FSED.L vs. FSMG.L
Compare and contrast key facts about Fidelity Sustainable USD EM Bond UCITS ETF (FSED.L) and Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSMG.L).
FSED.L and FSMG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSED.L is a passively managed fund by Fidelity that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on Mar 25, 2021. FSMG.L is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Gbl Agg Corp TR USD. It was launched on Mar 23, 2021. Both FSED.L and FSMG.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.
Performance
FSED.L vs. FSMG.L - Performance Comparison
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FSED.L vs. FSMG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FSED.L Fidelity Sustainable USD EM Bond UCITS ETF | -1.58% | 614.00% | 880.11% | 1,904.36% | -220,916.75% | 112,089.39% |
FSMG.L Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD | 0.93% | 2.65% | 2.78% | 3.90% | -5.75% | 4.11% |
Returns By Period
In the year-to-date period, FSED.L achieves a -1.58% return, which is significantly lower than FSMG.L's 0.93% return.
FSED.L
- 1D
- 0.12%
- 1M
- -1.85%
- YTD
- -1.58%
- 6M
- -277.75%
- 1Y
- -462.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FSMG.L
- 1D
- 0.16%
- 1M
- -0.94%
- YTD
- 0.93%
- 6M
- 1.83%
- 1Y
- 3.87%
- 3Y*
- 3.18%
- 5Y*
- 1.55%
- 10Y*
- —
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FSED.L vs. FSMG.L - Expense Ratio Comparison
FSED.L has a 0.45% expense ratio, which is higher than FSMG.L's 0.25% expense ratio.
Return for Risk
FSED.L vs. FSMG.L — Risk / Return Rank
FSED.L
FSMG.L
FSED.L vs. FSMG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable USD EM Bond UCITS ETF (FSED.L) and Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSMG.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.
| FSED.L | FSMG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | — | 0.66 | — |
Sortino ratioReturn per unit of downside risk | -1.71 | 0.96 | -2.67 |
Omega ratioGain probability vs. loss probability | 0.06 | 1.12 | -1.06 |
Calmar ratioReturn relative to maximum drawdown | -1.68 | 0.94 | -2.62 |
Martin ratioReturn relative to average drawdown | -2.22 | 1.89 | -4.11 |
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
| FSED.L | FSMG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.66 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.22 | — |
Correlation
The correlation between FSED.L and FSMG.L is 0.76, 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.
Dividends
FSED.L vs. FSMG.L - Dividend Comparison
FSED.L's dividend yield for the trailing twelve months is around 501.05%, more than FSMG.L's 5.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FSED.L Fidelity Sustainable USD EM Bond UCITS ETF | 501.05% | 647.10% | 641.46% | 589.31% | 486.33% | 237.40% |
FSMG.L Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD | 5.91% | 4.83% | 5.10% | 4.67% | 2.87% | 1.10% |
Drawdowns
FSED.L vs. FSMG.L - Drawdown Comparison
The maximum FSED.L drawdown since its inception was -633.69%, which is greater than FSMG.L's maximum drawdown of -11.66%. Use the drawdown chart below to compare losses from any high point for FSED.L and FSMG.L.
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Drawdown Indicators
| FSED.L | FSMG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -633.69% | -11.66% | -622.03% |
Max Drawdown (1Y)Largest decline over 1 year | -275.01% | -4.12% | -270.89% |
Max Drawdown (5Y)Largest decline over 5 years | -633.69% | -11.66% | -622.03% |
Current DrawdownCurrent decline from peak | -269.31% | -1.77% | -267.54% |
Average DrawdownAverage peak-to-trough decline | -134.64% | -4.60% | -130.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 208.92% | 2.04% | +206.88% |
Volatility
FSED.L vs. FSMG.L - Volatility Comparison
Fidelity Sustainable USD EM Bond UCITS ETF (FSED.L) has a higher volatility of 2.65% compared to Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSMG.L) at 1.82%. This indicates that FSED.L's price experiences larger fluctuations and is considered to be riskier than FSMG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSED.L | FSMG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 1.82% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.33% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 434.41% | 6.14% | +428.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2,175.67% | 7.35% | +2,168.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2,173.09% | 7.35% | +2,165.74% |