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FHEQ vs LSEQ

Fidelity Hedged Equity ETF vs Harbor Long-Short Equity ETF

FHEQ

Fidelity Hedged Equity ETF

Fidelity Investments

Annual cost

0.48%

Fund size

$829M

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

Key differences

  • FHEQ costs 1.80% less per year.
  • FHEQ is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • FHEQ follows a tactical allocation strategy; LSEQ uses long short.

Side-by-side comparison

FHEQLSEQ
Annual cost (TER)0.48%2.28%
Fund size (AUM)$829M$15M
Since20242023
Dividend yield0.61%1.78%
Asset classalternativealternative
Regionnorth america
Strategytactical allocationlong short
CAGR 1Y+21.3%+19.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.52%14.96%
Max drawdown-11.12%-8.35%

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

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