FSZ.TO vs. FIE.TO
Compare and contrast key facts about Fiera Capital Corporation (FSZ.TO) and iShares Canadian Financial Monthly Income ETF (FIE.TO).
FIE.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can Equity Tgt Alloc NR CAD. It was launched on Apr 16, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSZ.TO or FIE.TO.
Key characteristics
| FSZ.TO | FIE.TO | |
|---|---|---|
| YTD Return | 78.32% | 25.15% |
| 1Y Return | 113.81% | 38.54% |
| 3Y Return (Ann) | 6.35% | 5.64% |
| 5Y Return (Ann) | 7.55% | 9.33% |
| 10Y Return (Ann) | 5.18% | 7.84% |
| Sharpe Ratio | 3.25 | 4.84 |
| Sortino Ratio | 3.56 | 6.87 |
| Omega Ratio | 1.53 | 2.00 |
| Calmar Ratio | 2.15 | 2.23 |
| Martin Ratio | 12.41 | 31.87 |
| Ulcer Index | 9.43% | 1.20% |
| Daily Std Dev | 36.04% | 7.92% |
| Max Drawdown | -87.32% | -42.24% |
| Current Drawdown | -8.26% | -0.12% |
Correlation
The correlation between FSZ.TO and FIE.TO is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSZ.TO vs. FIE.TO - Performance Comparison
In the year-to-date period, FSZ.TO achieves a 78.32% return, which is significantly higher than FIE.TO's 25.15% return. Over the past 10 years, FSZ.TO has underperformed FIE.TO with an annualized return of 5.18%, while FIE.TO has yielded a comparatively higher 7.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FSZ.TO vs. FIE.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fiera Capital Corporation (FSZ.TO) and iShares Canadian Financial Monthly Income ETF (FIE.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.
Dividends
FSZ.TO vs. FIE.TO - Dividend Comparison
FSZ.TO's dividend yield for the trailing twelve months is around 8.60%, more than FIE.TO's 5.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSZ.TO Fiera Capital Corporation | 8.60% | 14.12% | 9.91% | 8.06% | 7.87% | 7.17% | 6.91% | 5.38% | 4.85% | 4.76% | 3.62% | 2.68% |
FIE.TO iShares Canadian Financial Monthly Income ETF | 5.89% | 6.98% | 7.31% | 5.85% | 7.01% | 6.56% | 7.29% | 6.20% | 6.51% | 7.33% | 6.49% | 6.66% |
Drawdowns
FSZ.TO vs. FIE.TO - Drawdown Comparison
The maximum FSZ.TO drawdown since its inception was -87.32%, which is greater than FIE.TO's maximum drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for FSZ.TO and FIE.TO. For additional features, visit the drawdowns tool.
Volatility
FSZ.TO vs. FIE.TO - Volatility Comparison
Fiera Capital Corporation (FSZ.TO) has a higher volatility of 18.25% compared to iShares Canadian Financial Monthly Income ETF (FIE.TO) at 2.56%. This indicates that FSZ.TO's price experiences larger fluctuations and is considered to be riskier than FIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.