WSHR.NEO vs. VT

Last updated Apr 1, 2026

Compare and contrast key facts about Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) and Vanguard Total World Stock ETF (VT).

WSHR.NEO and VT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WSHR.NEO is a passively managed fund by Mackenzie that tracks the performance of the Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index. It was launched on May 12, 2021. VT is a passively managed fund by Vanguard that tracks the performance of the FTSE Global All Cap Index. It was launched on Jun 24, 2008. Both WSHR.NEO and VT 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

WSHR.NEO vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

WSHR.NEO vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WSHR.NEO Wealthsimple Shariah World Equity Index ETF	1.59%	5.34%	12.31%	11.88%	-10.32%	16.05%
VT Vanguard Total World Stock ETF	-0.38%	16.82%	26.50%	19.33%	-12.16%	15.21%

Different Trading Currencies

WSHR.NEO is traded in CAD, while VT is traded in USD. To make them comparable, the VT values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, WSHR.NEO achieves a 1.59% return, which is significantly higher than VT's -0.38% return.

WSHR.NEO

• 1D: 1.98%
• 1M: -5.02%
• YTD: 1.59%
• 6M: 1.19%
• 1Y: 2.71%
• 3Y*: 8.12%
• 5Y*: —
• 10Y*: —

VT

• 1D: 2.96%
• 1M: -4.37%
• YTD: -0.38%
• 6M: 1.33%
• 1Y: 17.48%
• 3Y*: 17.98%
• 5Y*: 11.49%
• 10Y*: 12.28%

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

WSHR.NEO vs. VT - Expense Ratio Comparison

WSHR.NEO has a 0.56% expense ratio, which is higher than VT's 0.06% expense ratio.

WSHR.NEO

Wealthsimple Shariah World Equity Index ETF

VT

Vanguard Total World Stock ETF

Return for Risk

WSHR.NEO vs. VT — Risk / Return Rank

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

WSHR.NEO

WSHR.NEO Risk / Return Rank: 18
WSHR.NEO Sharpe Ratio Rank: 17
WSHR.NEO Sortino Ratio Rank: 16
WSHR.NEO Omega Ratio Rank: 16
WSHR.NEO Calmar Ratio Rank: 20
WSHR.NEO Martin Ratio Rank: 21

VT

VT Risk / Return Rank: 77
VT Sharpe Ratio Rank: 74
VT Sortino Ratio Rank: 76
VT Omega Ratio Rank: 77
VT Calmar Ratio Rank: 75
VT Martin Ratio Rank: 82

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.

WSHR.NEO vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) and Vanguard Total World Stock ETF (VT). 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.

	WSHR.NEO	VT	Difference
Sharpe ratio Return per unit of total volatility	0.19	1.06	-0.86
Sortino ratio Return per unit of downside risk	0.36	1.52	-1.16
Omega ratio Gain probability vs. loss probability	1.05	1.24	-0.19
Calmar ratio Return relative to maximum drawdown	0.36	1.55	-1.19
Martin ratio Return relative to average drawdown	1.19	6.57	-5.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WSHR.NEO vs. VT - Sharpe Ratio Comparison

The current WSHR.NEO Sharpe Ratio is 0.19, which is lower than the VT Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of WSHR.NEO and VT, 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

	WSHR.NEO	VT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	1.06	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.86	-0.22

Correlation

The correlation between WSHR.NEO and VT is 0.68, 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

WSHR.NEO vs. VT - Dividend Comparison

WSHR.NEO's dividend yield for the trailing twelve months is around 1.37%, less than VT's 1.82% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WSHR.NEO Wealthsimple Shariah World Equity Index ETF	1.37%	1.34%	1.31%	1.34%	2.58%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VT Vanguard Total World Stock ETF	1.82%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Drawdowns

WSHR.NEO vs. VT - Drawdown Comparison

The maximum WSHR.NEO drawdown since its inception was -20.86%, smaller than the maximum VT drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for WSHR.NEO and VT.

Drawdown Indicators

	WSHR.NEO	VT	Difference
Max Drawdown Largest peak-to-trough decline	-20.86%	-50.27%	+29.41%
Max Drawdown (1Y) Largest decline over 1 year	-9.72%	-11.84%	+2.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.24%	—
Current Drawdown Current decline from peak	-5.02%	-6.89%	+1.87%
Average Drawdown Average peak-to-trough decline	-4.87%	-7.08%	+2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.55%	+0.38%

Volatility

WSHR.NEO vs. VT - Volatility Comparison

The current volatility for Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) is 5.33%, while Vanguard Total World Stock ETF (VT) has a volatility of 6.21%. This indicates that WSHR.NEO experiences smaller price fluctuations and is considered to be less risky than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WSHR.NEO	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	6.21%	-0.88%
Volatility (6M) Calculated over the trailing 6-month period	8.96%	9.77%	-0.81%
Volatility (1Y) Calculated over the trailing 1-year period	14.19%	16.65%	-2.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.18%	13.49%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.18%	14.91%	-3.73%