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Fidelity International High Dividend ETF (FCID.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Fidelity
Inception Date
Sep 13, 2018
Category
Dividend
Leveraged
1x (No leverage)
Index Tracked
Fidelity Canada International High Dividend Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Fidelity International High Dividend ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

FCID.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Fidelity International High Dividend ETF (FCID.TO) has returned 7.53% so far this year and 25.97% over the past 12 months.


Fidelity International High Dividend ETF

1D
2.68%
1M
-2.49%
YTD
7.53%
6M
12.95%
1Y
25.97%
3Y*
19.61%
5Y*
13.76%
10Y*

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 18, 2018, FCID.TO's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, your investment would double in approximately 7.3 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +15.2%, while the worst month was Mar 2020 at -18.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FCID.TO closed higher 49% of trading days. The best single day was Mar 24, 2020 with a return of +10.2%, while the worst single day was Mar 12, 2020 at -13.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.68%5.34%-2.49%7.53%
20255.22%3.06%2.70%-2.31%3.92%1.51%1.67%4.16%2.19%1.32%2.29%1.34%30.48%
20240.77%0.59%3.90%0.40%3.79%-2.54%3.85%0.44%1.82%-2.27%-0.19%-1.49%9.16%
20234.60%-0.35%-1.09%4.11%-4.92%2.19%4.72%-1.12%-2.26%0.06%5.78%3.14%15.21%
20224.52%-2.66%-0.31%-2.52%2.77%-7.73%-0.24%-1.45%-5.26%5.62%11.14%1.54%4.07%
20210.83%6.77%2.79%-0.86%1.99%0.58%-0.75%1.74%-0.55%1.18%-3.33%3.88%14.85%

Benchmark Metrics

Fidelity International High Dividend ETF has an annualized alpha of 2.11%, beta of 0.58, and R² of 0.37 versus S&P 500 Index. Calculated based on daily prices since September 19, 2018.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (51.50%) than losses (50.03%) — typical of diversified or defensive assets.
  • Beta of 0.58 may look defensive, but with R² of 0.37 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.37 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
2.11%
Beta
0.58
0.37
Upside Capture
51.50%
Downside Capture
50.03%

Expense Ratio

FCID.TO has an expense ratio of 0.45%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FCID.TO ranks 79 for risk / return — better than 79% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FCID.TO Risk / Return Rank: 7979
Overall Rank
FCID.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FCID.TO Sortino Ratio Rank: 8080
Sortino Ratio Rank
FCID.TO Omega Ratio Rank: 8282
Omega Ratio Rank
FCID.TO Calmar Ratio Rank: 7272
Calmar Ratio Rank
FCID.TO Martin Ratio Rank: 8080
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity International High Dividend ETF (FCID.TO) and compare them to a chosen benchmark (S&P 500 Index).


FCID.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.59

0.69

+0.90

Sortino ratio

Return per unit of downside risk

2.14

1.06

+1.08

Omega ratio

Gain probability vs. loss probability

1.33

1.17

+0.16

Calmar ratio

Return relative to maximum drawdown

1.94

1.14

+0.80

Martin ratio

Return relative to average drawdown

9.12

4.22

+4.91

Explore FCID.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity International High Dividend ETF provided a 3.29% dividend yield over the last twelve months, with an annual payout of CA$1.17 per share.


0.00%1.00%2.00%3.00%4.00%5.00%CA$0.00CA$0.20CA$0.40CA$0.60CA$0.80CA$1.00CA$1.2020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
DividendCA$1.17CA$1.20CA$1.10CA$1.13CA$1.17CA$0.77CA$0.79CA$0.96CA$0.11

Dividend yield

3.29%3.61%4.16%4.49%5.08%3.30%3.78%3.82%0.44%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity International High Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.03CA$0.03CA$0.05CA$0.10
2025CA$0.06CA$0.03CA$0.03CA$0.17CA$0.24CA$0.12CA$0.12CA$0.06CA$0.03CA$0.15CA$0.04CA$0.14CA$1.20
2024CA$0.05CA$0.05CA$0.01CA$0.10CA$0.21CA$0.17CA$0.20CA$0.05CA$0.06CA$0.11CA$0.00CA$0.10CA$1.10
2023CA$0.08CA$0.02CA$0.01CA$0.10CA$0.25CA$0.24CA$0.11CA$0.07CA$0.04CA$0.07CA$0.01CA$0.15CA$1.13
2022CA$0.03CA$0.01CA$0.01CA$0.13CA$0.17CA$0.26CA$0.17CA$0.05CA$0.05CA$0.12CA$0.03CA$0.15CA$1.17
2021CA$0.04CA$0.00CA$0.01CA$0.09CA$0.10CA$0.14CA$0.11CA$0.00CA$0.02CA$0.12CA$0.02CA$0.12CA$0.77

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 Fidelity International High Dividend ETF. 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 Fidelity International High Dividend ETF was 34.49%, occurring on Mar 23, 2020. Recovery took 447 trading sessions.

The current Fidelity International High Dividend ETF drawdown is 3.10%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.49%Dec 27, 201960Mar 23, 2020447Jan 4, 2022507
-19.68%Feb 10, 2022160Sep 29, 202271Jan 12, 2023231
-15.86%Mar 20, 202514Apr 8, 202556Jun 27, 202570
-11.9%Mar 19, 2019103Aug 14, 201985Dec 13, 2019188
-8.78%Feb 26, 202617Mar 20, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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