HXH.TO vs. FCCM.NEO
Compare and contrast key facts about Global X Canadian High Dividend Index Corporate Class ETF (HXH.TO) and Fidelity Canadian Momentum Index ETF (FCCM.NEO).
HXH.TO and FCCM.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HXH.TO is a passively managed fund by Global X that tracks the performance of the Solactive Canadian High Dividend Yield Index. It was launched on Apr 8, 2016. FCCM.NEO is a passively managed fund by Fidelity that tracks the performance of the Fidelity Canada Canadian Momentum Index. It was launched on Jun 5, 2020. Both HXH.TO and FCCM.NEO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HXH.TO vs. FCCM.NEO - Performance Comparison
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HXH.TO vs. FCCM.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HXH.TO Global X Canadian High Dividend Index Corporate Class ETF | 11.87% | 25.86% | 15.24% | 6.33% | 5.00% | 34.51% | 4.93% |
FCCM.NEO Fidelity Canadian Momentum Index ETF | 4.13% | 43.17% | 27.03% | 10.10% | -3.42% | 14.23% | -64.10% |
Returns By Period
In the year-to-date period, HXH.TO achieves a 11.87% return, which is significantly higher than FCCM.NEO's 4.13% return.
HXH.TO
- 1D
- -0.04%
- 1M
- 1.19%
- YTD
- 11.87%
- 6M
- 17.08%
- 1Y
- 35.91%
- 3Y*
- 19.22%
- 5Y*
- 16.30%
- 10Y*
- —
FCCM.NEO
- 1D
- 3.30%
- 1M
- -7.13%
- YTD
- 4.13%
- 6M
- 14.81%
- 1Y
- 43.62%
- 3Y*
- 28.20%
- 5Y*
- 18.14%
- 10Y*
- —
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HXH.TO vs. FCCM.NEO - Expense Ratio Comparison
HXH.TO has a 0.11% expense ratio, which is lower than FCCM.NEO's 0.38% expense ratio.
Return for Risk
HXH.TO vs. FCCM.NEO — Risk / Return Rank
HXH.TO
FCCM.NEO
HXH.TO vs. FCCM.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Canadian High Dividend Index Corporate Class ETF (HXH.TO) and Fidelity Canadian Momentum Index ETF (FCCM.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.
| HXH.TO | FCCM.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.52 | 2.59 | +0.92 |
Sortino ratioReturn per unit of downside risk | 4.34 | 3.30 | +1.04 |
Omega ratioGain probability vs. loss probability | 1.79 | 1.51 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 3.43 | 3.65 | -0.22 |
Martin ratioReturn relative to average drawdown | 19.35 | 15.49 | +3.85 |
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
| HXH.TO | FCCM.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.52 | 2.59 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.35 | 1.37 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | -0.11 | +0.82 |
Correlation
The correlation between HXH.TO and FCCM.NEO is 0.32, 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
HXH.TO vs. FCCM.NEO - Dividend Comparison
HXH.TO has not paid dividends to shareholders, while FCCM.NEO's dividend yield for the trailing twelve months is around 0.88%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HXH.TO Global X Canadian High Dividend Index Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FCCM.NEO Fidelity Canadian Momentum Index ETF | 0.88% | 0.91% | 0.91% | 1.32% | 1.79% | 1.49% | 0.78% |
Drawdowns
HXH.TO vs. FCCM.NEO - Drawdown Comparison
The maximum HXH.TO drawdown since its inception was -40.80%, smaller than the maximum FCCM.NEO drawdown of -67.22%. Use the drawdown chart below to compare losses from any high point for HXH.TO and FCCM.NEO.
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Drawdown Indicators
| HXH.TO | FCCM.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.80% | -67.22% | +26.42% |
Max Drawdown (1Y)Largest decline over 1 year | -10.39% | -12.36% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -15.88% | -16.59% | +0.71% |
Current DrawdownCurrent decline from peak | -0.31% | -17.77% | +17.46% |
Average DrawdownAverage peak-to-trough decline | -4.94% | -53.22% | +48.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 2.91% | -1.07% |
Volatility
HXH.TO vs. FCCM.NEO - Volatility Comparison
The current volatility for Global X Canadian High Dividend Index Corporate Class ETF (HXH.TO) is 2.87%, while Fidelity Canadian Momentum Index ETF (FCCM.NEO) has a volatility of 7.47%. This indicates that HXH.TO experiences smaller price fluctuations and is considered to be less risky than FCCM.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HXH.TO | FCCM.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 7.47% | -4.60% |
Volatility (6M)Calculated over the trailing 6-month period | 6.29% | 12.81% | -6.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.26% | 16.92% | -6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.17% | 13.34% | -1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 30.53% | -14.46% |