FUSR.DE vs. FGEQ.DE

Last updated Jun 5, 2026

FUSR.DE (Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc) and FGEQ.DE (Fidelity Global Quality Income UCITS ETF Inc) are both exchange-traded funds - FUSR.DE is a Large Cap Blend Equities fund tracking the Fidelity Sustainable Research Enhanced US Equity, while FGEQ.DE is a Global Equities fund tracking the Fidelity Global Quality Income index. Both are passively managed. Over the past 5 years, FUSR.DE returned 14.75%/yr vs 11.69%/yr for FGEQ.DE. Their correlation of 0.88 suggests significant overlap in exposure. FUSR.DE charges 0.30%/yr vs 0.40%/yr for FGEQ.DE.

Performance

FUSR.DE vs. FGEQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc (FUSR.DE) and Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FUSR.DE having a 10.99% return and FGEQ.DE slightly lower at 10.59%.

FUSR.DE

• 1D: 0.07%
• 1M: 4.38%
• YTD: 10.99%
• 6M: 10.70%
• 1Y: 26.84%
• 3Y*: 19.47%
• 5Y*: 14.75%
• 10Y*: —

FGEQ.DE

• 1D: -0.06%
• 1M: 3.50%
• YTD: 10.59%
• 6M: 10.79%
• 1Y: 23.69%
• 3Y*: 14.55%
• 5Y*: 11.69%
• 10Y*: —

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

FUSR.DE vs. FGEQ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FUSR.DE Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc	10.99%	5.18%	33.40%	24.94%	-16.94%	38.09%	12.94%
FGEQ.DE Fidelity Global Quality Income UCITS ETF Inc	10.59%	7.21%	17.89%	14.06%	-6.11%	32.67%	7.91%

Correlation

The correlation between FUSR.DE and FGEQ.DE is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.88

The correlation between FUSR.DE and FGEQ.DE has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

FUSR.DE vs. FGEQ.DE — Risk / Return Rank

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

FUSR.DE

FUSR.DE Risk / Return Rank: 65
FUSR.DE Sharpe Ratio Rank: 64
FUSR.DE Sortino Ratio Rank: 62
FUSR.DE Omega Ratio Rank: 63
FUSR.DE Calmar Ratio Rank: 69
FUSR.DE Martin Ratio Rank: 67

FGEQ.DE

FGEQ.DE Risk / Return Rank: 76
FGEQ.DE Sharpe Ratio Rank: 72
FGEQ.DE Sortino Ratio Rank: 73
FGEQ.DE Omega Ratio Rank: 73
FGEQ.DE Calmar Ratio Rank: 80
FGEQ.DE Martin Ratio Rank: 83

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.

FUSR.DE vs. FGEQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc (FUSR.DE) and Fidelity Global Quality Income UCITS ETF Inc (FGEQ.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.

	FUSR.DE	FGEQ.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.11	2.31	-0.21
Sortino ratio: Return per unit of downside risk	2.87	3.24	-0.37
Omega ratio: Gain probability vs. loss probability	1.38	1.43	-0.05
Calmar ratio: Return relative to maximum drawdown	3.40	4.06	-0.66
Martin ratio: Return relative to average drawdown	12.17	16.40	-4.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUSR.DE vs. FGEQ.DE - Sharpe Ratio Comparison

The current FUSR.DE Sharpe Ratio is 2.11, which is comparable to the FGEQ.DE Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of FUSR.DE and FGEQ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FUSR.DE	FGEQ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	2.31	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.89	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.74	+0.29

Drawdowns

FUSR.DE vs. FGEQ.DE - Drawdown Comparison

The maximum FUSR.DE drawdown since its inception was -24.29%, smaller than the maximum FGEQ.DE drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for FUSR.DE and FGEQ.DE.

Drawdown Indicators

	FUSR.DE	FGEQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-24.29%	-34.40%	+10.11%
Max Drawdown (1Y) Largest decline over 1 year	-7.85%	-5.80%	-2.05%
Max Drawdown (3Y) Largest decline over 3 years	-24.29%	-19.87%	-4.42%
Max Drawdown (5Y) Largest decline over 5 years	-24.29%	-19.87%	-4.42%
Current Drawdown Current decline from peak	-0.25%	-0.12%	-0.13%
Average Drawdown Average peak-to-trough decline	-4.40%	-3.85%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	1.44%	+0.76%

Volatility

FUSR.DE vs. FGEQ.DE - Volatility Comparison

Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc (FUSR.DE) has a higher volatility of 2.62% compared to Fidelity Global Quality Income UCITS ETF Inc (FGEQ.DE) at 2.36%. This indicates that FUSR.DE's price experiences larger fluctuations and is considered to be riskier than FGEQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUSR.DE	FGEQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	2.36%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	8.39%	7.37%	+1.02%
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	10.19%	+2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.84%	13.04%	+2.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	14.76%	+1.23%

FUSR.DE vs. FGEQ.DE - Expense Ratio Comparison

FUSR.DE has a 0.30% expense ratio, which is lower than FGEQ.DE's 0.40% expense ratio.

Dividends

FUSR.DE vs. FGEQ.DE - Dividend Comparison

FUSR.DE has not paid dividends to shareholders, while FGEQ.DE's dividend yield for the trailing twelve months is around 1.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGEQ.DE Fidelity Global Quality Income UCITS ETF Inc	1.80%	1.90%	2.24%	2.77%	2.81%	2.13%	2.29%	2.11%	2.41%	1.51%
FUSR.DE Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FUSR.DE and FGEQ.DE in my portfolio?

FUSR.DE and FGEQ.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FUSR.DE or FGEQ.DE?

On fees, FUSR.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FUSR.DE or FGEQ.DE?

FUSR.DE is cheaper with a 0.30% expense ratio, compared with 0.40% for FGEQ.DE.

What is the main difference between FUSR.DE and FGEQ.DE?

FUSR.DE is categorized as Large Cap Blend Equities, while FGEQ.DE is Global Equities. FUSR.DE tracks Fidelity Sustainable Research Enhanced US Equity, while FGEQ.DE tracks Fidelity Global Quality Income index. Their fees differ too: 0.30% for FUSR.DE and 0.40% for FGEQ.DE.