ESGG.TO vs. GEQT.TO
ESGG.TO (BMO MSCI Global Selection Equity Index ETF) and GEQT.TO (iShares ESG Equity ETF Portfolio) are both Global Equities funds. Over the past 5 years, ESGG.TO returned 14.54%/yr vs 14.52%/yr for GEQT.TO. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
ESGG.TO vs. GEQT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ESGG.TO achieves a 13.51% return, which is significantly lower than GEQT.TO's 18.33% return.
ESGG.TO
- 1D
- 1.89%
- 1M
- 3.45%
- YTD
- 13.51%
- 6M
- 12.68%
- 1Y
- 27.26%
- 3Y*
- 21.79%
- 5Y*
- 14.54%
- 10Y*
- —
GEQT.TO
- 1D
- 1.15%
- 1M
- 4.70%
- YTD
- 18.33%
- 6M
- 17.61%
- 1Y
- 29.22%
- 3Y*
- 23.67%
- 5Y*
- 14.52%
- 10Y*
- —
ESGG.TO vs. GEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 13.51% | 15.44% | 27.08% | 23.34% | -14.25% | 23.71% | 6.69% |
GEQT.TO iShares ESG Equity ETF Portfolio | 18.33% | 17.86% | 25.42% | 22.35% | -15.19% | 21.99% | 7.15% |
Correlation
The correlation between ESGG.TO and GEQT.TO is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2020 | 0.53 |
The correlation between ESGG.TO and GEQT.TO has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.
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Return for Risk
ESGG.TO vs. GEQT.TO — Risk / Return Rank
ESGG.TO
GEQT.TO
ESGG.TO vs. GEQT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO MSCI Global Selection Equity Index ETF (ESGG.TO) and iShares ESG Equity ETF Portfolio (GEQT.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESGG.TO | GEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.36 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 3.16 | -0.21 |
| Martin ratioReturn relative to average drawdown | 11.73 | 12.85 | -1.12 |
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Drawdowns
ESGG.TO vs. GEQT.TO - Drawdown Comparison
The maximum ESGG.TO drawdown since its inception was -27.90%, which is greater than GEQT.TO's maximum drawdown of -23.66%. Use the drawdown chart below to compare losses from any high point for ESGG.TO and GEQT.TO.
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Drawdown Indicators
| ESGG.TO | GEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.90% | -23.66% | -4.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.27% | -9.29% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -17.79% | -18.02% | +0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -25.31% | -23.66% | -1.65% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -5.06% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 2.28% | +0.05% |
Volatility
ESGG.TO vs. GEQT.TO - Volatility Comparison
The current volatility for BMO MSCI Global Selection Equity Index ETF (ESGG.TO) is 3.91%, while iShares ESG Equity ETF Portfolio (GEQT.TO) has a volatility of 5.93%. This indicates that ESGG.TO experiences smaller price fluctuations and is considered to be less risky than GEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGG.TO | GEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 5.93% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 12.28% | -2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.74% | 14.61% | -2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.40% | 17.66% | -3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 17.35% | -0.97% |
Dividends
ESGG.TO vs. GEQT.TO - Dividend Comparison
ESGG.TO's dividend yield for the trailing twelve months is around 0.86%, less than GEQT.TO's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 0.86% | 1.01% | 1.20% | 1.56% | 1.82% | 1.53% | 1.87% |
GEQT.TO iShares ESG Equity ETF Portfolio | 1.12% | 1.26% | 1.38% | 1.58% | 1.82% | 1.32% | 0.87% |
Frequently Asked Questions
ESGG.TO and GEQT.TO have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BMO and iShares.
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