FSCM.DE vs. FGLR.DE
FSCM.DE (Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD) and FGLR.DE (Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc) are both exchange-traded funds - FSCM.DE is a Global Corporate Bonds fund tracking the Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor, while FGLR.DE is a Global Equities fund tracking the Fidelity Sustainable Research Enhanced Global Equity. Both are passively managed. Over the past 5 years, FSCM.DE returned 1.06%/yr vs 11.73%/yr for FGLR.DE. At a 0.21 correlation, their price movements are largely independent. FSCM.DE charges 0.25%/yr vs 0.35%/yr for FGLR.DE.
Performance
FSCM.DE vs. FGLR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FSCM.DE achieves a 1.79% return, which is significantly lower than FGLR.DE's 9.94% return.
FSCM.DE
- 1D
- 0.12%
- 1M
- 1.02%
- YTD
- 1.79%
- 6M
- 1.29%
- 1Y
- 3.00%
- 3Y*
- 2.99%
- 5Y*
- 1.06%
- 10Y*
- —
FGLR.DE
- 1D
- 0.13%
- 1M
- 4.17%
- YTD
- 9.94%
- 6M
- 10.09%
- 1Y
- 22.01%
- 3Y*
- 15.71%
- 5Y*
- 11.73%
- 10Y*
- —
FSCM.DE vs. FGLR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FSCM.DE Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD | 1.79% | -2.57% | 6.58% | 5.69% | -10.75% | 5.55% |
FGLR.DE Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc | 9.94% | 5.43% | 24.62% | 20.29% | -14.52% | 21.45% |
Correlation
The correlation between FSCM.DE and FGLR.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2021 | 0.21 |
The correlation between FSCM.DE and FGLR.DE shifts across timeframes, from 0.21 (5 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FSCM.DE vs. FGLR.DE — Risk / Return Rank
FSCM.DE
FGLR.DE
FSCM.DE vs. FGLR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSCM.DE) and Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.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.
| FSCM.DE | FGLR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.35 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 3.00 | -1.83 |
| Martin ratioReturn relative to average drawdown | 2.93 | 11.73 | -8.80 |
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
| FSCM.DE | FGLR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 1.93 | -1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.82 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.96 | -0.82 |
Drawdowns
FSCM.DE vs. FGLR.DE - Drawdown Comparison
The maximum FSCM.DE drawdown since its inception was -12.64%, smaller than the maximum FGLR.DE drawdown of -22.47%. Use the drawdown chart below to compare losses from any high point for FSCM.DE and FGLR.DE.
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Drawdown Indicators
| FSCM.DE | FGLR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.64% | -22.47% | +9.83% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -7.30% | +4.73% |
Max Drawdown (3Y)Largest decline over 3 years | -8.72% | -22.47% | +13.75% |
Max Drawdown (5Y)Largest decline over 5 years | -12.64% | -22.47% | +9.83% |
Current DrawdownCurrent decline from peak | -3.15% | -0.15% | -3.00% |
Average DrawdownAverage peak-to-trough decline | -5.62% | -3.98% | -1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 1.87% | -0.84% |
Volatility
FSCM.DE vs. FGLR.DE - Volatility Comparison
The current volatility for Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSCM.DE) is 1.91%, while Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc (FGLR.DE) has a volatility of 2.51%. This indicates that FSCM.DE experiences smaller price fluctuations and is considered to be less risky than FGLR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSCM.DE | FGLR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 2.51% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 3.65% | 7.91% | -4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.88% | 11.33% | -6.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.88% | 14.21% | -7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.83% | 14.39% | -7.56% |
FSCM.DE vs. FGLR.DE - Expense Ratio Comparison
FSCM.DE has a 0.25% expense ratio, which is lower than FGLR.DE's 0.35% expense ratio.
Dividends
FSCM.DE vs. FGLR.DE - Dividend Comparison
FSCM.DE's dividend yield for the trailing twelve months is around 5.11%, while FGLR.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FGLR.DE Fidelity Sustainable Research Enhanced Global Equity UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSCM.DE Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD | 5.11% | 4.41% | 4.65% | 4.31% | 2.84% | 0.93% |
Frequently Asked Questions
FSCM.DE and FGLR.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FSCM.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FSCM.DE is cheaper with a 0.25% expense ratio, compared with 0.35% for FGLR.DE.
FSCM.DE is categorized as Global Corporate Bonds, while FGLR.DE is Global Equities. FSCM.DE tracks Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor, while FGLR.DE tracks Fidelity Sustainable Research Enhanced Global Equity. Their fees differ too: 0.25% for FSCM.DE and 0.35% for FGLR.DE.
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