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FHEQ vs FFDI

Fidelity Hedged Equity ETF vs Fidelity Fundamental Developed

FHEQ

Fidelity Hedged Equity ETF

Fidelity Investments

Annual cost

0.48%

Fund size

$829M

FFDI

Fidelity Fundamental Developed

Fidelity Investments

Annual cost

0.55%

Fund size

$22M

Key differences

  • FHEQ costs 0.07% less per year.
  • FHEQ is significantly larger than FFDI — larger funds tend to be more liquid and less likely to close.
  • FHEQ is classified as alternative, while FFDI is equity — different risk/return profiles.
  • FHEQ follows a tactical allocation strategy; FFDI uses index tracking.

Side-by-side comparison

FHEQFFDI
Annual cost (TER)0.48%0.55%
Fund size (AUM)$829M$22M
Since20242024
Dividend yield0.61%2.11%
Asset classalternativeequity
Region
Strategytactical allocationindex tracking
CAGR 1Y+21.3%+12.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.52%16.99%
Max drawdown-11.12%-14.39%

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

Similar to FHEQ and FFDI