FINN.NEO vs. DXUV
FINN.NEO (Fidelity Global Innovators ETF) and DXUV (Dimensional US Vector Equity ETF) are both exchange-traded funds - FINN.NEO is a Technology Equities fund actively managed by Fidelity, while DXUV is a Mid Cap Value Equities fund actively managed by Dimensional. Both are actively managed. Over the past year, FINN.NEO returned 74.64% vs 28.99% for DXUV. A 0.65 correlation means they provide meaningful diversification when combined. FINN.NEO charges 1.13%/yr vs 0.25%/yr for DXUV.
Performance
FINN.NEO vs. DXUV - Performance Comparison
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Different Trading Currencies
FINN.NEO is traded in CAD, while DXUV is traded in USD. To make them comparable, the DXUV values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FINN.NEO achieves a 42.01% return, which is significantly higher than DXUV's 12.33% return.
FINN.NEO
- 1D
- -0.75%
- 1M
- 13.10%
- YTD
- 42.01%
- 6M
- 41.28%
- 1Y
- 74.64%
- 3Y*
- 46.00%
- 5Y*
- —
- 10Y*
- —
DXUV
- 1D
- -0.25%
- 1M
- 5.73%
- YTD
- 12.33%
- 6M
- 11.03%
- 1Y
- 28.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FINN.NEO vs. DXUV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FINN.NEO Fidelity Global Innovators ETF | 42.01% | 20.61% | 18.01% |
DXUV Dimensional US Vector Equity ETF | 12.33% | 9.09% | 11.19% |
Correlation
The correlation between FINN.NEO and DXUV is 0.57, 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 | 0.57 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2024 | 0.65 |
The correlation between FINN.NEO and DXUV has been stable across timeframes, ranging from 0.57 to 0.65 - a consistent structural relationship.
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Return for Risk
FINN.NEO vs. DXUV — Risk / Return Rank
FINN.NEO
DXUV
FINN.NEO vs. DXUV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Innovators ETF (FINN.NEO) and Dimensional US Vector Equity ETF (DXUV). 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.
| FINN.NEO | DXUV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.42 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 6.28 | 4.07 | +2.22 |
| Martin ratioReturn relative to average drawdown | 20.93 | 15.74 | +5.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FINN.NEO | DXUV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.36 | 2.32 | +1.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.12 | 1.16 | +0.96 |
Drawdowns
FINN.NEO vs. DXUV - Drawdown Comparison
The maximum FINN.NEO drawdown since its inception was -25.66%, which is greater than DXUV's maximum drawdown of -20.95%. Use the drawdown chart below to compare losses from any high point for FINN.NEO and DXUV.
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Drawdown Indicators
| FINN.NEO | DXUV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.66% | -20.95% | -4.71% |
Max Drawdown (1Y)Largest decline over 1 year | -11.94% | -7.16% | -4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -25.66% | — | — |
Current DrawdownCurrent decline from peak | -0.75% | -0.25% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -3.40% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 1.85% | +1.73% |
Volatility
FINN.NEO vs. DXUV - Volatility Comparison
Fidelity Global Innovators ETF (FINN.NEO) has a higher volatility of 7.79% compared to Dimensional US Vector Equity ETF (DXUV) at 2.92%. This indicates that FINN.NEO's price experiences larger fluctuations and is considered to be riskier than DXUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FINN.NEO | DXUV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 2.92% | +4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 9.10% | +8.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 12.59% | +9.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.28% | 17.13% | +5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.28% | 17.13% | +5.15% |
FINN.NEO vs. DXUV - Expense Ratio Comparison
FINN.NEO has a 1.13% expense ratio, which is higher than DXUV's 0.25% expense ratio.
Dividends
FINN.NEO vs. DXUV - Dividend Comparison
FINN.NEO has not paid dividends to shareholders, while DXUV's dividend yield for the trailing twelve months is around 0.96%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
DXUV Dimensional US Vector Equity ETF | 0.96% | 1.01% | 0.37% |
FINN.NEO Fidelity Global Innovators ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FINN.NEO and DXUV have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DXUV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DXUV is cheaper with a 0.25% expense ratio, compared with 1.13% for FINN.NEO.
FINN.NEO is categorized as Technology Equities, while DXUV is Mid Cap Value Equities. They also come from different issuers: Fidelity and Dimensional. Their fees differ too: 1.13% for FINN.NEO and 0.25% for DXUV.
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