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VUS.TO vs. SPUS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VUS.TO vs. SPUS

Last updated Jun 4, 2026

VUS.TO (Vanguard U.S. Total Market Index ETF (CAD-hedged)) and SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) are both exchange-traded funds - VUS.TO is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while SPUS is a S&P 500 fund tracking the S&P 500 Shariah Industry Exclusions Index. Both are passively managed. Over the past 5 years, VUS.TO returned 10.63%/yr vs 20.81%/yr for SPUS. A 0.78 correlation means they provide meaningful diversification when combined. VUS.TO charges 0.17%/yr vs 0.45%/yr for SPUS.

Performance

VUS.TO vs. SPUS - 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 SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, VUS.TO achieves a 9.96% return, which is significantly lower than SPUS's 17.29% return.

VUS.TO

1D
-0.73%
1M
4.98%
YTD
9.96%
6M
8.19%
1Y
23.82%
3Y*
19.29%
5Y*
10.63%
10Y*
13.09%

SPUS

1D
-0.45%
1M
11.68%
YTD
17.29%
6M
14.76%
1Y
42.05%
3Y*
26.34%
5Y*
20.81%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VUS.TO vs. SPUS - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
VUS.TO
Vanguard U.S. Total Market Index ETF (CAD-hedged)		9.96%13.31%22.11%24.21%-20.86%24.87%17.67%1.07%
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF		17.29%14.28%37.36%31.29%-17.26%34.69%23.56%-0.26%

Correlation

The correlation between VUS.TO and SPUS is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.76

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

0.79

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

0.80

Correlation (All Time)
Calculated using the full available price history since Dec 19, 2019

0.78

The correlation between VUS.TO and SPUS has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

VUS.TO vs. SPUS - Sectors Allocation Comparison

Sectors
VUS.TO
SPUS

Technology

31.5%
57.3%

Financial Services

12.5%

-

Healthcare

10.2%
11.1%

Consumer Cyclical

10.0%
7.3%

Industrials

9.9%
7.0%

Communication Services

9.7%
6.4%

Consumer Defensive

5.0%
2.9%

Energy

4.2%
3.3%

Utilities

2.5%
0.3%

Real Estate

2.5%
1.4%

Basic Materials

2.2%
3.0%

Technology

VUS.TO
31.5%
SPUS
57.3%

Financial Services

VUS.TO
12.5%
SPUS

-

Healthcare

VUS.TO
10.2%
SPUS
11.1%

Consumer Cyclical

VUS.TO
10.0%
SPUS
7.3%

Industrials

VUS.TO
9.9%
SPUS
7.0%

Communication Services

VUS.TO
9.7%
SPUS
6.4%

Consumer Defensive

VUS.TO
5.0%
SPUS
2.9%

Energy

VUS.TO
4.2%
SPUS
3.3%

Utilities

VUS.TO
2.5%
SPUS
0.3%

Real Estate

VUS.TO
2.5%
SPUS
1.4%

Basic Materials

VUS.TO
2.2%
SPUS
3.0%

Compare stocks, funds, or ETFs

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

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

SP Funds S&P 500 Sharia Industry Exclusions ETF

Often compared with VUS.TO:
VUS.TO vs. XEQT.TOVUS.TO vs. VUN.TOVUS.TO vs. VOOVUS.TO vs. XUU.TOVUS.TO vs. VTIVUS.TO vs. CNCL.TOVUS.TO vs. TRRYX
Often compared with SPUS:
SPUS vs. HLALSPUS vs. SPYSPUS vs. VOOSPUS vs. SPTESPUS vs. SPWOSPUS vs. SPRESPUS vs. UMMA

Return for Risk

VUS.TO vs. SPUS — 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: 5757
Overall Rank
VUS.TO Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
VUS.TO Sortino Ratio Rank: 5757
Sortino Ratio Rank
VUS.TO Omega Ratio Rank: 5757
Omega Ratio Rank
VUS.TO Calmar Ratio Rank: 5151
Calmar Ratio Rank
VUS.TO Martin Ratio Rank: 6262
Martin Ratio Rank
SPUS
SPUS Risk / Return Rank: 8181
Overall Rank
SPUS Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
SPUS Sortino Ratio Rank: 8383
Sortino Ratio Rank
SPUS Omega Ratio Rank: 8080
Omega Ratio Rank
SPUS Calmar Ratio Rank: 7474
Calmar Ratio Rank
SPUS Martin Ratio Rank: 8181
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.

VUS.TO vs. SPUS - 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 SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.TOSPUSDifference
Sharpe ratioReturn per unit of total volatility
1.94
3.02

-1.08

Sortino ratioReturn per unit of downside risk
2.69
3.96

-1.27

Omega ratioGain probability vs. loss probability

1.35

1.55

-0.20

Calmar ratioReturn relative to maximum drawdown

2.47

4.04

-1.57

Martin ratioReturn relative to average drawdown

10.99

14.54

-3.56

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. SPUS - Sharpe Ratio Comparison

The current VUS.TO Sharpe Ratio is 1.94, which is lower than the SPUS Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of VUS.TO and SPUS, 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

VUS.TOSPUSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.94

3.02

-1.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.62

1.19

-0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.80

1.06

-0.26

Drawdowns

VUS.TO vs. SPUS - Drawdown Comparison

The maximum VUS.TO drawdown since its inception was -36.70%, which is greater than SPUS's maximum drawdown of -25.06%. Use the drawdown chart below to compare losses from any high point for VUS.TO and SPUS.

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Drawdown Indicators

VUS.TOSPUSDifference

Max Drawdown

Largest peak-to-trough decline

-36.70%

-25.06%

-11.64%

Max Drawdown (1Y)

Largest decline over 1 year

-9.68%

-10.46%

+0.78%

Max Drawdown (3Y)

Largest decline over 3 years

-19.21%

-23.45%

+4.24%

Max Drawdown (5Y)

Largest decline over 5 years

-26.25%

-25.06%

-1.19%

Max Drawdown (10Y)

Largest decline over 10 years

-36.70%

—

—

Current Drawdown

Current decline from peak

-0.73%

-0.45%

-0.28%

Average Drawdown

Average peak-to-trough decline

-4.33%

-5.58%

+1.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.17%

2.90%

-0.73%

Volatility

VUS.TO vs. SPUS - Volatility Comparison

The current volatility for Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.TO) is 3.14%, while SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has a volatility of 3.90%. This indicates that VUS.TO experiences smaller price fluctuations and is considered to be less risky than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VUS.TOSPUSDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.14%

3.90%

-0.76%

Volatility (6M)

Calculated over the trailing 6-month period

9.38%

10.73%

-1.35%

Volatility (1Y)

Calculated over the trailing 1-year period

12.34%

13.98%

-1.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.22%

17.57%

-0.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.08%

19.36%

-1.28%

VUS.TO vs. SPUS - Expense Ratio Comparison

VUS.TO has a 0.17% expense ratio, which is lower than SPUS's 0.45% expense ratio.

Dividends

VUS.TO vs. SPUS - Dividend Comparison

VUS.TO's dividend yield for the trailing twelve months is around 0.75%, more than SPUS's 0.52% yield.

PositionTTM20252024202320222021202020192018201720162015
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF		0.52%0.60%0.70%0.87%1.21%1.15%1.04%0.00%0.00%0.00%0.00%0.00%
VUS.TO
Vanguard U.S. Total Market Index ETF (CAD-hedged)		0.75%0.84%0.97%1.07%1.23%0.95%1.11%1.39%1.60%1.32%1.49%1.59%

Frequently Asked Questions

VUS.TO and SPUS have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VUS.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VUS.TO is cheaper with a 0.17% expense ratio, compared with 0.45% for SPUS.

VUS.TO is categorized as Large Cap Blend Equities, while SPUS is S&P 500. VUS.TO tracks CRSP US Total Market Index, while SPUS tracks S&P 500 Shariah Industry Exclusions Index. They also come from different issuers: Vanguard and SP Funds. Their fees differ too: 0.17% for VUS.TO and 0.45% for SPUS.

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