BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

MMTMvsFHEQETF Comparison

ETF 1

MMTM

State Street SPDR S&P 1500 Momentum Tilt ETF

This fund is part of

US Multi-Factor

+0.09%

Full MMTM fund page

VS

ETF 2

FHEQ

Fidelity Hedged Equity ETF

This fund is part of

Options Strategies

-0.18%

Full FHEQ fund page

State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) belongs to the US Multi-Factor segment. Fidelity Hedged Equity ETF (FHEQ) is part of the Options Strategies segment. MMTM's top 3 sector exposures are Information Technology, Financials and Consumer Discretionary. In contrast, FHEQ's top sector exposures are Information Technology, Communication Services and Financials. MMTM is less expensive with a Total Expense Ratio (TER) of 0.12%, versus 0.52% for FHEQ. MMTM is up 8.36% year-to-date (YTD) with -$9M in YTD flows. FHEQ performs worse with 6.49% YTD performance, and +$49M in YTD flows. Run a side-by-side ETF comparison of MMTM 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

MMTM vs FHEQ performance and flow charts

Performance

Cumulative Flows

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.

Data Services

Historic performance and flows

Data as of 06/09/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MMTM FHEQ	+0.66%-0.31%	+8.22%+7.69%	+8.36%+6.49%	+23.27%+17.45%	+81.41%n/a	+87.34%n/a
Flows	MMTM FHEQ	--$900K	-$10M-$41M	-$9M+$49M	-$11M+$264M	+$20M-	+$12M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MMTM FHEQ	+15.47%+11.10%	+14.15%+9.49%	+17.61%n/a	+18.31%n/a
Max drawdown	MMTM FHEQ	-7.27%-5.02%	-9.89%-7.39%	-21.93%n/a	-23.80%n/a
Max drawdown duration	MMTM FHEQ	27d30d	44d71d	155dn/a	708dn/a

Trading data

Create an account to view trading data

Join for free

	MMTM	FHEQ
Last sale 6/10/2026 at 1:30 PM	$312.37	$32.35
Previous close 06/09/2026	$315.49	$32.82
Consolidated volume 06/09/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

FHEQ

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

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

Main metrics

Last update 6/10/2026 at 1:30 PM

Live

Closed

	MMTM	FHEQ
Last price	$312.37	$32.35
1D performance	-0.99%	-1.43%
AuM	$167.22 M	$857.00 M
E/R	0.12%	0.52%

Characteristics

	MMTM	FHEQ
Management strategy	Passive	Active
Provider	State Street Investment Management	Fidelity
Benchmark	S&P 1500 Positive Momentum Tilt Index	-
N° of holdings	1394	141
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	October 24, 2012	April 9, 2024
ESG	No	No

More MMTM data on Trackinsight

More FHEQ data on Trackinsight

Exposure

Countries

MMTM

USA

96.31%

Other

3.69%

FHEQ

USA

97.57%

Other

2.43%

Sectors

MMTM

Information Techn.

31.34%

Financials

12.6%

Consumer Discreti.

12.22%

Health Care

10.53%

Industrials

7.92%

Communication Ser.

7.46%

Other

17.93%

FHEQ

Information Techn.

38.17%

Communication Ser.

12.3%

Financials

10.28%

Consumer Discreti.

9.73%

Industrials

8.4%

Health Care

7.27%

Other

13.86%

Diversification

MMTM

Total weight of top 15 holdings out of 15

38.99%

FHEQ

Total weight of top 15 holdings out of 15

48.84%

Top 15 holdings

Data as of April 30, 2026

MMTM

MICROSOFT-T

7.72%

APPLE

6.46%

AMAZON.COM INC

5.00%

NVIDIA

3.37%

META PLATFORMS

3.00%

BERKSHIRE HATHWAY

2.35%

LILLY

1.66%

VISA INCORPORATION

1.58%

TESLA

1.24%

JPMORGAN CHASE

1.24%

NETFLIX

1.13%

MASTERCARD

1.11%

COSTCO WHOLESALE

1.07%

BROADCOM LIMITED

1.07%

UNITEDHEALTH GRP

1.01%

FHEQ

NVIDIA

9.24%

APPLE

7.04%

MICROSOFT-T

5.28%

AMAZON.COM INC

4.51%

ALPHABET INC-CL

3.71%

BROADCOM LIMITED

3.61%

ALPHABET INC-CL

2.78%

META PLATFORMS

2.66%

BERKSHIRE HATHWAY

1.92%

JPMORGAN CHASE

1.71%

MICRON TECHNOLOGY

1.51%

LILLY

1.25%

EXXON

1.24%

TESLA

1.24%

MASTERCARD

1.13%

Frequently asked questions about MMTM and FHEQ

How have the MMTM and FHEQ ETFs performed in 2026?

As of June 9, 2026, MMTM is up 8.36% year-to-date (YTD), while FHEQ has returned 6.49%. That puts MMTM better performer ahead so far this year.

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

Year-to-date, the MMTM ETF saw -$9M in flows, compared to +$49M for FHEQ.

Which ETF is more volatile: MMTM or FHEQ?

Over the past year, MMTM had a volatility of 14.15%, while FHEQ experienced 9.49%.

Which ETF is bigger: MMTM or FHEQ?

As of June 9, 2026, MMTM holds $167.22 M in assets under management (AUM), while FHEQ manages $857.00 M.

What sectors do the MMTM and FHEQ ETFs invest in?

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

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

MMTM top holdings include MICROSOFT-T, APPLE and AMAZON.COM INC. FHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: MMTM or FHEQ?

MMTM holds 1484 securities with 38.99% of its assets in the top 15. FHEQ has 154 securities and a top 15 weight of 48.84%.

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

February 10, 2026

FHEQ

MMTMvsFHEQETF Comparison

State Street SPDR S&P 1500 Momentum Tilt ETF

Fidelity Hedged Equity ETF

MMTM vs FHEQ 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 MMTM and FHEQ ETFs performed in 2026?

As of June 9, 2026, MMTM is up 8.36% year-to-date (YTD), while FHEQ has returned 6.49%. That puts MMTM better performer ahead so far this year.

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

Year-to-date, the MMTM ETF saw -$9M in flows, compared to +$49M for FHEQ.

Which ETF is more volatile: MMTM or FHEQ?

Over the past year, MMTM had a volatility of 14.15%, while FHEQ experienced 9.49%.

Which ETF is bigger: MMTM or FHEQ?

As of June 9, 2026, MMTM holds $167.22 M in assets under management (AUM), while FHEQ manages $857.00 M.

What sectors do the MMTM and FHEQ ETFs invest in?

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

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

MMTM top holdings include MICROSOFT-T, APPLE and AMAZON.COM INC. FHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: MMTM or FHEQ?

MMTM holds 1484 securities with 38.99% of its assets in the top 15. FHEQ has 154 securities and a top 15 weight of 48.84%.

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

Expert-Built ETF Portfolios, All in One Place