PortfoliosLab logoPortfoliosLab logo

Documentation

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

VGRO.TO vs. VFV.TO

Last updated Jun 5, 2026

VGRO.TO (Vanguard Growth ETF Portfolio) and VFV.TO (Vanguard S&P 500 Index ETF) are both exchange-traded funds - VGRO.TO is a Diversified Portfolio fund actively managed by Vanguard, while VFV.TO is a S&P 500 fund tracking the S&P 500 Index. VGRO.TO is actively managed, while VFV.TO is passively managed. Over the past 5 years, VGRO.TO returned 11.00%/yr vs 16.92%/yr for VFV.TO. Their correlation of 0.89 suggests significant overlap in exposure. VGRO.TO charges 0.20%/yr vs 0.09%/yr for VFV.TO.

Performance

VGRO.TO vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Growth ETF Portfolio (VGRO.TO) and Vanguard S&P 500 Index ETF (VFV.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 VFV.TO's 12.72% 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*
—

VFV.TO

1D
0.37%
1M
6.75%
YTD
12.72%
6M
10.73%
1Y
30.31%
3Y*
23.71%
5Y*
16.92%
10Y*
16.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021202020192018
VGRO.TO
Vanguard Growth ETF Portfolio		10.97%16.11%19.27%14.79%-11.21%14.79%10.85%17.74%-4.13%
VFV.TO
Vanguard S&P 500 Index ETF		12.72%12.18%35.23%23.23%-12.58%27.51%15.62%25.14%-0.10%

Correlation

The correlation between VGRO.TO and VFV.TO is 0.87, 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

0.87

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

0.86

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

0.88

Correlation (All Time)
Calculated using the full available price history since Feb 2, 2018

0.89

The correlation between VGRO.TO and VFV.TO has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

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

Sectors
VGRO.TO
VFV.TO

Financial Services

20.6%
11.6%

Technology

20.3%
35.7%

Industrials

11.6%
8.3%

Energy

8.7%
3.5%

Basic Materials

8.6%
1.8%

Consumer Cyclical

7.8%
10.2%

Healthcare

6.7%
8.5%

Communication Services

6.0%
11.3%

Consumer Defensive

4.6%
4.9%

Utilities

2.8%
2.4%

Real Estate

2.3%
1.9%

Financial Services

VGRO.TO
20.6%
VFV.TO
11.6%

Technology

VGRO.TO
20.3%
VFV.TO
35.7%

Industrials

VGRO.TO
11.6%
VFV.TO
8.3%

Energy

VGRO.TO
8.7%
VFV.TO
3.5%

Basic Materials

VGRO.TO
8.6%
VFV.TO
1.8%

Consumer Cyclical

VGRO.TO
7.8%
VFV.TO
10.2%

Healthcare

VGRO.TO
6.7%
VFV.TO
8.5%

Communication Services

VGRO.TO
6.0%
VFV.TO
11.3%

Consumer Defensive

VGRO.TO
4.6%
VFV.TO
4.9%

Utilities

VGRO.TO
2.8%
VFV.TO
2.4%

Real Estate

VGRO.TO
2.3%
VFV.TO
1.9%

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

Vanguard S&P 500 Index 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 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

Return for Risk

VGRO.TO vs. VFV.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
VFV.TO
VFV.TO Risk / Return Rank: 7878
Overall Rank
VFV.TO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
VFV.TO Sortino Ratio Rank: 8282
Sortino Ratio Rank
VFV.TO Omega Ratio Rank: 8383
Omega Ratio Rank
VFV.TO Calmar Ratio Rank: 7272
Calmar Ratio Rank
VFV.TO Martin Ratio Rank: 7373
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. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF Portfolio (VGRO.TO) and Vanguard S&P 500 Index ETF (VFV.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.TOVFV.TODifference
Sharpe ratioReturn per unit of total volatility
2.66
2.66

-0.01

Sortino ratioReturn per unit of downside risk
3.72
3.62

+0.10

Omega ratioGain probability vs. loss probability

1.50

1.49

0.00

Calmar ratioReturn relative to maximum drawdown

3.65

3.53

+0.12

Martin ratioReturn relative to average drawdown

15.92

13.47

+2.44

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. VFV.TO - Sharpe Ratio Comparison

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

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.66

2.66

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.04

1.14

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.98

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

1.14

-0.32

Drawdowns

VGRO.TO vs. VFV.TO - Drawdown Comparison

The maximum VGRO.TO drawdown since its inception was -25.36%, smaller than the maximum VFV.TO drawdown of -27.43%. Use the drawdown chart below to compare losses from any high point for VGRO.TO and VFV.TO.

Loading charts...

Drawdown Indicators

VGRO.TOVFV.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.36%

-27.43%

+2.07%

Max Drawdown (1Y)

Largest decline over 1 year

-7.01%

-8.62%

+1.61%

Max Drawdown (3Y)

Largest decline over 3 years

-12.50%

-19.05%

+6.55%

Max Drawdown (5Y)

Largest decline over 5 years

-17.39%

-22.19%

+4.80%

Max Drawdown (10Y)

Largest decline over 10 years

—

-27.43%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-3.41%

-3.35%

-0.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

2.26%

-0.66%

Volatility

VGRO.TO vs. VFV.TO - Volatility Comparison

Vanguard Growth ETF Portfolio (VGRO.TO) has a higher volatility of 3.18% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 3.00%. This indicates that VGRO.TO's price experiences larger fluctuations and is considered to be riskier than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VGRO.TOVFV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

3.00%

+0.18%

Volatility (6M)

Calculated over the trailing 6-month period

7.88%

8.56%

-0.68%

Volatility (1Y)

Calculated over the trailing 1-year period

9.63%

11.44%

-1.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.64%

14.91%

-4.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.53%

16.57%

-4.04%

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

VGRO.TO has a 0.20% expense ratio, which is higher than VFV.TO's 0.09% 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

VGRO.TO vs. VFV.TO - Dividend Comparison

VGRO.TO's dividend yield for the trailing twelve months is around 1.70%, more than VFV.TO's 0.83% yield.

PositionTTM20252024202320222021202020192018201720162015
VFV.TO
Vanguard S&P 500 Index ETF		0.83%0.92%0.99%1.20%1.31%1.06%1.33%1.55%1.68%1.50%1.66%1.63%
VGRO.TO
Vanguard Growth ETF Portfolio		1.70%1.88%2.01%2.13%2.14%1.80%1.77%2.17%2.09%0.00%0.00%0.00%

Frequently Asked Questions

VGRO.TO and VFV.TO have a correlation of 0.87, 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 VGRO.TO.

VGRO.TO is categorized as Diversified Portfolio, while VFV.TO is S&P 500. Their fees differ too: 0.20% for VGRO.TO and 0.09% for VFV.TO.

Portfolio Optimizer

Find the right allocation for VGRO.TO and VFV.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