VDY.TO vs. RY.TO
Compare and contrast key facts about Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) and Royal Bank of Canada (RY.TO).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VDY.TO or RY.TO.
Key characteristics
| VDY.TO | RY.TO | |
|---|---|---|
| YTD Return | 7.80% | 10.11% |
| 1Y Return | 13.62% | 17.31% |
| 3Y Return (Ann) | 9.26% | 8.91% |
| 5Y Return (Ann) | 10.53% | 10.11% |
| 10Y Return (Ann) | 8.05% | 10.45% |
| Sharpe Ratio | 1.21 | 1.21 |
| Daily Std Dev | 11.15% | 13.72% |
| Max Drawdown | -39.21% | -54.32% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VDY.TO and RY.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
VDY.TO vs. RY.TO - Performance Comparison
In the year-to-date period, VDY.TO achieves a 7.80% return, which is significantly lower than RY.TO's 10.11% return. Over the past 10 years, VDY.TO has underperformed RY.TO with an annualized return of 8.05%, while RY.TO has yielded a comparatively higher 10.45% annualized 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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Risk-Adjusted Performance
VDY.TO vs. RY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) and Royal Bank of Canada (RY.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
VDY.TO vs. RY.TO - Dividend Comparison
VDY.TO's dividend yield for the trailing twelve months is around 4.52%, more than RY.TO's 2.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.52% | 4.64% | 4.42% | 3.58% | 4.59% | 4.25% | 4.43% | 3.82% | 3.25% | 4.11% | 3.25% | 2.50% |
RY.TO Royal Bank of Canada | 2.78% | 2.96% | 3.01% | 2.56% | 3.05% | 3.23% | 3.13% | 2.64% | 2.70% | 3.24% | 3.21% | 3.41% |
Drawdowns
VDY.TO vs. RY.TO - Drawdown Comparison
The maximum VDY.TO drawdown since its inception was -39.21%, smaller than the maximum RY.TO drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for VDY.TO and RY.TO. For additional features, visit the drawdowns tool.
Volatility
VDY.TO vs. RY.TO - Volatility Comparison
The current volatility for Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) is 2.70%, while Royal Bank of Canada (RY.TO) has a volatility of 4.21%. This indicates that VDY.TO experiences smaller price fluctuations and is considered to be less risky than RY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.