FCSB.NEO vs. FGRO.NEO
Compare and contrast key facts about Fidelity Canadian Short Term Corporate Bond ETF (FCSB.NEO) and Fidelity All-in-One Growth ETF (FGRO.NEO).
FCSB.NEO and FGRO.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCSB.NEO is a passively managed fund by Fidelity that tracks the performance of the FTSE Canada Short Term Corporate Bond 5% Capped Index. It was launched on Sep 20, 2019. FGRO.NEO is an actively managed fund by Fidelity. It was launched on Jan 21, 2021.
Performance
FCSB.NEO vs. FGRO.NEO - Performance Comparison
Loading graphics...
FCSB.NEO vs. FGRO.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FCSB.NEO Fidelity Canadian Short Term Corporate Bond ETF | 0.17% | 4.15% | 7.55% | 6.81% | -4.22% | -1.07% |
FGRO.NEO Fidelity All-in-One Growth ETF | 1.81% | 17.00% | 25.97% | 16.92% | -6.29% | 16.51% |
Returns By Period
In the year-to-date period, FCSB.NEO achieves a 0.17% return, which is significantly lower than FGRO.NEO's 1.81% return.
FCSB.NEO
- 1D
- -0.16%
- 1M
- -0.81%
- YTD
- 0.17%
- 6M
- 0.40%
- 1Y
- 3.02%
- 3Y*
- 5.42%
- 5Y*
- 2.69%
- 10Y*
- —
FGRO.NEO
- 1D
- 0.81%
- 1M
- -3.27%
- YTD
- 1.81%
- 6M
- 3.61%
- 1Y
- 16.60%
- 3Y*
- 18.32%
- 5Y*
- 13.52%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCSB.NEO vs. FGRO.NEO - Expense Ratio Comparison
FCSB.NEO has a 0.44% expense ratio, which is higher than FGRO.NEO's 0.42% expense ratio.
Return for Risk
FCSB.NEO vs. FGRO.NEO — Risk / Return Rank
FCSB.NEO
FGRO.NEO
FCSB.NEO vs. FGRO.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Canadian Short Term Corporate Bond ETF (FCSB.NEO) and Fidelity All-in-One Growth ETF (FGRO.NEO). 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.
| FCSB.NEO | FGRO.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 1.41 | -0.33 |
Sortino ratioReturn per unit of downside risk | 1.59 | 1.90 | -0.31 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.72 | +0.10 |
Martin ratioReturn relative to average drawdown | 7.05 | 7.02 | +0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FCSB.NEO | FGRO.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 1.41 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 1.30 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 1.28 | -0.66 |
Correlation
The correlation between FCSB.NEO and FGRO.NEO is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FCSB.NEO vs. FGRO.NEO - Dividend Comparison
FCSB.NEO's dividend yield for the trailing twelve months is around 3.80%, more than FGRO.NEO's 1.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FCSB.NEO Fidelity Canadian Short Term Corporate Bond ETF | 3.80% | 3.73% | 3.59% | 3.06% | 2.09% | 1.58% | 2.34% | 0.38% |
FGRO.NEO Fidelity All-in-One Growth ETF | 1.22% | 1.24% | 1.09% | 1.39% | 4.58% | 0.94% | 0.00% | 0.00% |
Drawdowns
FCSB.NEO vs. FGRO.NEO - Drawdown Comparison
The maximum FCSB.NEO drawdown since its inception was -12.48%, smaller than the maximum FGRO.NEO drawdown of -15.23%. Use the drawdown chart below to compare losses from any high point for FCSB.NEO and FGRO.NEO.
Loading graphics...
Drawdown Indicators
| FCSB.NEO | FGRO.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.48% | -15.23% | +2.75% |
Max Drawdown (1Y)Largest decline over 1 year | -1.58% | -9.71% | +8.13% |
Max Drawdown (5Y)Largest decline over 5 years | -7.44% | -15.23% | +7.79% |
Current DrawdownCurrent decline from peak | -1.11% | -3.91% | +2.80% |
Average DrawdownAverage peak-to-trough decline | -1.53% | -2.58% | +1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 2.38% | -1.97% |
Volatility
FCSB.NEO vs. FGRO.NEO - Volatility Comparison
The current volatility for Fidelity Canadian Short Term Corporate Bond ETF (FCSB.NEO) is 1.24%, while Fidelity All-in-One Growth ETF (FGRO.NEO) has a volatility of 4.87%. This indicates that FCSB.NEO experiences smaller price fluctuations and is considered to be less risky than FGRO.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FCSB.NEO | FGRO.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 4.87% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 2.05% | 7.78% | -5.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.81% | 11.82% | -9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.29% | 10.49% | -7.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 10.46% | -5.46% |