FUSA.DE vs. ^GSPC
FUSA.DE (Fidelity US Quality Income UCITS ETF Acc) is Large Cap Value Equities fund tracking the Fidelity US Quality Income NR USD, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, FUSA.DE returned 12.41%/yr vs 12.53%/yr for ^GSPC. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
FUSA.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
FUSA.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, FUSA.DE achieves a 9.43% return, which is significantly lower than ^GSPC's 11.08% return.
FUSA.DE
- 1D
- -1.07%
- 1M
- 0.72%
- YTD
- 9.43%
- 6M
- 9.69%
- 1Y
- 22.62%
- 3Y*
- 15.25%
- 5Y*
- 12.41%
- 10Y*
- —
^GSPC
- 1D
- -0.08%
- 1M
- 0.13%
- YTD
- 11.08%
- 6M
- 9.99%
- 1Y
- 23.85%
- 3Y*
- 17.70%
- 5Y*
- 12.53%
- 10Y*
- 13.56%
FUSA.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FUSA.DE Fidelity US Quality Income UCITS ETF Acc | 9.43% | 3.92% | 24.24% | 14.25% | -5.68% | 37.59% | 1.53% | 35.33% | 0.00% | -3.08% |
^GSPC S&P 500 Index | 11.08% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 2.62% |
Correlation
The correlation between FUSA.DE and ^GSPC is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2017 | 0.57 |
The correlation between FUSA.DE and ^GSPC has been stable across timeframes, ranging from 0.54 to 0.61 - a consistent structural relationship.
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Return for Risk
FUSA.DE vs. ^GSPC — Risk / Return Rank
FUSA.DE
^GSPC
FUSA.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity US Quality Income UCITS ETF Acc (FUSA.DE) and S&P 500 Index (^GSPC). 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.
| FUSA.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.35 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 3.17 | +1.17 |
| Martin ratioReturn relative to average drawdown | 16.80 | 11.71 | +5.09 |
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Drawdowns
FUSA.DE vs. ^GSPC - Drawdown Comparison
The maximum FUSA.DE drawdown since its inception was -35.33%, smaller than the maximum ^GSPC drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for FUSA.DE and ^GSPC.
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Drawdown Indicators
| FUSA.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.33% | -51.62% | +16.29% |
Max Drawdown (1Y)Largest decline over 1 year | -5.20% | -7.57% | +2.37% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -23.99% | +2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -21.87% | -23.99% | +2.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -1.07% | -1.08% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -4.93% | -9.08% | +4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 2.04% | -0.70% |
Volatility
FUSA.DE vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity US Quality Income UCITS ETF Acc (FUSA.DE) is 2.78%, while S&P 500 Index (^GSPC) has a volatility of 3.97%. This indicates that FUSA.DE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FUSA.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 3.97% | -1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 6.87% | 9.16% | -2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.38% | 12.60% | -2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.95% | 16.86% | -2.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.18% | 18.61% | -1.43% |
Frequently Asked Questions
FUSA.DE and ^GSPC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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