VVO.TO vs. ESGG.TO
VVO.TO (Vanguard Global Minimum Volatility ETF) and ESGG.TO (BMO MSCI Global Selection Equity Index ETF) are both Global Equities funds. Over the past 5 years, VVO.TO returned 6.69%/yr vs 14.54%/yr for ESGG.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
VVO.TO vs. ESGG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, VVO.TO achieves a 7.32% return, which is significantly lower than ESGG.TO's 13.51% return.
VVO.TO
- 1D
- 0.14%
- 1M
- 0.81%
- YTD
- 7.32%
- 6M
- 6.89%
- 1Y
- 10.61%
- 3Y*
- 11.55%
- 5Y*
- 6.69%
- 10Y*
- 7.27%
ESGG.TO
- 1D
- 1.89%
- 1M
- 3.45%
- YTD
- 13.51%
- 6M
- 12.68%
- 1Y
- 27.26%
- 3Y*
- 21.79%
- 5Y*
- 14.54%
- 10Y*
- —
VVO.TO vs. ESGG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VVO.TO Vanguard Global Minimum Volatility ETF | 7.32% | 9.74% | 13.56% | 4.87% | -5.18% | 10.43% | -5.12% |
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 13.51% | 15.44% | 27.08% | 23.34% | -14.25% | 23.71% | 8.86% |
Correlation
The correlation between VVO.TO and ESGG.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | 0.43 |
The correlation between VVO.TO and ESGG.TO shifts across timeframes, from 0.26 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VVO.TO vs. ESGG.TO — Risk / Return Rank
VVO.TO
ESGG.TO
VVO.TO vs. ESGG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility ETF (VVO.TO) and BMO MSCI Global Selection Equity Index ETF (ESGG.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.
| VVO.TO | ESGG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.43 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.95 | -1.31 |
| Martin ratioReturn relative to average drawdown | 6.07 | 11.73 | -5.66 |
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Drawdowns
VVO.TO vs. ESGG.TO - Drawdown Comparison
The maximum VVO.TO drawdown since its inception was -33.20%, which is greater than ESGG.TO's maximum drawdown of -27.90%. Use the drawdown chart below to compare losses from any high point for VVO.TO and ESGG.TO.
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Drawdown Indicators
| VVO.TO | ESGG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.20% | -27.90% | -5.30% |
Max Drawdown (1Y)Largest decline over 1 year | -6.47% | -9.27% | +2.80% |
Max Drawdown (3Y)Largest decline over 3 years | -6.98% | -17.79% | +10.81% |
Max Drawdown (5Y)Largest decline over 5 years | -14.37% | -25.31% | +10.94% |
Max Drawdown (10Y)Largest decline over 10 years | -33.20% | — | — |
Current DrawdownCurrent decline from peak | -0.26% | 0.00% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -5.81% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.33% | -0.58% |
Volatility
VVO.TO vs. ESGG.TO - Volatility Comparison
The current volatility for Vanguard Global Minimum Volatility ETF (VVO.TO) is 2.07%, while BMO MSCI Global Selection Equity Index ETF (ESGG.TO) has a volatility of 3.91%. This indicates that VVO.TO experiences smaller price fluctuations and is considered to be less risky than ESGG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VVO.TO | ESGG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.07% | 3.91% | -1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 6.02% | 9.68% | -3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.71% | 11.74% | -4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.82% | 14.40% | -4.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.02% | 16.38% | -4.36% |
Dividends
VVO.TO vs. ESGG.TO - Dividend Comparison
VVO.TO's dividend yield for the trailing twelve months is around 1.99%, more than ESGG.TO's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 0.86% | 1.01% | 1.20% | 1.56% | 1.82% | 1.53% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% |
VVO.TO Vanguard Global Minimum Volatility ETF | 1.99% | 2.13% | 2.05% | 2.68% | 1.56% | 2.30% | 2.23% | 2.22% | 1.87% | 2.07% | 0.71% |
Frequently Asked Questions
VVO.TO and ESGG.TO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Vanguard and BMO.
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