CSH-UN.TO vs. FCCV.TO

Last updated Jun 4, 2026

CSH-UN.TO (Chartwell Retirement Residences) is a stock, while FCCV.TO (Fidelity Canadian Value ETF) is Canada Equities fund tracking the Fidelity Canada Canadian Value Index. Over the past 5 years, CSH-UN.TO returned 15.11%/yr vs 17.48%/yr for FCCV.TO. At a 0.32 correlation, their price movements are largely independent.

Performance

CSH-UN.TO vs. FCCV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Chartwell Retirement Residences (CSH-UN.TO) and Fidelity Canadian Value ETF (FCCV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSH-UN.TO achieves a 4.43% return, which is significantly lower than FCCV.TO's 15.39% return.

CSH-UN.TO

• 1D: 1.92%
• 1M: -5.10%
• YTD: 4.43%
• 6M: 5.22%
• 1Y: 16.15%
• 3Y*: 37.32%
• 5Y*: 15.11%
• 10Y*: 8.18%

FCCV.TO

• 1D: -1.10%
• 1M: 5.29%
• YTD: 15.39%
• 6M: 17.25%
• 1Y: 46.84%
• 3Y*: 24.94%
• 5Y*: 17.48%
• 10Y*: —

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

CSH-UN.TO vs. FCCV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CSH-UN.TO Chartwell Retirement Residences	4.43%	37.84%	34.64%	47.82%	-24.26%	11.10%	21.70%
FCCV.TO Fidelity Canadian Value ETF	15.39%	36.93%	15.47%	11.16%	-3.35%	34.98%	20.55%

Correlation

The correlation between CSH-UN.TO and FCCV.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jun 16, 2020	0.32

The correlation between CSH-UN.TO and FCCV.TO shifts across timeframes, from 0.25 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CSH-UN.TO vs. FCCV.TO — Risk / Return Rank

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

CSH-UN.TO

CSH-UN.TO Risk / Return Rank: 64
CSH-UN.TO Sharpe Ratio Rank: 65
CSH-UN.TO Sortino Ratio Rank: 60
CSH-UN.TO Omega Ratio Rank: 56
CSH-UN.TO Calmar Ratio Rank: 66
CSH-UN.TO Martin Ratio Rank: 71

FCCV.TO

FCCV.TO Risk / Return Rank: 90
FCCV.TO Sharpe Ratio Rank: 92
FCCV.TO Sortino Ratio Rank: 90
FCCV.TO Omega Ratio Rank: 92
FCCV.TO Calmar Ratio Rank: 86
FCCV.TO Martin Ratio Rank: 91

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.

CSH-UN.TO vs. FCCV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chartwell Retirement Residences (CSH-UN.TO) and Fidelity Canadian Value ETF (FCCV.TO). 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.

	CSH-UN.TO	FCCV.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.79	3.36	-2.57
Sortino ratio: Return per unit of downside risk	1.28	4.28	-3.00
Omega ratio: Gain probability vs. loss probability	1.15	1.61	-0.46
Calmar ratio: Return relative to maximum drawdown	1.37	4.81	-3.44
Martin ratio: Return relative to average drawdown	4.01	21.76	-17.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSH-UN.TO vs. FCCV.TO - Sharpe Ratio Comparison

The current CSH-UN.TO Sharpe Ratio is 0.79, which is lower than the FCCV.TO Sharpe Ratio of 3.36. The chart below compares the historical Sharpe Ratios of CSH-UN.TO and FCCV.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CSH-UN.TO	FCCV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	3.36	-2.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	1.17	-0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.46	-1.13

Drawdowns

CSH-UN.TO vs. FCCV.TO - Drawdown Comparison

The maximum CSH-UN.TO drawdown since its inception was -79.53%, which is greater than FCCV.TO's maximum drawdown of -19.81%. Use the drawdown chart below to compare losses from any high point for CSH-UN.TO and FCCV.TO.

Drawdown Indicators

	CSH-UN.TO	FCCV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-79.53%	-19.81%	-59.72%
Max Drawdown (1Y) Largest decline over 1 year	-11.88%	-9.79%	-2.09%
Max Drawdown (3Y) Largest decline over 3 years	-11.88%	-12.31%	+0.43%
Max Drawdown (5Y) Largest decline over 5 years	-39.92%	-19.81%	-20.11%
Max Drawdown (10Y) Largest decline over 10 years	-55.16%	—	—
Current Drawdown Current decline from peak	-6.67%	-1.10%	-5.57%
Average Drawdown Average peak-to-trough decline	-15.77%	-3.54%	-12.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	2.16%	+1.90%

Volatility

CSH-UN.TO vs. FCCV.TO - Volatility Comparison

Chartwell Retirement Residences (CSH-UN.TO) has a higher volatility of 6.35% compared to Fidelity Canadian Value ETF (FCCV.TO) at 3.95%. This indicates that CSH-UN.TO's price experiences larger fluctuations and is considered to be riskier than FCCV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSH-UN.TO	FCCV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	3.95%	+2.40%
Volatility (6M) Calculated over the trailing 6-month period	15.53%	11.43%	+4.10%
Volatility (1Y) Calculated over the trailing 1-year period	20.65%	14.00%	+6.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.12%	14.99%	+6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.27%	14.77%	+9.50%

Dividends

CSH-UN.TO vs. FCCV.TO - Dividend Comparison

CSH-UN.TO's dividend yield for the trailing twelve months is around 2.97%, more than FCCV.TO's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSH-UN.TO Chartwell Retirement Residences	2.97%	3.04%	4.06%	5.22%	7.25%	5.18%	5.45%	4.30%	4.29%	3.52%	3.79%	4.32%
FCCV.TO Fidelity Canadian Value ETF	1.59%	1.84%	2.59%	3.01%	2.45%	1.66%	1.59%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CSH-UN.TO and FCCV.TO in my portfolio?

CSH-UN.TO and FCCV.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.