GWO.TO vs. VGRO.TO
GWO.TO (Great-West Lifeco Inc.) is a stock, while VGRO.TO (Vanguard Growth ETF Portfolio) is Diversified Portfolio fund actively managed by Vanguard. Over the past 5 years, GWO.TO returned 26.07%/yr vs 10.71%/yr for VGRO.TO. At a 0.35 correlation, their price movements are largely independent.
Performance
GWO.TO vs. VGRO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, GWO.TO achieves a 39.01% return, which is significantly higher than VGRO.TO's 11.17% return.
GWO.TO
- 1D
- 0.66%
- 1M
- 4.72%
- 6M
- 45.05%
- YTD
- 39.01%
- 1Y
- 84.54%
- 3Y*
- 38.21%
- 5Y*
- 26.07%
- 10Y*
- 16.14%
- ALL TIME*
- 11.04%
VGRO.TO
- 1D
- 1.09%
- 1M
- -0.83%
- 6M
- 9.19%
- YTD
- 11.17%
- 1Y
- 22.30%
- 3Y*
- 17.78%
- 5Y*
- 10.71%
- 10Y*
- —
- ALL TIME*
- 10.17%
GWO.TO vs. VGRO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GWO.TO Great-West Lifeco Inc. | 39.01% | 48.38% | 14.28% | 47.70% | -12.58% | 31.45% | -2.64% | 24.53% | -14.98% |
VGRO.TO Vanguard Growth ETF Portfolio | 11.17% | 16.95% | 20.16% | 14.85% | -11.18% | 14.82% | 10.88% | 17.77% | -4.95% |
Correlation
The correlation between GWO.TO and VGRO.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2018 | 0.35 |
The correlation between GWO.TO and VGRO.TO shifts across timeframes, from 0.18 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GWO.TO vs. VGRO.TO — Risk / Return Rank
GWO.TO
VGRO.TO
GWO.TO vs. VGRO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifeco Inc. (GWO.TO) and Vanguard Growth ETF Portfolio (VGRO.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.
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.
| GWO.TO | VGRO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.92 | ||
| Sortino ratioReturn per unit of downside risk | +3.17 | ||
| Omega ratioGain probability vs. loss probability | 1.89 | 1.40 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 6.89 | 3.20 | +3.69 |
| Martin ratioReturn relative to average drawdown | 26.23 | 13.48 | +12.75 |
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Drawdowns
GWO.TO vs. VGRO.TO - Drawdown Comparison
The maximum GWO.TO drawdown since its inception was -67.52%, which is greater than VGRO.TO's maximum drawdown of -25.36%. Use the drawdown chart below to compare losses from any high point for GWO.TO and VGRO.TO.
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Drawdown Indicators
| GWO.TO | VGRO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.52% | -25.36% | -42.16% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -7.01% | -5.33% |
Max Drawdown (3Y)Largest decline over 3 years | -12.82% | -12.49% | -0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -27.64% | -17.37% | -10.27% |
Max Drawdown (10Y)Largest decline over 10 years | -44.96% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -1.34% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -11.29% | -3.36% | -7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 1.66% | +1.57% |
Volatility
GWO.TO vs. VGRO.TO - Volatility Comparison
Great-West Lifeco Inc. (GWO.TO) has a higher volatility of 4.67% compared to Vanguard Growth ETF Portfolio (VGRO.TO) at 2.69%. This indicates that GWO.TO's price experiences larger fluctuations and is considered to be riskier than VGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GWO.TO | VGRO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 2.69% | +1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 8.49% | +4.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.66% | 10.28% | +6.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.83% | 10.75% | +6.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 12.52% | +8.20% |
Dividends
GWO.TO vs. VGRO.TO - Dividend Comparison
GWO.TO's dividend yield for the trailing twelve months is around 2.77%, more than VGRO.TO's 1.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWO.TO Great-West Lifeco Inc. | 2.77% | 3.60% | 4.66% | 4.74% | 6.26% | 4.75% | 5.77% | 4.97% | 5.52% | 4.18% | 3.94% | 3.78% |
VGRO.TO Vanguard Growth ETF Portfolio | 1.75% | 1.88% | 2.04% | 2.18% | 2.17% | 1.82% | 1.80% | 2.20% | 2.12% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GWO.TO and VGRO.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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