VVO.TO vs. EVO.TO
VVO.TO (Vanguard Global Minimum Volatility ETF) and EVO.TO (Evovest Global Equity ETF) are both Global Equities funds. VVO.TO is passively managed, while EVO.TO is actively managed. Over the past year, VVO.TO returned 10.61% vs 2.29% for EVO.TO. At a 0.43 correlation, their price movements are largely independent. VVO.TO charges 0.39%/yr vs 1.15%/yr for EVO.TO.
Performance
VVO.TO vs. EVO.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 EVO.TO's 13.09% 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%
EVO.TO
- 1D
- -0.26%
- 1M
- 4.32%
- YTD
- 13.09%
- 6M
- 12.64%
- 1Y
- 2.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VVO.TO vs. EVO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VVO.TO Vanguard Global Minimum Volatility ETF | 7.32% | 9.74% | 5.18% |
EVO.TO Evovest Global Equity ETF | 13.09% | 4.38% | 1.04% |
Correlation
The correlation between VVO.TO and EVO.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024 | 0.43 |
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Return for Risk
VVO.TO vs. EVO.TO — Risk / Return Rank
VVO.TO
EVO.TO
VVO.TO vs. EVO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility ETF (VVO.TO) and Evovest Global Equity ETF (EVO.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 | EVO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.28 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.06 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 0.12 | +1.53 |
| Martin ratioReturn relative to average drawdown | 6.07 | 0.25 | +5.82 |
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Drawdowns
VVO.TO vs. EVO.TO - Drawdown Comparison
The maximum VVO.TO drawdown since its inception was -33.20%, which is greater than EVO.TO's maximum drawdown of -19.36%. Use the drawdown chart below to compare losses from any high point for VVO.TO and EVO.TO.
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Drawdown Indicators
| VVO.TO | EVO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.20% | -19.36% | -13.84% |
Max Drawdown (1Y)Largest decline over 1 year | -6.47% | -19.36% | +12.89% |
Max Drawdown (3Y)Largest decline over 3 years | -6.98% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.20% | — | — |
Current DrawdownCurrent decline from peak | -0.26% | -6.35% | +6.09% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -4.81% | +1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 9.35% | -7.60% |
Volatility
VVO.TO vs. EVO.TO - Volatility Comparison
The current volatility for Vanguard Global Minimum Volatility ETF (VVO.TO) is 2.07%, while Evovest Global Equity ETF (EVO.TO) has a volatility of 3.95%. This indicates that VVO.TO experiences smaller price fluctuations and is considered to be less risky than EVO.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 | EVO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.07% | 3.95% | -1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 6.02% | 10.53% | -4.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.71% | 20.97% | -13.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.82% | 19.83% | -10.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.02% | 19.83% | -7.81% |
VVO.TO vs. EVO.TO - Expense Ratio Comparison
VVO.TO has a 0.39% expense ratio, which is lower than EVO.TO's 1.15% expense ratio.
Dividends
VVO.TO vs. EVO.TO - Dividend Comparison
VVO.TO's dividend yield for the trailing twelve months is around 1.99%, more than EVO.TO's 0.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EVO.TO Evovest Global Equity ETF | 0.59% | 0.67% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 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 EVO.TO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VVO.TO is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VVO.TO is cheaper with a 0.39% expense ratio, compared with 1.15% for EVO.TO.
They also come from different issuers: Vanguard and National Bank Investments. Their fees differ too: 0.39% for VVO.TO and 1.15% for EVO.TO.
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