FDIF vs. VEQT.TO

Last updated Jun 14, 2026

FDIF (Fidelity Disruptors ETF) and VEQT.TO (Vanguard All-Equity ETF Portfolio) are both exchange-traded funds - FDIF is a Large Cap Growth Equities fund actively managed by Fidelity, while VEQT.TO is a Global Equities fund actively managed by Vanguard. Both are actively managed. Over the past year, FDIF returned 19.90% vs 28.23% for VEQT.TO. A 0.75 correlation means they provide meaningful diversification when combined. FDIF charges 0.50%/yr vs 0.24%/yr for VEQT.TO.

Performance

FDIF vs. VEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptors ETF (FDIF) and Vanguard All-Equity ETF Portfolio (VEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FDIF is traded in USD, while VEQT.TO is traded in CAD. To make them comparable, the VEQT.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FDIF achieves a 7.70% return, which is significantly lower than VEQT.TO's 10.24% return.

FDIF

• 1D: 0.44%
• 1M: 2.94%
• YTD: 7.70%
• 6M: 7.82%
• 1Y: 19.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEQT.TO

• 1D: 0.50%
• 1M: 1.64%
• YTD: 10.24%
• 6M: 11.35%
• 1Y: 28.23%
• 3Y*: 20.18%
• 5Y*: 10.55%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDIF vs. VEQT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDIF Fidelity Disruptors ETF	7.70%	13.83%	19.74%	5.83%
VEQT.TO Vanguard All-Equity ETF Portfolio	10.24%	26.13%	15.22%	6.90%

Correlation

The correlation between FDIF and VEQT.TO is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023	0.75

The correlation between FDIF and VEQT.TO has been stable across timeframes, ranging from 0.73 to 0.75 - a consistent structural relationship.

FDIF vs. VEQT.TO - Sectors Allocation Comparison

Sectors	FDIF	VEQT.TO
Technology	40.4%	20.3%
Healthcare	16.9%	6.6%
Communication Services	13.5%	6.0%
Industrials	12.1%	11.6%
Financial Services	11.6%	20.7%
Consumer Cyclical	5.3%	7.8%
Real Estate	0.1%	2.2%
Basic Materials	-	8.6%
Consumer Defensive	-	4.5%
Energy	-	8.7%
Utilities	-	2.8%

Return for Risk

FDIF vs. VEQT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDIF

FDIF Risk / Return Rank: 31
FDIF Sharpe Ratio Rank: 31
FDIF Sortino Ratio Rank: 30
FDIF Omega Ratio Rank: 30
FDIF Calmar Ratio Rank: 28
FDIF Martin Ratio Rank: 34

VEQT.TO

VEQT.TO Risk / Return Rank: 86
VEQT.TO Sharpe Ratio Rank: 88
VEQT.TO Sortino Ratio Rank: 87
VEQT.TO Omega Ratio Rank: 86
VEQT.TO Calmar Ratio Rank: 82
VEQT.TO Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDIF vs. VEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and Vanguard All-Equity ETF Portfolio (VEQT.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.

	FDIF	VEQT.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.00	2.11	-1.11
Sortino ratio: Return per unit of downside risk	1.45	2.88	-1.44
Omega ratio: Gain probability vs. loss probability	1.18	1.39	-0.20
Calmar ratio: Return relative to maximum drawdown	1.21	3.07	-1.86
Martin ratio: Return relative to average drawdown	4.53	13.27	-8.74

FDIF vs. VEQT.TO - Sharpe Ratio Comparison

The current FDIF Sharpe Ratio is 1.00, which is lower than the VEQT.TO Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of FDIF and VEQT.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDIF vs. VEQT.TO - Drawdown Comparison

The maximum FDIF drawdown since its inception was -22.63%, smaller than the maximum VEQT.TO drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for FDIF and VEQT.TO.

Drawdown Indicators

	FDIF	VEQT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-22.63%	-36.24%	+13.61%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-8.98%	-5.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.37%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.41%	—
Current Drawdown Current decline from peak	-3.08%	-1.73%	-1.35%
Average Drawdown Average peak-to-trough decline	-3.83%	-5.33%	+1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	2.07%	+1.89%

Volatility

FDIF vs. VEQT.TO - Volatility Comparison

Fidelity Disruptors ETF (FDIF) has a higher volatility of 7.05% compared to Vanguard All-Equity ETF Portfolio (VEQT.TO) at 5.01%. This indicates that FDIF's price experiences larger fluctuations and is considered to be riskier than VEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIF	VEQT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	5.01%	+2.04%
Volatility (6M) Calculated over the trailing 6-month period	14.53%	10.51%	+4.02%
Volatility (1Y) Calculated over the trailing 1-year period	17.92%	13.08%	+4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.80%	14.43%	+4.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	16.98%	+1.82%

FDIF vs. VEQT.TO - Expense Ratio Comparison

FDIF has a 0.50% expense ratio, which is higher than VEQT.TO's 0.24% expense ratio.

Dividends

FDIF vs. VEQT.TO - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.30%, less than VEQT.TO's 1.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FDIF Fidelity Disruptors ETF	0.30%	0.36%	0.35%	0.21%	0.00%	0.00%	0.00%	0.00%
VEQT.TO Vanguard All-Equity ETF Portfolio	1.26%	1.42%	1.58%	1.88%	2.09%	1.40%	1.48%	1.43%

Frequently Asked Questions

Can I hold both FDIF and VEQT.TO in my portfolio?

FDIF and VEQT.TO have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDIF or VEQT.TO?

On fees, VEQT.TO is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDIF or VEQT.TO?

VEQT.TO is cheaper with a 0.24% expense ratio, compared with 0.50% for FDIF.

What is the main difference between FDIF and VEQT.TO?

FDIF is categorized as Large Cap Growth Equities, while VEQT.TO is Global Equities. They also come from different issuers: Fidelity and Vanguard. Their fees differ too: 0.50% for FDIF and 0.24% for VEQT.TO.