FGBL.L vs. DHSD.L
FGBL.L (First Trust Global Equity Income UCITS ETF Class A USD (Acc)) and DHSD.L (WisdomTree US High Dividend UCITS ETF USD (Dist)) are both Dividend funds - FGBL.L tracks the Nasdaq Global High Equity Income NTR Index while DHSD.L tracks the WisdomTree US High Dividend UCITS Index. Both are passively managed. Over the past 10 years, FGBL.L returned 9.29%/yr vs 8.39%/yr for DHSD.L. A 0.66 correlation means they provide meaningful diversification when combined. FGBL.L charges 0.60%/yr vs 0.29%/yr for DHSD.L.
Performance
FGBL.L vs. DHSD.L - Performance Comparison
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Different Trading Currencies
FGBL.L is traded in GBp, while DHSD.L is traded in USD. To make them comparable, the DHSD.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, FGBL.L achieves a 13.76% return, which is significantly lower than DHSD.L's 14.87% return. Over the past 10 years, FGBL.L has outperformed DHSD.L with an annualized return of 9.29%, while DHSD.L has yielded a comparatively lower 8.39% annualized return.
FGBL.L
- 1D
- 0.26%
- 1M
- 1.06%
- 6M
- 10.74%
- YTD
- 13.76%
- 1Y
- 29.77%
- 3Y*
- 19.74%
- 5Y*
- 12.90%
- 10Y*
- 9.29%
DHSD.L
- 1D
- 0.59%
- 1M
- 3.83%
- 6M
- 10.56%
- YTD
- 14.87%
- 1Y
- 24.36%
- 3Y*
- 14.95%
- 5Y*
- 11.87%
- 10Y*
- 8.39%
FGBL.L vs. DHSD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGBL.L First Trust Global Equity Income UCITS ETF Class A USD (Acc) | 13.76% | 30.51% | 6.22% | 11.15% | 3.62% | 10.79% | -8.84% | 11.01% | -5.93% | 11.89% |
DHSD.L WisdomTree US High Dividend UCITS ETF USD (Dist) | 14.87% | 4.68% | 17.28% | -5.24% | 20.01% | 25.07% | -8.97% | 16.06% | -2.74% | 1.66% |
Correlation
The correlation between FGBL.L and DHSD.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2015 | 0.66 |
Over the past year, the correlation between FGBL.L and DHSD.L has dropped to 0.45 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
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Return for Risk
FGBL.L vs. DHSD.L — Risk / Return Rank
FGBL.L
DHSD.L
FGBL.L vs. DHSD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Equity Income UCITS ETF Class A USD (Acc) (FGBL.L) and WisdomTree US High Dividend UCITS ETF USD (Dist) (DHSD.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.
| FGBL.L | DHSD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.35 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 5.22 | 3.48 | +1.73 |
| Martin ratioReturn relative to average drawdown | 18.20 | 12.07 | +6.13 |
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Drawdowns
FGBL.L vs. DHSD.L - Drawdown Comparison
The maximum FGBL.L drawdown since its inception was -40.36%, which is greater than DHSD.L's maximum drawdown of -29.79%. Use the drawdown chart below to compare losses from any high point for FGBL.L and DHSD.L.
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Drawdown Indicators
| FGBL.L | DHSD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.36% | -29.79% | -10.57% |
Max Drawdown (1Y)Largest decline over 1 year | -5.68% | -6.96% | +1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -12.45% | -17.70% | +5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -12.45% | -18.74% | +6.29% |
Max Drawdown (10Y)Largest decline over 10 years | -29.44% | -29.79% | +0.35% |
Current DrawdownCurrent decline from peak | -0.03% | 0.00% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -8.01% | -5.69% | -2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 2.01% | -0.38% |
Volatility
FGBL.L vs. DHSD.L - Volatility Comparison
The current volatility for First Trust Global Equity Income UCITS ETF Class A USD (Acc) (FGBL.L) is 2.11%, while WisdomTree US High Dividend UCITS ETF USD (Dist) (DHSD.L) has a volatility of 3.67%. This indicates that FGBL.L experiences smaller price fluctuations and is considered to be less risky than DHSD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGBL.L | DHSD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 3.67% | -1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 7.11% | 9.62% | -2.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.33% | 12.03% | -2.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.86% | 14.96% | -3.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 15.80% | -1.88% |
FGBL.L vs. DHSD.L - Expense Ratio Comparison
FGBL.L has a 0.60% expense ratio, which is higher than DHSD.L's 0.29% expense ratio.
Dividends
FGBL.L vs. DHSD.L - Dividend Comparison
FGBL.L has not paid dividends to shareholders, while DHSD.L's dividend yield for the trailing twelve months is around 2.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHSD.L WisdomTree US High Dividend UCITS ETF USD (Dist) | 2.55% | 2.82% | 3.00% | 3.37% | 2.91% | 2.92% | 3.49% | 3.03% | 3.21% | 2.57% | 2.81% | 2.53% |
FGBL.L First Trust Global Equity Income UCITS ETF Class A USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FGBL.L and DHSD.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DHSD.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DHSD.L is cheaper with a 0.29% expense ratio, compared with 0.60% for FGBL.L.
FGBL.L tracks Nasdaq Global High Equity Income NTR Index, while DHSD.L tracks WisdomTree US High Dividend UCITS Index. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.60% for FGBL.L and 0.29% for DHSD.L.
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