VIDI vs. RY
Compare and contrast key facts about Vident International Equity Fund (VIDI) and Royal Bank of Canada (RY).
VIDI is a passively managed fund by Vident that tracks the performance of the Vident International Equity Index. It was launched on Oct 29, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIDI or RY.
Correlation
The correlation between VIDI and RY is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VIDI vs. RY - Performance Comparison
Key characteristics
VIDI:
0.98
RY:
1.68
VIDI:
1.38
RY:
2.45
VIDI:
1.17
RY:
1.30
VIDI:
1.50
RY:
2.32
VIDI:
4.18
RY:
8.39
VIDI:
3.12%
RY:
3.07%
VIDI:
13.30%
RY:
15.39%
VIDI:
-48.39%
RY:
-63.03%
VIDI:
-0.83%
RY:
-6.33%
Returns By Period
In the year-to-date period, VIDI achieves a 5.19% return, which is significantly higher than RY's -0.50% return. Over the past 10 years, VIDI has underperformed RY with an annualized return of 4.36%, while RY has yielded a comparatively higher 11.39% annualized return.
VIDI
5.19%
2.75%
4.13%
12.10%
6.22%
4.36%
RY
-0.50%
-0.92%
4.66%
25.62%
11.95%
11.39%
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Risk-Adjusted Performance
VIDI vs. RY — Risk-Adjusted Performance Rank
VIDI
RY
VIDI vs. RY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vident International Equity Fund (VIDI) and Royal Bank of Canada (RY). 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
VIDI vs. RY - Dividend Comparison
VIDI's dividend yield for the trailing twelve months is around 4.69%, more than RY's 3.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIDI Vident International Equity Fund | 4.69% | 4.93% | 4.14% | 5.84% | 4.62% | 2.51% | 3.35% | 2.80% | 2.21% | 1.92% | 2.25% | 2.41% |
RY Royal Bank of Canada | 3.47% | 3.39% | 3.93% | 4.12% | 3.28% | 3.86% | 3.88% | 4.29% | 3.28% | 3.59% | 4.54% | 3.73% |
Drawdowns
VIDI vs. RY - Drawdown Comparison
The maximum VIDI drawdown since its inception was -48.39%, smaller than the maximum RY drawdown of -63.03%. Use the drawdown chart below to compare losses from any high point for VIDI and RY. For additional features, visit the drawdowns tool.
Volatility
VIDI vs. RY - Volatility Comparison
The current volatility for Vident International Equity Fund (VIDI) is 2.72%, while Royal Bank of Canada (RY) has a volatility of 4.31%. This indicates that VIDI experiences smaller price fluctuations and is considered to be less risky than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.