ZDV.TO vs. VCN.TO
Compare and contrast key facts about BMO Canadian Dividend ETF (ZDV.TO) and Vanguard FTSE Canada All Cap Index ETF (VCN.TO).
ZDV.TO and VCN.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZDV.TO is an actively managed fund by BMO. It was launched on Oct 21, 2011. VCN.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada All Cap Domestic Index. It was launched on Aug 2, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZDV.TO or VCN.TO.
Correlation
The correlation between ZDV.TO and VCN.TO is 0.88, 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
ZDV.TO vs. VCN.TO - Performance Comparison
Key characteristics
ZDV.TO:
2.41
VCN.TO:
2.54
ZDV.TO:
3.38
VCN.TO:
3.47
ZDV.TO:
1.44
VCN.TO:
1.46
ZDV.TO:
3.83
VCN.TO:
4.75
ZDV.TO:
10.65
VCN.TO:
15.24
ZDV.TO:
1.86%
VCN.TO:
1.64%
ZDV.TO:
8.20%
VCN.TO:
9.82%
ZDV.TO:
-43.20%
VCN.TO:
-37.32%
ZDV.TO:
-0.95%
VCN.TO:
-0.49%
Returns By Period
In the year-to-date period, ZDV.TO achieves a 3.00% return, which is significantly lower than VCN.TO's 4.26% return. Over the past 10 years, ZDV.TO has underperformed VCN.TO with an annualized return of 7.21%, while VCN.TO has yielded a comparatively higher 8.59% annualized return.
ZDV.TO
3.00%
0.80%
9.22%
19.48%
8.82%
7.21%
VCN.TO
4.26%
2.20%
13.22%
25.24%
11.21%
8.59%
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ZDV.TO vs. VCN.TO - Expense Ratio Comparison
ZDV.TO has a 0.39% expense ratio, which is higher than VCN.TO's 0.05% expense ratio.
Risk-Adjusted Performance
ZDV.TO vs. VCN.TO — Risk-Adjusted Performance Rank
ZDV.TO
VCN.TO
ZDV.TO vs. VCN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Canadian Dividend ETF (ZDV.TO) and Vanguard FTSE Canada All Cap Index ETF (VCN.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
ZDV.TO vs. VCN.TO - Dividend Comparison
ZDV.TO's dividend yield for the trailing twelve months is around 3.72%, more than VCN.TO's 2.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZDV.TO BMO Canadian Dividend ETF | 3.72% | 3.82% | 4.39% | 4.38% | 3.88% | 4.79% | 4.39% | 5.41% | 4.24% | 4.11% | 4.95% | 4.28% |
VCN.TO Vanguard FTSE Canada All Cap Index ETF | 2.60% | 2.71% | 3.00% | 3.17% | 2.49% | 2.72% | 2.87% | 2.82% | 2.30% | 2.36% | 2.66% | 1.86% |
Drawdowns
ZDV.TO vs. VCN.TO - Drawdown Comparison
The maximum ZDV.TO drawdown since its inception was -43.20%, which is greater than VCN.TO's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for ZDV.TO and VCN.TO. For additional features, visit the drawdowns tool.
Volatility
ZDV.TO vs. VCN.TO - Volatility Comparison
The current volatility for BMO Canadian Dividend ETF (ZDV.TO) is 2.22%, while Vanguard FTSE Canada All Cap Index ETF (VCN.TO) has a volatility of 3.04%. This indicates that ZDV.TO experiences smaller price fluctuations and is considered to be less risky than VCN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.