Fidelity U.S. High Quality ETF (FCUQ.TO)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

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

Fidelity U.S. High Quality ETF (FCUQ.TO) has returned -5.25% so far this year and 0.81% over the past 12 months.

Based on dividend-adjusted daily data since Jan 24, 2019, FCUQ.TO's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, your investment would double in approximately 4.9 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +10.6%, while the worst month was Feb 2020 at -7.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FCUQ.TO closed higher 50% of trading days. The best single day was Mar 17, 2020 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -12.1%.

Fidelity U.S. High Quality ETF has an annualized alpha of 2.64%, beta of 0.86, and R² of 0.76 versus S&P 500 Index. Calculated based on daily prices since January 25, 2019.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (97.27%) than losses (91.92%) — typical of diversified or defensive assets.
• This ETF generated an annualized alpha of 2.64% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.86 and R² of 0.76, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FCUQ.TO has an expense ratio of 0.35%, placing it in the medium range.

FCUQ.TO ranks 13 for risk / return — in the bottom 13% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

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

Fidelity U.S. High Quality ETF provided a 0.76% dividend yield over the last twelve months, with an annual payout of CA$0.49 per share.

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

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.

The table below displays the maximum drawdowns of the Fidelity U.S. High Quality 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 U.S. High Quality ETF was 25.36%, occurring on Mar 23, 2020. Recovery took 52 trading sessions.

The current Fidelity U.S. High Quality ETF drawdown is 9.46%.

The chart below shows the rolling one-month volatility.