FYEE vs. FHEQ ETF Comparison

Comparison of Fidelity Yield Enhanced Equity ETF (FYEE) to Fidelity Hedged Equity ETF (FHEQ)

FYEE

Fidelity Yield Enhanced Equity ETF

FYEE Description

FYEE is actively managed, investing in equities similar to the S&P 500 and Russell 1000. The fund sells call options for income generation, emphasizing current income and potential capital growth.

Grade (RS Rating)

Last Trade

$27.41

Average Daily Volume

2,331

Number of Holdings ^*

153

* may have additional holdings in another (foreign) market

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

Performance

Period	FYEE	FHEQ
30 Days	3.53%	2.51%
60 Days	5.30%	3.80%
90 Days	7.07%	4.54%
12 Months

141 Overlapping Holdings

Symbol	Grade	Weight in FYEE	Weight in FHEQ	Overlap
AAPL	C	7.39%	7.31%	7.31%
ABBV	D	0.93%	1.0%	0.93%
ADBE	C	0.94%	0.93%	0.93%
ADP	B	0.26%	0.16%	0.16%
ALLE	D	0.38%	0.44%	0.38%
ALRM	C	0.34%	0.4%	0.34%
AMAT	F	0.68%	0.7%	0.68%
AME	A	0.09%	0.22%	0.09%
AMGN	D	0.25%	0.24%	0.24%
AMT	D	0.21%	0.24%	0.21%
AMZN	C	3.85%	3.64%	3.64%
ANET	C	0.07%	0.08%	0.07%
ANF	C	0.36%	0.33%	0.33%
AVGO	D	1.66%	1.49%	1.49%
AXP	A	0.44%	0.43%	0.43%
BAC	A	1.19%	1.17%	1.17%
BBWI	D	0.17%	0.11%	0.11%
BDX	F	0.59%	0.59%	0.59%
BIIB	F	0.21%	0.21%	0.21%
BK	A	0.13%	0.36%	0.13%
BMY	B	0.75%	0.68%	0.68%
BRK.A	B	2.2%	2.19%	2.19%
C	A	0.72%	0.54%	0.54%
CACI	D	0.17%	0.3%	0.17%
CAH	B	0.32%	0.4%	0.32%
CAT	B	0.53%	0.48%	0.48%
CI	F	0.63%	0.63%	0.63%
CINF	A	0.07%	0.12%	0.07%
CL	D	0.55%	0.58%	0.55%
CLX	B	0.14%	0.2%	0.14%
CMCSA	B	0.85%	0.83%	0.83%
CME	A	0.44%	0.37%	0.37%
CMG	B	0.48%	0.49%	0.48%
COST	B	0.31%	0.45%	0.31%
CRM	B	1.17%	1.09%	1.09%
CRUS	D	0.07%	0.06%	0.06%
CSCO	B	0.81%	0.79%	0.79%
CSX	B	0.49%	0.43%	0.43%
CTAS	B	0.66%	0.66%	0.66%
CVNA	B	0.53%	0.52%	0.52%
CVS	D	0.23%	0.22%	0.22%
CVX	A	0.02%	0.02%	0.02%
DASH	A	0.11%	0.12%	0.11%
DBX	B	0.52%	0.51%	0.51%
DIS	B	0.72%	0.57%	0.57%
DOCU	A	0.09%	0.18%	0.09%
DVN	F	0.53%	0.53%	0.53%
ECL	D	0.64%	0.62%	0.62%
EOG	A	0.49%	0.43%	0.43%
EXEL	B	0.44%	0.43%	0.43%
F	C	0.33%	0.15%	0.15%
FTNT	C	0.2%	0.24%	0.2%
GAP	C	0.21%	0.18%	0.18%
GE	D	0.48%	0.45%	0.45%
GEN	B	0.13%	0.13%	0.13%
GILD	C	0.75%	0.73%	0.73%
GL	B	0.13%	0.2%	0.13%
GOOG	C	1.9%	1.74%	1.74%
GOOGL	C	2.05%	2.02%	2.02%
GRMN	B	0.4%	0.31%	0.31%
HD	A	1.33%	1.32%	1.32%
HWM	A	0.39%	0.27%	0.27%
IDXX	F	0.15%	0.26%	0.15%
IGT	F	0.46%	0.45%	0.45%
INCY	C	0.34%	0.27%	0.27%
JNJ	D	0.73%	0.61%	0.61%
JPM	A	1.95%	1.82%	1.82%
KLAC	D	0.61%	0.54%	0.54%
KR	B	0.12%	0.11%	0.11%
LDOS	C	0.31%	0.32%	0.31%
LHX	C	0.21%	0.23%	0.21%
LLY	F	0.77%	0.76%	0.76%
LMT	D	0.72%	0.69%	0.69%
LNW	D	0.16%	0.17%	0.16%
LPLA	A	0.12%	0.03%	0.03%
LRCX	F	0.24%	0.23%	0.23%
LYFT	C	0.08%	0.06%	0.06%
MA	C	1.36%	1.34%	1.34%
MEDP	D	0.29%	0.31%	0.29%
META	D	2.9%	2.87%	2.87%
MGM	D	0.24%	0.22%	0.22%
MMC	B	0.53%	0.52%	0.52%
MMM	D	0.19%	0.22%	0.19%
MRK	F	0.96%	0.69%	0.69%
MSCI	C	0.26%	0.49%	0.26%
MSFT	F	5.69%	5.64%	5.64%
MSI	B	0.43%	0.26%	0.26%
MU	D	0.5%	0.47%	0.47%
NBIX	C	0.07%	0.11%	0.07%
NEE	D	0.83%	0.73%	0.73%
NFLX	A	1.29%	1.26%	1.26%
NOC	D	0.6%	0.56%	0.56%
NOW	A	0.49%	0.34%	0.34%
NSC	B	0.11%	0.26%	0.11%
NUE	C	0.36%	0.32%	0.32%
NVDA	C	7.38%	7.27%	7.27%
ORCL	B	0.04%	0.04%	0.04%
PCAR	B	0.38%	0.42%	0.38%
PFE	D	0.42%	0.56%	0.42%
PG	A	0.81%	0.87%	0.81%
PGR	A	0.68%	0.63%	0.63%
PLTK	B	0.12%	0.1%	0.1%
PM	B	0.95%	0.92%	0.92%
PPG	F	0.35%	0.34%	0.34%
PSA	D	0.18%	0.19%	0.18%
PYPL	B	0.72%	0.54%	0.54%
QCOM	F	0.85%	0.84%	0.84%
QRVO	F	0.06%	0.11%	0.06%
RSG	A	0.23%	0.2%	0.2%
RTX	C	0.28%	0.44%	0.28%
SCHW	B	0.79%	0.56%	0.56%
SEIC	B	0.55%	0.54%	0.54%
SKYW	B	0.31%	0.29%	0.29%
SPG	B	0.44%	0.16%	0.16%
SPGI	C	0.22%	0.28%	0.22%
SQ	B	0.6%	0.59%	0.59%
T	A	0.72%	0.67%	0.67%
TDC	D	0.35%	0.35%	0.35%
TJX	A	0.72%	0.73%	0.72%
TMO	F	0.38%	0.26%	0.26%
TMUS	B	0.29%	0.29%	0.29%
TPH	D	0.19%	0.15%	0.15%
TROW	B	0.28%	0.23%	0.23%
TRV	B	0.26%	0.49%	0.26%
TSLA	B	1.28%	1.26%	1.26%
TT	A	0.68%	0.69%	0.68%
TWLO	A	0.09%	0.02%	0.02%
TXT	D	0.51%	0.51%	0.51%
UBER	D	0.23%	0.14%	0.14%
UNH	C	0.59%	0.57%	0.57%
UNM	A	0.13%	0.01%	0.01%
UNP	C	0.75%	0.73%	0.73%
UTHR	C	0.05%	0.05%	0.05%
V	A	0.65%	0.47%	0.47%
VEEV	C	0.04%	0.12%	0.04%
WFC	A	0.29%	0.15%	0.15%
WM	A	0.43%	0.38%	0.38%
WMT	A	0.82%	0.8%	0.8%
XOM	B	1.57%	1.54%	1.54%
ZBRA	B	0.52%	0.47%	0.47%
ZM	B	0.53%	0.52%	0.52%

FYEE Overweight 12 Positions Relative to FHEQ

Symbol	Grade	Weight
ABT	B	0.64%
SYK	C	0.24%
SSNC	B	0.19%
PEP	F	0.19%
OXY	D	0.15%
ITW	B	0.15%
AON	A	0.13%
INTU	C	0.12%
ED	D	0.1%
NRG	B	0.09%
TNL	A	0.04%
TOL	B	0.02%

FYEE Underweight 27 Positions Relative to FHEQ

Symbol	Grade	Weight
BLK	C	-0.23%
XEL	A	-0.21%
HLT	A	-0.18%
VZ	C	-0.18%
GEHC	F	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
ETN	A	-0.15%
SOLV	C	-0.12%
VST	B	-0.11%
ROST	C	-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%
BLD	D	-0.05%
QGEN	D	-0.04%
SCCO	F	-0.04%
MHO	D	-0.02%
NWL	B	-0.01%
OGE	B	-0.01%