QBR-A.TO vs. VDY.TO

Last updated Jun 5, 2026

QBR-A.TO (Quebecor Inc) is a stock, while VDY.TO (Vanguard FTSE Canadian High Dividend Yield Index ETF) is Dividend fund tracking the FTSE Canada High Dividend Yield Index. Over the past 10 years, QBR-A.TO returned 16.66%/yr vs 14.08%/yr for VDY.TO. At a 0.13 correlation, their price movements are largely independent.

Performance

QBR-A.TO vs. VDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Quebecor Inc (QBR-A.TO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QBR-A.TO achieves a 32.58% return, which is significantly higher than VDY.TO's 22.00% return. Over the past 10 years, QBR-A.TO has outperformed VDY.TO with an annualized return of 16.66%, while VDY.TO has yielded a comparatively lower 14.08% annualized return.

QBR-A.TO

• 1D: -4.20%
• 1M: 21.07%
• YTD: 32.58%
• 6M: 33.61%
• 1Y: 75.02%
• 3Y*: 32.36%
• 5Y*: 20.12%
• 10Y*: 16.66%

VDY.TO

• 1D: 1.17%
• 1M: 5.04%
• YTD: 22.00%
• 6M: 22.35%
• 1Y: 48.66%
• 3Y*: 26.84%
• 5Y*: 17.48%
• 10Y*: 14.08%

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

QBR-A.TO vs. VDY.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QBR-A.TO Quebecor Inc	32.58%	63.39%	0.05%	17.49%	8.94%	-8.61%	2.07%	17.13%	21.51%	27.06%
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF	22.00%	29.20%	20.71%	8.40%	-0.23%	36.78%	-1.37%	21.43%	-10.09%	8.75%

Correlation

The correlation between QBR-A.TO and VDY.TO is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Nov 9, 2012	0.13

Return for Risk

QBR-A.TO vs. VDY.TO — Risk / Return Rank

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

QBR-A.TO

QBR-A.TO Risk / Return Rank: 94
QBR-A.TO Sharpe Ratio Rank: 94
QBR-A.TO Sortino Ratio Rank: 92
QBR-A.TO Omega Ratio Rank: 91
QBR-A.TO Calmar Ratio Rank: 97
QBR-A.TO Martin Ratio Rank: 97

VDY.TO

VDY.TO Risk / Return Rank: 98
VDY.TO Sharpe Ratio Rank: 98
VDY.TO Sortino Ratio Rank: 98
VDY.TO Omega Ratio Rank: 98
VDY.TO Calmar Ratio Rank: 98
VDY.TO Martin Ratio Rank: 98

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.

QBR-A.TO vs. VDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quebecor Inc (QBR-A.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.

	QBR-A.TO	VDY.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.87	5.93	-3.06
Sortino ratio: Return per unit of downside risk	3.54	8.55	-5.01
Omega ratio: Gain probability vs. loss probability	1.46	2.21	-0.75
Calmar ratio: Return relative to maximum drawdown	10.28	15.68	-5.40
Martin ratio: Return relative to average drawdown	27.24	64.02	-36.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QBR-A.TO vs. VDY.TO - Sharpe Ratio Comparison

The current QBR-A.TO Sharpe Ratio is 2.87, which is lower than the VDY.TO Sharpe Ratio of 5.93. The chart below compares the historical Sharpe Ratios of QBR-A.TO and VDY.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

	QBR-A.TO	VDY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.87	5.93	-3.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	1.52	-0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.89	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.85	-0.59

Drawdowns

QBR-A.TO vs. VDY.TO - Drawdown Comparison

The maximum QBR-A.TO drawdown since its inception was -78.58%, 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 QBR-A.TO and VDY.TO.

Drawdown Indicators

	QBR-A.TO	VDY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-78.58%	-39.21%	-39.37%
Max Drawdown (1Y) Largest decline over 1 year	-11.86%	-3.12%	-8.74%
Max Drawdown (3Y) Largest decline over 3 years	-23.03%	-10.87%	-12.16%
Max Drawdown (5Y) Largest decline over 5 years	-25.32%	-16.18%	-9.14%
Max Drawdown (10Y) Largest decline over 10 years	-30.92%	-39.21%	+8.29%
Current Drawdown Current decline from peak	-4.85%	0.00%	-4.85%
Average Drawdown Average peak-to-trough decline	-33.71%	-4.61%	-29.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.14%	0.76%	+3.38%

Volatility

QBR-A.TO vs. VDY.TO - Volatility Comparison

Quebecor Inc (QBR-A.TO) has a higher volatility of 14.83% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 3.42%. This indicates that QBR-A.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.

Volatility by Period

	QBR-A.TO	VDY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.83%	3.42%	+11.41%
Volatility (6M) Calculated over the trailing 6-month period	24.51%	6.95%	+17.56%
Volatility (1Y) Calculated over the trailing 1-year period	42.56%	8.27%	+34.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.54%	11.57%	+26.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.97%	15.96%	+15.01%

Dividends

QBR-A.TO vs. VDY.TO - Dividend Comparison

QBR-A.TO's dividend yield for the trailing twelve months is around 2.21%, less than VDY.TO's 2.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QBR-A.TO Quebecor Inc	2.21%	2.70%	3.95%	3.51%	3.97%	3.80%	2.44%	1.20%	0.68%	0.45%	0.45%	0.38%
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF	2.87%	3.59%	4.40%	4.64%	4.42%	3.58%	4.59%	4.25%	4.43%	3.82%	3.25%	4.11%

Frequently Asked Questions

Can I hold both QBR-A.TO and VDY.TO in my portfolio?

QBR-A.TO and VDY.TO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.