FHEQ vs. SPDG ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG)

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

SPDG

SPDR Portfolio S&P Sector Neutral Dividend ETF

SPDG Description

SPDR Series Trust - SPDR Portfolio S&P Sector Neutral Dividend ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in dividend paying stocks of companies. It seeks to track the performance of the S&P Sector-Neutral High Yield Dividend Aristocrats Index, by using representative sampling technique. SPDR Series Trust - SPDR Portfolio S&P Sector Neutral Dividend ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$38.60

Average Daily Volume

1,534

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	SPDG
30 Days	2.51%	1.42%
60 Days	3.80%	2.99%
90 Days	4.54%	5.95%
12 Months		30.67%

43 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in SPDG	Overlap
ABBV	D	1.0%	1.27%	1.0%
ADP	B	0.16%	0.5%	0.16%
ALLE	D	0.44%	0.05%	0.05%
AMGN	D	0.24%	0.64%	0.24%
AVGO	D	1.49%	9.3%	1.49%
BDX	F	0.59%	0.27%	0.27%
BK	A	0.36%	0.58%	0.36%
BMY	B	0.68%	0.47%	0.47%
C	A	0.54%	1.39%	0.54%
CAH	B	0.4%	0.12%	0.12%
CAT	B	0.48%	0.81%	0.48%
CI	F	0.63%	0.41%	0.41%
CINF	A	0.12%	0.25%	0.12%
CLX	B	0.2%	0.11%	0.11%
CSCO	B	0.79%	2.63%	0.79%
CVS	D	0.22%	0.33%	0.22%
CVX	A	0.02%	0.94%	0.02%
ETN	A	0.15%	0.59%	0.15%
GILD	C	0.73%	0.43%	0.43%
GRMN	B	0.31%	0.35%	0.31%
HD	A	1.32%	4.14%	1.32%
JNJ	D	0.61%	1.53%	0.61%
LDOS	C	0.32%	0.09%	0.09%
LHX	C	0.23%	0.19%	0.19%
LMT	D	0.69%	0.51%	0.51%
MRK	F	0.69%	1.09%	0.69%
MS	A	0.16%	1.55%	0.16%
NOC	D	0.56%	0.29%	0.29%
NSC	B	0.26%	0.25%	0.25%
OGE	B	0.01%	0.04%	0.01%
ORCL	B	0.04%	3.47%	0.04%
PFE	D	0.56%	0.59%	0.56%
PM	B	0.92%	0.92%	0.92%
PPG	F	0.34%	0.26%	0.26%
QCOM	F	0.84%	2.22%	0.84%
RSG	A	0.2%	0.18%	0.18%
TROW	B	0.23%	0.27%	0.23%
UNH	C	0.57%	2.35%	0.57%
UNM	A	0.01%	0.12%	0.01%
UNP	C	0.73%	0.66%	0.66%
VZ	C	0.18%	7.54%	0.18%
WM	A	0.38%	0.34%	0.34%
XOM	B	1.54%	1.84%	1.54%

FHEQ Overweight 125 Positions Relative to SPDG

Symbol	Grade	Weight
AAPL	C	7.31%
NVDA	C	7.27%
MSFT	F	5.64%
AMZN	C	3.64%
META	D	2.87%
BRK.A	B	2.19%
GOOGL	C	2.02%
JPM	A	1.82%
GOOG	C	1.74%
MA	C	1.34%
TSLA	B	1.26%
NFLX	A	1.26%
BAC	A	1.17%
CRM	B	1.09%
ADBE	C	0.93%
PG	A	0.87%
CMCSA	B	0.83%
WMT	A	0.8%
LLY	F	0.76%
NEE	D	0.73%
TJX	A	0.73%
AMAT	F	0.7%
TT	A	0.69%
T	A	0.67%
CTAS	B	0.66%
PGR	A	0.63%
ECL	D	0.62%
SQ	B	0.59%
CL	D	0.58%
DIS	B	0.57%
SCHW	B	0.56%
SEIC	B	0.54%
PYPL	B	0.54%
KLAC	D	0.54%
DVN	F	0.53%
ZM	B	0.52%
CVNA	B	0.52%
MMC	B	0.52%
TXT	D	0.51%
DBX	B	0.51%
MSCI	C	0.49%
CMG	B	0.49%
TRV	B	0.49%
MU	D	0.47%
ZBRA	B	0.47%
V	A	0.47%
GE	D	0.45%
IGT	F	0.45%
COST	B	0.45%
RTX	C	0.44%
EOG	A	0.43%
CSX	B	0.43%
AXP	A	0.43%
EXEL	B	0.43%
PCAR	B	0.42%
ALRM	C	0.4%
CME	A	0.37%
TDC	D	0.35%
NOW	A	0.34%
ANF	C	0.33%
NUE	C	0.32%
MEDP	D	0.31%
CACI	D	0.3%
TMUS	B	0.29%
SKYW	B	0.29%
SPGI	C	0.28%
HWM	A	0.27%
INCY	C	0.27%
MSI	B	0.26%
TMO	F	0.26%
IDXX	F	0.26%
FTNT	C	0.24%
AMT	D	0.24%
BLK	C	0.23%
LRCX	F	0.23%
AME	A	0.22%
MGM	D	0.22%
MMM	D	0.22%
BIIB	F	0.21%
XEL	A	0.21%
GL	B	0.2%
PSA	D	0.19%
GAP	C	0.18%
DOCU	A	0.18%
HLT	A	0.18%
GEHC	F	0.17%
LNW	D	0.17%
FTI	A	0.17%
WDAY	B	0.16%
SPG	B	0.16%
PEGA	A	0.16%
F	C	0.15%
TPH	D	0.15%
WFC	A	0.15%
UBER	D	0.14%
GEN	B	0.13%
DASH	A	0.12%
VEEV	C	0.12%
SOLV	C	0.12%
NBIX	C	0.11%
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%
ANET	C	0.08%
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%
BLD	D	0.05%
UTHR	C	0.05%
QGEN	D	0.04%
SCCO	F	0.04%
LPLA	A	0.03%
MHO	D	0.02%
TWLO	A	0.02%
NWL	B	0.01%

FHEQ Underweight 227 Positions Relative to SPDG

Symbol	Grade	Weight
ACN	C	-2.57%
IBM	C	-2.33%
TXN	C	-2.27%
MCD	D	-2.13%
GS	A	-1.87%
LOW	D	-1.56%
KO	D	-1.26%
ADI	D	-1.25%
SBUX	A	-1.15%
PEP	F	-1.06%
PNC	B	-0.86%
ABT	B	-0.83%
USB	A	-0.79%
TFC	A	-0.66%
HON	B	-0.64%
APD	A	-0.59%
O	D	-0.55%
CCI	D	-0.54%
MET	A	-0.51%
MO	A	-0.48%
SO	D	-0.47%
PRU	A	-0.47%
MDT	D	-0.46%
DE	A	-0.45%
MCHP	D	-0.44%
DUK	C	-0.43%
HPQ	B	-0.43%
IPG	D	-0.43%
UPS	C	-0.42%
GLW	B	-0.41%
PH	A	-0.39%
TGT	F	-0.37%
MTB	A	-0.35%
HPE	B	-0.35%
ITW	B	-0.33%
FITB	A	-0.33%
GD	F	-0.32%
EMR	A	-0.32%
TSCO	D	-0.31%
STT	A	-0.3%
NTAP	C	-0.3%
FDX	B	-0.29%
EQR	B	-0.28%
AEP	D	-0.27%
STX	D	-0.26%
HBAN	A	-0.26%
RF	A	-0.25%
KMB	D	-0.24%
KVUE	A	-0.23%
GPC	D	-0.22%
CFG	B	-0.22%
OKE	A	-0.22%
CMI	A	-0.21%
MAA	B	-0.21%
NTRS	A	-0.21%
EXC	C	-0.2%
PSX	C	-0.2%
LYB	F	-0.2%
KEY	B	-0.19%
GIS	D	-0.19%
PFG	D	-0.19%
NXST	C	-0.19%
FAST	B	-0.19%
BBY	D	-0.19%
SYY	B	-0.19%
PAYX	C	-0.18%
EIX	B	-0.17%
VLO	C	-0.17%
SWKS	F	-0.17%
KMI	A	-0.17%
FNF	B	-0.17%
PKG	A	-0.17%
AVY	D	-0.15%
UDR	B	-0.15%
ETR	B	-0.15%
WEC	A	-0.15%
ROK	B	-0.14%
CF	B	-0.14%
RPM	A	-0.14%
JNPR	F	-0.14%
AMCR	D	-0.13%
CUBE	D	-0.13%
BXP	D	-0.12%
JEF	A	-0.12%
DOV	A	-0.12%
CCOI	B	-0.12%
DKS	C	-0.12%
FHN	A	-0.11%
K	A	-0.11%
ALLY	C	-0.11%
FE	C	-0.11%
EMN	D	-0.11%
OHI	C	-0.11%
ES	D	-0.11%
BR	A	-0.11%
ORI	A	-0.1%
WBS	A	-0.1%
HUBB	B	-0.1%
ADC	B	-0.09%
WSO	A	-0.09%
CMA	A	-0.09%
NNN	D	-0.09%
HAS	D	-0.09%
HRB	D	-0.09%
TSN	B	-0.09%
FRT	B	-0.09%
SNV	B	-0.08%
CFR	B	-0.08%
PB	A	-0.08%
ZION	B	-0.08%
WHR	B	-0.07%
STWD	C	-0.07%
OC	A	-0.07%
CADE	B	-0.07%
CAG	D	-0.07%
ONB	B	-0.07%
BEN	C	-0.07%
CE	F	-0.07%
BAX	D	-0.07%
GPK	C	-0.07%
SNA	A	-0.07%
EVRG	A	-0.07%
FAF	A	-0.07%
DGX	A	-0.07%
MAS	D	-0.07%
RDN	C	-0.06%
AVT	C	-0.06%
CHRW	C	-0.06%
JHG	A	-0.06%
SJM	D	-0.06%
UBSI	B	-0.06%
LNC	B	-0.06%
FNB	A	-0.06%
SWK	D	-0.06%
FMC	D	-0.06%
COLB	A	-0.06%
GBCI	B	-0.06%
LECO	B	-0.05%
PNW	B	-0.05%
CBT	C	-0.05%
CTRE	D	-0.05%
OZK	B	-0.05%
IDCC	A	-0.05%
NVT	B	-0.05%
DLB	B	-0.05%
HII	D	-0.04%
FHB	A	-0.04%
CDP	C	-0.04%
NSA	D	-0.04%
CBU	B	-0.04%
CATY	B	-0.04%
SLGN	A	-0.04%
DCI	B	-0.04%
TTC	D	-0.04%
KRC	C	-0.04%
ASB	B	-0.04%
PII	D	-0.04%
AVNT	B	-0.04%
AUB	B	-0.04%
INGR	B	-0.04%
FULT	A	-0.04%
WU	D	-0.04%
SON	D	-0.04%
AOS	F	-0.04%
UCB	A	-0.04%
HRL	D	-0.04%
VLY	B	-0.04%
SEE	C	-0.04%
CPB	D	-0.04%
SMG	D	-0.03%
CC	C	-0.03%
UGI	A	-0.03%
CVBF	A	-0.03%
OSK	B	-0.03%
NFG	A	-0.03%
SXT	B	-0.03%
LCII	C	-0.03%
FFBC	A	-0.03%
FCPT	C	-0.03%
SFNC	B	-0.03%
ABR	C	-0.03%
FLS	B	-0.03%
INDB	B	-0.03%
BOH	B	-0.03%
WAFD	B	-0.03%
RHI	B	-0.03%
DTM	B	-0.03%
FHI	A	-0.03%
NEU	C	-0.03%
ASH	D	-0.03%
R	B	-0.03%
BKU	A	-0.03%
HASI	D	-0.03%
HIW	D	-0.03%
NWE	B	-0.02%
XRAY	F	-0.02%
MSM	C	-0.02%
KFY	B	-0.02%
ALE	A	-0.02%
OGN	D	-0.02%
TKR	D	-0.02%
PZZA	D	-0.02%
OGS	A	-0.02%
TRMK	B	-0.02%
SR	A	-0.02%
FLO	D	-0.02%
POR	C	-0.02%
SWX	B	-0.02%
MMS	F	-0.02%
BKH	A	-0.02%
VSH	D	-0.02%
GATX	A	-0.02%
BANR	B	-0.02%
PDCO	D	-0.01%
KMT	B	-0.01%
HI	C	-0.01%
B	B	-0.01%
ENR	B	-0.01%
WERN	C	-0.01%
NAVI	C	-0.01%
TRN	C	-0.01%
NSP	D	-0.01%
MAN	D	-0.01%
ABM	B	-0.01%
AVA	A	-0.01%
BRC	D	-0.01%
PRGO	B	-0.01%