FCIN.NEO vs. VDU.TO

Last updated Jun 5, 2026

FCIN.NEO (Fidelity All-International Equity ETF) and VDU.TO (Vanguard FTSE Developed All Cap ex U.S. Index ETF) are both Global Equities funds. FCIN.NEO is actively managed, while VDU.TO is passively managed. Over the past year, FCIN.NEO returned 24.64% vs 33.32% for VDU.TO. Their correlation of 0.84 suggests significant overlap in exposure.

Performance

FCIN.NEO vs. VDU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity All-International Equity ETF (FCIN.NEO) and Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCIN.NEO achieves a 11.90% return, which is significantly lower than VDU.TO's 16.55% return.

FCIN.NEO

• 1D: 0.58%
• 1M: 2.85%
• YTD: 11.90%
• 6M: 13.16%
• 1Y: 24.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VDU.TO

• 1D: 0.29%
• 1M: 6.07%
• YTD: 16.55%
• 6M: 17.23%
• 1Y: 33.32%
• 3Y*: 20.65%
• 5Y*: 12.05%
• 10Y*: 10.31%

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

FCIN.NEO vs. VDU.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FCIN.NEO Fidelity All-International Equity ETF	11.90%	28.04%	11.14%
VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF	16.55%	27.97%	10.43%

Correlation

The correlation between FCIN.NEO and VDU.TO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Feb 6, 2024	0.84

The correlation between FCIN.NEO and VDU.TO has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

FCIN.NEO vs. VDU.TO - Sectors Allocation Comparison

Sectors	FCIN.NEO	VDU.TO
Financial Services	27.9%	23.3%
Industrials	16.3%	19.2%
Communication Services	8.6%	3.4%
Consumer Cyclical	7.8%	7.5%
Technology	7.2%	13.8%
Real Estate	7.1%	2.7%
Consumer Defensive	6.8%	5.6%
Energy	6.1%	5.4%
Utilities	5.9%	3.3%
Healthcare	3.6%	8.2%
Basic Materials	2.7%	7.5%

Return for Risk

FCIN.NEO vs. VDU.TO — Risk / Return Rank

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

FCIN.NEO

FCIN.NEO Risk / Return Rank: 56
FCIN.NEO Sharpe Ratio Rank: 56
FCIN.NEO Sortino Ratio Rank: 55
FCIN.NEO Omega Ratio Rank: 58
FCIN.NEO Calmar Ratio Rank: 53
FCIN.NEO Martin Ratio Rank: 59

VDU.TO

VDU.TO Risk / Return Rank: 68
VDU.TO Sharpe Ratio Rank: 71
VDU.TO Sortino Ratio Rank: 70
VDU.TO Omega Ratio Rank: 71
VDU.TO Calmar Ratio Rank: 60
VDU.TO Martin Ratio Rank: 67

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.

FCIN.NEO vs. VDU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity All-International Equity ETF (FCIN.NEO) and Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.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.

	FCIN.NEO	VDU.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.87	2.28	-0.41
Sortino ratio: Return per unit of downside risk	2.62	3.14	-0.52
Omega ratio: Gain probability vs. loss probability	1.35	1.42	-0.07
Calmar ratio: Return relative to maximum drawdown	2.59	2.92	-0.33
Martin ratio: Return relative to average drawdown	10.20	12.07	-1.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCIN.NEO vs. VDU.TO - Sharpe Ratio Comparison

The current FCIN.NEO Sharpe Ratio is 1.87, which is comparable to the VDU.TO Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of FCIN.NEO and VDU.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FCIN.NEO	VDU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	2.28	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	0.70	+0.92

Drawdowns

FCIN.NEO vs. VDU.TO - Drawdown Comparison

The maximum FCIN.NEO drawdown since its inception was -12.34%, smaller than the maximum VDU.TO drawdown of -29.19%. Use the drawdown chart below to compare losses from any high point for FCIN.NEO and VDU.TO.

Drawdown Indicators

	FCIN.NEO	VDU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-12.34%	-29.19%	+16.85%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-11.47%	+1.91%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.19%	—
Current Drawdown Current decline from peak	-1.59%	-0.16%	-1.43%
Average Drawdown Average peak-to-trough decline	-1.55%	-4.66%	+3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	2.77%	-0.35%

Volatility

FCIN.NEO vs. VDU.TO - Volatility Comparison

Fidelity All-International Equity ETF (FCIN.NEO) has a higher volatility of 5.36% compared to Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) at 5.02%. This indicates that FCIN.NEO's price experiences larger fluctuations and is considered to be riskier than VDU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCIN.NEO	VDU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.36%	5.02%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	10.88%	12.47%	-1.59%
Volatility (1Y) Calculated over the trailing 1-year period	13.22%	14.66%	-1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.75%	13.50%	+0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.75%	14.75%	-1.00%

Dividends

FCIN.NEO vs. VDU.TO - Dividend Comparison

FCIN.NEO's dividend yield for the trailing twelve months is around 1.14%, less than VDU.TO's 2.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCIN.NEO Fidelity All-International Equity ETF	1.14%	1.28%	1.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF	2.09%	2.61%	2.55%	2.54%	2.14%	2.67%	1.64%	2.48%	2.61%	2.26%	2.41%	2.25%

Frequently Asked Questions

Can I hold both FCIN.NEO and VDU.TO in my portfolio?

FCIN.NEO and VDU.TO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between FCIN.NEO and VDU.TO?

They also come from different issuers: Fidelity and Vanguard.