HXT.TO vs. VFV.TO
Compare and contrast key facts about Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Vanguard S&P 500 Index ETF (VFV.TO).
HXT.TO and VFV.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. 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. Both HXT.TO and VFV.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 VFV.TO.
Correlation
The correlation between HXT.TO and VFV.TO is 0.73, 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. VFV.TO - Performance Comparison
Key characteristics
HXT.TO:
2.52
VFV.TO:
2.48
HXT.TO:
3.51
VFV.TO:
3.48
HXT.TO:
1.46
VFV.TO:
1.46
HXT.TO:
5.15
VFV.TO:
3.85
HXT.TO:
15.23
VFV.TO:
17.48
HXT.TO:
1.66%
VFV.TO:
1.68%
HXT.TO:
10.04%
VFV.TO:
11.82%
HXT.TO:
-35.48%
VFV.TO:
-27.43%
HXT.TO:
-1.50%
VFV.TO:
-1.35%
Returns By Period
In the year-to-date period, HXT.TO achieves a 3.64% return, which is significantly higher than VFV.TO's 2.57% return. Over the past 10 years, HXT.TO has underperformed VFV.TO with an annualized return of 9.03%, while VFV.TO has yielded a comparatively higher 14.33% annualized return.
HXT.TO
3.64%
2.04%
12.17%
23.19%
11.01%
9.03%
VFV.TO
2.57%
-0.03%
13.93%
29.74%
15.62%
14.33%
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HXT.TO vs. VFV.TO - Expense Ratio Comparison
HXT.TO has a 0.07% expense ratio, which is lower than VFV.TO's 0.09% expense ratio. Despite the difference, 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. VFV.TO — Risk-Adjusted Performance Rank
HXT.TO
VFV.TO
HXT.TO vs. VFV.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 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
HXT.TO vs. VFV.TO - Dividend Comparison
HXT.TO has not paid dividends to shareholders, while VFV.TO's dividend yield for the trailing twelve months is around 0.96%.
| 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% |
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
HXT.TO vs. VFV.TO - Drawdown Comparison
The maximum HXT.TO drawdown since its inception was -35.48%, 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 HXT.TO and VFV.TO. For additional features, visit the drawdowns tool.
Volatility
HXT.TO vs. VFV.TO - Volatility Comparison
Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) has a higher volatility of 3.35% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 3.10%. This indicates that HXT.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.