GGRO.TO vs. XIU.TO
GGRO.TO (iShares ESG Growth ETF Portfolio) and XIU.TO (iShares S&P/TSX 60 Index ETF) are both exchange-traded funds - GGRO.TO is a Diversified Portfolio fund actively managed by iShares, while XIU.TO is a Canada Equities fund tracking the S&P/TSX 60 Index. GGRO.TO is actively managed, while XIU.TO is passively managed. Over the past 5 years, GGRO.TO returned 11.20%/yr vs 14.66%/yr for XIU.TO. A 0.66 correlation means they provide meaningful diversification when combined. GGRO.TO charges 0.25%/yr vs 0.18%/yr for XIU.TO.
Performance
GGRO.TO vs. XIU.TO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with GGRO.TO having a 11.48% return and XIU.TO slightly higher at 11.56%.
GGRO.TO
- 1D
- -0.04%
- 1M
- 6.33%
- YTD
- 11.48%
- 6M
- 8.73%
- 1Y
- 22.29%
- 3Y*
- 18.93%
- 5Y*
- 11.20%
- 10Y*
- —
XIU.TO
- 1D
- 1.29%
- 1M
- 5.10%
- YTD
- 11.56%
- 6M
- 12.35%
- 1Y
- 33.92%
- 3Y*
- 23.20%
- 5Y*
- 14.66%
- 10Y*
- 12.74%
GGRO.TO vs. XIU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GGRO.TO iShares ESG Growth ETF Portfolio | 11.48% | 14.24% | 20.48% | 19.18% | -14.11% | 15.52% | 7.20% |
XIU.TO iShares S&P/TSX 60 Index ETF | 11.56% | 28.89% | 20.73% | 11.85% | -6.35% | 28.06% | 6.49% |
Correlation
The correlation between GGRO.TO and XIU.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 (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2020 | 0.66 |
The correlation between GGRO.TO and XIU.TO has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.
GGRO.TO vs. XIU.TO - Sectors Allocation Comparison
Sectors
GGRO.TO
XIU.TO
Technology
Financial Services
Industrials
Basic Materials
Consumer Cyclical
Healthcare
-
Real Estate
Communication Services
Consumer Defensive
Utilities
Energy
Technology
GGRO.TO
XIU.TO
Financial Services
GGRO.TO
XIU.TO
Industrials
GGRO.TO
XIU.TO
Basic Materials
GGRO.TO
XIU.TO
Consumer Cyclical
GGRO.TO
XIU.TO
Healthcare
GGRO.TO
XIU.TO
-
Real Estate
GGRO.TO
XIU.TO
Communication Services
GGRO.TO
XIU.TO
Consumer Defensive
GGRO.TO
XIU.TO
Utilities
GGRO.TO
XIU.TO
Energy
GGRO.TO
XIU.TO
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Return for Risk
GGRO.TO vs. XIU.TO — Risk / Return Rank
GGRO.TO
XIU.TO
GGRO.TO vs. XIU.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 S&P/TSX 60 Index ETF (XIU.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 | XIU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.52 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 4.45 | -1.56 |
| Martin ratioReturn relative to average drawdown | 11.66 | 20.69 | -9.03 |
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 | XIU.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.89 | -1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | 1.15 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.51 | +0.56 |
Drawdowns
GGRO.TO vs. XIU.TO - Drawdown Comparison
The maximum GGRO.TO drawdown since its inception was -22.13%, smaller than the maximum XIU.TO drawdown of -52.31%. Use the drawdown chart below to compare losses from any high point for GGRO.TO and XIU.TO.
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Drawdown Indicators
| GGRO.TO | XIU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.13% | -52.31% | +30.18% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -7.65% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -13.78% | -12.36% | -1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -22.13% | -16.36% | -5.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.46% | — |
Current DrawdownCurrent decline from peak | -0.66% | 0.00% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -11.62% | +6.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 1.64% | +0.28% |
Volatility
GGRO.TO vs. XIU.TO - Volatility Comparison
iShares ESG Growth ETF Portfolio (GGRO.TO) has a higher volatility of 3.84% compared to iShares S&P/TSX 60 Index ETF (XIU.TO) at 3.43%. This indicates that GGRO.TO's price experiences larger fluctuations and is considered to be riskier than XIU.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 | XIU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 3.43% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 9.39% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.91% | 11.79% | +0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.76% | 12.79% | -1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.57% | 15.01% | -3.44% |
GGRO.TO vs. XIU.TO - Expense Ratio Comparison
GGRO.TO has a 0.25% expense ratio, which is higher than XIU.TO's 0.18% 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. XIU.TO - Dividend Comparison
GGRO.TO's dividend yield for the trailing twelve months is around 1.38%, less than XIU.TO's 2.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGRO.TO iShares ESG Growth ETF Portfolio | 1.38% | 1.51% | 1.62% | 1.89% | 1.69% | 1.43% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIU.TO iShares S&P/TSX 60 Index ETF | 2.17% | 2.39% | 2.92% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% |
Frequently Asked Questions
GGRO.TO and XIU.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, XIU.TO is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIU.TO is cheaper with a 0.18% expense ratio, compared with 0.25% for GGRO.TO.
GGRO.TO is categorized as Diversified Portfolio, while XIU.TO is Canada Equities. Their fees differ too: 0.25% for GGRO.TO and 0.18% for XIU.TO.
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