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EIT-UN.TO vs. FSELX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EIT-UN.TO vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Canoe EIT Income Fund (EIT-UN.TO) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

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EIT-UN.TO vs. FSELX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EIT-UN.TO
Canoe EIT Income Fund
8.56%11.81%27.99%5.94%10.49%4,164.28%1,973.94%12.45%-3.08%10.49%
FSELX
Fidelity Select Semiconductors Portfolio
1.46%45.19%62.54%74.55%-30.66%57.72%41.89%56.41%-4.55%25.95%
Different Trading Currencies

EIT-UN.TO is traded in CAD, while FSELX is traded in USD. To make them comparable, the FSELX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EIT-UN.TO achieves a 8.56% return, which is significantly higher than FSELX's 1.46% return. Over the past 10 years, EIT-UN.TO has outperformed FSELX with an annualized return of 117.96%, while FSELX has yielded a comparatively lower 32.31% annualized return.


EIT-UN.TO

1D
2.51%
1M
-1.96%
YTD
8.56%
6M
12.25%
1Y
20.06%
3Y*
19.39%
5Y*
131.17%
10Y*
117.96%

FSELX

1D
-4.05%
1M
-9.03%
YTD
1.46%
6M
5.98%
1Y
78.92%
3Y*
44.47%
5Y*
33.39%
10Y*
32.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EIT-UN.TO vs. FSELX - Expense Ratio Comparison

EIT-UN.TO has a 1.10% expense ratio, which is higher than FSELX's 0.68% expense ratio.


Return for Risk

EIT-UN.TO vs. FSELX — Risk / Return Rank

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

EIT-UN.TO
EIT-UN.TO Risk / Return Rank: 8888
Overall Rank
EIT-UN.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
EIT-UN.TO Sortino Ratio Rank: 8787
Sortino Ratio Rank
EIT-UN.TO Omega Ratio Rank: 8686
Omega Ratio Rank
EIT-UN.TO Calmar Ratio Rank: 8989
Calmar Ratio Rank
EIT-UN.TO Martin Ratio Rank: 9393
Martin Ratio Rank

FSELX
FSELX Risk / Return Rank: 9494
Overall Rank
FSELX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FSELX Sortino Ratio Rank: 9292
Sortino Ratio Rank
FSELX Omega Ratio Rank: 8989
Omega Ratio Rank
FSELX Calmar Ratio Rank: 9898
Calmar Ratio Rank
FSELX Martin Ratio Rank: 9898
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.

EIT-UN.TO vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canoe EIT Income Fund (EIT-UN.TO) and Fidelity Select Semiconductors Portfolio (FSELX). 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.


EIT-UN.TOFSELXDifference

Sharpe ratio

Return per unit of total volatility

1.59

1.97

-0.38

Sortino ratio

Return per unit of downside risk

2.34

2.56

-0.22

Omega ratio

Gain probability vs. loss probability

1.36

1.36

-0.01

Calmar ratio

Return relative to maximum drawdown

2.37

4.32

-1.95

Martin ratio

Return relative to average drawdown

11.62

17.23

-5.61

EIT-UN.TO vs. FSELX - Sharpe Ratio Comparison

The current EIT-UN.TO Sharpe Ratio is 1.59, which is comparable to the FSELX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of EIT-UN.TO and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EIT-UN.TOFSELXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.59

1.97

-0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

0.91

-0.80

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.12

0.98

-0.86

Sharpe Ratio (All Time)

Calculated using the full available price history

0.94

Correlation

The correlation between EIT-UN.TO and FSELX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

EIT-UN.TO vs. FSELX - Dividend Comparison

EIT-UN.TO's dividend yield for the trailing twelve months is around 7.16%, less than FSELX's 11.11% yield.


TTM20252024202320222021202020192018201720162015
EIT-UN.TO
Canoe EIT Income Fund
7.16%7.64%7.90%9.29%8.97%104.98%108.64%11.53%11.62%11.01%10.06%10.71%
FSELX
Fidelity Select Semiconductors Portfolio
11.11%11.11%7.97%7.20%6.69%6.99%8.13%3.36%26.80%14.44%3.82%15.22%

Drawdowns

EIT-UN.TO vs. FSELX - Drawdown Comparison

The maximum EIT-UN.TO drawdown since its inception was -100.11%, which is greater than FSELX's maximum drawdown of -41.76%. Use the drawdown chart below to compare losses from any high point for EIT-UN.TO and FSELX.


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Drawdown Indicators


EIT-UN.TOFSELXDifference

Max Drawdown

Largest peak-to-trough decline

-100.11%

-82.54%

-17.57%

Max Drawdown (1Y)

Largest decline over 1 year

-8.68%

-17.23%

+8.55%

Max Drawdown (5Y)

Largest decline over 5 years

-15.57%

-46.37%

+30.80%

Max Drawdown (10Y)

Largest decline over 10 years

-50.36%

-46.37%

-3.99%

Current Drawdown

Current decline from peak

-100.00%

-14.38%

-85.62%

Average Drawdown

Average peak-to-trough decline

-99.24%

-28.82%

-70.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.77%

4.21%

-2.44%

Volatility

EIT-UN.TO vs. FSELX - Volatility Comparison

The current volatility for Canoe EIT Income Fund (EIT-UN.TO) is 4.90%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 10.49%. This indicates that EIT-UN.TO experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EIT-UN.TOFSELXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.90%

10.49%

-5.59%

Volatility (6M)

Calculated over the trailing 6-month period

7.16%

24.75%

-17.59%

Volatility (1Y)

Calculated over the trailing 1-year period

12.64%

40.44%

-27.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1,193.82%

36.90%

+1,156.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1,020.18%

33.12%

+987.06%