VEQT.TO vs. RY.TO
VEQT.TO (Vanguard All-Equity ETF Portfolio) is Global Equities fund actively managed by Vanguard, while RY.TO (Royal Bank of Canada) is a stock. Over the past 5 years, VEQT.TO returned 13.79%/yr vs 21.56%/yr for RY.TO. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
VEQT.TO vs. RY.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VEQT.TO achieves a 12.47% return, which is significantly lower than RY.TO's 20.87% return.
VEQT.TO
- 1D
- 0.68%
- 1M
- 2.03%
- YTD
- 12.47%
- 6M
- 12.94%
- 1Y
- 31.77%
- 3Y*
- 21.97%
- 5Y*
- 13.79%
- 10Y*
- —
RY.TO
- 1D
- 0.36%
- 1M
- 10.50%
- YTD
- 20.87%
- 6M
- 23.89%
- 1Y
- 65.59%
- 3Y*
- 35.54%
- 5Y*
- 21.56%
- 10Y*
- 18.12%
VEQT.TO vs. RY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VEQT.TO Vanguard All-Equity ETF Portfolio | 12.47% | 20.37% | 24.98% | 16.71% | -10.76% | 19.62% | 11.43% | 13.06% |
RY.TO Royal Bank of Canada | 20.87% | 39.60% | 34.37% | 9.80% | -1.52% | 33.09% | 6.52% | 5.21% |
Correlation
The correlation between VEQT.TO and RY.TO is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2019 | 0.62 |
The correlation between VEQT.TO and RY.TO has been stable across timeframes, ranging from 0.60 to 0.62 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VEQT.TO vs. RY.TO — Risk / Return Rank
VEQT.TO
RY.TO
VEQT.TO vs. RY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard All-Equity ETF Portfolio (VEQT.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.
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.
| VEQT.TO | RY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.85 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.78 | 7.91 | -4.13 |
| Martin ratioReturn relative to average drawdown | 16.35 | 29.39 | -13.04 |
Loading charts...
Drawdowns
VEQT.TO vs. RY.TO - Drawdown Comparison
The maximum VEQT.TO drawdown since its inception was -30.45%, smaller than the maximum RY.TO drawdown of -54.03%. Use the drawdown chart below to compare losses from any high point for VEQT.TO and RY.TO.
Loading charts...
Drawdown Indicators
| VEQT.TO | RY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.45% | -54.03% | +23.58% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | -8.12% | +0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -15.46% | -16.00% | +0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -18.32% | -21.21% | +2.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.84% | — |
Current DrawdownCurrent decline from peak | -0.84% | 0.00% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -6.72% | +3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 2.18% | -0.32% |
Volatility
VEQT.TO vs. RY.TO - Volatility Comparison
Vanguard All-Equity ETF Portfolio (VEQT.TO) has a higher volatility of 5.00% compared to Royal Bank of Canada (RY.TO) at 4.23%. This indicates that VEQT.TO's price experiences larger fluctuations and is considered to be riskier than RY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VEQT.TO | RY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.00% | 4.23% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 10.08% | 10.44% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.18% | 13.82% | -1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.99% | 14.93% | -1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.80% | 17.26% | -1.46% |
Dividends
VEQT.TO vs. RY.TO - Dividend Comparison
VEQT.TO's dividend yield for the trailing twelve months is around 1.26%, less than RY.TO's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RY.TO Royal Bank of Canada | 2.28% | 2.58% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% |
VEQT.TO Vanguard All-Equity ETF Portfolio | 1.26% | 1.42% | 1.58% | 1.88% | 2.09% | 1.40% | 1.48% | 1.43% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VEQT.TO and RY.TO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for VEQT.TO and RY.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