TGRO.TO vs. VONG

Last updated Jun 5, 2026

TGRO.TO (TD Growth ETF Portfolio) and VONG (Vanguard Russell 1000 Growth ETF) are both exchange-traded funds - TGRO.TO is a Diversified Portfolio fund actively managed by TD, while VONG is a Large Cap Growth Equities fund tracking the Russell 1000 Growth Index. TGRO.TO is actively managed, while VONG is passively managed. Over the past 5 years, TGRO.TO returned 13.41%/yr vs 18.75%/yr for VONG. A 0.70 correlation means they provide meaningful diversification when combined. TGRO.TO charges 0.15%/yr vs 0.06%/yr for VONG.

Performance

TGRO.TO vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Growth ETF Portfolio (TGRO.TO) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TGRO.TO is traded in CAD, while VONG is traded in USD. To make them comparable, the VONG values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TGRO.TO achieves a 10.65% return, which is significantly higher than VONG's 8.87% return.

TGRO.TO

• 1D: 0.66%
• 1M: 5.30%
• YTD: 10.65%
• 6M: 10.15%
• 1Y: 26.43%
• 3Y*: 20.02%
• 5Y*: 13.41%
• 10Y*: —

VONG

• 1D: 0.31%
• 1M: 7.61%
• YTD: 8.87%
• 6M: 6.17%
• 1Y: 27.66%
• 3Y*: 26.49%
• 5Y*: 18.75%
• 10Y*: 19.57%

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

TGRO.TO vs. VONG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TGRO.TO TD Growth ETF Portfolio	10.65%	18.03%	22.28%	18.36%	-11.39%	20.46%	2,565.79%
VONG Vanguard Russell 1000 Growth ETF	8.87%	13.02%	44.64%	39.53%	-24.13%	26.45%	8.78%

Correlation

The correlation between TGRO.TO and VONG 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	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Aug 20, 2020	0.70

The correlation between TGRO.TO and VONG has been stable across timeframes, ranging from 0.70 to 0.72 - a consistent structural relationship.

Return for Risk

TGRO.TO vs. VONG — 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: 81
TGRO.TO Sharpe Ratio Rank: 83
TGRO.TO Sortino Ratio Rank: 84
TGRO.TO Omega Ratio Rank: 84
TGRO.TO Calmar Ratio Rank: 75
TGRO.TO Martin Ratio Rank: 82

VONG

VONG Risk / Return Rank: 42
VONG Sharpe Ratio Rank: 49
VONG Sortino Ratio Rank: 47
VONG Omega Ratio Rank: 47
VONG Calmar Ratio Rank: 32
VONG Martin Ratio Rank: 36

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. VONG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Growth ETF Portfolio (TGRO.TO) and Vanguard Russell 1000 Growth ETF (VONG). 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.TO	VONG	Difference
Sharpe ratio: Return per unit of total volatility	2.67	1.84	+0.83
Sortino ratio: Return per unit of downside risk	3.73	2.48	+1.25
Omega ratio: Gain probability vs. loss probability	1.50	1.33	+0.18
Calmar ratio: Return relative to maximum drawdown	3.68	1.70	+1.98
Martin ratio: Return relative to average drawdown	16.25	4.98	+11.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TGRO.TO vs. VONG - Sharpe Ratio Comparison

The current TGRO.TO Sharpe Ratio is 2.67, which is higher than the VONG Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of TGRO.TO and VONG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TGRO.TO	VONG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	1.84	+0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.15	0.96	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	1.12	-1.02

Drawdowns

TGRO.TO vs. VONG - Drawdown Comparison

The maximum TGRO.TO drawdown since its inception was -18.37%, smaller than the maximum VONG drawdown of -31.01%. Use the drawdown chart below to compare losses from any high point for TGRO.TO and VONG.

Drawdown Indicators

	TGRO.TO	VONG	Difference
Max Drawdown Largest peak-to-trough decline	-18.37%	-31.01%	+12.64%
Max Drawdown (1Y) Largest decline over 1 year	-7.21%	-16.35%	+9.14%
Max Drawdown (3Y) Largest decline over 3 years	-13.27%	-23.68%	+10.41%
Max Drawdown (5Y) Largest decline over 5 years	-18.37%	-31.01%	+12.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.01%	—
Current Drawdown Current decline from peak	0.00%	-0.96%	+0.96%
Average Drawdown Average peak-to-trough decline	-3.45%	-4.54%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	5.57%	-3.94%

Volatility

TGRO.TO vs. VONG - Volatility Comparison

TD Growth ETF Portfolio (TGRO.TO) and Vanguard Russell 1000 Growth ETF (VONG) have volatilities of 3.29% and 3.39%, 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.

Volatility by Period

	TGRO.TO	VONG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	3.39%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	8.12%	11.35%	-3.23%
Volatility (1Y) Calculated over the trailing 1-year period	9.95%	15.09%	-5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.69%	19.67%	-7.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	994.74%	19.35%	+975.39%

TGRO.TO vs. VONG - Expense Ratio Comparison

TGRO.TO has a 0.15% expense ratio, which is higher than VONG's 0.06% 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

TGRO.TO vs. VONG - Dividend Comparison

TGRO.TO's dividend yield for the trailing twelve months is around 1.77%, more than VONG's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TGRO.TO TD Growth ETF Portfolio	1.77%	2.03%	2.04%	2.17%	2.46%	1.58%	0.83%	0.00%	0.00%	0.00%	0.00%	0.00%
VONG Vanguard Russell 1000 Growth ETF	0.43%	0.45%	0.55%	0.71%	0.98%	0.58%	0.77%	1.03%	1.18%	1.19%	1.48%	1.47%

Frequently Asked Questions

Can I hold both TGRO.TO and VONG in my portfolio?

TGRO.TO and VONG 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.

Which ETF is better, TGRO.TO or VONG?

On fees, VONG is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TGRO.TO or VONG?

VONG is cheaper with a 0.06% expense ratio, compared with 0.15% for TGRO.TO.

What is the main difference between TGRO.TO and VONG?

TGRO.TO is categorized as Diversified Portfolio, while VONG is Large Cap Growth Equities. They also come from different issuers: TD and Vanguard. Their fees differ too: 0.15% for TGRO.TO and 0.06% for VONG.