CSBG.NEO vs. VCIP.TO

Last updated Apr 2, 2026

Compare and contrast key facts about CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and Vanguard Conservative Income ETF Portfolio (VCIP.TO).

CSBG.NEO and VCIP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSBG.NEO is an actively managed fund by CIBC. It was launched on Jun 18, 2021. VCIP.TO is an actively managed fund by Vanguard. It was launched on Jan 29, 2019.

Performance

CSBG.NEO vs. VCIP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and Vanguard Conservative Income ETF Portfolio (VCIP.TO). The values are adjusted to include any dividend payments, if applicable.

CSBG.NEO vs. VCIP.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF	0.00%	0.00%	1.17%	1.22%	1.69%	2.60%
VCIP.TO Vanguard Conservative Income ETF Portfolio	0.07%	5.91%	6.91%	8.32%	-12.18%	0.63%

Returns By Period

CSBG.NEO

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: 0.80%
• 5Y*: —
• 10Y*: —

VCIP.TO

• 1D: 0.00%
• 1M: -2.14%
• YTD: 0.07%
• 6M: 0.39%
• 1Y: 4.65%
• 3Y*: 5.74%
• 5Y*: 2.22%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSBG.NEO vs. VCIP.TO - Expense Ratio Comparison

CSBG.NEO has a 0.90% expense ratio, which is higher than VCIP.TO's 0.25% expense ratio.

CSBG.NEO

CIBC Sustainable Balanced Growth Solution ETF

VCIP.TO

Vanguard Conservative Income ETF Portfolio

Return for Risk

CSBG.NEO vs. VCIP.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VCIP.TO

VCIP.TO Risk / Return Rank: 46
VCIP.TO Sharpe Ratio Rank: 49
VCIP.TO Sortino Ratio Rank: 42
VCIP.TO Omega Ratio Rank: 44
VCIP.TO Calmar Ratio Rank: 48
VCIP.TO Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSBG.NEO vs. VCIP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) and Vanguard Conservative Income ETF Portfolio (VCIP.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CSBG.NEO	VCIP.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.93	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.55	+0.55

Correlation

The correlation between CSBG.NEO and VCIP.TO is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CSBG.NEO vs. VCIP.TO - Dividend Comparison

CSBG.NEO has not paid dividends to shareholders, while VCIP.TO's dividend yield for the trailing twelve months is around 2.94%.

	TTM	2025	2024	2023	2022	2021	2020	2019
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF	0.00%	0.00%	1.16%	1.21%	1.66%	0.00%	0.00%	0.00%
VCIP.TO Vanguard Conservative Income ETF Portfolio	2.94%	2.93%	2.90%	2.77%	2.29%	2.23%	1.86%	2.08%

Drawdowns

CSBG.NEO vs. VCIP.TO - Drawdown Comparison

The maximum CSBG.NEO drawdown since its inception was 0.00%, smaller than the maximum VCIP.TO drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for CSBG.NEO and VCIP.TO.

Drawdown Indicators

	CSBG.NEO	VCIP.TO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-15.87%	+15.87%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-3.80%	+3.80%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.87%	—
Current Drawdown Current decline from peak	0.00%	-2.60%	+2.60%
Average Drawdown Average peak-to-trough decline	0.00%	-3.65%	+3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	1.12%	-1.12%

Volatility

CSBG.NEO vs. VCIP.TO - Volatility Comparison

The current volatility for CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) is 0.00%, while Vanguard Conservative Income ETF Portfolio (VCIP.TO) has a volatility of 2.42%. This indicates that CSBG.NEO experiences smaller price fluctuations and is considered to be less risky than VCIP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSBG.NEO	VCIP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	2.42%	-2.42%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	3.45%	-3.45%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	5.02%	-5.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.30%	5.64%	-4.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.30%	6.25%	-4.95%