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VST vs. CVD.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VST vs. CVD.TO

Last updated Jun 9, 2026

VST (Vistra Corp.) is a stock, while CVD.TO (iShares Convertible Bond Index ETF) is High Yield Bonds fund tracking the FTSE Canada Convertible Bond Index. Over the past 5 years, VST returned 54.75%/yr vs 1.51%/yr for CVD.TO. At a 0.07 correlation, their price movements are largely independent.

Performance

VST vs. CVD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vistra Corp. (VST) and iShares Convertible Bond Index ETF (CVD.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, VST achieves a -8.82% return, which is significantly lower than CVD.TO's 1.49% return.

VST

1D
-1.25%
1M
-0.56%
YTD
-8.82%
6M
-11.33%
1Y
-14.96%
3Y*
83.12%
5Y*
54.75%
10Y*
—

CVD.TO

1D
-0.55%
1M
-1.44%
YTD
1.49%
6M
0.09%
1Y
5.70%
3Y*
6.76%
5Y*
1.51%
10Y*
3.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VST vs. CVD.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VST
Vistra Corp.		-8.82%17.66%261.52%70.73%5.08%19.57%-11.87%2.46%24.95%18.19%
CVD.TO
iShares Convertible Bond Index ETF		1.49%12.22%3.88%6.17%-10.31%5.38%6.19%15.02%-10.23%11.62%

Correlation

The correlation between VST and CVD.TO is 0.04, 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

0.04

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

0.03

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

0.05

Correlation (All Time)
Calculated using the full available price history since Oct 4, 2016

0.08

Compare stocks, funds, or ETFs

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

Vistra Corp.

iShares Convertible Bond Index ETF

Often compared with VST:
VST vs. GEVVST vs. NEEVST vs. TLNVST vs. OKLOVST vs. DUKVST vs. AEPVST vs. BE
Often compared with CVD.TO:
CVD.TO vs. ZWC.TOCVD.TO vs. ICVTCVD.TO vs. XHY.TOCVD.TO vs. CGHY.TOCVD.TO vs. XHB.TOCVD.TO vs. XEQT.TOCVD.TO vs. XSB.TO

Return for Risk

VST vs. CVD.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VST
VST Risk / Return Rank: 2929
Overall Rank
VST Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
VST Sortino Ratio Rank: 2828
Sortino Ratio Rank
VST Omega Ratio Rank: 2828
Omega Ratio Rank
VST Calmar Ratio Rank: 2929
Calmar Ratio Rank
VST Martin Ratio Rank: 2828
Martin Ratio Rank
CVD.TO
CVD.TO Risk / Return Rank: 3737
Overall Rank
CVD.TO Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
CVD.TO Sortino Ratio Rank: 3131
Sortino Ratio Rank
CVD.TO Omega Ratio Rank: 3737
Omega Ratio Rank
CVD.TO Calmar Ratio Rank: 4444
Calmar Ratio Rank
CVD.TO Martin Ratio Rank: 3939
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.

VST vs. CVD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vistra Corp. (VST) and iShares Convertible Bond Index ETF (CVD.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.

VSTCVD.TODifference
Sharpe ratioReturn per unit of total volatility
-0.31
0.67

-0.98

Sortino ratioReturn per unit of downside risk
-0.13
0.95

-1.09

Omega ratioGain probability vs. loss probability

0.98

1.13

-0.14

Calmar ratioReturn relative to maximum drawdown

-0.39

1.51

-1.91

Martin ratioReturn relative to average drawdown

-0.74

3.12

-3.85

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VST vs. CVD.TO - Sharpe Ratio Comparison

The current VST Sharpe Ratio is -0.31, which is lower than the CVD.TO Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of VST and CVD.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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Sharpe Ratios by Period

VSTCVD.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.31

0.67

-0.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.15

0.13

+1.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.30

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.15

+0.56

Drawdowns

VST vs. CVD.TO - Drawdown Comparison

The maximum VST drawdown since its inception was -53.32%, which is greater than CVD.TO's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for VST and CVD.TO.

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Drawdown Indicators

VSTCVD.TODifference

Max Drawdown

Largest peak-to-trough decline

-53.32%

-34.37%

-18.95%

Max Drawdown (1Y)

Largest decline over 1 year

-38.01%

-3.78%

-34.23%

Max Drawdown (3Y)

Largest decline over 3 years

-48.80%

-14.52%

-34.28%

Max Drawdown (5Y)

Largest decline over 5 years

-48.80%

-22.91%

-25.89%

Max Drawdown (10Y)

Largest decline over 10 years

—

-30.24%

—

Current Drawdown

Current decline from peak

-32.40%

-3.78%

-28.62%

Average Drawdown

Average peak-to-trough decline

-13.69%

-9.34%

-4.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.31%

1.83%

+18.48%

Volatility

VST vs. CVD.TO - Volatility Comparison

Vistra Corp. (VST) has a higher volatility of 14.60% compared to iShares Convertible Bond Index ETF (CVD.TO) at 1.39%. This indicates that VST's price experiences larger fluctuations and is considered to be riskier than CVD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VSTCVD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

14.60%

1.39%

+13.21%

Volatility (6M)

Calculated over the trailing 6-month period

37.50%

6.65%

+30.85%

Volatility (1Y)

Calculated over the trailing 1-year period

48.38%

8.61%

+39.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.87%

11.37%

+36.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

42.18%

11.79%

+30.39%

Dividends

VST vs. CVD.TO - Dividend Comparison

VST's dividend yield for the trailing twelve months is around 0.62%, less than CVD.TO's 4.94% yield.

PositionTTM20252024202320222021202020192018201720162015
CVD.TO
iShares Convertible Bond Index ETF		4.94%4.91%5.14%5.33%5.05%4.61%4.48%4.52%4.97%4.65%4.51%4.94%
VST
Vistra Corp.		0.62%0.56%0.63%2.13%3.12%2.64%2.75%2.17%0.00%0.00%14.97%0.00%

Frequently Asked Questions

VST and CVD.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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