FEUR.DE vs. FSCM.DE

Last updated Apr 3, 2026

Compare and contrast key facts about Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc (FEUR.DE) and Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSCM.DE).

FEUR.DE and FSCM.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEUR.DE is a passively managed fund by Fidelity that tracks the performance of the MSCI Europe NR EUR. It was launched on May 18, 2020. FSCM.DE is a passively managed fund by Fidelity that tracks the performance of the Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor. It was launched on Mar 23, 2021. Both FEUR.DE and FSCM.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FEUR.DE vs. FSCM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc (FEUR.DE) and Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSCM.DE). The values are adjusted to include any dividend payments, if applicable.

FEUR.DE vs. FSCM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FEUR.DE Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc	0.42%	17.35%	7.16%	13.97%	-10.43%	16.16%
FSCM.DE Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD	1.18%	-2.57%	6.58%	5.69%	-10.75%	5.55%

Returns By Period

In the year-to-date period, FEUR.DE achieves a 0.42% return, which is significantly lower than FSCM.DE's 1.18% return.

FEUR.DE

• 1D: -0.22%
• 1M: -1.64%
• YTD: 0.42%
• 6M: 3.31%
• 1Y: 10.51%
• 3Y*: 10.05%
• 5Y*: 8.15%
• 10Y*: —

FSCM.DE

• 1D: 0.12%
• 1M: -1.03%
• YTD: 1.18%
• 6M: 1.00%
• 1Y: -0.68%
• 3Y*: 2.91%
• 5Y*: 0.67%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FEUR.DE vs. FSCM.DE - Expense Ratio Comparison

FEUR.DE has a 0.30% expense ratio, which is higher than FSCM.DE's 0.25% expense ratio.

FEUR.DE

Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc

FSCM.DE

Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD

Return for Risk

FEUR.DE vs. FSCM.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEUR.DE

FEUR.DE Risk / Return Rank: 36
FEUR.DE Sharpe Ratio Rank: 33
FEUR.DE Sortino Ratio Rank: 30
FEUR.DE Omega Ratio Rank: 32
FEUR.DE Calmar Ratio Rank: 42
FEUR.DE Martin Ratio Rank: 45

FSCM.DE

FSCM.DE Risk / Return Rank: 8
FSCM.DE Sharpe Ratio Rank: 10
FSCM.DE Sortino Ratio Rank: 8
FSCM.DE Omega Ratio Rank: 8
FSCM.DE Calmar Ratio Rank: 8
FSCM.DE Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FEUR.DE vs. FSCM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc (FEUR.DE) and Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSCM.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.

	FEUR.DE	FSCM.DE	Difference
Sharpe ratio Return per unit of total volatility	0.67	-0.08	+0.76
Sortino ratio Return per unit of downside risk	0.98	-0.05	+1.03
Omega ratio Gain probability vs. loss probability	1.14	0.99	+0.15
Calmar ratio Return relative to maximum drawdown	1.40	-0.14	+1.54
Martin ratio Return relative to average drawdown	5.52	-0.35	+5.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEUR.DE vs. FSCM.DE - Sharpe Ratio Comparison

The current FEUR.DE Sharpe Ratio is 0.67, which is higher than the FSCM.DE Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of FEUR.DE and FSCM.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FEUR.DE	FSCM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	-0.08	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.10	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.13	+0.57

Correlation

The correlation between FEUR.DE and FSCM.DE is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FEUR.DE vs. FSCM.DE - Dividend Comparison

FEUR.DE has not paid dividends to shareholders, while FSCM.DE's dividend yield for the trailing twelve months is around 5.12%.

	TTM	2025	2024	2023	2022	2021
FEUR.DE Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSCM.DE Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD	5.12%	4.41%	4.65%	4.31%	2.84%	0.93%

Drawdowns

FEUR.DE vs. FSCM.DE - Drawdown Comparison

The maximum FEUR.DE drawdown since its inception was -20.36%, which is greater than FSCM.DE's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for FEUR.DE and FSCM.DE.

Drawdown Indicators

	FEUR.DE	FSCM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.36%	-12.64%	-7.72%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-5.05%	-4.87%
Max Drawdown (5Y) Largest decline over 5 years	-20.36%	-12.64%	-7.72%
Current Drawdown Current decline from peak	-6.10%	-3.74%	-2.36%
Average Drawdown Average peak-to-trough decline	-3.60%	-5.68%	+2.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	1.94%	+0.57%

Volatility

FEUR.DE vs. FSCM.DE - Volatility Comparison

Fidelity Sustainable Research Enhanced Europe Equity UCITS ETF Acc (FEUR.DE) has a higher volatility of 6.27% compared to Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSCM.DE) at 1.54%. This indicates that FEUR.DE's price experiences larger fluctuations and is considered to be riskier than FSCM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEUR.DE	FSCM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	1.54%	+4.73%
Volatility (6M) Calculated over the trailing 6-month period	9.38%	3.48%	+5.90%
Volatility (1Y) Calculated over the trailing 1-year period	15.51%	8.25%	+7.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	6.88%	+7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.69%	6.88%	+7.81%