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Fidelity Canadian Low Volatility ETF Series L

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Canadian Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(10-09-2025) 		$40.70
Change
-$0.15 (-0.37%)

As at September 30, 2025

As at June 30, 2025

As at September 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025Jul 20…$10,000$15,000$9,000$11,000$12,000$13,000$14,000$16,000Period

Legend

Fidelity Canadian Low Volatility ETF Series L

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Fund Returns

Inception Return (January 18, 2019): 10.29%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.11% 6.91% 14.78% 18.25% 17.15% 21.45% 14.62% 10.91% 13.45% 9.23% - - - -
Benchmark 5.40% 12.50% 22.09% 23.93% 28.60% 27.66% 21.31% 14.00% 16.68% 13.71% 12.74% 11.86% 11.56% 11.82%
Category Average 3.73% 8.50% 17.60% 18.38% 21.36% 22.37% 17.38% 11.53% 14.41% 11.36% 10.37% 9.59% 9.33% 9.56%
Category Rank 663 / 760 539 / 756 580 / 738 418 / 733 606 / 733 477 / 697 624 / 678 404 / 635 412 / 576 482 / 538 - - - -
Quartile Ranking 4 3 4 3 4 3 4 3 3 4 - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -0.97% 3.02% -2.89% 2.22% 1.51% -0.72% 1.57% 4.48% 1.17% 1.56% 3.09% 2.11%
Benchmark 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91% 1.69% 4.96% 5.40%

Best Monthly Return Since Inception

10.21% (November 2020)

Worst Monthly Return Since Inception

-16.56% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - -4.21% 24.36% -1.54% 5.52% 15.26%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking - - - - - 4 2 1 4 4
Category Rank - - - - - 503/ 545 289/ 580 111/ 647 651/ 682 632/ 707

Best Calendar Return (Last 10 years)

24.36% (2021)

Worst Calendar Return (Last 10 years)

-4.21% (2020)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 95.11
Income Trust Units 4.82
Cash and Equivalents 0.11

Sector Allocation

Sector Allocation
Name Percent
Financial Services 28.01
Industrial Services 11.56
Real Estate 11.11
Consumer Services 11.05
Utilities 9.41
Other 28.86

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.04

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada -
Loblaw Cos Ltd -
Toronto-Dominion Bank -
Canadian Pacific Railway Ltd -
Metro Inc -
George Weston Ltd -
Fortis Inc -
Emera Inc -
Canadian National Railway Co -
Hydro One Ltd -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return6810121416182022245%10%15%20%25%30%35%40%45%

Fidelity Canadian Low Volatility ETF Series L

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 10.19% 11.14% -
Beta 0.78% 0.82% -
Alpha -0.01% 0.00% -
Rsquared 0.86% 0.88% -
Sharpe 1.00% 0.96% -
Sortino 1.91% 1.63% -
Treynor 0.13% 0.13% -
Tax Efficiency 93.02% 92.04% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.99% 10.19% 11.14% -
Beta 0.55% 0.78% 0.82% -
Alpha 0.02% -0.01% 0.00% -
Rsquared 0.72% 0.86% 0.88% -
Sharpe 1.89% 1.00% 0.96% -
Sortino 3.75% 1.91% 1.63% -
Treynor 0.24% 0.13% 0.13% -
Tax Efficiency 94.58% 93.02% 92.04% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A26.1​26.140.5​40.50%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A40.4​40.443.7​43.70%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A22.5​22.537.1​37.10%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A14.8​14.835.7​35.70%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date January 18, 2019
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

Fidelity Canadian Low Volatility Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Canadian Low Volatility Index. This Fidelity ETF invests primarily in equity securities of large and mid-capitalization Canadian companies with lower volatility than the broader Canadian equity market.

Investment Strategy

In order to achieve its investment objective, Fidelity Canadian Low Volatility Index ETF normally invests its assets in the Constituent Securities of the Fidelity Canada Canadian Low Volatility Index.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC
Sub-Advisor

Geode Capital Management, LLC

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.39%
Management Fee 0.35%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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