GBSL.TO vs. VVL.TO

Last updated Jun 6, 2026

GBSL.TO (Ninepoint Global Select Fund - Series ETF) and VVL.TO (Vanguard Global Value Factor ETF CAD) are both Global Equities funds. Both are actively managed. GBSL.TO charges 0.85%/yr vs 0.38%/yr for VVL.TO.

Performance

GBSL.TO vs. VVL.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 Value Factor ETF CAD (VVL.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*: —

VVL.TO

• 1D: -0.97%
• 1M: 1.62%
• YTD: 10.88%
• 6M: 8.65%
• 1Y: 31.51%
• 3Y*: 19.83%
• 5Y*: 13.21%
• 10Y*: —

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

Return for Risk

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

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

VVL.TO

VVL.TO Risk / Return Rank: 76
VVL.TO Sharpe Ratio Rank: 76
VVL.TO Sortino Ratio Rank: 79
VVL.TO Omega Ratio Rank: 72
VVL.TO Calmar Ratio Rank: 76
VVL.TO Martin Ratio Rank: 78

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. VVL.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 Value Factor ETF CAD (VVL.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	VVL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.63	—

Drawdowns

Drawdown Indicators

	GBSL.TO	VVL.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-43.88%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.07%	—
Current Drawdown Current decline from peak	—	-0.97%	—
Average Drawdown Average peak-to-trough decline	—	-5.79%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.26%	—

Volatility

Volatility by Period

	GBSL.TO	VVL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.05%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.09%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.97%	—

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

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

Dividends

GBSL.TO vs. VVL.TO - Dividend Comparison

GBSL.TO has not paid dividends to shareholders, while VVL.TO's dividend yield for the trailing twelve months is around 1.70%.

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%
VVL.TO Vanguard Global Value Factor ETF CAD	1.70%	1.89%	2.19%	2.69%	2.57%	1.50%	1.70%	2.65%	2.15%	1.35%	0.60%

Frequently Asked Questions

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

On fees, VVL.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 VVL.TO?

VVL.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 VVL.TO?

They also come from different issuers: Ninepoint and Vanguard. Their fees differ too: 0.85% for GBSL.TO and 0.38% for VVL.TO.