GGRO.TO vs. SDAY.NEO

Last updated Jun 16, 2026

GGRO.TO (iShares ESG Growth ETF Portfolio) and SDAY.NEO (Hamilton Enhanced U.S. Equity DayMAX™ ETF) are both exchange-traded funds - GGRO.TO is a Diversified Portfolio fund actively managed by iShares, while SDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. GGRO.TO charges 0.25%/yr vs 0.85%/yr for SDAY.NEO.

Performance

GGRO.TO vs. SDAY.NEO - 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 U.S. Equity DayMAX™ ETF (SDAY.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with GGRO.TO having a 13.16% return and SDAY.NEO slightly lower at 12.66%.

GGRO.TO

• 1D: 1.41%
• 1M: 5.68%
• YTD: 13.16%
• 6M: 11.03%
• 1Y: 25.16%
• 3Y*: 18.97%
• 5Y*: 11.34%
• 10Y*: —

SDAY.NEO

• 1D: 0.30%
• 1M: 6.53%
• YTD: 12.66%
• 6M: 10.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GGRO.TO vs. SDAY.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
GGRO.TO iShares ESG Growth ETF Portfolio	13.16%	6.55%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	12.66%	4.49%

Correlation

The correlation between GGRO.TO and SDAY.NEO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	0.41

Return for Risk

GGRO.TO vs. SDAY.NEO — 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: 70
GGRO.TO Sharpe Ratio Rank: 69
GGRO.TO Sortino Ratio Rank: 68
GGRO.TO Omega Ratio Rank: 70
GGRO.TO Calmar Ratio Rank: 70
GGRO.TO Martin Ratio Rank: 74

SDAY.NEO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. SDAY.NEO - 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 U.S. Equity DayMAX™ ETF (SDAY.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.

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.

	GGRO.TO	SDAY.NEO	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	2.83	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.26	—	—
Martin ratio: Return relative to average drawdown	13.00	—	—

Drawdowns

GGRO.TO vs. SDAY.NEO - Drawdown Comparison

The maximum GGRO.TO drawdown since its inception was -22.12%, which is greater than SDAY.NEO's maximum drawdown of -7.75%. Use the drawdown chart below to compare losses from any high point for GGRO.TO and SDAY.NEO.

Drawdown Indicators

	GGRO.TO	SDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-22.12%	-7.75%	-14.37%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.22%	-1.81%	-3.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	—	—

Volatility

Volatility by Period

	GGRO.TO	SDAY.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.33%	11.59%	+0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.06%	11.59%	+3.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.35%	11.59%	+4.76%

GGRO.TO vs. SDAY.NEO - Expense Ratio Comparison

GGRO.TO has a 0.25% expense ratio, which is lower than SDAY.NEO's 0.85% expense ratio.

Dividends

GGRO.TO vs. SDAY.NEO - Dividend Comparison

GGRO.TO's dividend yield for the trailing twelve months is around 1.37%, less than SDAY.NEO's 16.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GGRO.TO iShares ESG Growth ETF Portfolio	1.37%	1.52%	1.63%	1.89%	1.69%	1.44%	0.83%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	16.66%	8.62%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGRO.TO and SDAY.NEO in my portfolio?

GGRO.TO and SDAY.NEO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGRO.TO or SDAY.NEO?

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.

Which ETF is cheaper, GGRO.TO or SDAY.NEO?

GGRO.TO is cheaper with a 0.25% expense ratio, compared with 0.85% for SDAY.NEO.

What is the main difference between GGRO.TO and SDAY.NEO?

GGRO.TO is categorized as Diversified Portfolio, while SDAY.NEO is Derivative Income. They also come from different issuers: iShares and Hamilton Capital. Their fees differ too: 0.25% for GGRO.TO and 0.85% for SDAY.NEO.