FGQI.L vs. JEGP.L
FGQI.L (Fidelity Global Quality Income UCITS ETF (Inc) USD) and JEGP.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) are both Global Equity Income funds. FGQI.L is passively managed, while JEGP.L is actively managed. Over the past year, FGQI.L returned 24.94% vs 1.38% for JEGP.L. At a 0.29 correlation, their price movements are largely independent. FGQI.L charges 0.40%/yr vs 0.35%/yr for JEGP.L.
Performance
FGQI.L vs. JEGP.L - Performance Comparison
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Different Trading Currencies
FGQI.L is traded in USD, while JEGP.L is traded in GBp. To make them comparable, the JEGP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FGQI.L achieves a 9.49% return, which is significantly higher than JEGP.L's -2.11% return.
FGQI.L
- 1D
- 0.09%
- 1M
- 2.82%
- YTD
- 9.49%
- 6M
- 10.07%
- 1Y
- 24.94%
- 3Y*
- 17.81%
- 5Y*
- 10.69%
- 10Y*
- —
JEGP.L
- 1D
- 0.54%
- 1M
- 0.12%
- YTD
- -2.11%
- 6M
- -0.35%
- 1Y
- 1.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FGQI.L vs. JEGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FGQI.L Fidelity Global Quality Income UCITS ETF (Inc) USD | 9.49% | 20.05% | 11.82% | 5.16% |
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | -2.11% | 12.61% | 7.69% | 1.79% |
Correlation
The correlation between FGQI.L and JEGP.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023 | 0.29 |
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Return for Risk
FGQI.L vs. JEGP.L — Risk / Return Rank
FGQI.L
JEGP.L
FGQI.L vs. JEGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Quality Income UCITS ETF (Inc) USD (FGQI.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.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.
| FGQI.L | JEGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.89 | ||
| Sortino ratioReturn per unit of downside risk | +2.80 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.03 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 0.16 | +2.93 |
| Martin ratioReturn relative to average drawdown | 12.76 | 0.42 | +12.34 |
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
| FGQI.L | JEGP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 0.16 | +1.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.79 | -0.02 |
Drawdowns
FGQI.L vs. JEGP.L - Drawdown Comparison
The maximum FGQI.L drawdown since its inception was -35.04%, which is greater than JEGP.L's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for FGQI.L and JEGP.L.
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Drawdown Indicators
| FGQI.L | JEGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -8.54% | -26.50% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -8.54% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -15.80% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.08% | — | — |
Current DrawdownCurrent decline from peak | -0.09% | -7.69% | +7.60% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -1.59% | -2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 3.27% | -1.32% |
Volatility
FGQI.L vs. JEGP.L - Volatility Comparison
Fidelity Global Quality Income UCITS ETF (Inc) USD (FGQI.L) has a higher volatility of 3.28% compared to JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) at 2.80%. This indicates that FGQI.L's price experiences larger fluctuations and is considered to be riskier than JEGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGQI.L | JEGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 2.80% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 9.16% | 6.66% | +2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.18% | 8.52% | +3.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.99% | 9.97% | +5.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.77% | 9.97% | +5.80% |
FGQI.L vs. JEGP.L - Expense Ratio Comparison
FGQI.L has a 0.40% expense ratio, which is higher than JEGP.L's 0.35% expense ratio.
Dividends
FGQI.L vs. JEGP.L - Dividend Comparison
FGQI.L's dividend yield for the trailing twelve months is around 1.80%, less than JEGP.L's 8.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FGQI.L Fidelity Global Quality Income UCITS ETF (Inc) USD | 1.80% | 1.81% | 2.32% | 2.71% | 2.77% | 2.52% | 2.45% | 2.34% | 2.78% | 1.50% |
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | 8.82% | 8.01% | 6.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FGQI.L and JEGP.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEGP.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEGP.L is cheaper with a 0.35% expense ratio, compared with 0.40% for FGQI.L.
They also come from different issuers: Fidelity and JPMorgan. Their fees differ too: 0.40% for FGQI.L and 0.35% for JEGP.L.
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