FFIX.NEO vs. FCCQ.TO

Last updated Jun 4, 2026

FFIX.NEO (Fidelity All-in-One Fixed Income ETF) and FCCQ.TO (Fidelity Canadian High Quality ETF) are both exchange-traded funds - FFIX.NEO is a Global Bonds fund actively managed by Fidelity, while FCCQ.TO is a Canada Equities fund tracking the Fidelity Canada Canadian High Quality Index. FFIX.NEO is actively managed, while FCCQ.TO is passively managed. Over the past year, FFIX.NEO returned 3.74% vs 31.20% for FCCQ.TO. At a 0.27 correlation, their price movements are largely independent. FFIX.NEO charges 0.33%/yr vs 0.35%/yr for FCCQ.TO.

Performance

FFIX.NEO vs. FCCQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity All-in-One Fixed Income ETF (FFIX.NEO) and Fidelity Canadian High Quality ETF (FCCQ.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFIX.NEO achieves a 1.46% return, which is significantly lower than FCCQ.TO's 6.62% return.

FFIX.NEO

• 1D: -0.05%
• 1M: 0.72%
• YTD: 1.46%
• 6M: 0.73%
• 1Y: 3.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FCCQ.TO

• 1D: -0.77%
• 1M: 1.71%
• YTD: 6.62%
• 6M: 7.88%
• 1Y: 31.20%
• 3Y*: 22.31%
• 5Y*: 13.37%
• 10Y*: —

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

FFIX.NEO vs. FCCQ.TO - Yearly Performance Comparison

	2026 (YTD)	2025
FFIX.NEO Fidelity All-in-One Fixed Income ETF	1.46%	2.24%
FCCQ.TO Fidelity Canadian High Quality ETF	6.62%	23.05%

Correlation

The correlation between FFIX.NEO and FCCQ.TO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.27

Return for Risk

FFIX.NEO vs. FCCQ.TO — Risk / Return Rank

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

FCCQ.TO

FCCQ.TO Risk / Return Rank: 62
FCCQ.TO Sharpe Ratio Rank: 64
FCCQ.TO Sortino Ratio Rank: 58
FCCQ.TO Omega Ratio Rank: 65
FCCQ.TO Calmar Ratio Rank: 56
FCCQ.TO Martin Ratio Rank: 65

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.

FFIX.NEO vs. FCCQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity All-in-One Fixed Income ETF (FFIX.NEO) and Fidelity Canadian High Quality ETF (FCCQ.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FFIX.NEO	FCCQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.17	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.80	+0.09

Drawdowns

FFIX.NEO vs. FCCQ.TO - Drawdown Comparison

The maximum FFIX.NEO drawdown since its inception was -2.57%, smaller than the maximum FCCQ.TO drawdown of -35.31%. Use the drawdown chart below to compare losses from any high point for FFIX.NEO and FCCQ.TO.

Drawdown Indicators

	FFIX.NEO	FCCQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-2.57%	-35.31%	+32.74%
Max Drawdown (1Y) Largest decline over 1 year	-2.57%	-11.29%	+8.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.97%	—
Current Drawdown Current decline from peak	-0.33%	-2.68%	+2.35%
Average Drawdown Average peak-to-trough decline	-0.71%	-3.99%	+3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.64%	—

Volatility

Volatility by Period

	FFIX.NEO	FCCQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.19%	14.47%	-10.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.19%	13.72%	-9.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.19%	16.05%	-11.86%

FFIX.NEO vs. FCCQ.TO - Expense Ratio Comparison

FFIX.NEO has a 0.33% expense ratio, which is lower than FCCQ.TO's 0.35% expense ratio.

Dividends

FFIX.NEO vs. FCCQ.TO - Dividend Comparison

FFIX.NEO's dividend yield for the trailing twelve months is around 3.89%, more than FCCQ.TO's 1.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FCCQ.TO Fidelity Canadian High Quality ETF	1.47%	1.45%	1.83%	2.40%	2.31%	1.90%	2.10%	2.30%
FFIX.NEO Fidelity All-in-One Fixed Income ETF	3.89%	2.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FFIX.NEO and FCCQ.TO in my portfolio?

FFIX.NEO and FCCQ.TO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FFIX.NEO or FCCQ.TO?

On fees, FFIX.NEO is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FFIX.NEO or FCCQ.TO?

FFIX.NEO is cheaper with a 0.33% expense ratio, compared with 0.35% for FCCQ.TO.

What is the main difference between FFIX.NEO and FCCQ.TO?

FFIX.NEO is categorized as Global Bonds, while FCCQ.TO is Canada Equities. Their fees differ too: 0.33% for FFIX.NEO and 0.35% for FCCQ.TO.