FCRR.TO vs. XDU.TO
FCRR.TO (Fidelity U.S. Dividend for Rising Rates ETF) and XDU.TO (iShares Core MSCI US Quality Dividend Index ETF) are both exchange-traded funds - FCRR.TO is a Dividend fund actively managed by Fidelity, while XDU.TO is a Large Cap Value Equities fund tracking the Morningstar US Market TR CAD. FCRR.TO is actively managed, while XDU.TO is passively managed. Over the past 5 years, FCRR.TO returned 12.52%/yr vs 7.61%/yr for XDU.TO. At a 0.47 correlation, their price movements are largely independent. FCRR.TO charges 0.35%/yr vs 0.16%/yr for XDU.TO.
Performance
FCRR.TO vs. XDU.TO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with FCRR.TO having a 14.88% return and XDU.TO slightly lower at 14.19%.
FCRR.TO
- 1D
- -0.03%
- 1M
- 0.87%
- 6M
- 12.05%
- YTD
- 14.88%
- 1Y
- 15.20%
- 3Y*
- 17.64%
- 5Y*
- 12.52%
- 10Y*
- —
XDU.TO
- 1D
- -0.62%
- 1M
- 0.15%
- 6M
- 8.77%
- YTD
- 14.19%
- 1Y
- 17.24%
- 3Y*
- 12.20%
- 5Y*
- 7.61%
- 10Y*
- —
FCRR.TO vs. XDU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FCRR.TO Fidelity U.S. Dividend for Rising Rates ETF | 14.88% | 3.53% | 29.84% | 12.53% | -6.47% | 29.36% | 2.65% | 24.40% | -10.27% |
XDU.TO iShares Core MSCI US Quality Dividend Index ETF | 14.19% | 2.51% | 14.32% | 3.75% | -3.70% | 28.08% | -0.76% | 15.98% | -4.31% |
Correlation
The correlation between FCRR.TO and XDU.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2018 | 0.47 |
Over the past year, the correlation between FCRR.TO and XDU.TO has dropped to 0.26 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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
FCRR.TO vs. XDU.TO — Risk / Return Rank
FCRR.TO
XDU.TO
FCRR.TO vs. XDU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Dividend for Rising Rates ETF (FCRR.TO) and iShares Core MSCI US Quality Dividend Index ETF (XDU.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.
| FCRR.TO | XDU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.28 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.82 | -2.00 |
| Martin ratioReturn relative to average drawdown | 1.64 | 8.34 | -6.71 |
Loading charts...
Drawdowns
FCRR.TO vs. XDU.TO - Drawdown Comparison
The maximum FCRR.TO drawdown since its inception was -31.45%, which is greater than XDU.TO's maximum drawdown of -28.56%. Use the drawdown chart below to compare losses from any high point for FCRR.TO and XDU.TO.
Loading charts...
Drawdown Indicators
| FCRR.TO | XDU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.45% | -28.56% | -2.89% |
Max Drawdown (1Y)Largest decline over 1 year | -18.61% | -6.13% | -12.48% |
Max Drawdown (3Y)Largest decline over 3 years | -18.61% | -16.67% | -1.94% |
Max Drawdown (5Y)Largest decline over 5 years | -18.61% | -16.67% | -1.94% |
Current DrawdownCurrent decline from peak | -3.84% | -3.02% | -0.82% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -5.95% | +1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 2.07% | +7.22% |
Volatility
FCRR.TO vs. XDU.TO - Volatility Comparison
The current volatility for Fidelity U.S. Dividend for Rising Rates ETF (FCRR.TO) is 2.41%, while iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) has a volatility of 3.48%. This indicates that FCRR.TO experiences smaller price fluctuations and is considered to be less risky than XDU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCRR.TO | XDU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.41% | 3.48% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.89% | 7.68% | +1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.70% | 11.05% | +9.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.43% | 18.89% | -3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.82% | 28.94% | -12.12% |
FCRR.TO vs. XDU.TO - Expense Ratio Comparison
FCRR.TO has a 0.35% expense ratio, which is higher than XDU.TO's 0.16% expense ratio.
Dividends
FCRR.TO vs. XDU.TO - Dividend Comparison
FCRR.TO's dividend yield for the trailing twelve months is around 1.55%, less than XDU.TO's 2.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FCRR.TO Fidelity U.S. Dividend for Rising Rates ETF | 1.55% | 1.86% | 1.65% | 2.01% | 2.08% | 1.59% | 2.53% | 2.27% | 0.61% | 0.00% |
XDU.TO iShares Core MSCI US Quality Dividend Index ETF | 2.25% | 2.54% | 2.31% | 2.53% | 2.25% | 2.13% | 2.99% | 2.54% | 2.49% | 1.39% |
Frequently Asked Questions
FCRR.TO and XDU.TO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDU.TO is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDU.TO is cheaper with a 0.16% expense ratio, compared with 0.35% for FCRR.TO.
FCRR.TO is categorized as Dividend, while XDU.TO is Large Cap Value Equities. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.35% for FCRR.TO and 0.16% for XDU.TO.
Find the right allocation for FCRR.TO and XDU.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