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FHEQ vs FSYD

Fidelity Hedged Equity ETF vs Fidelity Sustainable High Yield ETF

FHEQ

Fidelity Hedged Equity ETF

Fidelity Investments

Annual cost

0.48%

Fund size

$829M

FSYD

Fidelity Sustainable High Yield ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$113M

Key differences

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

Side-by-side comparison

FHEQFSYD
Annual cost (TER)0.48%0.55%
Fund size (AUM)$829M$113M
Since20242022
Dividend yield0.61%6.39%
Asset classalternativefixed income
Region
Strategytactical allocationindex tracking
CAGR 1Y+21.3%+10.7%
CAGR 3YN/A+9.8%
CAGR 5YN/AN/A
Sharpe 3YN/A1.10
Volatility 1Y9.52%4.25%
Max drawdown-11.12%-12.11%

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

Similar to FHEQ and FSYD