TTTX.TO vs. VVL.TO

Last updated Jun 4, 2026

TTTX.TO (Global X Innovative Bluechip Top 10 Index ETF) and VVL.TO (Vanguard Global Value Factor ETF CAD) are both Global Equities funds. TTTX.TO is passively managed, while VVL.TO is actively managed. Over the past year, TTTX.TO returned 40.57% vs 33.99% for VVL.TO. At a correlation of -0.02, they often move in opposite directions. TTTX.TO charges 0.60%/yr vs 0.38%/yr for VVL.TO.

Performance

TTTX.TO vs. VVL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) and Vanguard Global Value Factor ETF CAD (VVL.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTTX.TO achieves a 11.33% return, which is significantly higher than VVL.TO's 10.59% return.

TTTX.TO

• 1D: -0.31%
• 1M: 5.58%
• YTD: 11.33%
• 6M: 9.55%
• 1Y: 40.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VVL.TO

• 1D: -0.67%
• 1M: 3.38%
• YTD: 10.59%
• 6M: 10.52%
• 1Y: 33.99%
• 3Y*: 21.25%
• 5Y*: 13.78%
• 10Y*: —

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

TTTX.TO vs. VVL.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TTTX.TO Global X Innovative Bluechip Top 10 Index ETF	11.33%	18.31%	21.44%
VVL.TO Vanguard Global Value Factor ETF CAD	10.59%	21.53%	3.55%

Correlation

The correlation between TTTX.TO and VVL.TO is -0.06, 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	-0.06
Correlation (All Time) Calculated using the full available price history since May 21, 2024	-0.02

TTTX.TO vs. VVL.TO - Sectors Allocation Comparison

Sectors	TTTX.TO	VVL.TO
Technology	49.8%	10.5%
Healthcare	23.1%	10.8%
Communication Services	14.2%	6.1%
Consumer Cyclical	13.0%	14.8%
Basic Materials	-	6.0%
Consumer Defensive	-	6.5%
Energy	-	9.4%
Financial Services	-	25.3%
Industrials	-	9.8%
Real Estate	-	0.9%
Utilities	-	0.0%

Return for Risk

TTTX.TO vs. VVL.TO — Risk / Return Rank

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

TTTX.TO

TTTX.TO Risk / Return Rank: 77
TTTX.TO Sharpe Ratio Rank: 83
TTTX.TO Sortino Ratio Rank: 83
TTTX.TO Omega Ratio Rank: 81
TTTX.TO Calmar Ratio Rank: 74
TTTX.TO Martin Ratio Rank: 63

VVL.TO

VVL.TO Risk / Return Rank: 77
VVL.TO Sharpe Ratio Rank: 76
VVL.TO Sortino Ratio Rank: 81
VVL.TO Omega Ratio Rank: 72
VVL.TO Calmar Ratio Rank: 76
VVL.TO Martin Ratio Rank: 78

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.

TTTX.TO vs. VVL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) and Vanguard Global Value Factor ETF CAD (VVL.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.

	TTTX.TO	VVL.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.71	2.50	+0.21
Sortino ratio: Return per unit of downside risk	3.71	3.69	+0.02
Omega ratio: Gain probability vs. loss probability	1.49	1.44	+0.05
Calmar ratio: Return relative to maximum drawdown	3.69	3.87	-0.17
Martin ratio: Return relative to average drawdown	11.24	15.35	-4.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TTTX.TO vs. VVL.TO - Sharpe Ratio Comparison

The current TTTX.TO Sharpe Ratio is 2.71, which is comparable to the VVL.TO Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of TTTX.TO and VVL.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

	TTTX.TO	VVL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.71	2.50	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	0.66	+0.61

Drawdowns

TTTX.TO vs. VVL.TO - Drawdown Comparison

The maximum TTTX.TO drawdown since its inception was -23.27%, smaller than the maximum VVL.TO drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for TTTX.TO and VVL.TO.

Drawdown Indicators

	TTTX.TO	VVL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-23.27%	-43.93%	+20.66%
Max Drawdown (1Y) Largest decline over 1 year	-11.68%	-8.83%	-2.85%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.10%	—
Current Drawdown Current decline from peak	-0.31%	-0.76%	+0.45%
Average Drawdown Average peak-to-trough decline	-4.19%	-5.71%	+1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	2.22%	+1.61%

Volatility

TTTX.TO vs. VVL.TO - Volatility Comparison

Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) has a higher volatility of 4.31% compared to Vanguard Global Value Factor ETF CAD (VVL.TO) at 3.17%. This indicates that TTTX.TO's price experiences larger fluctuations and is considered to be riskier than VVL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTTX.TO	VVL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	3.17%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	11.88%	9.36%	+2.52%
Volatility (1Y) Calculated over the trailing 1-year period	15.93%	13.68%	+2.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.69%	16.02%	+4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.69%	18.74%	+1.95%

TTTX.TO vs. VVL.TO - Expense Ratio Comparison

TTTX.TO has a 0.60% expense ratio, which is higher than VVL.TO's 0.38% expense ratio.

Dividends

TTTX.TO vs. VVL.TO - Dividend Comparison

TTTX.TO's dividend yield for the trailing twelve months is around 0.09%, less than VVL.TO's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
TTTX.TO Global X Innovative Bluechip Top 10 Index ETF	0.09%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VVL.TO Vanguard Global Value Factor ETF CAD	1.71%	1.89%	2.19%	2.65%	2.52%	1.48%	1.67%	2.60%	2.11%	1.33%	0.59%

Frequently Asked Questions

Can I hold both TTTX.TO and VVL.TO in my portfolio?

TTTX.TO and VVL.TO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTTX.TO or VVL.TO?

On fees, VVL.TO is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTTX.TO or VVL.TO?

VVL.TO is cheaper with a 0.38% expense ratio, compared with 0.60% for TTTX.TO.

What is the main difference between TTTX.TO and VVL.TO?

They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.60% for TTTX.TO and 0.38% for VVL.TO.