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TGED.TO vs. FCIM.NEO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TGED.TO vs. FCIM.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Active Global Enhanced Dividend ETF (TGED.TO) and Fidelity International Momentum Index ETF (FCIM.NEO). The values are adjusted to include any dividend payments, if applicable.

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TGED.TO vs. FCIM.NEO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
TGED.TO
TD Active Global Enhanced Dividend ETF
-0.04%10.63%38.60%23.33%-14.27%20.42%16.25%
FCIM.NEO
Fidelity International Momentum Index ETF
7.74%37.03%25.38%16.54%-12.40%10.86%-60.82%

Returns By Period

In the year-to-date period, TGED.TO achieves a -0.04% return, which is significantly lower than FCIM.NEO's 7.74% return.


TGED.TO

1D
3.14%
1M
-6.47%
YTD
-0.04%
6M
-1.87%
1Y
15.82%
3Y*
20.43%
5Y*
13.68%
10Y*

FCIM.NEO

1D
3.44%
1M
-7.35%
YTD
7.74%
6M
15.87%
1Y
32.19%
3Y*
26.47%
5Y*
16.26%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TGED.TO vs. FCIM.NEO - Expense Ratio Comparison

TGED.TO has a 0.72% expense ratio, which is higher than FCIM.NEO's 0.45% expense ratio.


Return for Risk

TGED.TO vs. FCIM.NEO — Risk / Return Rank

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

TGED.TO
TGED.TO Risk / Return Rank: 4747
Overall Rank
TGED.TO Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
TGED.TO Sortino Ratio Rank: 4444
Sortino Ratio Rank
TGED.TO Omega Ratio Rank: 4545
Omega Ratio Rank
TGED.TO Calmar Ratio Rank: 5252
Calmar Ratio Rank
TGED.TO Martin Ratio Rank: 4848
Martin Ratio Rank

FCIM.NEO
FCIM.NEO Risk / Return Rank: 8686
Overall Rank
FCIM.NEO Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
FCIM.NEO Sortino Ratio Rank: 9090
Sortino Ratio Rank
FCIM.NEO Omega Ratio Rank: 8686
Omega Ratio Rank
FCIM.NEO Calmar Ratio Rank: 8484
Calmar Ratio Rank
FCIM.NEO Martin Ratio Rank: 8484
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.

TGED.TO vs. FCIM.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Active Global Enhanced Dividend ETF (TGED.TO) and Fidelity International Momentum Index ETF (FCIM.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.


TGED.TOFCIM.NEODifference

Sharpe ratio

Return per unit of total volatility

0.82

1.79

-0.97

Sortino ratio

Return per unit of downside risk

1.20

2.54

-1.34

Omega ratio

Gain probability vs. loss probability

1.18

1.34

-0.17

Calmar ratio

Return relative to maximum drawdown

1.33

2.47

-1.14

Martin ratio

Return relative to average drawdown

4.69

9.60

-4.91

TGED.TO vs. FCIM.NEO - Sharpe Ratio Comparison

The current TGED.TO Sharpe Ratio is 0.82, which is lower than the FCIM.NEO Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of TGED.TO and FCIM.NEO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TGED.TOFCIM.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.82

1.79

-0.97

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.89

0.99

-0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.88

-0.10

+0.98

Correlation

The correlation between TGED.TO and FCIM.NEO is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

TGED.TO vs. FCIM.NEO - Dividend Comparison

TGED.TO's dividend yield for the trailing twelve months is around 3.88%, more than FCIM.NEO's 1.48% yield.


TTM2025202420232022202120202019
TGED.TO
TD Active Global Enhanced Dividend ETF
3.88%3.79%3.01%3.97%4.70%3.44%3.63%2.54%
FCIM.NEO
Fidelity International Momentum Index ETF
1.48%1.59%1.26%1.70%1.86%2.70%0.52%0.00%

Drawdowns

TGED.TO vs. FCIM.NEO - Drawdown Comparison

The maximum TGED.TO drawdown since its inception was -26.19%, smaller than the maximum FCIM.NEO drawdown of -67.91%. Use the drawdown chart below to compare losses from any high point for TGED.TO and FCIM.NEO.


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Drawdown Indicators


TGED.TOFCIM.NEODifference

Max Drawdown

Largest peak-to-trough decline

-26.19%

-67.91%

+41.72%

Max Drawdown (1Y)

Largest decline over 1 year

-12.29%

-13.21%

+0.92%

Max Drawdown (5Y)

Largest decline over 5 years

-23.05%

-26.89%

+3.84%

Current Drawdown

Current decline from peak

-7.95%

-18.52%

+10.57%

Average Drawdown

Average peak-to-trough decline

-4.74%

-52.34%

+47.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.48%

3.40%

+0.08%

Volatility

TGED.TO vs. FCIM.NEO - Volatility Comparison

The current volatility for TD Active Global Enhanced Dividend ETF (TGED.TO) is 7.44%, while Fidelity International Momentum Index ETF (FCIM.NEO) has a volatility of 8.40%. This indicates that TGED.TO experiences smaller price fluctuations and is considered to be less risky than FCIM.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TGED.TOFCIM.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.44%

8.40%

-0.96%

Volatility (6M)

Calculated over the trailing 6-month period

12.56%

12.15%

+0.41%

Volatility (1Y)

Calculated over the trailing 1-year period

19.39%

18.06%

+1.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.53%

16.61%

-1.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.69%

32.29%

-15.60%