FHEQ vs. FYEE ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to Fidelity Yield Enhanced Equity ETF (FYEE)

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

$27.02

Average Daily Volume

20,672

Number of Holdings ^*

157

* may have additional holdings in another (foreign) market

FYEE

Fidelity Yield Enhanced Equity ETF

FYEE Description

FYEE is actively managed, investing in equities similar to the S&P 500 and Russell 1000. The fund sells call options for income generation, emphasizing current income and potential capital growth.

Grade (RS Rating)

Last Trade

$26.35

Average Daily Volume

1,954

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	FYEE
30 Days	0.66%	1.17%
60 Days	1.38%	2.47%
90 Days	5.50%	7.83%
12 Months

134 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in FYEE	Overlap
AAPL	C	7.51%	7.65%	7.51%
ABBV	A	1.14%	1.04%	1.04%
ADBE	F	0.92%	0.93%	0.92%
ALLE	C	0.41%	0.16%	0.16%
ALRM	F	0.18%	0.14%	0.14%
AMAT	F	0.77%	0.75%	0.75%
AMD	F	0.01%	0.01%	0.01%
AMGN	C	0.28%	0.29%	0.28%
AMT	D	0.04%	0.09%	0.04%
AMZN	B	3.01%	3.22%	3.01%
ANET	B	0.67%	0.39%	0.39%
ANF	D	0.34%	0.45%	0.34%
AVGO	B	1.75%	1.95%	1.75%
AXP	B	0.4%	0.42%	0.4%
BAC	B	1.08%	1.09%	1.08%
BBWI	F	0.07%	0.16%	0.07%
BDX	D	0.62%	0.64%	0.62%
BIIB	F	0.25%	0.25%	0.25%
BK	B	0.34%	0.12%	0.12%
BMY	A	0.72%	0.74%	0.72%
BRK.A	D	2.04%	2.16%	2.04%
C	A	0.49%	0.66%	0.49%
CACI	A	0.53%	0.53%	0.53%
CAH	D	0.39%	0.45%	0.39%
CAT	B	0.85%	0.91%	0.85%
CI	F	0.62%	0.64%	0.62%
CINF	B	0.11%	0.32%	0.11%
CL	D	0.59%	0.57%	0.57%
CLX	C	0.19%	0.13%	0.13%
CMCSA	A	0.82%	0.84%	0.82%
CME	A	0.37%	0.45%	0.37%
CMG	D	0.56%	0.5%	0.5%
CNC	F	0.17%	0.11%	0.11%
COST	D	0.44%	0.31%	0.31%
CRM	B	1.1%	1.09%	1.09%
CRUS	F	0.07%	0.19%	0.07%
CSCO	B	0.78%	0.8%	0.78%
CSX	D	0.55%	0.56%	0.55%
CTAS	B	0.65%	0.64%	0.64%
CVNA	A	0.54%	0.56%	0.54%
CVS	F	0.22%	0.23%	0.22%
CVX	C	0.02%	0.02%	0.02%
DASH	A	0.11%	0.1%	0.1%
DBX	B	0.54%	0.55%	0.54%
DIS	B	0.41%	0.34%	0.34%
DOCU	B	0.17%	0.09%	0.09%
DVN	F	0.44%	0.53%	0.44%
ECL	C	0.62%	0.63%	0.62%
EOG	D	0.25%	0.28%	0.25%
ETN	B	0.45%	0.43%	0.43%
EXEL	A	0.4%	0.5%	0.4%
F	D	0.14%	0.33%	0.14%
GAP	D	0.18%	0.22%	0.18%
GE	C	0.46%	0.5%	0.46%
GEN	A	0.12%	0.13%	0.12%
GILD	A	0.76%	0.78%	0.76%
GL	C	0.19%	0.13%	0.13%
GOOG	A	1.88%	1.83%	1.83%
GOOGL	A	1.93%	1.97%	1.93%
GRMN	B	0.24%	0.32%	0.24%
HD	B	1.3%	1.32%	1.3%
HWM	B	0.24%	0.39%	0.24%
IGT	F	0.5%	0.51%	0.5%
INCY	A	0.23%	0.3%	0.23%
JNJ	D	0.64%	0.78%	0.64%
JPM	A	1.67%	1.81%	1.67%
KLAC	F	0.55%	0.55%	0.55%
KO	D	0.03%	0.03%	0.03%
KR	B	0.11%	0.12%	0.11%
LDOS	A	0.34%	0.33%	0.33%
LLY	D	0.94%	0.97%	0.94%
LMT	D	0.73%	0.74%	0.73%
LNW	F	0.17%	0.16%	0.16%
LYFT	C	0.05%	0.07%	0.05%
MA	B	1.32%	1.35%	1.32%
MEDP	F	0.33%	0.37%	0.33%
META	B	3.02%	3.06%	3.02%
MGM	D	0.03%	0.05%	0.03%
MMC	D	0.55%	0.53%	0.53%
MMM	D	0.22%	0.19%	0.19%
MPWR	F	0.23%	0.24%	0.23%
MRK	F	0.72%	0.82%	0.72%
MSCI	C	0.57%	0.27%	0.27%
MSFT	D	5.86%	5.98%	5.86%
MSI	C	0.23%	0.42%	0.23%
MU	C	0.48%	0.75%	0.48%
NBIX	D	0.2%	0.18%	0.18%
NEE	D	0.62%	0.67%	0.62%
NFLX	A	1.16%	1.19%	1.16%
NOC	D	0.59%	0.63%	0.59%
NSC	B	0.25%	0.09%	0.09%
NUE	F	0.31%	0.36%	0.31%
NVDA	B	7.47%	7.6%	7.47%
OGE	C	0.04%	0.03%	0.03%
ORCL	B	0.04%	0.04%	0.04%
PCAR	C	0.4%	0.36%	0.36%
PFE	D	0.65%	0.48%	0.48%
PG	D	0.86%	0.82%	0.82%
PGR	D	0.61%	0.66%	0.61%
PLTK	A	0.09%	0.11%	0.09%
PM	A	0.93%	0.96%	0.93%
PPG	F	0.35%	0.36%	0.35%
PSA	D	0.19%	0.18%	0.18%
PYPL	B	0.53%	0.72%	0.53%
QCOM	D	0.87%	0.88%	0.87%
RTX	C	0.47%	0.3%	0.3%
SCHW	B	0.5%	0.71%	0.5%
SEIC	A	0.53%	0.53%	0.53%
SKYW	A	0.24%	0.27%	0.24%
SPG	B	0.15%	0.42%	0.15%
SPGI	D	0.78%	0.8%	0.78%
SQ	B	0.53%	0.55%	0.53%
T	A	0.64%	0.7%	0.64%
TDC	B	0.38%	0.4%	0.38%
TJX	D	0.7%	0.7%	0.7%
TMO	F	0.73%	0.87%	0.73%
TPH	D	0.14%	0.18%	0.14%
TRV	B	0.52%	0.25%	0.25%
TSLA	A	0.93%	0.95%	0.93%
TT	C	0.66%	0.67%	0.66%
TXT	F	0.47%	0.46%	0.46%
UBER	C	0.28%	0.5%	0.28%
UNH	D	0.55%	0.58%	0.55%
UNP	D	0.72%	0.75%	0.72%
UTHR	A	0.1%	0.11%	0.1%
V	A	0.41%	0.42%	0.41%
VEEV	C	0.12%	0.19%	0.12%
VZ	D	0.54%	0.4%	0.4%
WM	A	0.36%	0.41%	0.36%
WMT	A	0.79%	0.82%	0.79%
WTW	A	0.29%	0.1%	0.1%
XEL	A	0.23%	0.13%	0.13%
XOM	C	1.54%	1.57%	1.54%
ZM	A	0.53%	0.55%	0.53%

FHEQ Overweight 23 Positions Relative to FYEE

Symbol	Grade	Weight
PEGA	A	0.2%
GEHC	D	0.18%
HLT	B	0.17%
FTI	B	0.16%
WDAY	F	0.15%
ADP	A	0.15%
SOLV	B	0.14%
MS	B	0.14%
QRVO	F	0.14%
FTNT	B	0.12%
ROST	F	0.1%
VST	B	0.09%
MDLZ	D	0.08%
UHS	D	0.08%
L	C	0.07%
TMUS	B	0.07%
IFF	D	0.06%
ALL	C	0.06%
CCL	A	0.05%
STLD	B	0.05%
SCCO	B	0.05%
MHO	D	0.02%
NWL	A	0.01%

FHEQ Underweight 15 Positions Relative to FYEE

Symbol	Grade	Weight
ABT	C	-0.63%
NOW	B	-0.4%
SSNC	D	-0.37%
SYK	C	-0.22%
PEP	D	-0.21%
AON	A	-0.14%
ITW	A	-0.14%
LRCX	F	-0.13%
UNM	A	-0.11%
LPLA	A	-0.1%
NRG	A	-0.09%
TWLO	A	-0.07%
EQH	A	-0.05%
TNL	A	-0.04%
TOL	C	-0.02%