Screener
FFSM vs FHEQ
Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF vs Fidelity Hedged Equity ETF
Key differences
- FFSM is classified as equity, while FHEQ is alternative — different risk/return profiles.
- FFSM follows a active selection strategy; FHEQ uses tactical allocation.
Side-by-side comparison
| FFSM | FHEQ | |
|---|---|---|
| Annual cost (TER) | — | 0.48% |
| Fund size (AUM) | — | $829M |
| Since | — | 2024 |
| Dividend yield | — | 0.61% |
| Asset class | equity | alternative |
| Region | — | — |
| Strategy | active selection | tactical allocation |
| CAGR 1Y | +37.7% | +21.3% |
| CAGR 3Y | +21.1% | N/A |
| CAGR 5Y | +9.9% | N/A |
| Sharpe 3Y | 0.91 | N/A |
| Volatility 1Y | 17.99% | 9.52% |
| Max drawdown | -26.65% | -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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