FELCvsFHEQETF Comparison
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Fidelity Enhanced Large Cap Core ETF (FELC) belongs to the US Large Cap segment. Fidelity Hedged Equity ETF (FHEQ) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. FELC is less expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.52% for FHEQ. FELC is up 4.41% year-to-date (YTD) with +$566M in YTD flows. FHEQ performs worse with 3.18% YTD performance, and +$31M in YTD flows. Run a side-by-side ETF comparison of FELC 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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FELC vs FHEQ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FELC FHEQ | +8.97%+7.60% | +3.50%+2.60% | +4.41%+3.18% | +31.66%+22.58% | n/an/a | n/an/a |
| Flows | FELC FHEQ | -$26M-$57M | +$271M-$23M | +$566M+$31M | +$1.64B+$162M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FELC FHEQ | +15.33%+10.53% | +12.53%+9.58% | n/an/a | n/an/a |
| Max drawdown | FELC FHEQ | -9.05%-7.39% | -9.05%-7.39% | n/an/a | n/an/a |
| Max drawdown duration | FELC FHEQ | 70d71d | 70d71d | n/an/a | n/an/a |
Trading data
FELC | FHEQ | |
Last sale 4/24/2026 at 1:30 PM | $39.75 | $31.76 |
| Previous close 04/23/2026 | $39.47 | $31.49 |
| Consolidated volume 04/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
FELC | FHEQ | |
|---|---|---|
| Last price | $39.75 | $31.76 |
| 1D performance | +0.71% | +0.86% |
| AuM | $6.92 B | $812.91 M |
| E/R | 0.18% | 0.52% |
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Exposure
Countries
FELC
USA
97.07%
Other
2.93%
FHEQ
USA
96.67%
Other
3.33%
Sectors
FELC
Information Techn.
35.46%
Communication Ser.
11.84%
Financials
11.08%
Consumer Discreti.
9.73%
Industrials
8.97%
Health Care
8.36%
Other
14.56%
FHEQ
Information Techn.
36.08%
Communication Ser.
11.45%
Financials
10.8%
Consumer Discreti.
10.01%
Industrials
8.77%
Health Care
8.07%
Other
14.82%
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Diversification
FELC
Total weight of top 15 holdings out of 15
45.76%
FHEQ
Total weight of top 15 holdings out of 15
46.29%
Top 15 holdings
Data as of March 31, 2026
FELC
NVIDIA
7.98%
APPLE
7.30%
MICROSOFT-T
4.72%
AMAZON.COM INC
3.96%
BROADCOM LIMITED
3.13%
ALPHABET INC-CL
3.09%
META PLATFORMS
2.46%
ALPHABET INC-CL
2.30%
BERKSHIRE HATHWAY
2.12%
JPMORGAN CHASE
1.66%
EXXON
1.56%
LILLY
1.54%
TESLA
1.54%
MASTERCARD
1.23%
MICRON TECHNOLOGY
1.17%
FHEQ
NVIDIA
7.80%
APPLE
7.42%
MICROSOFT-T
4.82%
AMAZON.COM INC
4.02%
BROADCOM LIMITED
3.17%
ALPHABET INC-CL
3.13%
META PLATFORMS
2.42%
ALPHABET INC-CL
2.36%
BERKSHIRE HATHWAY
2.15%
JPMORGAN CHASE
1.72%
LILLY
1.69%
EXXON
1.65%
TESLA
1.50%
MASTERCARD
1.22%
ABBVIE
1.21%
Frequently asked questions about FELC and FHEQ
How have the FELC and FHEQ ETFs performed in 2026?
As of April 24, 2026, FELC is up 4.41% year-to-date (YTD), while FHEQ has returned 3.18%. That puts FELC better performer ahead so far this year.
Which ETF is attracting more investor money: FELC or FHEQ?
Year-to-date, the FELC ETF saw +$566M in flows, compared to +$31M for FHEQ.
Which ETF is more volatile: FELC or FHEQ?
Over the past year, FELC had a volatility of 12.53%, while FHEQ experienced 9.58%.
Which ETF is bigger: FELC or FHEQ?
As of April 24, 2026, FELC holds $6.92 B in assets under management (AUM), while FHEQ manages $812.91 M.
What sectors do the FELC and FHEQ ETFs invest in?
FELC leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, FHEQ focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the FELC ETF and FHEQ ETF?
FELC top holdings include NVIDIA, APPLE and MICROSOFT-T. FHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: FELC or FHEQ?
FELC holds 198 securities with 45.76% of its assets in the top 15. FHEQ has 157 securities and a top 15 weight of 46.29%.
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Latest news about FELC & FHEQ
Tony’s ETF Buyer’s Guide: Hedged Equity ETFs
February 10, 2026
FHEQ
Fidelity Continues Trend of Mutual Fund Conversions to ETFs
November 27, 2023
FELC
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