FSMG.L vs. CRPU.L
Compare and contrast key facts about Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSMG.L) and iShares Global Corporate Bond USD Hedged UCITS ETF (CRPU.L).
FSMG.L and CRPU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CRPU.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Gbl Agg Corp 0901 TR Hdg USD. It was launched on Aug 9, 2017. Both FSMG.L and CRPU.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
FSMG.L vs. CRPU.L - Performance Comparison
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FSMG.L vs. CRPU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
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% |
CRPU.L iShares Global Corporate Bond USD Hedged UCITS ETF | 1.36% | -1.12% | 5.83% | 3.21% | -3.89% | 4.30% |
Different Trading Currencies
FSMG.L is traded in GBP, while CRPU.L is traded in USD. To make them comparable, the CRPU.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, FSMG.L achieves a 0.93% return, which is significantly lower than CRPU.L's 1.36% return.
FSMG.L
- 1D
- 0.16%
- 1M
- -0.94%
- YTD
- 0.93%
- 6M
- 1.83%
- 1Y
- 3.87%
- 3Y*
- 3.18%
- 5Y*
- 1.55%
- 10Y*
- —
CRPU.L
- 1D
- 0.22%
- 1M
- -0.01%
- YTD
- 1.36%
- 6M
- 2.33%
- 1Y
- 1.98%
- 3Y*
- 2.82%
- 5Y*
- 1.86%
- 10Y*
- —
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FSMG.L vs. CRPU.L - Expense Ratio Comparison
Both FSMG.L and CRPU.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
FSMG.L vs. CRPU.L — Risk / Return Rank
FSMG.L
CRPU.L
FSMG.L vs. CRPU.L - 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 (FSMG.L) and iShares Global Corporate Bond USD Hedged UCITS ETF (CRPU.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.
| FSMG.L | CRPU.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | 0.27 | +0.40 |
Sortino ratioReturn per unit of downside risk | 0.96 | 0.41 | +0.54 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.05 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.94 | 0.50 | +0.44 |
Martin ratioReturn relative to average drawdown | 1.89 | 0.97 | +0.92 |
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
| FSMG.L | CRPU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 0.27 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.21 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.25 | -0.02 |
Correlation
The correlation between FSMG.L and CRPU.L is 0.72, 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
FSMG.L vs. CRPU.L - Dividend Comparison
FSMG.L's dividend yield for the trailing twelve months is around 5.91%, while CRPU.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
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% |
CRPU.L iShares Global Corporate Bond USD Hedged UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSMG.L vs. CRPU.L - Drawdown Comparison
The maximum FSMG.L drawdown since its inception was -11.66%, smaller than the maximum CRPU.L drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for FSMG.L and CRPU.L.
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Drawdown Indicators
| FSMG.L | CRPU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.66% | -19.78% | +8.12% |
Max Drawdown (1Y)Largest decline over 1 year | -4.12% | -3.06% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -11.66% | -19.78% | +8.12% |
Current DrawdownCurrent decline from peak | -1.77% | -1.66% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -4.60% | -4.58% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 0.79% | +1.25% |
Volatility
FSMG.L vs. CRPU.L - Volatility Comparison
The current volatility for Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF INC-USD (FSMG.L) is 1.82%, while iShares Global Corporate Bond USD Hedged UCITS ETF (CRPU.L) has a volatility of 2.75%. This indicates that FSMG.L experiences smaller price fluctuations and is considered to be less risky than CRPU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSMG.L | CRPU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 2.75% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 4.33% | 5.12% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.14% | 7.44% | -1.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.35% | 8.87% | -1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.35% | 9.04% | -1.69% |