FEQD.L vs. FEQTX
Compare and contrast key facts about Fidelity Europe Quality Income UCITS ETF (FEQD.L) and Fidelity Equity Dividend Income Fund (FEQTX).
FEQD.L is a passively managed fund by FIL Investment Management (Luxembourg) S.A., Irela that tracks the performance of the MSCI Europe High Div Yld NR EUR. It was launched on Oct 30, 2017. FEQTX is managed by Fidelity. It was launched on Aug 21, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEQD.L or FEQTX.
Correlation
The correlation between FEQD.L and FEQTX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FEQD.L vs. FEQTX - Performance Comparison
Key characteristics
FEQD.L:
0.69
FEQTX:
0.68
FEQD.L:
1.03
FEQTX:
0.95
FEQD.L:
1.12
FEQTX:
1.14
FEQD.L:
1.16
FEQTX:
0.61
FEQD.L:
2.74
FEQTX:
1.80
FEQD.L:
2.79%
FEQTX:
4.29%
FEQD.L:
11.01%
FEQTX:
11.41%
FEQD.L:
-26.58%
FEQTX:
-60.57%
FEQD.L:
-1.37%
FEQTX:
-8.05%
Returns By Period
In the year-to-date period, FEQD.L achieves a 8.19% return, which is significantly higher than FEQTX's 3.77% return.
FEQD.L
8.19%
2.49%
4.45%
8.50%
5.93%
N/A
FEQTX
3.77%
0.72%
-1.87%
7.01%
5.16%
3.18%
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FEQD.L vs. FEQTX - Expense Ratio Comparison
FEQD.L has a 0.30% expense ratio, which is lower than FEQTX's 0.58% expense ratio.
Risk-Adjusted Performance
FEQD.L vs. FEQTX — Risk-Adjusted Performance Rank
FEQD.L
FEQTX
FEQD.L vs. FEQTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Europe Quality Income UCITS ETF (FEQD.L) and Fidelity Equity Dividend Income Fund (FEQTX). 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.
Dividends
FEQD.L vs. FEQTX - Dividend Comparison
FEQD.L has not paid dividends to shareholders, while FEQTX's dividend yield for the trailing twelve months is around 2.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FEQTX Fidelity Equity Dividend Income Fund | 2.42% | 2.51% | 2.59% | 2.34% | 2.20% | 2.38% | 2.58% | 2.95% | 2.30% | 1.92% | 2.74% | 2.53% |
Drawdowns
FEQD.L vs. FEQTX - Drawdown Comparison
The maximum FEQD.L drawdown since its inception was -26.58%, smaller than the maximum FEQTX drawdown of -60.57%. Use the drawdown chart below to compare losses from any high point for FEQD.L and FEQTX. For additional features, visit the drawdowns tool.
Volatility
FEQD.L vs. FEQTX - Volatility Comparison
Fidelity Europe Quality Income UCITS ETF (FEQD.L) has a higher volatility of 3.54% compared to Fidelity Equity Dividend Income Fund (FEQTX) at 2.17%. This indicates that FEQD.L's price experiences larger fluctuations and is considered to be riskier than FEQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.