VBAL.TO vs. FTS.TO
VBAL.TO (Vanguard Balanced ETF Portfolio) is Diversified Portfolio fund actively managed by Vanguard, while FTS.TO (Fortis Inc.) is a stock. Over the past 5 years, VBAL.TO returned 7.73%/yr vs 11.27%/yr for FTS.TO. At a 0.23 correlation, their price movements are largely independent.
Performance
VBAL.TO vs. FTS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, VBAL.TO achieves a 7.94% return, which is significantly lower than FTS.TO's 13.43% return.
VBAL.TO
- 1D
- 0.48%
- 1M
- 2.81%
- YTD
- 7.94%
- 6M
- 7.00%
- 1Y
- 18.37%
- 3Y*
- 13.77%
- 5Y*
- 7.73%
- 10Y*
- —
FTS.TO
- 1D
- 0.99%
- 1M
- 5.79%
- YTD
- 13.43%
- 6M
- 15.37%
- 1Y
- 25.87%
- 3Y*
- 16.29%
- 5Y*
- 11.27%
- 10Y*
- 10.80%
VBAL.TO vs. FTS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VBAL.TO Vanguard Balanced ETF Portfolio | 7.94% | 11.92% | 14.62% | 12.49% | -11.39% | 10.21% | 10.27% | 14.90% | -3.35% |
FTS.TO Fortis Inc. | 13.43% | 23.93% | 14.24% | 4.76% | -7.87% | 21.81% | 0.04% | 22.71% | 9.01% |
Correlation
The correlation between VBAL.TO and FTS.TO is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2018 | 0.23 |
The correlation between VBAL.TO and FTS.TO shifts across timeframes, from -0.12 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VBAL.TO vs. FTS.TO — Risk / Return Rank
VBAL.TO
FTS.TO
VBAL.TO vs. FTS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced ETF Portfolio (VBAL.TO) and Fortis Inc. (FTS.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.
| VBAL.TO | FTS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.36 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 4.33 | -1.38 |
| Martin ratioReturn relative to average drawdown | 12.36 | 10.47 | +1.89 |
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Drawdowns
VBAL.TO vs. FTS.TO - Drawdown Comparison
The maximum VBAL.TO drawdown since its inception was -21.19%, smaller than the maximum FTS.TO drawdown of -28.27%. Use the drawdown chart below to compare losses from any high point for VBAL.TO and FTS.TO.
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Drawdown Indicators
| VBAL.TO | FTS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.19% | -28.27% | +7.08% |
Max Drawdown (1Y)Largest decline over 1 year | -5.93% | -6.09% | +0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -9.66% | -10.97% | +1.31% |
Max Drawdown (5Y)Largest decline over 5 years | -16.38% | -24.01% | +7.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.27% | — |
Current DrawdownCurrent decline from peak | -0.50% | 0.00% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -3.14% | -5.71% | +2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 2.51% | -1.09% |
Volatility
VBAL.TO vs. FTS.TO - Volatility Comparison
The current volatility for Vanguard Balanced ETF Portfolio (VBAL.TO) is 3.41%, while Fortis Inc. (FTS.TO) has a volatility of 4.96%. This indicates that VBAL.TO experiences smaller price fluctuations and is considered to be less risky than FTS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VBAL.TO | FTS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 4.96% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 7.00% | 10.44% | -3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.33% | 13.12% | -4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.70% | 14.45% | -5.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.11% | 16.86% | -6.75% |
Dividends
VBAL.TO vs. FTS.TO - Dividend Comparison
VBAL.TO's dividend yield for the trailing twelve months is around 2.07%, less than FTS.TO's 3.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTS.TO Fortis Inc. | 3.18% | 3.48% | 3.99% | 4.19% | 4.01% | 3.36% | 3.73% | 3.39% | 3.79% | 3.52% | 3.68% | 3.73% |
VBAL.TO Vanguard Balanced ETF Portfolio | 2.07% | 2.23% | 2.30% | 2.37% | 2.21% | 1.95% | 1.82% | 2.25% | 2.04% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VBAL.TO and FTS.TO have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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