HAF.TO vs. FCID.TO

Last updated Jul 16, 2026

HAF.TO (Global X Active Global Fixed Income ETF) and FCID.TO (Fidelity International High Dividend ETF) are both exchange-traded funds - HAF.TO is a Global Bonds fund actively managed by Global X, while FCID.TO is a Dividend fund tracking the Fidelity Canada International High Dividend Index. HAF.TO is actively managed, while FCID.TO is passively managed. Over the past 5 years, HAF.TO returned 2.51%/yr vs 14.25%/yr for FCID.TO. At a 0.09 correlation, their price movements are largely independent. HAF.TO charges 0.59%/yr vs 0.45%/yr for FCID.TO.

Performance

HAF.TO vs. FCID.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Active Global Fixed Income ETF (HAF.TO) and Fidelity International High Dividend ETF (FCID.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAF.TO achieves a 2.24% return, which is significantly lower than FCID.TO's 14.03% return.

HAF.TO

• 1D: 0.14%
• 1M: -0.59%
• 6M: 1.50%
• YTD: 2.24%
• 1Y: 3.45%
• 3Y*: 4.90%
• 5Y*: 2.51%
• 10Y*: 2.85%

FCID.TO

• 1D: 0.63%
• 1M: 1.89%
• 6M: 9.70%
• YTD: 14.03%
• 1Y: 28.93%
• 3Y*: 19.91%
• 5Y*: 14.25%
• 10Y*: —

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

HAF.TO vs. FCID.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HAF.TO Global X Active Global Fixed Income ETF	2.24%	2.56%	3.65%	10.92%	-6.00%	1.88%	2.75%	3.00%	-1.04%
FCID.TO Fidelity International High Dividend ETF	14.03%	29.43%	8.48%	15.21%	4.07%	14.74%	-12.90%	5.84%	-2.83%

Correlation

The correlation between HAF.TO and FCID.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Sep 18, 2018	0.09

Return for Risk

HAF.TO vs. FCID.TO — Risk / Return Rank

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

HAF.TO

HAF.TO Risk / Return Rank: 19
HAF.TO Sharpe Ratio Rank: 19
HAF.TO Sortino Ratio Rank: 17
HAF.TO Omega Ratio Rank: 17
HAF.TO Calmar Ratio Rank: 23
HAF.TO Martin Ratio Rank: 21

FCID.TO

FCID.TO Risk / Return Rank: 83
FCID.TO Sharpe Ratio Rank: 87
FCID.TO Sortino Ratio Rank: 85
FCID.TO Omega Ratio Rank: 84
FCID.TO Calmar Ratio Rank: 79
FCID.TO Martin Ratio Rank: 82

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.

HAF.TO vs. FCID.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Active Global Fixed Income ETF (HAF.TO) and Fidelity International High Dividend ETF (FCID.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.

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.

	HAF.TO	FCID.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.51	2.24	-1.72
Sortino ratio: Return per unit of downside risk	0.77	3.05	-2.28
Omega ratio: Gain probability vs. loss probability	1.09	1.40	-0.31
Calmar ratio: Return relative to maximum drawdown	0.90	3.31	-2.42
Martin ratio: Return relative to average drawdown	2.00	12.78	-10.78

HAF.TO vs. FCID.TO - Sharpe Ratio Comparison

The current HAF.TO Sharpe Ratio is 0.51, which is lower than the FCID.TO Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of HAF.TO and FCID.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HAF.TO vs. FCID.TO - Drawdown Comparison

The maximum HAF.TO drawdown since its inception was -30.65%, smaller than the maximum FCID.TO drawdown of -34.49%. Use the drawdown chart below to compare losses from any high point for HAF.TO and FCID.TO.

Drawdown Indicators

	HAF.TO	FCID.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.65%	-34.49%	+3.84%
Max Drawdown (1Y) Largest decline over 1 year	-3.87%	-8.78%	+4.91%
Max Drawdown (3Y) Largest decline over 3 years	-3.94%	-15.86%	+11.92%
Max Drawdown (5Y) Largest decline over 5 years	-12.03%	-19.68%	+7.65%
Max Drawdown (10Y) Largest decline over 10 years	-28.04%	—	—
Current Drawdown Current decline from peak	-1.16%	0.00%	-1.16%
Average Drawdown Average peak-to-trough decline	-10.01%	-5.66%	-4.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	2.27%	-0.54%

Volatility

HAF.TO vs. FCID.TO - Volatility Comparison

The current volatility for Global X Active Global Fixed Income ETF (HAF.TO) is 1.56%, while Fidelity International High Dividend ETF (FCID.TO) has a volatility of 2.86%. This indicates that HAF.TO experiences smaller price fluctuations and is considered to be less risky than FCID.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAF.TO	FCID.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.56%	2.86%	-1.30%
Volatility (6M) Calculated over the trailing 6-month period	4.71%	10.85%	-6.14%
Volatility (1Y) Calculated over the trailing 1-year period	6.77%	13.03%	-6.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.26%	13.28%	-6.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.06%	16.73%	-5.67%

HAF.TO vs. FCID.TO - Expense Ratio Comparison

HAF.TO has a 0.59% expense ratio, which is higher than FCID.TO's 0.45% expense ratio.

Dividends

HAF.TO vs. FCID.TO - Dividend Comparison

HAF.TO's dividend yield for the trailing twelve months is around 5.03%, more than FCID.TO's 3.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCID.TO Fidelity International High Dividend ETF	3.81%	2.89%	3.53%	4.49%	5.08%	3.20%	3.78%	3.82%	0.08%	0.00%	0.00%	0.00%
HAF.TO Global X Active Global Fixed Income ETF	5.03%	5.05%	5.47%	5.34%	4.36%	2.41%	3.08%	3.23%	2.82%	3.11%	3.98%	3.84%

Frequently Asked Questions

Can I hold both HAF.TO and FCID.TO in my portfolio?

HAF.TO and FCID.TO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HAF.TO or FCID.TO?

On fees, FCID.TO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HAF.TO or FCID.TO?

FCID.TO is cheaper with a 0.45% expense ratio, compared with 0.59% for HAF.TO.

What is the main difference between HAF.TO and FCID.TO?

HAF.TO is categorized as Global Bonds, while FCID.TO is Dividend. They also come from different issuers: Global X and Fidelity. Their fees differ too: 0.59% for HAF.TO and 0.45% for FCID.TO.