Fidelity InvestmentsEquity HedgedFHEQ · Cboe BZX
Fidelity Hedged Equity ETF (FHEQ)
- Price
- $33.93
- —11 Sept 2026
- Assets
- $970.4M
- Total net assets
- Expense ratio
- 0.48%
- Category 1.18%
- Yield
- 0.53%
- Trailing distributions
- 3Y CAGR
- —
- Category 14.6%
- 5Y CAGR
- —
- Category 7.8%
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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
- —
Holdings
The 9 largest positions make up 36.5% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corp | 8.18% |
| AAPL | Apple Inc | 7.18% |
| MSFT | Microsoft Corp | 5.25% |
| AMZN | Amazon.com Inc | 3.99% |
| GOOGL | Alphabet Inc Class A | 3.08% |
| AVGO | Broadcom Inc | 2.71% |
| GOOG | Alphabet Inc Class C | 2.23% |
| META | Meta Platforms Inc Class A | 1.99% |
| JPM | JPMorgan Chase & Co | 1.90% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 23.0
- P/B
- 5.2
- P/S
- 3.6
- P/CF
- 17.4
Sector allocation
Share of the equity the fund holds.
- Technology40.5%
- Financial services13.3%
- Communication services10.1%
- Industrials9.5%
- Health care8.6%
- Consumer discretionary8.5%
- Consumer staples3.8%
- Energy2.9%
- Materials1.1%
- Utilities0.9%
- Real estate0.7%
Asset mix
- Stocks97.8%
- Cash2.1%
- Other0.1%
ETF details
- Issuer
- Fidelity Investments
- Category
- Equity · Equity Hedged
- Ticker
- FHEQ
- Exchange
- Cboe BZX
- Inception
- 9 Apr 2024 (2.4 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.48% (category 1.18%)
- Holdings turnover
- 86% (category 104%)
- Distribution yield
- 0.53%
- Beta, 3 years
- 0.00
- Total net assets
- $970.4M
Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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