EGIF.TO vs. FBAL.NEO

Last updated Jul 25, 2026

EGIF.TO (Exemplar Growth and Income Fund) and FBAL.NEO (Fidelity All-in-One Balanced ETF) are both exchange-traded funds - EGIF.TO is a Tactical Allocation fund actively managed by Arrow Capital Management Inc., while FBAL.NEO is a Diversified Portfolio fund actively managed by Fidelity. Both are actively managed. Over the past 5 years, EGIF.TO returned 7.08%/yr vs 9.35%/yr for FBAL.NEO. At a 0.08 correlation, their price movements are largely independent.

Performance

EGIF.TO vs. FBAL.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Exemplar Growth and Income Fund (EGIF.TO) and Fidelity All-in-One Balanced ETF (FBAL.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGIF.TO achieves a 13.34% return, which is significantly higher than FBAL.NEO's 7.93% return.

EGIF.TO

• 1D: -0.81%
• 1M: 1.14%
• 6M: 6.52%
• YTD: 13.34%
• 1Y: 24.49%
• 3Y*: 15.95%
• 5Y*: 7.08%
• 10Y*: —
• ALL TIME*: 7.98%

FBAL.NEO

• 1D: 0.39%
• 1M: 0.19%
• 6M: 5.44%
• YTD: 7.93%
• 1Y: 15.28%
• 3Y*: 15.53%
• 5Y*: 9.35%
• 10Y*: —
• ALL TIME*: 9.79%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EGIF.TO Exemplar Growth and Income Fund	CA$4.65K	CA$4.45K	CA$8.44K
FBAL.NEO Fidelity All-in-One Balanced ETF	CA$12.18M	CA$11.64M	CA$16.06M

EGIF.TO vs. FBAL.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EGIF.TO Exemplar Growth and Income Fund	13.34%	15.83%	14.66%	-1.77%	-8.22%	13.30%
FBAL.NEO Fidelity All-in-One Balanced ETF	7.93%	12.92%	19.42%	13.96%	-9.60%	11.51%

Correlation

The correlation between EGIF.TO and FBAL.NEO is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jan 21, 2021	0.08

Return for Risk

EGIF.TO vs. FBAL.NEO — Risk / Return Rank

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

EGIF.TO

EGIF.TO Risk / Return Rank: 88
EGIF.TO Sharpe Ratio Rank: 74
EGIF.TO Sortino Ratio Rank: 89
EGIF.TO Omega Ratio Rank: 98
EGIF.TO Calmar Ratio Rank: 88
EGIF.TO Martin Ratio Rank: 91

FBAL.NEO

FBAL.NEO Risk / Return Rank: 78
FBAL.NEO Sharpe Ratio Rank: 79
FBAL.NEO Sortino Ratio Rank: 81
FBAL.NEO Omega Ratio Rank: 79
FBAL.NEO Calmar Ratio Rank: 70
FBAL.NEO Martin Ratio Rank: 78

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.

EGIF.TO vs. FBAL.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Exemplar Growth and Income Fund (EGIF.TO) and Fidelity All-in-One Balanced ETF (FBAL.NEO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EGIF.TO	FBAL.NEO	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.83	-0.14
Sortino ratio: Return per unit of downside risk	3.02	2.63	+0.39
Omega ratio: Gain probability vs. loss probability	2.29	1.34	+0.95
Calmar ratio: Return relative to maximum drawdown	3.70	2.49	+1.21
Martin ratio: Return relative to average drawdown	15.18	10.13	+5.05

EGIF.TO vs. FBAL.NEO - Sharpe Ratio Comparison

The current EGIF.TO Sharpe Ratio is 1.69, which is comparable to the FBAL.NEO Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of EGIF.TO and FBAL.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EGIF.TO vs. FBAL.NEO - Drawdown Comparison

The maximum EGIF.TO drawdown since its inception was -15.10%, smaller than the maximum FBAL.NEO drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for EGIF.TO and FBAL.NEO.

Drawdown Indicators

	EGIF.TO	FBAL.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-15.10%	-16.23%	+1.13%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-6.17%	-0.51%
Max Drawdown (3Y) Largest decline over 3 years	-6.68%	-8.29%	+1.61%
Max Drawdown (5Y) Largest decline over 5 years	-15.10%	-16.23%	+1.13%
Current Drawdown Current decline from peak	-6.61%	-1.52%	-5.09%
Average Drawdown Average peak-to-trough decline	-3.44%	-3.20%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	1.51%	+0.11%

Volatility

EGIF.TO vs. FBAL.NEO - Volatility Comparison

Exemplar Growth and Income Fund (EGIF.TO) has a higher volatility of 9.14% compared to Fidelity All-in-One Balanced ETF (FBAL.NEO) at 2.53%. This indicates that EGIF.TO's price experiences larger fluctuations and is considered to be riskier than FBAL.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGIF.TO	FBAL.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.14%	2.53%	+6.61%
Volatility (6M) Calculated over the trailing 6-month period	10.75%	6.90%	+3.85%
Volatility (1Y) Calculated over the trailing 1-year period	14.62%	8.40%	+6.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.27%	8.58%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.09%	8.52%	+0.57%

Dividends

EGIF.TO vs. FBAL.NEO - Dividend Comparison

EGIF.TO's dividend yield for the trailing twelve months is around 2.93%, more than FBAL.NEO's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EGIF.TO Exemplar Growth and Income Fund	2.93%	3.27%	3.66%	4.27%	4.57%	2.66%	2.86%	2.89%	0.75%
FBAL.NEO Fidelity All-in-One Balanced ETF	1.49%	1.61%	1.42%	1.71%	1.57%	1.08%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EGIF.TO and FBAL.NEO in my portfolio?

EGIF.TO and FBAL.NEO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between EGIF.TO and FBAL.NEO?

EGIF.TO is categorized as Tactical Allocation, while FBAL.NEO is Diversified Portfolio. They also come from different issuers: Arrow Capital Management Inc. and Fidelity.