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Fidelity All-International Equity ETF (FCIN.NEO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Fidelity
Inception Date
Feb 1, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

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 All-International Equity 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

FCIN.NEO 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 All-International Equity ETF (FCIN.NEO) has returned 6.13% so far this year and 21.05% over the past 12 months.


Fidelity All-International Equity ETF

1D
2.72%
1M
-5.34%
YTD
6.13%
6M
9.44%
1Y
21.05%
3Y*
5Y*
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 Feb 5, 2024, FCIN.NEO's average daily return is +0.08%, while the average monthly return is +1.54%. At this rate, your investment would double in approximately 3.8 years.

Historically, 69% of months were positive and 31% were negative. The best month was Jan 2026 with a return of +6.3%, while the worst month was Mar 2026 at -5.3%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 1 months.

On a daily basis, FCIN.NEO closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +6.0%, while the worst single day was Apr 4, 2025 at -4.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.27%5.50%-5.34%6.13%
20255.74%1.64%3.05%-0.25%3.46%1.67%-0.24%3.22%2.36%1.19%3.01%-1.07%26.32%
20243.50%3.48%-1.87%3.90%-1.65%2.42%2.00%1.34%-2.46%2.71%-3.60%9.80%

Benchmark Metrics

Fidelity All-International Equity ETF has an annualized alpha of 6.77%, beta of 0.52, and R² of 0.34 versus S&P 500 Index. Calculated based on daily prices since February 06, 2024.

  • This ETF captured 45.58% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -12.14%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.52 may look defensive, but with R² of 0.34 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 0.34 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
6.77%
Beta
0.52
0.34
Upside Capture
45.58%
Downside Capture
-12.14%

Return for Risk

Risk / Return Rank

FCIN.NEO ranks 74 for risk / return — better than 74% 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.


FCIN.NEO Risk / Return Rank: 7474
Overall Rank
FCIN.NEO Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FCIN.NEO Sortino Ratio Rank: 7474
Sortino Ratio Rank
FCIN.NEO Omega Ratio Rank: 7070
Omega Ratio Rank
FCIN.NEO Calmar Ratio Rank: 7575
Calmar Ratio Rank
FCIN.NEO Martin Ratio Rank: 7777
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 All-International Equity ETF (FCIN.NEO) and compare them to a chosen benchmark (S&P 500 Index).


FCIN.NEOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.36

0.69

+0.67

Sortino ratio

Return per unit of downside risk

1.92

1.06

+0.86

Omega ratio

Gain probability vs. loss probability

1.27

1.17

+0.10

Calmar ratio

Return relative to maximum drawdown

2.01

1.14

+0.87

Martin ratio

Return relative to average drawdown

8.50

4.22

+4.28

Explore FCIN.NEO 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 All-International Equity ETF doesn't pay dividends

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 All-International Equity 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 All-International Equity ETF was 12.34%, occurring on Apr 8, 2025. Recovery took 23 trading sessions.

The current Fidelity All-International Equity ETF drawdown is 5.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.34%Mar 20, 202514Apr 8, 202523May 12, 202537
-9.56%Feb 27, 202616Mar 20, 2026
-6.34%Jul 15, 202417Aug 7, 202410Aug 21, 202427
-5.23%Dec 10, 202422Jan 13, 202512Jan 29, 202534
-4.39%Oct 16, 202426Nov 20, 202412Dec 6, 202438

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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