VIDY.TO vs. CMR.TO
VIDY.TO (Vanguard FTSE Developed ex North America High Dividend Yield Index ETF) and CMR.TO (iShares Premium Money Market ETF) are both exchange-traded funds - VIDY.TO is a Foreign Large Cap Equities fund tracking the FTSE Developed ex North America High Dividend Yield Index, while CMR.TO is a Money Market fund actively managed by iShares. VIDY.TO is passively managed, while CMR.TO is actively managed. Over the past 5 years, VIDY.TO returned 16.04%/yr vs 3.02%/yr for CMR.TO. At a 0.02 correlation, their price movements are largely independent. VIDY.TO charges 0.31%/yr vs 0.13%/yr for CMR.TO.
Performance
VIDY.TO vs. CMR.TO - Performance Comparison
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Returns By Period
In the year-to-date period, VIDY.TO achieves a 16.04% return, which is significantly higher than CMR.TO's 1.25% return.
VIDY.TO
- 1D
- 0.09%
- 1M
- 2.32%
- 6M
- 12.58%
- YTD
- 16.04%
- 1Y
- 32.23%
- 3Y*
- 23.23%
- 5Y*
- 16.04%
- 10Y*
- —
CMR.TO
- 1D
- 0.02%
- 1M
- 0.21%
- 6M
- 1.17%
- YTD
- 1.25%
- 1Y
- 2.46%
- 3Y*
- 3.69%
- 5Y*
- 3.02%
- 10Y*
- 1.93%
VIDY.TO vs. CMR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VIDY.TO Vanguard FTSE Developed ex North America High Dividend Yield Index ETF | 16.04% | 35.07% | 11.97% | 15.46% | 1.57% | 14.26% | -2.63% | 12.64% | -6.56% |
CMR.TO iShares Premium Money Market ETF | 1.25% | 2.78% | 4.70% | 4.70% | 1.72% | 0.01% | 0.47% | 1.63% | 0.52% |
Correlation
The correlation between VIDY.TO and CMR.TO is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2018 | 0.02 |
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Return for Risk
VIDY.TO vs. CMR.TO — Risk / Return Rank
VIDY.TO
CMR.TO
VIDY.TO vs. CMR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO) and iShares Premium Money Market ETF (CMR.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.
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.
| VIDY.TO | CMR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.85 | ||
| Sortino ratioReturn per unit of downside risk | -35.14 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 13.16 | -11.71 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 123.47 | -120.38 |
| Martin ratioReturn relative to average drawdown | 11.92 | 564.92 | -553.00 |
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Drawdowns
VIDY.TO vs. CMR.TO - Drawdown Comparison
The maximum VIDY.TO drawdown since its inception was -31.99%, which is greater than CMR.TO's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for VIDY.TO and CMR.TO.
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Drawdown Indicators
| VIDY.TO | CMR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.99% | -0.52% | -31.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.48% | -0.02% | -10.46% |
Max Drawdown (3Y)Largest decline over 3 years | -13.89% | -0.04% | -13.85% |
Max Drawdown (5Y)Largest decline over 5 years | -19.01% | -0.04% | -18.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.14% | — |
Current DrawdownCurrent decline from peak | -0.70% | 0.00% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -0.01% | -4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 0.00% | +2.71% |
Volatility
VIDY.TO vs. CMR.TO - Volatility Comparison
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO) has a higher volatility of 2.56% compared to iShares Premium Money Market ETF (CMR.TO) at 0.05%. This indicates that VIDY.TO's price experiences larger fluctuations and is considered to be riskier than CMR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VIDY.TO | CMR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 0.05% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 11.05% | 0.15% | +10.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.33% | 0.20% | +13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.52% | 0.27% | +13.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.40% | 0.27% | +16.13% |
VIDY.TO vs. CMR.TO - Expense Ratio Comparison
VIDY.TO has a 0.31% expense ratio, which is higher than CMR.TO's 0.13% expense ratio.
Dividends
VIDY.TO vs. CMR.TO - Dividend Comparison
VIDY.TO's dividend yield for the trailing twelve months is around 2.91%, more than CMR.TO's 2.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMR.TO iShares Premium Money Market ETF | 2.45% | 2.81% | 4.56% | 4.64% | 1.63% | 0.01% | 0.47% | 1.60% | 1.33% | 0.61% | 0.43% | 0.48% |
VIDY.TO Vanguard FTSE Developed ex North America High Dividend Yield Index ETF | 2.91% | 2.80% | 3.64% | 3.91% | 4.39% | 3.30% | 3.36% | 3.37% | 0.02% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VIDY.TO and CMR.TO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMR.TO is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMR.TO is cheaper with a 0.13% expense ratio, compared with 0.31% for VIDY.TO.
VIDY.TO is categorized as Foreign Large Cap Equities, while CMR.TO is Money Market. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.31% for VIDY.TO and 0.13% for CMR.TO.
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