ESGG.TO vs. FGEP.TO
ESGG.TO (BMO MSCI Global Selection Equity Index ETF) and FGEP.TO (Fidelity Global Equity+ Fund ETF) are both Global Equities funds. Over the past year, ESGG.TO returned 27.26% vs 31.19% for FGEP.TO. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
ESGG.TO vs. FGEP.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESGG.TO achieves a 13.51% return, which is significantly lower than FGEP.TO's 18.10% return.
ESGG.TO
- 1D
- 1.89%
- 1M
- 3.45%
- YTD
- 13.51%
- 6M
- 12.68%
- 1Y
- 27.26%
- 3Y*
- 21.79%
- 5Y*
- 14.54%
- 10Y*
- —
FGEP.TO
- 1D
- 0.26%
- 1M
- 1.39%
- YTD
- 18.10%
- 6M
- 17.82%
- 1Y
- 31.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESGG.TO vs. FGEP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 13.51% | 15.44% | 11.87% |
FGEP.TO Fidelity Global Equity+ Fund ETF | 18.10% | 17.44% | 9.88% |
Correlation
The correlation between ESGG.TO and FGEP.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since May 22, 2024 | 0.60 |
The correlation between ESGG.TO and FGEP.TO has been stable across timeframes, ranging from 0.52 to 0.60 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ESGG.TO vs. FGEP.TO — Risk / Return Rank
ESGG.TO
FGEP.TO
ESGG.TO vs. FGEP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO MSCI Global Selection Equity Index ETF (ESGG.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.
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.
| ESGG.TO | FGEP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.53 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 4.39 | -1.43 |
| Martin ratioReturn relative to average drawdown | 11.73 | 18.08 | -6.35 |
Loading charts...
Drawdowns
ESGG.TO vs. FGEP.TO - Drawdown Comparison
The maximum ESGG.TO drawdown since its inception was -27.90%, 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 ESGG.TO and FGEP.TO.
Loading charts...
Drawdown Indicators
| ESGG.TO | FGEP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.90% | -14.78% | -13.12% |
Max Drawdown (1Y)Largest decline over 1 year | -9.27% | -7.14% | -2.13% |
Max Drawdown (3Y)Largest decline over 3 years | -17.79% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.31% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.17% | +1.17% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -1.62% | -4.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 1.73% | +0.60% |
Volatility
ESGG.TO vs. FGEP.TO - Volatility Comparison
BMO MSCI Global Selection Equity Index ETF (ESGG.TO) and Fidelity Global Equity+ Fund ETF (FGEP.TO) have volatilities of 3.91% and 4.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ESGG.TO | FGEP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 4.04% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 9.01% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.74% | 10.98% | +0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.40% | 12.74% | +1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 12.74% | +3.64% |
Dividends
ESGG.TO vs. FGEP.TO - Dividend Comparison
ESGG.TO's dividend yield for the trailing twelve months is around 0.86%, while FGEP.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 0.86% | 1.01% | 1.20% | 1.56% | 1.82% | 1.53% | 1.87% |
FGEP.TO Fidelity Global Equity+ Fund ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ESGG.TO and FGEP.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BMO and Fidelity.
Find the right allocation for ESGG.TO and FGEP.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer