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GGRO.TO vs. MIX.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GGRO.TO vs. MIX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares ESG Growth ETF Portfolio (GGRO.TO) and Hamilton Enhanced Mixed Asset ETF (MIX.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, GGRO.TO achieves a 11.48% return, which is significantly higher than MIX.TO's 8.73% return.


GGRO.TO

1D
-0.04%
1M
6.33%
YTD
11.48%
6M
8.73%
1Y
22.29%
3Y*
18.93%
5Y*
11.20%
10Y*

MIX.TO

1D
0.52%
1M
3.49%
YTD
8.73%
6M
8.61%
1Y
28.22%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

GGRO.TO vs. MIX.TO - Yearly Performance Comparison


2026 (YTD)2025
GGRO.TO
iShares ESG Growth ETF Portfolio
11.48%17.15%
MIX.TO
Hamilton Enhanced Mixed Asset ETF
8.73%25.24%

Correlation

The correlation between GGRO.TO and MIX.TO is 0.71, 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

0.71

Correlation (All Time)
Calculated using the full available price history since Apr 29, 2025

0.70

The correlation between GGRO.TO and MIX.TO has been stable across timeframes, ranging from 0.70 to 0.71 - a consistent structural relationship.

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Return for Risk

GGRO.TO vs. MIX.TO — Risk / Return Rank

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

GGRO.TO
GGRO.TO Risk / Return Rank: 5959
Overall Rank
GGRO.TO Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
GGRO.TO Sortino Ratio Rank: 5555
Sortino Ratio Rank
GGRO.TO Omega Ratio Rank: 5858
Omega Ratio Rank
GGRO.TO Calmar Ratio Rank: 5959
Calmar Ratio Rank
GGRO.TO Martin Ratio Rank: 6565
Martin Ratio Rank

MIX.TO
MIX.TO Risk / Return Rank: 6464
Overall Rank
MIX.TO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
MIX.TO Sortino Ratio Rank: 6666
Sortino Ratio Rank
MIX.TO Omega Ratio Rank: 6868
Omega Ratio Rank
MIX.TO Calmar Ratio Rank: 5555
Calmar Ratio Rank
MIX.TO Martin Ratio Rank: 6262
Martin Ratio Rank
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.

GGRO.TO vs. MIX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Growth ETF Portfolio (GGRO.TO) and Hamilton Enhanced Mixed Asset ETF (MIX.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.TOMIX.TODifference
Sharpe ratioReturn per unit of total volatility

-0.33

Sortino ratioReturn per unit of downside risk

-0.40

Omega ratioGain probability vs. loss probability

1.35

1.40

-0.05

Calmar ratioReturn relative to maximum drawdown

2.89

2.65

+0.24

Martin ratioReturn relative to average drawdown

11.66

11.04

+0.61

GGRO.TO vs. MIX.TO - Sharpe Ratio Comparison

The current GGRO.TO Sharpe Ratio is 1.88, which is comparable to the MIX.TO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of GGRO.TO and MIX.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


GGRO.TOMIX.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.88

2.21

-0.33

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

2.58

-1.51

Drawdowns

GGRO.TO vs. MIX.TO - Drawdown Comparison

The maximum GGRO.TO drawdown since its inception was -22.13%, which is greater than MIX.TO's maximum drawdown of -10.71%. Use the drawdown chart below to compare losses from any high point for GGRO.TO and MIX.TO.


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Drawdown Indicators


GGRO.TOMIX.TODifference

Max Drawdown

Largest peak-to-trough decline

-22.13%

-10.71%

-11.42%

Max Drawdown (1Y)

Largest decline over 1 year

-7.74%

-10.71%

+2.97%

Max Drawdown (3Y)

Largest decline over 3 years

-13.78%

Max Drawdown (5Y)

Largest decline over 5 years

-22.13%

Current Drawdown

Current decline from peak

-0.66%

-0.19%

-0.47%

Average Drawdown

Average peak-to-trough decline

-4.96%

-1.38%

-3.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.92%

2.56%

-0.64%

Volatility

GGRO.TO vs. MIX.TO - Volatility Comparison

iShares ESG Growth ETF Portfolio (GGRO.TO) and Hamilton Enhanced Mixed Asset ETF (MIX.TO) have volatilities of 3.84% and 4.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GGRO.TOMIX.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.84%

4.01%

-0.17%

Volatility (6M)

Calculated over the trailing 6-month period

9.82%

10.52%

-0.70%

Volatility (1Y)

Calculated over the trailing 1-year period

11.91%

12.83%

-0.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.76%

12.61%

-0.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.57%

12.61%

-1.04%

GGRO.TO vs. MIX.TO - Expense Ratio Comparison

GGRO.TO has a 0.25% expense ratio, which is higher than MIX.TO's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

GGRO.TO vs. MIX.TO - Dividend Comparison

GGRO.TO's dividend yield for the trailing twelve months is around 1.38%, less than MIX.TO's 1.56% yield.


PositionTTM202520242023202220212020
GGRO.TO
iShares ESG Growth ETF Portfolio
1.38%1.51%1.62%1.89%1.69%1.43%0.83%
MIX.TO
Hamilton Enhanced Mixed Asset ETF
1.56%1.23%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


GGRO.TO and MIX.TO have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, MIX.TO is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MIX.TO is cheaper with a 0.00% expense ratio, compared with 0.25% for GGRO.TO.

They also come from different issuers: iShares and Hamilton. Their fees differ too: 0.25% for GGRO.TO and 0.00% for MIX.TO.

Portfolio Optimizer

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