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Fidelity Canadian Momentum ETF (FCCM.NEO) - Drawdowns issues (average over 53.5%)

TC
Tristan CharronApril 07, 26 | Posted in General

Hello !

I am looking to compare FCCM.NEO to other canadian ETFs but PortfolioLabs seems to display trading days before the inception of the ETF (June 5th 2020) with a considerable drawdown happening at inception, making the Average historical drawdown of 53.15% (which is quite a lot honestly, see pictures below).

I am wondering if this issue is happening with other tickers as well. Would love to see a fix to this since this ETF is quite popular in Canada.

Cheers !

Tristan

2 comments

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DS
Dmitry ShevchenkoApril 11, 26
Hi, thanks for flagging that. There indeed was some incorrect trading data around the ETF's inception. Fixed that.

TC
Tristan CharronApril 11, 26

Seems to work fine now !

Thank you !



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