PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VCN.TO vs. T.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VCN.TO vs. T.TO

Last updated Jun 14, 2026

VCN.TO (Vanguard FTSE Canada All Cap Index ETF) is Canada Equities fund tracking the FTSE Canada All Cap Domestic Index, while T.TO (TELUS Corporation) is a stock. Over the past 10 years, VCN.TO returned 12.80%/yr vs 12.80%/yr for T.TO. At a 0.33 correlation, their price movements are largely independent.

Performance

VCN.TO vs. T.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard FTSE Canada All Cap Index ETF (VCN.TO) and TELUS Corporation (T.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, VCN.TO achieves a 10.85% return, which is significantly higher than T.TO's -3.54% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: VCN.TO at 12.80% and T.TO at 12.80%.

VCN.TO

1D
0.72%
1M
3.40%
YTD
10.85%
6M
11.65%
1Y
33.96%
3Y*
23.86%
5Y*
14.96%
10Y*
12.80%

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

VCN.TO vs. T.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VCN.TO
Vanguard FTSE Canada All Cap Index ETF		10.85%31.00%22.16%12.29%-5.76%25.65%4.83%22.09%-9.09%8.44%
T.TO
TELUS Corporation		-3.54%0.34%-11.50%-4.41%-8.27%23.58%113.11%21.76%3.92%21.55%

Correlation

The correlation between VCN.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

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (10Y)
Calculated over the trailing 10-year period

0.37

Correlation (All Time)
Calculated using the full available price history since Aug 13, 2013

0.33

Over the past year, the correlation between VCN.TO and T.TO has dropped to 0.13 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard FTSE Canada All Cap Index ETF

TELUS Corporation

Often compared with VCN.TO:
VCN.TO vs. VDY.TOVCN.TO vs. VFV.TOVCN.TO vs. VCE.TOVCN.TO vs. XEQT.TOVCN.TO vs. VIU.TOVCN.TO vs. VUN.TOVCN.TO vs. HXT.TO
Often compared with T.TO:
T.TO vs. BCE.TOT.TO vs. TUT.TO vs. FTS.TOT.TO vs. RCI-B.TOT.TO vs. BTO.TOT.TO vs. BCET.TO vs. VDY.TO

Return for Risk

VCN.TO vs. T.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VCN.TO
VCN.TO Risk / Return Rank: 8686
Overall Rank
VCN.TO Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
VCN.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
VCN.TO Omega Ratio Rank: 8787
Omega Ratio Rank
VCN.TO Calmar Ratio Rank: 8181
Calmar Ratio Rank
VCN.TO Martin Ratio Rank: 8888
Martin Ratio Rank
T.TO
T.TO Risk / Return Rank: 1010
Overall Rank
T.TO Sharpe Ratio Rank: 44
Sharpe Ratio Rank
T.TO Sortino Ratio Rank: 88
Sortino Ratio Rank
T.TO Omega Ratio Rank: 77
Omega Ratio Rank
T.TO Calmar Ratio Rank: 1616
Calmar Ratio Rank
T.TO Martin Ratio Rank: 1414
Martin Ratio Rank
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.

VCN.TO vs. T.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Canada All Cap Index ETF (VCN.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.

VCN.TOT.TODifference
Sharpe ratioReturn per unit of total volatility
2.59
-1.06

+3.65

Sortino ratioReturn per unit of downside risk
3.35
-1.31

+4.66

Omega ratioGain probability vs. loss probability

1.47

0.82

+0.65

Calmar ratioReturn relative to maximum drawdown

3.68

-0.72

+4.40

Martin ratioReturn relative to average drawdown

16.98

-1.26

+18.24

VCN.TO vs. T.TO - Sharpe Ratio Comparison

The current VCN.TO Sharpe Ratio is 2.59, which is higher than the T.TO Sharpe Ratio of -1.06. The chart below compares the historical Sharpe Ratios of VCN.TO and T.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.

Loading charts...

Drawdowns

VCN.TO vs. T.TO - Drawdown Comparison

The maximum VCN.TO drawdown since its inception was -37.32%, smaller than the maximum T.TO drawdown of -39.72%. Use the drawdown chart below to compare losses from any high point for VCN.TO and T.TO.

Loading charts...

Drawdown Indicators

VCN.TOT.TODifference

Max Drawdown

Largest peak-to-trough decline

-37.32%

-39.72%

+2.40%

Max Drawdown (1Y)

Largest decline over 1 year

-9.11%

-24.59%

+15.48%

Max Drawdown (3Y)

Largest decline over 3 years

-12.24%

-24.59%

+12.35%

Max Drawdown (5Y)

Largest decline over 5 years

-16.12%

-38.60%

+22.48%

Max Drawdown (10Y)

Largest decline over 10 years

-37.32%

-38.60%

+1.28%

Current Drawdown

Current decline from peak

-0.85%

-35.63%

+34.78%

Average Drawdown

Average peak-to-trough decline

-3.89%

-10.14%

+6.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

14.06%

-12.09%

Volatility

VCN.TO vs. T.TO - Volatility Comparison

Vanguard FTSE Canada All Cap Index ETF (VCN.TO) has a higher volatility of 4.44% compared to TELUS Corporation (T.TO) at 3.35%. This indicates that VCN.TO's price experiences larger fluctuations and is considered to be riskier than T.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VCN.TOT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.44%

3.35%

+1.09%

Volatility (6M)

Calculated over the trailing 6-month period

10.63%

13.36%

-2.73%

Volatility (1Y)

Calculated over the trailing 1-year period

12.94%

16.81%

-3.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.10%

16.44%

-3.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.99%

33.56%

-18.57%

Dividends

VCN.TO vs. T.TO - Dividend Comparison

VCN.TO's dividend yield for the trailing twelve months is around 2.00%, less than T.TO's 10.05% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
VCN.TO
Vanguard FTSE Canada All Cap Index ETF		2.00%2.27%2.71%3.00%3.17%2.49%2.72%2.88%2.83%2.29%2.36%2.68%

Frequently Asked Questions

VCN.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.

Portfolio Optimizer

Find the right allocation for VCN.TO and T.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer