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TGRO.TO vs. CSBG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TGRO.TO vs. CSBG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Growth ETF Portfolio (TGRO.TO) and CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


TGRO.TO

1D
-0.38%
1M
5.22%
YTD
9.93%
6M
9.81%
1Y
25.55%
3Y*
19.69%
5Y*
13.26%
10Y*

CSBG.NEO

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.80%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

TGRO.TO vs. CSBG.NEO - Yearly Performance Comparison


2026 (YTD)20252024202320222021
TGRO.TO
TD Growth ETF Portfolio
9.93%18.03%22.28%18.36%-11.39%8.21%
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF
0.00%0.00%1.17%1.22%1.69%2.60%

Correlation

The correlation between TGRO.TO and CSBG.NEO is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (3Y)
Calculated over the trailing 3-year period

-0.02

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2021

0.01

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Return for Risk

TGRO.TO vs. CSBG.NEO — Risk / Return Rank

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

TGRO.TO
TGRO.TO Risk / Return Rank: 7777
Overall Rank
TGRO.TO Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
TGRO.TO Sortino Ratio Rank: 7979
Sortino Ratio Rank
TGRO.TO Omega Ratio Rank: 8080
Omega Ratio Rank
TGRO.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
TGRO.TO Martin Ratio Rank: 7979
Martin Ratio Rank

CSBG.NEO
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.

TGRO.TO vs. CSBG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Growth ETF Portfolio (TGRO.TO) and CIBC Sustainable Balanced Growth Solution ETF (CSBG.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.


TGRO.TOCSBG.NEODifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.49

Calmar ratioReturn relative to maximum drawdown

3.56

Martin ratioReturn relative to average drawdown

15.71

TGRO.TO vs. CSBG.NEO - Sharpe Ratio Comparison


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Sharpe Ratios by Period


TGRO.TOCSBG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.10

1.08

-0.98

Drawdowns

TGRO.TO vs. CSBG.NEO - Drawdown Comparison

The maximum TGRO.TO drawdown since its inception was -18.37%, which is greater than CSBG.NEO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TGRO.TO and CSBG.NEO.


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Drawdown Indicators


TGRO.TOCSBG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-18.37%

0.00%

-18.37%

Max Drawdown (1Y)

Largest decline over 1 year

-7.21%

0.00%

-7.21%

Max Drawdown (3Y)

Largest decline over 3 years

-13.27%

0.00%

-13.27%

Max Drawdown (5Y)

Largest decline over 5 years

-18.37%

Current Drawdown

Current decline from peak

-0.41%

0.00%

-0.41%

Average Drawdown

Average peak-to-trough decline

-3.46%

0.00%

-3.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.63%

0.00%

+1.63%

Volatility

TGRO.TO vs. CSBG.NEO - Volatility Comparison

TD Growth ETF Portfolio (TGRO.TO) has a higher volatility of 3.28% compared to CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) at 0.00%. This indicates that TGRO.TO's price experiences larger fluctuations and is considered to be riskier than CSBG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TGRO.TOCSBG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.28%

0.00%

+3.28%

Volatility (6M)

Calculated over the trailing 6-month period

8.10%

0.00%

+8.10%

Volatility (1Y)

Calculated over the trailing 1-year period

9.93%

0.00%

+9.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.69%

1.27%

+10.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

995.08%

1.27%

+993.81%

TGRO.TO vs. CSBG.NEO - Expense Ratio Comparison

TGRO.TO has a 0.15% expense ratio, which is lower than CSBG.NEO's 0.90% expense ratio.


Dividends

TGRO.TO vs. CSBG.NEO - Dividend Comparison

TGRO.TO's dividend yield for the trailing twelve months is around 1.78%, while CSBG.NEO has not paid dividends to shareholders.


PositionTTM202520242023202220212020
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF
0.00%0.00%1.16%1.21%1.66%0.00%0.00%
TGRO.TO
TD Growth ETF Portfolio
1.78%2.03%2.04%2.17%2.46%1.58%0.83%

Frequently Asked Questions


TGRO.TO and CSBG.NEO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, TGRO.TO is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

TGRO.TO is cheaper with a 0.15% expense ratio, compared with 0.90% for CSBG.NEO.

They also come from different issuers: TD and CIBC. Their fees differ too: 0.15% for TGRO.TO and 0.90% for CSBG.NEO.

Portfolio Optimizer

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