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VIG vs. VDY.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VIG vs. VDY.TO

Last updated Jun 13, 2026

VIG (Vanguard Dividend Appreciation ETF) and VDY.TO (Vanguard FTSE Canadian High Dividend Yield Index ETF) are both Dividend funds from Vanguard - VIG tracks the S&P U.S. Dividend Growers Index while VDY.TO tracks the FTSE Canada High Dividend Yield Index. Both are passively managed. Over the past 10 years, VIG returned 13.24%/yr vs 13.60%/yr for VDY.TO. A 0.50 correlation means they provide meaningful diversification when combined. VIG charges 0.04%/yr vs 0.22%/yr for VDY.TO.

Performance

VIG vs. VDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Dividend Appreciation ETF (VIG) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, VIG achieves a 7.68% return, which is significantly lower than VDY.TO's 21.29% return. Both investments have delivered pretty close results over the past 10 years, with VIG having a 13.24% annualized return and VDY.TO not far ahead at 13.60%.

VIG

1D
0.53%
1M
3.08%
YTD
7.68%
6M
6.99%
1Y
18.23%
3Y*
15.98%
5Y*
10.74%
10Y*
13.24%

VDY.TO

1D
0.42%
1M
4.45%
YTD
21.29%
6M
21.63%
1Y
46.13%
3Y*
25.52%
5Y*
14.54%
10Y*
13.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VIG vs. VDY.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VIG
Vanguard Dividend Appreciation ETF		7.68%14.17%16.99%14.51%-9.80%23.76%15.43%29.62%-2.08%22.22%
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index ETF		21.22%35.39%11.96%11.05%-6.18%36.67%1.03%26.64%-17.06%16.18%

Correlation

The correlation between VIG and VDY.TO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.44

Correlation (3Y)
Calculated over the trailing 3-year period

0.54

Correlation (5Y)
Calculated over the trailing 5-year period

0.54

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

0.50

The correlation between VIG and VDY.TO shifts across timeframes, from 0.44 (1 year) to 0.54 (5 years), reflecting how their relationship changes across market environments.

VIG vs. VDY.TO - Sectors Allocation Comparison

Sectors
VIG
VDY.TO

Technology

26.2%
0.4%

Financial Services

20.6%
56.0%

Healthcare

16.5%
0.1%

Industrials

11.8%
0.2%

Consumer Defensive

10.1%
0.4%

Consumer Cyclical

4.7%
3.0%

Energy

3.5%
30.8%

Basic Materials

3.5%
2.2%

Utilities

3.2%
4.1%

Communication Services

0.5%
2.8%

Real Estate

-

-

Technology

VIG
26.2%
VDY.TO
0.4%

Financial Services

VIG
20.6%
VDY.TO
56.0%

Healthcare

VIG
16.5%
VDY.TO
0.1%

Industrials

VIG
11.8%
VDY.TO
0.2%

Consumer Defensive

VIG
10.1%
VDY.TO
0.4%

Consumer Cyclical

VIG
4.7%
VDY.TO
3.0%

Energy

VIG
3.5%
VDY.TO
30.8%

Basic Materials

VIG
3.5%
VDY.TO
2.2%

Utilities

VIG
3.2%
VDY.TO
4.1%

Communication Services

VIG
0.5%
VDY.TO
2.8%

Real Estate

VIG

-

VDY.TO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Dividend Appreciation ETF

Vanguard FTSE Canadian High Dividend Yield Index ETF

Often compared with VIG:
VIG vs. SCHDVIG vs. VYMVIG vs. VOOVIG vs. DGROVIG vs. VDIGXVIG vs. VTIVIG vs. VTV
Often compared with VDY.TO:
VDY.TO vs. XEI.TOVDY.TO vs. XDIV.TOVDY.TO vs. VCN.TOVDY.TO vs. SCHDVDY.TO vs. XIC.TOVDY.TO vs. VCE.TOVDY.TO vs. ZDV.TO

Return for Risk

VIG vs. VDY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VIG
VIG Risk / Return Rank: 6060
Overall Rank
VIG Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
VIG Sortino Ratio Rank: 6666
Sortino Ratio Rank
VIG Omega Ratio Rank: 6161
Omega Ratio Rank
VIG Calmar Ratio Rank: 5353
Calmar Ratio Rank
VIG Martin Ratio Rank: 6060
Martin Ratio Rank
VDY.TO
VDY.TO Risk / Return Rank: 9898
Overall Rank
VDY.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
VDY.TO Sortino Ratio Rank: 9898
Sortino Ratio Rank
VDY.TO Omega Ratio Rank: 9898
Omega Ratio Rank
VDY.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
VDY.TO Martin Ratio Rank: 9898
Martin Ratio Rank
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.

VIG vs. VDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation ETF (VIG) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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.

VIGVDY.TODifference
Sharpe ratioReturn per unit of total volatility
1.80
4.98

-3.19

Sortino ratioReturn per unit of downside risk
2.61
6.88

-4.27

Omega ratioGain probability vs. loss probability

1.32

1.94

-0.62

Calmar ratioReturn relative to maximum drawdown

2.32

12.90

-10.58

Martin ratioReturn relative to average drawdown

9.34

44.49

-35.15

VIG vs. VDY.TO - Sharpe Ratio Comparison

The current VIG Sharpe Ratio is 1.80, which is lower than the VDY.TO Sharpe Ratio of 4.98. The chart below compares the historical Sharpe Ratios of VIG and VDY.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.

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Drawdowns

VIG vs. VDY.TO - Drawdown Comparison

The maximum VIG drawdown since its inception was -46.81%, which is greater than VDY.TO's maximum drawdown of -44.42%. Use the drawdown chart below to compare losses from any high point for VIG and VDY.TO.

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Drawdown Indicators

VIGVDY.TODifference

Max Drawdown

Largest peak-to-trough decline

-46.81%

-44.42%

-2.39%

Max Drawdown (1Y)

Largest decline over 1 year

-7.91%

-3.59%

-4.32%

Max Drawdown (3Y)

Largest decline over 3 years

-14.95%

-12.92%

-2.03%

Max Drawdown (5Y)

Largest decline over 5 years

-20.39%

-23.69%

+3.30%

Max Drawdown (10Y)

Largest decline over 10 years

-31.72%

-44.42%

+12.70%

Current Drawdown

Current decline from peak

-0.33%

0.00%

-0.33%

Average Drawdown

Average peak-to-trough decline

-5.51%

-8.79%

+3.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.96%

1.04%

+0.92%

Volatility

VIG vs. VDY.TO - Volatility Comparison

The current volatility for Vanguard Dividend Appreciation ETF (VIG) is 2.93%, while Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) has a volatility of 3.14%. This indicates that VIG experiences smaller price fluctuations and is considered to be less risky than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VIGVDY.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

3.14%

-0.21%

Volatility (6M)

Calculated over the trailing 6-month period

7.78%

7.41%

+0.37%

Volatility (1Y)

Calculated over the trailing 1-year period

10.19%

9.31%

+0.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.25%

13.44%

+0.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.06%

17.45%

-1.39%

VIG vs. VDY.TO - Expense Ratio Comparison

VIG has a 0.04% expense ratio, which is lower than VDY.TO's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VIG vs. VDY.TO - Dividend Comparison

VIG's dividend yield for the trailing twelve months is around 1.47%, less than VDY.TO's 2.83% yield.

PositionTTM20252024202320222021202020192018201720162015
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index ETF		2.83%3.59%4.37%4.64%4.42%3.46%4.59%4.25%4.44%3.42%3.25%4.11%
VIG
Vanguard Dividend Appreciation ETF		1.47%1.62%1.73%1.88%1.96%1.55%1.63%1.71%2.08%1.88%2.14%2.34%

Frequently Asked Questions

VIG and VDY.TO have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VIG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VIG is cheaper with a 0.04% expense ratio, compared with 0.22% for VDY.TO.

VIG tracks S&P U.S. Dividend Growers Index, while VDY.TO tracks FTSE Canada High Dividend Yield Index. Their fees differ too: 0.04% for VIG and 0.22% for VDY.TO.

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