GBSL.TO vs. VVO.TO

Last updated Jun 6, 2026

GBSL.TO (Ninepoint Global Select Fund - Series ETF) and VVO.TO (Vanguard Global Minimum Volatility ETF) are both Global Equities funds. GBSL.TO is actively managed, while VVO.TO is passively managed. GBSL.TO charges 0.85%/yr vs 0.39%/yr for VVO.TO.

Performance

GBSL.TO vs. VVO.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 Minimum Volatility ETF (VVO.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*: —

VVO.TO

• 1D: -0.22%
• 1M: 0.89%
• YTD: 6.13%
• 6M: 7.13%
• 1Y: 10.00%
• 3Y*: 11.58%
• 5Y*: 6.60%
• 10Y*: —

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

Return for Risk

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

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

VVO.TO

VVO.TO Risk / Return Rank: 39
VVO.TO Sharpe Ratio Rank: 40
VVO.TO Sortino Ratio Rank: 40
VVO.TO Omega Ratio Rank: 42
VVO.TO Calmar Ratio Rank: 34
VVO.TO Martin Ratio Rank: 40

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. VVO.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 Minimum Volatility ETF (VVO.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	VVO.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.31	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.59	—

Drawdowns

Drawdown Indicators

	GBSL.TO	VVO.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.20%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.37%	—
Current Drawdown Current decline from peak	—	-1.28%	—
Average Drawdown Average peak-to-trough decline	—	-3.46%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.75%	—

Volatility

Volatility by Period

	GBSL.TO	VVO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	7.69%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	9.84%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.10%	—

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

GBSL.TO has a 0.85% expense ratio, which is higher than VVO.TO's 0.39% expense ratio.

Dividends

GBSL.TO vs. VVO.TO - Dividend Comparison

GBSL.TO has not paid dividends to shareholders, while VVO.TO's dividend yield for the trailing twelve months is around 2.01%.

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%
VVO.TO Vanguard Global Minimum Volatility ETF	2.01%	2.13%	2.05%	2.68%	1.56%	2.30%	2.23%	2.22%	1.87%	2.07%	0.71%

Frequently Asked Questions

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

On fees, VVO.TO is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

VVO.TO is cheaper with a 0.39% expense ratio, compared with 0.85% for GBSL.TO.

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

They also come from different issuers: Ninepoint and Vanguard. Their fees differ too: 0.85% for GBSL.TO and 0.39% for VVO.TO.