VEQT.TO vs. VVL.TO

Last updated Jun 6, 2026

VEQT.TO (Vanguard All-Equity ETF Portfolio) and VVL.TO (Vanguard Global Value Factor ETF CAD) are both Global Equities funds from Vanguard. Both are actively managed. A 0.75 correlation means they provide meaningful diversification when combined. VEQT.TO charges 0.24%/yr vs 0.38%/yr for VVL.TO.

Performance

VEQT.TO vs. VVL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard All-Equity ETF Portfolio (VEQT.TO) and Vanguard Global Value Factor ETF CAD (VVL.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VEQT.TO achieves a 10.46% return, which is significantly lower than VVL.TO's 11.97% return.

VEQT.TO

• 1D: -2.61%
• 1M: 1.42%
• YTD: 10.46%
• 6M: 10.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VVL.TO

• 1D: 1.25%
• 1M: 2.62%
• YTD: 11.97%
• 6M: 12.99%
• 1Y: 36.76%
• 3Y*: 22.07%
• 5Y*: 14.06%
• 10Y*: —

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

VEQT.TO vs. VVL.TO - Yearly Performance Comparison

	2026 (YTD)	2025
VEQT.TO Vanguard All-Equity ETF Portfolio	10.46%	16.18%
VVL.TO Vanguard Global Value Factor ETF CAD	11.97%	20.83%

Correlation

The correlation between VEQT.TO and VVL.TO is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.75

VEQT.TO vs. VVL.TO - Sectors Allocation Comparison

Sectors	VEQT.TO	VVL.TO
Financial Services	20.7%	25.3%
Technology	20.3%	10.5%
Industrials	11.6%	9.8%
Energy	8.7%	9.4%
Basic Materials	8.6%	6.0%
Consumer Cyclical	7.8%	14.8%
Healthcare	6.6%	10.8%
Communication Services	6.0%	6.1%
Consumer Defensive	4.5%	6.5%
Utilities	2.8%	0.0%
Real Estate	2.2%	0.9%

Return for Risk

VEQT.TO vs. VVL.TO — Risk / Return Rank

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

VVL.TO

VVL.TO Risk / Return Rank: 83
VVL.TO Sharpe Ratio Rank: 83
VVL.TO Sortino Ratio Rank: 88
VVL.TO Omega Ratio Rank: 80
VVL.TO Calmar Ratio Rank: 81
VVL.TO Martin Ratio Rank: 83

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.

VEQT.TO vs. VVL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard All-Equity ETF Portfolio (VEQT.TO) and Vanguard Global Value Factor ETF CAD (VVL.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VEQT.TO	VVL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.40	0.66	+1.74

Drawdowns

VEQT.TO vs. VVL.TO - Drawdown Comparison

The maximum VEQT.TO drawdown since its inception was -8.05%, smaller than the maximum VVL.TO drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for VEQT.TO and VVL.TO.

Drawdown Indicators

	VEQT.TO	VVL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-8.05%	-43.93%	+35.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.10%	—
Current Drawdown Current decline from peak	-2.61%	0.00%	-2.61%
Average Drawdown Average peak-to-trough decline	-0.97%	-5.71%	+4.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.22%	—

Volatility

Volatility by Period

	VEQT.TO	VVL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	13.70%	-1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.94%	16.03%	-4.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.94%	18.74%	-6.80%

VEQT.TO vs. VVL.TO - Expense Ratio Comparison

VEQT.TO has a 0.24% expense ratio, which is lower than VVL.TO's 0.38% expense ratio.

Dividends

VEQT.TO vs. VVL.TO - Dividend Comparison

VEQT.TO's dividend yield for the trailing twelve months is around 1.28%, less than VVL.TO's 1.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VEQT.TO Vanguard All-Equity ETF Portfolio	1.28%	1.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VVL.TO Vanguard Global Value Factor ETF CAD	1.69%	1.89%	2.19%	2.65%	2.52%	1.48%	1.67%	2.60%	2.11%	1.33%	0.59%

Frequently Asked Questions

Can I hold both VEQT.TO and VVL.TO in my portfolio?

VEQT.TO and VVL.TO have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VEQT.TO or VVL.TO?

On fees, VEQT.TO is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VEQT.TO or VVL.TO?

VEQT.TO is cheaper with a 0.24% expense ratio, compared with 0.38% for VVL.TO.

What is the main difference between VEQT.TO and VVL.TO?

Their fees differ too: 0.24% for VEQT.TO and 0.38% for VVL.TO.