MACG.L vs. FEQT.NEO
Compare and contrast key facts about BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF GBP Hedged (Acc) (MACG.L) and Fidelity All-in-One Equity ETF Fund (FEQT.NEO).
MACG.L and FEQT.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MACG.L is a passively managed fund by iShares that tracks the performance of the Morningstar UK Mod Caut Tgt Alloc NR GBP. It was launched on Sep 14, 2020. FEQT.NEO is an actively managed fund by Fidelity. It was launched on Jan 20, 2022.
Performance
MACG.L vs. FEQT.NEO - Performance Comparison
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MACG.L vs. FEQT.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MACG.L BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF GBP Hedged (Acc) | -0.36% | 6.37% | 4.84% |
FEQT.NEO Fidelity All-in-One Equity ETF Fund | 2.94% | 15.19% | 7.80% |
Different Trading Currencies
MACG.L is traded in GBP, while FEQT.NEO is traded in CAD. To make them comparable, the FEQT.NEO values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, MACG.L achieves a -0.36% return, which is significantly lower than FEQT.NEO's 2.94% return.
MACG.L
- 1D
- -0.16%
- 1M
- -1.35%
- YTD
- -0.36%
- 6M
- 1.38%
- 1Y
- 5.58%
- 3Y*
- 5.03%
- 5Y*
- 1.53%
- 10Y*
- —
FEQT.NEO
- 1D
- 0.50%
- 1M
- -2.23%
- YTD
- 2.94%
- 6M
- 5.43%
- 1Y
- 18.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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MACG.L vs. FEQT.NEO - Expense Ratio Comparison
MACG.L has a 0.25% expense ratio, which is lower than FEQT.NEO's 0.43% expense ratio.
Return for Risk
MACG.L vs. FEQT.NEO — Risk / Return Rank
MACG.L
FEQT.NEO
MACG.L vs. FEQT.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF GBP Hedged (Acc) (MACG.L) and Fidelity All-in-One Equity ETF Fund (FEQT.NEO). 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.
| MACG.L | FEQT.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.24 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.80 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.27 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 2.01 | -0.54 |
Martin ratioReturn relative to average drawdown | 6.93 | 8.54 | -1.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MACG.L | FEQT.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.24 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 1.04 | -0.69 |
Correlation
The correlation between MACG.L and FEQT.NEO is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MACG.L vs. FEQT.NEO - Dividend Comparison
Neither MACG.L nor FEQT.NEO has paid dividends to shareholders.
Drawdowns
MACG.L vs. FEQT.NEO - Drawdown Comparison
The maximum MACG.L drawdown since its inception was -14.85%, roughly equal to the maximum FEQT.NEO drawdown of -14.68%. Use the drawdown chart below to compare losses from any high point for MACG.L and FEQT.NEO.
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Drawdown Indicators
| MACG.L | FEQT.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.85% | -13.24% | -1.61% |
Max Drawdown (1Y)Largest decline over 1 year | -3.97% | -8.31% | +4.34% |
Max Drawdown (5Y)Largest decline over 5 years | -14.85% | — | — |
Current DrawdownCurrent decline from peak | -2.55% | -3.93% | +1.38% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -1.50% | -3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 2.56% | -1.72% |
Volatility
MACG.L vs. FEQT.NEO - Volatility Comparison
The current volatility for BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF GBP Hedged (Acc) (MACG.L) is 2.30%, while Fidelity All-in-One Equity ETF Fund (FEQT.NEO) has a volatility of 4.96%. This indicates that MACG.L experiences smaller price fluctuations and is considered to be less risky than FEQT.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MACG.L | FEQT.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 4.96% | -2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 3.35% | 8.99% | -5.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.60% | 15.07% | -9.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.05% | 13.39% | -8.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.95% | 13.39% | -8.44% |