FCIV.TO vs. IVV
Compare and contrast key facts about Fidelity International Value ETF (FCIV.TO) and iShares Core S&P 500 ETF (IVV).
FCIV.TO and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCIV.TO is a passively managed fund by Fidelity that tracks the performance of the Fidelity Canada International Value Index. It was launched on Jun 3, 2025. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both FCIV.TO and IVV 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
FCIV.TO vs. IVV - Performance Comparison
Loading graphics...
FCIV.TO vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FCIV.TO Fidelity International Value ETF | 10.05% | 33.59% | 6.89% | 22.74% | -0.22% | 14.15% | 5.34% |
IVV iShares Core S&P 500 ETF | -3.09% | 12.44% | 35.67% | 23.52% | -12.33% | 27.59% | 13.00% |
Different Trading Currencies
FCIV.TO is traded in CAD, while IVV is traded in USD. To make them comparable, the IVV values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FCIV.TO achieves a 10.05% return, which is significantly higher than IVV's -5.71% return.
FCIV.TO
- 1D
- 2.69%
- 1M
- -2.93%
- YTD
- 10.05%
- 6M
- 13.24%
- 1Y
- 30.28%
- 3Y*
- 21.15%
- 5Y*
- 15.05%
- 10Y*
- —
IVV
- 1D
- 0.00%
- 1M
- -5.75%
- YTD
- -5.71%
- 6M
- -4.55%
- 1Y
- 10.68%
- 3Y*
- 18.33%
- 5Y*
- 13.46%
- 10Y*
- 14.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCIV.TO vs. IVV - Expense Ratio Comparison
FCIV.TO has a 0.45% expense ratio, which is higher than IVV's 0.03% expense ratio.
Return for Risk
FCIV.TO vs. IVV — Risk / Return Rank
FCIV.TO
IVV
FCIV.TO vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value ETF (FCIV.TO) and iShares Core S&P 500 ETF (IVV). 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.
| FCIV.TO | IVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 0.60 | +1.10 |
Sortino ratioReturn per unit of downside risk | 2.23 | 0.93 | +1.30 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.15 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 2.25 | 1.00 | +1.24 |
Martin ratioReturn relative to average drawdown | 10.57 | 3.74 | +6.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FCIV.TO | IVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 0.60 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.91 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 1.04 | -0.04 |
Correlation
The correlation between FCIV.TO and IVV 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
FCIV.TO vs. IVV - Dividend Comparison
FCIV.TO's dividend yield for the trailing twelve months is around 1.89%, more than IVV's 1.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCIV.TO Fidelity International Value ETF | 1.89% | 2.08% | 2.80% | 3.63% | 3.45% | 2.97% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.23% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Drawdowns
FCIV.TO vs. IVV - Drawdown Comparison
The maximum FCIV.TO drawdown since its inception was -24.27%, smaller than the maximum IVV drawdown of -27.53%. Use the drawdown chart below to compare losses from any high point for FCIV.TO and IVV.
Loading graphics...
Drawdown Indicators
| FCIV.TO | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.27% | -55.25% | +30.98% |
Max Drawdown (1Y)Largest decline over 1 year | -13.14% | -12.06% | -1.08% |
Max Drawdown (5Y)Largest decline over 5 years | -24.27% | -24.53% | +0.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.90% | — |
Current DrawdownCurrent decline from peak | -3.45% | -6.26% | +2.81% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -10.85% | +6.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.53% | +0.31% |
Volatility
FCIV.TO vs. IVV - Volatility Comparison
Fidelity International Value ETF (FCIV.TO) has a higher volatility of 6.93% compared to iShares Core S&P 500 ETF (IVV) at 4.28%. This indicates that FCIV.TO's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FCIV.TO | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 4.28% | +2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 11.72% | 9.14% | +2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.88% | 17.92% | -0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.15% | 14.92% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.59% | 16.29% | -0.70% |