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

VBAL.TO vs. CSBG.NEO

Last updated Jun 4, 2026

VBAL.TO (Vanguard Balanced ETF Portfolio) and CSBG.NEO (CIBC Sustainable Balanced Growth Solution ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past 3 years, VBAL.TO returned 13.79%/yr vs 0.80%/yr for CSBG.NEO. At a 0.03 correlation, their price movements are largely independent. VBAL.TO charges 0.24%/yr vs 0.90%/yr for CSBG.NEO.

Performance

VBAL.TO vs. CSBG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Balanced ETF Portfolio (VBAL.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

VBAL.TO

1D
-0.30%
1M
4.26%
YTD
8.13%
6M
6.49%
1Y
18.31%
3Y*
13.79%
5Y*
7.87%
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)

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

2026 (YTD)20252024202320222021
VBAL.TO
Vanguard Balanced ETF Portfolio		8.13%11.88%14.56%12.43%-11.44%3.82%
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF		0.00%0.00%1.17%1.22%1.69%2.60%

Correlation

The correlation between VBAL.TO and CSBG.NEO is 0.03, 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

0.03

Compare stocks, funds, or ETFs

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Vanguard Balanced ETF Portfolio

CIBC Sustainable Balanced Growth Solution ETF

Often compared with VBAL.TO:
VBAL.TO vs. VGRO.TOVBAL.TO vs. XBAL.TOVBAL.TO vs. VEQT.TOVBAL.TO vs. XEQT.TOVBAL.TO vs. VCNS.TOVBAL.TO vs. VOOVBAL.TO vs. VT
Often compared with CSBG.NEO:
CSBG.NEO vs. CEQT.TOCSBG.NEO vs. GRO.TOCSBG.NEO vs. PYF.TOCSBG.NEO vs. TCON.TOCSBG.NEO vs. HBAL.TOCSBG.NEO vs. ATMPCSBG.NEO vs. CCAD.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VBAL.TO
VBAL.TO Risk / Return Rank: 6868
Overall Rank
VBAL.TO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
VBAL.TO Sortino Ratio Rank: 7171
Sortino Ratio Rank
VBAL.TO Omega Ratio Rank: 7171
Omega Ratio Rank
VBAL.TO Calmar Ratio Rank: 6161
Calmar Ratio Rank
VBAL.TO Martin Ratio Rank: 6969
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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced ETF Portfolio (VBAL.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.

VBAL.TOCSBG.NEODifference
Sharpe ratioReturn per unit of total volatility
2.30

—

—

Sortino ratioReturn per unit of downside risk
3.30

—

—

Omega ratioGain probability vs. loss probability

1.44

—

—

Calmar ratioReturn relative to maximum drawdown

3.10

—

—

Martin ratioReturn relative to average drawdown

13.17

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

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Sharpe Ratios by Period

VBAL.TOCSBG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.30

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.92

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.78

1.08

-0.30

Drawdowns

VBAL.TO vs. CSBG.NEO - Drawdown Comparison

The maximum VBAL.TO drawdown since its inception was -21.19%, 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 VBAL.TO and CSBG.NEO.

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Drawdown Indicators

VBAL.TOCSBG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-21.19%

0.00%

-21.19%

Max Drawdown (1Y)

Largest decline over 1 year

-5.93%

0.00%

-5.93%

Max Drawdown (3Y)

Largest decline over 3 years

-9.68%

0.00%

-9.68%

Max Drawdown (5Y)

Largest decline over 5 years

-16.45%

—

—

Current Drawdown

Current decline from peak

-0.30%

0.00%

-0.30%

Average Drawdown

Average peak-to-trough decline

-3.17%

0.00%

-3.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.39%

0.00%

+1.39%

Volatility

VBAL.TO vs. CSBG.NEO - Volatility Comparison

Vanguard Balanced ETF Portfolio (VBAL.TO) has a higher volatility of 2.73% compared to CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) at 0.00%. This indicates that VBAL.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

VBAL.TOCSBG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.73%

0.00%

+2.73%

Volatility (6M)

Calculated over the trailing 6-month period

6.59%

0.00%

+6.59%

Volatility (1Y)

Calculated over the trailing 1-year period

7.99%

0.00%

+7.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.63%

1.27%

+7.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.09%

1.27%

+8.82%

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

VBAL.TO has a 0.24% expense ratio, which is lower than CSBG.NEO's 0.90% expense ratio.

Dividends

VBAL.TO vs. CSBG.NEO - Dividend Comparison

VBAL.TO's dividend yield for the trailing twelve months is around 2.05%, while CSBG.NEO has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF		0.00%0.00%1.16%1.21%1.66%0.00%0.00%0.00%0.00%
VBAL.TO
Vanguard Balanced ETF Portfolio		2.05%2.21%2.26%2.32%2.16%1.91%1.79%2.20%1.99%

Frequently Asked Questions

VBAL.TO and CSBG.NEO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VBAL.TO is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VBAL.TO is cheaper with a 0.24% expense ratio, compared with 0.90% for CSBG.NEO.

They also come from different issuers: Vanguard and CIBC. Their fees differ too: 0.24% for VBAL.TO and 0.90% for CSBG.NEO.

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