FundGrade A+ Awards FundGrade A+ Awards
The FundGrade A+® Award is given annually to investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance throughout the year. The FundGrade A+® award rating system identifies funds that have been consistent FundGrade A-Grade performers over the past year. It’s the only objective rating system based on risk-adjusted returns available in the market. Achieving a FundGrade A+® Rating denotes inclusion in an exclusive group, because only about 6% of eligible investment fund products available in Canada have received a FundGrade A+® rating.
For 2023, nine of our ETFs won FundGrade A+ Awards!
Vanguard Canadian Short-Term Corporate Bond Index ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian credit bond index with a short-term dollar-weighted average maturity. Currently, this Vanguard ETF seeks to track the Bloomberg Global Aggregate Canadian 1-5 Year Corporate Float Adjusted Index (or any successor thereto). It invests primarily in public, investment-grade non-government fixed income securities issued in Canada.
Vanguard FTSE Canada Index ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian equity index that measures the investment return of publicly traded securities in the Canadian market. Currently, this Vanguard ETF seeks to track the FTSE Canada Domestic Index (or any successor thereto). It invests primarily in the largest Canadian stocks.
Vanguard FTSE Canadian High Dividend Yield Index ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian equity index that measures the investment return of common stocks of Canadian companies that are characterized by high dividend yield. Currently, this Vanguard ETF seeks to track the FTSE Canada High Dividend Yield Index (or any successor thereto). It invests primarily in common stocks of Canadian companies that pay dividends.
Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad global equity index that focuses on providing coverage of developed markets, excluding the U.S. and Canada, which Index is hedged to the Canadian dollar. Currently, this Vanguard ETF seeks to track the FTSE Developed All Cap ex North America Hedged to CAD Index (or any successor thereto). It invests directly or indirectly primarily in large-, mid and small-capitalization stocks of companies located in developed markets, excluding the U.S. and Canada, and uses derivative instruments to seek to hedge the foreign currency exposure of the securities included in the FTSE Developed All Cap ex North America Index to the Canadian dollar.
Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad global equity index that focuses on providing coverage of developed markets, excluding the U.S., which index is hedged to the Canadian dollar. Currently, this Vanguard ETF seeks to track the FTSE Developed All Cap ex US Hedged to CAD Index (or any successor thereto). It invests directly or indirectly primarily in large-, mid-, and small-capitalization stocks of companies located in developed markets, excluding the U.S., and uses derivative instruments to seek to hedge the foreign currency exposure of the securities included in the FTSE Developed All Cap ex US Index to the Canadian dollar.
Vanguard Growth ETF Portfolio seeks to provide long-term capital growth by investing in equity and fixed income securities.
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad international equity index that measures the investment return of common stocks of companies that are characterized by high dividend yield, with a focus on companies located in developed markets excluding Canada and the U.S. Currently, this Vanguard ETF seeks to track the FTSE Developed ex North America High Dividend Yield Index (or any successor thereto). It invests primarily in common stocks of international companies that are characterized by high dividend yield.
Vanguard U.S. Dividend Appreciation Index ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a U.S. equity index that measures the investment return of common stocks of U.S. companies that have a record of increasing dividends over time. Currently, this Vanguard ETF seeks to track the S&P U.S. Dividend Growers Index (or any successor thereto). It invests directly or indirectly primarily in stocks of U.S. companies.
Vanguard S&P 500 Index ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad U.S. equity index that measures the investment return of large-capitalization U.S. stocks. Currently, this Vanguard ETF seeks to track the S&P 500 Index (or any successor thereto). It invests directly or indirectly primarily in stocks of U.S. companies.
Our mission
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Vanguard asset allocation ETFs are designed to simplify investing while managing risk through balance and global diversification.
Our index ETFs are designed to work as part of a core indexing strategy that targets major asset classes. Potential advantages of indexing include: low costs, diversification, simplicity, tax efficiency, and competitive performance.
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.
The FundGrade A+® rating is used with permission from Fundata Canada Inc., all rights reserved. Fundata is a leading provider of market and investment funds data to the Canadian financial services industry and business media. The Fund-Grade A+® rating identifies funds that have consistently demonstrated the best risk-adjusted returns throughout an entire calendar year. For more information on the rating system, please visit www.Fundata.com/ProductsServices/FundGrade.asp
Fund Name |
CIFSC Category |
Fund Count |
FundGrade Start Date |
FundGrade Calc date |
Vanguard Canadian Short-Term Corporate Bond Index (VSC) |
Canadian Short Term Fixed Income |
161 |
2014-01-31 |
2023-12-31 |
Vanguard FTSE Canada Index ETF (VCE) |
Canadian Equity |
360 |
2014-01-31 |
2023-12-31 |
Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) |
Canadian Dividend & Income Equity |
258 |
2014-01-31 |
2023-12-31 |
Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) (VI) |
International Equity
|
370 |
2016-01-31 |
2023-12-31 |
Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) (VEF) |
International Equity
|
370 |
2014-01-31 |
2023-12-31 |
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY) |
International Equity
|
370 |
2019-01-31 |
2023-12-31 |
Vanguard Growth ETF Portfolio (VGRO) |
Global Equity Balanced |
704 |
2019-01-31 |
2023-12-31 |
Vanguard S&P 500 Index ETF (VFV) |
U.S. Equity |
794 |
2014-01-31 |
2023-12-31 |
Vanguard U.S. Dividend Appreciation Index ETF (VGG) |
U.S. Equity
|
794 |
2014-01-31 |
2023-12-31 |
Commissions, management fees, and expenses all may be associated with investment funds. Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers.
This material is for informational purposes only. This material is not intended to be relied upon as research, investment, or tax advice and is not an implied or express recommendation, offer or solicitation to buy or sell any security or to adopt any particular investment or portfolio strategy. Any views and opinions expressed do not take into account the particular investment objectives, needs, restrictions and circumstances of a specific investor and, thus, should not be used as the basis of any specific investment recommendation. Investors should consult a financial and/or tax advisor for financial and/or tax information applicable to their specific situation.
All investment funds, including those that seek to track an index are subject to risk, including the possible loss of principal. Diversification does not ensure a profit or protect against a loss in a declining market. While the Vanguard ETFs are designed to be as diversified as the original indices they seek to track and can provide greater diversification than an individual investor may achieve independently, any given ETF may not be a diversified investment.
All monetary figures are expressed in Canadian dollars unless otherwise noted.