FCCNX vs. XFN.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Canada Fund Class C (FCCNX) and iShares S&P/TSX Capped Financials Index ETF (XFN.TO).

FCCNX is managed by Fidelity. It was launched on May 2, 2007. XFN.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Fin Svc GR CAD. It was launched on Mar 23, 2001.

Performance

FCCNX vs. XFN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Canada Fund Class C (FCCNX) and iShares S&P/TSX Capped Financials Index ETF (XFN.TO). The values are adjusted to include any dividend payments, if applicable.

FCCNX vs. XFN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCCNX Fidelity Advisor Canada Fund Class C	0.03%	24.54%	8.02%	13.45%	-7.16%	25.48%	3.30%	24.51%	-15.19%	12.83%
XFN.TO iShares S&P/TSX Capped Financials Index ETF	-3.40%	40.84%	19.10%	15.67%	-15.94%	36.57%	3.01%	26.69%	-16.77%	20.30%

Different Trading Currencies

FCCNX is traded in USD, while XFN.TO is traded in CAD. To make them comparable, the XFN.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FCCNX achieves a 0.03% return, which is significantly higher than XFN.TO's -3.40% return. Over the past 10 years, FCCNX has underperformed XFN.TO with an annualized return of 9.12%, while XFN.TO has yielded a comparatively higher 12.50% annualized return.

FCCNX

• 1D: -0.21%
• 1M: -6.98%
• YTD: 0.03%
• 6M: 4.50%
• 1Y: 22.54%
• 3Y*: 13.52%
• 5Y*: 10.15%
• 10Y*: 9.12%

XFN.TO

• 1D: 2.55%
• 1M: -4.82%
• YTD: -3.40%
• 6M: 8.13%
• 1Y: 37.98%
• 3Y*: 22.59%
• 5Y*: 13.13%
• 10Y*: 12.50%

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

FCCNX vs. XFN.TO - Expense Ratio Comparison

FCCNX has a 1.90% expense ratio, which is higher than XFN.TO's 0.61% expense ratio.

FCCNX

Fidelity Advisor Canada Fund Class C

XFN.TO

iShares S&P/TSX Capped Financials Index ETF

Return for Risk

FCCNX vs. XFN.TO — Risk / Return Rank

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

FCCNX

FCCNX Risk / Return Rank: 82
FCCNX Sharpe Ratio Rank: 80
FCCNX Sortino Ratio Rank: 81
FCCNX Omega Ratio Rank: 77
FCCNX Calmar Ratio Rank: 84
FCCNX Martin Ratio Rank: 87

XFN.TO

XFN.TO Risk / Return Rank: 95
XFN.TO Sharpe Ratio Rank: 95
XFN.TO Sortino Ratio Rank: 96
XFN.TO Omega Ratio Rank: 95
XFN.TO Calmar Ratio Rank: 94
XFN.TO Martin Ratio Rank: 94

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.

FCCNX vs. XFN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Canada Fund Class C (FCCNX) and iShares S&P/TSX Capped Financials Index ETF (XFN.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.

	FCCNX	XFN.TO	Difference
Sharpe ratio Return per unit of total volatility	1.49	2.47	-0.98
Sortino ratio Return per unit of downside risk	2.06	3.31	-1.25
Omega ratio Gain probability vs. loss probability	1.29	1.46	-0.17
Calmar ratio Return relative to maximum drawdown	2.09	4.01	-1.92
Martin ratio Return relative to average drawdown	9.26	15.78	-6.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCCNX vs. XFN.TO - Sharpe Ratio Comparison

The current FCCNX Sharpe Ratio is 1.49, which is lower than the XFN.TO Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of FCCNX and XFN.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

	FCCNX	XFN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	2.47	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.78	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.63	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.64	-0.41

Correlation

The correlation between FCCNX and XFN.TO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FCCNX vs. XFN.TO - Dividend Comparison

FCCNX's dividend yield for the trailing twelve months is around 4.69%, more than XFN.TO's 2.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCCNX Fidelity Advisor Canada Fund Class C	4.69%	4.69%	6.15%	2.29%	2.74%	3.65%	1.40%	3.06%	6.14%	0.91%	0.61%	0.15%
XFN.TO iShares S&P/TSX Capped Financials Index ETF	2.49%	2.39%	3.16%	3.60%	3.48%	2.67%	3.35%	3.00%	3.43%	2.73%	2.83%	3.17%

Drawdowns

FCCNX vs. XFN.TO - Drawdown Comparison

The maximum FCCNX drawdown since its inception was -58.44%, which is greater than XFN.TO's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for FCCNX and XFN.TO.

Drawdown Indicators

	FCCNX	XFN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-58.44%	-56.55%	-1.89%
Max Drawdown (1Y) Largest decline over 1 year	-10.13%	-9.66%	-0.47%
Max Drawdown (5Y) Largest decline over 5 years	-21.39%	-21.90%	+0.51%
Max Drawdown (10Y) Largest decline over 10 years	-39.97%	-39.93%	-0.04%
Current Drawdown Current decline from peak	-7.68%	-4.91%	-2.77%
Average Drawdown Average peak-to-trough decline	-13.41%	-6.64%	-6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	2.40%	-0.11%

Volatility

FCCNX vs. XFN.TO - Volatility Comparison

The current volatility for Fidelity Advisor Canada Fund Class C (FCCNX) is 4.34%, while iShares S&P/TSX Capped Financials Index ETF (XFN.TO) has a volatility of 5.84%. This indicates that FCCNX experiences smaller price fluctuations and is considered to be less risky than XFN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCCNX	XFN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	5.84%	-1.50%
Volatility (6M) Calculated over the trailing 6-month period	10.17%	10.27%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	15.54%	15.42%	+0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.94%	16.86%	-0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.48%	19.81%	-2.33%