FCLCX vs. XQQ.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Industrials Fund Class C (FCLCX) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO).

FCLCX is managed by Fidelity. It was launched on Nov 3, 1997. XQQ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 3, 2011.

Performance

FCLCX vs. XQQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Industrials Fund Class C (FCLCX) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO). The values are adjusted to include any dividend payments, if applicable.

FCLCX vs. XQQ.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCLCX Fidelity Advisor Industrials Fund Class C	0.59%	23.55%	28.16%	21.74%	-11.33%	15.36%	10.36%	26.81%	-16.46%	18.67%
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged)	-7.67%	24.05%	14.41%	55.69%	-38.11%	23.20%	48.13%	44.35%	-9.92%	40.93%

Different Trading Currencies

FCLCX is traded in USD, while XQQ.TO is traded in CAD. To make them comparable, the XQQ.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FCLCX achieves a 0.59% return, which is significantly higher than XQQ.TO's -7.67% return. Over the past 10 years, FCLCX has underperformed XQQ.TO with an annualized return of 11.75%, while XQQ.TO has yielded a comparatively higher 15.99% annualized return.

FCLCX

• 1D: -1.93%
• 1M: -12.61%
• YTD: 0.59%
• 6M: 2.24%
• 1Y: 28.24%
• 3Y*: 23.77%
• 5Y*: 13.73%
• 10Y*: 11.75%

XQQ.TO

• 1D: 3.55%
• 1M: -6.82%
• YTD: -7.67%
• 6M: -4.50%
• 1Y: 25.31%
• 3Y*: 19.20%
• 5Y*: 8.20%
• 10Y*: 15.99%

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

FCLCX vs. XQQ.TO - Expense Ratio Comparison

FCLCX has a 1.77% expense ratio, which is higher than XQQ.TO's 0.39% expense ratio.

FCLCX

Fidelity Advisor Industrials Fund Class C

XQQ.TO

iShares NASDAQ 100 Index ETF (CAD-Hedged)

Return for Risk

FCLCX vs. XQQ.TO — Risk / Return Rank

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

FCLCX

FCLCX Risk / Return Rank: 74
FCLCX Sharpe Ratio Rank: 71
FCLCX Sortino Ratio Rank: 73
FCLCX Omega Ratio Rank: 67
FCLCX Calmar Ratio Rank: 79
FCLCX Martin Ratio Rank: 78

XQQ.TO

XQQ.TO Risk / Return Rank: 63
XQQ.TO Sharpe Ratio Rank: 58
XQQ.TO Sortino Ratio Rank: 62
XQQ.TO Omega Ratio Rank: 62
XQQ.TO Calmar Ratio Rank: 69
XQQ.TO Martin Ratio Rank: 63

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.

FCLCX vs. XQQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Industrials Fund Class C (FCLCX) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.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.

	FCLCX	XQQ.TO	Difference
Sharpe ratio Return per unit of total volatility	1.28	1.07	+0.20
Sortino ratio Return per unit of downside risk	1.83	1.72	+0.12
Omega ratio Gain probability vs. loss probability	1.26	1.24	+0.02
Calmar ratio Return relative to maximum drawdown	1.92	1.72	+0.20
Martin ratio Return relative to average drawdown	7.50	6.83	+0.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCLCX vs. XQQ.TO - Sharpe Ratio Comparison

The current FCLCX Sharpe Ratio is 1.28, which is comparable to the XQQ.TO Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of FCLCX and XQQ.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FCLCX	XQQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	1.07	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.32	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.63	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	-1.27	+1.75

Correlation

The correlation between FCLCX and XQQ.TO is 0.66, 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

FCLCX vs. XQQ.TO - Dividend Comparison

FCLCX's dividend yield for the trailing twelve months is around 2.18%, more than XQQ.TO's 0.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCLCX Fidelity Advisor Industrials Fund Class C	2.18%	2.19%	9.45%	10.59%	4.10%	24.59%	0.68%	7.65%	13.22%	2.98%	5.82%	9.58%
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged)	0.27%	0.25%	0.32%	0.31%	0.43%	0.17%	0.26%	0.46%	0.52%	0.53%	0.76%	0.62%

Drawdowns

FCLCX vs. XQQ.TO - Drawdown Comparison

The maximum FCLCX drawdown since its inception was -61.33%, smaller than the maximum XQQ.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for FCLCX and XQQ.TO.

Drawdown Indicators

	FCLCX	XQQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-61.33%	-100.00%	+38.67%
Max Drawdown (1Y) Largest decline over 1 year	-13.32%	-12.76%	-0.56%
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	-38.55%	+11.73%
Max Drawdown (10Y) Largest decline over 10 years	-42.77%	-38.55%	-4.22%
Current Drawdown Current decline from peak	-13.16%	-99.98%	+86.82%
Average Drawdown Average peak-to-trough decline	-8.20%	-99.99%	+91.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	3.63%	-0.22%

Volatility

FCLCX vs. XQQ.TO - Volatility Comparison

Fidelity Advisor Industrials Fund Class C (FCLCX) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) have volatilities of 6.68% and 7.02%, 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.

Volatility by Period

	FCLCX	XQQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	7.02%	-0.34%
Volatility (6M) Calculated over the trailing 6-month period	13.33%	13.73%	-0.40%
Volatility (1Y) Calculated over the trailing 1-year period	22.51%	23.71%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	25.78%	-5.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.40%	25.50%	-4.10%