5MVL.DE vs. FGQD.L
5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) and FGQD.L (Fidelity Global Quality Income ETF) are both exchange-traded funds - 5MVL.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Select Value Factor Focus, while FGQD.L is a Global Equities fund tracking the Fidelity Global Quality Income index. Both are passively managed. Over the past 5 years, 5MVL.DE returned 17.75%/yr vs 11.67%/yr for FGQD.L. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.
Performance
5MVL.DE vs. FGQD.L - Performance Comparison
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Different Trading Currencies
5MVL.DE is traded in EUR, while FGQD.L is traded in GBp. To make them comparable, the FGQD.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 5MVL.DE achieves a 46.85% return, which is significantly higher than FGQD.L's 11.85% return.
5MVL.DE
- 1D
- 2.38%
- 1M
- 8.72%
- YTD
- 46.85%
- 6M
- 51.96%
- 1Y
- 81.19%
- 3Y*
- 33.48%
- 5Y*
- 17.75%
- 10Y*
- —
FGQD.L
- 1D
- 0.84%
- 1M
- 3.73%
- YTD
- 11.85%
- 6M
- 12.72%
- 1Y
- 25.62%
- 3Y*
- 14.61%
- 5Y*
- 11.67%
- 10Y*
- —
5MVL.DE vs. FGQD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 46.85% | 27.25% | 21.00% | 14.59% | -10.56% | 13.09% | -2.40% | 20.36% | -14.02% |
FGQD.L Fidelity Global Quality Income ETF | 11.85% | 6.30% | 18.68% | 13.87% | -5.39% | 31.83% | 0.64% | 31.71% | -6.95% |
Correlation
The correlation between 5MVL.DE and FGQD.L is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2018 | 0.56 |
The correlation between 5MVL.DE and FGQD.L has been stable across timeframes, ranging from 0.52 to 0.56 - a consistent structural relationship.
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Return for Risk
5MVL.DE vs. FGQD.L — Risk / Return Rank
5MVL.DE
FGQD.L
5MVL.DE vs. FGQD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) and Fidelity Global Quality Income ETF (FGQD.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 5MVL.DE | FGQD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.45 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 8.30 | 3.84 | +4.46 |
| Martin ratioReturn relative to average drawdown | 25.93 | 17.82 | +8.11 |
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Drawdowns
5MVL.DE vs. FGQD.L - Drawdown Comparison
The maximum 5MVL.DE drawdown since its inception was -32.22%, roughly equal to the maximum FGQD.L drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for 5MVL.DE and FGQD.L.
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Drawdown Indicators
| 5MVL.DE | FGQD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.22% | -33.91% | +1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -9.73% | -6.65% | -3.08% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | -19.10% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -20.60% | -19.10% | -1.50% |
Current DrawdownCurrent decline from peak | -3.21% | 0.00% | -3.21% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -7.31% | +0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 1.43% | +1.69% |
Volatility
5MVL.DE vs. FGQD.L - Volatility Comparison
iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) has a higher volatility of 8.80% compared to Fidelity Global Quality Income ETF (FGQD.L) at 2.99%. This indicates that 5MVL.DE's price experiences larger fluctuations and is considered to be riskier than FGQD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5MVL.DE | FGQD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 2.99% | +5.81% |
Volatility (6M)Calculated over the trailing 6-month period | 17.08% | 7.69% | +9.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.14% | 10.50% | +9.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.03% | 13.08% | +3.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.36% | 16.24% | +3.12% |
5MVL.DE vs. FGQD.L - Expense Ratio Comparison
Both 5MVL.DE and FGQD.L have an expense ratio of 0.40%.
Dividends
5MVL.DE vs. FGQD.L - Dividend Comparison
5MVL.DE has not paid dividends to shareholders, while FGQD.L's dividend yield for the trailing twelve months is around 1.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FGQD.L Fidelity Global Quality Income ETF | 1.80% | 1.86% | 2.31% | 2.78% | 2.70% | 2.46% | 2.60% | 2.44% | 2.70% | 1.10% |
Frequently Asked Questions
5MVL.DE and FGQD.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
5MVL.DE and FGQD.L have the same expense ratio: 0.40% per year.
5MVL.DE is categorized as Emerging Markets Equities, while FGQD.L is Global Equities. 5MVL.DE tracks MSCI Emerging Markets Select Value Factor Focus, while FGQD.L tracks Fidelity Global Quality Income index. They also come from different issuers: iShares and Fidelity.
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