FHEQ vs. NTSX ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to WisdomTree 90/60 U.S. Balanced Fund (NTSX)

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

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

NTSX

WisdomTree 90/60 U.S. Balanced Fund

NTSX Description

The investment seeks total return. The fund is actively managed using a models-based approach. It seeks to achieve its investment objective by investing in large-capitalization U.S. equity securities and U.S. Treasury futures contracts. Under normal circumstances, the fund will invest approximately 90% of its net assets in U.S. equity securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$47.77

Average Daily Volume

65,580

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	NTSX
30 Days	2.51%	2.69%
60 Days	3.80%	2.16%
90 Days	4.54%	4.05%
12 Months		29.88%

129 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in NTSX	Overlap
AAPL	C	7.31%	6.76%	6.76%
ABBV	D	1.0%	0.59%	0.59%
ADBE	C	0.93%	0.43%	0.43%
ADP	B	0.16%	0.25%	0.16%
ALL	A	0.07%	0.1%	0.07%
AMAT	F	0.7%	0.29%	0.29%
AME	A	0.22%	0.09%	0.09%
AMGN	D	0.24%	0.3%	0.24%
AMT	D	0.24%	0.15%	0.15%
AMZN	C	3.64%	3.95%	3.64%
ANET	C	0.08%	0.24%	0.08%
AVGO	D	1.49%	1.45%	1.45%
AXP	A	0.43%	0.4%	0.4%
BAC	A	1.17%	0.7%	0.7%
BAH	F	0.09%	0.03%	0.03%
BDX	F	0.59%	0.14%	0.14%
BIIB	F	0.21%	0.03%	0.03%
BK	A	0.36%	0.11%	0.11%
BLK	C	0.23%	0.3%	0.23%
BMY	B	0.68%	0.2%	0.2%
BRK.A	B	2.19%	1.96%	1.96%
C	A	0.54%	0.22%	0.22%
CAH	B	0.4%	0.06%	0.06%
CAT	B	0.48%	0.37%	0.37%
CI	F	0.63%	0.19%	0.19%
CINF	A	0.12%	0.05%	0.05%
CL	D	0.58%	0.14%	0.14%
CLX	B	0.2%	0.03%	0.03%
CMCSA	B	0.83%	0.28%	0.28%
CME	A	0.37%	0.17%	0.17%
CMG	B	0.49%	0.16%	0.16%
COST	B	0.45%	0.8%	0.45%
CRM	B	1.09%	0.65%	0.65%
CSCO	B	0.79%	0.47%	0.47%
CSX	B	0.43%	0.14%	0.14%
CTAS	B	0.66%	0.16%	0.16%
CVS	D	0.22%	0.1%	0.1%
CVX	A	0.02%	0.59%	0.02%
DASH	A	0.12%	0.13%	0.12%
DIS	B	0.57%	0.31%	0.31%
DVN	F	0.53%	0.07%	0.07%
ECL	D	0.62%	0.12%	0.12%
EOG	A	0.43%	0.16%	0.16%
F	C	0.15%	0.09%	0.09%
FTNT	C	0.24%	0.14%	0.14%
GE	D	0.45%	0.35%	0.35%
GEHC	F	0.17%	0.07%	0.07%
GEN	B	0.13%	0.04%	0.04%
GILD	C	0.73%	0.22%	0.22%
GOOGL	C	2.02%	4.08%	2.02%
HD	A	1.32%	0.77%	0.77%
HLT	A	0.18%	0.13%	0.13%
HWM	A	0.27%	0.09%	0.09%
IDXX	F	0.26%	0.07%	0.07%
INCY	C	0.27%	0.04%	0.04%
JNJ	D	0.61%	0.7%	0.61%
JPM	A	1.82%	1.33%	1.33%
KLAC	D	0.54%	0.16%	0.16%
KR	B	0.11%	0.07%	0.07%
L	A	0.07%	0.03%	0.03%
LDOS	C	0.32%	0.04%	0.04%
LHX	C	0.23%	0.08%	0.08%
LLY	F	0.76%	1.36%	0.76%
LMT	D	0.69%	0.25%	0.25%
LPLA	A	0.03%	0.05%	0.03%
LRCX	F	0.23%	0.19%	0.19%
MA	C	1.34%	0.95%	0.95%
MDLZ	F	0.07%	0.18%	0.07%
META	D	2.87%	2.8%	2.8%
MGM	D	0.22%	0.04%	0.04%
MKL	A	0.09%	0.05%	0.05%
MMC	B	0.52%	0.21%	0.21%
MMM	D	0.22%	0.14%	0.14%
MRK	F	0.69%	0.49%	0.49%
MS	A	0.16%	0.43%	0.16%
MSCI	C	0.49%	0.09%	0.09%
MSFT	F	5.64%	5.97%	5.64%
MSI	B	0.26%	0.15%	0.15%
MU	D	0.47%	0.23%	0.23%
NEE	D	0.73%	0.29%	0.29%
NFLX	A	1.26%	0.77%	0.77%
NOC	D	0.56%	0.14%	0.14%
NOW	A	0.34%	0.41%	0.34%
NSC	B	0.26%	0.12%	0.12%
NUE	C	0.32%	0.09%	0.09%
NVDA	C	7.27%	7.06%	7.06%
ORCL	B	0.04%	1.0%	0.04%
PCAR	B	0.42%	0.12%	0.12%
PFE	D	0.56%	0.21%	0.21%
PG	A	0.87%	0.79%	0.79%
PGR	A	0.63%	0.29%	0.29%
PM	B	0.92%	0.38%	0.38%
PPG	F	0.34%	0.08%	0.08%
PSA	D	0.19%	0.11%	0.11%
PYPL	B	0.54%	0.08%	0.08%
QCOM	F	0.84%	0.33%	0.33%
ROST	C	0.1%	0.1%	0.1%
RSG	A	0.2%	0.1%	0.1%
RTX	C	0.44%	0.33%	0.33%
SCCO	F	0.04%	0.14%	0.04%
SCHW	B	0.56%	0.27%	0.27%
SOLV	C	0.12%	0.03%	0.03%
SPG	B	0.16%	0.12%	0.12%
SPGI	C	0.28%	0.31%	0.28%
SQ	B	0.59%	0.07%	0.07%
T	A	0.67%	0.29%	0.29%
TJX	A	0.73%	0.26%	0.26%
TMO	F	0.26%	0.4%	0.26%
TMUS	B	0.29%	0.55%	0.29%
TROW	B	0.23%	0.07%	0.07%
TRV	B	0.49%	0.11%	0.11%
TSLA	B	1.26%	2.1%	1.26%
TWLO	A	0.02%	0.05%	0.02%
TXT	D	0.51%	0.03%	0.03%
UBER	D	0.14%	0.28%	0.14%
UNH	C	0.57%	1.07%	0.57%
UNP	C	0.73%	0.26%	0.26%
V	A	0.47%	1.26%	0.47%
VEEV	C	0.12%	0.07%	0.07%
VST	B	0.11%	0.09%	0.09%
VZ	C	0.18%	0.28%	0.18%
WDAY	B	0.16%	0.14%	0.14%
WFC	A	0.15%	0.52%	0.15%
WM	A	0.38%	0.16%	0.16%
WMT	A	0.8%	1.34%	0.8%
XEL	A	0.21%	0.06%	0.06%
XOM	B	1.54%	1.05%	1.05%
ZBRA	B	0.47%	0.05%	0.05%
ZM	B	0.52%	0.05%	0.05%

FHEQ Overweight 39 Positions Relative to NTSX

Symbol	Grade	Weight
GOOG	C	1.74%
TT	A	0.69%
SEIC	B	0.54%
CVNA	B	0.52%
DBX	B	0.51%
IGT	F	0.45%
ALLE	D	0.44%
EXEL	B	0.43%
ALRM	C	0.4%
TDC	D	0.35%
ANF	C	0.33%
MEDP	D	0.31%
GRMN	B	0.31%
CACI	D	0.3%
SKYW	B	0.29%
GL	B	0.2%
GAP	C	0.18%
DOCU	A	0.18%
LNW	D	0.17%
FTI	A	0.17%
PEGA	A	0.16%
TPH	D	0.15%
ETN	A	0.15%
NBIX	C	0.11%
BBWI	D	0.11%
QRVO	F	0.11%
PLTK	B	0.1%
DOC	D	0.08%
BCC	B	0.07%
TENB	C	0.06%
CRUS	D	0.06%
LYFT	C	0.06%
BLD	D	0.05%
UTHR	C	0.05%
QGEN	D	0.04%
MHO	D	0.02%
UNM	A	0.01%
NWL	B	0.01%
OGE	B	0.01%

FHEQ Underweight 366 Positions Relative to NTSX

Symbol	Grade	Weight
KO	D	-0.51%
AMD	F	-0.44%
BX	A	-0.44%
ABT	B	-0.41%
PEP	F	-0.4%
IBM	C	-0.39%
MCD	D	-0.39%
INTU	C	-0.38%
GS	A	-0.37%
ISRG	A	-0.36%
BKNG	A	-0.34%
DHR	F	-0.33%
TXN	C	-0.33%
SYK	C	-0.29%
LOW	D	-0.29%
PLTR	B	-0.28%
HON	B	-0.27%
COP	C	-0.26%
KKR	A	-0.26%
APO	B	-0.25%
BSX	B	-0.24%
PANW	C	-0.24%
DE	A	-0.24%
FI	A	-0.24%
UPS	C	-0.23%
NKE	D	-0.22%
VRTX	F	-0.22%
ADI	D	-0.21%
DELL	C	-0.21%
SBUX	A	-0.21%
APP	B	-0.2%
SO	D	-0.19%
PH	A	-0.18%
MO	A	-0.18%
GEV	B	-0.18%
SHW	A	-0.18%
ELV	F	-0.18%
HCA	F	-0.17%
CDNS	B	-0.17%
EQIX	A	-0.17%
ZTS	D	-0.17%
CRWD	B	-0.17%
ICE	C	-0.17%
DUK	C	-0.17%
MRVL	B	-0.17%
PLD	D	-0.17%
BA	F	-0.16%
APH	A	-0.16%
MAR	B	-0.16%
MCK	B	-0.16%
ABNB	C	-0.16%
SNPS	B	-0.16%
EMR	A	-0.15%
WELL	A	-0.15%
INTC	D	-0.15%
MCO	B	-0.15%
REGN	F	-0.15%
CEG	D	-0.15%
ITW	B	-0.15%
PNC	B	-0.14%
TEAM	A	-0.14%
FDX	B	-0.14%
GM	B	-0.14%
COF	B	-0.14%
ADSK	A	-0.13%
CHTR	C	-0.13%
TTD	B	-0.13%
TFC	A	-0.13%
FCX	D	-0.13%
TDG	D	-0.13%
SRE	A	-0.13%
WMB	A	-0.13%
MET	A	-0.13%
ORLY	B	-0.13%
OKE	A	-0.13%
GD	F	-0.13%
APD	A	-0.13%
DLR	B	-0.12%
MNST	C	-0.12%
AIG	B	-0.12%
CARR	D	-0.12%
MPC	D	-0.12%
COIN	C	-0.12%
AJG	B	-0.12%
PSX	C	-0.11%
PAYX	C	-0.11%
FIS	C	-0.11%
EPD	A	-0.11%
KMI	A	-0.11%
USB	A	-0.11%
AMP	A	-0.11%
ET	A	-0.11%
AFL	B	-0.11%
ODFL	B	-0.1%
AZO	C	-0.1%
CMI	A	-0.1%
DHI	D	-0.1%
OXY	D	-0.1%
PRU	A	-0.1%
FICO	B	-0.1%
AEP	D	-0.1%
O	D	-0.1%
EXC	C	-0.1%
URI	B	-0.1%
CPRT	A	-0.1%
ROP	B	-0.1%
DAL	C	-0.1%
CTSH	B	-0.09%
DDOG	A	-0.09%
HES	B	-0.09%
VRT	B	-0.09%
STZ	D	-0.09%
VLO	C	-0.09%
PWR	A	-0.09%
AXON	A	-0.09%
KMB	D	-0.09%
GWW	B	-0.09%
NEM	D	-0.09%
KVUE	A	-0.09%
TRGP	B	-0.09%
PCG	A	-0.09%
LEN	D	-0.09%
WEC	A	-0.08%
GIS	D	-0.08%
IT	C	-0.08%
BKR	B	-0.08%
EA	A	-0.08%
GLW	B	-0.08%
HUBS	A	-0.08%
IQV	D	-0.08%
VICI	C	-0.08%
CBRE	B	-0.08%
HSY	F	-0.08%
VMC	B	-0.08%
IR	B	-0.08%
HPQ	B	-0.08%
MCHP	D	-0.08%
VRSK	A	-0.08%
LYV	A	-0.08%
A	D	-0.08%
COR	B	-0.08%
TGT	F	-0.08%
SYY	B	-0.08%
NDAQ	A	-0.08%
EW	C	-0.08%
CPNG	D	-0.08%
PEG	A	-0.08%
FAST	B	-0.08%
DFS	B	-0.08%
KDP	D	-0.08%
CTVA	C	-0.08%
UAL	A	-0.08%
IRM	D	-0.07%
ZS	C	-0.07%
HIG	B	-0.07%
YUM	B	-0.07%
EXR	D	-0.07%
WAB	B	-0.07%
TTWO	A	-0.07%
EIX	B	-0.07%
MLM	B	-0.07%
ROK	B	-0.07%
RMD	C	-0.07%
HAL	C	-0.07%
NET	B	-0.07%
DD	D	-0.07%
MPLX	A	-0.07%
OTIS	C	-0.07%
DRI	B	-0.06%
EBAY	D	-0.06%
AVB	B	-0.06%
CPAY	A	-0.06%
ALNY	D	-0.06%
XYL	D	-0.06%
ARES	A	-0.06%
HPE	B	-0.06%
EQR	B	-0.06%
FTV	C	-0.06%
ON	D	-0.06%
DTE	C	-0.06%
STT	A	-0.06%
RBLX	C	-0.06%
AEE	A	-0.06%
CNC	D	-0.06%
ETR	B	-0.06%
ED	D	-0.06%
FCNCA	A	-0.06%
RJF	A	-0.06%
MTB	A	-0.06%
TPL	A	-0.06%
FANG	D	-0.06%
HEI	B	-0.06%
EVRG	A	-0.06%
CDW	F	-0.05%
TYL	B	-0.05%
MKC	D	-0.05%
EXPE	B	-0.05%
CNP	B	-0.05%
IOT	A	-0.05%
VLTO	D	-0.05%
FOXA	B	-0.05%
ANSS	B	-0.05%
BR	A	-0.05%
PHM	D	-0.05%
LH	C	-0.05%
KHC	F	-0.05%
MTD	D	-0.05%
WDC	D	-0.05%
INVH	D	-0.05%
DECK	A	-0.05%
TW	A	-0.05%
PFG	D	-0.05%
OMC	C	-0.05%
NTAP	C	-0.05%
KEYS	A	-0.05%
NVR	D	-0.05%
DOV	A	-0.05%
K	A	-0.05%
DKNG	B	-0.05%
PPL	B	-0.05%
FE	C	-0.05%
MPWR	F	-0.05%
SYF	B	-0.05%
TSN	B	-0.05%
NTRS	A	-0.05%
CHD	B	-0.05%
GLPI	C	-0.05%
CSGP	D	-0.05%
HUM	C	-0.05%
BRO	B	-0.05%
WST	C	-0.05%
SNOW	C	-0.05%
VTR	C	-0.05%
FITB	A	-0.05%
TSCO	D	-0.05%
EFX	F	-0.05%
TDY	B	-0.05%
RF	A	-0.05%
HST	C	-0.04%
ULTA	F	-0.04%
LBRDK	C	-0.04%
SNAP	C	-0.04%
CAG	D	-0.04%
LII	A	-0.04%
ESS	B	-0.04%
DGX	A	-0.04%
WAT	B	-0.04%
ENTG	D	-0.04%
WPC	D	-0.04%
AWK	D	-0.04%
IPG	D	-0.04%
WSM	B	-0.04%
CSL	C	-0.04%
AGR	B	-0.04%
TAP	C	-0.04%
CRBG	B	-0.04%
MAA	B	-0.04%
DLTR	F	-0.04%
BEN	C	-0.04%
PKG	A	-0.04%
ATO	A	-0.04%
NWSA	B	-0.04%
PODD	C	-0.04%
CMS	C	-0.04%
WLK	D	-0.04%
BLDR	D	-0.04%
GDDY	A	-0.04%
KEY	B	-0.04%
HRL	D	-0.04%
BALL	D	-0.04%
BAX	D	-0.04%
GPC	D	-0.04%
IP	B	-0.04%
PTC	A	-0.04%
STLD	B	-0.04%
ROL	B	-0.04%
CFG	B	-0.04%
ADM	D	-0.04%
DOW	F	-0.04%
SUI	D	-0.04%
WMG	C	-0.04%
HUBB	B	-0.04%
SSNC	B	-0.04%
KIM	A	-0.04%
CG	A	-0.04%
GPN	B	-0.03%
AMH	D	-0.03%
IEX	B	-0.03%
MORN	B	-0.03%
ROKU	D	-0.03%
RS	B	-0.03%
MANH	D	-0.03%
FNF	B	-0.03%
PINS	D	-0.03%
ACM	A	-0.03%
AVTR	F	-0.03%
BMRN	D	-0.03%
MDB	C	-0.03%
DXCM	D	-0.03%
WSO	A	-0.03%
FDS	B	-0.03%
BSY	D	-0.03%
ELS	C	-0.03%
HBAN	A	-0.03%
MRO	B	-0.03%
AVY	D	-0.03%
DPZ	C	-0.03%
GGG	B	-0.03%
CCI	D	-0.03%
LNT	A	-0.03%
BBY	D	-0.03%
MAS	D	-0.03%
H	B	-0.03%
TER	D	-0.03%
J	F	-0.03%
LVS	C	-0.03%
OVV	B	-0.03%
D	C	-0.03%
ERIE	D	-0.03%
SWK	D	-0.03%
WRB	A	-0.03%
NDSN	B	-0.03%
WY	D	-0.03%
OC	A	-0.03%
SNA	A	-0.03%
MOS	F	-0.03%
POOL	C	-0.03%
HOLX	D	-0.03%
LKQ	D	-0.03%
JBL	B	-0.03%
FSLR	F	-0.03%
DT	C	-0.03%
MOH	F	-0.03%
AKAM	D	-0.03%
SMCI	F	-0.02%
SWKS	F	-0.02%
SBAC	D	-0.02%
ARE	D	-0.02%
MRNA	F	-0.02%
CPB	D	-0.02%
ILMN	D	-0.02%
ALGN	D	-0.02%
IFF	D	-0.02%
WBD	C	-0.02%
RIVN	F	-0.02%
RPM	A	-0.02%
ACI	C	-0.02%
JBHT	C	-0.02%
EXPD	D	-0.02%
WBA	F	-0.02%
SIRI	C	-0.02%
CE	F	-0.02%
ZBH	C	-0.02%
EL	F	-0.01%
CTRA	B	-0.01%
EPAM	C	-0.01%
SJM	D	-0.01%
CF	B	-0.01%
VRSN	F	-0.01%
ENPH	F	-0.01%
LUV	C	-0.01%
ES	D	-0.01%
EQT	B	-0.01%
DG	F	-0.0%
LW	C	-0.0%
ALB	C	-0.0%