FHEQ vs. PBUS ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to Invesco PureBeta MSCI USA ETF (PBUS)
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
PBUS

Invesco PureBeta MSCI USA ETF

PBUS Description The investment seeks to track the investment results (before fees and expenses) of the MSCI USA Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the U.S. equity market.

Grade (RS Rating)

Last Trade

$59.94

Average Daily Volume

175,980

Number of Holdings *

584

* may have additional holdings in another (foreign) market
Performance
Period FHEQ PBUS
30 Days 2.51% 3.61%
60 Days 3.80% 5.14%
90 Days 4.54% 6.91%
12 Months 33.43%
140 Overlapping Holdings
Symbol Grade Weight in FHEQ Weight in PBUS Overlap
AAPL C 7.31% 6.43% 6.43%
ABBV D 1.0% 0.57% 0.57%
ADBE C 0.93% 0.43% 0.43%
ADP B 0.16% 0.24% 0.16%
ALL A 0.07% 0.1% 0.07%
ALLE D 0.44% 0.02% 0.02%
AMAT F 0.7% 0.27% 0.27%
AME A 0.22% 0.09% 0.09%
AMGN D 0.24% 0.3% 0.24%
AMT D 0.24% 0.18% 0.18%
AMZN C 3.64% 3.66% 3.64%
ANET C 0.08% 0.2% 0.08%
AVGO D 1.49% 1.39% 1.39%
AXP A 0.43% 0.32% 0.32%
BAC A 1.17% 0.62% 0.62%
BAH F 0.09% 0.04% 0.04%
BBWI D 0.11% 0.01% 0.01%
BDX F 0.59% 0.12% 0.12%
BIIB F 0.21% 0.04% 0.04%
BK A 0.36% 0.11% 0.11%
BLK C 0.23% 0.29% 0.23%
BMY B 0.68% 0.23% 0.23%
BRK.A B 2.19% 1.2% 1.2%
C A 0.54% 0.25% 0.25%
CAH B 0.4% 0.06% 0.06%
CAT B 0.48% 0.36% 0.36%
CI F 0.63% 0.18% 0.18%
CINF A 0.12% 0.05% 0.05%
CL D 0.58% 0.14% 0.14%
CLX B 0.2% 0.04% 0.04%
CMCSA B 0.83% 0.32% 0.32%
CME A 0.37% 0.16% 0.16%
CMG B 0.49% 0.16% 0.16%
COST B 0.45% 0.79% 0.45%
CRM B 1.09% 0.61% 0.61%
CSCO B 0.79% 0.45% 0.45%
CSX B 0.43% 0.13% 0.13%
CTAS B 0.66% 0.15% 0.15%
CVS D 0.22% 0.14% 0.14%
CVX A 0.02% 0.54% 0.02%
DASH A 0.12% 0.1% 0.1%
DIS B 0.57% 0.4% 0.4%
DOC D 0.08% 0.03% 0.03%
DOCU A 0.18% 0.03% 0.03%
DVN F 0.53% 0.05% 0.05%
ECL D 0.62% 0.12% 0.12%
EOG A 0.43% 0.15% 0.15%
ETN A 0.15% 0.28% 0.15%
F C 0.15% 0.08% 0.08%
FTNT C 0.24% 0.12% 0.12%
GE D 0.45% 0.37% 0.37%
GEHC F 0.17% 0.07% 0.07%
GEN B 0.13% 0.03% 0.03%
GILD C 0.73% 0.21% 0.21%
GOOG C 1.74% 1.73% 1.73%
GOOGL C 2.02% 1.99% 1.99%
GRMN B 0.31% 0.06% 0.06%
HD A 1.32% 0.76% 0.76%
HLT A 0.18% 0.12% 0.12%
HWM A 0.27% 0.09% 0.09%
IDXX F 0.26% 0.07% 0.07%
INCY C 0.27% 0.02% 0.02%
JNJ D 0.61% 0.71% 0.61%
JPM A 1.82% 1.33% 1.33%
KLAC D 0.54% 0.16% 0.16%
KR B 0.11% 0.08% 0.08%
L A 0.07% 0.03% 0.03%
LDOS C 0.32% 0.04% 0.04%
LHX C 0.23% 0.09% 0.09%
LLY F 0.76% 1.17% 0.76%
LMT D 0.69% 0.22% 0.22%
LPLA A 0.03% 0.05% 0.03%
LRCX F 0.23% 0.18% 0.18%
MA C 1.34% 0.82% 0.82%
MDLZ F 0.07% 0.17% 0.07%
META D 2.87% 2.39% 2.39%
MGM D 0.22% 0.02% 0.02%
MKL A 0.09% 0.04% 0.04%
MMC B 0.52% 0.21% 0.21%
MMM D 0.22% 0.14% 0.14%
MRK F 0.69% 0.48% 0.48%
MS A 0.16% 0.31% 0.16%
MSCI C 0.49% 0.09% 0.09%
MSFT F 5.64% 5.65% 5.64%
MSI B 0.26% 0.16% 0.16%
MU D 0.47% 0.21% 0.21%
NBIX C 0.11% 0.02% 0.02%
NEE D 0.73% 0.3% 0.3%
NFLX A 1.26% 0.73% 0.73%
NOC D 0.56% 0.13% 0.13%
NOW A 0.34% 0.4% 0.34%
NSC B 0.26% 0.11% 0.11%
NUE C 0.32% 0.07% 0.07%
NVDA C 7.27% 6.92% 6.92%
ORCL B 0.04% 0.61% 0.04%
PCAR B 0.42% 0.11% 0.11%
PFE D 0.56% 0.27% 0.27%
PG A 0.87% 0.78% 0.78%
PGR A 0.63% 0.29% 0.29%
PM B 0.92% 0.39% 0.39%
PPG F 0.34% 0.06% 0.06%
PSA D 0.19% 0.1% 0.1%
PYPL B 0.54% 0.16% 0.16%
QCOM F 0.84% 0.33% 0.33%
QRVO F 0.11% 0.01% 0.01%
ROST C 0.1% 0.09% 0.09%
RSG A 0.2% 0.09% 0.09%
RTX C 0.44% 0.31% 0.31%
SCHW B 0.56% 0.23% 0.23%
SEIC B 0.54% 0.02% 0.02%
SOLV C 0.12% 0.02% 0.02%
SPG B 0.16% 0.11% 0.11%
SPGI C 0.28% 0.31% 0.28%
SQ B 0.59% 0.1% 0.1%
T A 0.67% 0.32% 0.32%
TJX A 0.73% 0.26% 0.26%
TMO F 0.26% 0.38% 0.26%
TMUS B 0.29% 0.24% 0.24%
TROW B 0.23% 0.05% 0.05%
TRV B 0.49% 0.11% 0.11%
TSLA B 1.26% 1.89% 1.26%
TT A 0.69% 0.18% 0.18%
TWLO A 0.02% 0.03% 0.02%
TXT D 0.51% 0.03% 0.03%
UBER D 0.14% 0.25% 0.14%
UNH C 0.57% 1.07% 0.57%
UNP C 0.73% 0.27% 0.27%
UTHR C 0.05% 0.03% 0.03%
V A 0.47% 0.93% 0.47%
VEEV C 0.12% 0.06% 0.06%
VST B 0.11% 0.1% 0.1%
VZ C 0.18% 0.34% 0.18%
WDAY B 0.16% 0.11% 0.11%
WFC A 0.15% 0.49% 0.15%
WM A 0.38% 0.17% 0.17%
WMT A 0.8% 0.74% 0.74%
XEL A 0.21% 0.07% 0.07%
XOM B 1.54% 1.04% 1.04%
ZBRA B 0.47% 0.04% 0.04%
ZM B 0.52% 0.04% 0.04%
FHEQ Overweight 28 Positions Relative to PBUS
Symbol Grade Weight
CVNA B 0.52%
DBX B 0.51%
IGT F 0.45%
EXEL B 0.43%
ALRM C 0.4%
TDC D 0.35%
ANF C 0.33%
MEDP D 0.31%
CACI D 0.3%
SKYW B 0.29%
GL B 0.2%
GAP C 0.18%
LNW D 0.17%
FTI A 0.17%
PEGA A 0.16%
TPH D 0.15%
PLTK B 0.1%
BCC B 0.07%
TENB C 0.06%
CRUS D 0.06%
LYFT C 0.06%
BLD D 0.05%
QGEN D 0.04%
SCCO F 0.04%
MHO D 0.02%
UNM A 0.01%
NWL B 0.01%
OGE B 0.01%
FHEQ Underweight 444 Positions Relative to PBUS
Symbol Grade Weight
KO D -0.5%
AMD F -0.43%
ACN C -0.43%
LIN D -0.42%
PEP F -0.42%
MCD D -0.4%
ABT B -0.39%
IBM C -0.38%
ISRG A -0.37%
GS A -0.36%
TXN C -0.35%
INTU C -0.35%
BKNG A -0.33%
DHR F -0.3%
LOW D -0.29%
HON B -0.28%
BSX B -0.26%
SYK C -0.26%
FI A -0.25%
BX A -0.25%
COP C -0.25%
PLTR B -0.24%
PANW C -0.24%
VRTX F -0.22%
MDT D -0.21%
CB C -0.21%
SBUX A -0.21%
INTC D -0.2%
ADI D -0.2%
DE A -0.2%
PLD D -0.2%
BA F -0.2%
SO D -0.19%
UPS C -0.19%
ELV F -0.18%
GEV B -0.18%
KKR A -0.18%
MO A -0.18%
MELI D -0.17%
DUK C -0.17%
EQIX A -0.17%
NKE D -0.17%
ICE C -0.17%
PH A -0.17%
SHW A -0.17%
PNC B -0.16%
MCK B -0.16%
CRWD B -0.16%
WELL A -0.16%
SNPS B -0.16%
CDNS B -0.16%
APH A -0.16%
MRVL B -0.15%
MCO B -0.15%
USB A -0.15%
ITW B -0.15%
ZTS D -0.15%
REGN F -0.15%
ORLY B -0.14%
WMB A -0.14%
APD A -0.14%
EMR A -0.14%
MSTR C -0.14%
TDG D -0.14%
CEG D -0.14%
AON A -0.14%
APO B -0.13%
GD F -0.13%
HCA F -0.13%
ADSK A -0.13%
OKE A -0.13%
APP B -0.13%
FDX B -0.13%
MAR B -0.13%
COF B -0.13%
ABNB C -0.12%
DLR B -0.12%
COIN C -0.12%
CARR D -0.12%
TFC A -0.12%
SLB C -0.12%
GM B -0.12%
FCX D -0.12%
AJG B -0.12%
URI B -0.11%
TTD B -0.11%
PSX C -0.11%
KMI A -0.11%
JCI C -0.11%
AMP A -0.11%
NXPI D -0.11%
MPC D -0.11%
TGT F -0.11%
RCL A -0.11%
SRE A -0.11%
ROP B -0.11%
FICO B -0.11%
AFL B -0.11%
CMI A -0.1%
NEM D -0.1%
AIG B -0.1%
O D -0.1%
MET A -0.1%
LNG B -0.1%
AZO C -0.1%
AEP D -0.1%
GWW B -0.1%
PRU A -0.09%
BKR B -0.09%
PEG A -0.09%
CCI D -0.09%
KVUE A -0.09%
PAYX C -0.09%
KMB D -0.09%
VLO C -0.09%
FAST B -0.09%
FLUT A -0.09%
CPRT A -0.09%
FIS C -0.09%
WCN A -0.09%
DHI D -0.09%
D C -0.09%
PWR A -0.09%
VRT B -0.09%
EXC C -0.08%
SNOW C -0.08%
TEAM A -0.08%
MNST C -0.08%
STZ D -0.08%
IT C -0.08%
VRSK A -0.08%
OTIS C -0.08%
LEN D -0.08%
CBRE B -0.08%
HES B -0.08%
CTVA C -0.08%
EW C -0.08%
IR B -0.08%
EA A -0.08%
ODFL B -0.08%
PCG A -0.08%
TRGP B -0.08%
DFS B -0.08%
COR B -0.08%
AXON A -0.08%
OXY D -0.07%
FANG D -0.07%
DD D -0.07%
WAB B -0.07%
NDAQ A -0.07%
KDP D -0.07%
EXR D -0.07%
HIG B -0.07%
MCHP D -0.07%
LULU C -0.07%
HUM C -0.07%
IQV D -0.07%
RMD C -0.07%
GIS D -0.07%
MTB A -0.07%
HPQ B -0.07%
ACGL D -0.07%
SYY B -0.07%
MLM B -0.07%
VMC B -0.07%
CHTR C -0.07%
A D -0.07%
YUM B -0.07%
DELL C -0.07%
DDOG A -0.07%
CTSH B -0.07%
GLW B -0.07%
STT A -0.06%
KEYS A -0.06%
ON D -0.06%
TSCO D -0.06%
ANSS B -0.06%
SW A -0.06%
NET B -0.06%
GPN B -0.06%
XYL D -0.06%
DXCM D -0.06%
TPL A -0.06%
EBAY D -0.06%
DOW F -0.06%
EFX F -0.06%
TTWO A -0.06%
CSGP D -0.06%
WEC A -0.06%
FITB A -0.06%
CNC D -0.06%
ALNY D -0.06%
WTW B -0.06%
ROK B -0.06%
ARES A -0.06%
ETR B -0.06%
AVB B -0.06%
RJF A -0.06%
HUBS A -0.06%
EIX B -0.06%
VICI C -0.06%
ED D -0.06%
IRM D -0.06%
SBAC D -0.05%
EME C -0.05%
CDW F -0.05%
RF A -0.05%
RBLX C -0.05%
AEE A -0.05%
HUBB B -0.05%
CPAY A -0.05%
DTE C -0.05%
CCL B -0.05%
PPL B -0.05%
HBAN A -0.05%
TYL B -0.05%
EQR B -0.05%
SYF B -0.05%
NTAP C -0.05%
HSY F -0.05%
VLTO D -0.05%
EQT B -0.05%
VTR C -0.05%
BR A -0.05%
MTD D -0.05%
ADM D -0.05%
FTV C -0.05%
BRO B -0.05%
MPWR F -0.05%
DECK A -0.05%
GDDY A -0.05%
AWK D -0.05%
PHM D -0.05%
CHD B -0.05%
DOV A -0.05%
HPE B -0.05%
NVR D -0.05%
HAL C -0.05%
KHC F -0.05%
MAA B -0.04%
HOLX D -0.04%
ZS C -0.04%
PODD C -0.04%
RS B -0.04%
WSO A -0.04%
LVS C -0.04%
FSLR F -0.04%
BALL D -0.04%
WRB A -0.04%
HOOD B -0.04%
TRU D -0.04%
IP B -0.04%
DRI B -0.04%
MKC D -0.04%
DKNG B -0.04%
ESS B -0.04%
STX D -0.04%
OMC C -0.04%
LH C -0.04%
SNA A -0.04%
NRG B -0.04%
PFG D -0.04%
CNP B -0.04%
CSL C -0.04%
CTRA B -0.04%
LII A -0.04%
INVH D -0.04%
CMS C -0.04%
WDC D -0.04%
MDB C -0.04%
BLDR D -0.04%
STE F -0.04%
CFG B -0.04%
ILMN D -0.04%
LYB F -0.04%
STLD B -0.04%
ES D -0.04%
WAT B -0.04%
ATO A -0.04%
CBOE B -0.04%
TDY B -0.04%
NTRS A -0.04%
FCNCA A -0.04%
K A -0.04%
LYV A -0.04%
PTC A -0.04%
PKG A -0.04%
WY D -0.04%
ZBH C -0.04%
IFF D -0.04%
WST C -0.04%
WSM B -0.04%
FE C -0.04%
WBD C -0.04%
EXPE B -0.04%
DLTR F -0.03%
REG B -0.03%
AKAM D -0.03%
SWKS F -0.03%
GLPI C -0.03%
AVTR F -0.03%
SMCI F -0.03%
POOL C -0.03%
UDR B -0.03%
EPAM C -0.03%
RVTY F -0.03%
NDSN B -0.03%
ROL B -0.03%
APTV D -0.03%
JBL B -0.03%
DT C -0.03%
FFIV B -0.03%
JBHT C -0.03%
ENTG D -0.03%
EVRG A -0.03%
ACM A -0.03%
AMCR D -0.03%
GGG B -0.03%
DPZ C -0.03%
EL F -0.03%
EQH B -0.03%
TOST B -0.03%
PSTG D -0.03%
FNF B -0.03%
TW A -0.03%
VTRS A -0.03%
AVY D -0.03%
HEI B -0.03%
LNT A -0.03%
SUI D -0.03%
ALGN D -0.03%
EG C -0.03%
DG F -0.03%
TER D -0.03%
SSNC B -0.03%
ULTA F -0.03%
ARE D -0.03%
MRO B -0.03%
CF B -0.03%
OC A -0.03%
VRSN F -0.03%
BAX D -0.03%
NI A -0.03%
IEX B -0.03%
EXPD D -0.03%
GPC D -0.03%
MAS D -0.03%
KIM A -0.03%
J F -0.03%
MANH D -0.03%
TRMB B -0.03%
PNR A -0.03%
PINS D -0.03%
RPM A -0.03%
BURL A -0.03%
MOH F -0.03%
DGX A -0.03%
KEY B -0.03%
BBY D -0.03%
FDS B -0.03%
TSN B -0.03%
CE F -0.02%
MOS F -0.02%
CHRD D -0.02%
APA D -0.02%
CPB D -0.02%
CRBG B -0.02%
TTC D -0.02%
AOS F -0.02%
TFX F -0.02%
ENPH F -0.02%
ROKU D -0.02%
DVA B -0.02%
HRL D -0.02%
KNX B -0.02%
WYNN D -0.02%
CRL C -0.02%
AES F -0.02%
FBIN D -0.02%
HSIC B -0.02%
ALLY C -0.02%
EXAS D -0.02%
MKTX D -0.02%
RPRX D -0.02%
CNH C -0.02%
AFG A -0.02%
WTRG B -0.02%
LKQ D -0.02%
DAL C -0.02%
CTLT B -0.02%
TECH D -0.02%
FOXA B -0.02%
IOT A -0.02%
CCK C -0.02%
IPG D -0.02%
PAYC B -0.02%
LW C -0.02%
AIZ A -0.02%
NWSA B -0.02%
SNAP C -0.02%
ERIE D -0.02%
TAP C -0.02%
JNPR F -0.02%
DKS C -0.02%
BMRN D -0.02%
BXP D -0.02%
SJM D -0.02%
KMX B -0.02%
EMN D -0.02%
HEI B -0.02%
Z A -0.02%
OKTA C -0.02%
UHS D -0.02%
CG A -0.02%
DAY B -0.02%
MRNA F -0.02%
AMH D -0.02%
HST C -0.02%
WPC D -0.02%
ELS C -0.02%
OVV B -0.02%
JKHY D -0.02%
CHRW C -0.02%
BG F -0.02%
CPT B -0.02%
ALB C -0.02%
CAG D -0.02%
SWK D -0.02%
CELH F -0.01%
LUV C -0.01%
WLK D -0.01%
UHAL D -0.01%
WBA F -0.01%
FOX A -0.01%
PARA C -0.01%
BEN C -0.01%
H B -0.01%
DINO D -0.01%
BIO D -0.01%
ACI C -0.01%
RIVN F -0.01%
HII D -0.01%
BSY D -0.01%
MTCH D -0.01%
Compare ETFs