VTI vs. FGQD.L

Last updated Jun 16, 2026

VTI (Vanguard Total Stock Market ETF) and FGQD.L (Fidelity Global Quality Income ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while FGQD.L is a Global Equities fund tracking the Fidelity Global Quality Income index. Both are passively managed. Over the past 5 years, VTI returned 12.71%/yr vs 10.91%/yr for FGQD.L. A 0.61 correlation means they provide meaningful diversification when combined. VTI charges 0.03%/yr vs 0.40%/yr for FGQD.L.

Performance

VTI vs. FGQD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market ETF (VTI) and Fidelity Global Quality Income ETF (FGQD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VTI is traded in USD, while FGQD.L is traded in GBp. To make them comparable, the FGQD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VTI achieves a 11.46% return, which is significantly higher than FGQD.L's 10.39% return.

VTI

• 1D: 1.68%
• 1M: 2.70%
• YTD: 11.46%
• 6M: 11.76%
• 1Y: 28.40%
• 3Y*: 20.94%
• 5Y*: 12.71%
• 10Y*: 15.23%

FGQD.L

• 1D: 1.06%
• 1M: 3.43%
• YTD: 10.39%
• 6M: 11.19%
• 1Y: 26.09%
• 3Y*: 16.86%
• 5Y*: 10.91%
• 10Y*: —

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

VTI vs. FGQD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTI Vanguard Total Stock Market ETF	11.46%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	15.81%
FGQD.L Fidelity Global Quality Income ETF	10.39%	20.61%	11.33%	17.39%	-10.91%	22.66%	9.68%	28.80%	-7.79%	-7.56%

Correlation

The correlation between VTI and FGQD.L is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Mar 27, 2017	0.61

The correlation between VTI and FGQD.L has been stable across timeframes, ranging from 0.61 to 0.65 - a consistent structural relationship.

VTI vs. FGQD.L - Sectors Allocation Comparison

Sectors	VTI	FGQD.L
Technology	33.3%	30.0%
Financial Services	11.9%	16.2%
Communication Services	10.1%	8.2%
Consumer Cyclical	9.8%	8.7%
Industrials	9.5%	11.9%
Healthcare	9.1%	9.0%
Consumer Defensive	4.7%	4.7%
Energy	3.8%	4.0%
Utilities	2.7%	2.5%
Real Estate	2.4%	1.9%
Basic Materials	2.0%	2.9%

Return for Risk

VTI vs. FGQD.L — Risk / Return Rank

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

VTI

VTI Risk / Return Rank: 77
VTI Sharpe Ratio Rank: 79
VTI Sortino Ratio Rank: 77
VTI Omega Ratio Rank: 78
VTI Calmar Ratio Rank: 70
VTI Martin Ratio Rank: 81

FGQD.L

FGQD.L Risk / Return Rank: 88
FGQD.L Sharpe Ratio Rank: 91
FGQD.L Sortino Ratio Rank: 91
FGQD.L Omega Ratio Rank: 90
FGQD.L Calmar Ratio Rank: 79
FGQD.L Martin Ratio Rank: 87

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.

VTI vs. FGQD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) and Fidelity Global Quality Income ETF (FGQD.L). 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.

	VTI	FGQD.L	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.32	-0.06
Sortino ratio: Return per unit of downside risk	3.04	3.45	-0.42
Omega ratio: Gain probability vs. loss probability	1.41	1.41	-0.01
Calmar ratio: Return relative to maximum drawdown	3.20	2.87	+0.32
Martin ratio: Return relative to average drawdown	14.35	12.99	+1.35

VTI vs. FGQD.L - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 2.25, which is comparable to the FGQD.L Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of VTI and FGQD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VTI vs. FGQD.L - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, which is greater than FGQD.L's maximum drawdown of -34.58%. Use the drawdown chart below to compare losses from any high point for VTI and FGQD.L.

Drawdown Indicators

	VTI	FGQD.L	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-34.58%	-20.87%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-9.04%	+0.12%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-15.59%	-3.71%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	-22.77%	-2.59%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	—	—
Current Drawdown Current decline from peak	-0.49%	0.00%	-0.49%
Average Drawdown Average peak-to-trough decline	-8.02%	-5.63%	-2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	2.00%	-0.02%

Volatility

VTI vs. FGQD.L - Volatility Comparison

Vanguard Total Stock Market ETF (VTI) has a higher volatility of 4.74% compared to Fidelity Global Quality Income ETF (FGQD.L) at 3.51%. This indicates that VTI's price experiences larger fluctuations and is considered to be riskier than FGQD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTI	FGQD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	3.51%	+1.23%
Volatility (6M) Calculated over the trailing 6-month period	9.94%	8.89%	+1.05%
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	11.24%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.49%	14.30%	+3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.34%	16.78%	+1.56%

VTI vs. FGQD.L - Expense Ratio Comparison

VTI has a 0.03% expense ratio, which is lower than FGQD.L's 0.40% expense ratio.

Dividends

VTI vs. FGQD.L - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.01%, less than FGQD.L's 1.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGQD.L Fidelity Global Quality Income ETF	1.80%	1.86%	2.31%	2.78%	2.70%	2.46%	2.60%	2.44%	2.70%	1.10%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VTI and FGQD.L in my portfolio?

VTI and FGQD.L have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VTI or FGQD.L?

On fees, VTI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VTI or FGQD.L?

VTI is cheaper with a 0.03% expense ratio, compared with 0.40% for FGQD.L.

What is the main difference between VTI and FGQD.L?

VTI is categorized as Large Cap Blend Equities, while FGQD.L is Global Equities. VTI tracks CRSP US Total Market Index, while FGQD.L tracks Fidelity Global Quality Income index. They also come from different issuers: Vanguard and Fidelity. Their fees differ too: 0.03% for VTI and 0.40% for FGQD.L.