NVDA.TO vs. VI.TO

Last updated Jun 5, 2026

NVDA.TO (Nvidia CDR (CAD Hedged)) is a stock, while VI.TO (Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged)) is International Equity fund tracking the FTSE Developed All Cap ex North America Index. Over the past 3 years, NVDA.TO returned 73.55%/yr vs 19.23%/yr for VI.TO. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

NVDA.TO vs. VI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Nvidia CDR (CAD Hedged) (NVDA.TO) and Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) (VI.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with NVDA.TO having a 15.98% return and VI.TO slightly higher at 16.50%.

NVDA.TO

• 1D: 1.45%
• 1M: 10.84%
• YTD: 15.98%
• 6M: 17.70%
• 1Y: 50.27%
• 3Y*: 73.55%
• 5Y*: —
• 10Y*: —

VI.TO

• 1D: -0.47%
• 1M: 7.15%
• YTD: 16.50%
• 6M: 19.02%
• 1Y: 33.91%
• 3Y*: 19.23%
• 5Y*: 12.97%
• 10Y*: 11.64%

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

NVDA.TO vs. VI.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NVDA.TO Nvidia CDR (CAD Hedged)	15.98%	34.82%	167.13%	233.70%	-37.69%
VI.TO Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged)	16.50%	24.50%	10.41%	19.38%	-3.15%

Correlation

The correlation between NVDA.TO and VI.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.51

The correlation between NVDA.TO and VI.TO shifts across timeframes, from 0.40 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NVDA.TO vs. VI.TO — Risk / Return Rank

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

NVDA.TO

NVDA.TO Risk / Return Rank: 78
NVDA.TO Sharpe Ratio Rank: 82
NVDA.TO Sortino Ratio Rank: 78
NVDA.TO Omega Ratio Rank: 75
NVDA.TO Calmar Ratio Rank: 78
NVDA.TO Martin Ratio Rank: 78

VI.TO

VI.TO Risk / Return Rank: 76
VI.TO Sharpe Ratio Rank: 78
VI.TO Sortino Ratio Rank: 78
VI.TO Omega Ratio Rank: 81
VI.TO Calmar Ratio Rank: 70
VI.TO Martin Ratio Rank: 75

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.

NVDA.TO vs. VI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nvidia CDR (CAD Hedged) (NVDA.TO) and Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) (VI.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.

	NVDA.TO	VI.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.54	-1.00
Sortino ratio: Return per unit of downside risk	2.17	3.53	-1.35
Omega ratio: Gain probability vs. loss probability	1.26	1.48	-0.22
Calmar ratio: Return relative to maximum drawdown	2.40	3.47	-1.07
Martin ratio: Return relative to average drawdown	5.80	14.33	-8.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVDA.TO vs. VI.TO - Sharpe Ratio Comparison

The current NVDA.TO Sharpe Ratio is 1.54, which is lower than the VI.TO Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of NVDA.TO and VI.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.

Sharpe Ratios by Period

	NVDA.TO	VI.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	2.54	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.94	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	0.66	+0.59

Drawdowns

NVDA.TO vs. VI.TO - Drawdown Comparison

The maximum NVDA.TO drawdown since its inception was -61.15%, which is greater than VI.TO's maximum drawdown of -33.54%. Use the drawdown chart below to compare losses from any high point for NVDA.TO and VI.TO.

Drawdown Indicators

	NVDA.TO	VI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-61.15%	-33.54%	-27.61%
Max Drawdown (1Y) Largest decline over 1 year	-21.05%	-9.80%	-11.25%
Max Drawdown (3Y) Largest decline over 3 years	-37.49%	-13.80%	-23.69%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.54%	—
Current Drawdown Current decline from peak	-7.45%	-0.47%	-6.98%
Average Drawdown Average peak-to-trough decline	-15.31%	-4.19%	-11.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.70%	2.37%	+6.33%

Volatility

NVDA.TO vs. VI.TO - Volatility Comparison

Nvidia CDR (CAD Hedged) (NVDA.TO) has a higher volatility of 12.40% compared to Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) (VI.TO) at 5.25%. This indicates that NVDA.TO's price experiences larger fluctuations and is considered to be riskier than VI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDA.TO	VI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.40%	5.25%	+7.15%
Volatility (6M) Calculated over the trailing 6-month period	24.92%	11.36%	+13.56%
Volatility (1Y) Calculated over the trailing 1-year period	32.79%	13.40%	+19.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.65%	13.83%	+37.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.65%	15.87%	+35.78%

Dividends

NVDA.TO vs. VI.TO - Dividend Comparison

NVDA.TO's dividend yield for the trailing twelve months is around 0.02%, less than VI.TO's 2.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVDA.TO Nvidia CDR (CAD Hedged)	0.02%	0.02%	0.02%	0.03%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VI.TO Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged)	2.14%	2.44%	2.58%	2.59%	2.87%	2.31%	1.98%	2.64%	2.75%	2.08%	1.62%	0.27%

Frequently Asked Questions

Can I hold both NVDA.TO and VI.TO in my portfolio?

NVDA.TO and VI.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.