VGRO.TO vs. AC.TO
VGRO.TO (Vanguard Growth ETF Portfolio) is Diversified Portfolio fund actively managed by Vanguard, while AC.TO (Air Canada) is a stock. Over the past 5 years, VGRO.TO returned 11.00%/yr vs -4.61%/yr for AC.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
VGRO.TO vs. AC.TO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with VGRO.TO having a 10.97% return and AC.TO slightly lower at 10.58%.
VGRO.TO
- 1D
- 0.57%
- 1M
- 5.12%
- YTD
- 10.97%
- 6M
- 9.68%
- 1Y
- 25.48%
- 3Y*
- 18.25%
- 5Y*
- 11.00%
- 10Y*
- —
AC.TO
- 1D
- -0.33%
- 1M
- 13.46%
- YTD
- 10.58%
- 6M
- 12.26%
- 1Y
- 13.70%
- 3Y*
- -0.85%
- 5Y*
- -4.61%
- 10Y*
- 8.08%
VGRO.TO vs. AC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VGRO.TO Vanguard Growth ETF Portfolio | 10.97% | 16.11% | 19.27% | 14.79% | -11.21% | 14.79% | 10.85% | 17.74% | -4.13% |
AC.TO Air Canada | 10.58% | -13.34% | 19.10% | -3.61% | -8.23% | -7.20% | -53.06% | 86.86% | 8.85% |
Correlation
The correlation between VGRO.TO and AC.TO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2018 | 0.43 |
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Return for Risk
VGRO.TO vs. AC.TO — Risk / Return Rank
VGRO.TO
AC.TO
VGRO.TO vs. AC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF Portfolio (VGRO.TO) and Air Canada (AC.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.
| VGRO.TO | AC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +2.94 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.10 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 0.48 | +3.18 |
| Martin ratioReturn relative to average drawdown | 15.92 | 0.79 | +15.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGRO.TO | AC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.66 | 0.41 | +2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | -0.13 | +1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.01 | +0.81 |
Drawdowns
VGRO.TO vs. AC.TO - Drawdown Comparison
The maximum VGRO.TO drawdown since its inception was -25.36%, smaller than the maximum AC.TO drawdown of -96.09%. Use the drawdown chart below to compare losses from any high point for VGRO.TO and AC.TO.
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Drawdown Indicators
| VGRO.TO | AC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.36% | -96.09% | +70.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.01% | -28.90% | +21.89% |
Max Drawdown (3Y)Largest decline over 3 years | -12.50% | -50.48% | +37.98% |
Max Drawdown (5Y)Largest decline over 5 years | -17.39% | -55.34% | +37.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -76.67% | — |
Current DrawdownCurrent decline from peak | 0.00% | -59.05% | +59.05% |
Average DrawdownAverage peak-to-trough decline | -3.41% | -56.60% | +53.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 17.33% | -15.73% |
Volatility
VGRO.TO vs. AC.TO - Volatility Comparison
The current volatility for Vanguard Growth ETF Portfolio (VGRO.TO) is 3.18%, while Air Canada (AC.TO) has a volatility of 9.87%. This indicates that VGRO.TO experiences smaller price fluctuations and is considered to be less risky than AC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGRO.TO | AC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 9.87% | -6.69% |
Volatility (6M)Calculated over the trailing 6-month period | 7.88% | 25.12% | -17.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.63% | 33.18% | -23.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.64% | 35.43% | -24.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.53% | 42.46% | -29.93% |
Dividends
VGRO.TO vs. AC.TO - Dividend Comparison
VGRO.TO's dividend yield for the trailing twelve months is around 1.70%, while AC.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AC.TO Air Canada | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGRO.TO Vanguard Growth ETF Portfolio | 1.70% | 1.88% | 2.01% | 2.13% | 2.14% | 1.80% | 1.77% | 2.17% | 2.09% |
Frequently Asked Questions
VGRO.TO and AC.TO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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