XPF.TO vs. VCR

Last updated Apr 1, 2026

Compare and contrast key facts about iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) (XPF.TO) and Vanguard Consumer Discretionary ETF (VCR).

XPF.TO and VCR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XPF.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Preferred Share TR. It was launched on Nov 16, 2010. VCR is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Consumer Discretionary 25/50 Index. It was launched on Jan 26, 2004. Both XPF.TO and VCR 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

XPF.TO vs. VCR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) (XPF.TO) and Vanguard Consumer Discretionary ETF (VCR). The values are adjusted to include any dividend payments, if applicable.

XPF.TO vs. VCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XPF.TO iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)	-1.88%	9.33%	14.80%	7.19%	-19.48%	11.51%	5.34%	8.88%	-7.32%	10.03%
VCR Vanguard Consumer Discretionary ETF	-7.44%	0.92%	34.95%	37.28%	-30.53%	23.73%	45.85%	21.18%	5.98%	14.99%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XPF.TO achieves a -1.88% return, which is significantly higher than VCR's -10.29% return. Over the past 10 years, XPF.TO has underperformed VCR with an annualized return of 3.97%, while VCR has yielded a comparatively higher 12.87% annualized return.

XPF.TO

• 1D: 0.07%
• 1M: -2.59%
• YTD: -1.88%
• 6M: -0.29%
• 1Y: 6.86%
• 3Y*: 8.44%
• 5Y*: 2.51%
• 10Y*: 3.97%

VCR

• 1D: 0.00%
• 1M: -7.47%
• YTD: -10.29%
• 6M: -11.90%
• 1Y: 4.13%
• 3Y*: 13.27%
• 5Y*: 6.23%
• 10Y*: 12.87%

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

XPF.TO vs. VCR - Expense Ratio Comparison

XPF.TO has a 0.50% expense ratio, which is higher than VCR's 0.10% expense ratio.

XPF.TO

iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)

VCR

Vanguard Consumer Discretionary ETF

Return for Risk

XPF.TO vs. VCR — Risk / Return Rank

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

XPF.TO

XPF.TO Risk / Return Rank: 49
XPF.TO Sharpe Ratio Rank: 55
XPF.TO Sortino Ratio Rank: 48
XPF.TO Omega Ratio Rank: 51
XPF.TO Calmar Ratio Rank: 43
XPF.TO Martin Ratio Rank: 45

VCR

VCR Risk / Return Rank: 30
VCR Sharpe Ratio Rank: 28
VCR Sortino Ratio Rank: 31
VCR Omega Ratio Rank: 28
VCR Calmar Ratio Rank: 31
VCR Martin Ratio Rank: 30

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.

XPF.TO vs. VCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) (XPF.TO) and Vanguard Consumer Discretionary ETF (VCR). 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.

	XPF.TO	VCR	Difference
Sharpe ratio Return per unit of total volatility	0.99	0.17	+0.81
Sortino ratio Return per unit of downside risk	1.30	0.42	+0.88
Omega ratio Gain probability vs. loss probability	1.19	1.06	+0.14
Calmar ratio Return relative to maximum drawdown	1.12	0.29	+0.84
Martin ratio Return relative to average drawdown	4.29	0.81	+3.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XPF.TO vs. VCR - Sharpe Ratio Comparison

The current XPF.TO Sharpe Ratio is 0.99, which is higher than the VCR Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of XPF.TO and VCR, 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

	XPF.TO	VCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	0.17	+0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.28	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.63	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.91	-0.63

Correlation

The correlation between XPF.TO and VCR is 0.29, 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.

Dividends

XPF.TO vs. VCR - Dividend Comparison

XPF.TO's dividend yield for the trailing twelve months is around 5.28%, more than VCR's 0.80% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XPF.TO iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)	5.28%	5.08%	5.21%	5.74%	5.46%	4.30%	4.95%	5.12%	4.94%	4.59%	5.14%	5.11%
VCR Vanguard Consumer Discretionary ETF	0.80%	0.74%	0.74%	0.84%	0.98%	0.79%	1.71%	1.17%	1.37%	1.21%	1.60%	1.32%

Drawdowns

XPF.TO vs. VCR - Drawdown Comparison

The maximum XPF.TO drawdown since its inception was -43.52%, which is greater than VCR's maximum drawdown of -35.64%. Use the drawdown chart below to compare losses from any high point for XPF.TO and VCR.

Drawdown Indicators

	XPF.TO	VCR	Difference
Max Drawdown Largest peak-to-trough decline	-43.52%	-61.54%	+18.02%
Max Drawdown (1Y) Largest decline over 1 year	-5.49%	-15.59%	+10.10%
Max Drawdown (5Y) Largest decline over 5 years	-24.67%	-39.20%	+14.53%
Max Drawdown (10Y) Largest decline over 10 years	-43.52%	-39.20%	-4.32%
Current Drawdown Current decline from peak	-3.59%	-12.83%	+9.24%
Average Drawdown Average peak-to-trough decline	-4.82%	-9.43%	+4.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	4.72%	-3.28%

Volatility

XPF.TO vs. VCR - Volatility Comparison

The current volatility for iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) (XPF.TO) is 1.97%, while Vanguard Consumer Discretionary ETF (VCR) has a volatility of 6.43%. This indicates that XPF.TO experiences smaller price fluctuations and is considered to be less risky than VCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XPF.TO	VCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.97%	6.43%	-4.46%
Volatility (6M) Calculated over the trailing 6-month period	4.16%	13.67%	-9.51%
Volatility (1Y) Calculated over the trailing 1-year period	6.64%	23.94%	-17.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.50%	22.11%	-13.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.43%	20.61%	-6.18%