FHEQ vs. LQAI ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI)

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

$27.04

Average Daily Volume

5,172

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LQAI

LG QRAFT AI-Powered U.S. Large Cap Core ETF

LQAI Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by utilizing an investment strategy enhanced by the use of artificial intelligence. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S.-listed large capitalization companies.

Grade (RS Rating)

Last Trade

$32.44

Average Daily Volume

187

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	LQAI
30 Days	1.45%	2.43%
60 Days	4.82%	6.24%
90 Days	4.24%	3.66%
12 Months

7 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in LQAI	Overlap
AAPL	B	7.27%	3.95%	3.95%
AMZN	C	3.23%	3.2%	3.2%
GOOGL	D	1.97%	3.1%	1.97%
JPM	D	1.72%	2.79%	1.72%
META	B	2.81%	3.06%	2.81%
MSFT	C	5.9%	3.81%	3.81%
NVDA	C	6.42%	5.04%	5.04%

FHEQ Overweight 3 Positions Relative to LQAI

Symbol	Grade	Weight
BRK.A	C	2.3%
AVGO	C	1.68%
XOM	B	1.59%

FHEQ Underweight 3 Positions Relative to LQAI

Symbol	Grade	Weight
LLY	D	-2.62%
FTNT	A	-2.57%
BAC	C	-2.48%