XCG.TO vs. XGRO.TO
Compare and contrast key facts about iShares Canadian Growth Index ETF (XCG.TO) and iShares Core Growth ETF Portfolio (XGRO.TO).
XCG.TO and XGRO.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCG.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Nov 6, 2006. XGRO.TO is an actively managed fund by iShares. It was launched on Jun 21, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XCG.TO or XGRO.TO.
Key characteristics
| XCG.TO | XGRO.TO | |
|---|---|---|
| YTD Return | 13.01% | 14.40% |
| 1Y Return | 20.14% | 21.17% |
| 3Y Return (Ann) | 5.22% | 5.90% |
| 5Y Return (Ann) | 9.12% | 9.12% |
| 10Y Return (Ann) | 7.81% | 7.88% |
| Sharpe Ratio | 1.44 | 2.45 |
| Daily Std Dev | 12.63% | 8.37% |
| Max Drawdown | -52.64% | -47.93% |
| Current Drawdown | -0.78% | -0.27% |
Correlation
The correlation between XCG.TO and XGRO.TO is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XCG.TO vs. XGRO.TO - Performance Comparison
In the year-to-date period, XCG.TO achieves a 13.01% return, which is significantly lower than XGRO.TO's 14.40% return. Both investments have delivered pretty close results over the past 10 years, with XCG.TO having a 7.81% annualized return and XGRO.TO not far ahead at 7.88%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XCG.TO vs. XGRO.TO - Expense Ratio Comparison
XCG.TO has a 0.55% expense ratio, which is higher than XGRO.TO's 0.20% expense ratio.
Risk-Adjusted Performance
XCG.TO vs. XGRO.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Canadian Growth Index ETF (XCG.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.
Dividends
XCG.TO vs. XGRO.TO - Dividend Comparison
XCG.TO's dividend yield for the trailing twelve months is around 0.89%, less than XGRO.TO's 2.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XCG.TO iShares Canadian Growth Index ETF | 0.89% | 1.43% | 1.71% | 1.57% | 1.83% | 1.65% | 1.79% | 1.11% | 1.05% | 0.78% | 0.92% | 1.50% |
XGRO.TO iShares Core Growth ETF Portfolio | 2.09% | 2.27% | 1.89% | 1.69% | 1.98% | 2.25% | 7.56% | 2.08% | 2.70% | 2.19% | 5.71% | 1.66% |
Drawdowns
XCG.TO vs. XGRO.TO - Drawdown Comparison
The maximum XCG.TO drawdown since its inception was -52.64%, which is greater than XGRO.TO's maximum drawdown of -47.93%. Use the drawdown chart below to compare losses from any high point for XCG.TO and XGRO.TO. For additional features, visit the drawdowns tool.
Volatility
XCG.TO vs. XGRO.TO - Volatility Comparison
iShares Canadian Growth Index ETF (XCG.TO) has a higher volatility of 4.56% compared to iShares Core Growth ETF Portfolio (XGRO.TO) at 3.42%. This indicates that XCG.TO's price experiences larger fluctuations and is considered to be riskier than XGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.