FCNS.NEO vs. VCIP.TO
FCNS.NEO (Fidelity All-in-One Conservative ETF) and VCIP.TO (Vanguard Conservative Income ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past year, FCNS.NEO returned 11.65% vs 6.74% for VCIP.TO. Their correlation of 0.83 suggests significant overlap in exposure. FCNS.NEO charges 0.40%/yr vs 0.25%/yr for VCIP.TO.
Performance
FCNS.NEO vs. VCIP.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCNS.NEO achieves a 5.61% return, which is significantly higher than VCIP.TO's 2.67% return.
FCNS.NEO
- 1D
- 0.47%
- 1M
- -0.08%
- 6M
- 3.89%
- YTD
- 5.61%
- 1Y
- 11.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.36%
VCIP.TO
- 1D
- 0.29%
- 1M
- -1.01%
- 6M
- 1.73%
- YTD
- 2.67%
- 1Y
- 6.74%
- 3Y*
- 6.70%
- 5Y*
- 2.14%
- 10Y*
- —
- ALL TIME*
- 3.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$2.87M | CA$3.68M | CA$3.34M | |
| CA$158.36K | CA$152.65K | CA$180.37K |
FCNS.NEO vs. VCIP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FCNS.NEO Fidelity All-in-One Conservative ETF | 5.61% | 9.95% | 9.08% |
VCIP.TO Vanguard Conservative Income ETF Portfolio | 2.67% | 5.91% | 6.51% |
Correlation
The correlation between FCNS.NEO and VCIP.TO is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 13, 2024 | 0.83 |
The correlation between FCNS.NEO and VCIP.TO has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.
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
FCNS.NEO vs. VCIP.TO — Risk / Return Rank
FCNS.NEO
VCIP.TO
FCNS.NEO vs. VCIP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity All-in-One Conservative ETF (FCNS.NEO) and Vanguard Conservative Income ETF Portfolio (VCIP.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.
| FCNS.NEO | VCIP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.26 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 1.78 | +0.63 |
| Martin ratioReturn relative to average drawdown | 9.35 | 6.16 | +3.19 |
Loading charts...
Drawdowns
FCNS.NEO vs. VCIP.TO - Drawdown Comparison
The maximum FCNS.NEO drawdown since its inception was -6.45%, smaller than the maximum VCIP.TO drawdown of -15.86%. Use the drawdown chart below to compare losses from any high point for FCNS.NEO and VCIP.TO.
Loading charts...
Drawdown Indicators
| FCNS.NEO | VCIP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.45% | -15.86% | +9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -4.85% | -3.80% | -1.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.28% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.86% | — |
Current DrawdownCurrent decline from peak | -1.61% | -1.37% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -3.53% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 1.10% | +0.15% |
Volatility
FCNS.NEO vs. VCIP.TO - Volatility Comparison
Fidelity All-in-One Conservative ETF (FCNS.NEO) has a higher volatility of 2.90% compared to Vanguard Conservative Income ETF Portfolio (VCIP.TO) at 1.27%. This indicates that FCNS.NEO's price experiences larger fluctuations and is considered to be riskier than VCIP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCNS.NEO | VCIP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 1.27% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 5.82% | 4.08% | +1.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.88% | 4.83% | +2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.92% | 5.74% | +1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.92% | 6.22% | +0.70% |
FCNS.NEO vs. VCIP.TO - Expense Ratio Comparison
FCNS.NEO has a 0.40% expense ratio, which is higher than VCIP.TO's 0.25% expense ratio.
Dividends
FCNS.NEO vs. VCIP.TO - Dividend Comparison
FCNS.NEO's dividend yield for the trailing twelve months is around 1.96%, less than VCIP.TO's 2.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FCNS.NEO Fidelity All-in-One Conservative ETF | 1.96% | 2.07% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCIP.TO Vanguard Conservative Income ETF Portfolio | 2.96% | 2.93% | 2.90% | 2.77% | 2.29% | 2.23% | 1.86% | 2.08% |
Frequently Asked Questions
FCNS.NEO and VCIP.TO have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VCIP.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VCIP.TO is cheaper with a 0.25% expense ratio, compared with 0.40% for FCNS.NEO.
They also come from different issuers: Fidelity and Vanguard. Their fees differ too: 0.40% for FCNS.NEO and 0.25% for VCIP.TO.
Find the right allocation for FCNS.NEO and VCIP.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