VT vs. XLB.TO
VT (Vanguard Total World Stock ETF) and XLB.TO (iShares Core Canadian Long Term Bond Index ETF) are both exchange-traded funds - VT is a Global Equities fund tracking the FTSE Global All Cap Index, while XLB.TO is a Canadian Government Bonds fund tracking the Morningstar Can 10+Y Core Bd GR CAD. Both are passively managed. Over the past 10 years, VT returned 12.84%/yr vs -0.15%/yr for XLB.TO. At a correlation of -0.01, they often move in opposite directions. VT charges 0.06%/yr vs 0.20%/yr for XLB.TO.
Performance
VT vs. XLB.TO - Performance Comparison
Loading charts...
Different Trading Currencies
VT is traded in USD, while XLB.TO is traded in CAD. To make them comparable, the XLB.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VT achieves a 12.44% return, which is significantly higher than XLB.TO's -0.74% return. Over the past 10 years, VT has outperformed XLB.TO with an annualized return of 12.84%, while XLB.TO has yielded a comparatively lower -0.15% annualized return.
VT
- 1D
- 1.16%
- 1M
- 1.95%
- YTD
- 12.44%
- 6M
- 12.88%
- 1Y
- 29.65%
- 3Y*
- 19.80%
- 5Y*
- 11.47%
- 10Y*
- 12.84%
XLB.TO
- 1D
- -0.50%
- 1M
- -1.05%
- YTD
- -0.74%
- 6M
- 0.62%
- 1Y
- -0.14%
- 3Y*
- 0.49%
- 5Y*
- -4.69%
- 10Y*
- -0.15%
VT vs. XLB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VT Vanguard Total World Stock ETF | 12.44% | 22.43% | 16.49% | 22.02% | -18.00% | 18.27% | 16.59% | 26.81% | -9.76% | 24.50% |
XLB.TO iShares Core Canadian Long Term Bond Index ETF | -0.74% | 3.99% | -7.15% | 11.81% | -26.31% | -4.54% | 13.88% | 17.71% | -7.99% | 14.89% |
Correlation
The correlation between VT and XLB.TO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2008 | -0.01 |
The correlation between VT and XLB.TO shifts across timeframes, from -0.01 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VT vs. XLB.TO — Risk / Return Rank
VT
XLB.TO
VT vs. XLB.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total World Stock ETF (VT) and iShares Core Canadian Long Term Bond Index ETF (XLB.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.
| VT | XLB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.15 | ||
| Sortino ratioReturn per unit of downside risk | +2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.01 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 0.04 | +2.98 |
| Martin ratioReturn relative to average drawdown | 13.14 | 0.09 | +13.05 |
Loading charts...
Drawdowns
VT vs. XLB.TO - Drawdown Comparison
The maximum VT drawdown since its inception was -50.27%, which is greater than XLB.TO's maximum drawdown of -36.38%. Use the drawdown chart below to compare losses from any high point for VT and XLB.TO.
Loading charts...
Drawdown Indicators
| VT | XLB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.27% | -36.38% | -13.89% |
Max Drawdown (1Y)Largest decline over 1 year | -9.67% | -5.76% | -3.91% |
Max Drawdown (3Y)Largest decline over 3 years | -16.51% | -14.63% | -1.88% |
Max Drawdown (5Y)Largest decline over 5 years | -26.38% | -34.20% | +7.82% |
Max Drawdown (10Y)Largest decline over 10 years | -34.24% | -36.38% | +2.14% |
Current DrawdownCurrent decline from peak | -0.70% | -24.76% | +24.06% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -11.10% | +4.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 2.67% | -0.45% |
Volatility
VT vs. XLB.TO - Volatility Comparison
Vanguard Total World Stock ETF (VT) has a higher volatility of 5.36% compared to iShares Core Canadian Long Term Bond Index ETF (XLB.TO) at 2.39%. This indicates that VT's price experiences larger fluctuations and is considered to be riskier than XLB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VT | XLB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.36% | 2.39% | +2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 6.87% | +4.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.42% | 8.98% | +4.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.17% | 13.88% | +2.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.28% | 13.36% | +3.92% |
VT vs. XLB.TO - Expense Ratio Comparison
VT has a 0.06% expense ratio, which is lower than XLB.TO's 0.20% 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
VT vs. XLB.TO - Dividend Comparison
VT's dividend yield for the trailing twelve months is around 1.95%, less than XLB.TO's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VT Vanguard Total World Stock ETF | 1.58% | 1.82% | 1.95% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% |
XLB.TO iShares Core Canadian Long Term Bond Index ETF | 4.02% | 4.05% | 3.82% | 3.73% | 3.97% | 3.03% | 2.90% | 3.18% | 3.56% | 3.45% | 3.62% | 3.64% |
Frequently Asked Questions
VT and XLB.TO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VT is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VT is cheaper with a 0.06% expense ratio, compared with 0.20% for XLB.TO.
VT is categorized as Global Equities, while XLB.TO is Canadian Government Bonds. VT tracks FTSE Global All Cap Index, while XLB.TO tracks Morningstar Can 10+Y Core Bd GR CAD. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.06% for VT and 0.20% for XLB.TO.
Find the right allocation for VT and XLB.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer