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Fidelity Canadian Short Term Corporate Bond ETF (FCSB.NEO) Alternatives

ETF · Currency in CAD · Last updated Jun 25, 2026

FCSB.NEO is a passive ETF by Fidelity tracking the investment results of the FTSE Canada Short Term Corporate Bond 5% Capped Index. FCSB.NEO launched on Sep 20, 2019 and has a 0.44% expense ratio.

Fidelity Canadian Short Term Corporate Bond ETF (FCSB.NEO) belongs to the Corporate Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FCSB.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FCSB.NEO

FCSB.NEO charges 0.44% annually. There are 14 ETFs in the Corporate Bonds category with lower expense ratios, going as low as 0.09%.

SymbolNameExpense RatioAUMInception
VAB.TO
Vanguard Canadian Aggregate Bond Index ETF0.09%7.36BNov 2011FCSB.NEO vs VAB.TO
XIGS.TO
iShares 1-5 Year U.S. IG Corporate Bond Index ETF ...0.16%—Jul 2021FCSB.NEO vs XIGS.TO
ZCB.TO
BMO Corporate Bond Index ETF0.17%1.94BMar 2018FCSB.NEO vs ZCB.TO
VCB.TO
Vanguard Canadian Corporate Bond Index ETF0.17%802.07MJan 2017FCSB.NEO vs VCB.TO
XCBG.TO
iShares ESG Advanced Canadian Corporate Bond Index...0.17%—Aug 2021FCSB.NEO vs XCBG.TO

Best Risk-Adjusted Alternatives to FCSB.NEO

FCSB.NEO has a PortfoliosLab risk / return rank of 51. There are 3 ETFs in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 55.

SymbolNameRisk / Return RankAUMInception
ZBBB.TO
BMO BBB Corporate Bond Index ETF
55
20.89MJan 2020FCSB.NEO vs ZBBB.TO
XHB.TO
iShares Canadian HYBrid Corporate Bond Index ETF
54
227.18MSep 2010FCSB.NEO vs XHB.TO
ZIC.TO
BMO Mid-Term US Investment Grade Corporate Bond In...
51
3.79BMar 2013FCSB.NEO vs ZIC.TO
FLCI.TO
Franklin Canadian Corporate Bond Fund ETF
46
144.02MMay 2017FCSB.NEO vs FLCI.TO
XCBG.TO
iShares ESG Advanced Canadian Corporate Bond Index...
43
—Aug 2021FCSB.NEO vs XCBG.TO

Top Performing FCSB.NEO Alternatives (YTD)

FCSB.NEO is at 1.76% YTD. There are 10 ETFs in the Corporate Bonds category with higher YTD returns, going as high as 4.31%.

SymbolNameYTD ReturnAUMInception
ZIC.TO
BMO Mid-Term US Investment Grade Corporate Bond In...
4.31%
3.79BMar 2013FCSB.NEO vs ZIC.TO
ZCM.TO
BMO Mid Corporate Bond Index ETF
2.47%
1.46BJan 2010FCSB.NEO vs ZCM.TO
XHB.TO
iShares Canadian HYBrid Corporate Bond Index ETF
2.43%
227.18MSep 2010FCSB.NEO vs XHB.TO
ZCB.TO
BMO Corporate Bond Index ETF
2.34%
1.94BMar 2018FCSB.NEO vs ZCB.TO
FLCI.TO
Franklin Canadian Corporate Bond Fund ETF
2.34%
144.02MMay 2017FCSB.NEO vs FLCI.TO

Lowest Volatility Alternatives to FCSB.NEO

FCSB.NEO has 2.73% 1-year volatility. There is 1 ETF in the Corporate Bonds category with lower 1-year volatility, going as low as 2.25%.

SymbolNameVolatility 1YAUMInception
XIGS.TO
iShares 1-5 Year U.S. IG Corporate Bond Index ETF ...2.25%—Jul 2021FCSB.NEO vs XIGS.TO
XCBG.TO
iShares ESG Advanced Canadian Corporate Bond Index...3.01%—Aug 2021FCSB.NEO vs XCBG.TO
CBH.TO
iShares 1-10 Year Laddered Corporate Bond Index ET...3.12%513.94MOct 2011FCSB.NEO vs CBH.TO
ZBBB.TO
BMO BBB Corporate Bond Index ETF3.13%20.89MJan 2020FCSB.NEO vs ZBBB.TO
XHB.TO
iShares Canadian HYBrid Corporate Bond Index ETF3.31%227.18MSep 2010FCSB.NEO vs XHB.TO

Lowest Drawdown Alternatives to FCSB.NEO

FCSB.NEO has a 1-year max drawdown of -1.58%. No ETFs in the Corporate Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -1.60%.

SymbolNameMax Drawdown 1YAUMInception
XIGS.TO
iShares 1-5 Year U.S. IG Corporate Bond Index ETF ...
-1.60%
—Jul 2021FCSB.NEO vs XIGS.TO
ZBBB.TO
BMO BBB Corporate Bond Index ETF
-1.97%
20.89MJan 2020FCSB.NEO vs ZBBB.TO
XCBG.TO
iShares ESG Advanced Canadian Corporate Bond Index...
-2.03%
—Aug 2021FCSB.NEO vs XCBG.TO
CBH.TO
iShares 1-10 Year Laddered Corporate Bond Index ET...
-2.14%
513.94MOct 2011FCSB.NEO vs CBH.TO
FLCI.TO
Franklin Canadian Corporate Bond Fund ETF
-2.27%
144.02MMay 2017FCSB.NEO vs FLCI.TO

Other ETFs from Fidelity

The 10 most viewed Fidelity ETFs shown here include FEQT.NEO, FINN.NEO, FCCM.NEO and span 9 categories. AUM among these funds goes as high as $9B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FEQT.NEO
Fidelity All-in-One Equity ETF FundDiversified Portfolio
73
11.26%
—Jan 2022FCSB.NEO vs FEQT.NEO
FINN.NEO
Fidelity Global Innovators ETFTechnology Equities
88
38.96%
—May 2023FCSB.NEO vs FINN.NEO
FCCM.NEO
Fidelity Canadian Momentum Index ETFMomentum, Canada Equities
79
9.13%
—Jun 2020FCSB.NEO vs FCCM.NEO
FBTC.TO
Fidelity Advantage Bitcoin ETFCryptocurrency
2
-29.14%
1.39BNov 2021FCSB.NEO vs FBTC.TO
FCUV.TO
Fidelity U.S. Value ETFLarge Cap Value Equities
84
15.93%
3.49BJun 2020FCSB.NEO vs FCUV.TO
FBAL.NEO
Fidelity All-in-One Balanced ETFDiversified Portfolio
68
7.72%
8.96BJan 2021FCSB.NEO vs FBAL.NEO
FGRO.NEO
Fidelity All-in-One Growth ETFDiversified Portfolio
71
9.74%
4.70BJan 2021FCSB.NEO vs FGRO.NEO
FCIM.NEO
Fidelity International Momentum Index ETFMomentum, International Equity
75
22.98%
—Jun 2020FCSB.NEO vs FCIM.NEO
FCMO.NEO
Fidelity US Momentum ETFMomentum, Large Cap Growth Equities
63
21.75%
—Jun 2020FCSB.NEO vs FCMO.NEO
FCIV.TO
Fidelity International Value ETFForeign Large Cap Equities
77
14.83%
2.19BJun 2025FCSB.NEO vs FCIV.TO

Often Compared With FCSB.NEO

Investors most often compare FCSB.NEO with DCBC.TO, XIG.TO, XCB.TO. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
DCBC.TO
Desjardins Canadian Corporate Bond Index ETFCorporate Bonds
33
1.88%
—Apr 2024FCSB.NEO vs DCBC.TO
XIG.TO
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedg...Corporate Bonds
18
0.33%
289.33MJan 2010FCSB.NEO vs XIG.TO
XCB.TO
iShares Core Canadian Corporate Bond Index ETFCorporate Bonds
35
2.10%
3.36BNov 2006FCSB.NEO vs XCB.TO
FCID.TO
Fidelity International High Dividend ETFDividend
67
9.68%
347.00MSep 2018FCSB.NEO vs FCID.TO
CACB.TO
CIBC Active Investment Grade Corporate Bond ETFCorporate Bonds
40
2.13%
1.45BJan 2019FCSB.NEO vs CACB.TO
FCCQ.TO
Fidelity Canadian High Quality ETFCanada Equities
67
5.82%
967.80MJan 2019FCSB.NEO vs FCCQ.TO

Compare FCSB.NEO with Any Fund or Stock

Compare FCSB.NEO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair FCSB.NEO with funds that move differently

Fidelity Canadian Short Term Corporate Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCSB.NEO.

Explore FCSB.NEO Diversifiers