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VVO.TO vs. ONEQ.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VVO.TO vs. ONEQ.TO

Last updated Jul 1, 2026
See Documentation

VVO.TO (Vanguard Global Minimum Volatility ETF) and ONEQ.TO (CI Global Core Plus Equity ETF) are both Global Equities funds. VVO.TO is passively managed, while ONEQ.TO is actively managed. Over the past 10 years, VVO.TO returned 7.27%/yr vs 12.40%/yr for ONEQ.TO. At a 0.32 correlation, their price movements are largely independent.

Performance

VVO.TO vs. ONEQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Global Minimum Volatility ETF (VVO.TO) and CI Global Core Plus Equity ETF (ONEQ.TO). The values are adjusted to include any dividend payments, if applicable.

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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 ONEQ.TO's 12.41% return. Over the past 10 years, VVO.TO has underperformed ONEQ.TO with an annualized return of 7.27%, while ONEQ.TO has yielded a comparatively higher 12.40% annualized 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%

ONEQ.TO

1D
-0.02%
1M
-0.52%
YTD
12.41%
6M
12.14%
1Y
26.29%
3Y*
21.18%
5Y*
12.91%
10Y*
12.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VVO.TO vs. ONEQ.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VVO.TO
Vanguard Global Minimum Volatility ETF		7.32%9.74%13.56%4.87%-5.18%10.43%-2.49%19.40%-2.10%14.32%
ONEQ.TO
CI Global Core Plus Equity ETF		12.41%17.62%22.45%19.07%-10.74%21.65%8.21%22.22%-10.36%13.10%

Correlation

The correlation between VVO.TO and ONEQ.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.16

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

0.23

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

0.31

Correlation (10Y)
Calculated over the trailing 10-year period

0.32

Correlation (All Time)
Calculated using the full available price history since Jun 23, 2016

0.32

The correlation between VVO.TO and ONEQ.TO shifts across timeframes, from 0.16 (1 year) to 0.32 (all time), 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.

Vanguard Global Minimum Volatility ETF

CI Global Core Plus Equity ETF

Often compared with VVO.TO:
VVO.TO vs. CAGE.TOVVO.TO vs. XEQT.TOVVO.TO vs. TILV.TOVVO.TO vs. FLVI.NEOVVO.TO vs. FGEP.TOVVO.TO vs. VVL.TOVVO.TO vs. VMO.TO

Return for Risk

VVO.TO vs. ONEQ.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VVO.TO
VVO.TO Risk / Return Rank: 4343
Overall Rank
VVO.TO Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
VVO.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
VVO.TO Omega Ratio Rank: 4646
Omega Ratio Rank
VVO.TO Calmar Ratio Rank: 3737
Calmar Ratio Rank
VVO.TO Martin Ratio Rank: 4343
Martin Ratio Rank
ONEQ.TO
ONEQ.TO Risk / Return Rank: 8787
Overall Rank
ONEQ.TO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
ONEQ.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
ONEQ.TO Omega Ratio Rank: 8888
Omega Ratio Rank
ONEQ.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
ONEQ.TO Martin Ratio Rank: 9191
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.

VVO.TO vs. ONEQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility ETF (VVO.TO) and CI Global Core Plus Equity ETF (ONEQ.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.TOONEQ.TODifference
Sharpe ratioReturn per unit of total volatility
1.39
2.29

-0.90

Sortino ratioReturn per unit of downside risk
2.01
3.32

-1.32

Omega ratioGain probability vs. loss probability

1.26

1.47

-0.20

Calmar ratioReturn relative to maximum drawdown

1.65

4.08

-2.43

Martin ratioReturn relative to average drawdown

6.07

18.06

-11.99

VVO.TO vs. ONEQ.TO - Sharpe Ratio Comparison

The current VVO.TO Sharpe Ratio is 1.39, which is lower than the ONEQ.TO Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of VVO.TO and ONEQ.TO, 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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Drawdowns

VVO.TO vs. ONEQ.TO - Drawdown Comparison

The maximum VVO.TO drawdown since its inception was -33.20%, roughly equal to the maximum ONEQ.TO drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for VVO.TO and ONEQ.TO.

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Drawdown Indicators

VVO.TOONEQ.TODifference

Max Drawdown

Largest peak-to-trough decline

-33.20%

-34.40%

+1.20%

Max Drawdown (1Y)

Largest decline over 1 year

-6.47%

-6.66%

+0.19%

Max Drawdown (3Y)

Largest decline over 3 years

-6.98%

-16.08%

+9.10%

Max Drawdown (5Y)

Largest decline over 5 years

-14.37%

-17.61%

+3.24%

Max Drawdown (10Y)

Largest decline over 10 years

-33.20%

-34.40%

+1.20%

Current Drawdown

Current decline from peak

-0.26%

-1.58%

+1.32%

Average Drawdown

Average peak-to-trough decline

-3.44%

-3.71%

+0.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.75%

1.50%

+0.25%

Volatility

VVO.TO vs. ONEQ.TO - Volatility Comparison

The current volatility for Vanguard Global Minimum Volatility ETF (VVO.TO) is 2.07%, while CI Global Core Plus Equity ETF (ONEQ.TO) has a volatility of 3.68%. This indicates that VVO.TO experiences smaller price fluctuations and is considered to be less risky than ONEQ.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.TOONEQ.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.07%

3.68%

-1.61%

Volatility (6M)

Calculated over the trailing 6-month period

6.02%

9.89%

-3.87%

Volatility (1Y)

Calculated over the trailing 1-year period

7.71%

11.89%

-4.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.82%

13.27%

-3.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.02%

13.93%

-1.91%

Dividends

VVO.TO vs. ONEQ.TO - Dividend Comparison

VVO.TO's dividend yield for the trailing twelve months is around 1.99%, more than ONEQ.TO's 1.62% yield.

PositionTTM2025202420232022202120202019201820172016
ONEQ.TO
CI Global Core Plus Equity ETF		1.62%1.60%1.05%1.53%1.38%0.89%1.22%1.39%0.94%1.03%1.22%
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 ONEQ.TO have a correlation of 0.16, 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 CI.

Portfolio Optimizer

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Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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