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VRIF.TO vs. XGRO.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VRIF.TO vs. XGRO.TO

Last updated Jun 4, 2026

VRIF.TO (Vanguard Retirement Income ETF Portfolio) and XGRO.TO (iShares Core Growth ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past 5 years, VRIF.TO returned 4.73%/yr vs 10.83%/yr for XGRO.TO. Their correlation of 0.81 suggests significant overlap in exposure. VRIF.TO charges 0.29%/yr vs 0.20%/yr for XGRO.TO.

Performance

VRIF.TO vs. XGRO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Retirement Income ETF Portfolio (VRIF.TO) and iShares Core Growth ETF Portfolio (XGRO.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, VRIF.TO achieves a 4.88% return, which is significantly lower than XGRO.TO's 10.38% return.

VRIF.TO

1D
-0.18%
1M
2.85%
YTD
4.88%
6M
4.72%
1Y
12.14%
3Y*
9.70%
5Y*
4.73%
10Y*
—

XGRO.TO

1D
-0.18%
1M
5.42%
YTD
10.38%
6M
8.74%
1Y
23.44%
3Y*
17.87%
5Y*
10.83%
10Y*
10.20%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VRIF.TO vs. XGRO.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
VRIF.TO
Vanguard Retirement Income ETF Portfolio		4.88%10.58%8.44%8.97%-11.50%7.44%5.55%
XGRO.TO
iShares Core Growth ETF Portfolio		10.38%15.59%19.53%15.01%-11.08%14.29%7.54%

Correlation

The correlation between VRIF.TO and XGRO.TO is 0.82, 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

0.82

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

0.78

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

0.80

Correlation (All Time)
Calculated using the full available price history since Sep 17, 2020

0.81

The correlation between VRIF.TO and XGRO.TO has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.

VRIF.TO vs. XGRO.TO - Sectors Allocation Comparison

Sectors
VRIF.TO
XGRO.TO

Financial Services

22.4%
20.3%

Technology

16.9%
25.8%

Industrials

13.4%
7.3%

Basic Materials

9.4%
5.6%

Energy

8.6%
7.2%

Consumer Cyclical

7.6%
6.3%

Healthcare

6.6%
5.1%

Communication Services

5.0%
6.8%

Consumer Defensive

4.8%
3.8%

Utilities

3.0%
1.5%

Real Estate

2.3%
0.4%

Financial Services

VRIF.TO
22.4%
XGRO.TO
20.3%

Technology

VRIF.TO
16.9%
XGRO.TO
25.8%

Industrials

VRIF.TO
13.4%
XGRO.TO
7.3%

Basic Materials

VRIF.TO
9.4%
XGRO.TO
5.6%

Energy

VRIF.TO
8.6%
XGRO.TO
7.2%

Consumer Cyclical

VRIF.TO
7.6%
XGRO.TO
6.3%

Healthcare

VRIF.TO
6.6%
XGRO.TO
5.1%

Communication Services

VRIF.TO
5.0%
XGRO.TO
6.8%

Consumer Defensive

VRIF.TO
4.8%
XGRO.TO
3.8%

Utilities

VRIF.TO
3.0%
XGRO.TO
1.5%

Real Estate

VRIF.TO
2.3%
XGRO.TO
0.4%

Compare stocks, funds, or ETFs

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

Vanguard Retirement Income ETF Portfolio

iShares Core Growth ETF Portfolio

Often compared with VRIF.TO:
VRIF.TO vs. VBAL.TOVRIF.TO vs. ZMI.TOVRIF.TO vs. ZBAL.TOVRIF.TO vs. XTR.TOVRIF.TO vs. PID.TOVRIF.TO vs. XEI.TOVRIF.TO vs. VDY.TO
Often compared with XGRO.TO:
XGRO.TO vs. XEQT.TOXGRO.TO vs. VGRO.TOXGRO.TO vs. VEQT.TOXGRO.TO vs. XCG.TOXGRO.TO vs. TGRO.TOXGRO.TO vs. ZGRO.TOXGRO.TO vs. XAW.TO

Return for Risk

VRIF.TO vs. XGRO.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VRIF.TO
VRIF.TO Risk / Return Rank: 6666
Overall Rank
VRIF.TO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
VRIF.TO Sortino Ratio Rank: 7373
Sortino Ratio Rank
VRIF.TO Omega Ratio Rank: 7373
Omega Ratio Rank
VRIF.TO Calmar Ratio Rank: 5454
Calmar Ratio Rank
VRIF.TO Martin Ratio Rank: 6262
Martin Ratio Rank
XGRO.TO
XGRO.TO Risk / Return Rank: 6767
Overall Rank
XGRO.TO Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
XGRO.TO Sortino Ratio Rank: 6565
Sortino Ratio Rank
XGRO.TO Omega Ratio Rank: 6767
Omega Ratio Rank
XGRO.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
XGRO.TO Martin Ratio Rank: 7575
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.

VRIF.TO vs. XGRO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Retirement Income ETF Portfolio (VRIF.TO) and iShares Core Growth ETF Portfolio (XGRO.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.

VRIF.TOXGRO.TODifference
Sharpe ratioReturn per unit of total volatility
2.27
2.18

+0.09

Sortino ratioReturn per unit of downside risk
3.34
3.09

+0.25

Omega ratioGain probability vs. loss probability

1.44

1.41

+0.03

Calmar ratioReturn relative to maximum drawdown

2.68

3.30

-0.63

Martin ratioReturn relative to average drawdown

11.16

14.67

-3.51

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

VRIF.TO vs. XGRO.TO - Sharpe Ratio Comparison

The current VRIF.TO Sharpe Ratio is 2.27, which is comparable to the XGRO.TO Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of VRIF.TO and XGRO.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

VRIF.TOXGRO.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.27

2.18

+0.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.99

-0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.84

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

0.35

+0.57

Drawdowns

VRIF.TO vs. XGRO.TO - Drawdown Comparison

The maximum VRIF.TO drawdown since its inception was -16.19%, smaller than the maximum XGRO.TO drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for VRIF.TO and XGRO.TO.

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Drawdown Indicators

VRIF.TOXGRO.TODifference

Max Drawdown

Largest peak-to-trough decline

-16.19%

-47.97%

+31.78%

Max Drawdown (1Y)

Largest decline over 1 year

-4.55%

-7.12%

+2.57%

Max Drawdown (3Y)

Largest decline over 3 years

-5.01%

-12.47%

+7.46%

Max Drawdown (5Y)

Largest decline over 5 years

-16.19%

-18.40%

+2.21%

Max Drawdown (10Y)

Largest decline over 10 years

—

-25.85%

—

Current Drawdown

Current decline from peak

-0.18%

-0.18%

0.00%

Average Drawdown

Average peak-to-trough decline

-3.87%

-8.49%

+4.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.09%

1.60%

-0.51%

Volatility

VRIF.TO vs. XGRO.TO - Volatility Comparison

The current volatility for Vanguard Retirement Income ETF Portfolio (VRIF.TO) is 2.15%, while iShares Core Growth ETF Portfolio (XGRO.TO) has a volatility of 3.43%. This indicates that VRIF.TO experiences smaller price fluctuations and is considered to be less risky than XGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VRIF.TOXGRO.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.15%

3.43%

-1.28%

Volatility (6M)

Calculated over the trailing 6-month period

4.61%

9.19%

-4.58%

Volatility (1Y)

Calculated over the trailing 1-year period

5.37%

10.78%

-5.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.23%

11.05%

-4.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.25%

12.26%

-6.01%

VRIF.TO vs. XGRO.TO - Expense Ratio Comparison

VRIF.TO has a 0.29% expense ratio, which is higher than XGRO.TO's 0.20% expense ratio.

Dividends

VRIF.TO vs. XGRO.TO - Dividend Comparison

VRIF.TO's dividend yield for the trailing twelve months is around 3.73%, more than XGRO.TO's 1.76% yield.

PositionTTM20252024202320222021202020192018201720162015
VRIF.TO
Vanguard Retirement Income ETF Portfolio		3.73%3.77%3.96%4.33%4.72%3.86%1.27%0.00%0.00%0.00%0.00%0.00%
XGRO.TO
iShares Core Growth ETF Portfolio		1.76%1.92%1.98%2.22%1.86%1.66%1.94%2.21%7.42%2.04%2.65%2.15%

Frequently Asked Questions

VRIF.TO and XGRO.TO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

XGRO.TO is cheaper with a 0.20% expense ratio, compared with 0.29% for VRIF.TO.

They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.29% for VRIF.TO and 0.20% for XGRO.TO.

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