ZDIVX vs. VDY.TO
Compare and contrast key facts about Zacks Dividend Fund (ZDIVX) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO).
ZDIVX is managed by Zacks. It was launched on Jan 31, 2014. VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZDIVX or VDY.TO.
Key characteristics
| ZDIVX | VDY.TO | |
|---|---|---|
| YTD Return | 21.35% | 21.48% |
| 1Y Return | 28.21% | 31.43% |
| 3Y Return (Ann) | 4.49% | 10.06% |
| 5Y Return (Ann) | 6.93% | 12.13% |
| 10Y Return (Ann) | 6.87% | 8.94% |
| Sharpe Ratio | 2.49 | 3.49 |
| Sortino Ratio | 3.30 | 4.85 |
| Omega Ratio | 1.47 | 1.65 |
| Calmar Ratio | 2.02 | 3.11 |
| Martin Ratio | 14.84 | 18.82 |
| Ulcer Index | 1.83% | 1.72% |
| Daily Std Dev | 10.95% | 9.29% |
| Max Drawdown | -35.27% | -39.21% |
| Current Drawdown | -0.11% | -0.10% |
Correlation
The correlation between ZDIVX and VDY.TO is 0.71, 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
ZDIVX vs. VDY.TO - Performance Comparison
The year-to-date returns for both investments are quite close, with ZDIVX having a 21.35% return and VDY.TO slightly higher at 21.48%. Over the past 10 years, ZDIVX has underperformed VDY.TO with an annualized return of 6.87%, while VDY.TO has yielded a comparatively higher 8.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ZDIVX vs. VDY.TO - Expense Ratio Comparison
ZDIVX has a 1.30% expense ratio, which is higher than VDY.TO's 0.22% expense ratio.
Risk-Adjusted Performance
ZDIVX vs. VDY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zacks Dividend Fund (ZDIVX) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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
ZDIVX vs. VDY.TO - Dividend Comparison
ZDIVX's dividend yield for the trailing twelve months is around 1.46%, less than VDY.TO's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZDIVX Zacks Dividend Fund | 1.46% | 2.08% | 1.70% | 1.21% | 2.19% | 1.65% | 1.86% | 1.31% | 1.60% | 1.84% | 0.91% | 0.00% |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.31% | 4.64% | 4.42% | 3.58% | 4.59% | 4.25% | 4.43% | 3.82% | 3.25% | 4.11% | 3.25% | 2.50% |
Drawdowns
ZDIVX vs. VDY.TO - Drawdown Comparison
The maximum ZDIVX drawdown since its inception was -35.27%, smaller than the maximum VDY.TO drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for ZDIVX and VDY.TO. For additional features, visit the drawdowns tool.
Volatility
ZDIVX vs. VDY.TO - Volatility Comparison
Zacks Dividend Fund (ZDIVX) has a higher volatility of 3.66% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 2.61%. This indicates that ZDIVX's price experiences larger fluctuations and is considered to be riskier than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.