Screener
FESM vs FHEQ
Fidelity Enhanced Small Cap Core ETF vs Fidelity Hedged Equity ETF
Key differences
- FESM costs 0.20% less per year.
- FESM is significantly larger than FHEQ — larger funds tend to be more liquid and less likely to close.
- FESM is classified as equity, while FHEQ is alternative — different risk/return profiles.
- FESM follows a index enhanced strategy; FHEQ uses tactical allocation.
- FESM has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FESM | FHEQ | |
|---|---|---|
| Annual cost (TER) | 0.28% | 0.48% |
| Fund size (AUM) | $5.0B | $829M |
| Since | 2007 | 2024 |
| Dividend yield | 0.55% | 0.61% |
| Asset class | equity | alternative |
| Region | north america | — |
| Strategy | index enhanced | tactical allocation |
| CAGR 1Y | +52.9% | +21.3% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 19.05% | 9.52% |
| Max drawdown | -26.93% | -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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