TGRO.TO vs. XCNS.TO
TGRO.TO (TD Growth ETF Portfolio) and XCNS.TO (iShares Core Conservative Balanced ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past 5 years, TGRO.TO returned 13.26%/yr vs 5.71%/yr for XCNS.TO. A 0.73 correlation means they provide meaningful diversification when combined. TGRO.TO charges 0.15%/yr vs 0.20%/yr for XCNS.TO.
Performance
TGRO.TO vs. XCNS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TGRO.TO achieves a 9.93% return, which is significantly higher than XCNS.TO's 5.57% return.
TGRO.TO
- 1D
- -0.38%
- 1M
- 5.22%
- YTD
- 9.93%
- 6M
- 9.81%
- 1Y
- 25.55%
- 3Y*
- 19.69%
- 5Y*
- 13.26%
- 10Y*
- —
XCNS.TO
- 1D
- -0.26%
- 1M
- 3.19%
- YTD
- 5.57%
- 6M
- 4.19%
- 1Y
- 12.72%
- 3Y*
- 10.96%
- 5Y*
- 5.71%
- 10Y*
- —
TGRO.TO vs. XCNS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TGRO.TO TD Growth ETF Portfolio | 9.93% | 18.03% | 22.28% | 18.36% | -11.39% | 20.46% | 2,565.79% |
XCNS.TO iShares Core Conservative Balanced ETF Portfolio | 5.57% | 9.44% | 11.73% | 10.66% | -11.25% | 5.93% | 4.34% |
Correlation
The correlation between TGRO.TO and XCNS.TO is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
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 | 0.73 |
The correlation between TGRO.TO and XCNS.TO shifts across timeframes, from 0.72 (5 years) to 0.92 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TGRO.TO vs. XCNS.TO — Risk / Return Rank
TGRO.TO
XCNS.TO
TGRO.TO vs. XCNS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Growth ETF Portfolio (TGRO.TO) and iShares Core Conservative Balanced ETF Portfolio (XCNS.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.
| TGRO.TO | XCNS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.37 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 2.63 | +0.93 |
| Martin ratioReturn relative to average drawdown | 15.71 | 10.25 | +5.46 |
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
| TGRO.TO | XCNS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.58 | 1.92 | +0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.14 | 0.84 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.86 | -0.76 |
Drawdowns
TGRO.TO vs. XCNS.TO - Drawdown Comparison
The maximum TGRO.TO drawdown since its inception was -18.37%, which is greater than XCNS.TO's maximum drawdown of -16.96%. Use the drawdown chart below to compare losses from any high point for TGRO.TO and XCNS.TO.
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Drawdown Indicators
| TGRO.TO | XCNS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.37% | -16.96% | -1.41% |
Max Drawdown (1Y)Largest decline over 1 year | -7.21% | -4.86% | -2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -13.27% | -6.40% | -6.87% |
Max Drawdown (5Y)Largest decline over 5 years | -18.37% | -16.09% | -2.28% |
Current DrawdownCurrent decline from peak | -0.41% | -0.79% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -3.49% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.24% | +0.39% |
Volatility
TGRO.TO vs. XCNS.TO - Volatility Comparison
TD Growth ETF Portfolio (TGRO.TO) and iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) have volatilities of 3.28% and 3.14%, 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.
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Volatility by Period
| TGRO.TO | XCNS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 3.14% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.10% | 5.72% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.93% | 6.67% | +3.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.69% | 6.86% | +4.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 995.08% | 7.61% | +987.47% |
TGRO.TO vs. XCNS.TO - Expense Ratio Comparison
TGRO.TO has a 0.15% expense ratio, which is lower than XCNS.TO's 0.20% expense ratio. Despite the difference, 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. XCNS.TO - Dividend Comparison
TGRO.TO's dividend yield for the trailing twelve months is around 1.78%, less than XCNS.TO's 2.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
TGRO.TO TD Growth ETF Portfolio | 1.78% | 2.03% | 2.04% | 2.17% | 2.46% | 1.58% | 0.83% | 0.00% |
XCNS.TO iShares Core Conservative Balanced ETF Portfolio | 2.50% | 2.55% | 2.58% | 2.49% | 2.26% | 1.81% | 2.15% | 0.92% |
Frequently Asked Questions
With a correlation of 0.92, TGRO.TO and XCNS.TO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.20% for XCNS.TO.
They also come from different issuers: TD and iShares. Their fees differ too: 0.15% for TGRO.TO and 0.20% for XCNS.TO.
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