FQAL vs VCEB

Comparison between FIDELITY QUALITY FACTOR ETF (FQAL, ETF) and VANGUARD ESG U.S. CORPORATE BOND ETF ETF SHARES (VCEB, ETF).

5-Year PerformanceFQAL has outperformed VCEB, delivering a return of +11.9% compared to +0.6%

FQAL vs VCEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FQAL(ETF)	VCEB(ETF)
Net Assets	$1.20B	$1.20B
Expense Ratio	0.15%	0.12%
Max Drawdown	34.11%	24.44%
Sharpe Ratio	1.63	0.51
5Y Beta	0.88	0.10
P/E Ratio	26.13	N/A
Forward P/E	21.69	N/A
PEG Ratio	0.47	N/A
5Y Dividends CAGR	6.82%	39.57%
5Y EPS CAGR	25.75%	N/A
Debt to Equity	-54.75%	N/A
P/S Ratio	5.53	N/A
P/B Ratio	7.60	N/A

Net Assets

FQAL

$1.20B

VCEB

$1.20B

Expense Ratio

FQAL

0.15%

Winner

VCEB

0.12%

Max Drawdown

FQAL

34.11%

Winner

VCEB

24.44%

Sharpe Ratio

Winner

FQAL

1.63

VCEB

0.51

5Y Beta

FQAL

0.88

Winner

VCEB

0.10

P/E Ratio

FQAL

26.13

VCEB

N/A

Forward P/E

FQAL

21.69

VCEB

N/A

PEG Ratio

FQAL

0.47

VCEB

N/A

5Y Dividends CAGR

FQAL

6.82%

Winner

VCEB

39.57%

5Y EPS CAGR

FQAL

25.75%

VCEB

N/A

Debt to Equity

FQAL

-54.75%

VCEB

N/A

P/S Ratio

FQAL

5.53

VCEB

N/A

P/B Ratio

FQAL

7.60

VCEB

N/A

FQAL vs VCEB - Historical Returns

Returns include dividend reinvestment.

Period	FQAL	VCEB
1 month	+5.50%	+0.11%
3 months	+2.99%	-0.19%
6 months	+7.63%	+0.80%
1 year	+23.99%	+6.07%
5 years(CAGR)	+11.91%	+0.61%
10 years(CAGR)	+14.26%	N/A
Max(CAGR)	+14.26%	+0.35%

Winner

FQAL

+5.50%

VCEB

+0.11%

Winner

FQAL

+2.99%

VCEB

-0.19%

Winner

FQAL

+7.63%

VCEB

+0.80%

Winner

FQAL

+23.99%

VCEB

+6.07%

5Y(CAGR)

Winner

FQAL

+11.91%

VCEB

+0.61%

10Y(CAGR)

FQAL

+14.26%

VCEB

N/A

Max(CAGR)

Winner

FQAL

+14.26%

VCEB

+0.35%

FQAL vs VCEB - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FQAL	VCEB
2026	+5.31%	+0.45%
2025	+16.98%	+7.51%
2024	+22.83%	+2.80%
2023	+25.22%	+8.06%
2022	-19.33%	-14.42%
2021	+34.30%	-1.47%
2020	+15.46%	+2.46%
2019	+27.25%	N/A
2018	-4.85%	N/A
2017	+22.28%	N/A
2016	+4.27%	N/A

FQAL vs VCEB Drawdown Comparison

The maximum drawdown for FQAL was -33.70%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The maximum drawdown for VCEB was -21.60%, occurring on Oct 20, 2022. Recovery took 1284 trading sessions.

The current VCEB drawdown is -0.99%.

Rank	FQAL	VCEB
#1	-33.70% Feb 14, 2020 - Aug 10, 2020	-21.60% Dec 31, 2020 - Feb 12, 2026
#2	-25.50% Dec 29, 2021 - Jan 19, 2024	-2.82% Feb 26, 2026 - Mar 27, 2026
#3	-18.60% Sep 21, 2018 - Apr 12, 2019	-1.08% Nov 30, 2020 - Dec 30, 2020
#4	-16.87% Feb 19, 2025 - Jun 26, 2025	-1.06% Nov 5, 2020 - Nov 18, 2020
#5	-9.49% Jan 26, 2018 - Jul 25, 2018	-1.01% Oct 14, 2020 - Nov 4, 2020
#6	-9.15% Sep 2, 2020 - Nov 16, 2020	-0.41% Oct 1, 2020 - Oct 12, 2020
#7	-8.43% Feb 25, 2026 - Apr 17, 2026	-0.19% Nov 19, 2020 - Nov 27, 2020
#8	-7.15% Jul 16, 2024 - Aug 21, 2024	-0.12% Feb 20, 2026 - Feb 26, 2026
#9	-6.57% May 3, 2019 - Jun 20, 2019	-0.11% Sep 24, 2020 - Sep 28, 2020
#10	-5.78% Jul 26, 2019 - Oct 28, 2019	-0.07% Feb 13, 2026 - Feb 19, 2026
#11	-5.74% Aug 30, 2021 - Oct 21, 2021	-0.05% Sep 28, 2020 - Oct 1, 2020
#12	-5.69% Mar 28, 2024 - May 15, 2024	N/A
#13	-4.82% Feb 12, 2021 - Mar 15, 2021	N/A
#14	-4.81% Dec 6, 2024 - Feb 6, 2025	N/A
#15	-4.56% Oct 28, 2025 - Dec 11, 2025	N/A

Correlation

Correlation between FQAL and VCEB is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.44

-101

Dividend Comparison (2016 - 2026)

FQAL vs VCEB dividend yield comparison.

Year	FQAL	VCEB
2026	0.33%	1.54%
2025	1.12%	4.57%
2024	1.20%	4.47%
2023	1.35%	3.70%
2022	1.52%	2.84%
2021	1.17%	1.69%
2020	1.46%	0.43%
2019	1.55%	0.00%
2018	1.73%	0.00%
2017	1.53%	0.00%
2016	0.43%	0.00%