PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XEG.TO vs. XGRO.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XEG.TO vs. XGRO.TO

Last updated Jun 4, 2026

XEG.TO (iShares S&P/TSX Capped Energy Index ETF) and XGRO.TO (iShares Core Growth ETF Portfolio) are both exchange-traded funds - XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index, while XGRO.TO is a Diversified Portfolio fund actively managed by iShares. XEG.TO is passively managed, while XGRO.TO is actively managed. Over the past 10 years, XEG.TO returned 11.85%/yr vs 10.20%/yr for XGRO.TO. At a 0.39 correlation, their price movements are largely independent. XEG.TO charges 0.61%/yr vs 0.20%/yr for XGRO.TO.

Performance

XEG.TO vs. XGRO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Capped Energy Index ETF (XEG.TO) and iShares Core Growth ETF Portfolio (XGRO.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XEG.TO achieves a 44.34% return, which is significantly higher than XGRO.TO's 10.38% return. Over the past 10 years, XEG.TO has outperformed XGRO.TO with an annualized return of 11.85%, while XGRO.TO has yielded a comparatively lower 10.20% annualized return.

XEG.TO

1D
1.17%
1M
-0.04%
YTD
44.34%
6M
39.73%
1Y
70.40%
3Y*
28.08%
5Y*
29.48%
10Y*
11.85%

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)

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

2026 (YTD)202520242023202220212020201920182017
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		44.34%16.72%14.08%3.52%53.25%83.71%-34.41%8.98%-27.05%-11.18%
XGRO.TO
iShares Core Growth ETF Portfolio		10.38%15.59%19.53%15.01%-11.08%14.29%11.51%17.97%-6.73%11.61%

Correlation

The correlation between XEG.TO and XGRO.TO is -0.07, 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

-0.07

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

0.17

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

0.26

Correlation (10Y)
Calculated over the trailing 10-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2007

0.39

The correlation between XEG.TO and XGRO.TO shifts across timeframes, from -0.07 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

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

Sectors
XEG.TO
XGRO.TO

Energy

100.0%
7.2%

Basic Materials

-

5.6%

Communication Services

-

6.8%

Consumer Cyclical

-

6.3%

Consumer Defensive

-

3.8%

Financial Services

-

20.3%

Healthcare

-

5.1%

Industrials

-

7.3%

Real Estate

-

0.4%

Technology

-

25.8%

Utilities

-

1.5%

Energy

XEG.TO
100.0%
XGRO.TO
7.2%

Basic Materials

XEG.TO

-

XGRO.TO
5.6%

Communication Services

XEG.TO

-

XGRO.TO
6.8%

Consumer Cyclical

XEG.TO

-

XGRO.TO
6.3%

Consumer Defensive

XEG.TO

-

XGRO.TO
3.8%

Financial Services

XEG.TO

-

XGRO.TO
20.3%

Healthcare

XEG.TO

-

XGRO.TO
5.1%

Industrials

XEG.TO

-

XGRO.TO
7.3%

Real Estate

XEG.TO

-

XGRO.TO
0.4%

Technology

XEG.TO

-

XGRO.TO
25.8%

Utilities

XEG.TO

-

XGRO.TO
1.5%

Compare stocks, funds, or ETFs

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

iShares S&P/TSX Capped Energy Index ETF

iShares Core Growth ETF Portfolio

Often compared with XEG.TO:
XEG.TO vs. XLEXEG.TO vs. XEQT.TOXEG.TO vs. CNQ.TOXEG.TO vs. HXE.TOXEG.TO vs. ZEO.TOXEG.TO vs. XDIV.TOXEG.TO vs. XCG.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XEG.TO
XEG.TO Risk / Return Rank: 8686
Overall Rank
XEG.TO Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
XEG.TO Sortino Ratio Rank: 8080
Sortino Ratio Rank
XEG.TO Omega Ratio Rank: 8080
Omega Ratio Rank
XEG.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
XEG.TO Martin Ratio Rank: 8787
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Energy Index ETF (XEG.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.

XEG.TOXGRO.TODifference
Sharpe ratioReturn per unit of total volatility
3.11
2.18

+0.93

Sortino ratioReturn per unit of downside risk
3.66
3.09

+0.58

Omega ratioGain probability vs. loss probability

1.49

1.41

+0.07

Calmar ratioReturn relative to maximum drawdown

6.36

3.30

+3.06

Martin ratioReturn relative to average drawdown

19.02

14.67

+4.35

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

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

The current XEG.TO Sharpe Ratio is 3.11, which is higher than the XGRO.TO Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of XEG.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.

Loading charts...

Sharpe Ratios by Period

XEG.TOXGRO.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.11

2.18

+0.93

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.04

0.99

+0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

0.84

-0.48

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

0.35

-0.07

Drawdowns

XEG.TO vs. XGRO.TO - Drawdown Comparison

The maximum XEG.TO drawdown since its inception was -87.74%, which is greater than XGRO.TO's maximum drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for XEG.TO and XGRO.TO.

Loading charts...

Drawdown Indicators

XEG.TOXGRO.TODifference

Max Drawdown

Largest peak-to-trough decline

-87.74%

-47.97%

-39.77%

Max Drawdown (1Y)

Largest decline over 1 year

-11.12%

-7.12%

-4.00%

Max Drawdown (3Y)

Largest decline over 3 years

-25.67%

-12.47%

-13.20%

Max Drawdown (5Y)

Largest decline over 5 years

-28.42%

-18.40%

-10.02%

Max Drawdown (10Y)

Largest decline over 10 years

-79.66%

-25.85%

-53.81%

Current Drawdown

Current decline from peak

-4.00%

-0.18%

-3.82%

Average Drawdown

Average peak-to-trough decline

-29.19%

-8.49%

-20.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.71%

1.60%

+2.11%

Volatility

XEG.TO vs. XGRO.TO - Volatility Comparison

iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a higher volatility of 9.31% compared to iShares Core Growth ETF Portfolio (XGRO.TO) at 3.43%. This indicates that XEG.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.

Loading charts...

Volatility by Period

XEG.TOXGRO.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.31%

3.43%

+5.88%

Volatility (6M)

Calculated over the trailing 6-month period

18.99%

9.19%

+9.80%

Volatility (1Y)

Calculated over the trailing 1-year period

22.76%

10.78%

+11.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.62%

11.05%

+17.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.41%

12.26%

+21.15%

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

XEG.TO has a 0.61% expense ratio, which is higher than XGRO.TO's 0.20% expense ratio.

Dividends

XEG.TO vs. XGRO.TO - Dividend Comparison

XEG.TO's dividend yield for the trailing twelve months is around 2.65%, more than XGRO.TO's 1.76% yield.

PositionTTM20252024202320222021202020192018201720162015
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		2.65%3.63%3.46%4.26%3.31%1.64%2.96%2.70%2.25%1.41%1.40%3.58%
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

XEG.TO and XGRO.TO have a correlation of -0.07, 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 0.61% for XEG.TO.

XEG.TO is categorized as Energy Equities, while XGRO.TO is Diversified Portfolio. Their fees differ too: 0.61% for XEG.TO and 0.20% for XGRO.TO.

Portfolio Optimizer

Find the right allocation for XEG.TO and XGRO.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