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FCIV.TO vs. SLVP
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FCIV.TO vs. SLVP

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity International Value ETF (FCIV.TO) and iShares MSCI Global Silver Miners ETF (SLVP).

FCIV.TO and SLVP 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. SLVP is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Silver Miners Investable Market Index. It was launched on Jan 31, 2012. Both FCIV.TO and SLVP 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. SLVP - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity International Value ETF (FCIV.TO) and iShares MSCI Global Silver Miners ETF (SLVP). The values are adjusted to include any dividend payments, if applicable.

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FCIV.TO vs. SLVP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
FCIV.TO
Fidelity International Value ETF		10.05%33.59%6.89%22.74%-0.22%14.15%5.34%
SLVP
iShares MSCI Global Silver Miners ETF		4.87%188.95%24.31%-4.46%-12.22%-24.22%29.84%
Different Trading Currencies

FCIV.TO is traded in CAD, while SLVP is traded in USD. To make them comparable, the SLVP 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 SLVP's 4.87% 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*
—

SLVP

1D
7.40%
1M
-23.89%
YTD
4.87%
6M
31.68%
1Y
133.20%
3Y*
48.99%
5Y*
22.08%
10Y*
18.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Fidelity International Value ETF

iShares MSCI Global Silver Miners ETF

Often compared with FCIV.TO:
FCIV.TO vs. VI.TOFCIV.TO vs. FCIM.NEOFCIV.TO vs. FCID.TOFCIV.TO vs. VIDY.TOFCIV.TO vs. VIU.TOFCIV.TO vs. XFN.TOFCIV.TO vs. VDU.TO
Often compared with SLVP:
SLVP vs. SLVSLVP vs. SILSLVP vs. SSLN.LSLVP vs. SIVRSLVP vs. PSLVSLVP vs. SLVR.DESLVP vs. RING

FCIV.TO vs. SLVP - Expense Ratio Comparison

FCIV.TO has a 0.45% expense ratio, which is higher than SLVP's 0.39% expense ratio.

FCIV.TO
Fidelity International Value ETF
SLVP
iShares MSCI Global Silver Miners ETF

Return for Risk

FCIV.TO vs. SLVP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FCIV.TO
FCIV.TO Risk / Return Rank: 8585
Overall Rank
FCIV.TO Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
FCIV.TO Sortino Ratio Rank: 8484
Sortino Ratio Rank
FCIV.TO Omega Ratio Rank: 8585
Omega Ratio Rank
FCIV.TO Calmar Ratio Rank: 8181
Calmar Ratio Rank
FCIV.TO Martin Ratio Rank: 8787
Martin Ratio Rank
SLVP
SLVP Risk / Return Rank: 9494
Overall Rank
SLVP Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SLVP Sortino Ratio Rank: 9393
Sortino Ratio Rank
SLVP Omega Ratio Rank: 9292
Omega Ratio Rank
SLVP Calmar Ratio Rank: 9696
Calmar Ratio Rank
SLVP Martin Ratio Rank: 9494
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.

FCIV.TO vs. SLVP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value ETF (FCIV.TO) and iShares MSCI Global Silver Miners ETF (SLVP). 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.TOSLVPDifference

Sharpe ratio

Return per unit of total volatility

1.70

2.56

-0.86

Sortino ratio

Return per unit of downside risk

2.23

2.72

-0.49

Omega ratio

Gain probability vs. loss probability

1.34

1.38

-0.04

Calmar ratio

Return relative to maximum drawdown

2.25

4.05

-1.81

Martin ratio

Return relative to average drawdown

10.57

13.69

-3.13

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCIV.TO vs. SLVP - Sharpe Ratio Comparison

The current FCIV.TO Sharpe Ratio is 1.70, which is lower than the SLVP Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of FCIV.TO and SLVP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

FCIV.TOSLVPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.70

2.56

-0.86

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.00

0.56

+0.44

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.45

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.00

0.16

+0.84

Correlation

The correlation between FCIV.TO and SLVP is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FCIV.TO vs. SLVP - Dividend Comparison

FCIV.TO's dividend yield for the trailing twelve months is around 1.89%, more than SLVP's 1.72% yield.

TTM20252024202320222021202020192018201720162015
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%
SLVP
iShares MSCI Global Silver Miners ETF		1.72%1.78%1.05%0.88%0.63%1.63%2.39%2.03%1.28%0.85%2.32%0.72%

Drawdowns

FCIV.TO vs. SLVP - Drawdown Comparison

The maximum FCIV.TO drawdown since its inception was -24.27%, smaller than the maximum SLVP drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for FCIV.TO and SLVP.

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Drawdown Indicators

FCIV.TOSLVPDifference

Max Drawdown

Largest peak-to-trough decline

-24.27%

-80.47%

+56.20%

Max Drawdown (1Y)

Largest decline over 1 year

-13.14%

-33.57%

+20.43%

Max Drawdown (5Y)

Largest decline over 5 years

-24.27%

-55.36%

+31.09%

Max Drawdown (10Y)

Largest decline over 10 years

—

-62.03%

—

Current Drawdown

Current decline from peak

-3.45%

-25.36%

+21.91%

Average Drawdown

Average peak-to-trough decline

-4.11%

-47.13%

+43.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.84%

9.93%

-7.09%

Volatility

FCIV.TO vs. SLVP - Volatility Comparison

The current volatility for Fidelity International Value ETF (FCIV.TO) is 6.93%, while iShares MSCI Global Silver Miners ETF (SLVP) has a volatility of 19.41%. This indicates that FCIV.TO experiences smaller price fluctuations and is considered to be less risky than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FCIV.TOSLVPDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.93%

19.41%

-12.48%

Volatility (6M)

Calculated over the trailing 6-month period

11.72%

43.93%

-32.21%

Volatility (1Y)

Calculated over the trailing 1-year period

17.88%

52.26%

-34.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.15%

39.85%

-24.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.59%

40.33%

-24.74%