FEUQ.DE vs. FEUR.DE
FEUQ.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 - FEUQ.DE tracks the Fidelity Europe Quality Income while FEUR.DE tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, FEUQ.DE returned 7.82%/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
FEUQ.DE vs. FEUR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FEUQ.DE achieves a 8.15% return, which is significantly higher than FEUR.DE's 6.02% return.
FEUQ.DE
- 1D
- 0.88%
- 1M
- 2.96%
- YTD
- 8.15%
- 6M
- 10.73%
- 1Y
- 16.82%
- 3Y*
- 13.41%
- 5Y*
- 7.82%
- 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*
- —
FEUQ.DE vs. FEUR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FEUQ.DE Fidelity Europe Quality Income UCITS ETF | 8.15% | 18.63% | 5.62% | 17.92% | -16.24% | 25.15% | 7.38% |
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 FEUQ.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 | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.93 |
The correlation between FEUQ.DE and FEUR.DE has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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Return for Risk
FEUQ.DE vs. FEUR.DE — Risk / Return Rank
FEUQ.DE
FEUR.DE
FEUQ.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 (FEUQ.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.
| FEUQ.DE | FEUR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.17 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 1.21 | +0.85 |
| Martin ratioReturn relative to average drawdown | 6.96 | 4.33 | +2.64 |
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
| FEUQ.DE | FEUR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 0.89 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.56 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.74 | -0.24 |
Drawdowns
FEUQ.DE vs. FEUR.DE - Drawdown Comparison
The maximum FEUQ.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 FEUQ.DE and FEUR.DE.
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Drawdown Indicators
| FEUQ.DE | FEUR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.84% | -20.36% | -13.48% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -9.91% | +1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -16.17% | -16.21% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -25.53% | -20.36% | -5.17% |
Current DrawdownCurrent decline from peak | -1.31% | -1.59% | +0.28% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -3.58% | -2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.41% | 2.77% | -0.36% |
Volatility
FEUQ.DE vs. FEUR.DE - Volatility Comparison
The current volatility for Fidelity Europe Quality Income UCITS ETF (FEUQ.DE) is 3.87%, while Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc (FEUR.DE) has a volatility of 4.22%. This indicates that FEUQ.DE experiences smaller price fluctuations and is considered to be less risky than FEUR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEUQ.DE | FEUR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 4.22% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 11.30% | -1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.24% | 13.45% | -1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 14.61% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.57% | 14.81% | +0.76% |
FEUQ.DE vs. FEUR.DE - Expense Ratio Comparison
Both FEUQ.DE and FEUR.DE have an expense ratio of 0.30%.
Dividends
FEUQ.DE vs. FEUR.DE - Dividend Comparison
Neither FEUQ.DE nor FEUR.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, FEUQ.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.
FEUQ.DE and FEUR.DE have the same expense ratio: 0.30% per year.
FEUQ.DE tracks Fidelity Europe Quality Income, while FEUR.DE tracks MSCI Europe NR EUR.
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