VFV.TO vs. V

Last updated Jun 14, 2026

VFV.TO (Vanguard S&P 500 Index ETF) is S&P 500 fund tracking the S&P 500 Index, while V (Visa Inc.) is a stock. Over the past 10 years, VFV.TO returned 16.12%/yr vs 16.97%/yr for V. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

VFV.TO vs. V - Performance Comparison

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

Different Trading Currencies

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

Returns By Period

In the year-to-date period, VFV.TO achieves a 11.07% return, which is significantly higher than V's -5.82% return. Over the past 10 years, VFV.TO has underperformed V with an annualized return of 16.12%, while V has yielded a comparatively higher 16.97% annualized return.

VFV.TO

• 1D: 0.74%
• 1M: 1.03%
• YTD: 11.07%
• 6M: 10.94%
• 1Y: 29.19%
• 3Y*: 22.63%
• 5Y*: 16.33%
• 10Y*: 16.12%

V

• 1D: 1.23%
• 1M: 0.76%
• YTD: -5.82%
• 6M: -5.60%
• 1Y: -5.36%
• 3Y*: 15.57%
• 5Y*: 10.48%
• 10Y*: 16.97%

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

VFV.TO vs. V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VFV.TO Vanguard S&P 500 Index ETF	11.07%	12.18%	35.23%	23.23%	-12.58%	27.51%	15.61%	25.14%	2.95%	13.69%
V Visa Inc.	-5.82%	6.66%	32.68%	23.30%	2.72%	-0.36%	14.35%	37.42%	26.28%	37.21%

Correlation

The correlation between VFV.TO and V is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Nov 8, 2012	0.52

Over the past year, the correlation between VFV.TO and V has dropped to 0.31 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

Return for Risk

VFV.TO vs. V — Risk / Return Rank

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

VFV.TO

VFV.TO Risk / Return Rank: 79
VFV.TO Sharpe Ratio Rank: 84
VFV.TO Sortino Ratio Rank: 81
VFV.TO Omega Ratio Rank: 83
VFV.TO Calmar Ratio Rank: 73
VFV.TO Martin Ratio Rank: 74

V

V Risk / Return Rank: 15
V Sharpe Ratio Rank: 18
V Sortino Ratio Rank: 17
V Omega Ratio Rank: 18
V Calmar Ratio Rank: 15
V Martin Ratio Rank: 5

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.

VFV.TO vs. V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Index ETF (VFV.TO) and Visa Inc. (V). 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.

	VFV.TO	V	Difference
Sharpe ratio: Return per unit of total volatility	2.33	-0.46	+2.80
Sortino ratio: Return per unit of downside risk	3.14	-0.54	+3.67
Omega ratio: Gain probability vs. loss probability	1.43	0.93	+0.50
Calmar ratio: Return relative to maximum drawdown	3.21	-0.63	+3.84
Martin ratio: Return relative to average drawdown	12.10	-1.36	+13.46

VFV.TO vs. V - Sharpe Ratio Comparison

The current VFV.TO Sharpe Ratio is 2.33, which is higher than the V Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of VFV.TO and V, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VFV.TO vs. V - Drawdown Comparison

The maximum VFV.TO drawdown since its inception was -27.43%, smaller than the maximum V drawdown of -41.45%. Use the drawdown chart below to compare losses from any high point for VFV.TO and V.

Drawdown Indicators

	VFV.TO	V	Difference
Max Drawdown Largest peak-to-trough decline	-27.43%	-41.45%	+14.02%
Max Drawdown (1Y) Largest decline over 1 year	-8.62%	-16.70%	+8.08%
Max Drawdown (3Y) Largest decline over 3 years	-19.05%	-21.28%	+2.23%
Max Drawdown (5Y) Largest decline over 5 years	-22.19%	-22.58%	+0.39%
Max Drawdown (10Y) Largest decline over 10 years	-27.43%	-30.58%	+3.15%
Current Drawdown Current decline from peak	-1.46%	-13.19%	+11.73%
Average Drawdown Average peak-to-trough decline	-3.35%	-7.31%	+3.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	10.03%	-7.75%

Volatility

VFV.TO vs. V - Volatility Comparison

The current volatility for Vanguard S&P 500 Index ETF (VFV.TO) is 4.49%, while Visa Inc. (V) has a volatility of 5.72%. This indicates that VFV.TO experiences smaller price fluctuations and is considered to be less risky than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFV.TO	V	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	5.72%	-1.23%
Volatility (6M) Calculated over the trailing 6-month period	9.22%	18.21%	-8.99%
Volatility (1Y) Calculated over the trailing 1-year period	11.86%	22.91%	-11.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.99%	23.63%	-8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.60%	25.30%	-8.70%

Dividends

VFV.TO vs. V - Dividend Comparison

VFV.TO's dividend yield for the trailing twelve months is around 0.84%, more than V's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%
VFV.TO Vanguard S&P 500 Index ETF	0.84%	0.92%	0.99%	1.20%	1.31%	1.06%	1.33%	1.55%	1.69%	1.51%	1.65%	1.63%

Frequently Asked Questions

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

VFV.TO and V have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.