LIFE.TO vs. VDY.TO
Compare and contrast key facts about Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO).
LIFE.TO 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. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIFE.TO or VDY.TO.
Key characteristics
| LIFE.TO | VDY.TO | |
|---|---|---|
| YTD Return | 5.73% | 21.48% |
| 1Y Return | 13.98% | 31.43% |
| 3Y Return (Ann) | 4.01% | 10.06% |
| 5Y Return (Ann) | 8.63% | 12.13% |
| Sharpe Ratio | 1.29 | 3.49 |
| Sortino Ratio | 1.84 | 4.85 |
| Omega Ratio | 1.22 | 1.65 |
| Calmar Ratio | 1.46 | 3.11 |
| Martin Ratio | 4.93 | 18.82 |
| Ulcer Index | 2.47% | 1.72% |
| Daily Std Dev | 9.43% | 9.29% |
| Max Drawdown | -20.04% | -39.21% |
| Current Drawdown | -7.56% | -0.10% |
Correlation
The correlation between LIFE.TO and VDY.TO is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LIFE.TO vs. VDY.TO - Performance Comparison
In the year-to-date period, LIFE.TO achieves a 5.73% return, which is significantly lower than VDY.TO's 21.48% 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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LIFE.TO vs. VDY.TO - Expense Ratio Comparison
Risk-Adjusted Performance
LIFE.TO vs. VDY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) 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
LIFE.TO vs. VDY.TO - Dividend Comparison
LIFE.TO's dividend yield for the trailing twelve months is around 6.09%, more than VDY.TO's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | 6.09% | 9.24% | 8.20% | 6.46% | 7.09% | 2,839,567.87% | 6,633,719.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.31% | 4.64% | 4.42% | 3.58% | 4.59% | 4.25% | 4.43% | 3.82% | 3.25% | 4.11% | 3.25% | 2.50% |
Drawdowns
LIFE.TO vs. VDY.TO - Drawdown Comparison
The maximum LIFE.TO drawdown since its inception was -20.04%, smaller than the maximum VDY.TO drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for LIFE.TO and VDY.TO. For additional features, visit the drawdowns tool.
Volatility
LIFE.TO vs. VDY.TO - Volatility Comparison
Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) has a higher volatility of 3.47% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 2.63%. This indicates that LIFE.TO's price experiences larger fluctuations and is considered to be riskier than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.