FHEQ vs. QGRW ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to WisdomTree U.S. Quality Growth Fund (QGRW)

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

QGRW

WisdomTree U.S. Quality Growth Fund

QGRW Description

WisdomTree U.S. Quality Growth Fund is an exchange traded fund launched by WisdomTree, Inc. The fund is co-managed by Mellon Investments Corporation, WisdomTree Asset Management, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the WisdomTree U.S. Quality Growth Index, by using representative sampling technique. WisdomTree U.S. Quality Growth Fund was formed on December 15, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.44

Average Daily Volume

81,828

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	QGRW
30 Days	2.51%	5.17%
60 Days	3.80%	6.92%
90 Days	4.54%	7.96%
12 Months		38.55%

30 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in QGRW	Overlap
AAPL	C	7.31%	10.55%	7.31%
ADBE	C	0.93%	1.1%	0.93%
AMAT	F	0.7%	0.66%	0.66%
AMZN	C	3.64%	5.52%	3.64%
ANET	C	0.08%	0.76%	0.08%
AVGO	D	1.49%	2.92%	1.49%
BLD	D	0.05%	0.04%	0.04%
CMG	B	0.49%	0.52%	0.49%
DVN	F	0.53%	0.35%	0.35%
FTNT	C	0.24%	0.67%	0.24%
GOOGL	C	2.02%	5.8%	2.02%
IDXX	F	0.26%	0.37%	0.26%
INCY	C	0.27%	0.08%	0.08%
KLAC	D	0.54%	0.52%	0.52%
LLY	F	0.76%	2.8%	0.76%
LPLA	A	0.03%	0.09%	0.03%
LRCX	F	0.23%	0.48%	0.23%
MA	C	1.34%	2.06%	1.34%
META	D	2.87%	3.82%	2.87%
MSCI	C	0.49%	0.49%	0.49%
MSFT	F	5.64%	9.44%	5.64%
NBIX	C	0.11%	0.03%	0.03%
NFLX	A	1.26%	1.6%	1.26%
NOW	A	0.34%	1.1%	0.34%
NVDA	C	7.27%	12.17%	7.27%
QCOM	F	0.84%	0.8%	0.8%
SQ	B	0.59%	0.53%	0.53%
TSLA	B	1.26%	4.25%	1.26%
V	A	0.47%	2.53%	0.47%
VEEV	C	0.12%	0.44%	0.12%

FHEQ Overweight 138 Positions Relative to QGRW

Symbol	Grade	Weight
BRK.A	B	2.19%
JPM	A	1.82%
GOOG	C	1.74%
XOM	B	1.54%
HD	A	1.32%
BAC	A	1.17%
CRM	B	1.09%
ABBV	D	1.0%
PM	B	0.92%
PG	A	0.87%
CMCSA	B	0.83%
WMT	A	0.8%
CSCO	B	0.79%
NEE	D	0.73%
UNP	C	0.73%
TJX	A	0.73%
GILD	C	0.73%
MRK	F	0.69%
TT	A	0.69%
LMT	D	0.69%
BMY	B	0.68%
T	A	0.67%
CTAS	B	0.66%
CI	F	0.63%
PGR	A	0.63%
ECL	D	0.62%
JNJ	D	0.61%
BDX	F	0.59%
CL	D	0.58%
UNH	C	0.57%
DIS	B	0.57%
NOC	D	0.56%
SCHW	B	0.56%
PFE	D	0.56%
SEIC	B	0.54%
C	A	0.54%
PYPL	B	0.54%
ZM	B	0.52%
CVNA	B	0.52%
MMC	B	0.52%
TXT	D	0.51%
DBX	B	0.51%
TRV	B	0.49%
CAT	B	0.48%
MU	D	0.47%
ZBRA	B	0.47%
GE	D	0.45%
IGT	F	0.45%
COST	B	0.45%
ALLE	D	0.44%
RTX	C	0.44%
EOG	A	0.43%
CSX	B	0.43%
AXP	A	0.43%
EXEL	B	0.43%
PCAR	B	0.42%
CAH	B	0.4%
ALRM	C	0.4%
WM	A	0.38%
CME	A	0.37%
BK	A	0.36%
TDC	D	0.35%
PPG	F	0.34%
ANF	C	0.33%
LDOS	C	0.32%
NUE	C	0.32%
MEDP	D	0.31%
GRMN	B	0.31%
CACI	D	0.3%
TMUS	B	0.29%
SKYW	B	0.29%
SPGI	C	0.28%
HWM	A	0.27%
MSI	B	0.26%
TMO	F	0.26%
NSC	B	0.26%
AMT	D	0.24%
AMGN	D	0.24%
BLK	C	0.23%
TROW	B	0.23%
LHX	C	0.23%
AME	A	0.22%
MGM	D	0.22%
CVS	D	0.22%
MMM	D	0.22%
BIIB	F	0.21%
XEL	A	0.21%
RSG	A	0.2%
GL	B	0.2%
CLX	B	0.2%
PSA	D	0.19%
GAP	C	0.18%
DOCU	A	0.18%
HLT	A	0.18%
VZ	C	0.18%
GEHC	F	0.17%
LNW	D	0.17%
FTI	A	0.17%
ADP	B	0.16%
WDAY	B	0.16%
SPG	B	0.16%
MS	A	0.16%
PEGA	A	0.16%
F	C	0.15%
TPH	D	0.15%
ETN	A	0.15%
WFC	A	0.15%
UBER	D	0.14%
GEN	B	0.13%
DASH	A	0.12%
CINF	A	0.12%
SOLV	C	0.12%
BBWI	D	0.11%
QRVO	F	0.11%
VST	B	0.11%
KR	B	0.11%
ROST	C	0.1%
PLTK	B	0.1%
MKL	A	0.09%
BAH	F	0.09%
DOC	D	0.08%
ALL	A	0.07%
BCC	B	0.07%
MDLZ	F	0.07%
L	A	0.07%
TENB	C	0.06%
CRUS	D	0.06%
LYFT	C	0.06%
UTHR	C	0.05%
ORCL	B	0.04%
QGEN	D	0.04%
SCCO	F	0.04%
CVX	A	0.02%
MHO	D	0.02%
TWLO	A	0.02%
UNM	A	0.01%
NWL	B	0.01%
OGE	B	0.01%

FHEQ Underweight 70 Positions Relative to QGRW

Symbol	Grade	Weight
APP	B	-1.26%
BX	A	-1.18%
INTU	C	-1.03%
AMD	F	-0.99%
ISRG	A	-0.99%
TXN	C	-0.96%
BKNG	A	-0.94%
PANW	C	-0.81%
SBUX	A	-0.74%
VRTX	F	-0.69%
UPS	C	-0.68%
TEAM	A	-0.62%
MCO	B	-0.62%
FICO	B	-0.62%
TRGP	B	-0.61%
APH	A	-0.6%
ORLY	B	-0.58%
ABNB	C	-0.55%
DFS	B	-0.55%
TTD	B	-0.54%
CRWD	B	-0.52%
DHI	D	-0.5%
AZO	C	-0.5%
CDNS	B	-0.5%
SNPS	B	-0.49%
VRT	B	-0.49%
MNST	C	-0.47%
ODFL	B	-0.47%
DDOG	A	-0.47%
IT	C	-0.46%
CPNG	D	-0.46%
CPRT	A	-0.45%
ARES	A	-0.43%
HUBS	A	-0.41%
WST	C	-0.37%
DECK	A	-0.36%
YUM	B	-0.36%
TSCO	D	-0.35%
ON	D	-0.35%
OXY	D	-0.34%
MPWR	F	-0.31%
MTD	D	-0.29%
MCHP	D	-0.28%
PINS	D	-0.24%
DXCM	D	-0.23%
AXON	A	-0.19%
TPL	A	-0.13%
LII	A	-0.1%
ROL	B	-0.1%
JBHT	C	-0.1%
GDDY	A	-0.1%
SMCI	F	-0.09%
MRNA	F	-0.09%
MOH	F	-0.08%
BSY	D	-0.08%
FDS	B	-0.08%
BLDR	D	-0.08%
ULTA	F	-0.08%
POOL	C	-0.07%
ALB	C	-0.07%
MANH	D	-0.07%
ERIE	D	-0.07%
DT	C	-0.07%
DPZ	C	-0.05%
CTRA	B	-0.05%
ENTG	D	-0.04%
WMS	D	-0.03%
CE	F	-0.02%
ENPH	F	-0.02%
CELH	F	-0.01%