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VGRO.TO vs. XINC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VGRO.TO vs. XINC.TO

Last updated Jun 5, 2026

VGRO.TO (Vanguard Growth ETF Portfolio) and XINC.TO (iShares Core Income Balanced ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past 5 years, VGRO.TO returned 11.00%/yr vs 3.19%/yr for XINC.TO. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.

Performance

VGRO.TO vs. XINC.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 Core Income Balanced ETF Portfolio (XINC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VGRO.TO achieves a 10.97% return, which is significantly higher than XINC.TO's 3.53% 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*
—

XINC.TO

1D
0.09%
1M
2.26%
YTD
3.53%
6M
3.10%
1Y
8.23%
3Y*
7.73%
5Y*
3.19%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025202420232022202120202019
VGRO.TO
Vanguard Growth ETF Portfolio		10.97%16.11%19.27%14.79%-11.21%14.79%10.85%7.99%
XINC.TO
iShares Core Income Balanced ETF Portfolio		3.53%6.71%7.76%8.51%-11.25%1.27%9.16%1.23%

Correlation

The correlation between VGRO.TO and XINC.TO is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.67

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

0.50

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

0.46

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.46

Over the past year, VGRO.TO and XINC.TO have become more correlated (0.67) than their long-term average of 0.46, meaning their price movements have been converging.

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

Sectors
VGRO.TO
XINC.TO

Financial Services

20.6%
4.3%

Technology

20.3%
4.8%

Industrials

11.6%
1.9%

Energy

8.7%
1.5%

Basic Materials

8.6%
1.3%

Consumer Cyclical

7.8%
1.4%

Healthcare

6.7%
1.2%

Communication Services

6.0%
1.3%

Consumer Defensive

4.6%
0.9%

Utilities

2.8%
0.5%

Real Estate

2.3%
0.3%

Financial Services

VGRO.TO
20.6%
XINC.TO
4.3%

Technology

VGRO.TO
20.3%
XINC.TO
4.8%

Industrials

VGRO.TO
11.6%
XINC.TO
1.9%

Energy

VGRO.TO
8.7%
XINC.TO
1.5%

Basic Materials

VGRO.TO
8.6%
XINC.TO
1.3%

Consumer Cyclical

VGRO.TO
7.8%
XINC.TO
1.4%

Healthcare

VGRO.TO
6.7%
XINC.TO
1.2%

Communication Services

VGRO.TO
6.0%
XINC.TO
1.3%

Consumer Defensive

VGRO.TO
4.6%
XINC.TO
0.9%

Utilities

VGRO.TO
2.8%
XINC.TO
0.5%

Real Estate

VGRO.TO
2.3%
XINC.TO
0.3%

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 Core Income Balanced 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 XINC.TO:
XINC.TO vs. XCNS.TOXINC.TO vs. VFV.TOXINC.TO vs. XEQT.TOXINC.TO vs. XGRO.TOXINC.TO vs. XSUS.TOXINC.TO vs. ZMMK.TOXINC.TO vs. XBAL.TO

Return for Risk

VGRO.TO vs. XINC.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
XINC.TO
XINC.TO Risk / Return Rank: 5050
Overall Rank
XINC.TO Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
XINC.TO Sortino Ratio Rank: 5151
Sortino Ratio Rank
XINC.TO Omega Ratio Rank: 5353
Omega Ratio Rank
XINC.TO Calmar Ratio Rank: 4646
Calmar Ratio Rank
XINC.TO Martin Ratio Rank: 5151
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. XINC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF Portfolio (VGRO.TO) and iShares Core Income Balanced ETF Portfolio (XINC.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.TOXINC.TODifference
Sharpe ratioReturn per unit of total volatility
2.66
1.68

+0.98

Sortino ratioReturn per unit of downside risk
3.72
2.44

+1.28

Omega ratioGain probability vs. loss probability

1.50

1.33

+0.17

Calmar ratioReturn relative to maximum drawdown

3.65

2.26

+1.39

Martin ratioReturn relative to average drawdown

15.92

8.54

+7.37

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. XINC.TO - Sharpe Ratio Comparison

The current VGRO.TO Sharpe Ratio is 2.66, which is higher than the XINC.TO Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of VGRO.TO and XINC.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.

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Sharpe Ratios by Period

VGRO.TOXINC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.66

1.68

+0.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.04

0.50

+0.54

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.56

+0.26

Drawdowns

VGRO.TO vs. XINC.TO - Drawdown Comparison

The maximum VGRO.TO drawdown since its inception was -25.36%, which is greater than XINC.TO's maximum drawdown of -15.40%. Use the drawdown chart below to compare losses from any high point for VGRO.TO and XINC.TO.

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Drawdown Indicators

VGRO.TOXINC.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.36%

-15.40%

-9.96%

Max Drawdown (1Y)

Largest decline over 1 year

-7.01%

-3.65%

-3.36%

Max Drawdown (3Y)

Largest decline over 3 years

-12.50%

-4.36%

-8.14%

Max Drawdown (5Y)

Largest decline over 5 years

-17.39%

-15.40%

-1.99%

Current Drawdown

Current decline from peak

0.00%

-0.05%

+0.05%

Average Drawdown

Average peak-to-trough decline

-3.41%

-3.74%

+0.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

0.97%

+0.63%

Volatility

VGRO.TO vs. XINC.TO - Volatility Comparison

Vanguard Growth ETF Portfolio (VGRO.TO) has a higher volatility of 3.18% compared to iShares Core Income Balanced ETF Portfolio (XINC.TO) at 1.92%. This indicates that VGRO.TO's price experiences larger fluctuations and is considered to be riskier than XINC.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.TOXINC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

1.92%

+1.26%

Volatility (6M)

Calculated over the trailing 6-month period

7.88%

4.13%

+3.75%

Volatility (1Y)

Calculated over the trailing 1-year period

9.63%

4.93%

+4.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.64%

6.42%

+4.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.53%

6.73%

+5.80%

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

Both VGRO.TO and XINC.TO have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VGRO.TO vs. XINC.TO - Dividend Comparison

VGRO.TO's dividend yield for the trailing twelve months is around 1.70%, less than XINC.TO's 3.19% yield.

PositionTTM20252024202320222021202020192018
VGRO.TO
Vanguard Growth ETF Portfolio		1.70%1.88%2.01%2.13%2.14%1.80%1.77%2.17%2.09%
XINC.TO
iShares Core Income Balanced ETF Portfolio		3.19%3.16%2.81%2.87%2.54%2.02%2.40%0.93%0.00%

Frequently Asked Questions

VGRO.TO and XINC.TO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

VGRO.TO and XINC.TO have the same expense ratio: 0.20% per year.

They also come from different issuers: Vanguard and iShares.

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