VBAL.TO vs. XBAL.TO
Compare and contrast key facts about Vanguard Balanced ETF Portfolio (VBAL.TO) and iShares Core Balanced ETF Portfolio (XBAL.TO).
VBAL.TO and XBAL.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VBAL.TO is an actively managed fund by Vanguard. It was launched on Jan 25, 2018. XBAL.TO is an actively managed fund by iShares. It was launched on Jun 21, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBAL.TO or XBAL.TO.
Key characteristics
| VBAL.TO | XBAL.TO | |
|---|---|---|
| YTD Return | 5.99% | 6.34% |
| 1Y Return | 13.46% | 14.25% |
| 3Y Return (Ann) | 4.44% | 4.73% |
| 5Y Return (Ann) | 6.35% | 6.65% |
| Sharpe Ratio | 1.89 | 1.90 |
| Daily Std Dev | 6.73% | 6.99% |
| Max Drawdown | -21.19% | -28.78% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VBAL.TO and XBAL.TO is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VBAL.TO vs. XBAL.TO - Performance Comparison
In the year-to-date period, VBAL.TO achieves a 5.99% return, which is significantly lower than XBAL.TO's 6.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VBAL.TO vs. XBAL.TO - Expense Ratio Comparison
VBAL.TO has a 0.24% expense ratio, which is higher than XBAL.TO's 0.20% 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%.
Risk-Adjusted Performance
VBAL.TO vs. XBAL.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced ETF Portfolio (VBAL.TO) and iShares Core Balanced ETF Portfolio (XBAL.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.
Dividends
VBAL.TO vs. XBAL.TO - Dividend Comparison
VBAL.TO's dividend yield for the trailing twelve months is around 2.46%, more than XBAL.TO's 2.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBAL.TO Vanguard Balanced ETF Portfolio | 2.46% | 2.37% | 2.21% | 1.95% | 1.83% | 2.25% | 2.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XBAL.TO iShares Core Balanced ETF Portfolio | 2.43% | 2.43% | 2.12% | 1.77% | 2.02% | 2.30% | 3.44% | 2.97% | 3.69% | 3.34% | 6.60% | 2.81% |
Drawdowns
VBAL.TO vs. XBAL.TO - Drawdown Comparison
The maximum VBAL.TO drawdown since its inception was -21.19%, smaller than the maximum XBAL.TO drawdown of -28.78%. Use the drawdown chart below to compare losses from any high point for VBAL.TO and XBAL.TO. For additional features, visit the drawdowns tool.
Volatility
VBAL.TO vs. XBAL.TO - Volatility Comparison
Vanguard Balanced ETF Portfolio (VBAL.TO) and iShares Core Balanced ETF Portfolio (XBAL.TO) have volatilities of 2.54% and 2.65%, 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.