PortfoliosLab logoPortfoliosLab logo

Documentation

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

XGRO.TO vs. XEG.TO

Last updated Jun 5, 2026

XGRO.TO (iShares Core Growth ETF Portfolio) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - XGRO.TO is a Diversified Portfolio fund actively managed by iShares, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. XGRO.TO is actively managed, while XEG.TO is passively managed. Over the past 10 years, XGRO.TO returned 10.17%/yr vs 11.72%/yr for XEG.TO. At a 0.39 correlation, their price movements are largely independent. XGRO.TO charges 0.20%/yr vs 0.61%/yr for XEG.TO.

Performance

XGRO.TO vs. XEG.TO - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, XGRO.TO achieves a 10.70% return, which is significantly lower than XEG.TO's 45.28% return. Over the past 10 years, XGRO.TO has underperformed XEG.TO with an annualized return of 10.17%, while XEG.TO has yielded a comparatively higher 11.72% annualized return.

XGRO.TO

1D
0.29%
1M
5.00%
YTD
10.70%
6M
8.71%
1Y
23.83%
3Y*
18.10%
5Y*
10.89%
10Y*
10.17%

XEG.TO

1D
0.65%
1M
-0.64%
YTD
45.28%
6M
40.30%
1Y
73.90%
3Y*
28.57%
5Y*
29.65%
10Y*
11.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
XGRO.TO
iShares Core Growth ETF Portfolio		10.70%15.59%19.53%15.01%-11.08%14.29%11.51%17.97%-6.73%11.61%
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		45.28%16.72%14.08%3.52%53.25%83.71%-34.41%8.98%-27.05%-11.18%

Correlation

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

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

Sectors
XGRO.TO
XEG.TO

Technology

25.8%

-

Financial Services

20.3%

-

Industrials

7.3%

-

Energy

7.2%
100.0%

Communication Services

6.8%

-

Consumer Cyclical

6.3%

-

Basic Materials

5.6%

-

Healthcare

5.1%

-

Consumer Defensive

3.8%

-

Utilities

1.5%

-

Real Estate

0.4%

-

Technology

XGRO.TO
25.8%
XEG.TO

-

Financial Services

XGRO.TO
20.3%
XEG.TO

-

Industrials

XGRO.TO
7.3%
XEG.TO

-

Energy

XGRO.TO
7.2%
XEG.TO
100.0%

Communication Services

XGRO.TO
6.8%
XEG.TO

-

Consumer Cyclical

XGRO.TO
6.3%
XEG.TO

-

Basic Materials

XGRO.TO
5.6%
XEG.TO

-

Healthcare

XGRO.TO
5.1%
XEG.TO

-

Consumer Defensive

XGRO.TO
3.8%
XEG.TO

-

Utilities

XGRO.TO
1.5%
XEG.TO

-

Real Estate

XGRO.TO
0.4%
XEG.TO

-

Compare stocks, funds, or ETFs

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

iShares Core Growth ETF Portfolio

iShares S&P/TSX Capped Energy Index ETF

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
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

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XGRO.TO
XGRO.TO Risk / Return Rank: 7171
Overall Rank
XGRO.TO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
XGRO.TO Sortino Ratio Rank: 7070
Sortino Ratio Rank
XGRO.TO Omega Ratio Rank: 7272
Omega Ratio Rank
XGRO.TO Calmar Ratio Rank: 6868
Calmar Ratio Rank
XGRO.TO Martin Ratio Rank: 7878
Martin Ratio Rank
XEG.TO
XEG.TO Risk / Return Rank: 8989
Overall Rank
XEG.TO Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
XEG.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
XEG.TO Omega Ratio Rank: 8585
Omega Ratio Rank
XEG.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
XEG.TO Martin Ratio Rank: 8989
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Core Growth ETF Portfolio (XGRO.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.

XGRO.TOXEG.TODifference
Sharpe ratioReturn per unit of total volatility
2.22
3.27

-1.05

Sortino ratioReturn per unit of downside risk
3.13
3.81

-0.68

Omega ratioGain probability vs. loss probability

1.42

1.51

-0.09

Calmar ratioReturn relative to maximum drawdown

3.36

6.68

-3.32

Martin ratioReturn relative to average drawdown

14.92

19.94

-5.02

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

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

The current XGRO.TO Sharpe Ratio is 2.22, which is lower than the XEG.TO Sharpe Ratio of 3.27. The chart below compares the historical Sharpe Ratios of XGRO.TO and XEG.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

XGRO.TOXEG.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.22

3.27

-1.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.99

1.04

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

0.35

+0.48

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.28

+0.07

Drawdowns

XGRO.TO vs. XEG.TO - Drawdown Comparison

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

Loading charts...

Drawdown Indicators

XGRO.TOXEG.TODifference

Max Drawdown

Largest peak-to-trough decline

-47.97%

-87.74%

+39.77%

Max Drawdown (1Y)

Largest decline over 1 year

-7.12%

-11.12%

+4.00%

Max Drawdown (3Y)

Largest decline over 3 years

-12.47%

-25.67%

+13.20%

Max Drawdown (5Y)

Largest decline over 5 years

-18.40%

-28.42%

+10.02%

Max Drawdown (10Y)

Largest decline over 10 years

-25.85%

-79.66%

+53.81%

Current Drawdown

Current decline from peak

0.00%

-3.38%

+3.38%

Average Drawdown

Average peak-to-trough decline

-8.49%

-29.18%

+20.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

3.72%

-2.12%

Volatility

XGRO.TO vs. XEG.TO - Volatility Comparison

The current volatility for iShares Core Growth ETF Portfolio (XGRO.TO) is 3.40%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 9.24%. This indicates that XGRO.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XGRO.TOXEG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.40%

9.24%

-5.84%

Volatility (6M)

Calculated over the trailing 6-month period

9.20%

18.90%

-9.70%

Volatility (1Y)

Calculated over the trailing 1-year period

10.78%

22.74%

-11.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.05%

28.62%

-17.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.26%

33.40%

-21.14%

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

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

Dividends

XGRO.TO vs. XEG.TO - Dividend Comparison

XGRO.TO's dividend yield for the trailing twelve months is around 1.75%, less than XEG.TO's 2.64% yield.

PositionTTM20252024202320222021202020192018201720162015
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		2.64%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		1.75%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

XGRO.TO and XEG.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.

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

Portfolio Optimizer

Find the right allocation for XGRO.TO and XEG.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