EVO.TO vs. FINN.NEO
EVO.TO (Evovest Global Equity ETF) and FINN.NEO (Fidelity Global Innovators ETF) are both Global Equities funds. Both are actively managed. Over the past year, EVO.TO returned -3.12% vs 49.48% for FINN.NEO. At a 0.49 correlation, their price movements are largely independent. EVO.TO charges 1.15%/yr vs 1.09%/yr for FINN.NEO.
Performance
EVO.TO vs. FINN.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, EVO.TO achieves a 7.94% return, which is significantly lower than FINN.NEO's 35.77% return.
EVO.TO
- 1D
- -0.93%
- 1M
- -3.84%
- 6M
- 3.30%
- YTD
- 7.94%
- 1Y
- -3.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FINN.NEO
- 1D
- -1.71%
- 1M
- -3.34%
- 6M
- 28.06%
- YTD
- 35.77%
- 1Y
- 49.48%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
EVO.TO vs. FINN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EVO.TO Evovest Global Equity ETF | 7.94% | 4.38% | 1.04% |
FINN.NEO Fidelity Global Innovators ETF | 35.77% | 20.61% | 23.86% |
Correlation
The correlation between EVO.TO and FINN.NEO 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 Mar 28, 2024 | 0.49 |
The correlation between EVO.TO and FINN.NEO has been stable across timeframes, ranging from 0.49 to 0.52 - a consistent structural relationship.
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Return for Risk
EVO.TO vs. FINN.NEO — Risk / Return Rank
EVO.TO
FINN.NEO
EVO.TO vs. FINN.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evovest Global Equity ETF (EVO.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.
| EVO.TO | FINN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.71 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.36 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | 4.16 | -4.33 |
| Martin ratioReturn relative to average drawdown | -0.33 | 12.96 | -13.29 |
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Drawdowns
EVO.TO vs. FINN.NEO - Drawdown Comparison
The maximum EVO.TO drawdown since its inception was -19.36%, smaller than the maximum FINN.NEO drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for EVO.TO and FINN.NEO.
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Drawdown Indicators
| EVO.TO | FINN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.36% | -25.66% | +6.30% |
Max Drawdown (1Y)Largest decline over 1 year | -19.36% | -11.94% | -7.42% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Current DrawdownCurrent decline from peak | -10.62% | -6.49% | -4.13% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -3.98% | -0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.53% | 3.83% | +5.70% |
Volatility
EVO.TO vs. FINN.NEO - Volatility Comparison
The current volatility for Evovest Global Equity ETF (EVO.TO) is 3.52%, while Fidelity Global Innovators ETF (FINN.NEO) has a volatility of 6.48%. This indicates that EVO.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
| EVO.TO | FINN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 6.48% | -2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 10.81% | 20.24% | -9.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.14% | 24.76% | -3.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.74% | 22.40% | -2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.74% | 22.40% | -2.66% |
EVO.TO vs. FINN.NEO - Expense Ratio Comparison
EVO.TO has a 1.15% expense ratio, which is higher than FINN.NEO's 1.09% expense ratio.
Dividends
EVO.TO vs. FINN.NEO - Dividend Comparison
EVO.TO's dividend yield for the trailing twelve months is around 0.62%, while FINN.NEO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EVO.TO Evovest Global Equity ETF | 0.62% | 0.67% | 0.82% |
FINN.NEO Fidelity Global Innovators ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EVO.TO and FINN.NEO 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.
On fees, FINN.NEO is cheaper at 1.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FINN.NEO is cheaper with a 1.09% expense ratio, compared with 1.15% for EVO.TO.
They also come from different issuers: National Bank Investments and Fidelity. Their fees differ too: 1.15% for EVO.TO and 1.09% for FINN.NEO.
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