SMVP.TO vs. VIG

Last updated Apr 1, 2026

Compare and contrast key facts about HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) and Vanguard Dividend Appreciation ETF (VIG).

SMVP.TO and VIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMVP.TO is a passively managed fund by Hamilton Capital that tracks the performance of the Solactive United States Dividend Elite Champions Index. It was launched on Jan 24, 2025. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Dec 19, 2013. Both SMVP.TO and VIG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SMVP.TO vs. VIG - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) and Vanguard Dividend Appreciation ETF (VIG). The values are adjusted to include any dividend payments, if applicable.

SMVP.TO vs. VIG - Yearly Performance Comparison

	2026 (YTD)	2025
SMVP.TO HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)	5.52%	1.65%
VIG Vanguard Dividend Appreciation ETF	-0.44%	5.71%

Different Trading Currencies

SMVP.TO is traded in CAD, while VIG is traded in USD. To make them comparable, the VIG values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SMVP.TO achieves a 5.52% return, which is significantly higher than VIG's -2.37% return.

SMVP.TO

• 1D: 0.71%
• 1M: -4.91%
• YTD: 5.52%
• 6M: 6.41%
• 1Y: 7.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VIG

• 1D: 0.00%
• 1M: -5.19%
• YTD: -2.37%
• 6M: -1.58%
• 1Y: 6.81%
• 3Y*: 14.14%
• 5Y*: 11.61%
• 10Y*: 12.78%

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

SMVP.TO vs. VIG - Expense Ratio Comparison

SMVP.TO has a 0.00% expense ratio, which is lower than VIG's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

VIG

Vanguard Dividend Appreciation ETF

SMVP.TO

HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)

Return for Risk

SMVP.TO vs. VIG — Risk / Return Rank

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

SMVP.TO

SMVP.TO Risk / Return Rank: 32
SMVP.TO Sharpe Ratio Rank: 30
SMVP.TO Sortino Ratio Rank: 30
SMVP.TO Omega Ratio Rank: 29
SMVP.TO Calmar Ratio Rank: 34
SMVP.TO Martin Ratio Rank: 38

VIG

VIG Risk / Return Rank: 55
VIG Sharpe Ratio Rank: 50
VIG Sortino Ratio Rank: 52
VIG Omega Ratio Rank: 53
VIG Calmar Ratio Rank: 57
VIG Martin Ratio Rank: 63

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.

SMVP.TO vs. VIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) and Vanguard Dividend Appreciation ETF (VIG). 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.

	SMVP.TO	VIG	Difference
Sharpe ratio Return per unit of total volatility	0.54	0.45	+0.09
Sortino ratio Return per unit of downside risk	0.85	0.72	+0.13
Omega ratio Gain probability vs. loss probability	1.12	1.10	+0.01
Calmar ratio Return relative to maximum drawdown	0.86	0.76	+0.10
Martin ratio Return relative to average drawdown	3.47	2.81	+0.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMVP.TO vs. VIG - Sharpe Ratio Comparison

The current SMVP.TO Sharpe Ratio is 0.54, which is comparable to the VIG Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of SMVP.TO and VIG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMVP.TO	VIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	0.45	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.93	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.03	-0.57

Correlation

The correlation between SMVP.TO and VIG is 0.49, 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.

Dividends

SMVP.TO vs. VIG - Dividend Comparison

SMVP.TO's dividend yield for the trailing twelve months is around 1.94%, more than VIG's 1.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMVP.TO HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)	1.94%	1.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIG Vanguard Dividend Appreciation ETF	1.61%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

Drawdowns

SMVP.TO vs. VIG - Drawdown Comparison

The maximum SMVP.TO drawdown since its inception was -12.11%, smaller than the maximum VIG drawdown of -25.31%. Use the drawdown chart below to compare losses from any high point for SMVP.TO and VIG.

Drawdown Indicators

	SMVP.TO	VIG	Difference
Max Drawdown Largest peak-to-trough decline	-12.11%	-46.81%	+34.70%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-10.83%	+0.60%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.72%	—
Current Drawdown Current decline from peak	-4.97%	-6.00%	+1.03%
Average Drawdown Average peak-to-trough decline	-2.27%	-5.55%	+3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	2.42%	+0.17%

Volatility

SMVP.TO vs. VIG - Volatility Comparison

The current volatility for HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) is 3.28%, while Vanguard Dividend Appreciation ETF (VIG) has a volatility of 3.47%. This indicates that SMVP.TO experiences smaller price fluctuations and is considered to be less risky than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMVP.TO	VIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	3.47%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	7.16%	7.97%	-0.81%
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	15.13%	-1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.50%	12.55%	+0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.50%	14.64%	-1.14%