Fidelity Hedged Equity ETF

Frequently Asked Questions About FHEQ

What does FHEQ invest in?

Normally investing at least 80% of assets in equity securities. Investing in equity securities of companies with market capitalizations generally similar to companies in the S&P 500® Index or Russell 1000 Index. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the S&P 500® Index.

What is the expense ratio of FHEQ?

Fidelity Hedged Equity ETF (FHEQ) charges an expense ratio of 0.52%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FHEQ?

Fidelity Hedged Equity ETF (FHEQ) manages $985.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FHEQ actively managed or an index fund?

FHEQ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FHEQ's is 0.52%) because there's no security selection cost.

When was FHEQ launched?

Fidelity Hedged Equity ETF (FHEQ) launched in April 2024 and is managed by Fidelity.

How has FHEQ performed?

FHEQ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.