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FCID.TO vs. XHD.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FCID.TO vs. XHD.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity International High Dividend ETF (FCID.TO) and iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.TO).

FCID.TO and XHD.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCID.TO is a passively managed fund by Fidelity that tracks the performance of the Fidelity Canada International High Dividend Index. It was launched on Sep 13, 2018. XHD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on Aug 14, 2012. Both FCID.TO and XHD.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FCID.TO vs. XHD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity International High Dividend ETF (FCID.TO) and iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.TO). The values are adjusted to include any dividend payments, if applicable.

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FCID.TO vs. XHD.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
FCID.TO
Fidelity International High Dividend ETF		7.53%30.48%9.16%15.21%4.07%14.85%-12.90%5.84%-2.48%
XHD.TO
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)		11.42%3.92%9.50%-0.07%4.22%17.88%-9.51%17.96%-7.29%

Returns By Period

In the year-to-date period, FCID.TO achieves a 7.53% return, which is significantly lower than XHD.TO's 11.42% return.

FCID.TO

1D
2.68%
1M
-2.49%
YTD
7.53%
6M
12.95%
1Y
25.97%
3Y*
19.61%
5Y*
13.76%
10Y*
—

XHD.TO

1D
0.21%
1M
-2.63%
YTD
11.42%
6M
5.45%
1Y
7.00%
3Y*
8.67%
5Y*
7.47%
10Y*
6.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity International High Dividend ETF

iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)

Often compared with FCID.TO:
FCID.TO vs. VIDY.TOFCID.TO vs. FCIV.TOFCID.TO vs. FLVI.NEOFCID.TO vs. TQCD.TOFCID.TO vs. FCIM.NEOFCID.TO vs. XDIV.TOFCID.TO vs. FCGI.TO
Often compared with XHD.TO:
XHD.TO vs. SCHDXHD.TO vs. XDIV.TOXHD.TO vs. XEQT.TOXHD.TO vs. VDY.TOXHD.TO vs. XDGH.TOXHD.TO vs. XDU.TOXHD.TO vs. HDIVX

FCID.TO vs. XHD.TO - Expense Ratio Comparison

FCID.TO has a 0.45% expense ratio, which is higher than XHD.TO's 0.33% expense ratio.

FCID.TO
Fidelity International High Dividend ETF
XHD.TO
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)

Return for Risk

FCID.TO vs. XHD.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FCID.TO
FCID.TO Risk / Return Rank: 8181
Overall Rank
FCID.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FCID.TO Sortino Ratio Rank: 8282
Sortino Ratio Rank
FCID.TO Omega Ratio Rank: 8383
Omega Ratio Rank
FCID.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
FCID.TO Martin Ratio Rank: 8282
Martin Ratio Rank
XHD.TO
XHD.TO Risk / Return Rank: 3030
Overall Rank
XHD.TO Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
XHD.TO Sortino Ratio Rank: 2727
Sortino Ratio Rank
XHD.TO Omega Ratio Rank: 2929
Omega Ratio Rank
XHD.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
XHD.TO Martin Ratio Rank: 3131
Martin Ratio Rank
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.

FCID.TO vs. XHD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International High Dividend ETF (FCID.TO) and iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.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.

FCID.TOXHD.TODifference

Sharpe ratio

Return per unit of total volatility

1.59

0.50

+1.09

Sortino ratio

Return per unit of downside risk

2.14

0.73

+1.40

Omega ratio

Gain probability vs. loss probability

1.33

1.11

+0.22

Calmar ratio

Return relative to maximum drawdown

1.94

0.76

+1.18

Martin ratio

Return relative to average drawdown

9.12

2.63

+6.49

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCID.TO vs. XHD.TO - Sharpe Ratio Comparison

The current FCID.TO Sharpe Ratio is 1.59, which is higher than the XHD.TO Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of FCID.TO and XHD.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.

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Sharpe Ratios by Period

FCID.TOXHD.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.59

0.50

+1.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.07

0.58

+0.49

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.42

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.53

0.00

Correlation

The correlation between FCID.TO and XHD.TO is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FCID.TO vs. XHD.TO - Dividend Comparison

FCID.TO's dividend yield for the trailing twelve months is around 3.29%, more than XHD.TO's 2.37% yield.

TTM20252024202320222021202020192018201720162015
FCID.TO
Fidelity International High Dividend ETF		3.29%3.61%4.16%4.49%5.08%3.30%3.78%3.82%0.44%0.00%0.00%0.00%
XHD.TO
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)		2.37%2.61%2.99%3.09%2.69%2.81%3.44%2.46%2.81%2.36%2.48%3.00%

Drawdowns

FCID.TO vs. XHD.TO - Drawdown Comparison

The maximum FCID.TO drawdown since its inception was -34.49%, smaller than the maximum XHD.TO drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for FCID.TO and XHD.TO.

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Drawdown Indicators

FCID.TOXHD.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.49%

-38.71%

+4.22%

Max Drawdown (1Y)

Largest decline over 1 year

-13.02%

-10.47%

-2.55%

Max Drawdown (5Y)

Largest decline over 5 years

-19.68%

-16.38%

-3.30%

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.71%

—

Current Drawdown

Current decline from peak

-3.10%

-2.87%

-0.23%

Average Drawdown

Average peak-to-trough decline

-5.77%

-3.94%

-1.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

3.21%

-0.34%

Volatility

FCID.TO vs. XHD.TO - Volatility Comparison

Fidelity International High Dividend ETF (FCID.TO) has a higher volatility of 7.05% compared to iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.TO) at 3.08%. This indicates that FCID.TO's price experiences larger fluctuations and is considered to be riskier than XHD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FCID.TOXHD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.05%

3.08%

+3.97%

Volatility (6M)

Calculated over the trailing 6-month period

9.98%

8.81%

+1.17%

Volatility (1Y)

Calculated over the trailing 1-year period

16.42%

14.03%

+2.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.00%

12.97%

+0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.80%

15.50%

+1.30%