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

VGRO.TO vs. CSBG.NEO

Last updated Jun 5, 2026

VGRO.TO (Vanguard Growth 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, VGRO.TO returned 18.25%/yr vs 0.80%/yr for CSBG.NEO. At a 0.02 correlation, their price movements are largely independent. VGRO.TO charges 0.20%/yr vs 0.90%/yr for CSBG.NEO.

Performance

VGRO.TO vs. CSBG.NEO - Performance Comparison

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

VGRO.TO

1D
0.57%
1M
5.12%
YTD
10.97%
6M
9.68%
1Y
25.48%
3Y*
18.25%
5Y*
11.00%
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)

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

2026 (YTD)20252024202320222021
VGRO.TO
Vanguard Growth ETF Portfolio		10.97%16.11%19.27%14.79%-11.21%5.41%
CSBG.NEO
CIBC Sustainable Balanced Growth Solution ETF		0.00%0.00%1.17%1.22%1.69%2.60%

Correlation

The correlation between VGRO.TO and CSBG.NEO is 0.02, 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

0.01

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2021

0.02

Compare stocks, funds, or ETFs

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

Vanguard Growth ETF Portfolio

CIBC Sustainable Balanced Growth Solution ETF

Often compared with VGRO.TO:
VGRO.TO vs. VEQT.TOVGRO.TO vs. XEQT.TOVGRO.TO vs. VBAL.TOVGRO.TO vs. XGRO.TOVGRO.TO vs. VDY.TOVGRO.TO vs. TGRO.TOVGRO.TO vs. ZGRO.TO
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. CCAD.TOCSBG.NEO vs. ATMP

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VGRO.TO
VGRO.TO Risk / Return Rank: 8181
Overall Rank
VGRO.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
VGRO.TO Sortino Ratio Rank: 8484
Sortino Ratio Rank
VGRO.TO Omega Ratio Rank: 8383
Omega Ratio Rank
VGRO.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
VGRO.TO Martin Ratio Rank: 8181
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.

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

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

VGRO.TOCSBG.NEODifference
Sharpe ratioReturn per unit of total volatility
2.66

—

—

Sortino ratioReturn per unit of downside risk
3.72

—

—

Omega ratioGain probability vs. loss probability

1.50

—

—

Calmar ratioReturn relative to maximum drawdown

3.65

—

—

Martin ratioReturn relative to average drawdown

15.92

—

—

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

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

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Sharpe Ratios by Period

VGRO.TOCSBG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.66

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.04

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

1.08

-0.26

Drawdowns

VGRO.TO vs. CSBG.NEO - Drawdown Comparison

The maximum VGRO.TO drawdown since its inception was -25.36%, 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 VGRO.TO and CSBG.NEO.

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Drawdown Indicators

VGRO.TOCSBG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-25.36%

0.00%

-25.36%

Max Drawdown (1Y)

Largest decline over 1 year

-7.01%

0.00%

-7.01%

Max Drawdown (3Y)

Largest decline over 3 years

-12.50%

0.00%

-12.50%

Max Drawdown (5Y)

Largest decline over 5 years

-17.39%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-3.41%

0.00%

-3.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

0.00%

+1.60%

Volatility

VGRO.TO vs. CSBG.NEO - Volatility Comparison

Vanguard Growth ETF Portfolio (VGRO.TO) has a higher volatility of 3.18% compared to CIBC Sustainable Balanced Growth Solution ETF (CSBG.NEO) at 0.00%. This indicates that VGRO.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

VGRO.TOCSBG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

0.00%

+3.18%

Volatility (6M)

Calculated over the trailing 6-month period

7.88%

0.00%

+7.88%

Volatility (1Y)

Calculated over the trailing 1-year period

9.63%

0.00%

+9.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.64%

1.27%

+9.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.53%

1.27%

+11.26%

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

VGRO.TO has a 0.20% expense ratio, which is lower than CSBG.NEO's 0.90% expense ratio.

Dividends

VGRO.TO vs. CSBG.NEO - Dividend Comparison

VGRO.TO's dividend yield for the trailing twelve months is around 1.70%, 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%
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 CSBG.NEO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

VGRO.TO is cheaper with a 0.20% expense ratio, compared with 0.90% for CSBG.NEO.

They also come from different issuers: Vanguard and CIBC. Their fees differ too: 0.20% for VGRO.TO and 0.90% for CSBG.NEO.

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