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FGQD.L vs. GGRA.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FGQD.L vs. GGRA.L

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Global Quality Income ETF (FGQD.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L).

FGQD.L and GGRA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGQD.L is a passively managed fund by Fidelity that tracks the performance of the Fidelity Global Quality Income index. It was launched on Mar 27, 2017. GGRA.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global Developed Quality Dividend Growth. It was launched on Jan 31, 2024. Both FGQD.L and GGRA.L 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

FGQD.L vs. GGRA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Fidelity Global Quality Income ETF (FGQD.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L). The values are adjusted to include any dividend payments, if applicable.

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FGQD.L vs. GGRA.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FGQD.L
Fidelity Global Quality Income ETF		1.77%11.78%13.21%11.51%-0.25%23.78%6.42%23.83%-2.30%7.82%
GGRA.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc		-1.85%7.92%10.84%12.48%-3.38%20.53%13.05%29.83%-5.91%11.19%
Different Trading Currencies

FGQD.L is traded in GBp, while GGRA.L is traded in USD. To make them comparable, the GGRA.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, FGQD.L achieves a 1.77% return, which is significantly higher than GGRA.L's -1.85% return.

FGQD.L

1D
1.53%
1M
-4.09%
YTD
1.77%
6M
5.42%
1Y
18.14%
3Y*
12.29%
5Y*
10.75%
10Y*
—

GGRA.L

1D
2.51%
1M
-4.40%
YTD
-1.85%
6M
1.85%
1Y
9.21%
3Y*
8.44%
5Y*
8.47%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Global Quality Income ETF

WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc

Often compared with FGQD.L:
FGQD.L vs. GGRP.LFGQD.L vs. SCHDFGQD.L vs. IMID.LFGQD.L vs. GGRG.LFGQD.L vs. TDIV.ASFGQD.L vs. XDEB.DEFGQD.L vs. FUSD.L
Often compared with GGRA.L:
GGRA.L vs. XMAW.LGGRA.L vs. IWFQ.LGGRA.L vs. JPGL.LGGRA.L vs. DFIVGGRA.L vs. QQQGGRA.L vs. SCHDGGRA.L vs. IMID.L

FGQD.L vs. GGRA.L - Expense Ratio Comparison

FGQD.L has a 0.40% expense ratio, which is higher than GGRA.L's 0.38% expense ratio.

FGQD.L
Fidelity Global Quality Income ETF
GGRA.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc

Return for Risk

FGQD.L vs. GGRA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FGQD.L
FGQD.L Risk / Return Rank: 7777
Overall Rank
FGQD.L Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FGQD.L Sortino Ratio Rank: 7171
Sortino Ratio Rank
FGQD.L Omega Ratio Rank: 7575
Omega Ratio Rank
FGQD.L Calmar Ratio Rank: 8383
Calmar Ratio Rank
FGQD.L Martin Ratio Rank: 8383
Martin Ratio Rank
GGRA.L
GGRA.L Risk / Return Rank: 4343
Overall Rank
GGRA.L Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
GGRA.L Sortino Ratio Rank: 4242
Sortino Ratio Rank
GGRA.L Omega Ratio Rank: 4242
Omega Ratio Rank
GGRA.L Calmar Ratio Rank: 4242
Calmar Ratio Rank
GGRA.L Martin Ratio Rank: 4646
Martin Ratio Rank
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.

FGQD.L vs. GGRA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Quality Income ETF (FGQD.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L). 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.

FGQD.LGGRA.LDifference

Sharpe ratio

Return per unit of total volatility

1.38

0.67

+0.71

Sortino ratio

Return per unit of downside risk

1.84

1.01

+0.84

Omega ratio

Gain probability vs. loss probability

1.29

1.14

+0.16

Calmar ratio

Return relative to maximum drawdown

2.52

1.19

+1.33

Martin ratio

Return relative to average drawdown

9.89

4.51

+5.38

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGQD.L vs. GGRA.L - Sharpe Ratio Comparison

The current FGQD.L Sharpe Ratio is 1.38, which is higher than the GGRA.L Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of FGQD.L and GGRA.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

FGQD.LGGRA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.38

0.67

+0.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.88

0.64

+0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.80

0.81

-0.01

Correlation

The correlation between FGQD.L and GGRA.L is 0.75, 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

FGQD.L vs. GGRA.L - Dividend Comparison

FGQD.L's dividend yield for the trailing twelve months is around 1.81%, while GGRA.L has not paid dividends to shareholders.

TTM202520242023202220212020201920182017
FGQD.L
Fidelity Global Quality Income ETF		1.81%1.87%2.31%2.78%2.69%2.46%2.60%2.44%2.70%1.56%
GGRA.L
WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FGQD.L vs. GGRA.L - Drawdown Comparison

The maximum FGQD.L drawdown since its inception was -26.43%, which is greater than GGRA.L's maximum drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for FGQD.L and GGRA.L.

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Drawdown Indicators

FGQD.LGGRA.LDifference

Max Drawdown

Largest peak-to-trough decline

-26.43%

-30.94%

+4.51%

Max Drawdown (1Y)

Largest decline over 1 year

-10.57%

-10.23%

-0.34%

Max Drawdown (5Y)

Largest decline over 5 years

-16.90%

-24.35%

+7.45%

Current Drawdown

Current decline from peak

-4.12%

-7.08%

+2.96%

Average Drawdown

Average peak-to-trough decline

-2.94%

-4.33%

+1.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.77%

2.52%

-0.75%

Volatility

FGQD.L vs. GGRA.L - Volatility Comparison

The current volatility for Fidelity Global Quality Income ETF (FGQD.L) is 3.39%, while WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRA.L) has a volatility of 5.57%. This indicates that FGQD.L experiences smaller price fluctuations and is considered to be less risky than GGRA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FGQD.LGGRA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.39%

5.57%

-2.18%

Volatility (6M)

Calculated over the trailing 6-month period

7.05%

8.70%

-1.65%

Volatility (1Y)

Calculated over the trailing 1-year period

13.16%

13.78%

-0.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.16%

13.26%

-1.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.72%

14.62%

+0.10%