VDY 📈 Vanguard FTSE Canadian High - Overview
Exchange: TO • Opening Hours • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA92203Q1046 • Canadian Dividend and Income Equity
VDY: Banks, Energy, Telecoms, Utilities, Real Estate, Materials
Vanguard FTSE Canadian High Dividend Yield Index ETF is designed to replicate the performance of a broad Canadian equity index, focusing on common stocks of Canadian companies that offer high dividend yields.
This ETF aims to track the FTSE Canada High Dividend Yield Index, which means it invests primarily in Canadian companies that distribute a significant portion of their earnings back to shareholders in the form of dividends.
By doing so, the ETF provides investors with a diversified portfolio of high-dividend-paying Canadian stocks, offering a potential source of regular income and the opportunity for long-term capital growth.
As a Canadian-domiciled ETF, it is well-suited for investors seeking to invest in the Canadian market and benefit from the country's economic growth.
For more information about Vanguard FTSE Canadian High Dividend Yield Index ETF, you can visit the Vanguard Canada website at http://www.vanguardcanada.ca.
The ETF's performance is measured against the Morningstar Canada GR CAD index, providing a benchmark for its investment returns.
Additional Sources for VDY ETF
VDY ETF Overview
| Market Cap in USD | 2,285m |
| Category | Canadian Dividend and Income Equity |
| TER | 0.00% |
| IPO / Inception | 2012-11-02 |
VDY ETF Ratings
| Growth 5y | 78.7 |
| Fundamental | - |
| Dividend | 67.3 |
| Rel. Performance vs Sector | 1.31 |
| Analysts | - |
| Fair Price Momentum | 54.16 CAD |
| Fair Price DCF | - |
VDY Dividends
| Dividend Yield 12m | 4.25% |
| Yield on Cost 5y | 7.57% |
| Dividends CAGR 5y | 5.91% |
| Payout Consistency | 91.67% |
VDY Growth Ratios
| Growth Correlation 3m | 95.4% |
| Growth Correlation 12m | 95.7% |
| Growth Correlation 5y | 88.7% |
| CAGR 5y | 12.22% |
| CAGR/Mean DD 5y | 1.94 |
| Sharpe Ratio 12m | 2.39 |
| Alpha vs SP500 12m | 8.13 |
| Beta vs SP500 5y weekly | 0.61 |
| Volatility GJR Garch 1y | 8.83% |
| Current Volume | 111k |
| Average Volume 20d | 150.2k |
As of November 21, 2024, the stock is trading at CAD 50.30 with a total of 110,993 shares traded.
Over the past week, the price has changed by +0.26%, over one month by +0.95%, over three months by +9.76% and over the past year by +28.19%.
Yes. Based on ValueRay Analyses, Vanguard FTSE Canadian High (TO:VDY) is currently (November 2024) a good stock to buy. It has a ValueRay Growth Rating of 78.70 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of VDY as of November 2024 is 54.16. This means that VDY is currently overvalued and has a potential downside of 7.67%.
Vanguard FTSE Canadian High has no consensus analysts rating.
According to ValueRays Forecast Model, VDY Vanguard FTSE Canadian High will be worth about 59.5 in November 2025. The stock is currently trading at 50.30. This means that the stock has a potential upside of +18.27%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 59.5 | 18.3% |