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XBB.TO vs. VADGX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XBB.TO vs. VADGX

Last updated Jun 4, 2026

XBB.TO (iShares Core Canadian Universe Bond Index ETF) and VADGX (Vanguard Advice Select Dividend Growth Fund) are both funds - XBB.TO is a Canadian Government Bonds fund tracking the Morningstar Can Core Bd GR CAD, while VADGX is a Large Cap Blend Equities fund managed by Vanguard. Over the past 3 years, XBB.TO returned 4.17%/yr vs 10.69%/yr for VADGX. At a 0.17 correlation, their price movements are largely independent. XBB.TO charges 0.10%/yr vs 0.45%/yr for VADGX.

Performance

XBB.TO vs. VADGX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core Canadian Universe Bond Index ETF (XBB.TO) and Vanguard Advice Select Dividend Growth Fund (VADGX). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, XBB.TO achieves a 1.51% return, which is significantly lower than VADGX's 2.15% return.

XBB.TO

1D
-0.18%
1M
1.59%
YTD
1.51%
6M
0.69%
1Y
3.09%
3Y*
4.17%
5Y*
0.71%
10Y*
1.63%

VADGX

1D
0.41%
1M
5.40%
YTD
2.15%
6M
0.52%
1Y
7.88%
3Y*
10.69%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XBB.TO vs. VADGX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
XBB.TO
iShares Core Canadian Universe Bond Index ETF		1.51%2.59%4.00%6.64%-11.66%1.77%
VADGX
Vanguard Advice Select Dividend Growth Fund		2.15%3.55%20.20%7.98%2.97%5.33%

Correlation

The correlation between XBB.TO and VADGX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.36

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

0.21

Correlation (All Time)
Calculated using the full available price history since Nov 10, 2021

0.17

The correlation between XBB.TO and VADGX shifts across timeframes, from 0.17 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

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iShares Core Canadian Universe Bond Index ETF

Vanguard Advice Select Dividend Growth Fund

Often compared with XBB.TO:
XBB.TO vs. VAB.TOXBB.TO vs. ZAG.TOXBB.TO vs. XCB.TOXBB.TO vs. XSB.TOXBB.TO vs. XLB.TOXBB.TO vs. XGB.TOXBB.TO vs. XSH.TO
Often compared with VADGX:
VADGX vs. JEPIVADGX vs. VAGVXVADGX vs. VDIGXVADGX vs. VGIAXVADGX vs. FAGCXVADGX vs. EGFIXVADGX vs. SPXS

Return for Risk

XBB.TO vs. VADGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XBB.TO
XBB.TO Risk / Return Rank: 2121
Overall Rank
XBB.TO Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
XBB.TO Sortino Ratio Rank: 1818
Sortino Ratio Rank
XBB.TO Omega Ratio Rank: 1919
Omega Ratio Rank
XBB.TO Calmar Ratio Rank: 2424
Calmar Ratio Rank
XBB.TO Martin Ratio Rank: 2121
Martin Ratio Rank
VADGX
VADGX Risk / Return Rank: 88
Overall Rank
VADGX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
VADGX Sortino Ratio Rank: 99
Sortino Ratio Rank
VADGX Omega Ratio Rank: 88
Omega Ratio Rank
VADGX Calmar Ratio Rank: 77
Calmar Ratio Rank
VADGX Martin Ratio Rank: 88
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.

XBB.TO vs. VADGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Canadian Universe Bond Index ETF (XBB.TO) and Vanguard Advice Select Dividend Growth Fund (VADGX). 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.

XBB.TOVADGXDifference
Sharpe ratioReturn per unit of total volatility
0.71
0.81

-0.10

Sortino ratioReturn per unit of downside risk
0.98
1.22

-0.23

Omega ratioGain probability vs. loss probability

1.12

1.15

-0.02

Calmar ratioReturn relative to maximum drawdown

1.14

0.75

+0.39

Martin ratioReturn relative to average drawdown

2.65

2.24

+0.41

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XBB.TO vs. VADGX - Sharpe Ratio Comparison

The current XBB.TO Sharpe Ratio is 0.71, which is comparable to the VADGX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of XBB.TO and VADGX, 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

XBB.TOVADGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.71

0.81

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.24

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.76

-0.04

Drawdowns

XBB.TO vs. VADGX - Drawdown Comparison

The maximum XBB.TO drawdown since its inception was -18.16%, which is greater than VADGX's maximum drawdown of -14.06%. Use the drawdown chart below to compare losses from any high point for XBB.TO and VADGX.

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Drawdown Indicators

XBB.TOVADGXDifference

Max Drawdown

Largest peak-to-trough decline

-18.16%

-14.06%

-4.10%

Max Drawdown (1Y)

Largest decline over 1 year

-2.73%

-11.19%

+8.46%

Max Drawdown (3Y)

Largest decline over 3 years

-5.42%

-14.06%

+8.64%

Max Drawdown (5Y)

Largest decline over 5 years

-15.90%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-18.16%

—

—

Current Drawdown

Current decline from peak

-1.39%

-1.41%

+0.02%

Average Drawdown

Average peak-to-trough decline

-2.76%

-3.04%

+0.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.17%

3.72%

-2.55%

Volatility

XBB.TO vs. VADGX - Volatility Comparison

The current volatility for iShares Core Canadian Universe Bond Index ETF (XBB.TO) is 1.54%, while Vanguard Advice Select Dividend Growth Fund (VADGX) has a volatility of 2.28%. This indicates that XBB.TO experiences smaller price fluctuations and is considered to be less risky than VADGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XBB.TOVADGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.54%

2.28%

-0.74%

Volatility (6M)

Calculated over the trailing 6-month period

3.40%

8.10%

-4.70%

Volatility (1Y)

Calculated over the trailing 1-year period

4.38%

10.37%

-5.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.63%

12.11%

-5.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.69%

12.11%

-5.42%

XBB.TO vs. VADGX - Expense Ratio Comparison

XBB.TO has a 0.10% expense ratio, which is lower than VADGX's 0.45% expense ratio.

Dividends

XBB.TO vs. VADGX - Dividend Comparison

XBB.TO's dividend yield for the trailing twelve months is around 3.41%, more than VADGX's 1.02% yield.

PositionTTM20252024202320222021202020192018201720162015
VADGX
Vanguard Advice Select Dividend Growth Fund		1.02%1.04%1.98%1.25%0.84%0.16%0.00%0.00%0.00%0.00%0.00%0.00%
XBB.TO
iShares Core Canadian Universe Bond Index ETF		3.41%3.39%3.25%3.01%2.91%2.54%2.55%2.80%2.92%2.83%2.81%2.87%

Frequently Asked Questions

XBB.TO and VADGX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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