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HGRO vs FHEQ

Hedgeye Quality Growth ETF vs Fidelity Hedged Equity ETF

HGRO

Hedgeye Quality Growth ETF

Hedgeye Asset Management, LLC

Annual cost

0.70%

Fund size

$97M

FHEQ

Fidelity Hedged Equity ETF

Fidelity Investments

Annual cost

0.48%

Fund size

$829M

Key differences

  • FHEQ costs 0.22% less per year.
  • FHEQ is significantly larger than HGRO — larger funds tend to be more liquid and less likely to close.
  • HGRO is classified as equity, while FHEQ is alternative — different risk/return profiles.
  • HGRO follows a active selection strategy; FHEQ uses tactical allocation.

Side-by-side comparison

HGROFHEQ
Annual cost (TER)0.70%0.48%
Fund size (AUM)$97M$829M
Since20252024
Dividend yield0.61%
Asset classequityalternative
Regionnorth america
Strategyactive selectiontactical allocation
CAGR 1YN/A+21.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.52%
Max drawdown-7.61%-11.12%

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

Similar to HGRO and FHEQ