FUSA.DE vs. VGWE.DE
FUSA.DE (Fidelity US Quality Income UCITS ETF Acc) and VGWE.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc) are both exchange-traded funds - FUSA.DE is a Large Cap Value Equities fund tracking the Fidelity US Quality Income NR USD, while VGWE.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 5 years, FUSA.DE returned 12.41%/yr vs 12.01%/yr for VGWE.DE. A 0.79 correlation means they provide meaningful diversification when combined. FUSA.DE charges 0.30%/yr vs 0.29%/yr for VGWE.DE.
Performance
FUSA.DE vs. VGWE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FUSA.DE achieves a 9.43% return, which is significantly lower than VGWE.DE's 15.22% 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*
- —
VGWE.DE
- 1D
- 0.49%
- 1M
- 2.61%
- YTD
- 15.22%
- 6M
- 15.84%
- 1Y
- 29.15%
- 3Y*
- 17.31%
- 5Y*
- 12.01%
- 10Y*
- —
FUSA.DE vs. VGWE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FUSA.DE Fidelity US Quality Income UCITS ETF Acc | 9.43% | 3.92% | 24.24% | 14.25% | -5.68% | 37.59% | 10.83% |
VGWE.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc | 15.22% | 12.81% | 15.59% | 7.89% | 0.02% | 27.81% | 7.83% |
Correlation
The correlation between FUSA.DE and VGWE.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020 | 0.79 |
The correlation between FUSA.DE and VGWE.DE shifts across timeframes, from 0.69 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FUSA.DE vs. VGWE.DE — Risk / Return Rank
FUSA.DE
VGWE.DE
FUSA.DE vs. VGWE.DE - 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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE). 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 | VGWE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.56 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 4.84 | -0.50 |
| Martin ratioReturn relative to average drawdown | 16.80 | 19.06 | -2.26 |
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Drawdowns
FUSA.DE vs. VGWE.DE - Drawdown Comparison
The maximum FUSA.DE drawdown since its inception was -35.33%, which is greater than VGWE.DE's maximum drawdown of -16.43%. Use the drawdown chart below to compare losses from any high point for FUSA.DE and VGWE.DE.
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Drawdown Indicators
| FUSA.DE | VGWE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.33% | -16.43% | -18.90% |
Max Drawdown (1Y)Largest decline over 1 year | -5.20% | -6.00% | +0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -16.43% | -5.44% |
Max Drawdown (5Y)Largest decline over 5 years | -21.87% | -16.43% | -5.44% |
Current DrawdownCurrent decline from peak | -1.07% | 0.00% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -4.93% | -2.35% | -2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 1.53% | -0.19% |
Volatility
FUSA.DE vs. VGWE.DE - Volatility Comparison
Fidelity US Quality Income UCITS ETF Acc (FUSA.DE) has a higher volatility of 2.78% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Acc (VGWE.DE) at 2.12%. This indicates that FUSA.DE's price experiences larger fluctuations and is considered to be riskier than VGWE.DE 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 | VGWE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 2.12% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 6.87% | 7.23% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.38% | 9.50% | +0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.95% | 11.52% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.18% | 12.22% | +4.96% |
FUSA.DE vs. VGWE.DE - Expense Ratio Comparison
FUSA.DE has a 0.30% expense ratio, which is higher than VGWE.DE's 0.29% expense ratio.
Dividends
FUSA.DE vs. VGWE.DE - Dividend Comparison
Neither FUSA.DE nor VGWE.DE has paid dividends to shareholders.
Frequently Asked Questions
FUSA.DE and VGWE.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGWE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGWE.DE is cheaper with a 0.29% expense ratio, compared with 0.30% for FUSA.DE.
FUSA.DE is categorized as Large Cap Value Equities, while VGWE.DE is Dividend. FUSA.DE tracks Fidelity US Quality Income NR USD, while VGWE.DE tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: Fidelity and Vanguard. Their fees differ too: 0.30% for FUSA.DE and 0.29% for VGWE.DE.
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