USCP.DE vs. FUSR.DE

Last updated Jun 5, 2026

USCP.DE (Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR)) and FUSR.DE (Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc) are both Large Cap Blend Equities funds - USCP.DE tracks the Shiller Barclays CAPE® US Sector Value while FUSR.DE tracks the Fidelity Sustainable Research Enhanced US Equity. Both are passively managed. Over the past 5 years, USCP.DE returned 9.75%/yr vs 14.75%/yr for FUSR.DE. Their correlation of 0.85 suggests significant overlap in exposure. USCP.DE charges 0.65%/yr vs 0.30%/yr for FUSR.DE.

Performance

USCP.DE vs. FUSR.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR) (USCP.DE) and Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc (FUSR.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USCP.DE achieves a 1.13% return, which is significantly lower than FUSR.DE's 10.99% return.

USCP.DE

• 1D: 1.28%
• 1M: 0.56%
• YTD: 1.13%
• 6M: 2.00%
• 1Y: 5.12%
• 3Y*: 9.33%
• 5Y*: 9.75%
• 10Y*: 13.23%

FUSR.DE

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

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
USCP.DE Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR)	1.13%	-3.26%	22.70%	25.56%	-10.80%	38.73%	12.54%
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%

Correlation

The correlation between USCP.DE and FUSR.DE is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.85

Over the past year, the correlation between USCP.DE and FUSR.DE has dropped to 0.55 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

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

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

USCP.DE

USCP.DE Risk / Return Rank: 18
USCP.DE Sharpe Ratio Rank: 17
USCP.DE Sortino Ratio Rank: 17
USCP.DE Omega Ratio Rank: 16
USCP.DE Calmar Ratio Rank: 18
USCP.DE Martin Ratio Rank: 20

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR) (USCP.DE) and Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc (FUSR.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.

	USCP.DE	FUSR.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.51	2.11	-1.60
Sortino ratio: Return per unit of downside risk	0.75	2.87	-2.12
Omega ratio: Gain probability vs. loss probability	1.09	1.38	-0.28
Calmar ratio: Return relative to maximum drawdown	0.72	3.40	-2.68
Martin ratio: Return relative to average drawdown	2.18	12.17	-9.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current USCP.DE Sharpe Ratio is 0.51, which is lower than the FUSR.DE Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of USCP.DE and FUSR.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

	USCP.DE	FUSR.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	2.11	-1.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.92	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.03	-0.29

Drawdowns

USCP.DE vs. FUSR.DE - Drawdown Comparison

The maximum USCP.DE drawdown since its inception was -34.80%, which is greater than FUSR.DE's maximum drawdown of -24.29%. Use the drawdown chart below to compare losses from any high point for USCP.DE and FUSR.DE.

Drawdown Indicators

	USCP.DE	FUSR.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.80%	-24.29%	-10.51%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-7.85%	+0.81%
Max Drawdown (3Y) Largest decline over 3 years	-19.22%	-24.29%	+5.07%
Max Drawdown (5Y) Largest decline over 5 years	-19.22%	-24.29%	+5.07%
Max Drawdown (10Y) Largest decline over 10 years	-34.80%	—	—
Current Drawdown Current decline from peak	-7.42%	-0.25%	-7.17%
Average Drawdown Average peak-to-trough decline	-4.90%	-4.40%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	2.20%	+0.14%

Volatility

USCP.DE vs. FUSR.DE - Volatility Comparison

Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF (EUR) (USCP.DE) has a higher volatility of 3.16% compared to Fidelity Sustainable Research Enhanced US Equity UCITS ETF Acc (FUSR.DE) at 2.62%. This indicates that USCP.DE's price experiences larger fluctuations and is considered to be riskier than FUSR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USCP.DE	FUSR.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	2.62%	+0.54%
Volatility (6M) Calculated over the trailing 6-month period	7.23%	8.39%	-1.16%
Volatility (1Y) Calculated over the trailing 1-year period	10.00%	12.69%	-2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.46%	15.84%	-1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	15.99%	+0.12%

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

USCP.DE has a 0.65% expense ratio, which is higher than FUSR.DE's 0.30% expense ratio.

Dividends

USCP.DE vs. FUSR.DE - Dividend Comparison

Neither USCP.DE nor FUSR.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

USCP.DE and FUSR.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

FUSR.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for USCP.DE.

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

USCP.DE tracks Shiller Barclays CAPE® US Sector Value, while FUSR.DE tracks Fidelity Sustainable Research Enhanced US Equity. They also come from different issuers: Natixis and Fidelity. Their fees differ too: 0.65% for USCP.DE and 0.30% for FUSR.DE.