Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VEQT.TO Vanguard All-Equity ETF Portfolio | Global Equities | 99.46% |
FIE.TO iShares Canadian Financial Monthly Income ETF | Canada Equities | 0.54% |
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Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Wealthsimple FHSA, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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Returns By Period
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | -2.55% | 1.59% | 9.53% | 7.06% | 25.21% | 21.24% | 14.93% | 14.26% |
Portfolio Wealthsimple FHSA | -2.60% | 1.06% | 10.46% | 10.65% | — | — | — | — |
| Portfolio components: | ||||||||
FIE.TO iShares Canadian Financial Monthly Income ETF | 0.09% | 2.57% | 9.76% | 9.52% | 28.08% | 23.89% | 11.99% | 11.42% |
VEQT.TO Vanguard All-Equity ETF Portfolio | -2.61% | 1.06% | 10.46% | 10.66% | — | — | — | — |
Monthly Returns
Based on dividend-adjusted daily data since Jun 9, 2025, Wealthsimple FHSA's average daily return is +0.10%, while the average monthly return is +1.97%. At this rate, an investment would double in approximately 3.0 years.
Historically, 77% of months were positive and 23% were negative. The best month was Apr 2026 with a return of +6.0%, while the worst month was Mar 2026 at -4.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 1 months.
On a daily basis, Wealthsimple FHSA closed higher 58% of trading days. The best single day was Mar 31, 2026 with a return of +2.7%, while the worst single day was Jun 5, 2026 at -2.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.82% | 3.36% | -4.39% | 6.04% | 4.99% | -1.40% | 10.46% | ||||||
| 2025 | 2.20% | 2.37% | 2.85% | 4.89% | 2.21% | 1.13% | -0.41% | 16.19% |
Benchmark Metrics
Wealthsimple FHSA has an annualized alpha of 7.07%, beta of 0.79, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since June 09, 2025.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (94.88%) than losses (58.27%) - typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 7.07% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 7.07%
- Beta
- 0.79
- R²
- 0.70
- Upside Capture
- 94.88%
- Downside Capture
- 58.27%
Expense Ratio
Wealthsimple FHSA has an expense ratio of 0.24%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Wealthsimple FHSA and compares them with S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
FIE.TO iShares Canadian Financial Monthly Income ETF | 88 | 3.20 | 4.34 | 1.62 | 3.99 | 12.95 |
VEQT.TO Vanguard All-Equity ETF Portfolio | — | — | — | — | — | — |
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Dividends
Dividend yield
Wealthsimple FHSA provided a 1.30% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.30% | 1.43% | 0.03% | 0.04% | 0.04% | 0.03% | 0.04% | 0.04% | 0.04% | 0.03% | 0.04% | 0.04% |
| Portfolio components: | ||||||||||||
FIE.TO iShares Canadian Financial Monthly Income ETF | 4.53% | 4.94% | 5.83% | 6.98% | 7.31% | 5.92% | 7.10% | 6.65% | 7.38% | 6.28% | 6.59% | 7.43% |
VEQT.TO Vanguard All-Equity ETF Portfolio | 1.28% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Wealthsimple FHSA. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Wealthsimple FHSA was 8.04%, occurring on Mar 20, 2026. Recovery took 16 trading sessions.
The current Wealthsimple FHSA drawdown is 2.60%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -8.04%Mar 2026 | 21d | 25d | 1mo 16dFeb 2026 - Apr 2026 |
2025 pullback2025 | -3.67%Nov 2025 | 7d | 7d | 14dNov 2025 - Nov 2025 |
2026 pullback2026 | -2.82%Feb 2026 | 17d | 13d | 1moJan 2026 - Feb 2026 |
2025 pullback2025 | -2.65%Oct 2025 | 3d | 10d | 13dOct 2025 - Oct 2025 |
2026 pullback2026 | -2.60%Jun 2026 | 0s | — | 4d 2hJun 2026 - now |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 2 assets, with an effective number of assets of 1.01, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.
Diversification Ratio
All Time | |
|---|---|
Diversification Ratio | 1.00 |
The portfolio has a diversification ratio of 1.00, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
Wealthsimple FHSA correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025 | 0.80 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VEQT.TO has the highest benchmark correlation at 0.80, while FIE.TO has the lowest at 0.62.
Asset Correlations Table
Find what Wealthsimple FHSA is missing
See which holdings overlap, where Wealthsimple FHSA is concentrated, and which low-correlation assets could fill the gaps.
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