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FEQT.NEO vs. XGRO.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FEQT.NEO vs. XGRO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity All-in-One Equity ETF Fund (FEQT.NEO) and iShares Core Growth ETF Portfolio (XGRO.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with FEQT.NEO having a 10.90% return and XGRO.TO slightly lower at 10.70%.


FEQT.NEO

1D
0.54%
1M
4.10%
YTD
10.90%
6M
10.77%
1Y
25.84%
3Y*
5Y*
10Y*

XGRO.TO

1D
0.29%
1M
5.00%
YTD
10.70%
6M
8.71%
1Y
23.83%
3Y*
18.10%
5Y*
10.89%
10Y*
10.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FEQT.NEO vs. XGRO.TO - Yearly Performance Comparison


2026 (YTD)20252024
FEQT.NEO
Fidelity All-in-One Equity ETF Fund
10.90%19.42%14.08%
XGRO.TO
iShares Core Growth ETF Portfolio
10.70%15.59%10.64%

Correlation

The correlation between FEQT.NEO and XGRO.TO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.86

Correlation (All Time)
Calculated using the full available price history since May 14, 2024

0.88

The correlation between FEQT.NEO and XGRO.TO has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

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Return for Risk

FEQT.NEO vs. XGRO.TO — Risk / Return Rank

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

FEQT.NEO
FEQT.NEO Risk / Return Rank: 7272
Overall Rank
FEQT.NEO Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FEQT.NEO Sortino Ratio Rank: 7474
Sortino Ratio Rank
FEQT.NEO Omega Ratio Rank: 7575
Omega Ratio Rank
FEQT.NEO Calmar Ratio Rank: 6464
Calmar Ratio Rank
FEQT.NEO Martin Ratio Rank: 7373
Martin Ratio Rank

XGRO.TO
XGRO.TO Risk / Return Rank: 7171
Overall Rank
XGRO.TO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
XGRO.TO Sortino Ratio Rank: 7070
Sortino Ratio Rank
XGRO.TO Omega Ratio Rank: 7272
Omega Ratio Rank
XGRO.TO Calmar Ratio Rank: 6868
Calmar Ratio Rank
XGRO.TO Martin Ratio Rank: 7878
Martin Ratio Rank
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.

FEQT.NEO vs. XGRO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity All-in-One Equity ETF Fund (FEQT.NEO) and iShares Core Growth ETF Portfolio (XGRO.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.


FEQT.NEOXGRO.TODifference
Sharpe ratioReturn per unit of total volatility

+0.14

Sortino ratioReturn per unit of downside risk

+0.16

Omega ratioGain probability vs. loss probability

1.44

1.42

+0.02

Calmar ratioReturn relative to maximum drawdown

3.12

3.36

-0.24

Martin ratioReturn relative to average drawdown

13.53

14.92

-1.39

FEQT.NEO vs. XGRO.TO - Sharpe Ratio Comparison

The current FEQT.NEO Sharpe Ratio is 2.36, which is comparable to the XGRO.TO Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of FEQT.NEO and XGRO.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.


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Sharpe Ratios by Period


FEQT.NEOXGRO.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.36

2.22

+0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.99

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

Sharpe Ratio (All Time)

Calculated using the full available price history

1.79

0.36

+1.44

Drawdowns

FEQT.NEO vs. XGRO.TO - Drawdown Comparison

The maximum FEQT.NEO drawdown since its inception was -13.24%, smaller than the maximum XGRO.TO drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for FEQT.NEO and XGRO.TO.


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Drawdown Indicators


FEQT.NEOXGRO.TODifference

Max Drawdown

Largest peak-to-trough decline

-13.24%

-47.97%

+34.73%

Max Drawdown (1Y)

Largest decline over 1 year

-8.31%

-7.12%

-1.19%

Max Drawdown (3Y)

Largest decline over 3 years

-12.47%

Max Drawdown (5Y)

Largest decline over 5 years

-18.40%

Max Drawdown (10Y)

Largest decline over 10 years

-25.85%

Current Drawdown

Current decline from peak

-0.48%

0.00%

-0.48%

Average Drawdown

Average peak-to-trough decline

-1.45%

-8.49%

+7.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.91%

1.60%

+0.31%

Volatility

FEQT.NEO vs. XGRO.TO - Volatility Comparison

Fidelity All-in-One Equity ETF Fund (FEQT.NEO) has a higher volatility of 3.90% compared to iShares Core Growth ETF Portfolio (XGRO.TO) at 3.40%. This indicates that FEQT.NEO's price experiences larger fluctuations and is considered to be riskier than XGRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FEQT.NEOXGRO.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.90%

3.40%

+0.50%

Volatility (6M)

Calculated over the trailing 6-month period

8.89%

9.20%

-0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

11.02%

10.78%

+0.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.44%

11.05%

+1.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.44%

12.26%

+0.18%

FEQT.NEO vs. XGRO.TO - Expense Ratio Comparison

FEQT.NEO has a 0.43% expense ratio, which is higher than XGRO.TO's 0.20% expense ratio.


Dividends

FEQT.NEO vs. XGRO.TO - Dividend Comparison

FEQT.NEO's dividend yield for the trailing twelve months is around 0.82%, less than XGRO.TO's 1.75% yield.


PositionTTM20252024202320222021202020192018201720162015
FEQT.NEO
Fidelity All-in-One Equity ETF Fund
0.82%0.91%0.91%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XGRO.TO
iShares Core Growth ETF Portfolio
1.75%1.92%1.98%2.22%1.86%1.66%1.94%2.21%7.42%2.04%2.65%2.15%

Frequently Asked Questions


FEQT.NEO and XGRO.TO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XGRO.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XGRO.TO is cheaper with a 0.20% expense ratio, compared with 0.43% for FEQT.NEO.

They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.43% for FEQT.NEO and 0.20% for XGRO.TO.

Portfolio Optimizer

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