TEQT.TO vs. FEQT.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about TD All-Equity ETF Portfolio (TEQT.TO) and Fidelity All-in-One Equity ETF Fund (FEQT.NEO).

TEQT.TO and FEQT.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TEQT.TO is a passively managed fund by TD that tracks the performance of the 25% Solactive Canada Broad Market Index (C$, Net Total Return); 55% Solactive US Large Cap CAD Index (C$, Net Total Return); 20% Solactive GBS Developed Markets ex. North America Large & Mid Cap CAD Index (C$, Net Total Return). It was launched on Apr 8, 2025. FEQT.NEO is an actively managed fund by Fidelity. It was launched on Jan 20, 2022.

Performance

TEQT.TO vs. FEQT.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD All-Equity ETF Portfolio (TEQT.TO) and Fidelity All-in-One Equity ETF Fund (FEQT.NEO). The values are adjusted to include any dividend payments, if applicable.

TEQT.TO vs. FEQT.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
TEQT.TO TD All-Equity ETF Portfolio	0.54%	27.04%
FEQT.NEO Fidelity All-in-One Equity ETF Fund	2.28%	21.10%

Returns By Period

In the year-to-date period, TEQT.TO achieves a 0.54% return, which is significantly lower than FEQT.NEO's 2.28% return.

TEQT.TO

• 1D: 0.80%
• 1M: -3.23%
• YTD: 0.54%
• 6M: 2.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FEQT.NEO

• 1D: 0.95%
• 1M: -3.56%
• YTD: 2.28%
• 6M: 3.52%
• 1Y: 18.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEQT.TO vs. FEQT.NEO - Expense Ratio Comparison

TEQT.TO has a 0.17% expense ratio, which is lower than FEQT.NEO's 0.43% expense ratio.

FEQT.NEO

Fidelity All-in-One Equity ETF Fund

TEQT.TO

TD All-Equity ETF Portfolio

Return for Risk

TEQT.TO vs. FEQT.NEO — Risk / Return Rank

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

FEQT.NEO

FEQT.NEO Risk / Return Rank: 67
FEQT.NEO Sharpe Ratio Rank: 68
FEQT.NEO Sortino Ratio Rank: 67
FEQT.NEO Omega Ratio Rank: 68
FEQT.NEO Calmar Ratio Rank: 62
FEQT.NEO Martin Ratio Rank: 68

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.

TEQT.TO vs. FEQT.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD All-Equity ETF Portfolio (TEQT.TO) and Fidelity All-in-One Equity ETF Fund (FEQT.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TEQT.TO	FEQT.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.35	1.37	+0.98

Correlation

The correlation between TEQT.TO and FEQT.NEO is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TEQT.TO vs. FEQT.NEO - Dividend Comparison

TEQT.TO's dividend yield for the trailing twelve months is around 1.46%, while FEQT.NEO has not paid dividends to shareholders.

	TTM	2025
TEQT.TO TD All-Equity ETF Portfolio	1.46%	1.14%
FEQT.NEO Fidelity All-in-One Equity ETF Fund	0.00%	0.00%

Drawdowns

TEQT.TO vs. FEQT.NEO - Drawdown Comparison

The maximum TEQT.TO drawdown since its inception was -7.62%, smaller than the maximum FEQT.NEO drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for TEQT.TO and FEQT.NEO.

Drawdown Indicators

	TEQT.TO	FEQT.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-7.62%	-13.24%	+5.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.15%	—
Current Drawdown Current decline from peak	-3.96%	-4.10%	+0.14%
Average Drawdown Average peak-to-trough decline	-1.06%	-1.49%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.54%	—

Volatility

Volatility by Period

	TEQT.TO	FEQT.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	15.04%	-2.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	13.27%	-0.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.42%	13.27%	-0.85%