GBAL.TO vs. CSBG.NEO
GBAL.TO (iShares ESG Balanced ETF Portfolio) and CSBG.NEO (CIBC Sustainable Balanced Growth Solution ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past 3 years, GBAL.TO returned 15.66%/yr vs 0.80%/yr for CSBG.NEO. At a 0.01 correlation, their price movements are largely independent. GBAL.TO charges 0.25%/yr vs 0.90%/yr for CSBG.NEO.
Performance
GBAL.TO vs. CSBG.NEO - Performance Comparison
Loading charts...
Returns By Period
GBAL.TO
- 1D
- 0.16%
- 1M
- 5.46%
- YTD
- 9.39%
- 6M
- 7.35%
- 1Y
- 18.03%
- 3Y*
- 15.66%
- 5Y*
- 9.04%
- 10Y*
- —
CSBG.NEO
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.80%
- 5Y*
- —
- 10Y*
- —
GBAL.TO vs. CSBG.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GBAL.TO iShares ESG Balanced ETF Portfolio | 9.39% | 11.77% | 17.38% | 14.48% | -11.94% | 3.53% |
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF | 0.00% | 0.00% | 1.17% | 1.22% | 1.69% | 2.60% |
Correlation
The correlation between GBAL.TO and CSBG.NEO is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2021 | 0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GBAL.TO vs. CSBG.NEO — Risk / Return Rank
GBAL.TO
CSBG.NEO
GBAL.TO vs. CSBG.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Balanced ETF Portfolio (GBAL.TO) and CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO). 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.
| GBAL.TO | CSBG.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.37 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | — | — |
| Martin ratioReturn relative to average drawdown | 11.25 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GBAL.TO | CSBG.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 1.08 | -0.05 |
Drawdowns
GBAL.TO vs. CSBG.NEO - Drawdown Comparison
The maximum GBAL.TO drawdown since its inception was -18.92%, which is greater than CSBG.NEO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GBAL.TO and CSBG.NEO.
Loading charts...
Drawdown Indicators
| GBAL.TO | CSBG.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.92% | 0.00% | -18.92% |
Max Drawdown (1Y)Largest decline over 1 year | -6.40% | 0.00% | -6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -10.24% | 0.00% | -10.24% |
Max Drawdown (5Y)Largest decline over 5 years | -18.92% | — | — |
Current DrawdownCurrent decline from peak | -0.08% | 0.00% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -4.30% | 0.00% | -4.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 0.00% | +1.61% |
Volatility
GBAL.TO vs. CSBG.NEO - Volatility Comparison
iShares ESG Balanced ETF Portfolio (GBAL.TO) has a higher volatility of 3.19% compared to CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) at 0.00%. This indicates that GBAL.TO's price experiences larger fluctuations and is considered to be riskier than CSBG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GBAL.TO | CSBG.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 0.00% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 7.87% | 0.00% | +7.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.42% | 0.00% | +9.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.70% | 1.27% | +8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.53% | 1.27% | +8.26% |
GBAL.TO vs. CSBG.NEO - Expense Ratio Comparison
GBAL.TO has a 0.25% expense ratio, which is lower than CSBG.NEO's 0.90% expense ratio.
Dividends
GBAL.TO vs. CSBG.NEO - Dividend Comparison
GBAL.TO's dividend yield for the trailing twelve months is around 1.71%, while CSBG.NEO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF | 0.00% | 0.00% | 1.16% | 1.21% | 1.66% | 0.00% | 0.00% |
GBAL.TO iShares ESG Balanced ETF Portfolio | 1.71% | 1.83% | 1.84% | 2.40% | 1.87% | 1.43% | 0.96% |
Frequently Asked Questions
GBAL.TO and CSBG.NEO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GBAL.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GBAL.TO is cheaper with a 0.25% expense ratio, compared with 0.90% for CSBG.NEO.
They also come from different issuers: iShares and CIBC. Their fees differ too: 0.25% for GBAL.TO and 0.90% for CSBG.NEO.
Find the right allocation for GBAL.TO and CSBG.NEO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer