FUSR.DE vs. SLUS.DE

Last updated Jun 5, 2026

FUSR.DE (Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc) and SLUS.DE (iShares MSCI USA ESG Screened UCITS ETF USD (Dist)) are both Large Cap Blend Equities funds - FUSR.DE tracks the Fidelity Sustainable Research Enhanced US Equity while SLUS.DE tracks the MSCI USA ESG Screened. Both are passively managed. Over the past 5 years, FUSR.DE returned 14.75%/yr vs 14.97%/yr for SLUS.DE. With a 0.98 correlation, they move nearly in lockstep. FUSR.DE charges 0.30%/yr vs 0.07%/yr for SLUS.DE.

Performance

FUSR.DE vs. SLUS.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 iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SLUS.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FUSR.DE having a 10.99% return and SLUS.DE slightly higher at 11.22%.

FUSR.DE

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

SLUS.DE

• 1D: 0.00%
• 1M: 5.80%
• YTD: 11.22%
• 6M: 11.10%
• 1Y: 26.09%
• 3Y*: 19.85%
• 5Y*: 14.97%
• 10Y*: —

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

FUSR.DE vs. SLUS.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%
SLUS.DE iShares MSCI USA ESG Screened UCITS ETF USD (Dist)	11.22%	4.97%	33.89%	26.23%	-17.11%	39.38%	12.95%

Correlation

The correlation between FUSR.DE and SLUS.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.98

The correlation between FUSR.DE and SLUS.DE has been stable across timeframes, ranging from 0.92 to 0.98 - a consistent structural relationship.

Return for Risk

FUSR.DE vs. SLUS.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

SLUS.DE

SLUS.DE Risk / Return Rank: 62
SLUS.DE Sharpe Ratio Rank: 63
SLUS.DE Sortino Ratio Rank: 61
SLUS.DE Omega Ratio Rank: 64
SLUS.DE Calmar Ratio Rank: 63
SLUS.DE Martin Ratio Rank: 61

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. SLUS.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 iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SLUS.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	SLUS.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.11	2.07	+0.03
Sortino ratio: Return per unit of downside risk	2.87	2.84	+0.03
Omega ratio: Gain probability vs. loss probability	1.38	1.38	0.00
Calmar ratio: Return relative to maximum drawdown	3.40	3.05	+0.35
Martin ratio: Return relative to average drawdown	12.17	10.67	+1.49
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. SLUS.DE - Sharpe Ratio Comparison

The current FUSR.DE Sharpe Ratio is 2.11, which is comparable to the SLUS.DE Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FUSR.DE and SLUS.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	SLUS.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	2.07	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.93	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.92	+0.11

Drawdowns

FUSR.DE vs. SLUS.DE - Drawdown Comparison

The maximum FUSR.DE drawdown since its inception was -24.29%, smaller than the maximum SLUS.DE drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for FUSR.DE and SLUS.DE.

Drawdown Indicators

	FUSR.DE	SLUS.DE	Difference
Max Drawdown Largest peak-to-trough decline	-24.29%	-33.71%	+9.42%
Max Drawdown (1Y) Largest decline over 1 year	-7.85%	-8.51%	+0.66%
Max Drawdown (3Y) Largest decline over 3 years	-24.29%	-24.45%	+0.16%
Max Drawdown (5Y) Largest decline over 5 years	-24.29%	-24.45%	+0.16%
Current Drawdown Current decline from peak	-0.25%	-0.43%	+0.18%
Average Drawdown Average peak-to-trough decline	-4.40%	-4.84%	+0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	2.44%	-0.24%

Volatility

FUSR.DE vs. SLUS.DE - Volatility Comparison

The current volatility for Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc (FUSR.DE) is 2.62%, while iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SLUS.DE) has a volatility of 2.97%. This indicates that FUSR.DE experiences smaller price fluctuations and is considered to be less risky than SLUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUSR.DE	SLUS.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	2.97%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	8.39%	8.38%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	12.54%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.84%	15.99%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	17.58%	-1.59%

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

FUSR.DE has a 0.30% expense ratio, which is higher than SLUS.DE's 0.07% expense ratio.

Dividends

FUSR.DE vs. SLUS.DE - Dividend Comparison

FUSR.DE has not paid dividends to shareholders, while SLUS.DE's dividend yield for the trailing twelve months is around 0.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
SLUS.DE iShares MSCI USA ESG Screened UCITS ETF USD (Dist)	0.62%	0.69%	0.84%	0.98%	1.26%	0.79%	1.06%	1.24%	0.20%

Frequently Asked Questions

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

With a correlation of 0.92, FUSR.DE and SLUS.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

On fees, SLUS.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

SLUS.DE is cheaper with a 0.07% expense ratio, compared with 0.30% for FUSR.DE.

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

FUSR.DE tracks Fidelity Sustainable Research Enhanced US Equity, while SLUS.DE tracks MSCI USA ESG Screened. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.30% for FUSR.DE and 0.07% for SLUS.DE.