Fidelity Hedged Equity ETF (FHEQ) Alternatives
Fidelity Hedged Equity ETF (FHEQ) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FHEQ. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FHEQ
FHEQ charges 0.48% annually. Among ETFs in the Equity Hedged category, these options have the lowest expense ratios among FHEQ alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Global X S&P 500 Tail Risk ETF | 0.25% | Aug 25, 2021 | FHEQ vs XTR | |
| Global X S&P 500 Collar 95-110 ETF | 0.25% | Aug 25, 2021 | FHEQ vs XCLR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | Dec 6, 2012 | FHEQ vs PHDG | |
| Invesco QQQ Hedged Advantage ETF | 0.45% | May 5, 2025 | FHEQ vs QQHG | |
| iShares Large Cap Max Buffer Jun ETF | 0.50% | Jun 28, 2024 | FHEQ vs MAXJ |
Best Risk-Adjusted Alternatives to FHEQ
Among ETFs in the Equity Hedged category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Cambria Value and Momentum ETF | 92 | Sep 8, 2015 | FHEQ vs VAMO | |
| iShares Large Cap Max Buffer Jun ETF | 91 | Jun 28, 2024 | FHEQ vs MAXJ | |
| Innovator U.S. Small Cap Managed Floor ETF | 89 | Sep 17, 2024 | FHEQ vs RFLR | |
| Swan Hedged Equity US Large Cap ETF | 88 | Dec 22, 2020 | FHEQ vs HEGD | |
| LHA Market State Tactical Beta ETF | 82 | Sep 29, 2020 | FHEQ vs MSTB |
Top Performing FHEQ Alternatives (YTD)
FHEQ alternatives from the Equity Hedged category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Cambria Value and Momentum ETF | 4.13% | Sep 8, 2015 | FHEQ vs VAMO | |
| Innovator U.S. Small Cap Managed Floor ETF | 2.14% | Sep 17, 2024 | FHEQ vs RFLR | |
| Invesco S&P 500 Downside Hedged ETF | 1.32% | Dec 6, 2012 | FHEQ vs PHDG | |
| JPMorgan International Hedged Equity Laddered Over... | 0.69% | Mar 15, 2019 | FHEQ vs HOLA | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -0.11% | Jul 15, 2024 | FHEQ vs KSPY |
Lowest Volatility Alternatives to FHEQ
FHEQ alternatives from the Equity Hedged category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 5.67% | Jun 28, 2024 | FHEQ vs MAXJ | |
| Swan Hedged Equity US Large Cap ETF | 7.99% | Dec 22, 2020 | FHEQ vs HEGD | |
| JPMorgan International Hedged Equity Laddered Over... | 9.31% | Mar 15, 2019 | FHEQ vs HOLA | |
| Invesco QQQ Hedged Advantage ETF | 9.59% | May 5, 2025 | FHEQ vs QQHG | |
| Overlay Shares Hedged Large Cap Equity ETF | 10.42% | Jan 14, 2021 | FHEQ vs OVLH |
Lowest Drawdown Alternatives to FHEQ
FHEQ alternatives from the Equity Hedged category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -3.88% | Jun 28, 2024 | FHEQ vs MAXJ | |
| Swan Hedged Equity US Large Cap ETF | -4.39% | Dec 22, 2020 | FHEQ vs HEGD | |
| Cambria Value and Momentum ETF | -5.55% | Sep 8, 2015 | FHEQ vs VAMO | |
| Innovator U.S. Small Cap Managed Floor ETF | -5.79% | Sep 17, 2024 | FHEQ vs RFLR | |
| Overlay Shares Hedged Large Cap Equity ETF | -6.36% | Jan 14, 2021 | FHEQ vs OVLH |
Other ETFs from Fidelity
Most popular Fidelity ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 68 | -7.30% | Oct 21, 2013 | FHEQ vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 60 | -1.78% | Sep 12, 2016 | FHEQ vs FDVV | |
| Fidelity Wise Origin Bitcoin Trust | Cryptocurrency | 6 | -22.56% | Jan 11, 2024 | FHEQ vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 63 | 0.14% | Oct 6, 2014 | FHEQ vs FBND | |
| Fidelity NASDAQ Composite Index Tracking Stock | Large Cap Growth Equities | 72 | -6.77% | Sep 25, 2003 | FHEQ vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities, Actively Managed | 64 | -8.61% | Jun 3, 2020 | FHEQ vs FBCG | |
| Fidelity Ethereum Fund | Cryptocurrency | 21 | -29.48% | Jul 22, 2024 | FHEQ vs FETH | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 64 | -4.71% | Apr 19, 2007 | FHEQ vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 70 | 7.67% | Oct 21, 2013 | FHEQ vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 53 | -10.02% | Nov 20, 2023 | FHEQ vs FELG |
Often Compared With FHEQ
What investors most often compare with FHEQ, based on PortfoliosLab usage data.
Compare FHEQ with Any Fund or Stock
Compare FHEQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.