FCIM.NEO vs. VXUS

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity International Momentum Index ETF (FCIM.NEO) and Vanguard Total International Stock ETF (VXUS).

FCIM.NEO and VXUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCIM.NEO is a passively managed fund by Fidelity that tracks the performance of the Fidelity Canada International Momentum Index. It was launched on Jun 5, 2020. VXUS is a passively managed fund by Vanguard that tracks the performance of the MSCI All Country World ex USA Investable Market Index. It was launched on Jan 26, 2011. Both FCIM.NEO and VXUS 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

FCIM.NEO vs. VXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity International Momentum Index ETF (FCIM.NEO) and Vanguard Total International Stock ETF (VXUS). The values are adjusted to include any dividend payments, if applicable.

FCIM.NEO vs. VXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FCIM.NEO Fidelity International Momentum Index ETF	7.74%	37.03%	25.38%	16.54%	-12.40%	10.86%	-60.82%
VXUS Vanguard Total International Stock ETF	3.70%	26.28%	14.10%	13.31%	-10.10%	8.00%	14.94%

Different Trading Currencies

FCIM.NEO is traded in CAD, while VXUS is traded in USD. To make them comparable, the VXUS values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FCIM.NEO achieves a 7.74% return, which is significantly higher than VXUS's 3.70% return.

FCIM.NEO

• 1D: 3.44%
• 1M: -7.35%
• YTD: 7.74%
• 6M: 15.87%
• 1Y: 32.19%
• 3Y*: 26.47%
• 5Y*: 16.26%
• 10Y*: —

VXUS

• 1D: 3.21%
• 1M: -6.08%
• YTD: 3.70%
• 6M: 6.91%
• 1Y: 23.85%
• 3Y*: 16.61%
• 5Y*: 9.56%
• 10Y*: 9.64%

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

FCIM.NEO vs. VXUS - Expense Ratio Comparison

FCIM.NEO has a 0.45% expense ratio, which is higher than VXUS's 0.05% expense ratio.

FCIM.NEO

Fidelity International Momentum Index ETF

VXUS

Vanguard Total International Stock ETF

Return for Risk

FCIM.NEO vs. VXUS — Risk / Return Rank

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

FCIM.NEO

FCIM.NEO Risk / Return Rank: 86
FCIM.NEO Sharpe Ratio Rank: 87
FCIM.NEO Sortino Ratio Rank: 90
FCIM.NEO Omega Ratio Rank: 86
FCIM.NEO Calmar Ratio Rank: 84
FCIM.NEO Martin Ratio Rank: 84

VXUS

VXUS Risk / Return Rank: 86
VXUS Sharpe Ratio Rank: 85
VXUS Sortino Ratio Rank: 87
VXUS Omega Ratio Rank: 87
VXUS Calmar Ratio Rank: 86
VXUS Martin Ratio Rank: 85

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.

FCIM.NEO vs. VXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Momentum Index ETF (FCIM.NEO) and Vanguard Total International Stock ETF (VXUS). 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.

	FCIM.NEO	VXUS	Difference
Sharpe ratio Return per unit of total volatility	1.79	1.50	+0.29
Sortino ratio Return per unit of downside risk	2.54	2.04	+0.50
Omega ratio Gain probability vs. loss probability	1.34	1.31	+0.04
Calmar ratio Return relative to maximum drawdown	2.47	2.09	+0.38
Martin ratio Return relative to average drawdown	9.60	8.01	+1.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCIM.NEO vs. VXUS - Sharpe Ratio Comparison

The current FCIM.NEO Sharpe Ratio is 1.79, which is comparable to the VXUS Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of FCIM.NEO and VXUS, 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

	FCIM.NEO	VXUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.50	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.75	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	0.59	-0.69

Correlation

The correlation between FCIM.NEO and VXUS is 0.63, 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

FCIM.NEO vs. VXUS - Dividend Comparison

FCIM.NEO's dividend yield for the trailing twelve months is around 1.48%, less than VXUS's 2.97% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCIM.NEO Fidelity International Momentum Index ETF	1.48%	1.59%	1.26%	1.70%	1.86%	2.70%	0.52%	0.00%	0.00%	0.00%	0.00%	0.00%
VXUS Vanguard Total International Stock ETF	2.97%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Drawdowns

FCIM.NEO vs. VXUS - Drawdown Comparison

The maximum FCIM.NEO drawdown since its inception was -67.91%, which is greater than VXUS's maximum drawdown of -27.91%. Use the drawdown chart below to compare losses from any high point for FCIM.NEO and VXUS.

Drawdown Indicators

	FCIM.NEO	VXUS	Difference
Max Drawdown Largest peak-to-trough decline	-67.91%	-35.97%	-31.94%
Max Drawdown (1Y) Largest decline over 1 year	-13.21%	-11.27%	-1.94%
Max Drawdown (5Y) Largest decline over 5 years	-26.89%	-29.44%	+2.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.97%	—
Current Drawdown Current decline from peak	-18.52%	-8.33%	-10.19%
Average Drawdown Average peak-to-trough decline	-52.34%	-8.29%	-44.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	2.91%	+0.49%

Volatility

FCIM.NEO vs. VXUS - Volatility Comparison

Fidelity International Momentum Index ETF (FCIM.NEO) and Vanguard Total International Stock ETF (VXUS) have volatilities of 8.40% and 8.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCIM.NEO	VXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.40%	8.16%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	12.15%	11.02%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	18.06%	15.92%	+2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.61%	12.80%	+3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.29%	14.24%	+18.05%