VSP.TO vs. CLU.TO
Compare and contrast key facts about Vanguard S&P 500 CAD-hedged ETF (VSP.TO) and iShares US Fundamental Index ETF (CLU.TO).
VSP.TO and CLU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VSP.TO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 2012. CLU.TO is a passively managed fund by iShares that tracks the performance of the FTSE RAFI US 1000 Canadian Dollar Hedged Index. It was launched on Sep 8, 2006. Both VSP.TO and CLU.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSP.TO or CLU.TO.
Key characteristics
| VSP.TO | CLU.TO | |
|---|---|---|
| YTD Return | 26.00% | 20.11% |
| 1Y Return | 35.92% | 31.78% |
| 3Y Return (Ann) | 8.82% | 7.61% |
| 5Y Return (Ann) | 14.37% | 11.33% |
| 10Y Return (Ann) | 12.04% | 8.12% |
| Sharpe Ratio | 3.16 | 3.11 |
| Sortino Ratio | 4.29 | 4.41 |
| Omega Ratio | 1.59 | 1.67 |
| Calmar Ratio | 4.60 | 3.83 |
| Martin Ratio | 21.01 | 20.02 |
| Ulcer Index | 1.81% | 1.67% |
| Daily Std Dev | 12.00% | 10.72% |
| Max Drawdown | -35.55% | -39.93% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VSP.TO and CLU.TO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VSP.TO vs. CLU.TO - Performance Comparison
In the year-to-date period, VSP.TO achieves a 26.00% return, which is significantly higher than CLU.TO's 20.11% return. Over the past 10 years, VSP.TO has outperformed CLU.TO with an annualized return of 12.04%, while CLU.TO has yielded a comparatively lower 8.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VSP.TO vs. CLU.TO - Expense Ratio Comparison
VSP.TO has a 0.09% expense ratio, which is lower than CLU.TO's 0.72% expense ratio.
Risk-Adjusted Performance
VSP.TO vs. CLU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 CAD-hedged ETF (VSP.TO) and iShares US Fundamental Index ETF (CLU.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.
Dividends
VSP.TO vs. CLU.TO - Dividend Comparison
VSP.TO's dividend yield for the trailing twelve months is around 1.04%, less than CLU.TO's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSP.TO Vanguard S&P 500 CAD-hedged ETF | 1.04% | 1.17% | 1.37% | 1.07% | 1.27% | 1.52% | 1.76% | 1.46% | 1.69% | 1.75% | 1.53% | 1.43% |
CLU.TO iShares US Fundamental Index ETF | 1.17% | 1.35% | 1.63% | 0.82% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VSP.TO vs. CLU.TO - Drawdown Comparison
The maximum VSP.TO drawdown since its inception was -35.55%, smaller than the maximum CLU.TO drawdown of -39.93%. Use the drawdown chart below to compare losses from any high point for VSP.TO and CLU.TO. For additional features, visit the drawdowns tool.
Volatility
VSP.TO vs. CLU.TO - Volatility Comparison
Vanguard S&P 500 CAD-hedged ETF (VSP.TO) and iShares US Fundamental Index ETF (CLU.TO) have volatilities of 3.81% and 3.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.