HMM-A.TO vs. VFV.TO
Compare and contrast key facts about Hammond Manufacturing Company Limited (HMM-A.TO) and Vanguard S&P 500 Index ETF (VFV.TO).
VFV.TO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HMM-A.TO or VFV.TO.
Correlation
The correlation between HMM-A.TO and VFV.TO is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HMM-A.TO vs. VFV.TO - Performance Comparison
Key characteristics
HMM-A.TO:
-0.69
VFV.TO:
2.50
HMM-A.TO:
-0.87
VFV.TO:
3.50
HMM-A.TO:
0.90
VFV.TO:
1.46
HMM-A.TO:
-0.68
VFV.TO:
3.89
HMM-A.TO:
-0.96
VFV.TO:
17.72
HMM-A.TO:
27.25%
VFV.TO:
1.67%
HMM-A.TO:
37.86%
VFV.TO:
11.84%
HMM-A.TO:
-90.44%
VFV.TO:
-27.43%
HMM-A.TO:
-29.65%
VFV.TO:
-1.31%
Returns By Period
In the year-to-date period, HMM-A.TO achieves a -7.05% return, which is significantly lower than VFV.TO's 2.62% return. Both investments have delivered pretty close results over the past 10 years, with HMM-A.TO having a 14.74% annualized return and VFV.TO not far behind at 14.48%.
HMM-A.TO
-7.05%
-4.41%
7.62%
-27.52%
41.36%
14.74%
VFV.TO
2.62%
3.27%
16.99%
29.75%
15.68%
14.48%
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Risk-Adjusted Performance
HMM-A.TO vs. VFV.TO — Risk-Adjusted Performance Rank
HMM-A.TO
VFV.TO
HMM-A.TO vs. VFV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hammond Manufacturing Company Limited (HMM-A.TO) and Vanguard S&P 500 Index ETF (VFV.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.
Dividends
HMM-A.TO vs. VFV.TO - Dividend Comparison
HMM-A.TO's dividend yield for the trailing twelve months is around 0.62%, less than VFV.TO's 0.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMM-A.TO Hammond Manufacturing Company Limited | 0.62% | 0.57% | 0.73% | 1.46% | 1.10% | 1.88% | 2.11% | 2.05% | 0.92% | 1.04% | 0.98% | 0.96% |
VFV.TO Vanguard S&P 500 Index ETF | 0.96% | 0.99% | 1.20% | 1.31% | 1.06% | 1.33% | 1.55% | 1.68% | 1.50% | 1.66% | 1.63% | 1.48% |
Drawdowns
HMM-A.TO vs. VFV.TO - Drawdown Comparison
The maximum HMM-A.TO drawdown since its inception was -90.44%, which is greater than VFV.TO's maximum drawdown of -27.43%. Use the drawdown chart below to compare losses from any high point for HMM-A.TO and VFV.TO. For additional features, visit the drawdowns tool.
Volatility
HMM-A.TO vs. VFV.TO - Volatility Comparison
Hammond Manufacturing Company Limited (HMM-A.TO) has a higher volatility of 15.12% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 3.23%. This indicates that HMM-A.TO's price experiences larger fluctuations and is considered to be riskier than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.