Screener
HEQT vs FFSM
Simplify Hedged Equity ETF vs Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF
Key differences
- HEQT is classified as alternative, while FFSM is equity — different risk/return profiles.
- HEQT follows a option income strategy; FFSM uses active selection.
- Over the last 3 years, FFSM has delivered higher annualized returns.
Side-by-side comparison
| HEQT | FFSM | |
|---|---|---|
| Annual cost (TER) | 0.43% | — |
| Fund size (AUM) | $321M | — |
| Since | 2021 | — |
| Dividend yield | 1.21% | — |
| Asset class | alternative | equity |
| Region | north america | — |
| Strategy | option income | active selection |
| CAGR 1Y | +15.3% | +37.7% |
| CAGR 3Y | +13.9% | +21.1% |
| CAGR 5Y | N/A | +9.9% |
| Sharpe 3Y | 1.24 | 0.91 |
| Volatility 1Y | 6.50% | 17.99% |
| Max drawdown | -11.51% | -26.65% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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