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FHEQvsFYEEETF Comparison

ETF 1

FHEQ

Fidelity Hedged Equity ETF

This fund is part of

Options Strategies

-0.07%

Full FHEQ fund page

VS

ETF 2

FYEE

Fidelity Yield Enhanced Equity ETF

This fund is part of

Options Strategies

-0.07%

Full FYEE fund page

Fidelity Hedged Equity ETF (FHEQ) and Fidelity Yield Enhanced Equity ETF (FYEE) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. FHEQ is more expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.32% for FYEE. FHEQ is up 2.52% year-to-date (YTD) with +$31M in YTD flows. FYEE performs better with 2.65% YTD performance, and +$31M in YTD flows. Run a side-by-side ETF comparison of FHEQ and FYEE 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 FYEE performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 04/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FHEQ FYEE	+6.67%+4.42%	+2.42%+1.89%	+2.52%+2.65%	+23.39%+28.33%	n/an/a	n/an/a
Flows	FHEQ FYEE	-$57M+$9M	-$16M+$21M	+$31M+$31M	+$162M+$144M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FHEQ FYEE	+10.50%+12.85%	+9.65%+9.81%	n/an/a	n/an/a
Max drawdown	FHEQ FYEE	-7.39%-7.18%	-7.39%-7.18%	n/an/a	n/an/a
Max drawdown duration	FHEQ FYEE	71d71d	71d71d	n/an/a	n/an/a

Trading data

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	FHEQ	FYEE
Last sale 4/24/2026 at 1:30 PM	$31.76	$28.57
Previous close 04/23/2026	$31.49	$28.51
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

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

Live

Closed

	FHEQ	FYEE
Last price	$31.76	$28.57
1D performance	+0.86%	+0.19%
AuM	$807.71 M	$159.60 M
E/R	0.52%	0.32%

Characteristics

	FHEQ	FYEE
Management strategy	Active	Active
Provider	Fidelity	Fidelity
Benchmark	-	-
N° of holdings	146	147
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	April 9, 2024	April 9, 2024
ESG	No	No

More FHEQ data on Trackinsight

More FYEE data on Trackinsight

Exposure

Countries

FHEQ

USA

96.67%

Other

3.33%

FYEE

USA

97.25%

Other

2.75%

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%

FYEE

Information Techn.

35.43%

Communication Ser.

11.83%

Financials

10.86%

Consumer Discreti.

9.56%

Industrials

9.09%

Health Care

8.13%

Other

15.11%

Diversification

FHEQ

Total weight of top 15 holdings out of 15

46.29%

FYEE

Total weight of top 15 holdings out of 15

47.06%

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%

FYEE

NVIDIA

8.21%

APPLE

7.61%

MICROSOFT-T

4.92%

AMAZON.COM INC

3.98%

ALPHABET INC-CL

3.35%

BROADCOM LIMITED

3.19%

META PLATFORMS

2.42%

ALPHABET INC-CL

2.26%

BERKSHIRE HATHWAY

2.15%

JPMORGAN CHASE

1.97%

TESLA

1.61%

LILLY

1.53%

EXXON

1.44%

MASTERCARD

1.23%

ABBVIE

1.20%

Frequently asked questions about FHEQ and FYEE

How have the FHEQ and FYEE ETFs performed in 2026?

As of April 23, 2026, FHEQ is up 2.52% year-to-date (YTD), while FYEE has returned 2.65%. That puts FYEE better performer ahead so far this year.

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

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

Which ETF is more volatile: FHEQ or FYEE?

Over the past year, FHEQ had a volatility of 9.65%, while FYEE experienced 9.81%.

Which ETF is bigger: FHEQ or FYEE?

As of April 23, 2026, FHEQ holds $807.71 M in assets under management (AUM), while FYEE manages $159.60 M.

What sectors do the FHEQ and FYEE ETFs invest in?

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

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

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

Which ETF is more diversified: FHEQ or FYEE?

FHEQ holds 157 securities with 46.29% of its assets in the top 15. FYEE has 159 securities and a top 15 weight of 47.06%.

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

February 10, 2026

FHEQ

FHEQvsFYEEETF Comparison

Fidelity Hedged Equity ETF

Fidelity Yield Enhanced Equity ETF

FHEQ vs FYEE 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 FYEE ETFs performed in 2026?

As of April 23, 2026, FHEQ is up 2.52% year-to-date (YTD), while FYEE has returned 2.65%. That puts FYEE better performer ahead so far this year.

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

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

Which ETF is more volatile: FHEQ or FYEE?

Over the past year, FHEQ had a volatility of 9.65%, while FYEE experienced 9.81%.

Which ETF is bigger: FHEQ or FYEE?

As of April 23, 2026, FHEQ holds $807.71 M in assets under management (AUM), while FYEE manages $159.60 M.

What sectors do the FHEQ and FYEE ETFs invest in?

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

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

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

Which ETF is more diversified: FHEQ or FYEE?

FHEQ holds 157 securities with 46.29% of its assets in the top 15. FYEE has 159 securities and a top 15 weight of 47.06%.

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

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