ESGG.TO vs. FINN.NEO
ESGG.TO (BMO MSCI Global Selection Equity Index ETF) and FINN.NEO (Fidelity Global Innovators ETF) are both Global Equities funds. Over the past 3 years, ESGG.TO returned 19.71%/yr vs 40.06%/yr for FINN.NEO. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
ESGG.TO vs. FINN.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, ESGG.TO achieves a 10.74% return, which is significantly lower than FINN.NEO's 35.77% return.
ESGG.TO
- 1D
- -1.13%
- 1M
- -1.17%
- 6M
- 7.04%
- YTD
- 10.74%
- 1Y
- 21.99%
- 3Y*
- 19.71%
- 5Y*
- 13.44%
- 10Y*
- —
FINN.NEO
- 1D
- -1.71%
- 1M
- -3.34%
- 6M
- 28.06%
- YTD
- 35.77%
- 1Y
- 49.48%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
ESGG.TO vs. FINN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 10.74% | 15.44% | 27.08% | 11.60% |
FINN.NEO Fidelity Global Innovators ETF | 35.77% | 20.61% | 58.65% | 21.40% |
Correlation
The correlation between ESGG.TO and FINN.NEO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.51 |
The correlation between ESGG.TO and FINN.NEO shifts across timeframes, from 0.42 (1 year) to 0.52 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ESGG.TO vs. FINN.NEO — Risk / Return Rank
ESGG.TO
FINN.NEO
ESGG.TO vs. FINN.NEO - 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 Innovators ETF (FINN.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.
| ESGG.TO | FINN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.36 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | 4.16 | -1.78 |
| Martin ratioReturn relative to average drawdown | 9.40 | 12.96 | -3.56 |
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Drawdowns
ESGG.TO vs. FINN.NEO - Drawdown Comparison
The maximum ESGG.TO drawdown since its inception was -27.90%, which is greater than FINN.NEO's maximum drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for ESGG.TO and FINN.NEO.
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Drawdown Indicators
| ESGG.TO | FINN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.90% | -25.66% | -2.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.27% | -11.94% | +2.67% |
Max Drawdown (3Y)Largest decline over 3 years | -17.79% | -25.66% | +7.87% |
Max Drawdown (5Y)Largest decline over 5 years | -25.31% | — | — |
Current DrawdownCurrent decline from peak | -2.98% | -6.49% | +3.51% |
Average DrawdownAverage peak-to-trough decline | -5.78% | -3.98% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 3.83% | -1.49% |
Volatility
ESGG.TO vs. FINN.NEO - Volatility Comparison
The current volatility for BMO MSCI Global Selection Equity Index ETF (ESGG.TO) is 2.96%, while Fidelity Global Innovators ETF (FINN.NEO) has a volatility of 6.48%. This indicates that ESGG.TO experiences smaller price fluctuations and is considered to be less risky than FINN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGG.TO | FINN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 6.48% | -3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 9.61% | 20.24% | -10.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.79% | 24.76% | -12.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.40% | 22.40% | -8.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.33% | 22.40% | -6.07% |
Dividends
ESGG.TO vs. FINN.NEO - Dividend Comparison
ESGG.TO's dividend yield for the trailing twelve months is around 0.88%, while FINN.NEO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ESGG.TO BMO MSCI Global Selection Equity Index ETF | 0.88% | 1.01% | 1.20% | 1.56% | 1.82% | 1.53% | 1.87% |
FINN.NEO Fidelity Global Innovators ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ESGG.TO and FINN.NEO have a correlation of 0.42, 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.
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