FCCM.NEO vs. IFC.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Canadian Momentum Index ETF (FCCM.NEO) and Intact Financial Corporation (IFC.TO).

FCCM.NEO is a passively managed fund by Fidelity that tracks the performance of the Fidelity Canada Canadian Momentum Index. It was launched on Jun 5, 2020.

Performance

FCCM.NEO vs. IFC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity Canadian Momentum Index ETF (FCCM.NEO) and Intact Financial Corporation (IFC.TO). The values are adjusted to include any dividend payments, if applicable.

FCCM.NEO vs. IFC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FCCM.NEO Fidelity Canadian Momentum Index ETF	5.42%	43.17%	27.03%	10.10%	-3.42%	14.23%	-64.10%
IFC.TO Intact Financial Corporation	-14.02%	11.22%	31.00%	6.96%	21.06%	11.37%	14.61%

Returns By Period

In the year-to-date period, FCCM.NEO achieves a 5.42% return, which is significantly higher than IFC.TO's -14.02% return.

FCCM.NEO

• 1D: 1.24%
• 1M: -6.21%
• YTD: 5.42%
• 6M: 15.69%
• 1Y: 44.65%
• 3Y*: 28.73%
• 5Y*: 18.43%
• 10Y*: —

IFC.TO

• 1D: -3.09%
• 1M: -6.22%
• YTD: -14.02%
• 6M: -7.52%
• 1Y: -16.57%
• 3Y*: 10.31%
• 5Y*: 11.55%
• 10Y*: 12.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FCCM.NEO vs. IFC.TO — Risk / Return Rank

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

FCCM.NEO

FCCM.NEO Risk / Return Rank: 95
FCCM.NEO Sharpe Ratio Rank: 96
FCCM.NEO Sortino Ratio Rank: 96
FCCM.NEO Omega Ratio Rank: 96
FCCM.NEO Calmar Ratio Rank: 93
FCCM.NEO Martin Ratio Rank: 94

IFC.TO

IFC.TO Risk / Return Rank: 12
IFC.TO Sharpe Ratio Rank: 8
IFC.TO Sortino Ratio Rank: 10
IFC.TO Omega Ratio Rank: 11
IFC.TO Calmar Ratio Rank: 16
IFC.TO Martin Ratio Rank: 16

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.

FCCM.NEO vs. IFC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Canadian Momentum Index ETF (FCCM.NEO) and Intact Financial Corporation (IFC.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.

	FCCM.NEO	IFC.TO	Difference
Sharpe ratio Return per unit of total volatility	2.65	-0.83	+3.48
Sortino ratio Return per unit of downside risk	3.36	-1.06	+4.42
Omega ratio Gain probability vs. loss probability	1.52	0.87	+0.65
Calmar ratio Return relative to maximum drawdown	3.67	-0.70	+4.38
Martin ratio Return relative to average drawdown	15.45	-1.25	+16.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCCM.NEO vs. IFC.TO - Sharpe Ratio Comparison

The current FCCM.NEO Sharpe Ratio is 2.65, which is higher than the IFC.TO Sharpe Ratio of -0.83. The chart below compares the historical Sharpe Ratios of FCCM.NEO and IFC.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FCCM.NEO	IFC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	-0.83	+3.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.39	0.68	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	0.62	-0.72

Correlation

The correlation between FCCM.NEO and IFC.TO is 0.27, 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

FCCM.NEO vs. IFC.TO - Dividend Comparison

FCCM.NEO's dividend yield for the trailing twelve months is around 0.86%, less than IFC.TO's 2.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCCM.NEO Fidelity Canadian Momentum Index ETF	0.86%	0.91%	0.91%	1.32%	1.79%	1.49%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%
IFC.TO Intact Financial Corporation	2.24%	1.86%	1.85%	2.16%	2.05%	2.07%	2.20%	2.16%	2.82%	2.44%	2.41%	2.39%

Drawdowns

FCCM.NEO vs. IFC.TO - Drawdown Comparison

The maximum FCCM.NEO drawdown since its inception was -67.22%, which is greater than IFC.TO's maximum drawdown of -53.53%. Use the drawdown chart below to compare losses from any high point for FCCM.NEO and IFC.TO.

Drawdown Indicators

	FCCM.NEO	IFC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-67.22%	-53.53%	-13.69%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-21.67%	+9.31%
Max Drawdown (5Y) Largest decline over 5 years	-16.59%	-21.67%	+5.08%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.57%	—
Current Drawdown Current decline from peak	-16.76%	-21.67%	+4.91%
Average Drawdown Average peak-to-trough decline	-53.20%	-8.84%	-44.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	12.20%	-9.26%

Volatility

FCCM.NEO vs. IFC.TO - Volatility Comparison

Fidelity Canadian Momentum Index ETF (FCCM.NEO) has a higher volatility of 7.18% compared to Intact Financial Corporation (IFC.TO) at 6.72%. This indicates that FCCM.NEO's price experiences larger fluctuations and is considered to be riskier than IFC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCCM.NEO	IFC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	6.72%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	12.86%	14.49%	-1.63%
Volatility (1Y) Calculated over the trailing 1-year period	16.93%	20.19%	-3.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.35%	17.13%	-3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.53%	18.44%	+12.09%