VCX.AX vs. VFV.TO

Last updated Jun 5, 2026

VCX.AX (Vicinity Centres) is a stock, while VFV.TO (Vanguard S&P 500 Index ETF) is S&P 500 fund tracking the S&P 500 Index. At a 0.06 correlation, their price movements are largely independent.

Performance

VCX.AX vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Vicinity Centres (VCX.AX) and Vanguard S&P 500 Index ETF (VFV.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VCX.AX is traded in AUD, while VFV.TO is traded in CAD. To make them comparable, the VFV.TO values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VCX.AX achieves a -2.31% return, which is significantly lower than VFV.TO's 2.62% return.

VCX.AX

• 1D: 0.83%
• 1M: -3.94%
• YTD: -2.31%
• 6M: 1.25%
• 1Y: 4.50%
• 3Y*: 15.16%
• 5Y*: 14.80%
• 10Y*: 2.61%

VFV.TO

• 1D: -1.40%
• 1M: 3.19%
• YTD: 2.62%
• 6M: 1.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VCX.AX vs. VFV.TO - Yearly Performance Comparison

	2026 (YTD)	2025
VCX.AX Vicinity Centres	-2.31%	6.53%
VFV.TO Vanguard S&P 500 Index ETF	2.62%	11.56%

Correlation

The correlation between VCX.AX and VFV.TO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.06

Return for Risk

VCX.AX vs. VFV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VCX.AX

VCX.AX Risk / Return Rank: 46
VCX.AX Sharpe Ratio Rank: 50
VCX.AX Sortino Ratio Rank: 41
VCX.AX Omega Ratio Rank: 41
VCX.AX Calmar Ratio Rank: 49
VCX.AX Martin Ratio Rank: 52

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.

VCX.AX vs. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vicinity Centres (VCX.AX) and Vanguard S&P 500 Index ETF (VFV.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.

	VCX.AX	VFV.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.23	—	—
Sortino ratio: Return per unit of downside risk	0.43	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.35	—	—
Martin ratio: Return relative to average drawdown	0.93	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VCX.AX	VFV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	1.50	-1.53

Drawdowns

VCX.AX vs. VFV.TO - Drawdown Comparison

The maximum VCX.AX drawdown since its inception was -99.23%, which is greater than VFV.TO's maximum drawdown of -11.34%. Use the drawdown chart below to compare losses from any high point for VCX.AX and VFV.TO.

Drawdown Indicators

	VCX.AX	VFV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-99.23%	-11.34%	-87.89%
Max Drawdown (1Y) Largest decline over 1 year	-12.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.99%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-66.63%	—	—
Current Drawdown Current decline from peak	-50.47%	-1.40%	-49.07%
Average Drawdown Average peak-to-trough decline	-65.26%	-2.53%	-62.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.81%	—	—

Volatility

Volatility by Period

	VCX.AX	VFV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.58%	9.79%	+9.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.85%	9.79%	+13.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.48%	9.79%	+17.69%

Dividends

VCX.AX vs. VFV.TO - Dividend Comparison

VCX.AX's dividend yield for the trailing twelve months is around 5.02%, more than VFV.TO's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VCX.AX Vicinity Centres	5.02%	4.69%	5.60%	5.88%	5.20%	3.91%	2.12%	6.29%	6.21%	6.14%	5.89%	6.18%
VFV.TO Vanguard S&P 500 Index ETF	0.85%	0.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VCX.AX and VFV.TO in my portfolio?

VCX.AX and VFV.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.