VEQT.TO vs. SPY
Compare and contrast key facts about Vanguard All-Equity ETF Portfolio (VEQT.TO) and SPDR S&P 500 ETF (SPY).
VEQT.TO and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VEQT.TO is an actively managed fund by Vanguard. It was launched on Jan 29, 2019. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEQT.TO or SPY.
Key characteristics
| VEQT.TO | SPY | |
|---|---|---|
| YTD Return | 10.99% | 14.55% |
| 1Y Return | 18.46% | 24.41% |
| 3Y Return (Ann) | 7.69% | 10.17% |
| 5Y Return (Ann) | 10.61% | 15.27% |
| Sharpe Ratio | 2.13 | 2.30 |
| Daily Std Dev | 8.84% | 11.28% |
| Max Drawdown | -30.45% | -55.19% |
| Current Drawdown | -0.85% | 0.00% |
Correlation
The correlation between VEQT.TO and SPY is 0.89, 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
VEQT.TO vs. SPY - Performance Comparison
In the year-to-date period, VEQT.TO achieves a 10.99% return, which is significantly lower than SPY's 14.55% 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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VEQT.TO vs. SPY - Expense Ratio Comparison
VEQT.TO has a 0.24% expense ratio, which is higher than SPY's 0.09% expense ratio. However, 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
VEQT.TO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard All-Equity ETF Portfolio (VEQT.TO) and SPDR S&P 500 ETF (SPY). 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
VEQT.TO vs. SPY - Dividend Comparison
VEQT.TO's dividend yield for the trailing twelve months is around 1.70%, more than SPY's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEQT.TO Vanguard All-Equity ETF Portfolio | 1.70% | 1.88% | 2.09% | 1.40% | 1.48% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VEQT.TO vs. SPY - Drawdown Comparison
The maximum VEQT.TO drawdown since its inception was -30.45%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VEQT.TO and SPY. For additional features, visit the drawdowns tool.
Volatility
VEQT.TO vs. SPY - Volatility Comparison
Vanguard All-Equity ETF Portfolio (VEQT.TO) has a higher volatility of 3.06% compared to SPDR S&P 500 ETF (SPY) at 2.26%. This indicates that VEQT.TO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.