VGAB.NEO vs. HAF.TO
Compare and contrast key facts about Vanguard Global Aggregate Bond Index ETF (CAD-hedged) (VGAB.NEO) and Global X Active Global Fixed Income ETF (HAF.TO).
VGAB.NEO and HAF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGAB.NEO is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index (CAD-Hedged). It was launched on Jan 17, 2020. HAF.TO is an actively managed fund by Global X. It was launched on Jul 20, 2009.
Performance
VGAB.NEO vs. HAF.TO - Performance Comparison
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VGAB.NEO vs. HAF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VGAB.NEO Vanguard Global Aggregate Bond Index ETF (CAD-hedged) | -0.55% | 2.58% | 0.81% | 5.73% | -13.57% | -2.59% | 5.03% |
HAF.TO Global X Active Global Fixed Income ETF | 0.10% | 2.56% | 3.65% | 10.92% | -6.00% | 1.88% | 1.69% |
Returns By Period
In the year-to-date period, VGAB.NEO achieves a -0.55% return, which is significantly lower than HAF.TO's 0.10% return.
VGAB.NEO
- 1D
- 0.34%
- 1M
- -2.12%
- YTD
- -0.55%
- 6M
- -0.64%
- 1Y
- 1.06%
- 3Y*
- 1.78%
- 5Y*
- -1.18%
- 10Y*
- —
HAF.TO
- 1D
- 0.53%
- 1M
- -1.49%
- YTD
- 0.10%
- 6M
- 0.50%
- 1Y
- 0.90%
- 3Y*
- 5.00%
- 5Y*
- 2.46%
- 10Y*
- 2.99%
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VGAB.NEO vs. HAF.TO - Expense Ratio Comparison
VGAB.NEO has a 0.33% expense ratio, which is lower than HAF.TO's 0.59% expense ratio.
Return for Risk
VGAB.NEO vs. HAF.TO — Risk / Return Rank
VGAB.NEO
HAF.TO
VGAB.NEO vs. HAF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Aggregate Bond Index ETF (CAD-hedged) (VGAB.NEO) and Global X Active Global Fixed Income ETF (HAF.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.
| VGAB.NEO | HAF.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.28 | 0.13 | +0.15 |
Sortino ratioReturn per unit of downside risk | 0.39 | 0.23 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.03 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.38 | 0.34 | +0.05 |
Martin ratioReturn relative to average drawdown | 1.24 | 0.74 | +0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGAB.NEO | HAF.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | 0.13 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | 0.35 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.19 | -0.30 |
Correlation
The correlation between VGAB.NEO and HAF.TO is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VGAB.NEO vs. HAF.TO - Dividend Comparison
VGAB.NEO's dividend yield for the trailing twelve months is around 3.52%, less than HAF.TO's 5.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGAB.NEO Vanguard Global Aggregate Bond Index ETF (CAD-hedged) | 3.52% | 3.44% | 3.24% | 3.05% | 1.67% | 2.36% | 1.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HAF.TO Global X Active Global Fixed Income ETF | 5.01% | 5.05% | 5.47% | 5.34% | 4.36% | 2.41% | 3.08% | 3.23% | 2.82% | 3.11% | 3.98% | 3.84% |
Drawdowns
VGAB.NEO vs. HAF.TO - Drawdown Comparison
The maximum VGAB.NEO drawdown since its inception was -18.09%, smaller than the maximum HAF.TO drawdown of -28.04%. Use the drawdown chart below to compare losses from any high point for VGAB.NEO and HAF.TO.
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Drawdown Indicators
| VGAB.NEO | HAF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.09% | -28.04% | +9.95% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -3.87% | +0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -17.61% | -12.30% | -5.31% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.04% | — |
Current DrawdownCurrent decline from peak | -8.47% | -2.23% | -6.24% |
Average DrawdownAverage peak-to-trough decline | -8.01% | -4.07% | -3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 1.76% | -0.87% |
Volatility
VGAB.NEO vs. HAF.TO - Volatility Comparison
The current volatility for Vanguard Global Aggregate Bond Index ETF (CAD-hedged) (VGAB.NEO) is 1.63%, while Global X Active Global Fixed Income ETF (HAF.TO) has a volatility of 2.32%. This indicates that VGAB.NEO experiences smaller price fluctuations and is considered to be less risky than HAF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGAB.NEO | HAF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 2.32% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.52% | 5.24% | -2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.84% | 7.18% | -3.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.38% | 7.18% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.54% | 11.13% | -5.59% |