TEQT.TO vs. FEQTX

Last updated Jun 4, 2026

TEQT.TO (TD All-Equity ETF Portfolio) and FEQTX (Fidelity Equity Dividend Income Fund) are both funds - TEQT.TO is a Global Equities fund tracking 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), while FEQTX is a Large Cap Value Equities fund managed by Fidelity. Over the past year, TEQT.TO returned 29.82% vs 14.79% for FEQTX. A 0.59 correlation means they provide meaningful diversification when combined. TEQT.TO charges 0.17%/yr vs 0.58%/yr for FEQTX.

Performance

TEQT.TO vs. FEQTX - 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 Equity Dividend Income Fund (FEQTX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TEQT.TO is traded in CAD, while FEQTX is traded in USD. To make them comparable, the FEQTX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TEQT.TO achieves a 11.59% return, which is significantly higher than FEQTX's 9.47% return.

TEQT.TO

• 1D: -0.45%
• 1M: 5.99%
• YTD: 11.59%
• 6M: 11.36%
• 1Y: 29.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FEQTX

• 1D: 0.62%
• 1M: 3.61%
• YTD: 9.47%
• 6M: 2.99%
• 1Y: 14.79%
• 3Y*: 14.26%
• 5Y*: 11.29%
• 10Y*: 10.69%

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

TEQT.TO vs. FEQTX - Yearly Performance Comparison

	2026 (YTD)	2025
TEQT.TO TD All-Equity ETF Portfolio	11.59%	27.04%
FEQTX Fidelity Equity Dividend Income Fund	9.47%	8.25%

Correlation

The correlation between TEQT.TO and FEQTX is 0.57, 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	0.57
Correlation (All Time) Calculated using the full available price history since Apr 16, 2025	0.59

The correlation between TEQT.TO and FEQTX has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.

Return for Risk

TEQT.TO vs. FEQTX — Risk / Return Rank

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

TEQT.TO

TEQT.TO Risk / Return Rank: 81
TEQT.TO Sharpe Ratio Rank: 82
TEQT.TO Sortino Ratio Rank: 83
TEQT.TO Omega Ratio Rank: 83
TEQT.TO Calmar Ratio Rank: 77
TEQT.TO Martin Ratio Rank: 80

FEQTX

FEQTX Risk / Return Rank: 21
FEQTX Sharpe Ratio Rank: 18
FEQTX Sortino Ratio Rank: 15
FEQTX Omega Ratio Rank: 21
FEQTX Calmar Ratio Rank: 27
FEQTX Martin Ratio Rank: 23

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. FEQTX - Risk-Adjusted Trends Comparison

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

	TEQT.TO	FEQTX	Difference
Sharpe ratio: Return per unit of total volatility	2.70	1.31	+1.38
Sortino ratio: Return per unit of downside risk	3.78	1.75	+2.03
Omega ratio: Gain probability vs. loss probability	1.51	1.26	+0.25
Calmar ratio: Return relative to maximum drawdown	3.93	2.37	+1.56
Martin ratio: Return relative to average drawdown	16.17	7.21	+8.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEQT.TO vs. FEQTX - Sharpe Ratio Comparison

The current TEQT.TO Sharpe Ratio is 2.70, which is higher than the FEQTX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of TEQT.TO and FEQTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TEQT.TO	FEQTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	1.31	+1.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.96	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.99	0.90	+2.09

Drawdowns

TEQT.TO vs. FEQTX - Drawdown Comparison

The maximum TEQT.TO drawdown since its inception was -7.62%, smaller than the maximum FEQTX drawdown of -33.04%. Use the drawdown chart below to compare losses from any high point for TEQT.TO and FEQTX.

Drawdown Indicators

	TEQT.TO	FEQTX	Difference
Max Drawdown Largest peak-to-trough decline	-7.62%	-33.04%	+25.42%
Max Drawdown (1Y) Largest decline over 1 year	-7.62%	-6.53%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.17%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.04%	—
Current Drawdown Current decline from peak	-0.45%	-0.06%	-0.39%
Average Drawdown Average peak-to-trough decline	-1.00%	-3.15%	+2.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.14%	-0.29%

Volatility

TEQT.TO vs. FEQTX - Volatility Comparison

TD All-Equity ETF Portfolio (TEQT.TO) has a higher volatility of 3.03% compared to Fidelity Equity Dividend Income Fund (FEQTX) at 2.32%. This indicates that TEQT.TO's price experiences larger fluctuations and is considered to be riskier than FEQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEQT.TO	FEQTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	2.32%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	8.80%	9.58%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	11.10%	11.77%	-0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.18%	11.80%	+0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.18%	14.77%	-2.59%

TEQT.TO vs. FEQTX - Expense Ratio Comparison

TEQT.TO has a 0.17% expense ratio, which is lower than FEQTX's 0.58% expense ratio.

Dividends

TEQT.TO vs. FEQTX - Dividend Comparison

TEQT.TO's dividend yield for the trailing twelve months is around 1.31%, less than FEQTX's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEQTX Fidelity Equity Dividend Income Fund	1.45%	1.59%	8.39%	5.22%	7.65%	11.52%	2.43%	8.39%	14.31%	9.40%	6.12%	5.98%
TEQT.TO TD All-Equity ETF Portfolio	1.31%	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEQT.TO and FEQTX in my portfolio?

TEQT.TO and FEQTX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.