Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE)

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The chart shows the growth of an initial investment of €10,000 in Fidelity Global Quality Income UCITS ETF Inc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE) has returned -0.32% so far this year and 12.99% over the past 12 months.

Based on dividend-adjusted daily data since Apr 3, 2017, FGEQ.DE's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, your investment would double in approximately 6.7 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +9.4%, while the worst month was Mar 2020 at -11.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FGEQ.DE closed higher 47% of trading days. The best single day was Mar 24, 2020 with a return of +8.6%, while the worst single day was Mar 12, 2020 at -9.2%.

Fidelity Global Quality Income UCITS ETF Inc has an annualized alpha of 5.21%, beta of 0.41, and R² of 0.28 versus S&P 500 Index. Calculated based on daily prices since April 04, 2017.

• This ETF participated in 78.82% of S&P 500 Index downside but only 76.26% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.41 may look defensive, but with R² of 0.28 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.28 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FGEQ.DE has an expense ratio of 0.40%, placing it in the medium range.

FGEQ.DE ranks 44 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Global Quality Income UCITS ETF Inc provided a 1.86% dividend yield over the last twelve months, with an annual payout of €0.17 per share.

The table displays the monthly dividend distributions for Fidelity Global Quality Income UCITS ETF Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity Global Quality Income UCITS ETF Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Global Quality Income UCITS ETF Inc was 34.40%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.

The current Fidelity Global Quality Income UCITS ETF Inc drawdown is 5.33%.

The chart below shows the rolling one-month volatility.