XAGG.TO vs. DGRO
XAGG.TO (iShares U.S. Aggregate Bond Index ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - XAGG.TO is a Total Bond Market fund tracking the Bloomberg US Aggregate Bond Index, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Both are passively managed. Over the past 3 years, XAGG.TO returned 5.35%/yr vs 18.88%/yr for DGRO. At a 0.04 correlation, their price movements are largely independent. XAGG.TO charges 0.10%/yr vs 0.08%/yr for DGRO.
Performance
XAGG.TO vs. DGRO - Performance Comparison
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Different Trading Currencies
XAGG.TO is traded in CAD, while DGRO is traded in USD. To make them comparable, the DGRO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XAGG.TO achieves a 2.48% return, which is significantly lower than DGRO's 14.78% return.
XAGG.TO
- 1D
- 0.03%
- 1M
- -0.68%
- 6M
- 0.83%
- YTD
- 2.48%
- 1Y
- 6.31%
- 3Y*
- 5.35%
- 5Y*
- —
- 10Y*
- —
DGRO
- 1D
- -0.73%
- 1M
- 3.03%
- 6M
- 9.85%
- YTD
- 14.78%
- 1Y
- 24.24%
- 3Y*
- 18.88%
- 5Y*
- 13.55%
- 10Y*
- 14.14%
XAGG.TO vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XAGG.TO iShares U.S. Aggregate Bond Index ETF | 2.48% | 1.66% | 10.15% | 1.14% | -6.66% | 1.36% |
DGRO iShares Core Dividend Growth ETF | 14.78% | 10.41% | 26.49% | 7.84% | -2.07% | 10.37% |
Correlation
The correlation between XAGG.TO and DGRO is 0.09, 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 (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2021 | 0.04 |
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Return for Risk
XAGG.TO vs. DGRO — Risk / Return Rank
XAGG.TO
DGRO
XAGG.TO vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aggregate Bond Index ETF (XAGG.TO) and iShares Core Dividend Growth ETF (DGRO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XAGG.TO | DGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.42 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 3.95 | -2.36 |
| Martin ratioReturn relative to average drawdown | 3.58 | 14.57 | -10.99 |
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Drawdowns
XAGG.TO vs. DGRO - Drawdown Comparison
The maximum XAGG.TO drawdown since its inception was -12.65%, smaller than the maximum DGRO drawdown of -29.39%. Use the drawdown chart below to compare losses from any high point for XAGG.TO and DGRO.
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Drawdown Indicators
| XAGG.TO | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.65% | -29.39% | +16.74% |
Max Drawdown (1Y)Largest decline over 1 year | -4.32% | -6.16% | +1.84% |
Max Drawdown (3Y)Largest decline over 3 years | -6.64% | -15.15% | +8.51% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.39% | — |
Current DrawdownCurrent decline from peak | -2.01% | -1.92% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -3.04% | -2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 1.67% | +0.25% |
Volatility
XAGG.TO vs. DGRO - Volatility Comparison
The current volatility for iShares U.S. Aggregate Bond Index ETF (XAGG.TO) is 1.46%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.12%. This indicates that XAGG.TO experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XAGG.TO | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | 3.12% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 4.17% | 7.96% | -3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.47% | 10.38% | -4.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.03% | 15.00% | -7.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.03% | 17.70% | -10.67% |
XAGG.TO vs. DGRO - Expense Ratio Comparison
XAGG.TO has a 0.10% expense ratio, which is higher than DGRO's 0.08% 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
XAGG.TO vs. DGRO - Dividend Comparison
XAGG.TO's dividend yield for the trailing twelve months is around 4.10%, more than DGRO's 1.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRO iShares Core Dividend Growth ETF | 1.92% | 2.09% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% |
XAGG.TO iShares U.S. Aggregate Bond Index ETF | 4.10% | 3.87% | 3.07% | 2.59% | 1.67% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XAGG.TO and DGRO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DGRO is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DGRO is cheaper with a 0.08% expense ratio, compared with 0.10% for XAGG.TO.
XAGG.TO is categorized as Total Bond Market, while DGRO is Large Cap Growth Equities. XAGG.TO tracks Bloomberg US Aggregate Bond Index, while DGRO tracks Morningstar US Dividend Growth Index. Their fees differ too: 0.10% for XAGG.TO and 0.08% for DGRO.
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