TGRO.TO vs. XEG.TO
TGRO.TO (TD Growth ETF Portfolio) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - TGRO.TO is a Diversified Portfolio fund actively managed by TD, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. TGRO.TO is actively managed, while XEG.TO is passively managed. Over the past 5 years, TGRO.TO returned 12.14%/yr vs 32.72%/yr for XEG.TO. Their 0.21 correlation means their historical movements had little consistent relationship. TGRO.TO charges 0.17%/yr vs 0.60%/yr for XEG.TO.
Performance
TGRO.TO vs. XEG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TGRO.TO achieves a 11.07% return, which is significantly lower than XEG.TO's 46.30% return.
TGRO.TO
- 1D
- 0.03%
- 1M
- -0.75%
- 6M
- 8.72%
- YTD
- 11.07%
- 1Y
- 23.14%
- 3Y*
- 18.20%
- 5Y*
- 12.14%
- 10Y*
- —
- ALL TIME*
- 13.78%
XEG.TO
- 1D
- 0.69%
- 1M
- 15.08%
- 6M
- 33.01%
- YTD
- 46.30%
- 1Y
- 65.86%
- 3Y*
- 24.75%
- 5Y*
- 32.72%
- 10Y*
- 12.29%
- ALL TIME*
- 4.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
TGRO.TO TD Growth ETF Portfolio | CA$1.03M | CA$1.36M | CA$1.47M |
| CA$58.70M | CA$53.16M | CA$56.38M |
TGRO.TO vs. XEG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TGRO.TO TD Growth ETF Portfolio | 11.07% | 18.03% | 21.06% | 18.36% | -11.39% | 20.64% | 7.27% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 46.30% | 16.72% | 14.04% | 3.55% | 53.25% | 83.71% | 10.77% |
Correlation
The correlation between TGRO.TO and XEG.TO is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2020 | 0.21 |
The correlation between TGRO.TO and XEG.TO shifts across timeframes, from -0.12 (1 year) to 0.21 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
TGRO.TO vs. XEG.TO — Risk / Return Rank
TGRO.TO
XEG.TO
TGRO.TO vs. XEG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Growth ETF Portfolio (TGRO.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.
| TGRO.TO | XEG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.41 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 3.82 | -0.79 |
| Martin ratioReturn relative to average drawdown | 12.84 | 11.60 | +1.24 |
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Drawdowns
TGRO.TO vs. XEG.TO - Drawdown Comparison
The maximum TGRO.TO drawdown since its inception was -18.37%, smaller than the maximum XEG.TO drawdown of -87.51%. Use the drawdown chart below to compare losses from any high point for TGRO.TO and XEG.TO.
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Drawdown Indicators
| TGRO.TO | XEG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.37% | -87.51% | +69.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.21% | -16.47% | +9.26% |
Max Drawdown (3Y)Largest decline over 3 years | -13.53% | -25.67% | +12.14% |
Max Drawdown (5Y)Largest decline over 5 years | -18.37% | -28.42% | +10.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.66% | — |
Current DrawdownCurrent decline from peak | -1.15% | -2.70% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -3.42% | -34.46% | +31.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 5.44% | -3.74% |
Volatility
TGRO.TO vs. XEG.TO - Volatility Comparison
The current volatility for TD Growth ETF Portfolio (TGRO.TO) is 3.06%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 8.21%. This indicates that TGRO.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGRO.TO | XEG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 8.21% | -5.15% |
Volatility (6M)Calculated over the trailing 6-month period | 8.79% | 20.17% | -11.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.69% | 24.45% | -13.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.83% | 28.62% | -16.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.59% | 33.42% | -21.83% |
TGRO.TO vs. XEG.TO - Expense Ratio Comparison
TGRO.TO has a 0.17% expense ratio, which is lower than XEG.TO's 0.60% expense ratio.
Dividends
TGRO.TO vs. XEG.TO - Dividend Comparison
TGRO.TO's dividend yield for the trailing twelve months is around 1.73%, less than XEG.TO's 2.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGRO.TO TD Growth ETF Portfolio | 1.73% | 2.03% | 2.06% | 2.16% | 2.46% | 1.71% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.52% | 3.63% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% |
Frequently Asked Questions
TGRO.TO and XEG.TO have a correlation of -0.12, 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 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TGRO.TO is cheaper with a 0.17% expense ratio, compared with 0.60% for XEG.TO.
TGRO.TO is categorized as Diversified Portfolio, while XEG.TO is Energy Equities. They also come from different issuers: TD and iShares. Their fees differ too: 0.17% for TGRO.TO and 0.60% for XEG.TO.
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