HXT.TO vs. VCN.TO
Compare and contrast key facts about Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Vanguard FTSE Canada All Cap Index ETF (VCN.TO).
HXT.TO and VCN.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HXT.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 14, 2010. VCN.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada All Cap Domestic Index. It was launched on Aug 2, 2013. Both HXT.TO and VCN.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HXT.TO or VCN.TO.
Correlation
The correlation between HXT.TO and VCN.TO is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HXT.TO vs. VCN.TO - Performance Comparison
Key characteristics
HXT.TO:
2.20
VCN.TO:
2.34
HXT.TO:
3.05
VCN.TO:
3.19
HXT.TO:
1.40
VCN.TO:
1.42
HXT.TO:
4.49
VCN.TO:
4.43
HXT.TO:
13.20
VCN.TO:
14.15
HXT.TO:
1.67%
VCN.TO:
1.64%
HXT.TO:
10.05%
VCN.TO:
9.93%
HXT.TO:
-35.48%
VCN.TO:
-37.32%
HXT.TO:
-2.65%
VCN.TO:
-2.34%
Returns By Period
The year-to-date returns for both stocks are quite close, with HXT.TO having a 2.43% return and VCN.TO slightly lower at 2.32%. Over the past 10 years, HXT.TO has outperformed VCN.TO with an annualized return of 8.87%, while VCN.TO has yielded a comparatively lower 8.41% annualized return.
HXT.TO
2.43%
-0.08%
10.14%
21.20%
10.86%
8.87%
VCN.TO
2.32%
-0.29%
10.27%
22.40%
10.77%
8.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HXT.TO vs. VCN.TO - Expense Ratio Comparison
HXT.TO has a 0.07% expense ratio, which is higher than VCN.TO's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HXT.TO vs. VCN.TO — Risk-Adjusted Performance Rank
HXT.TO
VCN.TO
HXT.TO vs. VCN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Vanguard FTSE Canada All Cap Index ETF (VCN.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
HXT.TO vs. VCN.TO - Dividend Comparison
HXT.TO has not paid dividends to shareholders, while VCN.TO's dividend yield for the trailing twelve months is around 2.65%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HXT.TO Global X S&P/TSX 60 Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCN.TO Vanguard FTSE Canada All Cap Index ETF | 2.65% | 2.71% | 3.00% | 3.17% | 2.49% | 2.72% | 2.87% | 2.82% | 2.30% | 2.36% | 2.66% | 1.86% |
Drawdowns
HXT.TO vs. VCN.TO - Drawdown Comparison
The maximum HXT.TO drawdown since its inception was -35.48%, roughly equal to the maximum VCN.TO drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for HXT.TO and VCN.TO. For additional features, visit the drawdowns tool.
Volatility
HXT.TO vs. VCN.TO - Volatility Comparison
Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Vanguard FTSE Canada All Cap Index ETF (VCN.TO) have volatilities of 3.55% and 3.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.