FEUI.DE vs. FEUR.DE
FEUI.DE (Fidelity Europe Quality Income UCITS ETF) and FEUR.DE (Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc) are both Europe Equities funds from Fidelity - FEUI.DE tracks the MSCI Europe High Div Yld NR EUR while FEUR.DE tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, FEUI.DE returned 8.02%/yr vs 8.30%/yr for FEUR.DE. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.30% expense ratio.
Performance
FEUI.DE vs. FEUR.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FEUI.DE achieves a 7.79% return, which is significantly higher than FEUR.DE's 6.02% return.
FEUI.DE
- 1D
- 0.65%
- 1M
- 2.70%
- YTD
- 7.79%
- 6M
- 9.55%
- 1Y
- 16.12%
- 3Y*
- 13.31%
- 5Y*
- 8.02%
- 10Y*
- —
FEUR.DE
- 1D
- 0.83%
- 1M
- 3.37%
- YTD
- 6.02%
- 6M
- 8.42%
- 1Y
- 12.02%
- 3Y*
- 11.32%
- 5Y*
- 8.30%
- 10Y*
- —
FEUI.DE vs. FEUR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FEUI.DE Fidelity Europe Quality Income UCITS ETF | 7.79% | 18.53% | 5.59% | 18.51% | -15.30% | 26.87% | 7.32% |
FEUR.DE Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc | 6.02% | 17.35% | 7.16% | 13.97% | -10.43% | 25.84% | 9.40% |
Correlation
The correlation between FEUI.DE and FEUR.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.93 |
The correlation between FEUI.DE and FEUR.DE has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.
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
FEUI.DE vs. FEUR.DE — Risk / Return Rank
FEUI.DE
FEUR.DE
FEUI.DE vs. FEUR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Europe Quality Income UCITS ETF (FEUI.DE) and Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc (FEUR.DE). 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.
| FEUI.DE | FEUR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.17 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.21 | +0.70 |
| Martin ratioReturn relative to average drawdown | 6.52 | 4.33 | +2.20 |
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
| FEUI.DE | FEUR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 0.89 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.56 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.74 | -0.18 |
Drawdowns
FEUI.DE vs. FEUR.DE - Drawdown Comparison
The maximum FEUI.DE drawdown since its inception was -33.84%, which is greater than FEUR.DE's maximum drawdown of -20.36%. Use the drawdown chart below to compare losses from any high point for FEUI.DE and FEUR.DE.
Loading charts...
Drawdown Indicators
| FEUI.DE | FEUR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.84% | -20.36% | -13.48% |
Max Drawdown (1Y)Largest decline over 1 year | -8.42% | -9.91% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -16.21% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.73% | -20.36% | -4.37% |
Current DrawdownCurrent decline from peak | -1.69% | -1.59% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -6.37% | -3.58% | -2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 2.77% | -0.30% |
Volatility
FEUI.DE vs. FEUR.DE - Volatility Comparison
Fidelity Europe Quality Income UCITS ETF (FEUI.DE) has a higher volatility of 4.83% compared to Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc (FEUR.DE) at 4.22%. This indicates that FEUI.DE's price experiences larger fluctuations and is considered to be riskier than FEUR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FEUI.DE | FEUR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 4.22% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 11.30% | -1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.80% | 13.45% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 14.61% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.66% | 14.81% | +1.85% |
FEUI.DE vs. FEUR.DE - Expense Ratio Comparison
Both FEUI.DE and FEUR.DE have an expense ratio of 0.30%.
Dividends
FEUI.DE vs. FEUR.DE - Dividend Comparison
FEUI.DE's dividend yield for the trailing twelve months is around 3.50%, while FEUR.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FEUI.DE Fidelity Europe Quality Income UCITS ETF | 3.50% | 3.09% | 3.55% | 4.02% | 5.06% | 3.98% | 2.56% | 0.41% |
FEUR.DE Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, FEUI.DE and FEUR.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FEUI.DE and FEUR.DE have the same expense ratio: 0.30% per year.
FEUI.DE tracks MSCI Europe High Div Yld NR EUR, while FEUR.DE tracks MSCI Europe NR EUR.
Find the right allocation for FEUI.DE and FEUR.DE
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