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FHEQvsBBUSETF Comparison

ETF 1

FHEQ

Fidelity Hedged Equity ETF

This fund is part of

Options Strategies

+0.26%

Full FHEQ fund page

VS

ETF 2

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

This fund is part of

US Large Cap

+0.9%

Full BBUS fund page

Fidelity Hedged Equity ETF (FHEQ) belongs to the Options Strategies segment. JPMorgan BetaBuilders U.S. Equity ETF (BBUS) is part of the US Large Cap segment. FHEQ's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, BBUS's top sector exposures are Information Technology, Financials and Communication Services. FHEQ is more expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.02% for BBUS. FHEQ is up 3.18% year-to-date (YTD) with +$31M in YTD flows. BBUS performs better with 4.68% YTD performance, and +$675M in YTD flows. Run a side-by-side ETF comparison of FHEQ and BBUS 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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FHEQ vs BBUS performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FHEQ BBUS	+7.60%+9.43%	+2.60%+3.14%	+3.18%+4.68%	+22.58%+31.71%	n/a+80.77%	n/a+79.21%
Flows	FHEQ BBUS	-$57M+$147M	-$23M+$563M	+$31M+$675M	+$162M+$2.11B	-+$4.11B	-+$5.18B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FHEQ BBUS	+10.53%+15.32%	+9.58%+12.55%	n/a+15.11%	n/a+17.21%
Max drawdown	FHEQ BBUS	-7.39%-9.15%	-7.39%-9.15%	n/a-19.04%	n/a-25.46%
Max drawdown duration	FHEQ BBUS	71d77d	71d77d	n/a126d	n/a715d

Trading data

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	FHEQ	BBUS
Last sale 4/24/2026 at 1:30 PM	$31.76	$128.75
Previous close 04/24/2026	$31.49	$127.76
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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FHEQ

is actively managed and doesn’t replicate an index

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	FHEQ	BBUS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	FHEQ	BBUS
Last price	$31.76	$128.75
1D performance	+0.86%	+0.77%
AuM	$812.91 M	$7.78 B
E/R	0.52%	0.02%

Characteristics

	FHEQ	BBUS
Management strategy	Active	Passive
Provider	Fidelity	J.P. Morgan Asset Management
Benchmark	-	Morningstar US Target Market Exposure Index
N° of holdings	146	461
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 9, 2024	March 12, 2019
ESG	No	No

More FHEQ data on Trackinsight

More BBUS data on Trackinsight

Exposure

Countries

FHEQ

USA

96.67%

Other

3.33%

BBUS

USA

96.95%

Other

3.05%

Sectors

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%

BBUS

Information Techn.

33.92%

Financials

10.34%

Communication Ser.

10.25%

Consumer Discreti.

9.97%

Health Care

9.41%

Industrials

8.37%

Other

17.74%

Diversification

FHEQ

Total weight of top 15 holdings out of 15

46.29%

BBUS

Total weight of top 15 holdings out of 15

41.95%

Top 15 holdings

Data as of March 31, 2026

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%

BBUS

NVIDIA

7.20%

APPLE

6.69%

MICROSOFT-T

4.86%

AMAZON.COM INC

3.59%

ALPHABET INC-CL

2.93%

BROADCOM LIMITED

2.57%

ALPHABET INC-CL

2.54%

META PLATFORMS

2.11%

TESLA

1.87%

BERKSHIRE HATHWAY

1.58%

JPMORGAN CHASE

1.40%

EXXON

1.31%

LILLY

1.28%

JOHNSON&JOHNSON

1.06%

WALMART INC

0.97%

Frequently asked questions about FHEQ and BBUS

How have the FHEQ and BBUS ETFs performed in 2026?

As of April 24, 2026, FHEQ is up 3.18% year-to-date (YTD), while BBUS has returned 4.68%. That puts BBUS better performer ahead so far this year.

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

Year-to-date, the FHEQ ETF saw +$31M in flows, compared to +$675M for BBUS.

Which ETF is more volatile: FHEQ or BBUS?

Over the past year, FHEQ had a volatility of 9.58%, while BBUS experienced 12.55%.

Which ETF is bigger: FHEQ or BBUS?

As of April 24, 2026, FHEQ holds $812.91 M in assets under management (AUM), while BBUS manages $7.78 B.

What sectors do the FHEQ and BBUS ETFs invest in?

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

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

FHEQ top holdings include NVIDIA, APPLE and MICROSOFT-T. BBUS holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: FHEQ or BBUS?

FHEQ holds 157 securities with 46.29% of its assets in the top 15. BBUS has 492 securities and a top 15 weight of 41.95%.

Tony’s ETF Buyer’s Guide: Hedged Equity ETFs

February 10, 2026

FHEQ

FHEQvsBBUSETF Comparison

Fidelity Hedged Equity ETF

JPMorgan BetaBuilders U.S. Equity ETF

FHEQ vs BBUS performance and flow charts

Performance

Cumulative Flows

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

Countries

Sectors

Diversification

Top 15 holdings

How have the FHEQ and BBUS ETFs performed in 2026?

As of April 24, 2026, FHEQ is up 3.18% year-to-date (YTD), while BBUS has returned 4.68%. That puts BBUS better performer ahead so far this year.

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

Year-to-date, the FHEQ ETF saw +$31M in flows, compared to +$675M for BBUS.

Which ETF is more volatile: FHEQ or BBUS?

Over the past year, FHEQ had a volatility of 9.58%, while BBUS experienced 12.55%.

Which ETF is bigger: FHEQ or BBUS?

As of April 24, 2026, FHEQ holds $812.91 M in assets under management (AUM), while BBUS manages $7.78 B.

What sectors do the FHEQ and BBUS ETFs invest in?

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

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

FHEQ top holdings include NVIDIA, APPLE and MICROSOFT-T. BBUS holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: FHEQ or BBUS?

FHEQ holds 157 securities with 46.29% of its assets in the top 15. BBUS has 492 securities and a top 15 weight of 41.95%.

Tony’s ETF Buyer’s Guide: Hedged Equity ETFs

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