FUEL.AX vs. CORE.AX
FUEL.AX (Betashares Global Energy Companies Currency Hedged ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. FUEL.AX is passively managed, while CORE.AX is actively managed. Over the past year, FUEL.AX returned 30.85% vs 15.14% for CORE.AX. At a correlation of -0.01, they often move in opposite directions.
Performance
FUEL.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, FUEL.AX achieves a 24.46% return, which is significantly higher than CORE.AX's 4.95% return.
FUEL.AX
- 1D
- -0.73%
- 1M
- -0.67%
- 6M
- 17.84%
- YTD
- 24.46%
- 1Y
- 30.85%
- 3Y*
- 13.25%
- 5Y*
- 15.31%
- 10Y*
- 5.96%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FUEL.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FUEL.AX Betashares Global Energy Companies Currency Hedged ETF | 24.46% | 11.37% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between FUEL.AX and CORE.AX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | -0.01 |
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Return for Risk
FUEL.AX vs. CORE.AX — Risk / Return Rank
FUEL.AX
CORE.AX
FUEL.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Global Energy Companies Currency Hedged ETF (FUEL.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FUEL.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.28 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 1.68 | +0.73 |
| Martin ratioReturn relative to average drawdown | 7.20 | 4.54 | +2.66 |
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Drawdowns
FUEL.AX vs. CORE.AX - Drawdown Comparison
The maximum FUEL.AX drawdown since its inception was -65.66%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for FUEL.AX and CORE.AX.
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Drawdown Indicators
| FUEL.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.66% | -10.20% | -55.46% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -10.20% | -2.67% |
Max Drawdown (3Y)Largest decline over 3 years | -22.90% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.66% | — | — |
Current DrawdownCurrent decline from peak | -7.65% | -1.34% | -6.31% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -2.60% | -11.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.37% | — | — |
Volatility
FUEL.AX vs. CORE.AX - Volatility Comparison
Betashares Global Energy Companies Currency Hedged ETF (FUEL.AX) has a higher volatility of 5.70% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that FUEL.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FUEL.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 2.12% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 19.38% | 7.39% | +11.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.36% | 12.44% | +9.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.26% | 12.50% | +11.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 12.50% | +13.88% |
Dividends
FUEL.AX vs. CORE.AX - Dividend Comparison
FUEL.AX's dividend yield for the trailing twelve months is around 3.37%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FUEL.AX Betashares Global Energy Companies Currency Hedged ETF | 3.37% | 0.00% | 2.16% | 0.00% | 0.00% | 4.04% | 1.64% | 1.25% | 1.92% | 3.02% |
Frequently Asked Questions
FUEL.AX and CORE.AX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BetaShares and Schroder.
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