FGLR.DE vs. EFV

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) and iShares MSCI EAFE Value ETF (EFV).

FGLR.DE and EFV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGLR.DE is a passively managed fund by Fidelity that tracks the performance of the Fidelity Sustainable Research Enhanced Global Equity. It was launched on May 27, 2020. EFV is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Value Index. It was launched on Aug 1, 2005. Both FGLR.DE and EFV 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

FGLR.DE vs. EFV - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) and iShares MSCI EAFE Value ETF (EFV). The values are adjusted to include any dividend payments, if applicable.

FGLR.DE vs. EFV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FGLR.DE Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc	-2.09%	5.43%	24.62%	20.29%	-14.52%	32.48%	11.79%
EFV iShares MSCI EAFE Value ETF	6.94%	25.35%	12.30%	15.29%	0.65%	19.39%	6.37%

Different Trading Currencies

FGLR.DE is traded in EUR, while EFV is traded in USD. To make them comparable, the EFV values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FGLR.DE achieves a -2.09% return, which is significantly lower than EFV's 6.94% return.

FGLR.DE

• 1D: 2.15%
• 1M: -3.08%
• YTD: -2.09%
• 6M: 0.96%
• 1Y: 10.27%
• 3Y*: 13.41%
• 5Y*: 9.67%
• 10Y*: —

EFV

• 1D: 0.11%
• 1M: -0.29%
• YTD: 6.94%
• 6M: 14.50%
• 1Y: 24.55%
• 3Y*: 18.20%
• 5Y*: 13.06%
• 10Y*: 9.61%

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

FGLR.DE vs. EFV - Expense Ratio Comparison

FGLR.DE has a 0.35% expense ratio, which is lower than EFV's 0.39% expense ratio.

EFV

iShares MSCI EAFE Value ETF

FGLR.DE

Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc

Return for Risk

FGLR.DE vs. EFV — Risk / Return Rank

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

FGLR.DE

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

EFV

EFV Risk / Return Rank: 87
EFV Sharpe Ratio Rank: 88
EFV Sortino Ratio Rank: 89
EFV Omega Ratio Rank: 89
EFV Calmar Ratio Rank: 85
EFV Martin Ratio Rank: 85

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.

FGLR.DE vs. EFV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) and iShares MSCI EAFE Value ETF (EFV). 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.

	FGLR.DE	EFV	Difference
Sharpe ratio Return per unit of total volatility	0.64	1.51	-0.87
Sortino ratio Return per unit of downside risk	0.96	2.05	-1.09
Omega ratio Gain probability vs. loss probability	1.14	1.33	-0.19
Calmar ratio Return relative to maximum drawdown	1.23	1.97	-0.74
Martin ratio Return relative to average drawdown	4.91	8.66	-3.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGLR.DE vs. EFV - Sharpe Ratio Comparison

The current FGLR.DE Sharpe Ratio is 0.64, which is lower than the EFV Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of FGLR.DE and EFV, 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

	FGLR.DE	EFV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	1.51	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.98	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.23	+0.60

Correlation

The correlation between FGLR.DE and EFV is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FGLR.DE vs. EFV - Dividend Comparison

FGLR.DE has not paid dividends to shareholders, while EFV's dividend yield for the trailing twelve months is around 3.96%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGLR.DE Fidelity Sustainable Research Enhanced Global Equity UCITS ETF 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%
EFV iShares MSCI EAFE Value ETF	3.96%	4.16%	4.66%	4.36%	4.17%	4.07%	2.42%	4.62%	4.56%	3.56%	3.28%	3.59%

Drawdowns

FGLR.DE vs. EFV - Drawdown Comparison

The maximum FGLR.DE drawdown since its inception was -22.47%, smaller than the maximum EFV drawdown of -60.36%. Use the drawdown chart below to compare losses from any high point for FGLR.DE and EFV.

Drawdown Indicators

	FGLR.DE	EFV	Difference
Max Drawdown Largest peak-to-trough decline	-22.47%	-63.94%	+41.47%
Max Drawdown (1Y) Largest decline over 1 year	-13.17%	-10.90%	-2.27%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	-25.84%	+3.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-43.16%	—
Current Drawdown Current decline from peak	-4.66%	-6.17%	+1.51%
Average Drawdown Average peak-to-trough decline	-4.08%	-14.92%	+10.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	2.95%	-0.80%

Volatility

FGLR.DE vs. EFV - Volatility Comparison

The current volatility for Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) is 4.24%, while iShares MSCI EAFE Value ETF (EFV) has a volatility of 5.69%. This indicates that FGLR.DE experiences smaller price fluctuations and is considered to be less risky than EFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGLR.DE	EFV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	5.69%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	8.50%	9.26%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	16.03%	16.36%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	13.36%	+0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.48%	16.72%	-2.24%