VEQT.TO vs. FINN.NEO
VEQT.TO (Vanguard All-Equity ETF Portfolio) and FINN.NEO (Fidelity Global Innovators ETF) are both Global Equities funds. Both are actively managed. Over the past 3 years, VEQT.TO returned 21.71%/yr vs 42.65%/yr for FINN.NEO. A 0.74 correlation means they provide meaningful diversification when combined. VEQT.TO charges 0.24%/yr vs 1.09%/yr for FINN.NEO.
Performance
VEQT.TO vs. FINN.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, VEQT.TO achieves a 13.96% return, which is significantly lower than FINN.NEO's 39.95% return.
VEQT.TO
- 1D
- -0.03%
- 1M
- 1.32%
- 6M
- 9.81%
- YTD
- 13.96%
- 1Y
- 27.98%
- 3Y*
- 21.71%
- 5Y*
- 13.46%
- 10Y*
- —
FINN.NEO
- 1D
- 0.76%
- 1M
- 6.73%
- 6M
- 31.51%
- YTD
- 39.95%
- 1Y
- 59.13%
- 3Y*
- 42.65%
- 5Y*
- —
- 10Y*
- —
VEQT.TO vs. FINN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VEQT.TO Vanguard All-Equity ETF Portfolio | 13.96% | 20.37% | 24.98% | 8.43% |
FINN.NEO Fidelity Global Innovators ETF | 39.95% | 20.61% | 58.65% | 21.40% |
Correlation
The correlation between VEQT.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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.74 |
The correlation between VEQT.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
VEQT.TO vs. FINN.NEO — Risk / Return Rank
VEQT.TO
FINN.NEO
VEQT.TO vs. FINN.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard All-Equity ETF Portfolio (VEQT.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.
| VEQT.TO | FINN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.42 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 4.98 | -1.49 |
| Martin ratioReturn relative to average drawdown | 14.96 | 15.65 | -0.69 |
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Drawdowns
VEQT.TO vs. FINN.NEO - Drawdown Comparison
The maximum VEQT.TO drawdown since its inception was -30.45%, which is greater than FINN.NEO's maximum drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for VEQT.TO and FINN.NEO.
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Drawdown Indicators
| VEQT.TO | FINN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.45% | -25.66% | -4.79% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | -11.94% | +3.89% |
Max Drawdown (3Y)Largest decline over 3 years | -15.46% | -25.66% | +10.20% |
Max Drawdown (5Y)Largest decline over 5 years | -18.32% | — | — |
Current DrawdownCurrent decline from peak | -1.27% | -3.62% | +2.35% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -3.98% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 3.79% | -1.91% |
Volatility
VEQT.TO vs. FINN.NEO - Volatility Comparison
The current volatility for Vanguard All-Equity ETF Portfolio (VEQT.TO) is 3.09%, while Fidelity Global Innovators ETF (FINN.NEO) has a volatility of 10.26%. This indicates that VEQT.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
| VEQT.TO | FINN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 10.26% | -7.17% |
Volatility (6M)Calculated over the trailing 6-month period | 10.22% | 20.07% | -9.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.36% | 24.63% | -12.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.04% | 22.38% | -9.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.75% | 22.38% | -6.63% |
VEQT.TO vs. FINN.NEO - Expense Ratio Comparison
VEQT.TO has a 0.24% expense ratio, which is lower than FINN.NEO's 1.09% expense ratio.
Dividends
VEQT.TO vs. FINN.NEO - Dividend Comparison
VEQT.TO's dividend yield for the trailing twelve months is around 1.24%, while FINN.NEO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FINN.NEO Fidelity Global Innovators ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEQT.TO Vanguard All-Equity ETF Portfolio | 1.24% | 1.42% | 1.58% | 1.88% | 2.09% | 1.40% | 1.48% | 1.43% |
Frequently Asked Questions
VEQT.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, VEQT.TO is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEQT.TO is cheaper with a 0.24% expense ratio, compared with 1.09% for FINN.NEO.
They also come from different issuers: Vanguard and Fidelity. Their fees differ too: 0.24% for VEQT.TO and 1.09% for FINN.NEO.
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