Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Fidelity Systematic Canadian Bond Index ETF Series L
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
FundGrade A+® Rating Recipient
2025
Click for more information on Fundata’s FundGrade
|
NAVPS (06-19-2026) |
$22.60 |
|---|---|
| Change |
-$0.02
(-0.11%)
|
As at May 31, 2026
As at March 31, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (September 20, 2019): 1.29%
| 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 | 1.43% | -0.27% | 0.63% | 1.91% | 3.40% | 5.30% | 4.73% | 3.77% | 1.15% | 0.76% | - | - | - | - |
| Benchmark | 1.41% | -0.55% | 0.39% | 1.78% | 2.90% | 5.87% | 4.11% | 3.23% | 0.83% | 0.37% | 1.26% | 1.96% | 1.65% | 1.78% |
| Category Average | 1.24% | -0.66% | 0.15% | 1.39% | 2.55% | 4.42% | 3.76% | 2.80% | 0.25% | 0.19% | 0.90% | 1.44% | 1.11% | 1.25% |
| Category Rank | 91 / 494 | 86 / 493 | 128 / 488 | 86 / 489 | 159 / 473 | 127 / 439 | 68 / 415 | 88 / 403 | 94 / 390 | 99 / 368 | - | - | - | - |
| Quartile Ranking | 1 | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.10% | -0.56% | 0.27% | 1.92% | 0.79% | 0.24% | -1.26% | 0.67% | 1.51% | -1.97% | 0.30% | 1.43% |
| Benchmark | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% |
Best Monthly Return Since Inception
4.73% (April 2020)
Worst Monthly Return Since Inception
-4.10% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 8.61% | -2.76% | -11.89% | 7.26% | 5.00% | 2.62% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | - | - | - | - | 2 | 2 | 3 | 1 | 1 | 2 |
| Category Rank | - | - | - | - | 161/ 360 | 187/ 382 | 211/ 399 | 63/ 407 | 64/ 431 | 219/ 469 |
Best Calendar Return (Last 10 years)
8.61% (2020)
Worst Calendar Return (Last 10 years)
-11.89% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 55.22 |
| Canadian Government Bonds | 38.83 |
| Cash and Equivalents | 3.91 |
| Foreign Corporate Bonds | 1.50 |
| Foreign Government Bonds | 0.51 |
| Other | 0.03 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 96.06 |
| Cash and Cash Equivalent | 3.91 |
| Other | 0.03 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.50 |
| Europe | 0.47 |
| Other | 0.03 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 2.00% 01-Dec-2051 | - |
| Canada Government 5.00% 01-Jun-2037 | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| Canada Government 3.50% 01-Dec-2057 | - |
| Canada Government 2.75% 01-Dec-2048 | - |
| Canada Government 1.75% 01-Dec-2053 | - |
| Canada Government 2.75% 01-Dec-2055 | - |
| Canada Government 2.75% 01-Dec-2064 | - |
| Canada Government 4.00% 01-Jun-2041 | - |
| Canada Government 3.50% 01-Dec-2045 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Systematic Canadian Bond Index ETF Series L
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 5.10% | 5.97% | - |
|---|---|---|---|
| Beta | 0.93 | 0.99 | - |
| Alpha | 0.01 | 0.00 | - |
| Rsquared | 0.91% | 0.95% | - |
| Sharpe | 0.23 | -0.27 | - |
| Sortino | 0.57 | -0.38 | - |
| Treynor | 0.01 | -0.02 | - |
| Tax Efficiency | 69.08% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.92% | 5.10% | 5.97% | - |
| Beta | 0.97 | 0.93 | 0.99 | - |
| Alpha | 0.01 | 0.01 | 0.00 | - |
| Rsquared | 0.99% | 0.91% | 0.95% | - |
| Sharpe | 0.27 | 0.23 | -0.27 | - |
| Sortino | 0.15 | 0.57 | -0.38 | - |
| Treynor | 0.01 | 0.01 | -0.02 | - |
| Tax Efficiency | 57.91% | 69.08% | - | - |
Fund Details
| Start Date | September 20, 2019 |
|---|---|
| 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
Fidelity Systematic Canadian Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Systematic Canadian Bond Index. This Fidelity ETF invests primarily in Canadian fixed income securities.
Investment Strategy
In order to achieve its investment objective, Fidelity Systematic Canadian Bond Index ETF normally invests its assets in the Constituent Securities of the Fidelity Canada Systematic Canadian Bond Index.
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 | 0.29% |
|---|---|
| Management Fee | 0.25% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
