XSP.TO vs. VFVA
Compare and contrast key facts about iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO) and Vanguard U.S. Value Factor ETF (VFVA).
XSP.TO and VFVA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSP.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 24, 2001. VFVA is managed by Vanguard. It was launched on Feb 13, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XSP.TO or VFVA.
Key characteristics
| XSP.TO | VFVA | |
|---|---|---|
| YTD Return | 18.44% | 6.37% |
| 1Y Return | 26.53% | 18.32% |
| 3Y Return (Ann) | 8.57% | 8.92% |
| 5Y Return (Ann) | 13.60% | 12.60% |
| Sharpe Ratio | 2.13 | 1.02 |
| Daily Std Dev | 12.48% | 16.92% |
| Max Drawdown | -57.82% | -48.58% |
| Current Drawdown | -0.54% | -3.49% |
Correlation
The correlation between XSP.TO and VFVA is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XSP.TO vs. VFVA - Performance Comparison
In the year-to-date period, XSP.TO achieves a 18.44% return, which is significantly higher than VFVA's 6.37% 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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XSP.TO vs. VFVA - Expense Ratio Comparison
XSP.TO has a 0.09% expense ratio, which is lower than VFVA's 0.13% expense ratio. Despite the difference, 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
XSP.TO vs. VFVA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO) and Vanguard U.S. Value Factor ETF (VFVA). 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
XSP.TO vs. VFVA - Dividend Comparison
XSP.TO's dividend yield for the trailing twelve months is around 1.05%, less than VFVA's 2.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSP.TO iShares Core S&P 500 Index ETF (CAD-Hedged) | 1.05% | 1.18% | 1.37% | 1.00% | 1.31% | 1.73% | 1.84% | 1.47% | 1.75% | 1.86% | 1.54% | 1.46% |
VFVA Vanguard U.S. Value Factor ETF | 2.32% | 2.45% | 2.21% | 1.68% | 2.04% | 2.08% | 1.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XSP.TO vs. VFVA - Drawdown Comparison
The maximum XSP.TO drawdown since its inception was -57.82%, which is greater than VFVA's maximum drawdown of -48.58%. Use the drawdown chart below to compare losses from any high point for XSP.TO and VFVA. For additional features, visit the drawdowns tool.
Volatility
XSP.TO vs. VFVA - Volatility Comparison
iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO) and Vanguard U.S. Value Factor ETF (VFVA) have volatilities of 5.01% and 4.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.