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S100.L vs. VCN.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

S100.L vs. VCN.TO

Last updated Jun 5, 2026

S100.L (Invesco FTSE 100 UCITS ETF) and VCN.TO (Vanguard FTSE Canada All Cap Index ETF) are both exchange-traded funds - S100.L is a Europe Equities fund tracking the FTSE AllSh TR GBP, while VCN.TO is a Canada Equities fund tracking the FTSE Canada All Cap Domestic Index. Both are passively managed. Over the past 10 years, S100.L returned 8.88%/yr vs 12.44%/yr for VCN.TO. At a 0.48 correlation, their price movements are largely independent. S100.L charges 0.09%/yr vs 0.06%/yr for VCN.TO.

Performance

S100.L vs. VCN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco FTSE 100 UCITS ETF (S100.L) and Vanguard FTSE Canada All Cap Index ETF (VCN.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

S100.L is traded in GBp, while VCN.TO is traded in CAD. To make them comparable, the VCN.TO values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, S100.L achieves a 5.86% return, which is significantly lower than VCN.TO's 10.82% return. Over the past 10 years, S100.L has underperformed VCN.TO with an annualized return of 8.88%, while VCN.TO has yielded a comparatively higher 12.44% annualized return.

S100.L

1D
0.30%
1M
1.64%
YTD
5.86%
6M
8.26%
1Y
21.25%
3Y*
14.67%
5Y*
11.75%
10Y*
8.88%

VCN.TO

1D
1.11%
1M
3.83%
YTD
10.82%
6M
11.87%
1Y
34.20%
3Y*
19.64%
5Y*
13.14%
10Y*
12.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

S100.L vs. VCN.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
S100.L
Invesco FTSE 100 UCITS ETF		5.86%25.76%9.34%7.33%4.91%17.58%-11.72%17.44%-9.33%12.12%
VCN.TO
Vanguard FTSE Canada All Cap Index ETF		10.82%26.71%14.46%9.08%-1.63%27.76%3.77%23.28%-11.20%5.90%

Correlation

The correlation between S100.L and VCN.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.42

Correlation (3Y)
Calculated over the trailing 3-year period

0.47

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.50

Correlation (All Time)
Calculated using the full available price history since Aug 14, 2013

0.48

The correlation between S100.L and VCN.TO has been stable across timeframes, ranging from 0.42 to 0.50 - a consistent structural relationship.

S100.L vs. VCN.TO - Sectors Allocation Comparison

Sectors
S100.L
VCN.TO

Financial Services

24.5%
33.7%

Consumer Defensive

13.9%
2.8%

Industrials

13.7%
10.5%

Healthcare

13.6%
0.1%

Energy

11.7%
18.5%

Basic Materials

8.5%
17.6%

Utilities

5.3%
2.7%

Consumer Cyclical

4.7%
3.7%

Communication Services

2.6%
1.4%

Real Estate

0.9%
1.5%

Technology

0.8%
7.5%

Financial Services

S100.L
24.5%
VCN.TO
33.7%

Consumer Defensive

S100.L
13.9%
VCN.TO
2.8%

Industrials

S100.L
13.7%
VCN.TO
10.5%

Healthcare

S100.L
13.6%
VCN.TO
0.1%

Energy

S100.L
11.7%
VCN.TO
18.5%

Basic Materials

S100.L
8.5%
VCN.TO
17.6%

Utilities

S100.L
5.3%
VCN.TO
2.7%

Consumer Cyclical

S100.L
4.7%
VCN.TO
3.7%

Communication Services

S100.L
2.6%
VCN.TO
1.4%

Real Estate

S100.L
0.9%
VCN.TO
1.5%

Technology

S100.L
0.8%
VCN.TO
7.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco FTSE 100 UCITS ETF

Vanguard FTSE Canada All Cap Index ETF

Often compared with S100.L:
S100.L vs. VUKG.LS100.L vs. EQAC.MIS100.L vs. LGUK.LS100.L vs. CUKX.LS100.L vs. QQQS100.L vs. V3PL.DES100.L vs. VOO
Often compared with VCN.TO:
VCN.TO vs. VDY.TOVCN.TO vs. VFV.TOVCN.TO vs. VCE.TOVCN.TO vs. XEQT.TOVCN.TO vs. VIU.TOVCN.TO vs. VUN.TOVCN.TO vs. HXT.TO

Return for Risk

S100.L vs. VCN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
S100.L
S100.L Risk / Return Rank: 5454
Overall Rank
S100.L Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
S100.L Sortino Ratio Rank: 5757
Sortino Ratio Rank
S100.L Omega Ratio Rank: 5959
Omega Ratio Rank
S100.L Calmar Ratio Rank: 4848
Calmar Ratio Rank
S100.L Martin Ratio Rank: 4949
Martin Ratio Rank
VCN.TO
VCN.TO Risk / Return Rank: 8383
Overall Rank
VCN.TO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
VCN.TO Sortino Ratio Rank: 8282
Sortino Ratio Rank
VCN.TO Omega Ratio Rank: 8484
Omega Ratio Rank
VCN.TO Calmar Ratio Rank: 7878
Calmar Ratio Rank
VCN.TO Martin Ratio Rank: 8686
Martin Ratio Rank
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.

S100.L vs. VCN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE 100 UCITS ETF (S100.L) and Vanguard FTSE Canada All Cap Index ETF (VCN.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.

S100.LVCN.TODifference
Sharpe ratioReturn per unit of total volatility
1.93
2.69

-0.76

Sortino ratioReturn per unit of downside risk
2.68
3.46

-0.78

Omega ratioGain probability vs. loss probability

1.36

1.48

-0.13

Calmar ratioReturn relative to maximum drawdown

2.35

3.83

-1.48

Martin ratioReturn relative to average drawdown

8.00

16.58

-8.58

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S100.L vs. VCN.TO - Sharpe Ratio Comparison

The current S100.L Sharpe Ratio is 1.93, which is comparable to the VCN.TO Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of S100.L and VCN.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.

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Sharpe Ratios by Period

S100.LVCN.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.93

2.69

-0.76

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.92

0.92

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.72

-0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.58

-0.01

Drawdowns

S100.L vs. VCN.TO - Drawdown Comparison

The maximum S100.L drawdown since its inception was -34.58%, roughly equal to the maximum VCN.TO drawdown of -36.09%. Use the drawdown chart below to compare losses from any high point for S100.L and VCN.TO.

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Drawdown Indicators

S100.LVCN.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.58%

-36.09%

+1.51%

Max Drawdown (1Y)

Largest decline over 1 year

-9.02%

-8.98%

-0.04%

Max Drawdown (3Y)

Largest decline over 3 years

-13.04%

-14.23%

+1.19%

Max Drawdown (5Y)

Largest decline over 5 years

-13.04%

-14.23%

+1.19%

Max Drawdown (10Y)

Largest decline over 10 years

-34.58%

-36.09%

+1.51%

Current Drawdown

Current decline from peak

-3.98%

0.00%

-3.98%

Average Drawdown

Average peak-to-trough decline

-4.49%

-5.52%

+1.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.65%

2.07%

+0.58%

Volatility

S100.L vs. VCN.TO - Volatility Comparison

Invesco FTSE 100 UCITS ETF (S100.L) has a higher volatility of 3.91% compared to Vanguard FTSE Canada All Cap Index ETF (VCN.TO) at 3.39%. This indicates that S100.L's price experiences larger fluctuations and is considered to be riskier than VCN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

S100.LVCN.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.91%

3.39%

+0.52%

Volatility (6M)

Calculated over the trailing 6-month period

9.53%

10.00%

-0.47%

Volatility (1Y)

Calculated over the trailing 1-year period

10.96%

12.77%

-1.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.78%

14.35%

-1.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.09%

17.40%

-2.31%

S100.L vs. VCN.TO - Expense Ratio Comparison

S100.L has a 0.09% expense ratio, which is higher than VCN.TO's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

S100.L vs. VCN.TO - Dividend Comparison

S100.L has not paid dividends to shareholders, while VCN.TO's dividend yield for the trailing twelve months is around 1.98%.

PositionTTM20252024202320222021202020192018201720162015
S100.L
Invesco FTSE 100 UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VCN.TO
Vanguard FTSE Canada All Cap Index ETF		1.98%2.27%2.69%2.99%3.15%2.48%2.70%2.85%2.80%2.29%2.34%2.65%

Frequently Asked Questions

S100.L and VCN.TO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VCN.TO is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VCN.TO is cheaper with a 0.06% expense ratio, compared with 0.09% for S100.L.

S100.L is categorized as Europe Equities, while VCN.TO is Canada Equities. S100.L tracks FTSE AllSh TR GBP, while VCN.TO tracks FTSE Canada All Cap Domestic Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.09% for S100.L and 0.06% for VCN.TO.

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