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ALRGvsFHEQETF Comparison

ETF 1
ALRG

Allspring LT Large Core ETF

This fund is part of
US Large Cap
-1.51%
Full ALRG fund page
VS
ETF 2
FHEQ

Fidelity Hedged Equity ETF

This fund is part of
Options Strategies
-1.02%
Full FHEQ fund page

Allspring LT Large Core ETF (ALRG) belongs to the US Large Cap segment. Fidelity Hedged Equity ETF (FHEQ) is part of the Options Strategies segment. ALRG's top 3 sector exposures are Information Technology, Industrials and Communication Services. In contrast, FHEQ's top sector exposures are Information Technology, Communication Services and Financials. ALRG is less expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.52% for FHEQ. ALRG is down -1.02% year-to-date (YTD) with +$3K in YTD flows. FHEQ performs worse with -2.37% YTD performance, and +$86M in YTD flows. Run a side-by-side ETF comparison of ALRG and FHEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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ALRG vs FHEQ performance and flow charts

Performance

-3.0-2.0-1.00.01.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

-5 M0 M5 M10 MFeb 11Feb 19Feb 26Mar 5Mar 12

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
ALRG
FHEQ
-1.97%-1.68%
-1.94%-2.38%
-1.02%-2.37%
n/a+14.22%
n/an/a
n/an/a
Flows
ALRG
FHEQ
+$5K+$5M
-$3K+$205M
+$3K+$86M
-+$392M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
ALRG
FHEQ
+11.57%+8.47%
n/a+11.05%
n/an/a
n/an/a
Max drawdown
ALRG
FHEQ
-3.99%-3.74%
n/a-6.29%
n/an/a
n/an/a
Max drawdown duration
ALRG
FHEQ
43d38d
n/a45d
n/an/a
n/an/a
Trading data

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ALRG
FHEQ
Last sale
3/13/2026 at 1:46 PM
$26.88
$30.01
Previous close
03/12/2026
$26.88
$30.14
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 3/13/2026 at 1:46 PM
Live
Closed
ALRG
FHEQ
Last price
$26.88
$30.01
1D performance
+0.00%
-0.45%
AuM$6.88 M$827.17 M
E/R0.28%0.52%
Characteristics
ALRG
FHEQ
Management strategyActiveActive
ProviderAllspringFidelity
Benchmark--
N° of holdings41129
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateJuly 8, 2025April 9, 2024
ESGNoNo
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Exposure

Countries

ALRG
USA
88%
Other
12%
FHEQ
USA
97.87%
Other
2.13%

Sectors

ALRG
Information Techn.
32.72%
Industrials
11.54%
Communication Ser.
11.35%
Consumer Discreti.
11.29%
Financials
10.72%
Other
22.38%
FHEQ
Information Techn.
36.65%
Communication Ser.
11.87%
Financials
11.68%
Consumer Discreti.
10.32%
Industrials
10%
Health Care
8.45%
Other
11.03%
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Diversification

ALRG

Total weight of top 15 holdings out of 15

56.53%
FHEQ

Total weight of top 15 holdings out of 15

47.21%

Top 15 holdings

Data as of January 31, 2026
ALRG
APPLE
7.92%
MICROSOFT-T
7.27%
ALPHABET INC-CL
6.18%
AMAZON.COM INC
5.12%
BROADCOM LIMITED
4.51%
META PLATFORMS
3.81%
NVIDIA
2.99%
JPMORGAN CHASE
2.94%
LILLY
2.73%
SUNCOR ENERGY
2.38%
BOEING U
2.27%
CITIGROUP
2.25%
RAYTHEON TECHNOLOGIES CORPORD
2.18%
VISA INCORPORATION
2.15%
US5128073062
1.83%
FHEQ
NVIDIA
8.24%
APPLE
6.74%
MICROSOFT-T
5.88%
AMAZON.COM INC
4.53%
BROADCOM LIMITED
3.13%
ALPHABET INC-CL
2.88%
META PLATFORMS
2.87%
ALPHABET INC-CL
2.75%
BERKSHIRE HATHWAY
1.97%
JPMORGAN CHASE
1.65%
LILLY
1.65%
TESLA
1.56%
MASTERCARD
1.19%
ABBVIE
1.14%
GENERAL ELECTRIC
1.02%
Frequently asked questions about ALRG and FHEQ

How have the ALRG and FHEQ ETFs performed in 2026?

As of March 11, 2026, ALRG is down -1.02% year-to-date (YTD), while FHEQ has lost -2.37%. That puts ALRG better performer ahead so far this year.

Which ETF is attracting more investor money: ALRG or FHEQ?

Year-to-date, the ALRG ETF saw +$3K in flows, compared to +$86M for FHEQ.

Which ETF is bigger: ALRG or FHEQ?

As of March 11, 2026, ALRG holds $6.88 M in assets under management (AUM), while FHEQ manages $827.17 M.

What sectors do the ALRG and FHEQ ETFs invest in?

ALRG leans toward sectors like Information Technology, Industrials and Communication Services. Meanwhile, FHEQ focuses on Information Technology, Communication Services and Financials.

What are the top holdings of the ALRG ETF and FHEQ ETF?

ALRG top holdings include APPLE, MICROSOFT-T and ALPHABET INC-CL. FHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: ALRG or FHEQ?

ALRG holds 44 securities with 56.53% of its assets in the top 15. FHEQ has 135 securities and a top 15 weight of 47.21%.

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