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FINN.NEO vs. VDY.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FINN.NEO vs. VDY.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Global Innovators ETF (FINN.NEO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO).

FINN.NEO and VDY.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FINN.NEO is an actively managed fund by Fidelity. It was launched on May 19, 2023. VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012.

Performance

FINN.NEO vs. VDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity Global Innovators ETF (FINN.NEO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO). The values are adjusted to include any dividend payments, if applicable.

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FINN.NEO vs. VDY.TO - Yearly Performance Comparison

2026 (YTD)202520242023
FINN.NEO
Fidelity Global Innovators ETF		3.53%20.61%58.65%17.86%
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index ETF		8.80%29.20%20.71%8.17%

Returns By Period

In the year-to-date period, FINN.NEO achieves a 3.53% return, which is significantly lower than VDY.TO's 8.80% return.

FINN.NEO

1D
3.31%
1M
-2.79%
YTD
3.53%
6M
1.05%
1Y
37.59%
3Y*
—
5Y*
—
10Y*
—

VDY.TO

1D
-0.25%
1M
-0.80%
YTD
8.80%
6M
15.89%
1Y
38.57%
3Y*
21.90%
5Y*
16.67%
10Y*
13.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Global Innovators ETF

Vanguard FTSE Canadian High Dividend Yield Index ETF

Often compared with FINN.NEO:
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Often compared with VDY.TO:
VDY.TO vs. XEI.TOVDY.TO vs. XDIV.TOVDY.TO vs. VCN.TOVDY.TO vs. SCHDVDY.TO vs. XIC.TOVDY.TO vs. VCE.TOVDY.TO vs. ZDV.TO

FINN.NEO vs. VDY.TO - Expense Ratio Comparison

FINN.NEO has a 1.13% expense ratio, which is higher than VDY.TO's 0.22% expense ratio.

FINN.NEO
Fidelity Global Innovators ETF
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index ETF

Return for Risk

FINN.NEO vs. VDY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FINN.NEO
FINN.NEO Risk / Return Rank: 8080
Overall Rank
FINN.NEO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
FINN.NEO Sortino Ratio Rank: 7979
Sortino Ratio Rank
FINN.NEO Omega Ratio Rank: 7373
Omega Ratio Rank
FINN.NEO Calmar Ratio Rank: 8888
Calmar Ratio Rank
FINN.NEO Martin Ratio Rank: 8080
Martin Ratio Rank
VDY.TO
VDY.TO Risk / Return Rank: 9797
Overall Rank
VDY.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
VDY.TO Sortino Ratio Rank: 9898
Sortino Ratio Rank
VDY.TO Omega Ratio Rank: 9898
Omega Ratio Rank
VDY.TO Calmar Ratio Rank: 9494
Calmar Ratio Rank
VDY.TO Martin Ratio Rank: 9898
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.

FINN.NEO vs. VDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Innovators ETF (FINN.NEO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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.

FINN.NEOVDY.TODifference

Sharpe ratio

Return per unit of total volatility

1.54

3.52

-1.98

Sortino ratio

Return per unit of downside risk

2.11

4.25

-2.14

Omega ratio

Gain probability vs. loss probability

1.28

1.75

-0.47

Calmar ratio

Return relative to maximum drawdown

2.95

3.87

-0.92

Martin ratio

Return relative to average drawdown

9.28

22.14

-12.87

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FINN.NEO vs. VDY.TO - Sharpe Ratio Comparison

The current FINN.NEO Sharpe Ratio is 1.54, which is lower than the VDY.TO Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of FINN.NEO and VDY.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

FINN.NEOVDY.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.54

3.52

-1.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

1.46

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.85

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.58

0.79

+0.79

Correlation

The correlation between FINN.NEO and VDY.TO is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FINN.NEO vs. VDY.TO - Dividend Comparison

FINN.NEO has not paid dividends to shareholders, while VDY.TO's dividend yield for the trailing twelve months is around 3.22%.

TTM20252024202320222021202020192018201720162015
FINN.NEO
Fidelity Global Innovators ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index ETF		3.22%3.59%4.40%4.64%4.42%3.58%4.59%4.25%4.43%3.82%3.25%4.11%

Drawdowns

FINN.NEO vs. VDY.TO - Drawdown Comparison

The maximum FINN.NEO drawdown since its inception was -25.66%, smaller than the maximum VDY.TO drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for FINN.NEO and VDY.TO.

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Drawdown Indicators

FINN.NEOVDY.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.66%

-39.21%

+13.55%

Max Drawdown (1Y)

Largest decline over 1 year

-13.04%

-10.07%

-2.97%

Max Drawdown (5Y)

Largest decline over 5 years

—

-16.18%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.21%

—

Current Drawdown

Current decline from peak

-4.90%

-0.80%

-4.10%

Average Drawdown

Average peak-to-trough decline

-4.21%

-4.67%

+0.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.15%

1.76%

+2.39%

Volatility

FINN.NEO vs. VDY.TO - Volatility Comparison

Fidelity Global Innovators ETF (FINN.NEO) has a higher volatility of 9.76% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 3.19%. This indicates that FINN.NEO's price experiences larger fluctuations and is considered to be riskier than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FINN.NEOVDY.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.76%

3.19%

+6.57%

Volatility (6M)

Calculated over the trailing 6-month period

17.43%

6.44%

+10.99%

Volatility (1Y)

Calculated over the trailing 1-year period

24.53%

11.03%

+13.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.01%

11.49%

+10.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.01%

15.95%

+6.06%