VCN.TO vs. VDY.TO
Compare and contrast key facts about Vanguard FTSE Canada All Cap Index ETF (VCN.TO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO).
VCN.TO and VDY.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCN.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada All Cap Domestic Index. It was launched on Aug 2, 2013. VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012. Both VCN.TO and VDY.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCN.TO or VDY.TO.
Correlation
The correlation between VCN.TO and VDY.TO is 0.87, 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
VCN.TO vs. VDY.TO - Performance Comparison
Key characteristics
VCN.TO:
2.34
VDY.TO:
2.41
VCN.TO:
3.19
VDY.TO:
3.34
VCN.TO:
1.42
VDY.TO:
1.44
VCN.TO:
4.43
VDY.TO:
4.09
VCN.TO:
14.15
VDY.TO:
11.52
VCN.TO:
1.64%
VDY.TO:
1.79%
VCN.TO:
9.93%
VDY.TO:
8.55%
VCN.TO:
-37.32%
VDY.TO:
-39.21%
VCN.TO:
-2.34%
VDY.TO:
-2.77%
Returns By Period
In the year-to-date period, VCN.TO achieves a 2.32% return, which is significantly higher than VDY.TO's 0.40% return. Over the past 10 years, VCN.TO has underperformed VDY.TO with an annualized return of 8.41%, while VDY.TO has yielded a comparatively higher 9.25% annualized return.
VCN.TO
2.32%
-0.29%
10.27%
22.40%
10.77%
8.41%
VDY.TO
0.40%
-1.45%
8.10%
20.21%
10.93%
9.25%
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VCN.TO vs. VDY.TO - Expense Ratio Comparison
VCN.TO has a 0.05% expense ratio, which is lower than VDY.TO's 0.22% expense ratio. Despite the difference, 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
VCN.TO vs. VDY.TO — Risk-Adjusted Performance Rank
VCN.TO
VDY.TO
VCN.TO vs. VDY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Canada All Cap Index ETF (VCN.TO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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
VCN.TO vs. VDY.TO - Dividend Comparison
VCN.TO's dividend yield for the trailing twelve months is around 2.65%, less than VDY.TO's 4.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCN.TO Vanguard FTSE Canada All Cap Index ETF | 2.65% | 2.71% | 3.00% | 3.17% | 2.49% | 2.72% | 2.87% | 2.82% | 2.30% | 2.36% | 2.66% | 1.86% |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.39% | 4.39% | 4.63% | 4.41% | 3.57% | 4.58% | 4.24% | 4.42% | 3.80% | 3.23% | 4.11% | 3.24% |
Drawdowns
VCN.TO vs. VDY.TO - Drawdown Comparison
The maximum VCN.TO drawdown since its inception was -37.32%, roughly equal to the maximum VDY.TO drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for VCN.TO and VDY.TO. For additional features, visit the drawdowns tool.
Volatility
VCN.TO vs. VDY.TO - Volatility Comparison
Vanguard FTSE Canada All Cap Index ETF (VCN.TO) has a higher volatility of 3.55% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 2.38%. This indicates that VCN.TO's price experiences larger fluctuations and is considered to be riskier than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.