FGLR.DE vs. IQQ0.DE
FGLR.DE (Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc) and IQQ0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)) are both Global Equities funds - FGLR.DE tracks the Fidelity Sustainable Research Enhanced Global Equity while IQQ0.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, FGLR.DE returned 11.73%/yr vs 6.14%/yr for IQQ0.DE. A 0.68 correlation means they provide meaningful diversification when combined. FGLR.DE charges 0.35%/yr vs 0.30%/yr for IQQ0.DE.
Performance
FGLR.DE vs. IQQ0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FGLR.DE achieves a 9.94% return, which is significantly higher than IQQ0.DE's 1.59% return.
FGLR.DE
- 1D
- 0.13%
- 1M
- 4.17%
- YTD
- 9.94%
- 6M
- 10.09%
- 1Y
- 22.01%
- 3Y*
- 15.71%
- 5Y*
- 11.73%
- 10Y*
- —
IQQ0.DE
- 1D
- -0.02%
- 1M
- 1.50%
- YTD
- 1.59%
- 6M
- 1.72%
- 1Y
- -0.28%
- 3Y*
- 6.35%
- 5Y*
- 6.14%
- 10Y*
- 6.81%
FGLR.DE vs. IQQ0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FGLR.DE Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc | 9.94% | 5.43% | 24.62% | 20.29% | -14.52% | 32.48% | 11.79% |
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 1.59% | -1.26% | 17.64% | 3.73% | -4.34% | 24.26% | -0.86% |
Correlation
The correlation between FGLR.DE and IQQ0.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.68 |
Over the past year, the correlation between FGLR.DE and IQQ0.DE has dropped to 0.34 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FGLR.DE vs. IQQ0.DE — Risk / Return Rank
FGLR.DE
IQQ0.DE
FGLR.DE vs. IQQ0.DE - 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 Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.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.
| FGLR.DE | IQQ0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.97 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.00 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | -0.05 | +3.05 |
| Martin ratioReturn relative to average drawdown | 11.73 | -0.12 | +11.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FGLR.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | -0.04 | +1.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.60 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.76 | +0.20 |
Drawdowns
FGLR.DE vs. IQQ0.DE - Drawdown Comparison
The maximum FGLR.DE drawdown since its inception was -22.47%, smaller than the maximum IQQ0.DE drawdown of -28.65%. Use the drawdown chart below to compare losses from any high point for FGLR.DE and IQQ0.DE.
Loading charts...
Drawdown Indicators
| FGLR.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.47% | -28.65% | +6.18% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -5.22% | -2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -22.47% | -12.82% | -9.65% |
Max Drawdown (5Y)Largest decline over 5 years | -22.47% | -12.82% | -9.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.65% | — |
Current DrawdownCurrent decline from peak | -0.15% | -6.65% | +6.50% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -4.54% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.44% | -0.57% |
Volatility
FGLR.DE vs. IQQ0.DE - Volatility Comparison
Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) have volatilities of 2.51% and 2.53%, 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.
Loading charts...
Volatility by Period
| FGLR.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.51% | 2.53% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.91% | 5.36% | +2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 7.78% | +3.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 10.08% | +4.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.39% | 11.62% | +2.77% |
FGLR.DE vs. IQQ0.DE - Expense Ratio Comparison
FGLR.DE has a 0.35% expense ratio, which is higher than IQQ0.DE's 0.30% expense ratio.
Dividends
FGLR.DE vs. IQQ0.DE - Dividend Comparison
Neither FGLR.DE nor IQQ0.DE has paid dividends to shareholders.
Frequently Asked Questions
FGLR.DE and IQQ0.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQQ0.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQ0.DE is cheaper with a 0.30% expense ratio, compared with 0.35% for FGLR.DE.
FGLR.DE tracks Fidelity Sustainable Research Enhanced Global Equity, while IQQ0.DE tracks MSCI World Minimum Volatility. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.35% for FGLR.DE and 0.30% for IQQ0.DE.
Find the right allocation for FGLR.DE and IQQ0.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer