FGEQ.DE vs. VHYL.AS

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS).

FGEQ.DE and VHYL.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGEQ.DE is a passively managed fund by Fidelity that tracks the performance of the Fidelity Global Quality Income index. It was launched on Oct 15, 2024. VHYL.AS is a passively managed fund by Vanguard that tracks the performance of the MSCI World High Dividend Yield NR USD. It was launched on May 21, 2013. Both FGEQ.DE and VHYL.AS 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

FGEQ.DE vs. VHYL.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS). The values are adjusted to include any dividend payments, if applicable.

FGEQ.DE vs. VHYL.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGEQ.DE Fidelity Global Quality Income UCITS ETF Inc	1.45%	7.21%	17.89%	14.06%	-6.11%	32.67%	-0.32%	31.45%	-3.69%	3.70%
VHYL.AS Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing	6.50%	12.40%	16.77%	7.02%	0.17%	27.85%	-8.79%	22.93%	-7.01%	0.80%

Returns By Period

In the year-to-date period, FGEQ.DE achieves a 1.45% return, which is significantly lower than VHYL.AS's 6.50% return.

FGEQ.DE

• 1D: 1.78%
• 1M: -3.32%
• YTD: 1.45%
• 6M: 5.34%
• 1Y: 14.13%
• 3Y*: 12.66%
• 5Y*: 10.22%
• 10Y*: —

VHYL.AS

• 1D: 1.28%
• 1M: -2.96%
• YTD: 6.50%
• 6M: 11.50%
• 1Y: 16.47%
• 3Y*: 14.42%
• 5Y*: 10.93%
• 10Y*: 9.46%

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

FGEQ.DE vs. VHYL.AS - Expense Ratio Comparison

FGEQ.DE has a 0.40% expense ratio, which is higher than VHYL.AS's 0.29% expense ratio.

FGEQ.DE

Fidelity Global Quality Income UCITS ETF Inc

VHYL.AS

Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing

Return for Risk

FGEQ.DE vs. VHYL.AS — Risk / Return Rank

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

FGEQ.DE

FGEQ.DE Risk / Return Rank: 55
FGEQ.DE Sharpe Ratio Rank: 50
FGEQ.DE Sortino Ratio Rank: 47
FGEQ.DE Omega Ratio Rank: 52
FGEQ.DE Calmar Ratio Rank: 60
FGEQ.DE Martin Ratio Rank: 68

VHYL.AS

VHYL.AS Risk / Return Rank: 78
VHYL.AS Sharpe Ratio Rank: 67
VHYL.AS Sortino Ratio Rank: 59
VHYL.AS Omega Ratio Rank: 69
VHYL.AS Calmar Ratio Rank: 96
VHYL.AS Martin Ratio Rank: 96

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.

FGEQ.DE vs. VHYL.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS). 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.

	FGEQ.DE	VHYL.AS	Difference
Sharpe ratio Return per unit of total volatility	0.96	1.22	-0.26
Sortino ratio Return per unit of downside risk	1.34	1.59	-0.25
Omega ratio Gain probability vs. loss probability	1.21	1.26	-0.06
Calmar ratio Return relative to maximum drawdown	1.66	4.64	-2.98
Martin ratio Return relative to average drawdown	7.63	18.26	-10.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGEQ.DE vs. VHYL.AS - Sharpe Ratio Comparison

The current FGEQ.DE Sharpe Ratio is 0.96, which is comparable to the VHYL.AS Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FGEQ.DE and VHYL.AS, 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

	FGEQ.DE	VHYL.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	1.22	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.93	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.63	+0.05

Correlation

The correlation between FGEQ.DE and VHYL.AS is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FGEQ.DE vs. VHYL.AS - Dividend Comparison

FGEQ.DE's dividend yield for the trailing twelve months is around 1.83%, less than VHYL.AS's 2.63% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGEQ.DE Fidelity Global Quality Income UCITS ETF Inc	1.83%	1.90%	2.24%	2.77%	2.81%	2.13%	2.29%	2.11%	2.41%	1.51%	0.00%	0.00%
VHYL.AS Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing	2.63%	2.85%	3.03%	3.40%	3.78%	3.03%	3.08%	3.24%	3.68%	3.13%	3.02%	3.25%

Drawdowns

FGEQ.DE vs. VHYL.AS - Drawdown Comparison

The maximum FGEQ.DE drawdown since its inception was -34.40%, roughly equal to the maximum VHYL.AS drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for FGEQ.DE and VHYL.AS.

Drawdown Indicators

	FGEQ.DE	VHYL.AS	Difference
Max Drawdown Largest peak-to-trough decline	-34.40%	-34.08%	-0.32%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	-13.19%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	-19.87%	-16.76%	-3.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.08%	—
Current Drawdown Current decline from peak	-3.64%	-3.41%	-0.23%
Average Drawdown Average peak-to-trough decline	-3.88%	-4.38%	+0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	1.51%	+0.30%

Volatility

FGEQ.DE vs. VHYL.AS - Volatility Comparison

Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS) have volatilities of 3.93% and 3.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGEQ.DE	VHYL.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	3.87%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	7.57%	6.99%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	14.64%	13.35%	+1.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.06%	11.58%	+1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.82%	13.66%	+1.16%