XGD.TO vs. VEQT.TO
Compare and contrast key facts about iShares S&P/TSX Global Gold Index ETF (XGD.TO) and Vanguard All-Equity ETF Portfolio (VEQT.TO).
XGD.TO and VEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XGD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Gold GR CAD. It was launched on Mar 23, 2001. VEQT.TO is an actively managed fund by Vanguard. It was launched on Jan 29, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XGD.TO or VEQT.TO.
Correlation
The correlation between XGD.TO and VEQT.TO is 0.35, 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
XGD.TO vs. VEQT.TO - Performance Comparison
Key characteristics
XGD.TO:
0.74
VEQT.TO:
2.86
XGD.TO:
1.15
VEQT.TO:
3.91
XGD.TO:
1.14
VEQT.TO:
1.55
XGD.TO:
0.50
VEQT.TO:
4.11
XGD.TO:
2.51
VEQT.TO:
21.36
XGD.TO:
8.12%
VEQT.TO:
1.25%
XGD.TO:
27.63%
VEQT.TO:
9.36%
XGD.TO:
-72.55%
VEQT.TO:
-30.45%
XGD.TO:
-18.01%
VEQT.TO:
-2.73%
Returns By Period
In the year-to-date period, XGD.TO achieves a 21.12% return, which is significantly lower than VEQT.TO's 25.10% return.
XGD.TO
21.12%
-6.01%
8.55%
18.65%
7.66%
10.22%
VEQT.TO
25.10%
0.50%
12.52%
25.75%
11.52%
N/A
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XGD.TO vs. VEQT.TO - Expense Ratio Comparison
XGD.TO has a 0.61% expense ratio, which is higher than VEQT.TO's 0.24% expense ratio.
Risk-Adjusted Performance
XGD.TO vs. VEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Global Gold Index ETF (XGD.TO) and Vanguard All-Equity ETF Portfolio (VEQT.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.
Dividends
XGD.TO vs. VEQT.TO - Dividend Comparison
XGD.TO's dividend yield for the trailing twelve months is around 0.93%, less than VEQT.TO's 1.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XGD.TO iShares S&P/TSX Global Gold Index ETF | 0.93% | 1.49% | 1.80% | 1.38% | 0.35% | 0.54% | 0.25% | 0.14% | 0.09% | 0.57% | 0.68% | 1.71% |
VEQT.TO Vanguard All-Equity ETF Portfolio | 1.50% | 1.88% | 2.09% | 1.40% | 1.48% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XGD.TO vs. VEQT.TO - Drawdown Comparison
The maximum XGD.TO drawdown since its inception was -72.55%, which is greater than VEQT.TO's maximum drawdown of -30.45%. Use the drawdown chart below to compare losses from any high point for XGD.TO and VEQT.TO. For additional features, visit the drawdowns tool.
Volatility
XGD.TO vs. VEQT.TO - Volatility Comparison
iShares S&P/TSX Global Gold Index ETF (XGD.TO) has a higher volatility of 9.03% compared to Vanguard All-Equity ETF Portfolio (VEQT.TO) at 3.72%. This indicates that XGD.TO's price experiences larger fluctuations and is considered to be riskier than VEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.