FDRR vs. FHEQ ETF Comparison

Comparison of Fidelity Dividend ETF for Rising Rates (FDRR) to Fidelity Hedged Equity ETF (FHEQ)
FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$51.34

Average Daily Volume

21,251

Number of Holdings *

101

* may have additional holdings in another (foreign) market
FHEQ

Fidelity Hedged Equity ETF

FHEQ Description FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$26.95

Average Daily Volume

5,108

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period FDRR FHEQ
30 Days 1.66% 1.84%
60 Days 5.19% 4.28%
90 Days 6.99% 4.35%
12 Months 31.89%
6 Overlapping Holdings
Symbol Grade Weight in FDRR Weight in FHEQ Overlap
AAPL C 7.36% 7.27% 7.27%
AVGO C 2.77% 1.68% 1.68%
JPM D 1.87% 1.72% 1.72%
MSFT C 6.97% 5.9% 5.9%
NVDA C 7.36% 6.42% 6.42%
XOM D 1.09% 1.59% 1.09%
FDRR Overweight 95 Positions Relative to FHEQ
Symbol Grade Weight
LLY D 2.36%
UNH C 1.79%
TXN B 1.51%
ABBV B 1.45%
IBM B 1.45%
JNJ C 1.45%
V C 1.4%
HD B 1.36%
CSCO B 1.35%
DELL C 1.3%
BAC D 1.2%
MRK F 1.18%
HPQ C 1.18%
PG C 1.17%
GS B 1.07%
PFE D 1.06%
GE C 1.05%
WFC D 1.02%
CAT B 0.97%
KO B 0.96%
MCD B 0.96%
LOW B 0.95%
BX C 0.95%
MS B 0.94%
RTX B 0.94%
TJX C 0.92%
BMY C 0.92%
LMT A 0.88%
PNC C 0.88%
C C 0.86%
T B 0.85%
PM C 0.84%
VZ A 0.84%
PEP D 0.81%
GM C 0.8%
USB C 0.79%
TFC D 0.78%
CME B 0.77%
BBY A 0.76%
SBUX C 0.76%
UNP D 0.76%
HON C 0.75%
CMCSA C 0.72%
DE A 0.7%
CVS D 0.69%
CVX F 0.67%
MAR B 0.67%
NKE D 0.67%
TKO A 0.67%
FOXA B 0.64%
MO C 0.63%
UPS D 0.61%
LIN B 0.59%
F F 0.57%
PCAR D 0.56%
OMC B 0.56%
NYT B 0.54%
NEE B 0.54%
EA D 0.54%
NWSA D 0.53%
IPG C 0.46%
NXST D 0.45%
COP F 0.42%
WMG D 0.4%
TRGP C 0.39%
PLD C 0.39%
SO B 0.38%
DUK B 0.35%
GEV B 0.35%
PARA D 0.34%
EOG D 0.34%
PSA C 0.33%
NEM C 0.32%
SPG B 0.32%
FCX C 0.29%
AEP C 0.29%
D C 0.28%
CCI C 0.28%
OHI C 0.27%
APD B 0.27%
VICI C 0.26%
EXC B 0.25%
EIX B 0.25%
DVN F 0.23%
WY C 0.23%
GLPI C 0.22%
WPC C 0.21%
IP C 0.21%
IFF A 0.21%
DOW C 0.2%
AMCR B 0.18%
LYB D 0.17%
CIVI F 0.16%
WBA F 0.15%
MOS F 0.12%
FDRR Underweight 4 Positions Relative to FHEQ
Symbol Grade Weight
AMZN C -3.23%
META B -2.81%
BRK.A C -2.3%
GOOGL D -1.97%
Compare ETFs