BBCA vs. FICDX

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan BetaBuilders Canada ETF (BBCA) and Fidelity Canada Fund (FICDX).

BBCA is a passively managed fund by JPMorgan that tracks the performance of the Morningstar Canada Target Market Exposure Index. It was launched on Aug 7, 2018. FICDX is managed by Fidelity. It was launched on Nov 17, 1987.

Performance

BBCA vs. FICDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Canada ETF (BBCA) and Fidelity Canada Fund (FICDX). The values are adjusted to include any dividend payments, if applicable.

BBCA vs. FICDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBCA JPMorgan BetaBuilders Canada ETF	1.43%	34.40%	12.79%	14.92%	-12.53%	28.16%	6.20%	28.93%	-15.39%
FICDX Fidelity Canada Fund	0.28%	25.86%	9.15%	14.66%	-6.14%	26.86%	4.43%	25.82%	-13.57%

Returns By Period

In the year-to-date period, BBCA achieves a 1.43% return, which is significantly higher than FICDX's 0.28% return.

BBCA

• 1D: 2.62%
• 1M: -5.31%
• YTD: 1.43%
• 6M: 8.86%
• 1Y: 34.08%
• 3Y*: 19.20%
• 5Y*: 12.04%
• 10Y*: —

FICDX

• 1D: -0.20%
• 1M: -6.90%
• YTD: 0.28%
• 6M: 5.05%
• 1Y: 23.82%
• 3Y*: 14.71%
• 5Y*: 11.33%
• 10Y*: 10.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBCA vs. FICDX - Expense Ratio Comparison

BBCA has a 0.19% expense ratio, which is lower than FICDX's 0.80% expense ratio.

FICDX

Fidelity Canada Fund

BBCA

JPMorgan BetaBuilders Canada ETF

Return for Risk

BBCA vs. FICDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBCA

BBCA Risk / Return Rank: 93
BBCA Sharpe Ratio Rank: 93
BBCA Sortino Ratio Rank: 93
BBCA Omega Ratio Rank: 93
BBCA Calmar Ratio Rank: 92
BBCA Martin Ratio Rank: 95

FICDX

FICDX Risk / Return Rank: 85
FICDX Sharpe Ratio Rank: 84
FICDX Sortino Ratio Rank: 84
FICDX Omega Ratio Rank: 80
FICDX Calmar Ratio Rank: 86
FICDX Martin Ratio Rank: 89

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.

BBCA vs. FICDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Canada ETF (BBCA) and Fidelity Canada Fund (FICDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BBCA	FICDX	Difference
Sharpe ratio Return per unit of total volatility	2.13	1.58	+0.55
Sortino ratio Return per unit of downside risk	2.81	2.17	+0.64
Omega ratio Gain probability vs. loss probability	1.41	1.31	+0.10
Calmar ratio Return relative to maximum drawdown	3.33	2.22	+1.11
Martin ratio Return relative to average drawdown	15.60	9.95	+5.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBCA vs. FICDX - Sharpe Ratio Comparison

The current BBCA Sharpe Ratio is 2.13, which is higher than the FICDX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of BBCA and FICDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BBCA	FICDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	1.58	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.71	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.47	+0.10

Correlation

The correlation between BBCA and FICDX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BBCA vs. FICDX - Dividend Comparison

BBCA's dividend yield for the trailing twelve months is around 1.86%, less than FICDX's 5.68% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBCA JPMorgan BetaBuilders Canada ETF	1.86%	1.83%	2.36%	2.51%	2.65%	2.17%	2.41%	2.32%	1.21%	0.00%	0.00%	0.00%
FICDX Fidelity Canada Fund	5.68%	5.70%	7.44%	3.36%	4.11%	5.16%	2.56%	4.41%	7.33%	0.89%	1.63%	0.15%

Drawdowns

BBCA vs. FICDX - Drawdown Comparison

The maximum BBCA drawdown since its inception was -42.81%, smaller than the maximum FICDX drawdown of -58.09%. Use the drawdown chart below to compare losses from any high point for BBCA and FICDX.

Drawdown Indicators

	BBCA	FICDX	Difference
Max Drawdown Largest peak-to-trough decline	-42.81%	-58.09%	+15.28%
Max Drawdown (1Y) Largest decline over 1 year	-10.42%	-10.10%	-0.32%
Max Drawdown (5Y) Largest decline over 5 years	-24.43%	-21.01%	-3.42%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.85%	—
Current Drawdown Current decline from peak	-5.68%	-7.60%	+1.92%
Average Drawdown Average peak-to-trough decline	-5.97%	-10.56%	+4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.26%	-0.03%

Volatility

BBCA vs. FICDX - Volatility Comparison

JPMorgan BetaBuilders Canada ETF (BBCA) has a higher volatility of 5.79% compared to Fidelity Canada Fund (FICDX) at 4.33%. This indicates that BBCA's price experiences larger fluctuations and is considered to be riskier than FICDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBCA	FICDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	4.33%	+1.46%
Volatility (6M) Calculated over the trailing 6-month period	11.06%	10.16%	+0.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.08%	15.53%	+0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.67%	15.93%	+0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.27%	17.48%	+2.79%