GGRO.TO vs. GBAL.TO
Compare and contrast key facts about iShares ESG Growth ETF Portfolio (GGRO.TO) and iShares ESG Balanced ETF Portfolio (GBAL.TO).
GGRO.TO and GBAL.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GGRO.TO is an actively managed fund by iShares. It was launched on Sep 2, 2020. GBAL.TO is an actively managed fund by iShares. It was launched on Sep 2, 2020.
Performance
GGRO.TO vs. GBAL.TO - Performance Comparison
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GGRO.TO vs. GBAL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GGRO.TO iShares ESG Growth ETF Portfolio | -0.86% | 14.24% | 20.48% | 19.18% | -14.11% | 15.52% | 7.20% |
GBAL.TO iShares ESG Balanced ETF Portfolio | -0.84% | 11.77% | 17.38% | 14.48% | -11.94% | 11.32% | 5.19% |
Returns By Period
The year-to-date returns for both investments are quite close, with GGRO.TO having a -0.86% return and GBAL.TO slightly higher at -0.84%.
GGRO.TO
- 1D
- 0.97%
- 1M
- -3.30%
- YTD
- -0.86%
- 6M
- -1.73%
- 1Y
- 14.55%
- 3Y*
- 14.95%
- 5Y*
- 9.18%
- 10Y*
- —
GBAL.TO
- 1D
- 0.60%
- 1M
- -2.88%
- YTD
- -0.84%
- 6M
- -1.33%
- 1Y
- 11.13%
- 3Y*
- 12.34%
- 5Y*
- 7.34%
- 10Y*
- —
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GGRO.TO vs. GBAL.TO - Expense Ratio Comparison
Both GGRO.TO and GBAL.TO have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
GGRO.TO vs. GBAL.TO — Risk / Return Rank
GGRO.TO
GBAL.TO
GGRO.TO vs. GBAL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Growth ETF Portfolio (GGRO.TO) and iShares ESG Balanced ETF Portfolio (GBAL.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.
| GGRO.TO | GBAL.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 1.09 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.53 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 1.70 | -0.03 |
Martin ratioReturn relative to average drawdown | 6.24 | 5.99 | +0.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGRO.TO | GBAL.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 1.09 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.77 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.87 | +0.04 |
Correlation
The correlation between GGRO.TO and GBAL.TO is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GGRO.TO vs. GBAL.TO - Dividend Comparison
GGRO.TO's dividend yield for the trailing twelve months is around 1.56%, less than GBAL.TO's 1.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GGRO.TO iShares ESG Growth ETF Portfolio | 1.56% | 1.51% | 1.62% | 1.89% | 1.69% | 1.43% | 0.83% |
GBAL.TO iShares ESG Balanced ETF Portfolio | 1.89% | 1.83% | 1.84% | 2.40% | 1.87% | 1.43% | 0.96% |
Drawdowns
GGRO.TO vs. GBAL.TO - Drawdown Comparison
The maximum GGRO.TO drawdown since its inception was -22.13%, which is greater than GBAL.TO's maximum drawdown of -18.92%. Use the drawdown chart below to compare losses from any high point for GGRO.TO and GBAL.TO.
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Drawdown Indicators
| GGRO.TO | GBAL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.13% | -18.92% | -3.21% |
Max Drawdown (1Y)Largest decline over 1 year | -8.65% | -6.50% | -2.15% |
Max Drawdown (5Y)Largest decline over 5 years | -22.13% | -18.92% | -3.21% |
Current DrawdownCurrent decline from peak | -4.22% | -3.77% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -4.42% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 1.85% | +0.47% |
Volatility
GGRO.TO vs. GBAL.TO - Volatility Comparison
iShares ESG Growth ETF Portfolio (GGRO.TO) has a higher volatility of 5.65% compared to iShares ESG Balanced ETF Portfolio (GBAL.TO) at 4.73%. This indicates that GGRO.TO's price experiences larger fluctuations and is considered to be riskier than GBAL.TO 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 | GBAL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.65% | 4.73% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 9.75% | 7.68% | +2.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.55% | 10.28% | +3.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.61% | 9.56% | +2.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.53% | 9.49% | +2.04% |