FCIQ.TO vs. DXW.TO
FCIQ.TO (Fidelity International High Quality ETF) and DXW.TO (Dynamic Active International Dividend ETF) are both International Equity funds. Both are actively managed. Over the past 5 years, FCIQ.TO returned 6.70%/yr vs 4.87%/yr for DXW.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
FCIQ.TO vs. DXW.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCIQ.TO achieves a 12.25% return, which is significantly higher than DXW.TO's 10.24% return.
FCIQ.TO
- 1D
- -0.26%
- 1M
- 2.26%
- 6M
- 7.21%
- YTD
- 12.25%
- 1Y
- 12.91%
- 3Y*
- 13.48%
- 5Y*
- 6.70%
- 10Y*
- —
DXW.TO
- 1D
- -0.32%
- 1M
- 1.76%
- 6M
- 5.31%
- YTD
- 10.24%
- 1Y
- 18.69%
- 3Y*
- 12.00%
- 5Y*
- 4.87%
- 10Y*
- —
FCIQ.TO vs. DXW.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FCIQ.TO Fidelity International High Quality ETF | 12.25% | 11.87% | 11.21% | 17.76% | -16.23% | 5.22% | 21.79% |
DXW.TO Dynamic Active International Dividend ETF | 10.24% | 20.35% | 0.97% | 15.88% | -18.80% | 9.57% | 16.97% |
Correlation
The correlation between FCIQ.TO and DXW.TO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2020 | 0.43 |
Over the past year, the correlation between FCIQ.TO and DXW.TO has dropped to 0.21 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FCIQ.TO vs. DXW.TO — Risk / Return Rank
FCIQ.TO
DXW.TO
FCIQ.TO vs. DXW.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International High Quality ETF (FCIQ.TO) and Dynamic Active International Dividend ETF (DXW.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCIQ.TO | DXW.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 1.82 | -0.36 |
| Martin ratioReturn relative to average drawdown | 3.98 | 6.16 | -2.18 |
Loading charts...
Drawdowns
FCIQ.TO vs. DXW.TO - Drawdown Comparison
The maximum FCIQ.TO drawdown since its inception was -32.88%, which is greater than DXW.TO's maximum drawdown of -30.99%. Use the drawdown chart below to compare losses from any high point for FCIQ.TO and DXW.TO.
Loading charts...
Drawdown Indicators
| FCIQ.TO | DXW.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.88% | -30.99% | -1.89% |
Max Drawdown (1Y)Largest decline over 1 year | -8.91% | -10.23% | +1.32% |
Max Drawdown (3Y)Largest decline over 3 years | -13.41% | -14.39% | +0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -32.88% | -30.99% | -1.89% |
Current DrawdownCurrent decline from peak | -1.49% | -1.36% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -7.52% | +0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.02% | +0.23% |
Volatility
FCIQ.TO vs. DXW.TO - Volatility Comparison
Fidelity International High Quality ETF (FCIQ.TO) and Dynamic Active International Dividend ETF (DXW.TO) have volatilities of 3.78% and 3.79%, 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.
Loading charts...
Volatility by Period
| FCIQ.TO | DXW.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 3.79% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.53% | 12.09% | +0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.14% | 14.39% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.78% | 14.41% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.56% | 16.82% | -0.26% |
Dividends
FCIQ.TO vs. DXW.TO - Dividend Comparison
FCIQ.TO's dividend yield for the trailing twelve months is around 1.18%, less than DXW.TO's 1.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DXW.TO Dynamic Active International Dividend ETF | 1.58% | 2.38% | 2.21% | 1.94% | 2.36% | 1.35% | 0.97% | 0.00% |
FCIQ.TO Fidelity International High Quality ETF | 1.18% | 1.59% | 1.64% | 1.94% | 2.54% | 1.56% | 0.54% | 1.42% |
Frequently Asked Questions
FCIQ.TO and DXW.TO have a correlation of 0.21, 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 Dynamic.
Find the right allocation for FCIQ.TO and DXW.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer