GGRO.TO vs. CSBG.NEO
GGRO.TO (iShares ESG Growth 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, GGRO.TO returned 18.93%/yr vs 0.80%/yr for CSBG.NEO. At a 0.01 correlation, their price movements are largely independent. GGRO.TO charges 0.25%/yr vs 0.90%/yr for CSBG.NEO.
Performance
GGRO.TO vs. CSBG.NEO - Performance Comparison
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Returns By Period
GGRO.TO
- 1D
- -0.04%
- 1M
- 6.33%
- YTD
- 11.48%
- 6M
- 8.73%
- 1Y
- 22.29%
- 3Y*
- 18.93%
- 5Y*
- 11.20%
- 10Y*
- —
CSBG.NEO
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.80%
- 5Y*
- —
- 10Y*
- —
GGRO.TO vs. CSBG.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GGRO.TO iShares ESG Growth ETF Portfolio | 11.48% | 14.24% | 20.48% | 19.18% | -14.11% | 5.10% |
CSBG.NEO CIBC Sustainable Balanced Growth Solution ETF | 0.00% | 0.00% | 1.17% | 1.22% | 1.69% | 2.60% |
Correlation
The correlation between GGRO.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 |
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Return for Risk
GGRO.TO vs. CSBG.NEO — Risk / Return Rank
GGRO.TO
CSBG.NEO
GGRO.TO vs. CSBG.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Growth ETF Portfolio (GGRO.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.
| GGRO.TO | CSBG.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | — | — |
| Martin ratioReturn relative to average drawdown | 11.66 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGRO.TO | CSBG.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 1.08 | -0.01 |
Drawdowns
GGRO.TO vs. CSBG.NEO - Drawdown Comparison
The maximum GGRO.TO drawdown since its inception was -22.13%, 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 GGRO.TO and CSBG.NEO.
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Drawdown Indicators
| GGRO.TO | CSBG.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.13% | 0.00% | -22.13% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | 0.00% | -7.74% |
Max Drawdown (3Y)Largest decline over 3 years | -13.78% | 0.00% | -13.78% |
Max Drawdown (5Y)Largest decline over 5 years | -22.13% | — | — |
Current DrawdownCurrent decline from peak | -0.66% | 0.00% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -4.96% | 0.00% | -4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 0.00% | +1.92% |
Volatility
GGRO.TO vs. CSBG.NEO - Volatility Comparison
iShares ESG Growth ETF Portfolio (GGRO.TO) has a higher volatility of 3.84% compared to CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) at 0.00%. This indicates that GGRO.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.
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Volatility by Period
| GGRO.TO | CSBG.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 0.00% | +3.84% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 0.00% | +9.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.91% | 0.00% | +11.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.76% | 1.27% | +10.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.57% | 1.27% | +10.30% |
GGRO.TO vs. CSBG.NEO - Expense Ratio Comparison
GGRO.TO has a 0.25% expense ratio, which is lower than CSBG.NEO's 0.90% expense ratio.
Dividends
GGRO.TO vs. CSBG.NEO - Dividend Comparison
GGRO.TO's dividend yield for the trailing twelve months is around 1.38%, 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% |
GGRO.TO iShares ESG Growth ETF Portfolio | 1.38% | 1.51% | 1.62% | 1.89% | 1.69% | 1.43% | 0.83% |
Frequently Asked Questions
GGRO.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, GGRO.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GGRO.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 GGRO.TO and 0.90% for CSBG.NEO.
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