PortfoliosLab logoPortfoliosLab logo

Documentation

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

VFV.TO vs. XGRO.TO

Last updated Jun 13, 2026

VFV.TO (Vanguard S&P 500 Index ETF) and XGRO.TO (iShares Core Growth ETF Portfolio) are both exchange-traded funds - VFV.TO is a S&P 500 fund tracking the S&P 500 Index, while XGRO.TO is a Diversified Portfolio fund actively managed by iShares. VFV.TO is passively managed, while XGRO.TO is actively managed. Over the past 10 years, VFV.TO returned 16.12%/yr vs 10.48%/yr for XGRO.TO. A 0.64 correlation means they provide meaningful diversification when combined. VFV.TO charges 0.09%/yr vs 0.20%/yr for XGRO.TO.

Performance

VFV.TO vs. XGRO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard S&P 500 Index ETF (VFV.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, VFV.TO achieves a 11.07% return, which is significantly higher than XGRO.TO's 10.06% return. Over the past 10 years, VFV.TO has outperformed XGRO.TO with an annualized return of 16.12%, while XGRO.TO has yielded a comparatively lower 10.48% annualized return.

VFV.TO

1D
0.74%
1M
1.97%
YTD
11.07%
6M
10.94%
1Y
27.54%
3Y*
22.63%
5Y*
16.33%
10Y*
16.12%

XGRO.TO

1D
0.47%
1M
2.38%
YTD
10.06%
6M
9.06%
1Y
22.44%
3Y*
17.83%
5Y*
10.71%
10Y*
10.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
VFV.TO
Vanguard S&P 500 Index ETF		11.07%12.18%35.23%23.23%-12.58%27.51%15.61%25.14%2.95%13.69%
XGRO.TO
iShares Core Growth ETF Portfolio		10.06%15.62%20.17%15.06%-11.05%14.34%11.58%18.04%-6.52%11.67%

Correlation

The correlation between VFV.TO and XGRO.TO is 0.83, 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

0.83

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

0.85

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

0.87

Correlation (10Y)
Calculated over the trailing 10-year period

0.74

Correlation (All Time)
Calculated using the full available price history since Nov 8, 2012

0.64

The correlation between VFV.TO and XGRO.TO shifts across timeframes, from 0.64 (all time) to 0.87 (5 years), reflecting how their relationship changes across market environments.

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

Sectors
VFV.TO
XGRO.TO

Technology

35.7%
21.9%

Financial Services

11.6%
17.8%

Communication Services

11.3%
5.8%

Consumer Cyclical

10.2%
6.1%

Healthcare

8.5%
5.0%

Industrials

8.3%
8.3%

Consumer Defensive

4.9%
3.6%

Energy

3.5%
6.4%

Utilities

2.4%
1.9%

Real Estate

1.9%
0.7%

Basic Materials

1.8%
5.8%

Technology

VFV.TO
35.7%
XGRO.TO
21.9%

Financial Services

VFV.TO
11.6%
XGRO.TO
17.8%

Communication Services

VFV.TO
11.3%
XGRO.TO
5.8%

Consumer Cyclical

VFV.TO
10.2%
XGRO.TO
6.1%

Healthcare

VFV.TO
8.5%
XGRO.TO
5.0%

Industrials

VFV.TO
8.3%
XGRO.TO
8.3%

Consumer Defensive

VFV.TO
4.9%
XGRO.TO
3.6%

Energy

VFV.TO
3.5%
XGRO.TO
6.4%

Utilities

VFV.TO
2.4%
XGRO.TO
1.9%

Real Estate

VFV.TO
1.9%
XGRO.TO
0.7%

Basic Materials

VFV.TO
1.8%
XGRO.TO
5.8%

Compare stocks, funds, or ETFs

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

Vanguard S&P 500 Index ETF

iShares Core Growth ETF Portfolio

Often compared with VFV.TO:
VFV.TO vs. XEQT.TOVFV.TO vs. VEQT.TOVFV.TO vs. VOOVFV.TO vs. QQC.TOVFV.TO vs. VSP.TOVFV.TO vs. VCN.TOVFV.TO vs. XQQ.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VFV.TO
VFV.TO Risk / Return Rank: 7979
Overall Rank
VFV.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
VFV.TO Sortino Ratio Rank: 8181
Sortino Ratio Rank
VFV.TO Omega Ratio Rank: 8383
Omega Ratio Rank
VFV.TO Calmar Ratio Rank: 7373
Calmar Ratio Rank
VFV.TO Martin Ratio Rank: 7474
Martin Ratio Rank
XGRO.TO
XGRO.TO Risk / Return Rank: 7575
Overall Rank
XGRO.TO Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
XGRO.TO Sortino Ratio Rank: 7575
Sortino Ratio Rank
XGRO.TO Omega Ratio Rank: 7575
Omega Ratio Rank
XGRO.TO Calmar Ratio Rank: 7272
Calmar Ratio Rank
XGRO.TO Martin Ratio Rank: 8181
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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Index ETF (VFV.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.

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.

VFV.TOXGRO.TODifference
Sharpe ratioReturn per unit of total volatility
2.33
2.03

+0.30

Sortino ratioReturn per unit of downside risk
3.14
2.89

+0.25

Omega ratioGain probability vs. loss probability

1.43

1.38

+0.05

Calmar ratioReturn relative to maximum drawdown

3.21

3.16

+0.05

Martin ratioReturn relative to average drawdown

12.10

13.90

-1.80

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

The current VFV.TO Sharpe Ratio is 2.33, which is comparable to the XGRO.TO Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of VFV.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...

Drawdowns

VFV.TO vs. XGRO.TO - Drawdown Comparison

The maximum VFV.TO drawdown since its inception was -27.43%, smaller than the maximum XGRO.TO drawdown of -47.99%. Use the drawdown chart below to compare losses from any high point for VFV.TO and XGRO.TO.

Loading charts...

Drawdown Indicators

VFV.TOXGRO.TODifference

Max Drawdown

Largest peak-to-trough decline

-27.43%

-47.99%

+20.56%

Max Drawdown (1Y)

Largest decline over 1 year

-8.62%

-7.12%

-1.50%

Max Drawdown (3Y)

Largest decline over 3 years

-19.05%

-12.47%

-6.58%

Max Drawdown (5Y)

Largest decline over 5 years

-22.19%

-18.38%

-3.81%

Max Drawdown (10Y)

Largest decline over 10 years

-27.43%

-25.85%

-1.58%

Current Drawdown

Current decline from peak

-1.46%

-0.57%

-0.89%

Average Drawdown

Average peak-to-trough decline

-3.35%

-8.50%

+5.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.28%

1.62%

+0.66%

Volatility

VFV.TO vs. XGRO.TO - Volatility Comparison

Vanguard S&P 500 Index ETF (VFV.TO) has a higher volatility of 4.49% compared to iShares Core Growth ETF Portfolio (XGRO.TO) at 3.96%. This indicates that VFV.TO's price experiences larger fluctuations and is considered to be riskier than XGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VFV.TOXGRO.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.49%

3.96%

+0.53%

Volatility (6M)

Calculated over the trailing 6-month period

9.22%

9.53%

-0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

11.86%

11.09%

+0.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.99%

11.09%

+3.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.60%

13.37%

+3.23%

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

VFV.TO has a 0.09% expense ratio, which is lower than XGRO.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

VFV.TO vs. XGRO.TO - Dividend Comparison

VFV.TO's dividend yield for the trailing twelve months is around 0.84%, less than XGRO.TO's 1.78% yield.

PositionTTM20252024202320222021202020192018201720162015
VFV.TO
Vanguard S&P 500 Index ETF		0.84%0.92%0.99%1.20%1.31%1.06%1.33%1.55%1.69%1.51%1.65%1.63%
XGRO.TO
iShares Core Growth ETF Portfolio		1.78%1.94%2.01%2.27%1.89%1.70%1.99%2.27%7.62%2.09%2.70%2.17%

Frequently Asked Questions

VFV.TO and XGRO.TO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VFV.TO is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VFV.TO is cheaper with a 0.09% expense ratio, compared with 0.20% for XGRO.TO.

VFV.TO is categorized as S&P 500, while XGRO.TO is Diversified Portfolio. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.09% for VFV.TO and 0.20% for XGRO.TO.

Portfolio Optimizer

Find the right allocation for VFV.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