XFR.TO vs. VUSB
Compare and contrast key facts about iShares Floating Rate Index ETF (XFR.TO) and Vanguard Ultra-Short Bond ETF (VUSB).
XFR.TO and VUSB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XFR.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can 1-5Y Core Bd GR CAD. It was launched on Dec 6, 2011. VUSB is a passively managed fund by Vanguard that tracks the performance of the Bloomberg US Treasury Bellwethers 1-Year. It was launched on Apr 5, 2021. Both XFR.TO and VUSB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XFR.TO or VUSB.
Key characteristics
| XFR.TO | VUSB | |
|---|---|---|
| YTD Return | 3.42% | 4.47% |
| 1Y Return | 4.86% | 6.91% |
| 3Y Return (Ann) | 3.54% | 3.08% |
| Sharpe Ratio | 5.35 | 7.10 |
| Daily Std Dev | 0.91% | 0.97% |
| Max Drawdown | -4.12% | -1.81% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between XFR.TO and VUSB is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XFR.TO vs. VUSB - Performance Comparison
In the year-to-date period, XFR.TO achieves a 3.42% return, which is significantly lower than VUSB's 4.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XFR.TO vs. VUSB - Expense Ratio Comparison
XFR.TO has a 0.14% expense ratio, which is higher than VUSB's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XFR.TO vs. VUSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Index ETF (XFR.TO) and Vanguard Ultra-Short Bond ETF (VUSB). 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.
Dividends
XFR.TO vs. VUSB - Dividend Comparison
XFR.TO's dividend yield for the trailing twelve months is around 5.15%, which matches VUSB's 5.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XFR.TO iShares Floating Rate Index ETF | 5.15% | 4.91% | 1.85% | 0.30% | 1.07% | 1.96% | 1.60% | 0.95% | 0.77% | 0.94% | 1.22% | 1.27% |
VUSB Vanguard Ultra-Short Bond ETF | 5.10% | 4.45% | 1.53% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XFR.TO vs. VUSB - Drawdown Comparison
The maximum XFR.TO drawdown since its inception was -4.12%, which is greater than VUSB's maximum drawdown of -1.81%. Use the drawdown chart below to compare losses from any high point for XFR.TO and VUSB. For additional features, visit the drawdowns tool.
Volatility
XFR.TO vs. VUSB - Volatility Comparison
iShares Floating Rate Index ETF (XFR.TO) has a higher volatility of 1.38% compared to Vanguard Ultra-Short Bond ETF (VUSB) at 0.19%. This indicates that XFR.TO's price experiences larger fluctuations and is considered to be riskier than VUSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.