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EHLS vs FHEQ

Even Herd Long Short ETF vs Fidelity Hedged Equity ETF

EHLS

Even Herd Long Short ETF

Even Herd, LLC

Annual cost

2.62%

Fund size

$61M

FHEQ

Fidelity Hedged Equity ETF

Fidelity Investments

Annual cost

0.48%

Fund size

$829M

Key differences

  • FHEQ costs 2.14% less per year.
  • FHEQ is significantly larger than EHLS — larger funds tend to be more liquid and less likely to close.
  • EHLS follows a long short strategy; FHEQ uses tactical allocation.

Side-by-side comparison

EHLSFHEQ
Annual cost (TER)2.62%0.48%
Fund size (AUM)$61M$829M
Since20242024
Dividend yield0.00%0.61%
Asset classalternativealternative
Regionnorth america
Strategylong shorttactical allocation
CAGR 1Y+27.0%+21.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y18.73%9.52%
Max drawdown-18.96%-11.12%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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