FHEQ - ETF AI Analysis
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Fidelity Hedged Equity ETF (FHEQ)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown positive returns over the past month and year-to-date, indicating recent momentum.
Leading Technology and Growth Holdings
Several major positions in well-known technology and growth companies have delivered strong gains, helping support the fund’s results.
Broad Sector Diversification
Holdings spread across technology, financials, communication services, consumer sectors, and more help reduce the impact of weakness in any single industry.
Negative Factors
Heavy U.S. Concentration
With almost all assets in U.S. companies, the fund offers limited geographic diversification and is highly tied to the U.S. market.
Tech-Heavy Portfolio
A large tilt toward technology stocks means the ETF could be more sensitive to downturns in the tech sector.
Mixed Performance Among Top Holdings
Some of the largest positions have shown weak or negative performance recently, which can drag on overall returns if that trend continues.
FHEQ vs. SPDR S&P 500 ETF (SPY)
AUM896.29M
RegionGlobal
Expense Ratio0.48%
Beta0.70
IssuerFidelity
Inception DateApr 09, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume51,843
30 Day Avg. Volume83,302
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
39.47Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering169
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FHEQ Summary
The Fidelity Hedged Equity ETF (FHEQ) invests mainly in large U.S. companies and uses a built-in hedge to try to reduce big market drops. It doesn’t track a specific index, but focuses on well-known large-cap stocks, especially in technology and financials. Top holdings include companies like Apple and Nvidia, along with other major tech and blue-chip names. Someone might consider this ETF if they want stock market growth potential with an added layer of downside protection. A key risk is that it still owns stocks, so its value can go up and down with the market, especially tech shares.
How much will it cost me?The Fidelity Hedged Equity ETF (FHEQ) has an expense ratio of 0.48%, which means you’ll pay $4.80 per year for every $1,000 invested. This is slightly higher than average because it uses active management and hedging strategies to reduce risk and manage market volatility.
What would affect this ETF?The Fidelity Hedged Equity ETF (FHEQ) could benefit from growth in the technology sector, which makes up a significant portion of its holdings, as well as strong performance from top companies like Nvidia, Apple, and Microsoft. However, rising interest rates or economic slowdowns could negatively impact large-cap stocks and sectors like financials and consumer cyclical, while global market volatility might challenge its hedging strategy. The ETF's broad geographic exposure provides diversification, but global economic uncertainty could still pose risks.
FHEQ Top 10 Holdings
FHEQ is leaning heavily on Big Tech, with Nvidia, Apple, Microsoft, Amazon, Alphabet, and Broadcom forming the core engine of the fund. The story lately is a bit two-speed: Micron is surging and giving the portfolio a fresh burst of AI-driven momentum, while Microsoft, Meta, and some of the other mega-cap names have been losing steam and acting as a mild drag. With a clear tilt toward global technology and communication giants, plus a steadier ballast from Berkshire Hathaway, this ETF is globally diversified but very much powered by U.S. tech leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.75% | $69.43M | $5.10T | 44.72% | 76 Outperform | |
| Apple | 7.07% | $63.35M | $4.38T | 47.40% | 79 Outperform | |
| Microsoft | 4.23% | $37.96M | $2.82T | -24.42% | 79 Outperform | |
| Amazon | 3.89% | $34.86M | $2.63T | 11.66% | 71 Outperform | |
| Alphabet Class A | 3.52% | $31.54M | $4.46T | 111.68% | 85 Outperform | |
| Broadcom | 3.04% | $27.24M | $1.96T | 54.52% | 76 Outperform | |
| Alphabet Class C | 2.52% | $22.56M | $4.46T | 110.10% | 82 Outperform | |
| Meta Platforms | 2.25% | $20.14M | $1.47T | -19.28% | 76 Outperform | |
| Micron | 1.92% | $17.18M | $1.28T | 892.28% | 79 Outperform | |
| Berkshire Hathaway B | 1.92% | $17.18M | $1.06T | 0.19% | 66 Neutral |
FHEQ Technical Analysis
Positive
―
Price Trends
32.75
Positive
31.53
Positive
31.13
Positive
Market Momentum
0.03
Positive
54.07
Neutral
62.96
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FHEQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 32.88, equal to the 50-day MA of 32.75, and equal to the 200-day MA of 31.13, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 54.07 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FHEQ.
FHEQ Peer Comparison
Comparison Results
Performance Comparison
FHEQ
Fidelity Hedged Equity ETF
33.04
4.30
14.96%
FFLG
Fidelity Fundamental Large Cap Growth ETF
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AQEC
AQE Core ETF
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BBHL
BBH Select Large Cap ETF
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TEQI
T. Rowe Price Equity Income ETF
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FYEE
Fidelity Yield Enhanced Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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