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FHEQ - ETF AI Analysis
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Fidelity Hedged Equity ETF (FHEQ)
Rating:72Outperform
Price Target:―
Positive Factors
Exposure to Leading U.S. Companies
The ETF’s top holdings include many large, well-known U.S. companies that are widely followed and considered core positions in many portfolios.
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any single industry runs into trouble.
Meaningful Size
With a sizable asset base, the ETF is large enough to be established and practical for many everyday investors to use.
Negative Factors
Recent Weak Performance
The ETF has shown negative returns over the past month, three months, and year to date, which may concern investors looking for near-term strength.
Concentration in Technology
A large portion of the fund is invested in technology stocks, which can make the ETF more sensitive to swings in that sector.
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the return is used to cover fees instead of staying in investors’ pockets.
FHEQ vs. SPDR S&P 500 ETF (SPY)
AUM831.76M
RegionGlobal
Expense Ratio0.48%
Beta0.68
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. Volume75,169
30 Day Avg. Volume167,333
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
36.93Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering151
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 hedging strategy to try to reduce big market drops. It doesn’t track a specific index, but focuses on well-known large-cap stocks across many sectors, especially technology, financials, and communication services. Top holdings include familiar names like Apple and Nvidia. Someone might consider this ETF for broad stock market exposure with an added layer of downside protection. A key risk is that it still invests in stocks, so its value can go up and down with the market, and the hedge may not always work perfectly.
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 and AI, with Nvidia out front as a key engine of recent gains and Alphabet’s twin share classes adding steady support. Apple has perked up lately, helping offset some of the drag from a cooling Microsoft and a wavering Amazon, both of which have lost a bit of momentum. Broadcom and Meta are more mixed, sometimes pushing, sometimes pulling on returns. Despite its “global” label, the fund’s story is really about a concentrated group of U.S. tech giants steering overall performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.66% | $63.71M | $4.57T | 41.20% | 76 Outperform | |
| Apple | 6.84% | $56.92M | $3.88T | 7.75% | 79 Outperform | |
| Microsoft | 4.61% | $38.38M | $2.97T | -2.69% | 79 Outperform | |
| Amazon | 3.65% | $30.36M | $2.20T | -2.99% | 71 Outperform | |
| Alphabet Class A | 3.07% | $25.52M | $3.67T | 75.32% | 85 Outperform | |
| Broadcom | 3.07% | $25.50M | $1.58T | 52.13% | 76 Outperform | |
| Meta Platforms | 2.59% | $21.56M | $1.63T | -4.08% | 76 Outperform | |
| Alphabet Class C | 2.36% | $19.60M | $3.67T | 73.42% | 82 Outperform | |
| Berkshire Hathaway B | 2.01% | $16.75M | $1.08T | 4.06% | 66 Neutral | |
| Eli Lilly & Co | 1.72% | $14.33M | $962.75B | 15.55% | 72 Outperform |
FHEQ Technical Analysis
Neutral
―
Price Trends
31.01
Negative
30.86
Negative
29.83
Positive
Market Momentum
-0.07
Positive
46.88
Neutral
25.00
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FHEQ, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 31.01, equal to the 50-day MA of 31.01, and equal to the 200-day MA of 29.83, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 46.88 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FHEQ.
FHEQ Peer Comparison
Comparison Results
Performance Comparison
FHEQ
Fidelity Hedged Equity ETF
30.84
3.51
12.84%
AQEC
AQE Core ETF
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―
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BBHL
BBH Select Large Cap ETF
―
―
―
TEQI
T. Rowe Price Equity Income ETF
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―
―
FYEE
Fidelity Yield Enhanced Equity ETF
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―
―
BLCR
BlackRock Large Cap Core 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.
Disclaimer
This 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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