VBAL.TO vs. T.TO
VBAL.TO (Vanguard Balanced ETF Portfolio) is Diversified Portfolio fund actively managed by Vanguard, while T.TO (TELUS Corporation) is a stock. Over the past 5 years, VBAL.TO returned 7.73%/yr vs -3.61%/yr for T.TO. At a 0.34 correlation, their price movements are largely independent.
Performance
VBAL.TO vs. T.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 higher than T.TO's -3.54% 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*
- —
T.TO
- 1D
- 0.06%
- 1M
- 1.59%
- YTD
- -3.54%
- 6M
- -1.02%
- 1Y
- -17.01%
- 3Y*
- -6.72%
- 5Y*
- -3.61%
- 10Y*
- 12.80%
VBAL.TO vs. T.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% |
T.TO TELUS Corporation | -3.54% | 0.34% | -11.50% | -4.41% | -8.27% | 23.58% | 113.11% | 21.76% | 6.84% |
Correlation
The correlation between VBAL.TO and T.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2018 | 0.34 |
Over the past year, the correlation between VBAL.TO and T.TO has dropped to 0.13 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
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Return for Risk
VBAL.TO vs. T.TO — Risk / Return Rank
VBAL.TO
T.TO
VBAL.TO vs. T.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced ETF Portfolio (VBAL.TO) and TELUS Corporation (T.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 | T.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.16 | ||
| Sortino ratioReturn per unit of downside risk | +4.29 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.82 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | -0.72 | +3.67 |
| Martin ratioReturn relative to average drawdown | 12.36 | -1.26 | +13.63 |
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Drawdowns
VBAL.TO vs. T.TO - Drawdown Comparison
The maximum VBAL.TO drawdown since its inception was -21.19%, smaller than the maximum T.TO drawdown of -39.72%. Use the drawdown chart below to compare losses from any high point for VBAL.TO and T.TO.
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Drawdown Indicators
| VBAL.TO | T.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.19% | -39.72% | +18.53% |
Max Drawdown (1Y)Largest decline over 1 year | -5.93% | -24.59% | +18.66% |
Max Drawdown (3Y)Largest decline over 3 years | -9.66% | -24.59% | +14.93% |
Max Drawdown (5Y)Largest decline over 5 years | -16.38% | -38.60% | +22.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.60% | — |
Current DrawdownCurrent decline from peak | -0.50% | -35.63% | +35.13% |
Average DrawdownAverage peak-to-trough decline | -3.14% | -10.14% | +7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 14.06% | -12.64% |
Volatility
VBAL.TO vs. T.TO - Volatility Comparison
Vanguard Balanced ETF Portfolio (VBAL.TO) and TELUS Corporation (T.TO) have volatilities of 3.41% and 3.35%, 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
| VBAL.TO | T.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 3.35% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 7.00% | 13.36% | -6.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.33% | 16.81% | -8.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.70% | 16.44% | -7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.11% | 33.56% | -23.45% |
Dividends
VBAL.TO vs. T.TO - Dividend Comparison
VBAL.TO's dividend yield for the trailing twelve months is around 2.07%, less than T.TO's 10.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
T.TO TELUS Corporation | 10.05% | 9.14% | 7.99% | 6.17% | 5.19% | 4.27% | 4.70% | 8.96% | 9.28% | 8.27% | 8.61% | 8.78% |
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 T.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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