CYH.TO vs. FGEP.TO
CYH.TO (iShares Global Monthly Dividend Index ETF (CAD-Hedged)) and FGEP.TO (Fidelity Global Equity+ Fund ETF) are both Global Equities funds. CYH.TO is passively managed, while FGEP.TO is actively managed. Over the past year, CYH.TO returned 23.68% vs 33.77% for FGEP.TO. At a 0.46 correlation, their price movements are largely independent. CYH.TO charges 0.66%/yr vs 1.16%/yr for FGEP.TO.
Performance
CYH.TO vs. FGEP.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CYH.TO achieves a 10.22% return, which is significantly lower than FGEP.TO's 17.63% return.
CYH.TO
- 1D
- 0.26%
- 1M
- -0.11%
- YTD
- 10.22%
- 6M
- 11.20%
- 1Y
- 23.68%
- 3Y*
- 16.48%
- 5Y*
- 8.53%
- 10Y*
- 8.21%
FGEP.TO
- 1D
- 0.73%
- 1M
- 5.77%
- YTD
- 17.63%
- 6M
- 17.82%
- 1Y
- 33.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CYH.TO vs. FGEP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CYH.TO iShares Global Monthly Dividend Index ETF (CAD-Hedged) | 10.22% | 18.77% | 3.92% |
FGEP.TO Fidelity Global Equity+ Fund ETF | 17.63% | 17.44% | 9.99% |
Correlation
The correlation between CYH.TO and FGEP.TO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since May 23, 2024 | 0.46 |
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Return for Risk
CYH.TO vs. FGEP.TO — Risk / Return Rank
CYH.TO
FGEP.TO
CYH.TO vs. FGEP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and Fidelity Global Equity+ Fund ETF (FGEP.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.
| CYH.TO | FGEP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.61 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 4.75 | -0.30 |
| Martin ratioReturn relative to average drawdown | 17.05 | 20.01 | -2.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CYH.TO | FGEP.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.39 | 3.24 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.81 | -1.48 |
Drawdowns
CYH.TO vs. FGEP.TO - Drawdown Comparison
The maximum CYH.TO drawdown since its inception was -61.48%, which is greater than FGEP.TO's maximum drawdown of -14.78%. Use the drawdown chart below to compare losses from any high point for CYH.TO and FGEP.TO.
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Drawdown Indicators
| CYH.TO | FGEP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.48% | -14.78% | -46.70% |
Max Drawdown (1Y)Largest decline over 1 year | -5.34% | -7.14% | +1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -12.13% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.30% | — | — |
Current DrawdownCurrent decline from peak | -1.30% | 0.00% | -1.30% |
Average DrawdownAverage peak-to-trough decline | -9.94% | -1.63% | -8.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.39% | 1.69% | -0.30% |
Volatility
CYH.TO vs. FGEP.TO - Volatility Comparison
The current volatility for iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) is 2.62%, while Fidelity Global Equity+ Fund ETF (FGEP.TO) has a volatility of 3.77%. This indicates that CYH.TO experiences smaller price fluctuations and is considered to be less risky than FGEP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CYH.TO | FGEP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 3.77% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.13% | 8.36% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.96% | 10.46% | -0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.58% | 12.69% | +0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.02% | 12.69% | +4.33% |
CYH.TO vs. FGEP.TO - Expense Ratio Comparison
CYH.TO has a 0.66% expense ratio, which is lower than FGEP.TO's 1.16% expense ratio.
Dividends
CYH.TO vs. FGEP.TO - Dividend Comparison
CYH.TO's dividend yield for the trailing twelve months is around 3.33%, while FGEP.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CYH.TO iShares Global Monthly Dividend Index ETF (CAD-Hedged) | 3.33% | 3.77% | 4.33% | 4.68% | 4.72% | 3.89% | 4.51% | 4.01% | 3.98% | 3.03% | 3.39% | 3.84% |
FGEP.TO Fidelity Global Equity+ Fund ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CYH.TO and FGEP.TO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CYH.TO is cheaper at 0.66% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CYH.TO is cheaper with a 0.66% expense ratio, compared with 1.16% for FGEP.TO.
They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.66% for CYH.TO and 1.16% for FGEP.TO.
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