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About Fidelity Hedged Equity ETF
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Inception date
Apr 9, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Diversifying Solutions LLC
Distributor
Fidelity Distributors Co. LLC
FHEQ targets capital growth, primarily investing in equities of firms with market sizes like those in the S&P 500 or Russell 1000 Indexes. Using a computer-aided quantitative analysis based on historical financial data, the funds advisors seek to identify stocks for investment with the potential to offer greater total returns than the S&P 500 Index. To guard against market downturns, FHEQ employs an options strategy reliant on current put option costs, varying the diversification across options' strike prices and expiration terms. The fund includes investments in domestic and foreign companies and participates in securities lending to generate additional income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks98.07%
Electronic Technology22.52%
Technology Services20.27%
Finance14.66%
Retail Trade9.34%
Health Technology7.05%
Consumer Services3.39%
Transportation3.05%
Producer Manufacturing2.86%
Consumer Non-Durables2.54%
Consumer Durables2.22%
Energy Minerals2.06%
Industrial Services1.53%
Health Services1.39%
Process Industries1.32%
Commercial Services1.25%
Communications1.22%
Utilities0.91%
Distribution Services0.30%
Non-Energy Minerals0.21%
Miscellaneous0.00%
Bonds, Cash & Other1.93%
Rights & Warrants1.49%
Mutual fund0.34%
Cash0.08%
Futures0.02%
Stock breakdown by region
North America97.87%
Europe2.13%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FHEQ invests in stocks. The fund's major sectors are Electronic Technology, with 22.52% stocks, and Technology Services, with 20.27% of the basket. The assets are mostly located in the North America region.
FHEQ top holdings are NVIDIA Corporation and Apple Inc., occupying 6.98% and 6.48% of the portfolio correspondingly.
FHEQ last dividends amounted to 0.06 USD. The quarter before, the issuer paid 0.06 USD in dividends,
FHEQ assets under management is 576.45 M USD. It's risen 8.41% over the last month.
FHEQ fund flows account for 46.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FHEQ pays dividends to its holders with the dividend yield of 0.70%. The last dividend (Mar 25, 2025) amounted to 0.06 USD. The dividends are paid quarterly.
FHEQ shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Apr 9, 2024, and its management style is Active.
FHEQ expense ratio is 0.48% meaning you'd have to pay 0.48% of your investment to help manage the fund.
FHEQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FHEQ invests in stocks.
FHEQ price has risen by 6.14% over the last month, and its yearly performance shows a 7.90% increase. See more dynamics on FHEQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.75% over the last month, showed a −0.22% decrease in three-month performance and has increased by 0.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.75% over the last month, showed a −0.22% decrease in three-month performance and has increased by 0.29% in a year.
FHEQ trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.