EVO.TO vs. FCIN.NEO
EVO.TO (Evovest Global Equity ETF) and FCIN.NEO (Fidelity All-International Equity ETF) are both Global Equities funds. Both are actively managed. Over the past year, EVO.TO returned 10.06% vs 24.12% for FCIN.NEO. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
EVO.TO vs. FCIN.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, EVO.TO achieves a 8.74% return, which is significantly lower than FCIN.NEO's 11.25% return.
EVO.TO
- 1D
- 0.33%
- 1M
- 3.77%
- YTD
- 8.74%
- 6M
- -0.44%
- 1Y
- 10.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FCIN.NEO
- 1D
- -0.39%
- 1M
- 2.25%
- YTD
- 11.25%
- 6M
- 12.58%
- 1Y
- 24.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EVO.TO vs. FCIN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EVO.TO Evovest Global Equity ETF | 8.74% | 14.20% | 6.29% |
FCIN.NEO Fidelity All-International Equity ETF | 11.25% | 28.04% | 3.59% |
Correlation
The correlation between EVO.TO and FCIN.NEO is 0.70, 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 | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2024 | 0.66 |
The correlation between EVO.TO and FCIN.NEO has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.
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Return for Risk
EVO.TO vs. FCIN.NEO — Risk / Return Rank
EVO.TO
FCIN.NEO
EVO.TO vs. FCIN.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evovest Global Equity ETF (EVO.TO) and Fidelity All-International Equity ETF (FCIN.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.
| EVO.TO | FCIN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.34 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | 2.53 | -1.68 |
| Martin ratioReturn relative to average drawdown | 2.48 | 9.99 | -7.51 |
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
| EVO.TO | FCIN.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 1.83 | -1.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 1.59 | -0.78 |
Drawdowns
EVO.TO vs. FCIN.NEO - Drawdown Comparison
The maximum EVO.TO drawdown since its inception was -12.72%, roughly equal to the maximum FCIN.NEO drawdown of -12.34%. Use the drawdown chart below to compare losses from any high point for EVO.TO and FCIN.NEO.
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Drawdown Indicators
| EVO.TO | FCIN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.72% | -12.34% | -0.38% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -9.56% | -2.21% |
Current DrawdownCurrent decline from peak | -1.51% | -2.16% | +0.65% |
Average DrawdownAverage peak-to-trough decline | -2.42% | -1.55% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 2.42% | +1.64% |
Volatility
EVO.TO vs. FCIN.NEO - Volatility Comparison
The current volatility for Evovest Global Equity ETF (EVO.TO) is 3.45%, while Fidelity All-International Equity ETF (FCIN.NEO) has a volatility of 5.34%. This indicates that EVO.TO experiences smaller price fluctuations and is considered to be less risky than FCIN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVO.TO | FCIN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 5.34% | -1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 13.42% | 10.87% | +2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.43% | 13.23% | +2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.69% | 13.76% | +2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.69% | 13.76% | +2.93% |
Dividends
EVO.TO vs. FCIN.NEO - Dividend Comparison
EVO.TO's dividend yield for the trailing twelve months is around 0.56%, less than FCIN.NEO's 1.15% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EVO.TO Evovest Global Equity ETF | 0.56% | 0.61% | 0.78% |
FCIN.NEO Fidelity All-International Equity ETF | 1.15% | 1.28% | 1.52% |
Frequently Asked Questions
EVO.TO and FCIN.NEO have a correlation of 0.70, 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: National Bank Investments and Fidelity.
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