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FCIN.NEO vs. XDGH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FCIN.NEO vs. XDGH.TO

Last updated Jun 5, 2026

FCIN.NEO (Fidelity All-International Equity ETF) and XDGH.TO (iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)) are both Global Equities funds. FCIN.NEO is actively managed, while XDGH.TO is passively managed. Over the past year, FCIN.NEO returned 24.64% vs 18.19% for XDGH.TO. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

FCIN.NEO vs. XDGH.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 iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FCIN.NEO achieves a 11.90% return, which is significantly higher than XDGH.TO's 7.78% return.

FCIN.NEO

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

XDGH.TO

1D
0.58%
1M
1.83%
YTD
7.78%
6M
9.10%
1Y
18.19%
3Y*
13.27%
5Y*
8.24%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024
FCIN.NEO
Fidelity All-International Equity ETF		11.90%28.04%11.14%
XDGH.TO
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)		7.78%14.60%9.12%

Correlation

The correlation between FCIN.NEO and XDGH.TO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.53

Correlation (All Time)
Calculated using the full available price history since Feb 6, 2024

0.52

The correlation between FCIN.NEO and XDGH.TO has been stable across timeframes, ranging from 0.52 to 0.53 - a consistent structural relationship.

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

Sectors
FCIN.NEO
XDGH.TO

Financial Services

27.9%
13.2%

Industrials

16.3%
12.6%

Communication Services

8.6%
3.3%

Consumer Cyclical

7.8%
9.4%

Technology

7.2%
9.6%

Real Estate

7.1%
0.2%

Consumer Defensive

6.8%
14.8%

Energy

6.1%
10.3%

Utilities

5.9%
5.6%

Healthcare

3.6%
16.9%

Basic Materials

2.7%
2.4%

Financial Services

FCIN.NEO
27.9%
XDGH.TO
13.2%

Industrials

FCIN.NEO
16.3%
XDGH.TO
12.6%

Communication Services

FCIN.NEO
8.6%
XDGH.TO
3.3%

Consumer Cyclical

FCIN.NEO
7.8%
XDGH.TO
9.4%

Technology

FCIN.NEO
7.2%
XDGH.TO
9.6%

Real Estate

FCIN.NEO
7.1%
XDGH.TO
0.2%

Consumer Defensive

FCIN.NEO
6.8%
XDGH.TO
14.8%

Energy

FCIN.NEO
6.1%
XDGH.TO
10.3%

Utilities

FCIN.NEO
5.9%
XDGH.TO
5.6%

Healthcare

FCIN.NEO
3.6%
XDGH.TO
16.9%

Basic Materials

FCIN.NEO
2.7%
XDGH.TO
2.4%

Compare stocks, funds, or ETFs

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

Fidelity All-International Equity ETF

iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)

Often compared with FCIN.NEO:
FCIN.NEO vs. FCID.TOFCIN.NEO vs. BREA.TOFCIN.NEO vs. XMY.TOFCIN.NEO vs. BGIE.TOFCIN.NEO vs. MEQT.TOFCIN.NEO vs. TINF.TOFCIN.NEO vs. CYH.TO
Often compared with XDGH.TO:
XDGH.TO vs. XDG.TOXDGH.TO vs. XHD.TOXDGH.TO vs. XEQT.TOXDGH.TO vs. XDUH.TOXDGH.TO vs. VFV.TOXDGH.TO vs. VIDY.TOXDGH.TO vs. ACWV

Return for Risk

FCIN.NEO vs. XDGH.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: 5656
Overall Rank
FCIN.NEO Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
FCIN.NEO Sortino Ratio Rank: 5555
Sortino Ratio Rank
FCIN.NEO Omega Ratio Rank: 5858
Omega Ratio Rank
FCIN.NEO Calmar Ratio Rank: 5353
Calmar Ratio Rank
FCIN.NEO Martin Ratio Rank: 5959
Martin Ratio Rank
XDGH.TO
XDGH.TO Risk / Return Rank: 5656
Overall Rank
XDGH.TO Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
XDGH.TO Sortino Ratio Rank: 6161
Sortino Ratio Rank
XDGH.TO Omega Ratio Rank: 5555
Omega Ratio Rank
XDGH.TO Calmar Ratio Rank: 5858
Calmar Ratio Rank
XDGH.TO Martin Ratio Rank: 5151
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.

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

This table presents a comparison of risk-adjusted performance metrics for Fidelity All-International Equity ETF (FCIN.NEO) and iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.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.NEOXDGH.TODifference
Sharpe ratioReturn per unit of total volatility
1.87
1.89

-0.01

Sortino ratioReturn per unit of downside risk
2.62
2.85

-0.23

Omega ratioGain probability vs. loss probability

1.35

1.34

+0.01

Calmar ratioReturn relative to maximum drawdown

2.59

2.86

-0.27

Martin ratioReturn relative to average drawdown

10.20

8.50

+1.70

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. XDGH.TO - Sharpe Ratio Comparison

The current FCIN.NEO Sharpe Ratio is 1.87, which is comparable to the XDGH.TO Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of FCIN.NEO and XDGH.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.

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Sharpe Ratios by Period

FCIN.NEOXDGH.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.87

1.89

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.68

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.61

0.54

+1.07

Drawdowns

FCIN.NEO vs. XDGH.TO - Drawdown Comparison

The maximum FCIN.NEO drawdown since its inception was -12.34%, smaller than the maximum XDGH.TO drawdown of -32.99%. Use the drawdown chart below to compare losses from any high point for FCIN.NEO and XDGH.TO.

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Drawdown Indicators

FCIN.NEOXDGH.TODifference

Max Drawdown

Largest peak-to-trough decline

-12.34%

-32.99%

+20.65%

Max Drawdown (1Y)

Largest decline over 1 year

-9.56%

-6.38%

-3.18%

Max Drawdown (3Y)

Largest decline over 3 years

—

-11.96%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-14.56%

—

Current Drawdown

Current decline from peak

-1.59%

-1.68%

+0.09%

Average Drawdown

Average peak-to-trough decline

-1.55%

-3.63%

+2.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.42%

2.15%

+0.27%

Volatility

FCIN.NEO vs. XDGH.TO - Volatility Comparison

Fidelity All-International Equity ETF (FCIN.NEO) has a higher volatility of 5.36% compared to iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO) at 2.51%. This indicates that FCIN.NEO's price experiences larger fluctuations and is considered to be riskier than XDGH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FCIN.NEOXDGH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.36%

2.51%

+2.85%

Volatility (6M)

Calculated over the trailing 6-month period

10.88%

6.86%

+4.02%

Volatility (1Y)

Calculated over the trailing 1-year period

13.22%

9.69%

+3.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.75%

12.13%

+1.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.75%

14.60%

-0.85%

Dividends

FCIN.NEO vs. XDGH.TO - Dividend Comparison

FCIN.NEO's dividend yield for the trailing twelve months is around 1.14%, less than XDGH.TO's 2.79% yield.

PositionTTM202520242023202220212020201920182017
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%
XDGH.TO
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)		2.79%2.81%3.04%3.41%3.18%3.05%3.24%2.82%3.29%0.81%

Frequently Asked Questions

FCIN.NEO and XDGH.TO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Fidelity and iShares.

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