FHEQFidelity Hedged Equity ETF
Seeks capital appreciation.
By Fidelity Investments · Launched 2024
Annual Cost
0.48%
#2,496 of 6,040 · average
Fund Size
$970M
#1,200 of 6,040 · large
Return (1Y)
+11.6%
Track Record
2 years
#3,451 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,158+11.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeStrategy
Long short
Holdings
By weightConcentration
Top 10 holdings = 40.1% of fundmoderately concentrated
NVIDIA CORP
8.0%
APPLE INC
6.7%
MICROSOFT CORP
4.8%
AMAZON.COM INC
4.4%
ALPHABET INC
3.9%
BROADCOM INC
3.5%
ALPHABET INC
2.9%
META PLATFORMS INC
2.3%
BERKSHIRE HATHAWAY INC DEL
1.9%
JPMORGAN CHASE and CO
1.7%
Asset allocation
Stocks
97.8%
Cash
2.1%
Other
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
10.2%Moderate
Year-on-year price swings
Max drawdown
-11.1%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks capital appreciation.
- Strategy
- Invests primarily in equity securities of domestic and foreign issuers, employing an options-based strategy designed to provide downside protection. Uses quantitative analysis to select a diversified group of stocks with potential for higher total returns than the S&P 500 Index.
- Inception date
- April 9, 2024
- Fund family
- Fidelity Investments
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18