VUS.TO vs. SMVP.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.TO) and HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO).

VUS.TO and SMVP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VUS.TO is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on Nov 30, 2011. SMVP.TO is a passively managed fund by Hamilton Capital that tracks the performance of the Solactive United States Dividend Elite Champions Index. It was launched on Jan 24, 2025. Both VUS.TO and SMVP.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.

Performance

VUS.TO vs. SMVP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.TO) and HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO). The values are adjusted to include any dividend payments, if applicable.

VUS.TO vs. SMVP.TO - Yearly Performance Comparison

	2026 (YTD)	2025
VUS.TO Vanguard U.S. Total Market Index ETF (CAD-hedged)	-4.65%	10.93%
SMVP.TO HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)	5.52%	1.65%

Returns By Period

In the year-to-date period, VUS.TO achieves a -4.65% return, which is significantly lower than SMVP.TO's 5.52% return.

VUS.TO

• 1D: 2.87%
• 1M: -5.36%
• YTD: -4.65%
• 6M: -4.03%
• 1Y: 14.10%
• 3Y*: 15.39%
• 5Y*: 8.54%
• 10Y*: 11.71%

SMVP.TO

• 1D: 0.71%
• 1M: -4.91%
• YTD: 5.52%
• 6M: 6.41%
• 1Y: 7.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VUS.TO vs. SMVP.TO - Expense Ratio Comparison

VUS.TO has a 0.17% expense ratio, which is higher than SMVP.TO's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

VUS.TO

Vanguard U.S. Total Market Index ETF (CAD-hedged)

SMVP.TO

HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)

Return for Risk

VUS.TO vs. SMVP.TO — Risk / Return Rank

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

VUS.TO

VUS.TO Risk / Return Rank: 46
VUS.TO Sharpe Ratio Rank: 41
VUS.TO Sortino Ratio Rank: 43
VUS.TO Omega Ratio Rank: 46
VUS.TO Calmar Ratio Rank: 46
VUS.TO Martin Ratio Rank: 55

SMVP.TO

SMVP.TO Risk / Return Rank: 32
SMVP.TO Sharpe Ratio Rank: 30
SMVP.TO Sortino Ratio Rank: 30
SMVP.TO Omega Ratio Rank: 29
SMVP.TO Calmar Ratio Rank: 34
SMVP.TO Martin Ratio Rank: 38

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.

VUS.TO vs. SMVP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.TO) and HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.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.

	VUS.TO	SMVP.TO	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.54	+0.23
Sortino ratio Return per unit of downside risk	1.22	0.85	+0.37
Omega ratio Gain probability vs. loss probability	1.18	1.12	+0.06
Calmar ratio Return relative to maximum drawdown	1.20	0.86	+0.35
Martin ratio Return relative to average drawdown	5.37	3.47	+1.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUS.TO vs. SMVP.TO - Sharpe Ratio Comparison

The current VUS.TO Sharpe Ratio is 0.78, which is higher than the SMVP.TO Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of VUS.TO and SMVP.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

	VUS.TO	SMVP.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.54	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.46	+0.29

Correlation

The correlation between VUS.TO and SMVP.TO is 0.45, 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

VUS.TO vs. SMVP.TO - Dividend Comparison

VUS.TO's dividend yield for the trailing twelve months is around 0.87%, less than SMVP.TO's 1.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VUS.TO Vanguard U.S. Total Market Index ETF (CAD-hedged)	0.87%	0.84%	0.97%	1.07%	1.23%	0.95%	1.11%	1.39%	1.60%	1.32%	1.49%	1.59%
SMVP.TO HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)	1.94%	1.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VUS.TO vs. SMVP.TO - Drawdown Comparison

The maximum VUS.TO drawdown since its inception was -36.70%, which is greater than SMVP.TO's maximum drawdown of -12.11%. Use the drawdown chart below to compare losses from any high point for VUS.TO and SMVP.TO.

Drawdown Indicators

	VUS.TO	SMVP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-36.70%	-12.11%	-24.59%
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	-10.23%	-1.83%
Max Drawdown (5Y) Largest decline over 5 years	-26.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.70%	—	—
Current Drawdown Current decline from peak	-7.08%	-4.97%	-2.11%
Average Drawdown Average peak-to-trough decline	-4.37%	-2.27%	-2.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	2.59%	+0.11%

Volatility

VUS.TO vs. SMVP.TO - Volatility Comparison

Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.TO) has a higher volatility of 5.55% compared to HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) at 3.28%. This indicates that VUS.TO's price experiences larger fluctuations and is considered to be riskier than SMVP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUS.TO	SMVP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	3.28%	+2.27%
Volatility (6M) Calculated over the trailing 6-month period	9.88%	7.16%	+2.72%
Volatility (1Y) Calculated over the trailing 1-year period	18.23%	13.76%	+4.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.21%	13.50%	+3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	13.50%	+4.56%