FGQD.L vs. SGAS.DE
FGQD.L (Fidelity Global Quality Income ETF) and SGAS.DE (iShares MSCI USA ESG Screened UCITS ETF USD (Acc)) are both exchange-traded funds - FGQD.L is a Global Equities fund tracking the Fidelity Global Quality Income index, while SGAS.DE is a Large Cap Blend Equities fund tracking the MSCI USA ESG Screened. Both are passively managed. Over the past 5 years, FGQD.L returned 11.84%/yr vs 14.93%/yr for SGAS.DE. Their correlation of 0.85 suggests significant overlap in exposure. FGQD.L charges 0.40%/yr vs 0.07%/yr for SGAS.DE.
Performance
FGQD.L vs. SGAS.DE - Performance Comparison
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Different Trading Currencies
FGQD.L is traded in GBp, while SGAS.DE is traded in EUR. To make them comparable, the SGAS.DE 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 10.74% return, which is significantly higher than SGAS.DE's 10.02% return.
FGQD.L
- 1D
- 0.92%
- 1M
- 2.70%
- YTD
- 10.74%
- 6M
- 10.84%
- 1Y
- 27.46%
- 3Y*
- 15.11%
- 5Y*
- 11.84%
- 10Y*
- —
SGAS.DE
- 1D
- 1.80%
- 1M
- 1.20%
- YTD
- 10.02%
- 6M
- 10.58%
- 1Y
- 29.14%
- 3Y*
- 19.99%
- 5Y*
- 14.93%
- 10Y*
- —
FGQD.L vs. SGAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FGQD.L Fidelity Global Quality Income ETF | 10.74% | 12.15% | 13.21% | 11.51% | -0.25% | 23.78% | 6.42% | 23.83% | -5.25% |
SGAS.DE iShares MSCI USA ESG Screened UCITS ETF USD (Acc) | 10.02% | 10.64% | 28.04% | 23.82% | -12.48% | 29.78% | 16.88% | 28.31% | -18.96% |
Correlation
The correlation between FGQD.L and SGAS.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2018 | 0.85 |
The correlation between FGQD.L and SGAS.DE has been stable across timeframes, ranging from 0.76 to 0.85 - a consistent structural relationship.
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Return for Risk
FGQD.L vs. SGAS.DE — Risk / Return Rank
FGQD.L
SGAS.DE
FGQD.L vs. SGAS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Quality Income ETF (FGQD.L) and iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FGQD.L | SGAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.42 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 3.26 | +0.52 |
| Martin ratioReturn relative to average drawdown | 17.00 | 11.18 | +5.83 |
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Drawdowns
FGQD.L vs. SGAS.DE - Drawdown Comparison
The maximum FGQD.L drawdown since its inception was -26.43%, roughly equal to the maximum SGAS.DE drawdown of -26.07%. Use the drawdown chart below to compare losses from any high point for FGQD.L and SGAS.DE.
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Drawdown Indicators
| FGQD.L | SGAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.43% | -26.07% | -0.36% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -8.89% | +1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.90% | -23.43% | +6.53% |
Max Drawdown (5Y)Largest decline over 5 years | -16.90% | -23.43% | +6.53% |
Current DrawdownCurrent decline from peak | 0.00% | -0.52% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -5.63% | -4.73% | -0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 2.60% | -0.99% |
Volatility
FGQD.L vs. SGAS.DE - Volatility Comparison
The current volatility for Fidelity Global Quality Income ETF (FGQD.L) is 3.04%, while iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.DE) has a volatility of 3.98%. This indicates that FGQD.L experiences smaller price fluctuations and is considered to be less risky than SGAS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGQD.L | SGAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 3.98% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 7.57% | 8.75% | -1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.81% | 12.38% | -2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.22% | 15.66% | -3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.46% | 17.79% | -2.33% |
FGQD.L vs. SGAS.DE - Expense Ratio Comparison
FGQD.L has a 0.40% expense ratio, which is higher than SGAS.DE's 0.07% expense ratio.
Dividends
FGQD.L vs. SGAS.DE - Dividend Comparison
FGQD.L's dividend yield for the trailing twelve months is around 1.80%, while SGAS.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FGQD.L Fidelity Global Quality Income ETF | 1.80% | 1.86% | 2.31% | 2.78% | 2.70% | 2.46% | 2.60% | 2.44% | 2.70% | 1.10% |
SGAS.DE iShares MSCI USA ESG Screened UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FGQD.L and SGAS.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGAS.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGAS.DE is cheaper with a 0.07% expense ratio, compared with 0.40% for FGQD.L.
FGQD.L is categorized as Global Equities, while SGAS.DE is Large Cap Blend Equities. FGQD.L tracks Fidelity Global Quality Income index, while SGAS.DE tracks MSCI USA ESG Screened. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.40% for FGQD.L and 0.07% for SGAS.DE.
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