FCUD.TO vs. CWIN.TO
FCUD.TO (Fidelity U.S. High Dividend ETF) and CWIN.TO (HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units) are both Dividend funds. FCUD.TO is actively managed, while CWIN.TO is passively managed. Over the past year, FCUD.TO returned 5.31% vs 40.37% for CWIN.TO. At a 0.37 correlation, their price movements are largely independent. FCUD.TO charges 0.35%/yr vs 0.65%/yr for CWIN.TO.
Performance
FCUD.TO vs. CWIN.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCUD.TO achieves a 14.75% return, which is significantly lower than CWIN.TO's 21.69% return.
FCUD.TO
- 1D
- 0.07%
- 1M
- 0.46%
- 6M
- 10.36%
- YTD
- 14.75%
- 1Y
- 5.31%
- 3Y*
- 11.70%
- 5Y*
- 9.99%
- 10Y*
- —
CWIN.TO
- 1D
- 0.04%
- 1M
- 2.88%
- 6M
- 17.48%
- YTD
- 21.69%
- 1Y
- 40.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FCUD.TO vs. CWIN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FCUD.TO Fidelity U.S. High Dividend ETF | 14.75% | -8.22% |
CWIN.TO HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units | 21.69% | 24.29% |
Correlation
The correlation between FCUD.TO and CWIN.TO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2025 | 0.37 |
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
FCUD.TO vs. CWIN.TO — Risk / Return Rank
FCUD.TO
CWIN.TO
FCUD.TO vs. CWIN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. High Dividend ETF (FCUD.TO) and HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units (CWIN.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.
| FCUD.TO | CWIN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.74 | ||
| Sortino ratioReturn per unit of downside risk | -3.62 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.60 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 5.53 | -5.16 |
| Martin ratioReturn relative to average drawdown | 0.87 | 20.47 | -19.60 |
Loading charts...
Drawdowns
FCUD.TO vs. CWIN.TO - Drawdown Comparison
The maximum FCUD.TO drawdown since its inception was -38.79%, which is greater than CWIN.TO's maximum drawdown of -10.87%. Use the drawdown chart below to compare losses from any high point for FCUD.TO and CWIN.TO.
Loading charts...
Drawdown Indicators
| FCUD.TO | CWIN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -10.87% | -27.92% |
Max Drawdown (1Y)Largest decline over 1 year | -14.19% | -7.15% | -7.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.13% | — | — |
Current DrawdownCurrent decline from peak | -1.54% | -0.09% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -1.35% | -3.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.12% | 1.93% | +4.19% |
Volatility
FCUD.TO vs. CWIN.TO - Volatility Comparison
The current volatility for Fidelity U.S. High Dividend ETF (FCUD.TO) is 1.82%, while HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units (CWIN.TO) has a volatility of 2.77%. This indicates that FCUD.TO experiences smaller price fluctuations and is considered to be less risky than CWIN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCUD.TO | CWIN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 2.77% | -0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 6.34% | 9.81% | -3.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.38% | 12.49% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.11% | 13.75% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.82% | 13.75% | +4.07% |
FCUD.TO vs. CWIN.TO - Expense Ratio Comparison
FCUD.TO has a 0.35% expense ratio, which is lower than CWIN.TO's 0.65% expense ratio.
Dividends
FCUD.TO vs. CWIN.TO - Dividend Comparison
FCUD.TO's dividend yield for the trailing twelve months is around 2.46%, less than CWIN.TO's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CWIN.TO HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF Class E Units | 3.08% | 3.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FCUD.TO Fidelity U.S. High Dividend ETF | 2.46% | 3.13% | 2.15% | 2.45% | 2.72% | 2.16% | 4.10% | 2.90% | 1.01% |
Frequently Asked Questions
FCUD.TO and CWIN.TO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FCUD.TO is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FCUD.TO is cheaper with a 0.35% expense ratio, compared with 0.65% for CWIN.TO.
They also come from different issuers: Fidelity and Hamilton. Their fees differ too: 0.35% for FCUD.TO and 0.65% for CWIN.TO.
Find the right allocation for FCUD.TO and CWIN.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