expense ratio, which is higher than VMO.TO's 0.38% expense ratio.

Dividends

GBSL.TO vs. VMO.TO - Dividend Comparison

GBSL.TO has not paid dividends to shareholders, while VMO.TO's dividend yield for the trailing twelve months is around 0.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GBSL.TO Ninepoint Global Select Fund - Series ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VMO.TO Vanguard Global Momentum Factor ETF CAD	0.71%	0.85%	0.90%	1.04%	1.67%	1.11%	0.71%	1.71%	0.81%	1.17%	0.51%

Frequently Asked Questions

Which ETF is better, GBSL.TO or VMO.TO?

On fees, VMO.TO is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GBSL.TO or VMO.TO?

VMO.TO is cheaper with a 0.38% expense ratio, compared with 0.85% for GBSL.TO.

What is the main difference between GBSL.TO and VMO.TO?

GBSL.TO is categorized as Global Equities, while VMO.TO is Momentum. They also come from different issuers: Ninepoint and Vanguard. Their fees differ too: 0.85% for GBSL.TO and 0.38% for VMO.TO.