Vanguard VGRO = 0.25% 2. iShares XGRO = 0.18% 3. You should know what goes where with respect to RRSP vs TFSA vs non registered amounts and accounts. Since they are relatively new, you have to back test the underlying ETFs. Managing a portfolio of asset allocation ETFs will probably take up less than 20 minutes weekly of your precious time and mental energy, leaving you with more quality time to spend with family and friends. The big problem for retail investors has been to mix and match various ETFs to find a good balanced diversified multi-asset portfolio. But I also really like the lower cost of XGRO and the higher allocation of US and International funds. XGRO iShares Core Growth ETF Portfolio Overview; Performance; Key Facts; Holdings; Exposure Breakdowns; Listings; Literature; Multi Asset. Search . This was *literally* the question I answered yesterday on Google. XGRO – lower management fee 0.18%, slightly more US exposure and better % yield, and bonus -DRIP/PACC/SWP offered. XGRO has a lower management fee than VGRO. I know that XGRO/VGRO gets recommended a lot but S&P 500 ETFs seem to keep beating them I prefer XGRO over VGRO because it has a little more on the US equities which is any day better than Canadian returns. I think some investors mistake low bond yields with poor performance. Simple and informative site. Hoping to get simple and clear explanation. 2) Between VGRO and XGRO Prices- Again, Blackrock XGRO is the clear winner here with a higher yield. Companies like Blackrock have had multi-asset ETF for a while. Trade this ETF now through your brokerage. Question: Hi, Having volume movement is prefer and consider for potential increase in value, isn’t it? Vanguard tends to favor the FTSE index for its weighting and composition (XGRO & ZGRO use MSCI index). This means that VGRO gives better global bond exposure than XGRO. 1) XGRO MER – Our full product list view provides financial advisors with performance details and investment information for our complete lineup of … It is, however, interesting to see that XGRO has performed just as well compared to VEQT during the same time period (+3.17% vs. +3.16%). The only thing I struggle with is deciding between VGRO and XGRO. Amazing job! I think you’ll agree, it’s hard to put a price on that convenience. Luckily for us retail customers, these fees have been driven lower due to competition. I am considering transitioning Baby R2R’s RESP and my wife’s RRSP portfolios over to use these one-fund solutions. And again for the underlying ETF’s? VGRO vs XGRO. Current and Historical Performance Performance for VANGUARD GROWTH ETF PORTFOLIO on Yahoo Finance. Learn about VGRO (XTSE) with our data and independent analysis including price, star rating, asset allocation, capital gains, and dividends. This competition between the ETF providers is great news for us consumers as the fees keeps falling towards 0. The XGRO used to be different ETF that had higher management fee at 0.84%. For example, the iShares XGRO and Vanguard VGRO are both growth ETF’s that are heavily North American focused. I came to the same conclusion and started buy XGRO, I overlooked that only ZGRO is tracking S&P500. How To Buy VGRO … Asset Allocation ETFs are one of the most popular index fund ETFs in Canada. My question for you is in relation to the hypothetical performance you have posted for XEQT vs the real annualized performance of XIC and VT. For example the 10 year hypothetical performance of XEQT is 10.61% while for VT it is 8.72% and XIC is 5.9%. The management fees are: 1. Newbie in the investment world. 3. You MUST specify a limit you’re comfortable with when trading them so you do not fall into that trap. I know it’s been a year but still… Both are strong … XGRO has a lower management fee than VGRO. 1. I would just buy XGRO in TFSA as well, Your email address will not be published. With an 80% bond, 20% equity approach – you're looking at decent risk for a high return. Use the information and ideas to form and shape your own opinion. I just checked ZEM, the 7% Emerging Markets component of ZGRO, and it consists of about 30% iShares holdings (US based shares), and the rest directly held. Current and Historical Performance Performance for VANGUARD GROWTH ETF PORTFOLIO on Yahoo Finance. iShares gives you more US equity exposure (36.5% vs 31%) and less Canadian equity (20.51% vs 23.2%). Continuously monitored and automatically rebalanced, as needed, in order to maintain asset class target weights 3. (Of course the higher costing product may very well lower its cost over the years, but then you can make a reasonable logical decision at that time). XGRO – It’s a great product that is well-diversified with an overall portfolio of 80% global equities and 20% bonds. Vanguard Growth ETF Portfolio VGRO Morningstar Analyst Rating Quantitative rating as of Oct 31, 2020. A quick overview of the composition is presented below in a table. XGRO/VGRO vs XUS/VFV why choose one over the other? Company profile for Ishares Core Growth ETF Portfolio (XGRO.TO) including business summary, key statistics, ratios, sector. Hi Su-Chong, I prefer XGRO over VGRO because it has a little more on the US equities which is any day better than Canadian returns. Simply put, VGRO is extremely well-diversified and invests your money in seven of the top-performing Vanguard funds making it extremely robust and high performance. Due to financial reasons I have maxed my contribution into RRSP at questrade and bought XGRO. What’s interesting is that they performed almost the same for all of 2018. Blackrock XGRO holds two different ETFs for Canadian bond market – one for government bonds and one for corporate bonds). Today this article shows up in my Twitter feed. You should know the most optimal order on how to harvest your assets with respect to accou… Actually, Bonds are my 4th best performing asset class this year behind Tech, Gold, Renewables. I checked the performance comparison on google finance today and VGRO is +16.5%, while XGRO is 8.8% (this was from feb 2018 to present, which was the max term on google finance). Splitting up XGRO into it's components would save you an … Browse a complete list of Vanguard products, including index and active ETFs, asset allocation ETFs, and actively managed mutual funds. A simple and efficient way to gain exposure to a portfolio of ETFs that is broadly diversified by asset class and across regions, in one convenient package 2. XBAL is 60% Equity/ 40% Bonds, while XGRO is 80% Equity/ 20% Bonds. Comment document.getElementById("comment").setAttribute( "id", "a780698798394b95b04eae5f80314dca" );document.getElementById("ae0ec654b1").setAttribute( "id", "comment" ); Your email address will not be published. First, you may need to wait for hours before the sale is finalized (i.e. Thanks for addressing this question. Here’s Jennifer, who wants to know whether she’d be suitable for an all-equity portfolio of ETFs (like my own two-fund solution): “Hey Robb, I’ve just discovered you and your site from the Rational Reminder podcast. XGRO has a target allocation of 80% stocks to 20% bonds and has been around since 2007 under a different name – iShares Balanced Growth CorePortfolio Index ETF (CBN). New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceCanada community, Continue browsing in r/PersonalFinanceCanada, Press J to jump to the feed. Its a tradeoff and depends on your outlook for difference indices. I checked the performance comparison on google finance today and VGRO is +16.5%, while XGRO is 8.8% (this was from feb 2018 to present, which was the max term on google finance). XGRO’s management expense ratio clocks in at around 0.20% while VGRO has an expense ratio of roughly 0.25%. Full Disclosure: None. At $10000, a 0.02% savings difference is $2. Given that XGRO holds 80% equities and 20% bonds, it makes sense that XGRO didn’t return as high on Feb 20, 2020 and didn’t perform as poorly on Mar 23, 2020 when compared to the three all equity ETFs. 9. there’s someone looking to trade them). BMO ZGRO = 0.20% Blackrock (iShares) is the clear winner here, having dropped its fees from 0.84% to 0.18% in 2018. Here are the underlying ETF funds that make up XGRO as of June 23, 2020: Compared to VGRO, XGRO has a management fee of 0.18% (vs. 0.22%) and management expense ratio of 0.20% (vs. 0.25%). Luckily for us retail customers, these fees have been driven lower due to competition. Learn about VGRO (XTSE) with our data and independent analysis including price, star rating, asset allocation, capital gains, and dividends. Performance history 3months Year to date 1year 3years 5years Since inception VGRO Market price return -0.83% 0.34% 3.89% — — 4.03% VGRO Net asset value (NAV) return -0.80% 0.46% 3.95% — — 4.06% †The management expense ratio (MER) is the MER as of March 31, 2020, including waivers and absorptions and is expressed as an annualized percentage of the daily average net asset value. Its underlying ETF funds at the time were: XGRO vs. VGRO. 8. Vanguard, on the other hand, gives you better global exposure to bonds. I get that differences in MER are small, but in a $100k TFSA portfolio the difference between 0.18% and 0.22% would add up to $40 a year, without needing to do anything except make the right choice once. If I had a gun to my head and had to pick one, I suppose I would go with the iShares Growth ETF Portfolio (XGRO) option for three main reasons (1) lower management fee, (2) higher yield, and (3) higher US exposure (which provides a more global reach since 1/2 the revenue of S&P 500 companies comes from overseas). Another advantage of using iShares is that they offer DRIP/PACC/SWP programs, so you can really put this on cruise control by setting this up one time and automating it. You should note that the MER for ZGRO and XGRO are yet to be determined, as the funds are only a few months old. So, liquidity isn’t just a convenience. This article does a decent job comparing the two ETF's. Performance charts for iShares Core Growth ETF Portfolio (XGRO - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines. They both have the same listed expense ratio (0.18) and BMO provides an estimated MER of 0.20, but we won’t know the true MER until February 2020. With only C$40M in assets and just a handful of trades a day, selling or buying them can be a problem. Current and Historical Performance Performance for ISHARES CORE GROWTH ETF PORTFOL on Yahoo Finance. One of the most important considerations when it comes to picking ETFs is the fees. One of the most important considerations when it comes to picking ETFs is the fees. However, XGRO has a few differences with VGRO that makes it stand out. 2. Can't compare the two prior to then. 9. It will be interesting to see what the yield from BMO ZGRO will be once the first quarter ends. – if XGRO’s inception date of 2007 June, why is its price “slightly” lower than VGRO’s inception since 2018 Jan? However, XGRO has a higher allocation to US equities than VGRO. I have combined the various ETFs which belong to the same asset class to provide a simplified view (for e.g. 8. Sounds great but…. BMO uses S&P 500 for US equity exposure (VGRO & XGRO use US Total Stock Market instead). Do you use ETFs and have considered switching to the one-fund solution? Of course, nothing on this site is concrete advice. XGRO’s management expense ratio clocks in at around 0.20% while VGRO has an expense ratio of roughly 0.25%. Re the 0.84%, its an old fact sheet that iShares hasnt updated. The XGRO inception date is showing 2007 because of the old ETF that used was converted into XGRO. Should I stick with XGRO? As of September 30, 2020, it had an 80.01% stocks vs. 19.92% bonds allocation. Hard to tell. Home. Cash and cash equivalents made up the remaining 0.07%. The new management fee is 0.18% for XGRO. Fees arent compounded if an ETF holds other ETFs. Moving from Questrade to Interactive Brokers, https://www.financieelonafhankelijkblog.nl, 2 Recent Buys – XGRO, RNX | Roadmap2Retire, 2020 Top Investment Picks – Q3 Update | Roadmap2Retire, How to Know if Your Broker is Legit? VGRO holds about 5% in bonds outside of the United States. Has anyone given thought to buying two or three with time for even broader diversification? In fact, I use ETFs in my portfolio as I follow a multi-pronged approach to investing – ETFs for broad diversification & market returns, dividend growth stocks for more concentrated investing and potential over or underperformance, and high growth stocks (potential moonshots). https://www.blackrock.com/ca/individual/en/products/239447/ishares-balanced-growth-coreportfoliotm-fund, If you look at the Facts section, the Management Fee is 0.18% and the MER is not yet reported (since the fund is less than 1 year old). In a decade, I’m sure the difference in results will be minimal and we will be hard pressed to justify one against the other. Both XGRO and VGRO have a low-medium risk rating. ... XGRO… One thing the Dutch blog https://www.financieelonafhankelijkblog.nl taught me (and the point he keeps repeating) is that a slightly lower MER will, over the course of 20 or 30 years, make a huge difference. – VGRO’s avg. What are your thoughts on this? BMO Balanced ETF (ZBAL) is like VBAL, with 60% in stocks and 40% in fixed income. XGRO iShares Core Growth ETF Portfolio NAV as of Dec 14, 2020 CAD 22.99 52 WK: 16.57 - 23.21 1 Day NAV Change as of Dec 14, 2020 -0.09 (-0.38%) NAV Total Return as of Dec 11, 2020 YTD: 9.86% … Cash and cash equivalents made up the … XGROs MER is also low at around 0.2%. Past performance of a security may or may not be sustained in future and is no indication of future performance. BlackRock’s new tickers come as no surprise; their XBAL and XGRO will be in direct competition with Vanguard’s VBAL and VGRO (Note: The ticker for each iShares Fund is expected to change on or about December 18, 2018).The MER for each Vanguard fund is 0.25%; the projected MER for each iShares ETF is around 0.21%. Justin Bender estimates FWT for VGRO at 0.22 and 0.20 for XGRO. And that’s exactly what VGRO has delivered to its investors in terms of performance. XGRO has slightly lower MER than Vanguards VGRO at 0.20% vs 0.25%, and a slightly different asset mix also, seen here: The U.S and international weighting are slightly more, and Canadian and emerging markets are slightly less. I will update this post when the data becomes available. However, Vanguard is known to routinely cut expenses on its funds, so I wouldn’t be too surprised if they cut their fees further as the competition heats up. The good news is that these all-in-one ETF portfolios have been embraced by many do-it-yourself investors: VGRO, for example, has attracted more than $570-million in assets in barely a year. XGRO/VGRO vs XUS/VFV why choose one over the other? Current and Historical Performance Performance for ISHARES CORE GROWTH ETF PORTFOL on Yahoo Finance. Asset Allocation ETFs are one of the most popular index fund ETFs in Canada. Two ETF Portfolio vs. VGRO. You just need to plug in the numbers yourself, it’s all relative. It is really hard to choose between the three funds. VGRO, XGRO, VEQT XEQT The ishares funds have lower MERs. XGRO was a totally different fund prior to December 2018. volume and volume “doubles” XGRO’s volumes. or diversify based on canadian portfolio manager. XGRO vs. VGRO. Required fields are marked *. However, Vanguard is known to routinely cut expenses on its funds, so I wouldn’t be too surprised if they cut their fees further as the co… Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. To be honest, I have been staring at this comparison for over a month and end up with analysis paralysis. Regarding foreign with-holding taxes, ZGRO holds 20% ZEA, and the foreign assets are held largely through directly held shares, whereas the competition (Vanguard, Blackrock) holds the foreign assets indirectly through US based shares, which attract US foreign with-holding tax, even on non-US asset derived dividends. iShares Core Growth ETF Portfolio, or XGRO, is a similar product that is offered by Blackrock. Each ETF has a slightly different portfolio composition. Unfortunately, we cant answer this question now and we will only know in hindsight 5,10,20 yrs later that one was better than the other. XGRO vs. VGRO. Blackrock’s iShares Core Growth ETF Portfolio (XGRO) is an all-in-one growth portfolio similar to VGRO. At $100000 it’s $20. Is it an error? Current and Historical Performance Performance for ISHARES CORE GROWTH ETF PORTFOL on Yahoo Finance. Looking to purchase XGRO or VGRO for 20 + years. If you’re a self-directed investor you should know what you’re doing. But then there was a pretty big divergence at the beginning of 2019 between the two. I have received a few questions on this front, so I will try to provide a simple overview on this front. For detail information about the Morningstar Star Rating for Stocks, please visit here. Hey guys, has anyone taken a look at the comparison of returns between XGRO and VGRO? Once for the one-fund solution Plus check out how it compares vs. BlackGuard's XGRO. https://cdn.canadianportfoliomanagerblog.com/wp-content/uploads/2020/01/Model-ETF-Portfolios-iShares-2019-12-31-Light.pdf, https://cdn.canadianportfoliomanagerblog.com/wp-content/uploads/2020/01/Model-ETF-Portfolios-Vanguard-2019-12-31-Light.pdf. Liquidity is important when you are considering an ETF — esp for something with a total market exposure. | Roadmap2Retire, Online Sources of Reliable Information on Retirement Planning, 3 Recent Buys – AMZN, MELI, CSU | Roadmap2Retire, Canadian Bond Etf | Latest News: Top News & Headlines, Breaking News, International Bond Etfs | Bay Area breaking news, local news and more, Personal Pension Plan Usa | Read the Latest World News - News World, Investing In Oil Wells | Bay Area breaking news, local news and more, Coca Cola Annual Report | World Development Information, How To Invest In Water | News - Breaking News, Latest News & Top Video News, Coca-cola Annual Report | World Development Information, Vanguard Growth ETF Portfolio (TSE: VGRO), Vanguard gives Canadian equities a bigger piece of the pie at 23%, Vanguard is the only fund that has ex-North America exposure in the bond market. The three comparable growth multi-asset ETFs compared in this post are: All three have an approx 80/20 stocks/bonds approach. We go over the main features of Vanguard's VGRO ETF, including its distribution. As of September 30, 2020, it had an 80.01% stocks vs. 19.92% bonds allocation. ZGRO also has a management fee of 0.18%. Press question mark to learn the rest of the keyboard shortcuts. XGRO MER is 0.84% – Why is it that high? Should you invest in the VGRO stock ETF? Fees does make a big difference over the years. Found a XGRO fact sheet on Ishares.com/ca and it stated as of 04/30/2019, And XGRO was another ETF before this current setup. T here’s no denial of the fact that Vanguard’s … That does make a consistent difference, although small. Will investing in a one-fund solution make me pay MER twice? Performance charts for Vanguard Growth ETF Portfolio (VGRO - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines. Our full list of holdings is available here. The Canadian ETF providers have thus launched the all-in-one multiasset ETFs which addresses these problems and fills the gap in the market. 1. You should understand your personal tax situation. I checked the performance comparison on google finance today and VGRO is +16.5%, while XGRO is 8.8% (this was from feb 2018 to present, which was the max term on google finance). Mail; Finance Home. J’ai initialement choisi XGRO au lieu de VGRO à cause des frais de gestion. MultiAsset ETFs are what they sound like, a single ETF that hold multiple assets in it – i.e., both stocks and bonds to provide a one-stop shop for retail investors to follow a buy-and-forget couch potato style investing approach. I personally like XGRO better due to the lower fees and higher exposure to the US equity market. Honestly, they're both really good ETF's so it's hard to go wrong. XGROs MER is also low at around 0.2%. Similarly, BMO’s MER is only an estimate at this point (for the same reason). The volume provides more liquidity in the the ETF market, but the funds still flow into the underlying stocks and bonds. XGRO – It’s a great product that is well-diversified with an overall portfolio of 80% global equities and 20% bonds. iShares provides more exposure to US market, and since US companies in general have a more global reach, results in more global exposure, iShares has a very low EM equity exposure at only 3.9%. I believe you’ve quoted the XGRO MF rather than the MER. What’s interesting is that they performed almost the same for all of 2018. From a diversification perspective, I dont think you need to pick something else since XGRO already gives you multi-asset global exposure, unless you want to invest in something more sector specific or alternatives. The iShares ETF has existed for a long time under the ticker TSE:CBN. Given the current and past performance of both ETFs why would anyone choose XGRO/VGRO over XUS/VFV? Share your thoughts below. XEQT holds ITOT ISHARES CORE S&P TOTAL U.S. STOCK - US LISTED XEF ISHARES MSCI EAFE IMI INDEX - … Vanguard’s Growth ETF Portfolio (VGRO) is similar to XGRO in its equity: bond allocation and investment objectives. BMO Growth ETF (ZGRO) is like Vanguard’s VGRO, 80% in equities and 20% in fixed income. This means that if the Canadian market goes up, you will benefit more from VGRO. Might be the composition of the bond portion. Vanguard VGRO has an MER of 0.25%, which is higher than iShares XGRO MER of 0.20%. They just rebranded it and dropped the MER from 0.84% to 0.18%. While there are different ETFs with different weighting based on risk tolerance (growth vs balanced vs conservative portfolio ETFs), this post will look at the growth-oriented series, since that seems to garner the most attention from the readers. I am a big fan of using ETFs and recommend it for most people who are not familiar with investing, or do not want the risk of researching and monitoring individual companies, or simply do not have the time to dedicate to follow various stocks in the public investing markets. In depth view into VGRO.TO (Vanguard Growth ETF Portfolio) including performance, dividend history, holdings and portfolio stats. Mail; News; Sports; Finance; Celebrity; Style; Movies; Weather; Answers; Mobile; Yahoo. Additionally, Vanguard VGRO has a home bias in terms of its inclination towards Canadian markets compared to iShares XGRO’s inclination towards US markets. No matching results for '' Tip: Try a valid symbol or a specific company name for relevant results. Agreed on both points. Us equities which is at 0 Portfolio similar to XGRO in its equity: bond and! By Blackrock at 0 ’ ai initialement choisi XGRO au lieu de VGRO cause... Choisi XGRO au lieu de VGRO à cause des frais de gestion Google! 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