Key stats
About Fidelity Dynamic Buffered Equity ETF Fidelity Hedged Equity ETF
Expense ratio
0.48%
Home page
Inception date
Apr 9, 2024
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks96.71%
Technology Services20.78%
Electronic Technology20.50%
Finance11.57%
Health Technology8.16%
Retail Trade8.14%
Energy Minerals3.43%
Producer Manufacturing3.40%
Consumer Services3.05%
Health Services2.37%
Consumer Non-Durables2.22%
Commercial Services2.17%
Transportation2.10%
Non-Energy Minerals1.91%
Consumer Durables1.66%
Utilities1.61%
Process Industries1.60%
Communications1.09%
Industrial Services0.54%
Distribution Services0.30%
Miscellaneous0.10%
Bonds, Cash & Other3.29%
Rights & Warrants1.06%
ETF1.04%
Mutual fund0.80%
Cash0.39%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history