META.TO vs. VFV.TO

Last updated Jul 22, 2026

META.TO (Meta CDR (CAD Hedged)) is a stock, while VFV.TO (Vanguard S&P 500 Index ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, META.TO returned 27.45%/yr vs 22.15%/yr for VFV.TO. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

META.TO vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Meta CDR (CAD Hedged) (META.TO) and Vanguard S&P 500 Index ETF (VFV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, META.TO achieves a -3.70% return, which is significantly lower than VFV.TO's 13.25% return.

META.TO

• 1D: -0.29%
• 1M: 11.06%
• 6M: 5.12%
• YTD: -3.70%
• 1Y: -12.04%
• 3Y*: 27.45%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.93%

VFV.TO

• 1D: 1.16%
• 1M: -0.08%
• 6M: 13.14%
• YTD: 13.25%
• 1Y: 23.85%
• 3Y*: 22.15%
• 5Y*: 15.35%
• 10Y*: 15.54%
• ALL TIME*: 17.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

META.TO vs. VFV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
META.TO Meta CDR (CAD Hedged)	-3.70%	9.98%	63.59%	96.74%
VFV.TO Vanguard S&P 500 Index ETF	13.25%	12.18%	35.23%	17.24%

Correlation

The correlation between META.TO and VFV.TO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023	0.53

The correlation between META.TO and VFV.TO has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.

Return for Risk

META.TO vs. VFV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

META.TO

META.TO Risk / Return Rank: 31
META.TO Sharpe Ratio Rank: 31
META.TO Sortino Ratio Rank: 28
META.TO Omega Ratio Rank: 29
META.TO Calmar Ratio Rank: 33
META.TO Martin Ratio Rank: 33

VFV.TO

VFV.TO Risk / Return Rank: 79
VFV.TO Sharpe Ratio Rank: 82
VFV.TO Sortino Ratio Rank: 80
VFV.TO Omega Ratio Rank: 81
VFV.TO Calmar Ratio Rank: 74
VFV.TO Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

META.TO vs. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meta CDR (CAD Hedged) (META.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	META.TO	VFV.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	1.97	-2.30
Sortino ratio: Return per unit of downside risk	-0.24	2.71	-2.96
Omega ratio: Gain probability vs. loss probability	0.97	1.36	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.35	2.78	-3.13
Martin ratio: Return relative to average drawdown	-0.64	10.37	-11.00

META.TO vs. VFV.TO - Sharpe Ratio Comparison

The current META.TO Sharpe Ratio is -0.33, which is lower than the VFV.TO Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of META.TO and VFV.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

META.TO vs. VFV.TO - Drawdown Comparison

The maximum META.TO drawdown since its inception was -34.50%, 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 META.TO and VFV.TO.

Drawdown Indicators

	META.TO	VFV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-34.50%	-27.43%	-7.07%
Max Drawdown (1Y) Largest decline over 1 year	-34.36%	-8.62%	-25.74%
Max Drawdown (3Y) Largest decline over 3 years	-34.50%	-19.05%	-15.45%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.43%	—
Current Drawdown Current decline from peak	-20.41%	-1.20%	-19.21%
Average Drawdown Average peak-to-trough decline	-8.93%	-3.33%	-5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.91%	2.31%	+16.60%

Volatility

META.TO vs. VFV.TO - Volatility Comparison

Meta CDR (CAD Hedged) (META.TO) has a higher volatility of 11.13% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 3.24%. This indicates that META.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.

Volatility by Period

	META.TO	VFV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.13%	3.24%	+7.89%
Volatility (6M) Calculated over the trailing 6-month period	28.85%	9.41%	+19.44%
Volatility (1Y) Calculated over the trailing 1-year period	36.57%	12.16%	+24.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.20%	15.05%	+21.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.20%	16.59%	+19.61%

Dividends

META.TO vs. VFV.TO - Dividend Comparison

META.TO's dividend yield for the trailing twelve months is around 0.33%, less than VFV.TO's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
META.TO Meta CDR (CAD Hedged)	0.33%	0.32%	0.34%	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	0.84%	0.92%	0.99%	1.20%	1.31%	1.06%	1.33%	1.55%	1.69%	1.51%	1.65%	1.63%

Frequently Asked Questions

Can I hold both META.TO and VFV.TO in my portfolio?

META.TO and VFV.TO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.