PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VGRO.TO vs. GEQT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VGRO.TO vs. GEQT.TO

Last updated Jun 5, 2026

VGRO.TO (Vanguard Growth ETF Portfolio) and GEQT.TO (iShares ESG Equity ETF Portfolio) are both exchange-traded funds - VGRO.TO is a Diversified Portfolio fund actively managed by Vanguard, while GEQT.TO is a Global Equities fund actively managed by iShares. Both are actively managed. Over the past 5 years, VGRO.TO returned 11.00%/yr vs 14.58%/yr for GEQT.TO. A 0.77 correlation means they provide meaningful diversification when combined. VGRO.TO charges 0.20%/yr vs 0.25%/yr for GEQT.TO.

Performance

VGRO.TO vs. GEQT.TO - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, VGRO.TO achieves a 10.97% return, which is significantly lower than GEQT.TO's 14.97% return.

VGRO.TO

1D
0.57%
1M
5.12%
YTD
10.97%
6M
9.68%
1Y
25.48%
3Y*
18.25%
5Y*
11.00%
10Y*
—

GEQT.TO

1D
0.26%
1M
8.29%
YTD
14.97%
6M
12.26%
1Y
29.36%
3Y*
23.48%
5Y*
14.58%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VGRO.TO vs. GEQT.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
VGRO.TO
Vanguard Growth ETF Portfolio		10.97%16.11%19.27%14.79%-11.21%14.79%9.05%
GEQT.TO
iShares ESG Equity ETF Portfolio		14.97%17.85%25.42%22.35%-15.18%21.99%9.67%

Correlation

The correlation between VGRO.TO and GEQT.TO is 0.88, 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

0.88

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

0.80

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

0.79

Correlation (All Time)
Calculated using the full available price history since Sep 11, 2020

0.77

The correlation between VGRO.TO and GEQT.TO shifts across timeframes, from 0.77 (all time) to 0.88 (1 year), reflecting how their relationship changes across market environments.

VGRO.TO vs. GEQT.TO - Sectors Allocation Comparison

Sectors
VGRO.TO
GEQT.TO

Financial Services

20.6%
28.2%

Technology

20.3%
35.8%

Industrials

11.6%
8.4%

Energy

8.7%
0.1%

Basic Materials

8.6%
7.4%

Consumer Cyclical

7.8%
4.8%

Healthcare

6.7%
4.5%

Communication Services

6.0%
2.8%

Consumer Defensive

4.6%
2.6%

Utilities

2.8%
1.0%

Real Estate

2.3%
2.7%

Financial Services

VGRO.TO
20.6%
GEQT.TO
28.2%

Technology

VGRO.TO
20.3%
GEQT.TO
35.8%

Industrials

VGRO.TO
11.6%
GEQT.TO
8.4%

Energy

VGRO.TO
8.7%
GEQT.TO
0.1%

Basic Materials

VGRO.TO
8.6%
GEQT.TO
7.4%

Consumer Cyclical

VGRO.TO
7.8%
GEQT.TO
4.8%

Healthcare

VGRO.TO
6.7%
GEQT.TO
4.5%

Communication Services

VGRO.TO
6.0%
GEQT.TO
2.8%

Consumer Defensive

VGRO.TO
4.6%
GEQT.TO
2.6%

Utilities

VGRO.TO
2.8%
GEQT.TO
1.0%

Real Estate

VGRO.TO
2.3%
GEQT.TO
2.7%

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

iShares ESG Equity ETF Portfolio

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 GEQT.TO:
GEQT.TO vs. XEQT.TOGEQT.TO vs. GGRO.TOGEQT.TO vs. ZAG.TOGEQT.TO vs. GBAL.TOGEQT.TO vs. XEN.TOGEQT.TO vs. XBAL.TOGEQT.TO vs. VT

Return for Risk

VGRO.TO vs. GEQT.TO — 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
GEQT.TO
GEQT.TO Risk / Return Rank: 6767
Overall Rank
GEQT.TO Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
GEQT.TO Sortino Ratio Rank: 6565
Sortino Ratio Rank
GEQT.TO Omega Ratio Rank: 6565
Omega Ratio Rank
GEQT.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
GEQT.TO Martin Ratio Rank: 7171
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.

VGRO.TO vs. GEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF Portfolio (VGRO.TO) and iShares ESG Equity ETF Portfolio (GEQT.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.TOGEQT.TODifference
Sharpe ratioReturn per unit of total volatility
2.66
2.15

+0.50

Sortino ratioReturn per unit of downside risk
3.72
2.97

+0.75

Omega ratioGain probability vs. loss probability

1.50

1.39

+0.11

Calmar ratioReturn relative to maximum drawdown

3.65

3.18

+0.48

Martin ratioReturn relative to average drawdown

15.92

13.15

+2.76

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. GEQT.TO - Sharpe Ratio Comparison

The current VGRO.TO Sharpe Ratio is 2.66, which is comparable to the GEQT.TO Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of VGRO.TO and GEQT.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

VGRO.TOGEQT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.66

2.15

+0.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.04

1.03

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

1.17

-0.35

Drawdowns

VGRO.TO vs. GEQT.TO - Drawdown Comparison

The maximum VGRO.TO drawdown since its inception was -25.36%, which is greater than GEQT.TO's maximum drawdown of -23.64%. Use the drawdown chart below to compare losses from any high point for VGRO.TO and GEQT.TO.

Loading charts...

Drawdown Indicators

VGRO.TOGEQT.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.36%

-23.64%

-1.72%

Max Drawdown (1Y)

Largest decline over 1 year

-7.01%

-9.29%

+2.28%

Max Drawdown (3Y)

Largest decline over 3 years

-12.50%

-17.01%

+4.51%

Max Drawdown (5Y)

Largest decline over 5 years

-17.39%

-23.64%

+6.25%

Current Drawdown

Current decline from peak

0.00%

-0.16%

+0.16%

Average Drawdown

Average peak-to-trough decline

-3.41%

-4.94%

+1.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

2.24%

-0.64%

Volatility

VGRO.TO vs. GEQT.TO - Volatility Comparison

The current volatility for Vanguard Growth ETF Portfolio (VGRO.TO) is 3.18%, while iShares ESG Equity ETF Portfolio (GEQT.TO) has a volatility of 4.07%. This indicates that VGRO.TO experiences smaller price fluctuations and is considered to be less risky than GEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VGRO.TOGEQT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

4.07%

-0.89%

Volatility (6M)

Calculated over the trailing 6-month period

7.88%

11.44%

-3.56%

Volatility (1Y)

Calculated over the trailing 1-year period

9.63%

13.71%

-4.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.64%

14.22%

-3.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.53%

13.92%

-1.39%

VGRO.TO vs. GEQT.TO - Expense Ratio Comparison

VGRO.TO has a 0.20% expense ratio, which is lower than GEQT.TO's 0.25% 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

VGRO.TO vs. GEQT.TO - Dividend Comparison

VGRO.TO's dividend yield for the trailing twelve months is around 1.70%, more than GEQT.TO's 1.10% yield.

PositionTTM20252024202320222021202020192018
GEQT.TO
iShares ESG Equity ETF Portfolio		1.10%1.25%1.38%1.58%1.82%1.32%0.87%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 GEQT.TO have a correlation of 0.88, 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 0.25% for GEQT.TO.

VGRO.TO is categorized as Diversified Portfolio, while GEQT.TO is Global Equities. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.20% for VGRO.TO and 0.25% for GEQT.TO.

Portfolio Optimizer

Find the right allocation for VGRO.TO and GEQT.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