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FHEQ vs FCOR

Fidelity Hedged Equity ETF vs Fidelity Corporate Bond ETF

FHEQ

Fidelity Hedged Equity ETF

Fidelity Investments

Annual cost

0.48%

Fund size

$829M

FCOR

Fidelity Corporate Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$339M

Key differences

  • FCOR costs 0.12% less per year.
  • FHEQ is classified as alternative, while FCOR is fixed income — different risk/return profiles.
  • FHEQ follows a tactical allocation strategy; FCOR uses index tracking.
  • FCOR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FHEQFCOR
Annual cost (TER)0.48%0.36%
Fund size (AUM)$829M$339M
Since20242014
Dividend yield0.61%4.55%
Asset classalternativefixed income
Regionnorth america
Strategytactical allocationindex tracking
CAGR 1Y+21.3%+6.8%
CAGR 3YN/A+5.6%
CAGR 5YN/A+0.7%
Sharpe 3YN/A0.35
Volatility 1Y9.52%4.44%
Max drawdown-11.12%-22.60%

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

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