Fidelity Global Quality Income UCITS ETF - EUR hedged Inc
ISIN IE00BYV1YH46 WKN A2DWQ2 Rating ★☆☆☆☆
Replication
physical
Earnings
distributing
Asset class
Equity
Region
World
Strategy
Dividend
TER
0.45 %
TD
3.38 %
Currency
EUR
Fund size
23 Mio EUR
Perf. 2021
23.40 %
"Fidelity Global Quality Income UCITS ETF - EUR hedged Inc" is an exchange-traded, Euro hedged investment fund (ETF). It refers to the Fidelity Global Quality Income Index. This index reflects the development of world wide stocks with high dividend yield . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are distributed to the investors. The fund company Fidelity ETF claims a total expense ratio (TER) of 0.45% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was 3.38% per year. Therefore, the ETF was significantly more expensive than the TER suggests. Besides, the yearly tracking differences had strong variations, so their average value is not a very reliable measure.
Tracking Differences
Performance
Fund size
Comparing Tracking Difference, Total Expense Ratio and fund size
Every bubble represents an ETF. The further to the right it is, the higher (worse) is its tracking difference. The further up it is, the higher the total expense ratio specified by the fund company. The bubble's area represents the fund volume.