TOAK vs. VDC

Last updated Jun 24, 2026

TOAK (Twin Oak Short Horizon Absolute Return ETF) and VDC (Vanguard Consumer Staples ETF) are both exchange-traded funds - TOAK is a Multistrategy fund actively managed by Twin Oak, while VDC is a Consumer Staples Equities fund tracking the MSCI US Investable Market Consumer Staples 25/50 Index. TOAK is actively managed, while VDC is passively managed. Over the past year, TOAK returned 3.67% vs 5.57% for VDC. At a 0.06 correlation, their price movements are largely independent. TOAK charges 0.25%/yr vs 0.09%/yr for VDC.

Performance

TOAK vs. VDC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Twin Oak Short Horizon Absolute Return ETF (TOAK) and Vanguard Consumer Staples ETF (VDC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOAK achieves a 1.51% return, which is significantly lower than VDC's 8.86% return.

TOAK

• 1D: 0.02%
• 1M: 0.24%
• YTD: 1.51%
• 6M: 1.57%
• 1Y: 3.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VDC

• 1D: 1.87%
• 1M: -0.43%
• YTD: 8.86%
• 6M: 8.96%
• 1Y: 5.57%
• 3Y*: 8.14%
• 5Y*: 7.27%
• 10Y*: 7.94%

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

TOAK vs. VDC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TOAK Twin Oak Short Horizon Absolute Return ETF	1.51%	4.28%	1.36%
VDC Vanguard Consumer Staples ETF	8.86%	2.17%	0.07%

Correlation

The correlation between TOAK and VDC is 0.10, 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	0.10
Correlation (All Time) Calculated using the full available price history since Aug 20, 2024	0.06

Return for Risk

TOAK vs. VDC — Risk / Return Rank

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

TOAK

TOAK Risk / Return Rank: 52
TOAK Sharpe Ratio Rank: 38
TOAK Sortino Ratio Rank: 39
TOAK Omega Ratio Rank: 96
TOAK Calmar Ratio Rank: 45
TOAK Martin Ratio Rank: 42

VDC

VDC Risk / Return Rank: 15
VDC Sharpe Ratio Rank: 15
VDC Sortino Ratio Rank: 14
VDC Omega Ratio Rank: 14
VDC Calmar Ratio Rank: 16
VDC Martin Ratio Rank: 14

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.

TOAK vs. VDC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Twin Oak Short Horizon Absolute Return ETF (TOAK) and Vanguard Consumer Staples ETF (VDC). 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.

	TOAK	VDC	Difference
Sharpe ratio: Return per unit of total volatility	1.26	0.44	+0.82
Sortino ratio: Return per unit of downside risk	1.87	0.72	+1.15
Omega ratio: Gain probability vs. loss probability	1.77	1.08	+0.69
Calmar ratio: Return relative to maximum drawdown	2.04	0.60	+1.44
Martin ratio: Return relative to average drawdown	6.27	1.20	+5.08

TOAK vs. VDC - Sharpe Ratio Comparison

The current TOAK Sharpe Ratio is 1.26, which is higher than the VDC Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of TOAK and VDC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TOAK vs. VDC - Drawdown Comparison

The maximum TOAK drawdown since its inception was -1.81%, smaller than the maximum VDC drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for TOAK and VDC.

Drawdown Indicators

	TOAK	VDC	Difference
Max Drawdown Largest peak-to-trough decline	-1.81%	-34.24%	+32.43%
Max Drawdown (1Y) Largest decline over 1 year	-1.81%	-9.28%	+7.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.78%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.31%	—
Current Drawdown Current decline from peak	-1.53%	-5.83%	+4.30%
Average Drawdown Average peak-to-trough decline	-0.15%	-3.73%	+3.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.59%	4.67%	-4.08%

Volatility

TOAK vs. VDC - Volatility Comparison

The current volatility for Twin Oak Short Horizon Absolute Return ETF (TOAK) is 0.11%, while Vanguard Consumer Staples ETF (VDC) has a volatility of 5.04%. This indicates that TOAK experiences smaller price fluctuations and is considered to be less risky than VDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOAK	VDC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.11%	5.04%	-4.93%
Volatility (6M) Calculated over the trailing 6-month period	2.74%	10.34%	-7.60%
Volatility (1Y) Calculated over the trailing 1-year period	2.91%	12.79%	-9.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.19%	13.20%	-11.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.19%	14.68%	-12.49%

TOAK vs. VDC - Expense Ratio Comparison

TOAK has a 0.25% expense ratio, which is higher than VDC's 0.09% 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

TOAK vs. VDC - Dividend Comparison

TOAK has not paid dividends to shareholders, while VDC's dividend yield for the trailing twelve months is around 2.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TOAK Twin Oak Short Horizon Absolute Return 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%
VDC Vanguard Consumer Staples ETF	2.11%	2.26%	2.33%	2.65%	2.37%	2.14%	2.50%	2.44%	2.78%	2.52%	2.39%	2.55%

Frequently Asked Questions

Can I hold both TOAK and VDC in my portfolio?

TOAK and VDC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOAK or VDC?

VDC has higher volatility (5.04%) compared to TOAK (0.11%). In terms of maximum drawdown, TOAK dropped -1.81% vs VDC's -34.24%.

Which ETF is better, TOAK or VDC?

On 1-year performance, VDC leads with 5.57% vs 3.67% for TOAK. On fees, VDC is cheaper at 0.09% per year. On volatility, TOAK has been the lower-risk option at 0.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOAK or VDC?

Over the 1-year period, VDC has performed better with a 5.57% return vs 3.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOAK or VDC?

VDC is cheaper with a 0.09% expense ratio, compared with 0.25% for TOAK.

Which ETF pays a higher dividend yield, TOAK or VDC?

VDC has the higher dividend yield at 2.11%, compared with 0.00% for TOAK.

What is the main difference between TOAK and VDC?

TOAK is categorized as Multistrategy, while VDC is Consumer Staples Equities. They also come from different issuers: Twin Oak and Vanguard. Their fees differ too: 0.25% for TOAK and 0.09% for VDC.

Which has better risk-adjusted returns?

TOAK currently has the higher Sharpe Ratio (1.26 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.