XWD.TO vs. XGRO.TO
XWD.TO (iShares MSCI World Index ETF) and XGRO.TO (iShares Core Growth ETF Portfolio) are both exchange-traded funds - XWD.TO is a Global Equities fund tracking the Morningstar Gbl GR CAD, while XGRO.TO is a Diversified Portfolio fund actively managed by iShares. XWD.TO is passively managed, while XGRO.TO is actively managed. Over the past 10 years, XWD.TO returned 13.45%/yr vs 10.20%/yr for XGRO.TO. A 0.71 correlation means they provide meaningful diversification when combined. XWD.TO charges 0.48%/yr vs 0.20%/yr for XGRO.TO.
Performance
XWD.TO vs. XGRO.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XWD.TO achieves a 11.42% return, which is significantly higher than XGRO.TO's 10.38% return. Over the past 10 years, XWD.TO has outperformed XGRO.TO with an annualized return of 13.45%, while XGRO.TO has yielded a comparatively lower 10.20% annualized return.
XWD.TO
- 1D
- -0.47%
- 1M
- 6.72%
- YTD
- 11.42%
- 6M
- 10.29%
- 1Y
- 27.27%
- 3Y*
- 21.42%
- 5Y*
- 14.76%
- 10Y*
- 13.45%
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%
XWD.TO vs. XGRO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XWD.TO iShares MSCI World Index ETF | 11.42% | 15.25% | 28.07% | 20.32% | -11.57% | 21.87% | 11.41% | 21.44% | -1.52% | 14.42% |
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 XWD.TO and XGRO.TO is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2009 | 0.71 |
The correlation between XWD.TO and XGRO.TO shifts across timeframes, from 0.71 (all time) to 0.91 (3 years), reflecting how their relationship changes across market environments.
XWD.TO vs. XGRO.TO - Sectors Allocation Comparison
Sectors
XWD.TO
XGRO.TO
Technology
Financial Services
Industrials
Consumer Cyclical
Communication Services
Healthcare
Consumer Defensive
Energy
Basic Materials
Utilities
Real Estate
Technology
XWD.TO
XGRO.TO
Financial Services
XWD.TO
XGRO.TO
Industrials
XWD.TO
XGRO.TO
Consumer Cyclical
XWD.TO
XGRO.TO
Communication Services
XWD.TO
XGRO.TO
Healthcare
XWD.TO
XGRO.TO
Consumer Defensive
XWD.TO
XGRO.TO
Energy
XWD.TO
XGRO.TO
Basic Materials
XWD.TO
XGRO.TO
Utilities
XWD.TO
XGRO.TO
Real Estate
XWD.TO
XGRO.TO
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XWD.TO vs. XGRO.TO — Risk / Return Rank
XWD.TO
XGRO.TO
XWD.TO vs. XGRO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Index ETF (XWD.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.
| XWD.TO | XGRO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.41 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | 3.30 | +0.25 |
| Martin ratioReturn relative to average drawdown | 14.52 | 14.67 | -0.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XWD.TO | XGRO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.35 | 2.18 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.99 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.84 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.35 | +0.55 |
Drawdowns
XWD.TO vs. XGRO.TO - Drawdown Comparison
The maximum XWD.TO drawdown since its inception was -27.48%, smaller than the maximum XGRO.TO drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for XWD.TO and XGRO.TO.
Loading charts...
Drawdown Indicators
| XWD.TO | XGRO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.48% | -47.97% | +20.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -7.12% | -0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -16.77% | -12.47% | -4.30% |
Max Drawdown (5Y)Largest decline over 5 years | -21.40% | -18.40% | -3.00% |
Max Drawdown (10Y)Largest decline over 10 years | -27.48% | -25.85% | -1.63% |
Current DrawdownCurrent decline from peak | -0.80% | -0.18% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -3.50% | -8.49% | +4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 1.60% | +0.28% |
Volatility
XWD.TO vs. XGRO.TO - Volatility Comparison
iShares MSCI World Index ETF (XWD.TO) has a higher volatility of 3.61% compared to iShares Core Growth ETF Portfolio (XGRO.TO) at 3.43%. This indicates that XWD.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
| XWD.TO | XGRO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 3.43% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 9.19% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.67% | 10.78% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.71% | 11.05% | +2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 12.26% | +3.10% |
XWD.TO vs. XGRO.TO - Expense Ratio Comparison
XWD.TO has a 0.48% expense ratio, which is higher than XGRO.TO's 0.20% expense ratio.
Dividends
XWD.TO vs. XGRO.TO - Dividend Comparison
XWD.TO's dividend yield for the trailing twelve months is around 1.19%, less than XGRO.TO's 1.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XWD.TO iShares MSCI World Index ETF | 1.19% | 1.33% | 1.19% | 1.39% | 1.36% | 1.21% | 1.06% | 1.77% | 1.94% | 1.63% | 1.83% | 1.84% |
Frequently Asked Questions
XWD.TO and XGRO.TO have a correlation of 0.89, 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 0.48% for XWD.TO.
XWD.TO is categorized as Global Equities, while XGRO.TO is Diversified Portfolio. Their fees differ too: 0.48% for XWD.TO and 0.20% for XGRO.TO.
Find the right allocation for XWD.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