VBAL.TO vs. XEQT.TO
Compare and contrast key facts about Vanguard Balanced ETF Portfolio (VBAL.TO) and iShares Core Equity ETF Portfolio (XEQT.TO).
VBAL.TO and XEQT.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. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBAL.TO or XEQT.TO.
Key characteristics
| VBAL.TO | XEQT.TO | |
|---|---|---|
| YTD Return | 14.95% | 23.27% |
| 1Y Return | 21.35% | 30.29% |
| 3Y Return (Ann) | 4.72% | 8.44% |
| 5Y Return (Ann) | 7.13% | 11.86% |
| Sharpe Ratio | 3.39 | 3.16 |
| Sortino Ratio | 5.01 | 4.43 |
| Omega Ratio | 1.66 | 1.59 |
| Calmar Ratio | 3.55 | 4.58 |
| Martin Ratio | 27.57 | 23.79 |
| Ulcer Index | 0.78% | 1.28% |
| Daily Std Dev | 6.35% | 9.61% |
| Max Drawdown | -21.19% | -29.74% |
| Current Drawdown | -0.45% | -0.50% |
Correlation
The correlation between VBAL.TO and XEQT.TO is 0.93, 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. XEQT.TO - Performance Comparison
In the year-to-date period, VBAL.TO achieves a 14.95% return, which is significantly lower than XEQT.TO's 23.27% 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. XEQT.TO - Expense Ratio Comparison
VBAL.TO has a 0.24% expense ratio, which is higher than XEQT.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. XEQT.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 Equity ETF Portfolio (XEQT.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. XEQT.TO - Dividend Comparison
VBAL.TO's dividend yield for the trailing twelve months is around 2.41%, more than XEQT.TO's 1.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
VBAL.TO Vanguard Balanced ETF Portfolio | 2.41% | 2.37% | 2.21% | 1.95% | 1.83% | 2.25% | 2.04% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.81% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% | 0.00% |
Drawdowns
VBAL.TO vs. XEQT.TO - Drawdown Comparison
The maximum VBAL.TO drawdown since its inception was -21.19%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for VBAL.TO and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
VBAL.TO vs. XEQT.TO - Volatility Comparison
The current volatility for Vanguard Balanced ETF Portfolio (VBAL.TO) is 2.28%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 3.01%. This indicates that VBAL.TO experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.