Fidelity Hedged Equity ETFFidelity Hedged Equity ETFFidelity Hedged Equity ETF

Fidelity Hedged Equity ETF

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Key stats


Assets under management (AUM)
‪534.11 M‬USD
Fund flows (1Y)
‪516.87 M‬USD
Dividend yield (indicated)
0.76%
Discount/Premium to NAV
−0.06%
Shares outstanding
‪20.85 M‬
Expense ratio
0.48%

About Fidelity Hedged Equity ETF


Issuer
FMR LLC
Brand
Fidelity
Inception date
Apr 9, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Diversifying Solutions LLC
Distributor
Fidelity Distributors Co. LLC
FHEQ targets capital growth, primarily investing in equities of firms with market sizes like those in the S&P 500 or Russell 1000 Indexes. Using a computer-aided quantitative analysis based on historical financial data, the funds advisors seek to identify stocks for investment with the potential to offer greater total returns than the S&P 500 Index. To guard against market downturns, FHEQ employs an options strategy reliant on current put option costs, varying the diversification across options' strike prices and expiration terms. The fund includes investments in domestic and foreign companies and participates in securities lending to generate additional income.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Stock breakdown by region
97%1%0.1%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FHEQ via country, focus, and more.