# Fidelity Europe Quality Income UCITS ETF GBP (FEQP) **Page:** https://fundology.uk/fund/feqp · ISIN IE00BYSX4408 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, FEQP (Fidelity Europe Quality Income UCITS ETF GBP, ISIN IE00BYSX4408) closed at £11.18 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was +56.2%, or +21.9% after UK CPIH inflation. ## Summary Fidelity Europe Quality Income UCITS ETF GBP is an exchange-traded fund (ETF) from Fidelity, launched in 2017. It tracks the Fidelity Europe Quality Income Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£11.18** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FEQP | | ISIN | IE00BYSX4408 | | Category | European shares | | Type | ETF | | Provider | Fidelity | | Tracks | Fidelity Europe Quality Income Index | | Income | Accumulating | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £2.2m | | Launched | 2017 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 29/11/2017 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +18.97% | +14.75% | income reinvested | | 3 years | +60.99% | +45.45% | income reinvested | | 5 years | +56.19% | +21.92% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Fidelity Europe Quality Income UCITS ETF GBP in pounds (price, with income reinvested in the fund): 2022 −14.0%, 2023 +18.0%, 2024 +7.9%, 2025 +20.9%; 2026 to 13/11/2026 +17.1%. Returns of Fidelity Europe Quality Income UCITS ETF GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.3%; to 30/09/2025: +11.5%; to 30/09/2024: +19.8%; to 30/09/2023: +23.0%; to 30/09/2022: −17.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -14.0% | -21.3% | Price | | 2023 | +18.0% | +13.3% | Price | | 2024 | +7.9% | +4.3% | Price | | 2025 | +20.9% | +16.8% | Price | | 2026 to 13/11/2026 | +17.1% | +13.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 12.19% | -8.62% | | 3 years | 12.33% | -10.79% | | 5 years | 13.80% | -22.86% | ## Largest fall Volatility of Fidelity Europe Quality Income UCITS ETF GBP in pounds, annualised from weekly returns to 13/11/2026: 12.2% over 1 year, 12.3% over 3 years, 13.8% over 5 years. Largest fall in the price of Fidelity Europe Quality Income UCITS ETF GBP since November 2021, in pounds: −22.9% from 31/12/2021 to 30/09/2022. The lowest 12-month return of Fidelity Europe Quality Income UCITS ETF GBP in pounds (price, with income reinvested in the fund) since January 2021 was −19.7% (12 months to 23/09/2022); the highest was +30.4% (12 months to 10/04/2026). On 13/11/2026 the price of Fidelity Europe Quality Income UCITS ETF GBP was at its highest weekly close since November 2021, in pounds. ## Charges compared with similar funds Ongoing charge of Fidelity Europe Quality Income UCITS ETF GBP 0.35% a year. Compared on 14/11/2026, 42 of the 242 other European share funds charge more, 11 the same and 189 less (share classes counted once). ## Funds tracking the same index 3 funds track Fidelity Europe Quality Income Index, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.35% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Fidelity Europe Quality Income UCITS ETF EUR | 0.30% | +12.9% | +52.5% | +44.0% | | Fidelity Europe Quality Income UCITS ETF GBP (this fund) | 0.35% | +19.0% | +61.0% | +56.2% | | Fidelity UCITS ICAV - Fidelity Europe Quality Income UCITS ETF Accum EUR | 0.30% | +12.6% | +51.2% | +44.0% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of FEQP?** The ongoing charge of FEQP is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Fidelity Europe Quality Income UCITS ETF GBP 0.35% a year. Compared on 14/11/2026, 42 of the 242 other European share funds charge more, 11 the same and 189 less (share classes counted once). **What does FEQP track?** FEQP tracks the Fidelity Europe Quality Income Index. **Is FEQP accumulating or distributing?** FEQP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of FEQP?** The ISIN of FEQP is IE00BYSX4408. An ISIN identifies one exact share class of a fund; FEQP is its ticker on the London Stock Exchange. **What were FEQP’s returns in each of the last five years?** Calendar-year returns of FEQP in pounds (price, with income reinvested in the fund): 2022 −14.0%, 2023 +18.0%, 2024 +7.9%, 2025 +20.9%; 2026 to 13/11/2026 +17.1%. Past performance is not a guide to future returns. **How has FEQP done after inflation?** Over the five years to 13/11/2026 FEQP’s total return was +56.2%, or +21.9% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.