PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FPXS.L vs. UB20.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FPXS.L vs. UB20.L

Last updated Jun 5, 2026

FPXS.L (Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc) and UB20.L (UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis) are both Asia Pacific Equities funds tracking the MSCI Pacific Ex Japan NR USD, from Fidelity and UBS respectively. Both are passively managed. Over the past 5 years, FPXS.L returned 5.50%/yr vs 6.00%/yr for UB20.L. A 0.80 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.

Performance

FPXS.L vs. UB20.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc (FPXS.L) and UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis (UB20.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

FPXS.L is traded in GBP, while UB20.L is traded in GBp. To make them comparable, the UB20.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, FPXS.L achieves a 6.75% return, which is significantly lower than UB20.L's 8.88% return.

FPXS.L

1D
-0.90%
1M
0.81%
YTD
6.75%
6M
7.69%
1Y
15.31%
3Y*
9.24%
5Y*
5.50%
10Y*
—

UB20.L

1D
-0.89%
1M
0.41%
YTD
8.88%
6M
9.55%
1Y
17.52%
3Y*
10.59%
5Y*
6.00%
10Y*
8.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FPXS.L vs. UB20.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
FPXS.L
Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc		6.75%11.73%5.79%0.21%5.01%6.21%0.87%
UB20.L
UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis		8.88%12.00%6.98%-0.60%5.80%5.29%0.61%

Correlation

The correlation between FPXS.L and UB20.L is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.89

Correlation (3Y)
Calculated over the trailing 3-year period

0.92

Correlation (5Y)
Calculated over the trailing 5-year period

0.79

Correlation (All Time)
Calculated using the full available price history since Dec 8, 2020

0.80

The correlation between FPXS.L and UB20.L shifts across timeframes, from 0.79 (5 years) to 0.92 (3 years), reflecting how their relationship changes across market environments.

FPXS.L vs. UB20.L - Sectors Allocation Comparison

Sectors
FPXS.L
UB20.L

Financial Services

47.7%
46.1%

Basic Materials

15.5%
14.6%

Industrials

9.0%
8.5%

Real Estate

6.7%
7.8%

Consumer Cyclical

5.7%
6.0%

Energy

3.8%
2.9%

Consumer Defensive

3.6%
3.0%

Healthcare

2.9%
3.7%

Communication Services

2.8%
2.7%

Utilities

2.2%
3.6%

Technology

0.2%
1.1%

Financial Services

FPXS.L
47.7%
UB20.L
46.1%

Basic Materials

FPXS.L
15.5%
UB20.L
14.6%

Industrials

FPXS.L
9.0%
UB20.L
8.5%

Real Estate

FPXS.L
6.7%
UB20.L
7.8%

Consumer Cyclical

FPXS.L
5.7%
UB20.L
6.0%

Energy

FPXS.L
3.8%
UB20.L
2.9%

Consumer Defensive

FPXS.L
3.6%
UB20.L
3.0%

Healthcare

FPXS.L
2.9%
UB20.L
3.7%

Communication Services

FPXS.L
2.8%
UB20.L
2.7%

Utilities

FPXS.L
2.2%
UB20.L
3.6%

Technology

FPXS.L
0.2%
UB20.L
1.1%

Compare stocks, funds, or ETFs

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

Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc

UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis

Often compared with FPXS.L:
FPXS.L vs. FUSS.LFPXS.L vs. IKOR.LFPXS.L vs. FUSA.LFPXS.L vs. HKOR.LFPXS.L vs. HMXJ.LFPXS.L vs. FEMD.LFPXS.L vs. CSKR.L
Often compared with UB20.L:
UB20.L vs. EQQQ.LUB20.L vs. XKS2.LUB20.L vs. UC44.LUB20.L vs. FRIN.LUB20.L vs. ASDV.LUB20.L vs. HMEF.LUB20.L vs. IAPD.L

Return for Risk

FPXS.L vs. UB20.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FPXS.L
FPXS.L Risk / Return Rank: 3737
Overall Rank
FPXS.L Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
FPXS.L Sortino Ratio Rank: 3737
Sortino Ratio Rank
FPXS.L Omega Ratio Rank: 3535
Omega Ratio Rank
FPXS.L Calmar Ratio Rank: 3939
Calmar Ratio Rank
FPXS.L Martin Ratio Rank: 3636
Martin Ratio Rank
UB20.L
UB20.L Risk / Return Rank: 4848
Overall Rank
UB20.L Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
UB20.L Sortino Ratio Rank: 5151
Sortino Ratio Rank
UB20.L Omega Ratio Rank: 4646
Omega Ratio Rank
UB20.L Calmar Ratio Rank: 5050
Calmar Ratio Rank
UB20.L Martin Ratio Rank: 4747
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.

FPXS.L vs. UB20.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc (FPXS.L) and UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis (UB20.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.

FPXS.LUB20.LDifference
Sharpe ratioReturn per unit of total volatility
1.28
1.62

-0.34

Sortino ratioReturn per unit of downside risk
1.88
2.42

-0.53

Omega ratioGain probability vs. loss probability

1.23

1.29

-0.06

Calmar ratioReturn relative to maximum drawdown

1.88

2.46

-0.58

Martin ratioReturn relative to average drawdown

5.41

7.51

-2.10

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

FPXS.L vs. UB20.L - Sharpe Ratio Comparison

The current FPXS.L Sharpe Ratio is 1.28, which is comparable to the UB20.L Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FPXS.L and UB20.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

FPXS.LUB20.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.28

1.62

-0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.47

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.66

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.68

-0.21

Drawdowns

FPXS.L vs. UB20.L - Drawdown Comparison

The maximum FPXS.L drawdown since its inception was -18.15%, smaller than the maximum UB20.L drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for FPXS.L and UB20.L.

Loading charts...

Drawdown Indicators

FPXS.LUB20.LDifference

Max Drawdown

Largest peak-to-trough decline

-18.15%

-30.04%

+11.89%

Max Drawdown (1Y)

Largest decline over 1 year

-8.11%

-7.32%

-0.79%

Max Drawdown (3Y)

Largest decline over 3 years

-18.15%

-17.80%

-0.35%

Max Drawdown (5Y)

Largest decline over 5 years

-18.15%

-17.80%

-0.35%

Max Drawdown (10Y)

Largest decline over 10 years

—

-30.04%

—

Current Drawdown

Current decline from peak

-3.48%

-3.03%

-0.45%

Average Drawdown

Average peak-to-trough decline

-5.10%

-5.59%

+0.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.83%

2.37%

+0.46%

Volatility

FPXS.L vs. UB20.L - Volatility Comparison

Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc (FPXS.L) and UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis (UB20.L) have volatilities of 3.82% and 3.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FPXS.LUB20.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.82%

3.70%

+0.12%

Volatility (6M)

Calculated over the trailing 6-month period

9.36%

8.48%

+0.88%

Volatility (1Y)

Calculated over the trailing 1-year period

11.97%

11.12%

+0.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.19%

15.34%

-1.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.04%

18.15%

-4.11%

FPXS.L vs. UB20.L - Expense Ratio Comparison

Both FPXS.L and UB20.L have an expense ratio of 0.30%.

Dividends

FPXS.L vs. UB20.L - Dividend Comparison

FPXS.L has not paid dividends to shareholders, while UB20.L's dividend yield for the trailing twelve months is around 2.93%.

PositionTTM20252024202320222021202020192018201720162015
FPXS.L
Fidelity Sustainable Research Enhanced Pacific ex-Japan Equity UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
UB20.L
UBS ETF (LU) MSCI Pacific (ex Japan) UCITS ETF (USD) A-dis		2.93%3.86%3.26%3.97%3.64%2.60%3.05%4.03%4.36%3.43%4.00%5.16%

Frequently Asked Questions

FPXS.L and UB20.L have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

FPXS.L and UB20.L have the same expense ratio: 0.30% per year.

Both ETFs track MSCI Pacific Ex Japan NR USD. They also come from different issuers: Fidelity and UBS.

Portfolio Optimizer

Find the right allocation for FPXS.L and UB20.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer