EXS3.DE vs. FEQD.L
EXS3.DE (iShares MDAX UCITS ETF (DE)) and FEQD.L (Fidelity Europe Quality Income UCITS ETF) are both Europe Equities funds - EXS3.DE tracks the MDAX® while FEQD.L tracks the MSCI Europe High Div Yld NR EUR. Both are passively managed. Over the past 5 years, EXS3.DE returned -1.18%/yr vs 7.78%/yr for FEQD.L. A 0.77 correlation means they provide meaningful diversification when combined. EXS3.DE charges 0.51%/yr vs 0.30%/yr for FEQD.L.
Performance
EXS3.DE vs. FEQD.L - Performance Comparison
Loading charts...
Different Trading Currencies
EXS3.DE is traded in EUR, while FEQD.L is traded in GBP. To make them comparable, the FEQD.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EXS3.DE achieves a 6.43% return, which is significantly lower than FEQD.L's 8.20% return.
EXS3.DE
- 1D
- 0.21%
- 1M
- 5.13%
- YTD
- 6.43%
- 6M
- 10.24%
- 1Y
- 4.92%
- 3Y*
- 6.03%
- 5Y*
- -1.18%
- 10Y*
- 4.04%
FEQD.L
- 1D
- 0.57%
- 1M
- 2.80%
- YTD
- 8.20%
- 6M
- 10.08%
- 1Y
- 16.33%
- 3Y*
- 13.26%
- 5Y*
- 7.78%
- 10Y*
- —
EXS3.DE vs. FEQD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS3.DE iShares MDAX UCITS ETF (DE) | 6.43% | 19.10% | -6.45% | 7.92% | -29.11% | 13.18% | 8.17% | 30.28% | -18.39% | -2.46% |
FEQD.L Fidelity Europe Quality Income UCITS ETF | 8.20% | 17.36% | 6.22% | 17.94% | -15.67% | 24.88% | -2.74% | 29.72% | -8.52% | -1.77% |
Correlation
The correlation between EXS3.DE and FEQD.L is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2017 | 0.77 |
The correlation between EXS3.DE and FEQD.L shifts across timeframes, from 0.63 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EXS3.DE vs. FEQD.L — Risk / Return Rank
EXS3.DE
FEQD.L
EXS3.DE vs. FEQD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MDAX UCITS ETF (DE) (EXS3.DE) and Fidelity Europe Quality Income UCITS ETF (FEQD.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.
| EXS3.DE | FEQD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.22 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 1.86 | -1.52 |
| Martin ratioReturn relative to average drawdown | 0.91 | 6.49 | -5.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EXS3.DE | FEQD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 1.24 | -0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.53 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.50 | -0.14 |
Drawdowns
EXS3.DE vs. FEQD.L - Drawdown Comparison
The maximum EXS3.DE drawdown since its inception was -63.82%, which is greater than FEQD.L's maximum drawdown of -34.00%. Use the drawdown chart below to compare losses from any high point for EXS3.DE and FEQD.L.
Loading charts...
Drawdown Indicators
| EXS3.DE | FEQD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.82% | -34.00% | -29.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.57% | -8.75% | -5.82% |
Max Drawdown (3Y)Largest decline over 3 years | -18.67% | -15.65% | -3.02% |
Max Drawdown (5Y)Largest decline over 5 years | -40.31% | -25.62% | -14.69% |
Max Drawdown (10Y)Largest decline over 10 years | -40.31% | — | — |
Current DrawdownCurrent decline from peak | -12.23% | -0.68% | -11.55% |
Average DrawdownAverage peak-to-trough decline | -14.02% | -5.82% | -8.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.35% | 2.51% | +2.84% |
Volatility
EXS3.DE vs. FEQD.L - Volatility Comparison
iShares MDAX UCITS ETF (DE) (EXS3.DE) has a higher volatility of 4.94% compared to Fidelity Europe Quality Income UCITS ETF (FEQD.L) at 3.43%. This indicates that EXS3.DE's price experiences larger fluctuations and is considered to be riskier than FEQD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXS3.DE | FEQD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 3.43% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 15.18% | 10.36% | +4.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.54% | 13.08% | +5.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.35% | 14.66% | +4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.37% | 15.58% | +2.79% |
EXS3.DE vs. FEQD.L - Expense Ratio Comparison
EXS3.DE has a 0.51% expense ratio, which is higher than FEQD.L's 0.30% expense ratio.
Dividends
EXS3.DE vs. FEQD.L - Dividend Comparison
Neither EXS3.DE nor FEQD.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS3.DE iShares MDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.49% | 0.53% | 0.49% |
FEQD.L Fidelity Europe Quality Income UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EXS3.DE and FEQD.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FEQD.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FEQD.L is cheaper with a 0.30% expense ratio, compared with 0.51% for EXS3.DE.
EXS3.DE tracks MDAX®, while FEQD.L tracks MSCI Europe High Div Yld NR EUR. They also come from different issuers: iShares and FIL Investment Management (Luxembourg) S.A., Irela. Their fees differ too: 0.51% for EXS3.DE and 0.30% for FEQD.L.
Find the right allocation for EXS3.DE and FEQD.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer