CLIM.L vs. FSMP.L
CLIM.L (Lyxor Green Bond (DR) UCITS ETF - Acc) and FSMP.L (Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF ACC-GBP (hedged)) are both Global Corporate Bonds funds - CLIM.L tracks the Bloomberg Gbl Agg Corp TR USD while FSMP.L tracks the Bloomberg Gbl Agg Corp TR Hdg GBP. Both are passively managed. Over the past 5 years, CLIM.L returned -1.57%/yr vs 0.41%/yr for FSMP.L. A 0.56 correlation means they provide meaningful diversification when combined. CLIM.L charges 0.25%/yr vs 0.30%/yr for FSMP.L.
Performance
CLIM.L vs. FSMP.L - Performance Comparison
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Returns By Period
In the year-to-date period, CLIM.L achieves a -0.77% return, which is significantly lower than FSMP.L's 0.41% return.
CLIM.L
- 1D
- 0.21%
- 1M
- 1.07%
- YTD
- -0.77%
- 6M
- -0.85%
- 1Y
- 3.44%
- 3Y*
- 2.81%
- 5Y*
- -1.57%
- 10Y*
- —
FSMP.L
- 1D
- 0.17%
- 1M
- 0.83%
- YTD
- 0.41%
- 6M
- 0.66%
- 1Y
- 4.52%
- 3Y*
- 5.19%
- 5Y*
- 0.41%
- 10Y*
- —
CLIM.L vs. FSMP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CLIM.L Lyxor Green Bond (DR) UCITS ETF - Acc | -0.77% | 5.06% | -1.39% | 4.76% | -13.57% | -1.17% |
FSMP.L Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF ACC-GBP (hedged) | 0.41% | 6.37% | 2.95% | 8.01% | -15.03% | 3.48% |
Correlation
The correlation between CLIM.L and FSMP.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2021 | 0.56 |
The correlation between CLIM.L and FSMP.L has been stable across timeframes, ranging from 0.49 to 0.56 - a consistent structural relationship.
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Return for Risk
CLIM.L vs. FSMP.L — Risk / Return Rank
CLIM.L
FSMP.L
CLIM.L vs. FSMP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Green Bond (DR) UCITS ETF - Acc (CLIM.L) and Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF ACC-GBP (hedged) (FSMP.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.
| CLIM.L | FSMP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.21 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 1.64 | -0.84 |
| Martin ratioReturn relative to average drawdown | 1.78 | 5.28 | -3.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLIM.L | FSMP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 1.18 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | 0.07 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.14 | -0.16 |
Drawdowns
CLIM.L vs. FSMP.L - Drawdown Comparison
The maximum CLIM.L drawdown since its inception was -25.39%, which is greater than FSMP.L's maximum drawdown of -20.12%. Use the drawdown chart below to compare losses from any high point for CLIM.L and FSMP.L.
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Drawdown Indicators
| CLIM.L | FSMP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.39% | -20.12% | -5.27% |
Max Drawdown (1Y)Largest decline over 1 year | -4.32% | -2.75% | -1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -4.66% | -4.39% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -20.11% | -20.12% | +0.01% |
Current DrawdownCurrent decline from peak | -16.66% | -0.63% | -16.03% |
Average DrawdownAverage peak-to-trough decline | -11.96% | -7.68% | -4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 0.85% | +1.08% |
Volatility
CLIM.L vs. FSMP.L - Volatility Comparison
Lyxor Green Bond (DR) UCITS ETF - Acc (CLIM.L) and Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF ACC-GBP (hedged) (FSMP.L) have volatilities of 1.62% and 1.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLIM.L | FSMP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | 1.56% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.98% | 3.03% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.10% | 3.83% | +1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.00% | 5.91% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.53% | 5.91% | +1.62% |
CLIM.L vs. FSMP.L - Expense Ratio Comparison
CLIM.L has a 0.25% expense ratio, which is lower than FSMP.L's 0.30% expense ratio.
Dividends
CLIM.L vs. FSMP.L - Dividend Comparison
Neither CLIM.L nor FSMP.L has paid dividends to shareholders.
Frequently Asked Questions
CLIM.L and FSMP.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CLIM.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CLIM.L is cheaper with a 0.25% expense ratio, compared with 0.30% for FSMP.L.
CLIM.L tracks Bloomberg Gbl Agg Corp TR USD, while FSMP.L tracks Bloomberg Gbl Agg Corp TR Hdg GBP. They also come from different issuers: Amundi and Fidelity. Their fees differ too: 0.25% for CLIM.L and 0.30% for FSMP.L.
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