GWO.TO vs. FINN.NEO
GWO.TO (Great-West Lifeco Inc.) is a stock, while FINN.NEO (Fidelity Global Innovators ETF) is Global Equities fund actively managed by Fidelity. Over the past 3 years, GWO.TO returned 38.21%/yr vs 42.65%/yr for FINN.NEO. At a 0.08 correlation, their price movements are largely independent.
Performance
GWO.TO vs. FINN.NEO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with GWO.TO having a 39.01% return and FINN.NEO slightly lower at 37.97%.
GWO.TO
- 1D
- 0.66%
- 1M
- 4.72%
- 6M
- 45.05%
- YTD
- 39.01%
- 1Y
- 84.54%
- 3Y*
- 38.21%
- 5Y*
- 26.07%
- 10Y*
- 16.14%
- ALL TIME*
- 11.04%
FINN.NEO
- 1D
- 1.62%
- 1M
- -4.98%
- 6M
- 31.95%
- YTD
- 37.97%
- 1Y
- 51.97%
- 3Y*
- 42.65%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 44.35%
GWO.TO vs. FINN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GWO.TO Great-West Lifeco Inc. | 39.01% | 48.38% | 14.28% | 17.19% |
FINN.NEO Fidelity Global Innovators ETF | 37.97% | 20.61% | 58.65% | 21.40% |
Correlation
The correlation between GWO.TO and FINN.NEO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.08 |
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Return for Risk
GWO.TO vs. FINN.NEO — Risk / Return Rank
GWO.TO
FINN.NEO
GWO.TO vs. FINN.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifeco Inc. (GWO.TO) and Fidelity Global Innovators ETF (FINN.NEO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GWO.TO | FINN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.99 | ||
| Sortino ratioReturn per unit of downside risk | +3.46 | ||
| Omega ratioGain probability vs. loss probability | 1.89 | 1.37 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 6.89 | 4.37 | +2.51 |
| Martin ratioReturn relative to average drawdown | 26.23 | 13.50 | +12.73 |
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Drawdowns
GWO.TO vs. FINN.NEO - Drawdown Comparison
The maximum GWO.TO drawdown since its inception was -67.52%, which is greater than FINN.NEO's maximum drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for GWO.TO and FINN.NEO.
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Drawdown Indicators
| GWO.TO | FINN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.52% | -25.66% | -41.86% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -11.94% | -0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -12.82% | -25.66% | +12.84% |
Max Drawdown (5Y)Largest decline over 5 years | -27.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.96% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -4.98% | +4.21% |
Average DrawdownAverage peak-to-trough decline | -11.29% | -3.98% | -7.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 3.86% | -0.63% |
Volatility
GWO.TO vs. FINN.NEO - Volatility Comparison
The current volatility for Great-West Lifeco Inc. (GWO.TO) is 4.67%, while Fidelity Global Innovators ETF (FINN.NEO) has a volatility of 6.05%. This indicates that GWO.TO experiences smaller price fluctuations and is considered to be less risky than FINN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GWO.TO | FINN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 6.05% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 20.15% | -7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.66% | 24.78% | -8.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.83% | 22.38% | -5.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 22.38% | -1.66% |
Dividends
GWO.TO vs. FINN.NEO - Dividend Comparison
GWO.TO's dividend yield for the trailing twelve months is around 2.77%, while FINN.NEO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
GWO.TO Great-West Lifeco Inc. | 2.77% | 3.60% | 4.66% | 4.74% | 6.26% | 4.75% | 5.77% | 4.97% | 5.52% | 4.18% | 3.94% | 3.78% |
Frequently Asked Questions
GWO.TO and FINN.NEO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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