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IFC.TO vs. FCCM.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IFC.TO vs. FCCM.NEO

Last updated Jun 4, 2026

IFC.TO (Intact Financial Corporation) is a stock, while FCCM.NEO (Fidelity Canadian Momentum Index ETF) is Momentum fund tracking the Fidelity Canada Canadian Momentum Index. Over the past 5 years, IFC.TO returned 11.84%/yr vs 18.77%/yr for FCCM.NEO. At a 0.27 correlation, their price movements are largely independent.

Performance

IFC.TO vs. FCCM.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Intact Financial Corporation (IFC.TO) and Fidelity Canadian Momentum Index ETF (FCCM.NEO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IFC.TO achieves a -4.91% return, which is significantly lower than FCCM.NEO's 9.66% return.

IFC.TO

1D
-0.16%
1M
4.68%
YTD
-4.91%
6M
-0.12%
1Y
-11.11%
3Y*
12.65%
5Y*
11.84%
10Y*
14.15%

FCCM.NEO

1D
-1.02%
1M
1.24%
YTD
9.66%
6M
12.52%
1Y
41.58%
3Y*
29.13%
5Y*
18.77%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IFC.TO vs. FCCM.NEO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
IFC.TO
Intact Financial Corporation		-4.91%11.22%31.00%6.96%21.06%11.37%16.33%
FCCM.NEO
Fidelity Canadian Momentum Index ETF		9.66%43.17%27.03%10.10%-3.42%14.23%9.03%

Correlation

The correlation between IFC.TO and FCCM.NEO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.32

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Jun 15, 2020

0.27

Compare stocks, funds, or ETFs

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

Intact Financial Corporation

Fidelity Canadian Momentum Index ETF

Often compared with IFC.TO:
IFC.TO vs. FFH.TOIFC.TO vs. IAG.TOIFC.TO vs. DFY.TOIFC.TO vs. FMCIFC.TO vs. RYIFC.TO vs. BCEIFC.TO vs. SPY
Often compared with FCCM.NEO:
FCCM.NEO vs. SPMOFCCM.NEO vs. WXM.TOFCCM.NEO vs. VCN.TOFCCM.NEO vs. MGNRFCCM.NEO vs. CMGG.TOFCCM.NEO vs. CMFCCM.NEO vs. VMO.TO

Return for Risk

IFC.TO vs. FCCM.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IFC.TO
IFC.TO Risk / Return Rank: 1919
Overall Rank
IFC.TO Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
IFC.TO Sortino Ratio Rank: 1616
Sortino Ratio Rank
IFC.TO Omega Ratio Rank: 1717
Omega Ratio Rank
IFC.TO Calmar Ratio Rank: 2222
Calmar Ratio Rank
IFC.TO Martin Ratio Rank: 2525
Martin Ratio Rank
FCCM.NEO
FCCM.NEO Risk / Return Rank: 7676
Overall Rank
FCCM.NEO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FCCM.NEO Sortino Ratio Rank: 7676
Sortino Ratio Rank
FCCM.NEO Omega Ratio Rank: 8181
Omega Ratio Rank
FCCM.NEO Calmar Ratio Rank: 6767
Calmar Ratio Rank
FCCM.NEO Martin Ratio Rank: 7676
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.

IFC.TO vs. FCCM.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intact Financial Corporation (IFC.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.

IFC.TOFCCM.NEODifference
Sharpe ratioReturn per unit of total volatility
-0.55
2.69

-3.24

Sortino ratioReturn per unit of downside risk
-0.65
3.48

-4.12

Omega ratioGain probability vs. loss probability

0.92

1.49

-0.57

Calmar ratioReturn relative to maximum drawdown

-0.51

3.38

-3.89

Martin ratioReturn relative to average drawdown

-0.80

14.71

-15.51

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

IFC.TO vs. FCCM.NEO - Sharpe Ratio Comparison

The current IFC.TO Sharpe Ratio is -0.55, which is lower than the FCCM.NEO Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of IFC.TO and FCCM.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IFC.TOFCCM.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.55

2.69

-3.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

1.40

-0.72

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.64

1.32

-0.69

Drawdowns

IFC.TO vs. FCCM.NEO - Drawdown Comparison

The maximum IFC.TO drawdown since its inception was -53.53%, which is greater than FCCM.NEO's maximum drawdown of -16.59%. Use the drawdown chart below to compare losses from any high point for IFC.TO and FCCM.NEO.

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Drawdown Indicators

IFC.TOFCCM.NEODifference

Max Drawdown

Largest peak-to-trough decline

-53.53%

-16.59%

-36.94%

Max Drawdown (1Y)

Largest decline over 1 year

-21.67%

-12.36%

-9.31%

Max Drawdown (3Y)

Largest decline over 3 years

-21.67%

-12.36%

-9.31%

Max Drawdown (5Y)

Largest decline over 5 years

-21.67%

-16.59%

-5.08%

Max Drawdown (10Y)

Largest decline over 10 years

-30.57%

—

—

Current Drawdown

Current decline from peak

-13.37%

-2.48%

-10.89%

Average Drawdown

Average peak-to-trough decline

-8.90%

-2.60%

-6.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.97%

2.84%

+11.13%

Volatility

IFC.TO vs. FCCM.NEO - Volatility Comparison

Intact Financial Corporation (IFC.TO) has a higher volatility of 7.98% compared to Fidelity Canadian Momentum Index ETF (FCCM.NEO) at 5.11%. This indicates that IFC.TO's price experiences larger fluctuations and is considered to be riskier 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

IFC.TOFCCM.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.98%

5.11%

+2.87%

Volatility (6M)

Calculated over the trailing 6-month period

14.76%

12.59%

+2.17%

Volatility (1Y)

Calculated over the trailing 1-year period

20.23%

15.56%

+4.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.40%

13.46%

+3.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.51%

13.41%

+5.10%

Dividends

IFC.TO vs. FCCM.NEO - Dividend Comparison

IFC.TO's dividend yield for the trailing twelve months is around 2.02%, more than FCCM.NEO's 0.83% yield.

PositionTTM20252024202320222021202020192018201720162015
FCCM.NEO
Fidelity Canadian Momentum Index ETF		0.83%0.91%0.91%1.32%1.79%1.49%0.78%0.00%0.00%0.00%0.00%0.00%
IFC.TO
Intact Financial Corporation		2.02%1.86%1.85%2.16%2.05%2.07%2.20%2.16%2.82%2.44%2.41%2.39%

Frequently Asked Questions

IFC.TO and FCCM.NEO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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