TEQT.TO vs. FINN.NEO
TEQT.TO (TD All-Equity ETF Portfolio) and FINN.NEO (Fidelity Global Innovators ETF) are both Global Equities funds. TEQT.TO is passively managed, while FINN.NEO is actively managed. Over the past year, TEQT.TO returned 26.96% vs 59.13% for FINN.NEO. A 0.74 correlation means they provide meaningful diversification when combined. TEQT.TO charges 0.17%/yr vs 1.09%/yr for FINN.NEO.
Performance
TEQT.TO vs. FINN.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, TEQT.TO achieves a 13.42% return, which is significantly lower than FINN.NEO's 39.95% return.
TEQT.TO
- 1D
- 0.04%
- 1M
- 2.05%
- 6M
- 9.81%
- YTD
- 13.42%
- 1Y
- 26.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FINN.NEO
- 1D
- 0.76%
- 1M
- 6.73%
- 6M
- 31.51%
- YTD
- 39.95%
- 1Y
- 59.13%
- 3Y*
- 42.65%
- 5Y*
- —
- 10Y*
- —
TEQT.TO vs. FINN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TEQT.TO TD All-Equity ETF Portfolio | 13.42% | 27.28% |
FINN.NEO Fidelity Global Innovators ETF | 39.95% | 42.78% |
Correlation
The correlation between TEQT.TO and FINN.NEO is 0.74, 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 | 0.75 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2025 | 0.74 |
The correlation between TEQT.TO and FINN.NEO has been stable across timeframes, ranging from 0.74 to 0.74 - a consistent structural relationship.
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Return for Risk
TEQT.TO vs. FINN.NEO — Risk / Return Rank
TEQT.TO
FINN.NEO
TEQT.TO vs. FINN.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 Global Innovators ETF (FINN.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.
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.
| TEQT.TO | FINN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.42 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | 4.98 | -1.42 |
| Martin ratioReturn relative to average drawdown | 14.22 | 15.65 | -1.42 |
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Drawdowns
TEQT.TO vs. FINN.NEO - Drawdown Comparison
The maximum TEQT.TO drawdown since its inception was -7.62%, smaller than the maximum FINN.NEO drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for TEQT.TO and FINN.NEO.
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Drawdown Indicators
| TEQT.TO | FINN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.62% | -25.66% | +18.04% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -11.94% | +4.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Current DrawdownCurrent decline from peak | -1.70% | -3.62% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -3.98% | +2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 3.79% | -1.89% |
Volatility
TEQT.TO vs. FINN.NEO - Volatility Comparison
The current volatility for TD All-Equity ETF Portfolio (TEQT.TO) is 3.40%, while Fidelity Global Innovators ETF (FINN.NEO) has a volatility of 10.26%. This indicates that TEQT.TO experiences smaller price fluctuations and is considered to be less risky than FINN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEQT.TO | FINN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 10.26% | -6.86% |
Volatility (6M)Calculated over the trailing 6-month period | 9.62% | 20.07% | -10.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.84% | 24.63% | -12.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.34% | 22.38% | -10.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.34% | 22.38% | -10.04% |
TEQT.TO vs. FINN.NEO - Expense Ratio Comparison
TEQT.TO has a 0.17% expense ratio, which is lower than FINN.NEO's 1.09% expense ratio.
Dividends
TEQT.TO vs. FINN.NEO - Dividend Comparison
TEQT.TO's dividend yield for the trailing twelve months is around 1.25%, while FINN.NEO has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
FINN.NEO Fidelity Global Innovators ETF | 0.00% | 0.00% |
TEQT.TO TD All-Equity ETF Portfolio | 1.25% | 1.14% |
Frequently Asked Questions
TEQT.TO and FINN.NEO have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TEQT.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TEQT.TO is cheaper with a 0.17% expense ratio, compared with 1.09% for FINN.NEO.
They also come from different issuers: TD and Fidelity. Their fees differ too: 0.17% for TEQT.TO and 1.09% for FINN.NEO.
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