MINT.TO vs. FCIQ.TO
MINT.TO (Manulife Multifactor Developed International Index ETF) and FCIQ.TO (Fidelity International High Quality ETF) are both International Equity funds. Both are actively managed. Over the past 5 years, MINT.TO returned 12.51%/yr vs 6.75%/yr for FCIQ.TO. At a 0.35 correlation, their price movements are largely independent.
Performance
MINT.TO vs. FCIQ.TO - Performance Comparison
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Returns By Period
In the year-to-date period, MINT.TO achieves a 11.34% return, which is significantly lower than FCIQ.TO's 12.55% return.
MINT.TO
- 1D
- -0.31%
- 1M
- 1.05%
- 6M
- 7.53%
- YTD
- 11.34%
- 1Y
- 24.81%
- 3Y*
- 17.42%
- 5Y*
- 12.51%
- 10Y*
- —
FCIQ.TO
- 1D
- 0.90%
- 1M
- 2.68%
- 6M
- 7.49%
- YTD
- 12.55%
- 1Y
- 13.05%
- 3Y*
- 13.45%
- 5Y*
- 6.75%
- 10Y*
- —
MINT.TO vs. FCIQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MINT.TO Manulife Multifactor Developed International Index ETF | 11.34% | 23.42% | 10.91% | 18.04% | -3.59% | 17.69% | 0.55% | 17.45% |
FCIQ.TO Fidelity International High Quality ETF | 12.55% | 11.87% | 11.21% | 17.76% | -16.23% | 5.22% | 25.89% | 18.15% |
Correlation
The correlation between MINT.TO and FCIQ.TO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2019 | 0.35 |
The correlation between MINT.TO and FCIQ.TO shifts across timeframes, from 0.35 (all time) to 0.53 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MINT.TO vs. FCIQ.TO — Risk / Return Rank
MINT.TO
FCIQ.TO
MINT.TO vs. FCIQ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manulife Multifactor Developed International Index ETF (MINT.TO) and Fidelity International High Quality ETF (FCIQ.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.
| MINT.TO | FCIQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.16 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 1.47 | +1.26 |
| Martin ratioReturn relative to average drawdown | 10.51 | 4.02 | +6.48 |
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Drawdowns
MINT.TO vs. FCIQ.TO - Drawdown Comparison
The maximum MINT.TO drawdown since its inception was -32.97%, roughly equal to the maximum FCIQ.TO drawdown of -32.88%. Use the drawdown chart below to compare losses from any high point for MINT.TO and FCIQ.TO.
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Drawdown Indicators
| MINT.TO | FCIQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.97% | -32.88% | -0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -8.91% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -13.76% | -13.41% | -0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -18.04% | -32.88% | +14.84% |
Current DrawdownCurrent decline from peak | -1.34% | -1.23% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -6.85% | +2.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 3.25% | -0.88% |
Volatility
MINT.TO vs. FCIQ.TO - Volatility Comparison
Manulife Multifactor Developed International Index ETF (MINT.TO) has a higher volatility of 3.95% compared to Fidelity International High Quality ETF (FCIQ.TO) at 3.76%. This indicates that MINT.TO's price experiences larger fluctuations and is considered to be riskier than FCIQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MINT.TO | FCIQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 3.76% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 11.53% | 12.52% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.39% | 15.16% | -1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.66% | 14.78% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.63% | 16.56% | +0.07% |
Dividends
MINT.TO vs. FCIQ.TO - Dividend Comparison
MINT.TO's dividend yield for the trailing twelve months is around 2.86%, more than FCIQ.TO's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FCIQ.TO Fidelity International High Quality ETF | 1.18% | 1.59% | 1.64% | 1.94% | 2.54% | 1.56% | 0.54% | 1.42% | 0.00% | 0.00% |
MINT.TO Manulife Multifactor Developed International Index ETF | 2.86% | 5.86% | 2.14% | 2.81% | 2.84% | 2.55% | 1.60% | 2.70% | 2.76% | 1.36% |
Frequently Asked Questions
MINT.TO and FCIQ.TO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Manulife and Fidelity.
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