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Fidelity Canadian Monthly High Income ETF Series L
Canadian Neutral Balanced
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FundGrade A
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2022
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|
NAVPS (05-13-2026) |
$15.46 |
|---|---|
| Change |
-$0.02
(-0.12%)
|
As at April 30, 2026
As at March 31, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (January 16, 2020): 6.97%
| 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 | 1.52% | 4.16% | 9.16% | 6.63% | 21.74% | 16.18% | 12.30% | 9.09% | 8.46% | 9.92% | - | - | - | - |
| Benchmark | 2.12% | 3.73% | 6.97% | 4.51% | 21.44% | 17.57% | 12.99% | 10.28% | 8.75% | 9.95% | 8.43% | 8.39% | 7.59% | 7.77% |
| Category Average | 2.65% | 2.55% | 4.33% | 3.38% | 14.79% | 12.31% | 9.74% | 7.74% | 6.16% | 7.78% | 6.27% | 6.16% | 5.55% | 5.91% |
| Category Rank | 437 / 461 | 87 / 460 | 5 / 457 | 23 / 457 | 47 / 452 | 40 / 447 | 77 / 429 | 133 / 416 | 68 / 388 | 94 / 373 | - | - | - | - |
| Quartile Ranking | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.21% | 1.82% | 1.31% | 2.57% | 2.91% | 0.20% | 2.48% | -0.11% | 2.37% | 4.57% | -1.89% | 1.52% |
| Benchmark | 3.10% | 1.62% | 0.59% | 2.90% | 3.78% | 0.87% | 2.24% | 0.12% | 0.74% | 5.01% | -3.27% | 2.12% |
Best Monthly Return Since Inception
7.83% (November 2020)
Worst Monthly Return Since Inception
-14.69% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 14.76% | -6.03% | 6.79% | 11.79% | 15.96% |
| Benchmark | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% | 17.74% |
| Category Average | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% | 11.06% |
| Quartile Ranking | - | - | - | - | - | 2 | 1 | 4 | 4 | 1 |
| Category Rank | - | - | - | - | - | 111/ 384 | 60/ 407 | 359/ 427 | 332/ 441 | 23/ 447 |
Best Calendar Return (Last 10 years)
15.96% (2025)
Worst Calendar Return (Last 10 years)
-6.03% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 40.54 |
| Foreign Government Bonds | 15.79 |
| International Equity | 12.41 |
| US Equity | 10.97 |
| Foreign Corporate Bonds | 7.57 |
| Other | 12.72 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 28.76 |
| Financial Services | 15.04 |
| Energy | 13.64 |
| Basic Materials | 7.46 |
| Utilities | 4.98 |
| Other | 30.12 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 80.53 |
| Europe | 8.76 |
| Asia | 5.24 |
| Latin America | 1.14 |
| Multi-National | 0.13 |
| Other | 4.20 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-May-2034 | - |
| Royal Bank of Canada | - |
| iShares Gold Trust ETF (IAU) | - |
| Enbridge Inc | - |
| Canadian Natural Resources Ltd | - |
| iShares Canadian Real Return Bond Index ETF (XRB) | - |
| Toronto-Dominion Bank | - |
| Suncor Energy Inc | - |
| United States Treasury 4.13% 15-Aug-2053 | - |
| Restaurant Brands International Inc | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Canadian Monthly High Income ETF Series L
Median
Other - Canadian Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.50% | 8.42% | - |
|---|---|---|---|
| Beta | 0.89 | 0.92 | - |
| Alpha | 0.01 | 0.00 | - |
| Rsquared | 0.90% | 0.91% | - |
| Sharpe | 1.11 | 0.67 | - |
| Sortino | 2.14 | 0.99 | - |
| Treynor | 0.09 | 0.06 | - |
| Tax Efficiency | 87.34% | 83.00% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.75% | 7.50% | 8.42% | - |
| Beta | 0.73 | 0.89 | 0.92 | - |
| Alpha | 0.06 | 0.01 | 0.00 | - |
| Rsquared | 0.86% | 0.90% | 0.91% | - |
| Sharpe | 3.06 | 1.11 | 0.67 | - |
| Sortino | 7.83 | 2.14 | 0.99 | - |
| Treynor | 0.24 | 0.09 | 0.06 | - |
| Tax Efficiency | 92.94% | 87.34% | 83.00% | - |
Fundata ESG Metrics
Fundata ESG Score
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
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
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
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.
Fund Details
| Start Date | January 16, 2020 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
Investment Objectives
The ETF invests primarily in underlying funds. These underlying funds generally invest in a mix of Canadian and foreign equity securities and fixed income securities, with generally more emphasis on Canadian equity securities and fixed income securities. The ETF may invest up to 49% of its net assets in foreign equity securities and non-Canadian dollar-denominated fixed income securities.
Investment Strategy
In order to achieve its investment objective, the Sub-advisor of Fidelity Canadian Monthly High Income ETF generally follows a neutral mix guideline of approximately 60% equity securities and approximately 40% fixed income securities. Depending on market conditions, the Sub-advisor may vary the asset mix by up to +/-20% from the neutral mix if it believes this produces the best overall return.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Management and Research (FMR) Company |
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 | 0.57% |
|---|---|
| Management Fee | 0.50% |
| 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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