VS
Fidelity Canadian Long/Short Alternative Fund (FCLS) and Fidelity All-Canadian Equity ETF (FCCA) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FCLS focuses its top 3 sector exposures on Financials, Materials, and Industrials, while FCCA leans towards Financials, Materials, and Energy. When evaluating costs, FCLS features a management fee (MER) of 0.95%, compared to 0.35% for FCCA. Performance-wise, FCLS has returned 5.87% year-to-date with -$0 M in net flows, whereas FCCA is at 10.07% with +$100 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FCLS
FCCA
| AuM | $9.46 M | $200.37 M |
| Management Fees | 0.95% | 0.35% |
| Exp. ratio | 1.27% | 0.39% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCLS | -1.41% | +3.97% | +5.87% | +19.29% | - |
FCCA | +0.57% | +4.26% | +10.07% | +34.35% | - | |
| Flows | FCLS | +$0 M | +$0 M | -$0 M | -$0 M | - |
FCCA | +$9 M | +$26 M | +$100 M | +$125 M | - |
FCLS vs FCCA exposure
Countries
FCLS
Canada
82.41%
Other
17.59%
FCCA
Canada
95.67%
Sectors
FCLS
Other
23.48%
Financials
22.45%
Materials
20.82%
Industrials
9.53%
Information Technology
7.32%
Other
16.40%
FCCA
Financials
28.56%
Materials
19.62%
Energy
10.83%
Other
7.06%
Other
33.93%
As of June 11, 2026
Top 10 Holdings
FCLS
ROYAL BK CANADA
3.18%
TORONTO DOMINION
3.05%
BANK OF MONTREAL
2.88%
CA1130041058
2.86%
GREAT WEST LIFECO
2.73%
POWER CORPORATION OF CANADA
2.64%
FORTIS
2.59%
TELUS
2.58%
EMERA
2.46%
IA FINANCIAL CORP
2.38%
FCCA
ROYAL BK CANADA
6.42%
TORONTO DOMINION
4.39%
BARRICK GOLD
3.85%
AGNICO EAGLE MINES LTD
3.56%
SHOPIFY SUBORDINATE VOTING
2.80%
BANK OF MONTREAL
2.60%
ENBRIDGE
2.60%
BNS
2.58%
LOBLAW COMPANIES
2.34%
KINROSS GOLD
2.23%
Diversification
FCLS
Total weight of top 10 holdings out of 143 total
27.37%
FCCA
Total weight of top 10 holdings out of 107 total
33.36%
Characteristics
Frequently asked questions about FCLS and FCCA
Which ETF has performed better year to date: FCLS or FCCA?
As of June 11, 2026, FCLS has returned 5.87% year to date, while FCCA has returned 10.07%. FCCA is ahead on YTD performance.
Which ETF is larger by assets under management: FCLS or FCCA?
As of June 11, 2026, FCLS manages $9.46 M in assets, while FCCA manages $200.37 M. FCCA is the larger fund by AUM.
How are FCLS and FCCA managed?
FCLS is actively managed by Fidelity. It does not track an index. FCCA is actively managed by Fidelity. It does not track an index.
What sectors do FCLS and FCCA emphasize?
FCLS is most exposed to Financials, Materials, and Industrials. FCCA is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: FCLS or FCCA?
Year to date, FCLS has seen -$0.01 M in net flows, compared with +$99.53 M for FCCA. FCCA has attracted more net investor money so far.
How do the fees of FCLS and FCCA compare?
FCLS has an expense ratio of 1.27%, while FCCA has an expense ratio of 0.39%.
What are the top holdings of FCLS and FCCA?
FCLS's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. FCCA's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BARRICK GOLD.
Which ETF is more diversified: FCLS or FCCA?
FCLS holds 140 securities, while FCCA holds 105. On holdings count, FCLS is the more diversified portfolio.
Recent articles about FCLS and FCCA
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.