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FHEQvsSLTYETF Comparison

ETF 1

FHEQ

Fidelity Hedged Equity ETF

This fund is part of

Options Strategies

-0.07%

Full FHEQ fund page

VS

ETF 2

SLTY

YieldMax Ultra Short Option Income Strategy ETF

This fund is part of

Alternatives

-0.48%

Full SLTY fund page

Fidelity Hedged Equity ETF (FHEQ) belongs to the Options Strategies segment. YieldMax Ultra Short Option Income Strategy ETF (SLTY) is part of the Alternatives segment. FHEQ's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, SLTY's top sector exposures are Consumer Discretionary, Communication Services and Industrials. FHEQ is less expensive with a Total Expense Ratio (TER) of 0.52%, versus 1.24% for SLTY. FHEQ is up 2.52% year-to-date (YTD) with +$31M in YTD flows. SLTY performs worse with -5.25% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of FHEQ and SLTY 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 SLTY 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 SLTY	+6.67%-4.21%	+2.42%+5.52%	+2.52%-5.25%	+23.39%n/a	n/an/a	n/an/a
Flows	FHEQ SLTY	-$57M+$4M	-$16M+$6M	+$31M+$3M	+$162M-	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FHEQ SLTY	+10.50%+13.93%	+9.65%n/a	n/an/a	n/an/a
Max drawdown	FHEQ SLTY	-7.39%-8.17%	-7.39%n/a	n/an/a	n/an/a
Max drawdown duration	FHEQ SLTY	71d24d	71dn/a	n/an/a	n/an/a

Trading data

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	FHEQ	SLTY
Last sale 4/24/2026 at 1:30 PM	$31.76	$26.41
Previous close 04/23/2026	$31.49	$26.29
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	SLTY
Last price	$31.76	$26.41
1D performance	+0.86%	+0.47%
AuM	$807.71 M	$20.41 M
E/R	0.52%	1.24%

Characteristics

	FHEQ	SLTY
Management strategy	Active	Active
Provider	Fidelity	YieldMax ETFs
Benchmark	-	-
N° of holdings	146	24
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	April 9, 2024	August 21, 2025
ESG	No	No

More FHEQ data on Trackinsight

More SLTY data on Trackinsight

Exposure

Countries

FHEQ

USA

96.67%

Other

3.33%

SLTY

Data will be available soon

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%

SLTY

Data will be available soon

Diversification

FHEQ

Total weight of top 15 holdings out of 15

46.29%

SLTY

Data will be available soon

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%

SLTY

Data will be available soon

Frequently asked questions about FHEQ and SLTY

How have the FHEQ and SLTY ETFs performed in 2026?

As of April 23, 2026, FHEQ is up 2.52% year-to-date (YTD), while SLTY has lost -5.25%. That puts FHEQ better performer ahead so far this year.

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

Year-to-date, the FHEQ ETF saw +$31M in flows, compared to +$3M for SLTY.

Which ETF is bigger: FHEQ or SLTY?

As of April 23, 2026, FHEQ holds $807.71 M in assets under management (AUM), while SLTY manages $20.41 M.

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

FHEQ top holdings include NVIDIA, APPLE and MICROSOFT-T. SLTY holds in its top three: US912797RG48, US912797RF64 and US912797RS85.

Which ETF is more diversified: FHEQ or SLTY?

FHEQ holds 157 securities with 46.29% of its assets in the top 15. SLTY has 30 securities and a top 15 weight of 51.67%.

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

February 10, 2026

FHEQ

FHEQvsSLTYETF Comparison

Fidelity Hedged Equity ETF

YieldMax Ultra Short Option Income Strategy ETF

FHEQ vs SLTY 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 SLTY ETFs performed in 2026?

As of April 23, 2026, FHEQ is up 2.52% year-to-date (YTD), while SLTY has lost -5.25%. That puts FHEQ better performer ahead so far this year.

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

Year-to-date, the FHEQ ETF saw +$31M in flows, compared to +$3M for SLTY.

Which ETF is bigger: FHEQ or SLTY?

As of April 23, 2026, FHEQ holds $807.71 M in assets under management (AUM), while SLTY manages $20.41 M.

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

FHEQ top holdings include NVIDIA, APPLE and MICROSOFT-T. SLTY holds in its top three: US912797RG48, US912797RF64 and US912797RS85.

Which ETF is more diversified: FHEQ or SLTY?

FHEQ holds 157 securities with 46.29% of its assets in the top 15. SLTY has 30 securities and a top 15 weight of 51.67%.

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

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