FCRR.TO vs. XDUH.TO
FCRR.TO (Fidelity U.S. Dividend for Rising Rates ETF) and XDUH.TO (iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)) are both exchange-traded funds - FCRR.TO is a Dividend fund actively managed by Fidelity, while XDUH.TO is a Large Cap Value Equities fund tracking the Morningstar US Market TR CAD. FCRR.TO is actively managed, while XDUH.TO is passively managed. Over the past 5 years, FCRR.TO returned 12.52%/yr vs 6.72%/yr for XDUH.TO. At a 0.38 correlation, their price movements are largely independent. FCRR.TO charges 0.35%/yr vs 0.16%/yr for XDUH.TO.
Performance
FCRR.TO vs. XDUH.TO - Performance Comparison
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Returns By Period
In the year-to-date period, FCRR.TO achieves a 14.88% return, which is significantly higher than XDUH.TO's 9.87% return.
FCRR.TO
- 1D
- -0.03%
- 1M
- 0.87%
- 6M
- 12.05%
- YTD
- 14.88%
- 1Y
- 15.20%
- 3Y*
- 17.64%
- 5Y*
- 12.52%
- 10Y*
- —
XDUH.TO
- 1D
- -0.51%
- 1M
- -0.83%
- 6M
- 6.62%
- YTD
- 9.87%
- 1Y
- 13.26%
- 3Y*
- 10.91%
- 5Y*
- 6.72%
- 10Y*
- —
FCRR.TO vs. XDUH.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% |
XDUH.TO iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) | 9.87% | 8.08% | 9.51% | 5.63% | -6.27% | 22.61% | -2.02% | 21.45% | -9.68% |
Correlation
The correlation between FCRR.TO and XDUH.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2018 | 0.38 |
Over the past year, the correlation between FCRR.TO and XDUH.TO has dropped to 0.17 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.
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Return for Risk
FCRR.TO vs. XDUH.TO — Risk / Return Rank
FCRR.TO
XDUH.TO
FCRR.TO vs. XDUH.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 (CAD-Hedged) (XDUH.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 | XDUH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.19 | -1.37 |
| Martin ratioReturn relative to average drawdown | 1.64 | 5.81 | -4.17 |
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Drawdowns
FCRR.TO vs. XDUH.TO - Drawdown Comparison
The maximum FCRR.TO drawdown since its inception was -31.45%, smaller than the maximum XDUH.TO drawdown of -34.91%. Use the drawdown chart below to compare losses from any high point for FCRR.TO and XDUH.TO.
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Drawdown Indicators
| FCRR.TO | XDUH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.45% | -34.91% | +3.46% |
Max Drawdown (1Y)Largest decline over 1 year | -18.61% | -6.08% | -12.53% |
Max Drawdown (3Y)Largest decline over 3 years | -18.61% | -14.35% | -4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -18.61% | -17.33% | -1.28% |
Current DrawdownCurrent decline from peak | -3.84% | -2.27% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -4.40% | -0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 2.29% | +7.00% |
Volatility
FCRR.TO vs. XDUH.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 (CAD-Hedged) (XDUH.TO) has a volatility of 3.54%. This indicates that FCRR.TO experiences smaller price fluctuations and is considered to be less risky than XDUH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCRR.TO | XDUH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.41% | 3.54% | -1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 8.89% | 7.30% | +1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.70% | 11.73% | +8.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.43% | 13.61% | +1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.82% | 16.43% | +0.39% |
FCRR.TO vs. XDUH.TO - Expense Ratio Comparison
FCRR.TO has a 0.35% expense ratio, which is higher than XDUH.TO's 0.16% expense ratio.
Dividends
FCRR.TO vs. XDUH.TO - Dividend Comparison
FCRR.TO's dividend yield for the trailing twelve months is around 1.55%, less than XDUH.TO's 2.27% 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% |
XDUH.TO iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) | 2.27% | 2.46% | 2.67% | 2.55% | 2.40% | 2.62% | 2.67% | 2.36% | 2.75% | 0.76% |
Frequently Asked Questions
FCRR.TO and XDUH.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDUH.TO is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDUH.TO is cheaper with a 0.16% expense ratio, compared with 0.35% for FCRR.TO.
FCRR.TO is categorized as Dividend, while XDUH.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 XDUH.TO.
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