# Fidelity US Quality Income UCITS ETF Accum Hedged GBP (FUSP) **Page:** https://fundology.uk/fund/fusp · ISIN IE00BYV03C98 ## 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, FUSP (Fidelity US Quality Income UCITS ETF Accum Hedged GBP, ISIN IE00BYV03C98) closed at £13.14 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 13/11/2026 its total return was +59.8%, or +24.7% after UK CPIH inflation. ## Summary Fidelity US Quality Income UCITS ETF Accum Hedged GBP is an exchange-traded fund (ETF) from Fidelity, launched in 2017. It tracks the Fidelity U.S. 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 0.3% a year — about £30 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: **£13.14** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FUSP | | ISIN | IE00BYV03C98 | | Category | US shares | | Type | ETF | | Provider | Fidelity | | Tracks | Fidelity U.S. Quality Income Index | | Income | Accumulating | | Ongoing charge | 0.30% a year (£30 per £10,000) | | Fund size | £6.6m | | Launched | 2017 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 20/11/2017 | ## 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 | +13.37% | +9.36% | income reinvested | | 3 years | +62.15% | +46.50% | income reinvested | | 5 years | +59.81% | +24.74% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Fidelity US Quality Income UCITS ETF Accum Hedged GBP in pounds (price, with income reinvested in the fund): 2022 −12.6%, 2023 +16.6%, 2024 +17.0%, 2025 +15.6%; 2026 to 13/11/2026 +11.9%. Returns of Fidelity US Quality Income UCITS ETF Accum Hedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +13.8%; to 30/09/2025: +12.1%; to 30/09/2024: +30.5%; to 30/09/2023: +14.0%; to 30/09/2022: −9.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -12.6% | -20.0% | Price | | 2023 | +16.6% | +12.0% | Price | | 2024 | +17.0% | +13.0% | Price | | 2025 | +15.6% | +11.6% | Price | | 2026 to 13/11/2026 | +11.9% | +8.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 9.49% | -6.95% | | 3 years | 11.62% | -13.25% | | 5 years | 13.71% | -19.08% | ## Largest fall Volatility of Fidelity US Quality Income UCITS ETF Accum Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 9.5% over 1 year, 11.6% over 3 years, 13.7% over 5 years. Largest fall in the price of Fidelity US Quality Income UCITS ETF Accum Hedged GBP since November 2021, in pounds: −19.1% from 31/12/2021 to 14/10/2022. The lowest 12-month return of Fidelity US Quality Income UCITS ETF Accum Hedged GBP in pounds (price, with income reinvested in the fund) since January 2021 was −14.4% (12 months to 21/10/2022); the highest was +36.0% (12 months to 25/10/2024). On 13/11/2026 the price of Fidelity US Quality Income UCITS ETF Accum Hedged GBP was 1.8% below its highest weekly close since November 2021 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Fidelity US Quality Income UCITS ETF Accum Hedged GBP 0.30% a year. Compared on 14/11/2026, 50 of the 254 other US share funds charge more, 9 the same and 195 less (share classes counted once). ## Funds tracking the same index 3 funds track Fidelity U.S. Quality Income Index, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.30% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Fidelity US Quality Income UCITS ETF Acc | 0.25% | +12.9% | +55.2% | +69.7% | | Fidelity US Quality Income UCITS ETF Accum Hedged GBP (this fund) | 0.30% | +13.4% | +62.1% | +59.8% | | Fidelity US Quality Income UCITS ETF INC-USD | 0.25% | +12.9% | +55.2% | +69.6% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.30%** 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 FUSP?** The ongoing charge of FUSP is 0.30% a year — about £30 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 US Quality Income UCITS ETF Accum Hedged GBP 0.30% a year. Compared on 14/11/2026, 50 of the 254 other US share funds charge more, 9 the same and 195 less (share classes counted once). **What does FUSP track?** FUSP tracks the Fidelity U.S. Quality Income Index. **Is FUSP accumulating or distributing?** FUSP 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 FUSP?** The ISIN of FUSP is IE00BYV03C98. An ISIN identifies one exact share class of a fund; FUSP is its ticker on the London Stock Exchange. **What were FUSP’s returns in each of the last five years?** Calendar-year returns of FUSP in pounds (price, with income reinvested in the fund): 2022 −12.6%, 2023 +16.6%, 2024 +17.0%, 2025 +15.6%; 2026 to 13/11/2026 +11.9%. Past performance is not a guide to future returns. **How has FUSP done after inflation?** Over the five years to 13/11/2026 FUSP’s total return was +59.8%, or +24.7% 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.