TGRO.TO vs. XEQT.TO
Compare and contrast key facts about TD Growth ETF Portfolio (TGRO.TO) and iShares Core Equity ETF Portfolio (XEQT.TO).
TGRO.TO and XEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TGRO.TO is an actively managed fund by TD. It was launched on Aug 11, 2020. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGRO.TO or XEQT.TO.
Correlation
The correlation between TGRO.TO and XEQT.TO is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TGRO.TO vs. XEQT.TO - Performance Comparison
Key characteristics
TGRO.TO:
2.38
XEQT.TO:
2.26
TGRO.TO:
3.39
XEQT.TO:
3.19
TGRO.TO:
1.44
XEQT.TO:
1.41
TGRO.TO:
3.91
XEQT.TO:
3.48
TGRO.TO:
15.51
XEQT.TO:
15.83
TGRO.TO:
1.37%
XEQT.TO:
1.46%
TGRO.TO:
8.95%
XEQT.TO:
10.21%
TGRO.TO:
-18.38%
XEQT.TO:
-29.74%
TGRO.TO:
-1.75%
XEQT.TO:
-1.81%
Returns By Period
In the year-to-date period, TGRO.TO achieves a 2.54% return, which is significantly lower than XEQT.TO's 2.88% return.
TGRO.TO
2.54%
-0.28%
8.59%
19.50%
N/A
N/A
XEQT.TO
2.88%
-0.37%
10.03%
21.51%
11.39%
N/A
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TGRO.TO vs. XEQT.TO - Expense Ratio Comparison
TGRO.TO has a 0.15% expense ratio, which is lower than XEQT.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%.
Risk-Adjusted Performance
TGRO.TO vs. XEQT.TO — Risk-Adjusted Performance Rank
TGRO.TO
XEQT.TO
TGRO.TO vs. XEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Growth ETF Portfolio (TGRO.TO) and iShares Core Equity ETF Portfolio (XEQT.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.
Dividends
TGRO.TO vs. XEQT.TO - Dividend Comparison
TGRO.TO's dividend yield for the trailing twelve months is around 2.03%, more than XEQT.TO's 1.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
TGRO.TO TD Growth ETF Portfolio | 2.03% | 2.03% | 2.16% | 2.45% | 1.57% | 0.83% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.97% | 2.03% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% |
Drawdowns
TGRO.TO vs. XEQT.TO - Drawdown Comparison
The maximum TGRO.TO drawdown since its inception was -18.38%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for TGRO.TO and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
TGRO.TO vs. XEQT.TO - Volatility Comparison
TD Growth ETF Portfolio (TGRO.TO) and iShares Core Equity ETF Portfolio (XEQT.TO) have volatilities of 2.75% and 2.88%, 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.