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

VIG vs. VFV.TO

Last updated Jun 13, 2026

VIG (Vanguard Dividend Appreciation ETF) and VFV.TO (Vanguard S&P 500 Index ETF) are both exchange-traded funds - VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index, while VFV.TO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, VIG returned 13.24%/yr vs 15.13%/yr for VFV.TO. A 0.66 correlation means they provide meaningful diversification when combined. VIG charges 0.04%/yr vs 0.09%/yr for VFV.TO.

Performance

VIG vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Dividend Appreciation ETF (VIG) and Vanguard S&P 500 Index ETF (VFV.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 VFV.TO is traded in CAD. To make them comparable, the VFV.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 VFV.TO's 8.81% return. Over the past 10 years, VIG has underperformed VFV.TO with an annualized return of 13.24%, while VFV.TO has yielded a comparatively higher 15.13% annualized return.

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%

VFV.TO

1D
0.51%
1M
-0.09%
YTD
8.81%
6M
9.33%
1Y
24.69%
3Y*
20.80%
5Y*
13.00%
10Y*
15.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VIG vs. VFV.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%
VFV.TO
Vanguard S&P 500 Index ETF		8.75%17.55%24.68%26.24%-17.79%27.57%18.42%30.52%-5.03%21.94%

Correlation

The correlation between VIG and VFV.TO is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.64

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

0.68

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

0.71

Correlation (10Y)
Calculated over the trailing 10-year period

0.68

Correlation (All Time)
Calculated using the full available price history since Nov 8, 2012

0.66

The correlation between VIG and VFV.TO has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.

VIG vs. VFV.TO - Sectors Allocation Comparison

Sectors
VIG
VFV.TO

Technology

26.2%
35.7%

Financial Services

20.6%
11.6%

Healthcare

16.5%
8.5%

Industrials

11.8%
8.3%

Consumer Defensive

10.1%
4.9%

Consumer Cyclical

4.7%
10.2%

Energy

3.5%
3.5%

Basic Materials

3.5%
1.8%

Utilities

3.2%
2.4%

Communication Services

0.5%
11.3%

Real Estate

-

1.9%

Technology

VIG
26.2%
VFV.TO
35.7%

Financial Services

VIG
20.6%
VFV.TO
11.6%

Healthcare

VIG
16.5%
VFV.TO
8.5%

Industrials

VIG
11.8%
VFV.TO
8.3%

Consumer Defensive

VIG
10.1%
VFV.TO
4.9%

Consumer Cyclical

VIG
4.7%
VFV.TO
10.2%

Energy

VIG
3.5%
VFV.TO
3.5%

Basic Materials

VIG
3.5%
VFV.TO
1.8%

Utilities

VIG
3.2%
VFV.TO
2.4%

Communication Services

VIG
0.5%
VFV.TO
11.3%

Real Estate

VIG

-

VFV.TO
1.9%

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 S&P 500 Index ETF

Often compared with VIG:
VIG vs. SCHDVIG vs. VYMVIG vs. VOOVIG vs. DGROVIG vs. VDIGXVIG vs. VTIVIG vs. VTV
Often compared with VFV.TO:
VFV.TO vs. XEQT.TOVFV.TO vs. VEQT.TOVFV.TO vs. VOOVFV.TO vs. QQC.TOVFV.TO vs. VSP.TOVFV.TO vs. VCN.TOVFV.TO vs. XQQ.TO

Return for Risk

VIG vs. VFV.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
VFV.TO
VFV.TO Risk / Return Rank: 7979
Overall Rank
VFV.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
VFV.TO Sortino Ratio Rank: 8181
Sortino Ratio Rank
VFV.TO Omega Ratio Rank: 8383
Omega Ratio Rank
VFV.TO Calmar Ratio Rank: 7373
Calmar Ratio Rank
VFV.TO Martin Ratio Rank: 7474
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. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation ETF (VIG) and Vanguard S&P 500 Index ETF (VFV.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.

VIGVFV.TODifference
Sharpe ratioReturn per unit of total volatility
1.80
1.94

-0.14

Sortino ratioReturn per unit of downside risk
2.61
2.63

-0.02

Omega ratioGain probability vs. loss probability

1.32

1.36

-0.04

Calmar ratioReturn relative to maximum drawdown

2.32

2.74

-0.43

Martin ratioReturn relative to average drawdown

9.34

11.87

-2.53

VIG vs. VFV.TO - Sharpe Ratio Comparison

The current VIG Sharpe Ratio is 1.80, which is comparable to the VFV.TO Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of VIG and VFV.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. VFV.TO - Drawdown Comparison

The maximum VIG drawdown since its inception was -46.81%, which is greater than VFV.TO's maximum drawdown of -33.56%. Use the drawdown chart below to compare losses from any high point for VIG and VFV.TO.

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Drawdown Indicators

VIGVFV.TODifference

Max Drawdown

Largest peak-to-trough decline

-46.81%

-33.56%

-13.25%

Max Drawdown (1Y)

Largest decline over 1 year

-7.91%

-9.04%

+1.13%

Max Drawdown (3Y)

Largest decline over 3 years

-14.95%

-18.94%

+3.99%

Max Drawdown (5Y)

Largest decline over 5 years

-20.39%

-24.33%

+3.94%

Max Drawdown (10Y)

Largest decline over 10 years

-31.72%

-33.56%

+1.84%

Current Drawdown

Current decline from peak

-0.33%

-2.43%

+2.10%

Average Drawdown

Average peak-to-trough decline

-5.51%

-3.85%

-1.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.96%

2.08%

-0.12%

Volatility

VIG vs. VFV.TO - Volatility Comparison

The current volatility for Vanguard Dividend Appreciation ETF (VIG) is 2.93%, while Vanguard S&P 500 Index ETF (VFV.TO) has a volatility of 4.51%. This indicates that VIG experiences smaller price fluctuations and is considered to be less risky than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VIGVFV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

4.51%

-1.58%

Volatility (6M)

Calculated over the trailing 6-month period

7.78%

9.72%

-1.94%

Volatility (1Y)

Calculated over the trailing 1-year period

10.19%

12.80%

-2.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.25%

16.10%

-1.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.06%

17.73%

-1.67%

VIG vs. VFV.TO - Expense Ratio Comparison

VIG has a 0.04% expense ratio, which is lower than VFV.TO's 0.09% 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. VFV.TO - Dividend Comparison

VIG's dividend yield for the trailing twelve months is around 1.47%, more than VFV.TO's 0.84% yield.

PositionTTM20252024202320222021202020192018201720162015
VFV.TO
Vanguard S&P 500 Index ETF		0.84%0.92%0.99%1.20%1.31%1.06%1.33%1.55%1.69%1.51%1.65%1.63%
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 VFV.TO have a correlation of 0.64, 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 0.09% for VFV.TO.

VIG is categorized as Dividend, while VFV.TO is S&P 500. VIG tracks S&P U.S. Dividend Growers Index, while VFV.TO tracks S&P 500 Index. Their fees differ too: 0.04% for VIG and 0.09% for VFV.TO.

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