ZESG.TO vs. FBAL.NEO
Compare and contrast key facts about BMO Balanced ESG ETF (ZESG.TO) and Fidelity All-in-One Balanced ETF (FBAL.NEO).
ZESG.TO and FBAL.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZESG.TO is an actively managed fund by BMO. It was launched on Jan 15, 2020. FBAL.NEO is an actively managed fund by Fidelity. It was launched on Jan 21, 2021.
Performance
ZESG.TO vs. FBAL.NEO - Performance Comparison
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ZESG.TO vs. FBAL.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ZESG.TO BMO Balanced ESG ETF | -1.73% | 12.26% | 16.70% | 15.27% | -13.70% | 12.32% |
FBAL.NEO Fidelity All-in-One Balanced ETF | 0.90% | 12.92% | 19.42% | 13.96% | -7.02% | 11.50% |
Returns By Period
In the year-to-date period, ZESG.TO achieves a -1.73% return, which is significantly lower than FBAL.NEO's 0.90% return.
ZESG.TO
- 1D
- 1.70%
- 1M
- -3.57%
- YTD
- -1.73%
- 6M
- -0.25%
- 1Y
- 11.23%
- 3Y*
- 11.96%
- 5Y*
- 7.37%
- 10Y*
- —
FBAL.NEO
- 1D
- 1.68%
- 1M
- -3.46%
- YTD
- 0.90%
- 6M
- 2.59%
- 1Y
- 11.78%
- 3Y*
- 13.84%
- 5Y*
- 9.90%
- 10Y*
- —
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ZESG.TO vs. FBAL.NEO - Expense Ratio Comparison
ZESG.TO has a 0.18% expense ratio, which is lower than FBAL.NEO's 0.40% expense ratio.
Return for Risk
ZESG.TO vs. FBAL.NEO — Risk / Return Rank
ZESG.TO
FBAL.NEO
ZESG.TO vs. FBAL.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Balanced ESG ETF (ZESG.TO) and Fidelity All-in-One Balanced ETF (FBAL.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.
| ZESG.TO | FBAL.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 1.33 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.72 | 1.80 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.26 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.67 | -0.26 |
Martin ratioReturn relative to average drawdown | 5.61 | 6.56 | -0.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ZESG.TO | FBAL.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 1.33 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 1.16 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.93 | 1.12 | -3.05 |
Correlation
The correlation between ZESG.TO and FBAL.NEO is 0.56, 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
ZESG.TO vs. FBAL.NEO - Dividend Comparison
ZESG.TO's dividend yield for the trailing twelve months is around 1.78%, more than FBAL.NEO's 1.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ZESG.TO BMO Balanced ESG ETF | 1.78% | 1.71% | 1.89% | 2.22% | 2.53% | 2.05% | 2.27% |
FBAL.NEO Fidelity All-in-One Balanced ETF | 1.60% | 1.61% | 1.42% | 1.71% | 4.48% | 1.08% | 0.00% |
Drawdowns
ZESG.TO vs. FBAL.NEO - Drawdown Comparison
The maximum ZESG.TO drawdown since its inception was -100.00%, which is greater than FBAL.NEO's maximum drawdown of -13.83%. Use the drawdown chart below to compare losses from any high point for ZESG.TO and FBAL.NEO.
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Drawdown Indicators
| ZESG.TO | FBAL.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -13.83% | -86.17% |
Max Drawdown (1Y)Largest decline over 1 year | -7.18% | -7.39% | +0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -18.81% | -13.83% | -4.98% |
Current DrawdownCurrent decline from peak | -100.00% | -3.78% | -96.22% |
Average DrawdownAverage peak-to-trough decline | -99.93% | -2.48% | -97.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.89% | -0.08% |
Volatility
ZESG.TO vs. FBAL.NEO - Volatility Comparison
The current volatility for BMO Balanced ESG ETF (ZESG.TO) is 3.65%, while Fidelity All-in-One Balanced ETF (FBAL.NEO) has a volatility of 4.00%. This indicates that ZESG.TO experiences smaller price fluctuations and is considered to be less risky than FBAL.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZESG.TO | FBAL.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.65% | 4.00% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 6.28% | 6.03% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.13% | 8.91% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.85% | 8.60% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.49% | 8.57% | +32.92% |