FGQD.L vs. XDEQ.L
Compare and contrast key facts about Fidelity Global Quality Income ETF (FGQD.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L).
FGQD.L and XDEQ.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. XDEQ.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 11, 2014. Both FGQD.L and XDEQ.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGQD.L or XDEQ.L.
Key characteristics
| FGQD.L | XDEQ.L | |
|---|---|---|
| YTD Return | 7.66% | 11.57% |
| 1Y Return | 18.92% | 27.63% |
| 3Y Return (Ann) | 11.09% | 12.52% |
| 5Y Return (Ann) | 12.23% | 13.61% |
| Sharpe Ratio | 1.94 | 2.45 |
| Daily Std Dev | 9.50% | 11.05% |
| Max Drawdown | -26.43% | -23.79% |
| Current Drawdown | 0.00% | -0.04% |
Correlation
The correlation between FGQD.L and XDEQ.L is 0.94, 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.
Performance
FGQD.L vs. XDEQ.L - Performance Comparison
In the year-to-date period, FGQD.L achieves a 7.66% return, which is significantly lower than XDEQ.L's 11.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FGQD.L vs. XDEQ.L - Expense Ratio Comparison
FGQD.L has a 0.40% expense ratio, which is higher than XDEQ.L's 0.25% expense ratio.
Risk-Adjusted Performance
FGQD.L vs. XDEQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Quality Income ETF (FGQD.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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.
Dividends
FGQD.L vs. XDEQ.L - Dividend Comparison
FGQD.L's dividend yield for the trailing twelve months is around 0.03%, while XDEQ.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FGQD.L Fidelity Global Quality Income ETF | 0.03% | 0.03% | 0.03% | 0.02% | 0.03% | 0.02% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% |
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
Drawdowns
FGQD.L vs. XDEQ.L - Drawdown Comparison
The maximum FGQD.L drawdown since its inception was -26.43%, which is greater than XDEQ.L's maximum drawdown of -23.79%. Use the drawdown chart below to compare losses from any high point for FGQD.L and XDEQ.L. For additional features, visit the drawdowns tool.
Volatility
FGQD.L vs. XDEQ.L - Volatility Comparison
The current volatility for Fidelity Global Quality Income ETF (FGQD.L) is 4.46%, while Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) has a volatility of 4.99%. This indicates that FGQD.L experiences smaller price fluctuations and is considered to be less risky than XDEQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.