FGLR.DE vs. VDIV.DE
FGLR.DE (Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc) and VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both Global Equities funds - FGLR.DE tracks the Fidelity Sustainable Research Enhanced Global Equity while VDIV.DE tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 5 years, FGLR.DE returned 11.73%/yr vs 17.51%/yr for VDIV.DE. A 0.66 correlation means they provide meaningful diversification when combined. FGLR.DE charges 0.35%/yr vs 0.38%/yr for VDIV.DE.
Performance
FGLR.DE vs. VDIV.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FGLR.DE having a 9.94% return and VDIV.DE slightly lower at 9.79%.
FGLR.DE
- 1D
- 0.13%
- 1M
- 4.17%
- YTD
- 9.94%
- 6M
- 10.09%
- 1Y
- 22.01%
- 3Y*
- 15.71%
- 5Y*
- 11.73%
- 10Y*
- —
VDIV.DE
- 1D
- 0.23%
- 1M
- 0.01%
- YTD
- 9.79%
- 6M
- 12.73%
- 1Y
- 25.64%
- 3Y*
- 19.95%
- 5Y*
- 17.51%
- 10Y*
- —
FGLR.DE vs. VDIV.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% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 9.79% | 24.55% | 15.67% | 11.47% | 15.47% | 27.92% | 5.92% |
Correlation
The correlation between FGLR.DE and VDIV.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
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 | 0.66 |
Over the past year, the correlation between FGLR.DE and VDIV.DE has dropped to 0.44 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
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Return for Risk
FGLR.DE vs. VDIV.DE — Risk / Return Rank
FGLR.DE
VDIV.DE
FGLR.DE vs. VDIV.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 VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.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 | VDIV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.51 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 6.94 | -3.93 |
| Martin ratioReturn relative to average drawdown | 11.73 | 20.46 | -8.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FGLR.DE | VDIV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 2.73 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 1.45 | -0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.94 | +0.02 |
Drawdowns
FGLR.DE vs. VDIV.DE - Drawdown Comparison
The maximum FGLR.DE drawdown since its inception was -22.47%, smaller than the maximum VDIV.DE drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for FGLR.DE and VDIV.DE.
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Drawdown Indicators
| FGLR.DE | VDIV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.47% | -36.12% | +13.65% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -3.68% | -3.62% |
Max Drawdown (3Y)Largest decline over 3 years | -22.47% | -15.12% | -7.35% |
Max Drawdown (5Y)Largest decline over 5 years | -22.47% | -15.12% | -7.35% |
Current DrawdownCurrent decline from peak | -0.15% | -2.39% | +2.24% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -4.22% | +0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 1.25% | +0.62% |
Volatility
FGLR.DE vs. VDIV.DE - Volatility Comparison
The current volatility for Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) is 2.51%, while VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) has a volatility of 2.82%. This indicates that FGLR.DE experiences smaller price fluctuations and is considered to be less risky than VDIV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGLR.DE | VDIV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.51% | 2.82% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 7.91% | 6.79% | +1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 9.36% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 11.92% | +2.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.39% | 15.36% | -0.97% |
FGLR.DE vs. VDIV.DE - Expense Ratio Comparison
FGLR.DE has a 0.35% expense ratio, which is lower than VDIV.DE's 0.38% expense ratio.
Dividends
FGLR.DE vs. VDIV.DE - Dividend Comparison
FGLR.DE has not paid dividends to shareholders, while VDIV.DE's dividend yield for the trailing twelve months is around 3.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.19% | 3.58% | 4.19% | 4.97% | 4.56% | 3.97% | 4.11% | 4.35% | 0.91% |
Frequently Asked Questions
FGLR.DE and VDIV.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FGLR.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FGLR.DE is cheaper with a 0.35% expense ratio, compared with 0.38% for VDIV.DE.
FGLR.DE tracks Fidelity Sustainable Research Enhanced Global Equity, while VDIV.DE tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: Fidelity and VanEck. Their fees differ too: 0.35% for FGLR.DE and 0.38% for VDIV.DE.
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