FCMO.NEO vs. XGRO.TO
Compare and contrast key facts about Fidelity US Momentum ETF (FCMO.NEO) and iShares Core Growth ETF Portfolio (XGRO.TO).
FCMO.NEO and XGRO.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCMO.NEO is a passively managed fund by Fidelity that tracks the performance of the Fidelity Canada U.S. Momentum Index. It was launched on Jun 5, 2020. XGRO.TO is an actively managed fund by iShares. It was launched on Jun 21, 2007.
Performance
FCMO.NEO vs. XGRO.TO - Performance Comparison
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FCMO.NEO vs. XGRO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FCMO.NEO Fidelity US Momentum ETF | 0.94% | 14.07% | 26.59% |
XGRO.TO iShares Core Growth ETF Portfolio | 1.11% | 15.59% | 11.24% |
Returns By Period
In the year-to-date period, FCMO.NEO achieves a 0.94% return, which is significantly lower than XGRO.TO's 1.11% return.
FCMO.NEO
- 1D
- 1.46%
- 1M
- -4.10%
- YTD
- 0.94%
- 6M
- -0.31%
- 1Y
- 19.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XGRO.TO
- 1D
- 0.60%
- 1M
- -3.69%
- YTD
- 1.11%
- 6M
- 1.57%
- 1Y
- 16.38%
- 3Y*
- 14.96%
- 5Y*
- 9.36%
- 10Y*
- 9.56%
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FCMO.NEO vs. XGRO.TO - Expense Ratio Comparison
FCMO.NEO has a 0.38% expense ratio, which is higher than XGRO.TO's 0.20% expense ratio.
Return for Risk
FCMO.NEO vs. XGRO.TO — Risk / Return Rank
FCMO.NEO
XGRO.TO
FCMO.NEO vs. XGRO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity US Momentum ETF (FCMO.NEO) and iShares Core Growth ETF Portfolio (XGRO.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.
| FCMO.NEO | XGRO.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 1.22 | -0.41 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.72 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.68 | -0.23 |
Martin ratioReturn relative to average drawdown | 5.08 | 7.43 | -2.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCMO.NEO | XGRO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 1.22 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.87 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.33 | +0.68 |
Correlation
The correlation between FCMO.NEO and XGRO.TO is 0.69, 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
FCMO.NEO vs. XGRO.TO - Dividend Comparison
FCMO.NEO's dividend yield for the trailing twelve months is around 0.36%, less than XGRO.TO's 1.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCMO.NEO Fidelity US Momentum ETF | 0.36% | 0.36% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XGRO.TO iShares Core Growth ETF Portfolio | 1.92% | 1.92% | 1.98% | 2.22% | 1.86% | 1.66% | 1.94% | 2.21% | 7.42% | 2.04% | 2.65% | 2.15% |
Drawdowns
FCMO.NEO vs. XGRO.TO - Drawdown Comparison
The maximum FCMO.NEO drawdown since its inception was -21.77%, smaller than the maximum XGRO.TO drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for FCMO.NEO and XGRO.TO.
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Drawdown Indicators
| FCMO.NEO | XGRO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.77% | -47.97% | +26.20% |
Max Drawdown (1Y)Largest decline over 1 year | -13.90% | -9.78% | -4.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.85% | — |
Current DrawdownCurrent decline from peak | -5.35% | -3.80% | -1.55% |
Average DrawdownAverage peak-to-trough decline | -3.12% | -8.56% | +5.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 2.21% | +1.76% |
Volatility
FCMO.NEO vs. XGRO.TO - Volatility Comparison
Fidelity US Momentum ETF (FCMO.NEO) has a higher volatility of 8.84% compared to iShares Core Growth ETF Portfolio (XGRO.TO) at 5.73%. This indicates that FCMO.NEO's price experiences larger fluctuations and is considered to be riskier than XGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCMO.NEO | XGRO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.84% | 5.73% | +3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 14.74% | 8.61% | +6.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.21% | 13.49% | +10.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.68% | 10.88% | +9.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.68% | 12.20% | +8.48% |