INCO vs. VDY.TO
Compare and contrast key facts about Columbia India Consumer ETF (INCO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO).
INCO and VDY.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INCO is a passively managed fund by Ameriprise Financial that tracks the performance of the Indxx India Consumer Index. It was launched on Aug 10, 2011. VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012. Both INCO and VDY.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: INCO or VDY.TO.
Key characteristics
| INCO | VDY.TO | |
|---|---|---|
| YTD Return | 11.62% | 7.04% |
| 1Y Return | 41.01% | 13.25% |
| 3Y Return (Ann) | 16.37% | 9.14% |
| 5Y Return (Ann) | 15.21% | 10.39% |
| 10Y Return (Ann) | 12.13% | 8.00% |
| Sharpe Ratio | 3.28 | 0.99 |
| Daily Std Dev | 12.19% | 11.29% |
| Max Drawdown | -47.69% | -39.21% |
| Current Drawdown | -0.17% | 0.00% |
Correlation
The correlation between INCO and VDY.TO is 0.39, 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
INCO vs. VDY.TO - Performance Comparison
In the year-to-date period, INCO achieves a 11.62% return, which is significantly higher than VDY.TO's 7.04% return. Over the past 10 years, INCO has outperformed VDY.TO with an annualized return of 12.13%, while VDY.TO has yielded a comparatively lower 8.00% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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INCO vs. VDY.TO - Expense Ratio Comparison
INCO has a 0.75% expense ratio, which is higher than VDY.TO's 0.22% expense ratio.
Risk-Adjusted Performance
INCO vs. VDY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia India Consumer ETF (INCO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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
INCO vs. VDY.TO - Dividend Comparison
INCO's dividend yield for the trailing twelve months is around 3.42%, less than VDY.TO's 4.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INCO Columbia India Consumer ETF | 3.42% | 3.81% | 10.57% | 6.25% | 0.34% | 0.28% | 0.12% | 0.05% | 0.09% | 0.00% | 0.08% | 0.00% |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.55% | 4.64% | 4.42% | 3.58% | 4.59% | 4.25% | 4.43% | 3.82% | 3.25% | 4.11% | 3.25% | 2.50% |
Drawdowns
INCO vs. VDY.TO - Drawdown Comparison
The maximum INCO drawdown since its inception was -47.69%, which is greater than VDY.TO's maximum drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for INCO and VDY.TO. For additional features, visit the drawdowns tool.
Volatility
INCO vs. VDY.TO - Volatility Comparison
The current volatility for Columbia India Consumer ETF (INCO) is 2.20%, while Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) has a volatility of 2.67%. This indicates that INCO experiences smaller price fluctuations and is considered to be less risky than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.