FGLR.DE vs. UEEH.DE
FGLR.DE (Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc) and UEEH.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist) are both Global Equities funds - FGLR.DE tracks the Fidelity Sustainable Research Enhanced Global Equity while UEEH.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, FGLR.DE returned 11.73%/yr vs 5.98%/yr for UEEH.DE. A 0.67 correlation means they provide meaningful diversification when combined. FGLR.DE charges 0.35%/yr vs 0.30%/yr for UEEH.DE.
Performance
FGLR.DE vs. UEEH.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 UEEH.DE's 1.54% 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*
- —
UEEH.DE
- 1D
- -0.04%
- 1M
- 1.51%
- YTD
- 1.54%
- 6M
- 1.62%
- 1Y
- -0.54%
- 3Y*
- 6.19%
- 5Y*
- 5.98%
- 10Y*
- —
FGLR.DE vs. UEEH.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% | 8.24% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.54% | -1.55% | 17.56% | 3.56% | -4.40% | 23.98% | 0.94% |
Correlation
The correlation between FGLR.DE and UEEH.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
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 Aug 24, 2020 | 0.67 |
Over the past year, the correlation between FGLR.DE and UEEH.DE has dropped to 0.33 - well below their long-term average of 0.67, 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. UEEH.DE — Risk / Return Rank
FGLR.DE
UEEH.DE
FGLR.DE vs. UEEH.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 Dist (UEEH.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 | UEEH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.00 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | -0.10 | +3.10 |
| Martin ratioReturn relative to average drawdown | 11.73 | -0.22 | +11.95 |
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 | UEEH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | -0.07 | +2.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.59 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.65 | +0.32 |
Drawdowns
FGLR.DE vs. UEEH.DE - Drawdown Comparison
The maximum FGLR.DE drawdown since its inception was -22.47%, which is greater than UEEH.DE's maximum drawdown of -12.82%. Use the drawdown chart below to compare losses from any high point for FGLR.DE and UEEH.DE.
Loading charts...
Drawdown Indicators
| FGLR.DE | UEEH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.47% | -12.82% | -9.65% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -5.49% | -1.81% |
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% |
Current DrawdownCurrent decline from peak | -0.15% | -6.93% | +6.78% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -4.41% | +0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.52% | -0.65% |
Volatility
FGLR.DE vs. UEEH.DE - Volatility Comparison
Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) have volatilities of 2.51% and 2.62%, 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 | UEEH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.51% | 2.62% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 7.91% | 5.56% | +2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 7.88% | +3.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 10.11% | +4.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.39% | 10.26% | +4.13% |
FGLR.DE vs. UEEH.DE - Expense Ratio Comparison
FGLR.DE has a 0.35% expense ratio, which is higher than UEEH.DE's 0.30% expense ratio.
Dividends
FGLR.DE vs. UEEH.DE - Dividend Comparison
FGLR.DE has not paid dividends to shareholders, while UEEH.DE's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FGLR.DE Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.45% | 1.49% | 1.59% | 1.76% | 1.70% | 1.37% |
Frequently Asked Questions
FGLR.DE and UEEH.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEEH.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEEH.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 UEEH.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 UEEH.DE.
Find the right allocation for FGLR.DE and UEEH.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