FUQA.L vs. IGM

Last updated Jun 16, 2026

FUQA.L (Fidelity US Quality Income ETF Acc) and IGM (iShares Expanded Tech Sector ETF) are both exchange-traded funds - FUQA.L is a Large Cap Blend Equities fund tracking the Fidelity US Quality Income Index, while IGM is a Technology Equities fund tracking the S&P North American Expanded Technology Sector Index. Both are passively managed. Over the past 5 years, FUQA.L returned 12.98%/yr vs 21.98%/yr for IGM. At a 0.43 correlation, their price movements are largely independent. FUQA.L charges 0.25%/yr vs 0.39%/yr for IGM.

Performance

FUQA.L vs. IGM - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Fidelity US Quality Income ETF Acc (FUQA.L) and iShares Expanded Tech Sector ETF (IGM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FUQA.L is traded in GBp, while IGM is traded in USD. To make them comparable, the IGM values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, FUQA.L achieves a 8.87% return, which is significantly lower than IGM's 28.48% return.

FUQA.L

• 1D: 0.81%
• 1M: 1.64%
• YTD: 8.87%
• 6M: 8.75%
• 1Y: 25.38%
• 3Y*: 15.18%
• 5Y*: 12.98%
• 10Y*: —

IGM

• 1D: 3.57%
• 1M: 6.37%
• YTD: 28.48%
• 6M: 28.93%
• 1Y: 58.00%
• 3Y*: 34.46%
• 5Y*: 21.98%
• 10Y*: 25.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FUQA.L vs. IGM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUQA.L Fidelity US Quality Income ETF Acc	8.87%	8.56%	19.50%	11.85%	-0.00%	27.82%	8.23%	27.23%	1.10%	-13.91%
IGM iShares Expanded Tech Sector ETF	28.48%	17.73%	39.39%	52.65%	-28.21%	26.91%	40.84%	36.41%	8.32%	14.51%

Correlation

The correlation between FUQA.L and IGM is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 27, 2017	0.43

FUQA.L vs. IGM - Sectors Allocation Comparison

Sectors	FUQA.L	IGM
Technology	35.0%	85.2%
Financial Services	12.6%	0.3%
Communication Services	10.6%	13.9%
Consumer Cyclical	9.3%	0.0%
Healthcare	9.1%	-
Industrials	8.8%	0.3%
Consumer Defensive	4.5%	-
Energy	3.5%	0.2%
Utilities	2.3%	-
Basic Materials	2.2%	-
Real Estate	2.1%	-

Return for Risk

FUQA.L vs. IGM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FUQA.L

FUQA.L Risk / Return Rank: 87
FUQA.L Sharpe Ratio Rank: 88
FUQA.L Sortino Ratio Rank: 88
FUQA.L Omega Ratio Rank: 88
FUQA.L Calmar Ratio Rank: 84
FUQA.L Martin Ratio Rank: 87

IGM

IGM Risk / Return Rank: 78
IGM Sharpe Ratio Rank: 87
IGM Sortino Ratio Rank: 79
IGM Omega Ratio Rank: 80
IGM Calmar Ratio Rank: 74
IGM Martin Ratio Rank: 70

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.

FUQA.L vs. IGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity US Quality Income ETF Acc (FUQA.L) and iShares Expanded Tech Sector ETF (IGM). 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.

	FUQA.L	IGM	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.75	-0.10
Sortino ratio: Return per unit of downside risk	3.67	3.32	+0.35
Omega ratio: Gain probability vs. loss probability	1.50	1.46	+0.04
Calmar ratio: Return relative to maximum drawdown	4.20	3.56	+0.64
Martin ratio: Return relative to average drawdown	16.84	10.31	+6.53

FUQA.L vs. IGM - Sharpe Ratio Comparison

The current FUQA.L Sharpe Ratio is 2.66, which is comparable to the IGM Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of FUQA.L and IGM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FUQA.L vs. IGM - Drawdown Comparison

The maximum FUQA.L drawdown since its inception was -27.34%, smaller than the maximum IGM drawdown of -36.72%. Use the drawdown chart below to compare losses from any high point for FUQA.L and IGM.

Drawdown Indicators

	FUQA.L	IGM	Difference
Max Drawdown Largest peak-to-trough decline	-27.34%	-36.72%	+9.38%
Max Drawdown (1Y) Largest decline over 1 year	-6.01%	-16.37%	+10.36%
Max Drawdown (3Y) Largest decline over 3 years	-20.49%	-28.73%	+8.24%
Max Drawdown (5Y) Largest decline over 5 years	-20.49%	-32.01%	+11.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.01%	—
Current Drawdown Current decline from peak	0.00%	-3.03%	+3.03%
Average Drawdown Average peak-to-trough decline	-7.10%	-6.39%	-0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	5.64%	-4.14%

Volatility

FUQA.L vs. IGM - Volatility Comparison

The current volatility for Fidelity US Quality Income ETF Acc (FUQA.L) is 2.80%, while iShares Expanded Tech Sector ETF (IGM) has a volatility of 9.94%. This indicates that FUQA.L experiences smaller price fluctuations and is considered to be less risky than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUQA.L	IGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	9.94%	-7.14%
Volatility (6M) Calculated over the trailing 6-month period	6.75%	16.99%	-10.24%
Volatility (1Y) Calculated over the trailing 1-year period	9.53%	21.20%	-11.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.12%	24.59%	-5.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.44%	24.45%	-2.01%

FUQA.L vs. IGM - Expense Ratio Comparison

FUQA.L has a 0.25% expense ratio, which is lower than IGM's 0.39% expense ratio.

Dividends

FUQA.L vs. IGM - Dividend Comparison

FUQA.L has not paid dividends to shareholders, while IGM's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUQA.L Fidelity US Quality Income 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%
IGM iShares Expanded Tech Sector ETF	0.17%	0.17%	0.22%	0.33%	0.66%	0.16%	0.32%	0.50%	0.57%	0.57%	0.90%	0.79%

Frequently Asked Questions

Can I hold both FUQA.L and IGM in my portfolio?

FUQA.L and IGM have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FUQA.L or IGM?

On fees, FUQA.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FUQA.L or IGM?

FUQA.L is cheaper with a 0.25% expense ratio, compared with 0.39% for IGM.

What is the main difference between FUQA.L and IGM?

FUQA.L is categorized as Large Cap Blend Equities, while IGM is Technology Equities. FUQA.L tracks Fidelity US Quality Income Index, while IGM tracks S&P North American Expanded Technology Sector Index. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.25% for FUQA.L and 0.39% for IGM.