VGG.TO vs. PMIF.TO

Last updated Jun 4, 2026

VGG.TO (Vanguard U.S. Dividend Appreciation Index ETF) and PMIF.TO (PIMCO Monthly Income Fund (Canada)) are both exchange-traded funds - VGG.TO is a Dividend fund tracking the S&P U.S. Dividend Growers Index, while PMIF.TO is a fund fund. Over the past 5 years, VGG.TO returned 13.16%/yr vs 3.16%/yr for PMIF.TO. At a 0.10 correlation, their price movements are largely independent.

Performance

VGG.TO vs. PMIF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard U.S. Dividend Appreciation Index ETF (VGG.TO) and PIMCO Monthly Income Fund (Canada) (PMIF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGG.TO achieves a 8.57% return, which is significantly higher than PMIF.TO's 0.10% return.

VGG.TO

• 1D: 0.23%
• 1M: 6.00%
• YTD: 8.57%
• 6M: 6.30%
• 1Y: 20.66%
• 3Y*: 17.22%
• 5Y*: 13.16%
• 10Y*: 13.46%

PMIF.TO

• 1D: -0.17%
• 1M: 0.49%
• YTD: 0.10%
• 6M: 0.42%
• 1Y: 6.74%
• 3Y*: 6.44%
• 5Y*: 3.16%
• 10Y*: —

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

VGG.TO vs. PMIF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VGG.TO Vanguard U.S. Dividend Appreciation Index ETF	8.57%	8.61%	26.49%	11.58%	-4.21%	22.23%	12.67%	23.32%	5.20%	8.19%
PMIF.TO PIMCO Monthly Income Fund (Canada)	0.10%	9.01%	5.20%	7.58%	-6.32%	1.90%	3.93%	7.09%	0.59%	0.54%

Correlation

The correlation between VGG.TO and PMIF.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017	0.11

The correlation between VGG.TO and PMIF.TO shifts across timeframes, from 0.10 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

VGG.TO vs. PMIF.TO - Sectors Allocation Comparison

Sectors	VGG.TO	PMIF.TO
Technology	26.2%	-
Financial Services	20.6%	32.4%
Healthcare	16.5%	-
Industrials	11.8%	-
Consumer Defensive	10.1%	-
Consumer Cyclical	4.7%	-
Energy	3.5%	-
Basic Materials	3.5%	-
Utilities	3.2%	-
Communication Services	0.5%	12.1%
Real Estate	-	55.5%

Return for Risk

VGG.TO vs. PMIF.TO — Risk / Return Rank

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

VGG.TO

VGG.TO Risk / Return Rank: 59
VGG.TO Sharpe Ratio Rank: 59
VGG.TO Sortino Ratio Rank: 61
VGG.TO Omega Ratio Rank: 58
VGG.TO Calmar Ratio Rank: 58
VGG.TO Martin Ratio Rank: 60

PMIF.TO

PMIF.TO Risk / Return Rank: 52
PMIF.TO Sharpe Ratio Rank: 56
PMIF.TO Sortino Ratio Rank: 57
PMIF.TO Omega Ratio Rank: 58
PMIF.TO Calmar Ratio Rank: 42
PMIF.TO Martin Ratio Rank: 48

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.

VGG.TO vs. PMIF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Dividend Appreciation Index ETF (VGG.TO) and PIMCO Monthly Income Fund (Canada) (PMIF.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.

	VGG.TO	PMIF.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.93	+0.11
Sortino ratio: Return per unit of downside risk	2.93	2.77	+0.16
Omega ratio: Gain probability vs. loss probability	1.36	1.36	0.00
Calmar ratio: Return relative to maximum drawdown	2.94	2.10	+0.83
Martin ratio: Return relative to average drawdown	10.93	7.96	+2.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGG.TO vs. PMIF.TO - Sharpe Ratio Comparison

The current VGG.TO Sharpe Ratio is 2.03, which is comparable to the PMIF.TO Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of VGG.TO and PMIF.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VGG.TO	PMIF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	1.93	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	0.66	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.57	+0.41

Drawdowns

VGG.TO vs. PMIF.TO - Drawdown Comparison

The maximum VGG.TO drawdown since its inception was -24.58%, which is greater than PMIF.TO's maximum drawdown of -18.30%. Use the drawdown chart below to compare losses from any high point for VGG.TO and PMIF.TO.

Drawdown Indicators

	VGG.TO	PMIF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-24.58%	-18.30%	-6.28%
Max Drawdown (1Y) Largest decline over 1 year	-7.07%	-3.22%	-3.85%
Max Drawdown (3Y) Largest decline over 3 years	-15.56%	-3.98%	-11.58%
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	-10.25%	-8.27%
Max Drawdown (10Y) Largest decline over 10 years	-24.58%	—	—
Current Drawdown Current decline from peak	0.00%	-1.21%	+1.21%
Average Drawdown Average peak-to-trough decline	-2.93%	-1.88%	-1.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	0.85%	+1.04%

Volatility

VGG.TO vs. PMIF.TO - Volatility Comparison

Vanguard U.S. Dividend Appreciation Index ETF (VGG.TO) has a higher volatility of 2.59% compared to PIMCO Monthly Income Fund (Canada) (PMIF.TO) at 1.64%. This indicates that VGG.TO's price experiences larger fluctuations and is considered to be riskier than PMIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGG.TO	PMIF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	1.64%	+0.95%
Volatility (6M) Calculated over the trailing 6-month period	7.86%	2.89%	+4.97%
Volatility (1Y) Calculated over the trailing 1-year period	10.23%	3.52%	+6.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.63%	4.79%	+7.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.97%	5.83%	+9.14%

Dividends

VGG.TO vs. PMIF.TO - Dividend Comparison

VGG.TO's dividend yield for the trailing twelve months is around 1.02%, less than PMIF.TO's 5.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMIF.TO PIMCO Monthly Income Fund (Canada)	5.42%	5.50%	6.95%	6.06%	3.73%	3.22%	3.58%	3.80%	3.51%	0.59%	0.00%	0.00%
VGG.TO Vanguard U.S. Dividend Appreciation Index ETF	1.02%	1.16%	1.23%	1.37%	1.35%	1.21%	1.25%	1.24%	1.50%	1.46%	1.63%	1.70%

Frequently Asked Questions

Can I hold both VGG.TO and PMIF.TO in my portfolio?

VGG.TO and PMIF.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.