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HFSP vs FHEQ

TradersAI Large Cap Equity & Cash ETF vs Fidelity Hedged Equity ETF

HFSP

TradersAI Large Cap Equity & Cash ETF

Annual cost

1.25%

Fund size

$0.7M

FHEQ

Fidelity Hedged Equity ETF

Annual cost

0.48%

Fund size

$829M

Key differences

  • FHEQ costs 0.77% less per year.
  • FHEQ is significantly larger than HFSP — larger funds tend to be more liquid and less likely to close.
  • HFSP follows a long short strategy; FHEQ uses tactical allocation.

Side-by-side comparison

HFSPFHEQ
Annual cost (TER)1.25%0.48%
Fund size (AUM)$0.7M$829M
Since20242024
Dividend yield0.00%0.61%
Asset classalternativealternative
Regionnorth america
Strategylong shorttactical allocation
CAGR 1Y-15.5%+23.0%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y21.04%9.50%
Max drawdown-33.80%-11.12%

Similar to HFSP and FHEQ