FCCVX vs. XIC.TO
Compare and contrast key facts about Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO).
FCCVX is managed by Fidelity. It was launched on Feb 19, 2009. XIC.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Feb 16, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCCVX or XIC.TO.
Correlation
The correlation between FCCVX and XIC.TO is 0.71, 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.
Performance
FCCVX vs. XIC.TO - Performance Comparison
Key characteristics
FCCVX:
1.18
XIC.TO:
2.53
FCCVX:
1.57
XIC.TO:
3.48
FCCVX:
1.22
XIC.TO:
1.46
FCCVX:
0.45
XIC.TO:
4.81
FCCVX:
4.27
XIC.TO:
15.40
FCCVX:
2.92%
XIC.TO:
1.66%
FCCVX:
10.59%
XIC.TO:
10.11%
FCCVX:
-36.74%
XIC.TO:
-48.21%
FCCVX:
-17.73%
XIC.TO:
-1.24%
Returns By Period
In the year-to-date period, FCCVX achieves a 3.86% return, which is significantly higher than XIC.TO's 3.30% return. Over the past 10 years, FCCVX has underperformed XIC.TO with an annualized return of 2.34%, while XIC.TO has yielded a comparatively higher 8.37% annualized return.
FCCVX
3.86%
1.82%
8.04%
11.24%
3.15%
2.34%
XIC.TO
3.30%
2.96%
12.05%
23.59%
10.44%
8.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCCVX vs. XIC.TO - Expense Ratio Comparison
FCCVX has a 1.74% expense ratio, which is higher than XIC.TO's 0.06% expense ratio.
Risk-Adjusted Performance
FCCVX vs. XIC.TO — Risk-Adjusted Performance Rank
FCCVX
XIC.TO
FCCVX vs. XIC.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and iShares Core S&P/TSX Capped Composite Index ETF (XIC.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.
Dividends
FCCVX vs. XIC.TO - Dividend Comparison
FCCVX's dividend yield for the trailing twelve months is around 2.19%, less than XIC.TO's 2.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCCVX Fidelity Advisor Convertible Securities Fund Class C | 2.19% | 2.27% | 1.12% | 1.16% | 0.41% | 2.03% | 0.47% | 2.68% | 1.54% | 2.28% | 1.63% | 4.77% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 2.55% | 2.64% | 2.95% | 3.10% | 2.45% | 3.03% | 3.01% | 3.19% | 2.49% | 2.72% | 3.21% | 2.59% |
Drawdowns
FCCVX vs. XIC.TO - Drawdown Comparison
The maximum FCCVX drawdown since its inception was -36.74%, smaller than the maximum XIC.TO drawdown of -48.21%. Use the drawdown chart below to compare losses from any high point for FCCVX and XIC.TO. For additional features, visit the drawdowns tool.
Volatility
FCCVX vs. XIC.TO - Volatility Comparison
The current volatility for Fidelity Advisor Convertible Securities Fund Class C (FCCVX) is 2.58%, while iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) has a volatility of 3.50%. This indicates that FCCVX experiences smaller price fluctuations and is considered to be less risky than XIC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.