evenfolioETF Details
Fidelity Investments·Equity Hedged·FHEQ · Cboe BZX
Fidelity Hedged Equity ETF (FHEQ)
- Price
- $33.06
- —30 Oct 2026
- Assets
- $985.6M
- Total net assets
- Expense ratio
- 0.48%
- Category 1.18%
- Yield
- 0.59%
- Trailing distributions
- 1Y return
- 7.3%+1.1%
- Category 6.2%
- 3Y CAGR
- —
- Category 15.8%
- 5Y CAGR
- —
- Category 6.8%
Loading NAV history…
Fidelity Hedged Equity ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | -1.8% | -1.0% | +3.2% | +7.5% | +7.3% | — | — | — | +12.4% |
| Equity Hedged average | -2.0% | -0.1% | 1.5% | 6.4% | 6.2% | 15.8% | 6.8% | 8.9% | 8.5% |
| Difference | +0.2% | -0.9% | +1.6% | +1.1% | +1.1% | — | — | — | +3.9% |
Holdings
The 9 largest positions make up 37.4% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corp | 8.33% |
| AAPL | Apple Inc | 7.44% |
| MSFT | Microsoft Corp | 5.23% |
| AMZN | Amazon.com Inc | 3.87% |
| GOOGL | Alphabet Inc Class A | 3.08% |
| AVGO | Broadcom Inc | 2.77% |
| META | Meta Platforms Inc Class A | 2.55% |
| GOOG | Alphabet Inc Class C | 2.23% |
| MU | Micron Technology Inc | 1.89% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 22.5
- P/B
- 5.2
- P/S
- 3.7
- P/CF
- 17.4
Sector allocation
Share of the equity the fund holds.
- Technology42.2%
- Financial services12.5%
- Communication services10.4%
- Health care9.1%
- Industrials8.9%
- Consumer discretionary7.8%
- Consumer staples3.2%
- Energy2.8%
- Real estate1.4%
- Materials1.0%
- Utilities0.9%
Asset mix
- Stocks98.0%
- Cash2.0%
- Other0.1%
ETF details
- Issuer
- Fidelity Investments
- Category
- Equity · Equity Hedged
- Ticker
- FHEQ
- Exchange
- Cboe BZX
- Inception
- 9 Apr 2024 (2.6 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.48% (category 1.18%)
- Holdings turnover
- 86% (category 104%)
- Distribution yield
- 0.59%
- Beta, 3 years
- 0.00
- Total net assets
- $985.6M
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
Other equity hedged ETFs
Other ETFs in the Equity Hedged category.
- HEGD · Swan Hedged Equity US Large Cap ETFSwan · $739.5M · ER 0.87%5Y 7.4%
- SIXH · ETC 6 Meridian Hedged Equity Index Option ETFExchange Traded Concepts · $600.3M · ER 0.69%5Y 10.9%
- NBOS · Neuberger Option Strategy ETFNeuberger Berman · $574.3M · ER 0.57%
- HEDG · Equable Shares Hedged Equity ETFEquable Shares · $457.4M · ER 0.96%
- QQQH · NEOS Nasdaq 100 Hedged Equity Income ETFNeos Funds · $406.3M · ER 0.68%5Y 7.4%
- MRSK · Toews Agility Shares Managed Risk ETFToews Corporation · $322.2M · ER 0.98%5Y 7.0%