FCGI.TO vs. FUSD.L
FCGI.TO (Fidelity Global Monthly High Income ETF) and FUSD.L (Fidelity US Quality Income UCITS ETF Income USD Shares) are both exchange-traded funds - FCGI.TO is a Global Allocation fund actively managed by Fidelity, while FUSD.L is a Dividend fund tracking the Fidelity US Quality Income Index NR. FCGI.TO is actively managed, while FUSD.L is passively managed. Over the past 5 years, FCGI.TO returned 8.64%/yr vs 14.53%/yr for FUSD.L. At a 0.22 correlation, their price movements are largely independent. FCGI.TO charges 0.55%/yr vs 0.25%/yr for FUSD.L.
Performance
FCGI.TO vs. FUSD.L - Performance Comparison
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Different Trading Currencies
FCGI.TO is traded in CAD, while FUSD.L is traded in USD. To make them comparable, the FUSD.L values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FCGI.TO achieves a 9.21% return, which is significantly lower than FUSD.L's 12.64% return.
FCGI.TO
- 1D
- -0.18%
- 1M
- 0.37%
- 6M
- 6.42%
- YTD
- 9.21%
- 1Y
- 17.73%
- 3Y*
- 13.74%
- 5Y*
- 8.64%
- 10Y*
- —
FUSD.L
- 1D
- -0.25%
- 1M
- 1.68%
- 6M
- 10.72%
- YTD
- 12.64%
- 1Y
- 23.95%
- 3Y*
- 20.02%
- 5Y*
- 14.53%
- 10Y*
- —
FCGI.TO vs. FUSD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FCGI.TO Fidelity Global Monthly High Income ETF | 9.21% | 13.21% | 13.10% | 9.65% | -5.30% | 14.00% | -49.72% |
FUSD.L Fidelity US Quality Income UCITS ETF Income USD Shares | 12.64% | 11.15% | 28.83% | 15.65% | -4.91% | 26.12% | 7.28% |
Correlation
The correlation between FCGI.TO and FUSD.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2020 | 0.22 |
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Return for Risk
FCGI.TO vs. FUSD.L — Risk / Return Rank
FCGI.TO
FUSD.L
FCGI.TO vs. FUSD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Monthly High Income ETF (FCGI.TO) and Fidelity US Quality Income UCITS ETF Income USD Shares (FUSD.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.
| FCGI.TO | FUSD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.39 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 4.70 | 3.77 | +0.92 |
| Martin ratioReturn relative to average drawdown | 17.69 | 13.99 | +3.71 |
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Drawdowns
FCGI.TO vs. FUSD.L - Drawdown Comparison
The maximum FCGI.TO drawdown since its inception was -63.41%, which is greater than FUSD.L's maximum drawdown of -30.02%. Use the drawdown chart below to compare losses from any high point for FCGI.TO and FUSD.L.
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Drawdown Indicators
| FCGI.TO | FUSD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.41% | -30.02% | -33.39% |
Max Drawdown (1Y)Largest decline over 1 year | -3.79% | -6.32% | +2.53% |
Max Drawdown (3Y)Largest decline over 3 years | -9.45% | -17.11% | +7.66% |
Max Drawdown (5Y)Largest decline over 5 years | -11.16% | -17.34% | +6.18% |
Current DrawdownCurrent decline from peak | -17.08% | -0.56% | -16.52% |
Average DrawdownAverage peak-to-trough decline | -40.56% | -3.15% | -37.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 1.71% | -0.71% |
Volatility
FCGI.TO vs. FUSD.L - Volatility Comparison
The current volatility for Fidelity Global Monthly High Income ETF (FCGI.TO) is 1.66%, while Fidelity US Quality Income UCITS ETF Income USD Shares (FUSD.L) has a volatility of 2.42%. This indicates that FCGI.TO experiences smaller price fluctuations and is considered to be less risky than FUSD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCGI.TO | FUSD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 2.42% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 5.37% | 8.21% | -2.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.01% | 10.61% | -3.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.56% | 14.74% | -6.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.14% | 15.91% | +6.23% |
FCGI.TO vs. FUSD.L - Expense Ratio Comparison
FCGI.TO has a 0.55% expense ratio, which is higher than FUSD.L's 0.25% expense ratio.
Dividends
FCGI.TO vs. FUSD.L - Dividend Comparison
FCGI.TO's dividend yield for the trailing twelve months is around 3.06%, more than FUSD.L's 1.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FCGI.TO Fidelity Global Monthly High Income ETF | 3.06% | 3.25% | 3.21% | 3.50% | 3.71% | 2.62% | 5.47% | 0.00% | 0.00% | 0.00% |
FUSD.L Fidelity US Quality Income UCITS ETF Income USD Shares | 1.40% | 1.47% | 2.79% | 2.10% | 2.31% | 2.30% | 2.30% | 1.95% | 2.19% | 1.24% |
Frequently Asked Questions
FCGI.TO and FUSD.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FUSD.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FUSD.L is cheaper with a 0.25% expense ratio, compared with 0.55% for FCGI.TO.
FCGI.TO is categorized as Global Allocation, while FUSD.L is Dividend. Their fees differ too: 0.55% for FCGI.TO and 0.25% for FUSD.L.
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