PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VCIP.TO vs. XGRO.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VCIP.TO vs. XGRO.TO

Last updated Jun 4, 2026

VCIP.TO (Vanguard Conservative Income ETF Portfolio) and XGRO.TO (iShares Core Growth ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past 5 years, VCIP.TO returned 2.56%/yr vs 10.83%/yr for XGRO.TO. A 0.58 correlation means they provide meaningful diversification when combined. VCIP.TO charges 0.25%/yr vs 0.20%/yr for XGRO.TO.

Performance

VCIP.TO vs. XGRO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Conservative Income ETF Portfolio (VCIP.TO) and iShares Core Growth ETF Portfolio (XGRO.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, VCIP.TO achieves a 3.28% return, which is significantly lower than XGRO.TO's 10.38% return.

VCIP.TO

1D
-0.24%
1M
2.22%
YTD
3.28%
6M
2.14%
1Y
7.45%
3Y*
6.78%
5Y*
2.56%
10Y*
—

XGRO.TO

1D
-0.18%
1M
5.42%
YTD
10.38%
6M
8.74%
1Y
23.44%
3Y*
17.87%
5Y*
10.83%
10Y*
10.20%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VCIP.TO vs. XGRO.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
VCIP.TO
Vanguard Conservative Income ETF Portfolio		3.28%5.36%6.89%8.31%-12.19%1.41%8.46%7.24%
XGRO.TO
iShares Core Growth ETF Portfolio		10.38%15.59%19.53%15.01%-11.08%14.29%11.51%11.90%

Correlation

The correlation between VCIP.TO and XGRO.TO is 0.72, 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

0.72

Correlation (3Y)
Calculated over the trailing 3-year period

0.65

Correlation (5Y)
Calculated over the trailing 5-year period

0.60

Correlation (All Time)
Calculated using the full available price history since Feb 6, 2019

0.58

The correlation between VCIP.TO and XGRO.TO shifts across timeframes, from 0.58 (all time) to 0.72 (1 year), reflecting how their relationship changes across market environments.

VCIP.TO vs. XGRO.TO - Sectors Allocation Comparison

Sectors
VCIP.TO
XGRO.TO

Financial Services

20.6%
20.3%

Technology

20.5%
25.8%

Industrials

11.6%
7.3%

Energy

8.6%
7.2%

Basic Materials

8.5%
5.6%

Consumer Cyclical

7.9%
6.3%

Healthcare

6.7%
5.1%

Communication Services

6.1%
6.8%

Consumer Defensive

4.6%
3.8%

Utilities

2.8%
1.5%

Real Estate

2.3%
0.4%

Financial Services

VCIP.TO
20.6%
XGRO.TO
20.3%

Technology

VCIP.TO
20.5%
XGRO.TO
25.8%

Industrials

VCIP.TO
11.6%
XGRO.TO
7.3%

Energy

VCIP.TO
8.6%
XGRO.TO
7.2%

Basic Materials

VCIP.TO
8.5%
XGRO.TO
5.6%

Consumer Cyclical

VCIP.TO
7.9%
XGRO.TO
6.3%

Healthcare

VCIP.TO
6.7%
XGRO.TO
5.1%

Communication Services

VCIP.TO
6.1%
XGRO.TO
6.8%

Consumer Defensive

VCIP.TO
4.6%
XGRO.TO
3.8%

Utilities

VCIP.TO
2.8%
XGRO.TO
1.5%

Real Estate

VCIP.TO
2.3%
XGRO.TO
0.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Conservative Income ETF Portfolio

iShares Core Growth ETF Portfolio

Often compared with VCIP.TO:
VCIP.TO vs. VCNS.TOVCIP.TO vs. VEQT.TOVCIP.TO vs. XCNS.TOVCIP.TO vs. NUBF.TOVCIP.TO vs. XBAL.TOVCIP.TO vs. VBAL.TOVCIP.TO vs. VAB.TO
Often compared with XGRO.TO:
XGRO.TO vs. XEQT.TOXGRO.TO vs. VGRO.TOXGRO.TO vs. VEQT.TOXGRO.TO vs. XCG.TOXGRO.TO vs. TGRO.TOXGRO.TO vs. ZGRO.TOXGRO.TO vs. XAW.TO

Return for Risk

VCIP.TO vs. XGRO.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VCIP.TO
VCIP.TO Risk / Return Rank: 4444
Overall Rank
VCIP.TO Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
VCIP.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
VCIP.TO Omega Ratio Rank: 4848
Omega Ratio Rank
VCIP.TO Calmar Ratio Rank: 3939
Calmar Ratio Rank
VCIP.TO Martin Ratio Rank: 4242
Martin Ratio Rank
XGRO.TO
XGRO.TO Risk / Return Rank: 6767
Overall Rank
XGRO.TO Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
XGRO.TO Sortino Ratio Rank: 6565
Sortino Ratio Rank
XGRO.TO Omega Ratio Rank: 6767
Omega Ratio Rank
XGRO.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
XGRO.TO Martin Ratio Rank: 7575
Martin Ratio Rank
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.

VCIP.TO vs. XGRO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Conservative Income ETF Portfolio (VCIP.TO) and iShares Core Growth ETF Portfolio (XGRO.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.

VCIP.TOXGRO.TODifference
Sharpe ratioReturn per unit of total volatility
1.59
2.18

-0.59

Sortino ratioReturn per unit of downside risk
2.26
3.09

-0.83

Omega ratioGain probability vs. loss probability

1.30

1.41

-0.11

Calmar ratioReturn relative to maximum drawdown

1.97

3.30

-1.34

Martin ratioReturn relative to average drawdown

6.71

14.67

-7.96

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

VCIP.TO vs. XGRO.TO - Sharpe Ratio Comparison

The current VCIP.TO Sharpe Ratio is 1.59, which is comparable to the XGRO.TO Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of VCIP.TO and XGRO.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

VCIP.TOXGRO.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.59

2.18

-0.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.99

-0.54

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.84

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.35

+0.24

Drawdowns

VCIP.TO vs. XGRO.TO - Drawdown Comparison

The maximum VCIP.TO drawdown since its inception was -15.88%, smaller than the maximum XGRO.TO drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for VCIP.TO and XGRO.TO.

Loading charts...

Drawdown Indicators

VCIP.TOXGRO.TODifference

Max Drawdown

Largest peak-to-trough decline

-15.88%

-47.97%

+32.09%

Max Drawdown (1Y)

Largest decline over 1 year

-3.80%

-7.12%

+3.32%

Max Drawdown (3Y)

Largest decline over 3 years

-4.64%

-12.47%

+7.83%

Max Drawdown (5Y)

Largest decline over 5 years

-15.88%

-18.40%

+2.52%

Max Drawdown (10Y)

Largest decline over 10 years

—

-25.85%

—

Current Drawdown

Current decline from peak

-0.24%

-0.18%

-0.06%

Average Drawdown

Average peak-to-trough decline

-3.61%

-8.49%

+4.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.11%

1.60%

-0.49%

Volatility

VCIP.TO vs. XGRO.TO - Volatility Comparison

The current volatility for Vanguard Conservative Income ETF Portfolio (VCIP.TO) is 1.86%, while iShares Core Growth ETF Portfolio (XGRO.TO) has a volatility of 3.43%. This indicates that VCIP.TO experiences smaller price fluctuations and is considered to be less risky than XGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VCIP.TOXGRO.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.86%

3.43%

-1.57%

Volatility (6M)

Calculated over the trailing 6-month period

3.94%

9.19%

-5.25%

Volatility (1Y)

Calculated over the trailing 1-year period

4.70%

10.78%

-6.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.72%

11.05%

-5.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.25%

12.26%

-6.01%

VCIP.TO vs. XGRO.TO - Expense Ratio Comparison

VCIP.TO has a 0.25% expense ratio, which is higher than XGRO.TO's 0.20% 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

VCIP.TO vs. XGRO.TO - Dividend Comparison

VCIP.TO's dividend yield for the trailing twelve months is around 2.87%, more than XGRO.TO's 1.76% yield.

PositionTTM20252024202320222021202020192018201720162015
VCIP.TO
Vanguard Conservative Income ETF Portfolio		2.87%2.93%2.89%2.75%2.28%2.22%1.85%2.07%0.00%0.00%0.00%0.00%
XGRO.TO
iShares Core Growth ETF Portfolio		1.76%1.92%1.98%2.22%1.86%1.66%1.94%2.21%7.42%2.04%2.65%2.15%

Frequently Asked Questions

VCIP.TO and XGRO.TO have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XGRO.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XGRO.TO is cheaper with a 0.20% expense ratio, compared with 0.25% for VCIP.TO.

They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.25% for VCIP.TO and 0.20% for XGRO.TO.

Portfolio Optimizer

Find the right allocation for VCIP.TO and XGRO.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer