VMO.TO vs. HBGD.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Global Momentum Factor ETF CAD (VMO.TO) and Global X Big Data & Hardware Index ETF (HBGD.TO).

VMO.TO and HBGD.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VMO.TO is an actively managed fund by Vanguard. It was launched on Jun 14, 2016. HBGD.TO is managed by Global X.

Performance

VMO.TO vs. HBGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Global Momentum Factor ETF CAD (VMO.TO) and Global X Big Data & Hardware Index ETF (HBGD.TO). The values are adjusted to include any dividend payments, if applicable.

VMO.TO vs. HBGD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VMO.TO Vanguard Global Momentum Factor ETF CAD	7.02%	23.20%	29.68%	14.93%	-9.09%	15.67%	21.39%	19.55%	-15.81%
HBGD.TO Global X Big Data & Hardware Index ETF	4.92%	53.48%	15.92%	129.66%	-56.87%	375.98%	117.21%	41.31%	-100.00%

Returns By Period

In the year-to-date period, VMO.TO achieves a 7.02% return, which is significantly higher than HBGD.TO's 4.92% return.

VMO.TO

• 1D: 1.91%
• 1M: -3.89%
• YTD: 7.02%
• 6M: 8.01%
• 1Y: 35.97%
• 3Y*: 24.86%
• 5Y*: 14.23%
• 10Y*: —

HBGD.TO

• 1D: 5.43%
• 1M: -6.59%
• YTD: 4.92%
• 6M: 10.65%
• 1Y: 99.09%
• 3Y*: 45.98%
• 5Y*: 40.28%
• 10Y*: —

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

VMO.TO vs. HBGD.TO - Expense Ratio Comparison

VMO.TO has a 0.38% expense ratio, which is lower than HBGD.TO's 0.64% expense ratio.

HBGD.TO

Global X Big Data & Hardware Index ETF

VMO.TO

Vanguard Global Momentum Factor ETF CAD

Return for Risk

VMO.TO vs. HBGD.TO — Risk / Return Rank

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

VMO.TO

VMO.TO Risk / Return Rank: 82
VMO.TO Sharpe Ratio Rank: 81
VMO.TO Sortino Ratio Rank: 79
VMO.TO Omega Ratio Rank: 76
VMO.TO Calmar Ratio Rank: 87
VMO.TO Martin Ratio Rank: 87

HBGD.TO

HBGD.TO Risk / Return Rank: 92
HBGD.TO Sharpe Ratio Rank: 95
HBGD.TO Sortino Ratio Rank: 94
HBGD.TO Omega Ratio Rank: 89
HBGD.TO Calmar Ratio Rank: 95
HBGD.TO Martin Ratio Rank: 89

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.

VMO.TO vs. HBGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Momentum Factor ETF CAD (VMO.TO) and Global X Big Data & Hardware Index ETF (HBGD.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.

	VMO.TO	HBGD.TO	Difference
Sharpe ratio Return per unit of total volatility	1.60	2.47	-0.87
Sortino ratio Return per unit of downside risk	2.12	3.01	-0.89
Omega ratio Gain probability vs. loss probability	1.30	1.39	-0.09
Calmar ratio Return relative to maximum drawdown	2.87	4.27	-1.41
Martin ratio Return relative to average drawdown	11.12	12.45	-1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VMO.TO vs. HBGD.TO - Sharpe Ratio Comparison

The current VMO.TO Sharpe Ratio is 1.60, which is lower than the HBGD.TO Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of VMO.TO and HBGD.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VMO.TO	HBGD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.47	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.42	+0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	-0.77	+1.57

Correlation

The correlation between VMO.TO and HBGD.TO is 0.44, 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.

Dividends

VMO.TO vs. HBGD.TO - Dividend Comparison

VMO.TO's dividend yield for the trailing twelve months is around 0.80%, more than HBGD.TO's 0.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VMO.TO Vanguard Global Momentum Factor ETF CAD	0.80%	0.85%	0.90%	1.03%	1.65%	1.09%	0.70%	1.70%	0.80%	1.15%	0.51%
HBGD.TO Global X Big Data & Hardware Index ETF	0.37%	0.39%	0.53%	0.64%	1.22%	0.83%	0.32%	1.52%	0.68%	0.00%	0.00%

Drawdowns

VMO.TO vs. HBGD.TO - Drawdown Comparison

The maximum VMO.TO drawdown since its inception was -30.53%, smaller than the maximum HBGD.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for VMO.TO and HBGD.TO.

Drawdown Indicators

	VMO.TO	HBGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.53%	-100.00%	+69.47%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-22.09%	+9.80%
Max Drawdown (5Y) Largest decline over 5 years	-23.27%	-63.43%	+40.16%
Current Drawdown Current decline from peak	-4.38%	-99.98%	+95.60%
Average Drawdown Average peak-to-trough decline	-5.28%	-99.99%	+94.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	7.59%	-4.42%

Volatility

VMO.TO vs. HBGD.TO - Volatility Comparison

The current volatility for Vanguard Global Momentum Factor ETF CAD (VMO.TO) is 9.18%, while Global X Big Data & Hardware Index ETF (HBGD.TO) has a volatility of 13.37%. This indicates that VMO.TO experiences smaller price fluctuations and is considered to be less risky than HBGD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VMO.TO	HBGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.18%	13.37%	-4.19%
Volatility (6M) Calculated over the trailing 6-month period	15.91%	29.52%	-13.61%
Volatility (1Y) Calculated over the trailing 1-year period	22.60%	40.38%	-17.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	96.45%	-78.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.87%	88.07%	-70.20%