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Fidelity Global Innovators ETF (FINN.NEO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
CA3162411084
CUSIP
316241108
Issuer
Fidelity
Inception Date
May 19, 2023
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
Canada
Distribution Policy
Accumulating
Asset Class
Equity

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 Global Innovators 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

FINN.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 Global Innovators ETF (FINN.NEO) has returned 0.34% so far this year and 34.20% over the past 12 months.


Fidelity Global Innovators ETF

1D
4.67%
1M
-5.47%
YTD
0.34%
6M
-1.31%
1Y
34.20%
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 May 25, 2023, FINN.NEO's average daily return is +0.12%, while the average monthly return is +2.51%. At this rate, your investment would double in approximately 2.3 years.

Historically, 66% of months were positive and 34% were negative. The best month was Feb 2024 with a return of +13.1%, while the worst month was Mar 2025 at -7.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FINN.NEO closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +9.0%, while the worst single day was Apr 3, 2025 at -5.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.05%2.03%-5.47%0.34%
20255.87%-7.50%-7.90%-2.99%9.97%7.77%8.76%-1.52%10.43%2.88%-2.22%-2.23%20.61%
20247.17%13.07%5.91%-3.59%6.72%6.30%-2.29%-2.34%2.89%2.33%10.22%2.07%58.65%
20230.78%3.56%4.93%0.80%-5.89%-0.93%9.06%5.02%17.86%

Benchmark Metrics

Fidelity Global Innovators ETF has an annualized alpha of 8.52%, beta of 1.26, and R² of 0.67 versus S&P 500 Index. Calculated based on daily prices since May 26, 2023.

  • This ETF captured 179.77% of S&P 500 Index gains and 133.68% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This ETF generated an annualized alpha of 8.52% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha
8.52%
Beta
1.26
0.67
Upside Capture
179.77%
Downside Capture
133.68%

Expense Ratio

FINN.NEO has a high expense ratio of 1.13%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

FINN.NEO ranks 76 for risk / return — better than 76% 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.


FINN.NEO Risk / Return Rank: 7676
Overall Rank
FINN.NEO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
FINN.NEO Sortino Ratio Rank: 7575
Sortino Ratio Rank
FINN.NEO Omega Ratio Rank: 6969
Omega Ratio Rank
FINN.NEO Calmar Ratio Rank: 8686
Calmar Ratio Rank
FINN.NEO Martin Ratio Rank: 7676
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 Global Innovators ETF (FINN.NEO) and compare them to a chosen benchmark (S&P 500 Index).


FINN.NEOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.41

0.69

+0.72

Sortino ratio

Return per unit of downside risk

1.95

1.06

+0.89

Omega ratio

Gain probability vs. loss probability

1.26

1.17

+0.10

Calmar ratio

Return relative to maximum drawdown

2.66

1.14

+1.52

Martin ratio

Return relative to average drawdown

8.41

4.22

+4.19

Explore FINN.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 Global Innovators 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 Global Innovators 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 Global Innovators ETF was 25.66%, occurring on Apr 8, 2025. Recovery took 67 trading sessions.

The current Fidelity Global Innovators ETF drawdown is 7.83%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-25.66%Jan 24, 202552Apr 8, 202567Jul 15, 2025119
-15.42%Jul 11, 202419Aug 7, 202464Nov 7, 202483
-11.94%Jan 29, 202642Mar 30, 2026
-10.87%Jul 19, 202369Oct 26, 202313Nov 14, 202382
-10.58%Oct 30, 202516Nov 20, 202534Jan 12, 202650

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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