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THU.TO vs. VUN.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

THU.TO vs. VUN.TO

Last updated Jul 16, 2026
Documentation

THU.TO (TD U.S. Equity CAD Hedged Index ETF) and VUN.TO (Vanguard U.S. Total Market Index ETF) are both Large Cap Blend Equities funds. THU.TO is actively managed, while VUN.TO is passively managed. Over the past 10 years, THU.TO returned 13.51%/yr vs 15.26%/yr for VUN.TO. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

THU.TO vs. VUN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD U.S. Equity CAD Hedged Index ETF (THU.TO) and Vanguard U.S. Total Market Index ETF (VUN.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, THU.TO achieves a 10.16% return, which is significantly lower than VUN.TO's 14.11% return. Over the past 10 years, THU.TO has underperformed VUN.TO with an annualized return of 13.51%, while VUN.TO has yielded a comparatively higher 15.26% annualized return.

THU.TO

1D
0.31%
1M
0.07%
6M
9.01%
YTD
10.16%
1Y
20.09%
3Y*
18.83%
5Y*
11.29%
10Y*
13.51%

VUN.TO

1D
-0.02%
1M
0.45%
6M
10.97%
YTD
14.11%
1Y
25.49%
3Y*
22.07%
5Y*
14.46%
10Y*
15.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

THU.TO vs. VUN.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
THU.TO
TD U.S. Equity CAD Hedged Index ETF		10.16%15.44%23.50%26.50%-21.80%27.16%18.06%29.00%-6.79%20.92%
VUN.TO
Vanguard U.S. Total Market Index ETF		14.11%11.43%33.76%23.00%-14.20%24.54%18.22%23.99%2.35%13.01%

Correlation

The correlation between THU.TO and VUN.TO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.86

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

0.82

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

0.78

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

0.62

Correlation (All Time)
Calculated using the full available price history since Mar 30, 2016

0.61

Over the past year, THU.TO and VUN.TO have become more correlated (0.86) than their long-term average of 0.61, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

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

TD U.S. Equity CAD Hedged Index ETF

Vanguard U.S. Total Market Index ETF

Often compared with VUN.TO:
VUN.TO vs. XUU.TOVUN.TO vs. VOOVUN.TO vs. VCN.TOVUN.TO vs. VTIVUN.TO vs. VEQT.TOVUN.TO vs. VFV.TOVUN.TO vs. TPU.TO

Return for Risk

THU.TO vs. VUN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
THU.TO
THU.TO Risk / Return Rank: 5656
Overall Rank
THU.TO Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
THU.TO Sortino Ratio Rank: 5656
Sortino Ratio Rank
THU.TO Omega Ratio Rank: 5555
Omega Ratio Rank
THU.TO Calmar Ratio Rank: 5151
Calmar Ratio Rank
THU.TO Martin Ratio Rank: 6363
Martin Ratio Rank
VUN.TO
VUN.TO Risk / Return Rank: 7777
Overall Rank
VUN.TO Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
VUN.TO Sortino Ratio Rank: 8080
Sortino Ratio Rank
VUN.TO Omega Ratio Rank: 7979
Omega Ratio Rank
VUN.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
VUN.TO Martin Ratio Rank: 7575
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.

THU.TO vs. VUN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD U.S. Equity CAD Hedged Index ETF (THU.TO) and Vanguard U.S. Total Market Index ETF (VUN.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.

THU.TOVUN.TODifference
Sharpe ratioReturn per unit of total volatility
1.57
2.03

-0.46

Sortino ratioReturn per unit of downside risk
2.21
2.83

-0.62

Omega ratioGain probability vs. loss probability

1.28

1.37

-0.09

Calmar ratioReturn relative to maximum drawdown

2.11

3.01

-0.90

Martin ratioReturn relative to average drawdown

9.01

11.07

-2.05

THU.TO vs. VUN.TO - Sharpe Ratio Comparison

The current THU.TO Sharpe Ratio is 1.57, which is comparable to the VUN.TO Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of THU.TO and VUN.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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Drawdowns

THU.TO vs. VUN.TO - Drawdown Comparison

The maximum THU.TO drawdown since its inception was -34.64%, which is greater than VUN.TO's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for THU.TO and VUN.TO.

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Drawdown Indicators

THU.TOVUN.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.64%

-28.19%

-6.45%

Max Drawdown (1Y)

Largest decline over 1 year

-9.59%

-8.51%

-1.08%

Max Drawdown (3Y)

Largest decline over 3 years

-19.16%

-19.88%

+0.72%

Max Drawdown (5Y)

Largest decline over 5 years

-26.37%

-23.67%

-2.70%

Max Drawdown (10Y)

Largest decline over 10 years

-34.64%

-28.19%

-6.45%

Current Drawdown

Current decline from peak

-0.64%

-1.11%

+0.47%

Average Drawdown

Average peak-to-trough decline

-4.81%

-3.78%

-1.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

2.31%

-0.08%

Volatility

THU.TO vs. VUN.TO - Volatility Comparison

TD U.S. Equity CAD Hedged Index ETF (THU.TO) and Vanguard U.S. Total Market Index ETF (VUN.TO) have volatilities of 3.40% and 3.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

THU.TOVUN.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.40%

3.30%

+0.10%

Volatility (6M)

Calculated over the trailing 6-month period

10.17%

9.75%

+0.42%

Volatility (1Y)

Calculated over the trailing 1-year period

12.84%

12.60%

+0.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.75%

15.57%

+1.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.40%

16.73%

+0.67%

Dividends

THU.TO vs. VUN.TO - Dividend Comparison

THU.TO's dividend yield for the trailing twelve months is around 0.96%, more than VUN.TO's 0.76% yield.

PositionTTM20252024202320222021202020192018201720162015
THU.TO
TD U.S. Equity CAD Hedged Index ETF		0.96%1.05%1.25%1.20%1.42%1.00%1.28%1.21%1.66%1.54%1.37%0.00%
VUN.TO
Vanguard U.S. Total Market Index ETF		0.76%0.84%0.93%1.10%1.21%0.97%1.15%1.45%1.52%1.39%1.50%1.49%

Frequently Asked Questions

THU.TO and VUN.TO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: TD and Vanguard.

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