Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSMG.L)
FSMG.L is a passive ETF by Fidelity International tracking the investment results of the Bloomberg Gbl Agg Corp TR USD. FSMG.L launched on Mar 23, 2021 and has a 0.25% expense ratio.
ETF Info
| ISIN | IE00BM9GRM34 |
|---|---|
| WKN | A2QKWP |
| Issuer | Fidelity International |
| Inception Date | Mar 23, 2021 |
| Category | Global Corporate Bonds |
| Index Tracked | Bloomberg Gbl Agg Corp TR USD |
| Domicile | Ireland |
| Distribution Policy | Distributing |
| Asset Class | Bond |
Expense Ratio
FSMG.L has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD had a return of -2.71% year-to-date (YTD) and -1.79% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.71% | 11.05% |
| 1 month | -0.02% | 4.86% |
| 6 months | 0.87% | 17.50% |
| 1 year | -1.79% | 27.37% |
| 5 years (annualized) | N/A | 13.14% |
| 10 years (annualized) | N/A | 10.90% |
Monthly Returns
The table below presents the monthly returns of FSMG.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.54% | -1.93% | 1.17% | -1.21% | -2.71% | ||||||||
| 2023 | 1.62% | -2.93% | 1.04% | -0.63% | -1.74% | -1.65% | -0.06% | -0.67% | 0.82% | -0.41% | 0.30% | 3.51% | -0.95% |
| 2022 | -2.46% | -2.11% | 0.23% | -0.74% | -1.38% | 0.00% | 2.58% | 0.01% | -1.20% | -3.60% | 0.51% | -0.14% | -8.12% |
| 2021 | 0.50% | 0.87% | -1.61% | 3.11% | 0.49% | 0.36% | 0.22% | -1.14% | 1.70% | -1.73% | 2.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSMG.L is 6, indicating that it is in the bottom 6% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FSMG.L (Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSMG.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD. 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 Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD was 16.89%, occurring on Aug 21, 2023. The portfolio has not yet recovered.
The current Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD drawdown is 13.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.89% | Dec 10, 2021 | 422 | Aug 21, 2023 | — | — | — |
| -4.01% | Jul 21, 2021 | 65 | Oct 20, 2021 | 36 | Dec 9, 2021 | 101 |
| -2.6% | Apr 16, 2021 | 18 | May 12, 2021 | 25 | Jun 17, 2021 | 43 |
| -1.77% | Jun 21, 2021 | 3 | Jun 23, 2021 | 9 | Jul 6, 2021 | 12 |
| -1.04% | Jul 9, 2021 | 2 | Jul 12, 2021 | 5 | Jul 19, 2021 | 7 |
Volatility
Volatility Chart
The current Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD volatility is 2.28%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.