GSEW vs. FHEQ ETF Comparison

Comparison of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) to Fidelity Hedged Equity ETF (FHEQ)

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$82.13

Average Daily Volume

46,558

Number of Holdings ^*

489

* 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	GSEW	FHEQ
30 Days	5.61%	2.51%
60 Days	6.23%	3.80%
90 Days	8.71%	4.54%
12 Months	32.95%

129 Overlapping Holdings

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

GSEW Overweight 360 Positions Relative to FHEQ

	Symbol	Grade	Weight
	APP	B	0.34%
	AXON	A	0.27%
	MSTR	C	0.26%
	WBD	C	0.24%
	MCK	B	0.23%
	FLUT	A	0.23%
	COIN	C	0.23%
	HUBS	A	0.23%
	EXPE	B	0.22%
	INTU	C	0.22%
	DECK	A	0.22%
	NTNX	A	0.22%
	CRWD	B	0.22%
	DLTR	F	0.22%
	VTRS	A	0.22%
	BURL	A	0.22%
	ZS	C	0.22%
	SNOW	C	0.22%
	TSN	B	0.22%
	TTWO	A	0.22%
	DXCM	D	0.22%
	DKNG	B	0.22%
	PODD	C	0.22%
	PLTR	B	0.22%
	TEAM	A	0.22%
	FICO	B	0.22%
	RF	A	0.21%
	AVB	B	0.21%
	AFL	B	0.21%
	SNA	A	0.21%
	TPL	A	0.21%
	WELL	A	0.21%
	TRGP	B	0.21%
	LEN	D	0.21%
	FTV	C	0.21%
	VRT	B	0.21%
	MPC	D	0.21%
	PLD	D	0.21%
	GWRE	A	0.21%
	EXPD	D	0.21%
	CNP	B	0.21%
	CTSH	B	0.21%
	EMR	A	0.21%
	MO	A	0.21%
	FIS	C	0.21%
	ACN	C	0.21%
	MAR	B	0.21%
	CF	B	0.21%
	BBY	D	0.21%
	SHW	A	0.21%
	VRSK	A	0.21%
	AEE	A	0.21%
	PNC	B	0.21%
	LH	C	0.21%
	EBAY	D	0.21%
	EL	F	0.21%
	PANW	C	0.21%
	EQR	B	0.21%
	APD	A	0.21%
	BX	A	0.21%
	CMI	A	0.21%
	CB	C	0.21%
	WSM	B	0.21%
	FITB	A	0.21%
	CBRE	B	0.21%
	DDOG	A	0.21%
	YUM	B	0.21%
	PCG	A	0.21%
	DLR	B	0.21%
	EVRG	A	0.21%
	MDB	C	0.21%
	WST	C	0.21%
	BG	F	0.21%
	LYV	A	0.21%
	BLDR	D	0.21%
	BALL	D	0.21%
	INTC	D	0.21%
	ESS	B	0.21%
	BKR	B	0.21%
	CHD	B	0.21%
	PNR	A	0.21%
	PEG	A	0.21%
	MNST	C	0.21%
	EXR	D	0.21%
	WSO	A	0.21%
	CTRA	B	0.21%
	CPRT	A	0.21%
	SYK	C	0.21%
	EA	A	0.21%
	RCL	A	0.21%
	ROL	B	0.21%
	MAA	B	0.21%
	LOW	D	0.21%
	LUV	C	0.21%
	SBUX	A	0.21%
	IBKR	A	0.21%
	TOL	B	0.21%
	ATO	A	0.21%
	OC	A	0.21%
	TGT	F	0.21%
	ISRG	A	0.21%
	FDS	B	0.21%
	BR	A	0.21%
	LNT	A	0.21%
	MCO	B	0.21%
	DAL	C	0.21%
	JCI	C	0.21%
	OKE	A	0.21%
	KVUE	A	0.21%
	PWR	A	0.21%
	SRE	A	0.21%
	UAL	A	0.21%
	EQT	B	0.21%
	LNG	B	0.21%
	CPAY	A	0.21%
	STZ	D	0.21%
	GM	B	0.21%
	GDDY	A	0.21%
	FDX	B	0.21%
	HON	B	0.21%
	NDSN	B	0.2%
	ENTG	D	0.2%
	GLW	B	0.2%
	STT	A	0.2%
	IP	B	0.2%
	STE	F	0.2%
	SYF	B	0.2%
	DFS	B	0.2%
	DE	A	0.2%
	GEV	B	0.2%
	HOLX	D	0.2%
	GIS	D	0.2%
	ARE	D	0.2%
	IEX	B	0.2%
	VMC	B	0.2%
	D	C	0.2%
	PKG	A	0.2%
	AVY	D	0.2%
	FE	C	0.2%
	ODFL	B	0.2%
	DD	D	0.2%
	HCA	F	0.2%
	MKC	D	0.2%
	LIN	D	0.2%
	WAB	B	0.2%
	DUK	C	0.2%
	DTE	C	0.2%
	USB	A	0.2%
	PRU	A	0.2%
	OXY	D	0.2%
	NTAP	C	0.2%
	ITW	B	0.2%
	VRTX	F	0.2%
	DRI	B	0.2%
	KEY	B	0.2%
	AZO	C	0.2%
	POOL	C	0.2%
	ROK	B	0.2%
	XYL	D	0.2%
	IBM	C	0.2%
	MAS	D	0.2%
	TER	D	0.2%
	KO	D	0.2%
	DELL	C	0.2%
	WY	D	0.2%
	GWW	B	0.2%
	DG	F	0.2%
	ABT	B	0.2%
	MET	A	0.2%
	ZBH	C	0.2%
	WAT	B	0.2%
	BMRN	D	0.2%
	DPZ	C	0.2%
	PH	A	0.2%
	ARES	A	0.2%
	WRB	A	0.2%
	FAST	B	0.2%
	SBAC	D	0.2%
	KKR	A	0.2%
	CFG	B	0.2%
	COR	B	0.2%
	PAYX	C	0.2%
	CBOE	B	0.2%
	SO	D	0.2%
	EXC	C	0.2%
	EME	C	0.2%
	COP	C	0.2%
	ACGL	D	0.2%
	CMS	C	0.2%
	OTIS	C	0.2%
	IRM	D	0.2%
	FANG	D	0.2%
	TRMB	B	0.2%
	NTRS	A	0.2%
	HAL	C	0.2%
	WTW	B	0.2%
	AON	A	0.2%
	DHI	D	0.2%
	BRO	B	0.2%
	AWK	D	0.2%
	UPS	C	0.2%
	HUM	C	0.2%
	NRG	B	0.2%
	GS	A	0.2%
	AMP	A	0.2%
	CCI	D	0.2%
	O	D	0.2%
	TDY	B	0.2%
	ADM	D	0.2%
	AIG	B	0.2%
	K	A	0.2%
	EFX	F	0.2%
	MRVL	B	0.2%
	TFC	A	0.2%
	ORLY	B	0.2%
	FI	A	0.2%
	DOV	A	0.2%
	ETR	B	0.2%
	CSGP	D	0.2%
	MANH	D	0.2%
	MRO	B	0.2%
	SNPS	B	0.2%
	NET	B	0.2%
	RJF	A	0.2%
	WPC	D	0.2%
	ROP	B	0.2%
	WEC	A	0.2%
	CSL	C	0.2%
	VRSN	F	0.2%
	WMB	A	0.2%
	KMB	D	0.2%
	PFG	D	0.2%
	EW	C	0.2%
	NKE	D	0.2%
	CARR	D	0.2%
	HSY	F	0.2%
	HIG	B	0.2%
	ULTA	F	0.2%
	NVR	D	0.2%
	PEP	F	0.2%
	SLB	C	0.2%
	HPQ	B	0.2%
	BKNG	A	0.2%
	EIX	B	0.2%
	ES	D	0.2%
	HES	B	0.2%
	IFF	D	0.2%
	VLTO	D	0.2%
	APO	B	0.2%
	FNF	B	0.2%
	HPE	B	0.2%
	MTB	A	0.2%
	IR	B	0.2%
	VICI	C	0.2%
	FSLR	F	0.2%
	OMC	C	0.2%
	ALGN	D	0.2%
	IT	C	0.2%
	HBAN	A	0.2%
	VLO	C	0.2%
	CCL	B	0.2%
	KDP	D	0.2%
	ICE	C	0.2%
	GGG	B	0.2%
	EG	C	0.2%
	PHM	D	0.2%
	RBLX	C	0.2%
	SSNC	B	0.2%
	BSX	B	0.2%
	LII	A	0.2%
	VTR	C	0.2%
	ANSS	B	0.2%
	APH	A	0.2%
	KMI	A	0.2%
	DGX	A	0.2%
	PSX	C	0.2%
	PPL	B	0.2%
	GPC	D	0.2%
	TTD	B	0.2%
	EQIX	A	0.2%
	INVH	D	0.2%
	NI	A	0.2%
	TW	A	0.2%
	RPM	A	0.2%
	ADSK	A	0.2%
	MCD	D	0.2%
	NDAQ	A	0.2%
	GPN	B	0.2%
	CDNS	B	0.2%
	ZTS	D	0.2%
	AJG	B	0.2%
	KIM	A	0.2%
	TYL	B	0.2%
	AVTR	F	0.19%
	TDG	D	0.19%
	ON	D	0.19%
	HUBB	B	0.19%
	MOH	F	0.19%
	PSTG	D	0.19%
	DOW	F	0.19%
	BA	F	0.19%
	SWKS	F	0.19%
	IQV	D	0.19%
	RVTY	F	0.19%
	CTVA	C	0.19%
	ADI	D	0.19%
	STX	D	0.19%
	ILMN	D	0.19%
	CAG	D	0.19%
	CNC	D	0.19%
	A	D	0.19%
	EXAS	D	0.19%
	JBL	B	0.19%
	MLM	B	0.19%
	ALNY	D	0.19%
	KHC	F	0.19%
	RMD	C	0.19%
	SWK	D	0.19%
	J	F	0.19%
	JBHT	C	0.19%
	CEG	D	0.19%
	SW	A	0.19%
	KEYS	A	0.19%
	GD	F	0.19%
	REGN	F	0.19%
	JKHY	D	0.19%
	SUI	D	0.19%
	ELV	F	0.19%
	ABNB	C	0.19%
	LVS	C	0.19%
	MDT	D	0.19%
	ED	D	0.19%
	DHR	F	0.19%
	LYB	F	0.19%
	FCNCA	A	0.19%
	TSCO	D	0.19%
	AEP	D	0.19%
	RS	B	0.19%
	COF	B	0.19%
	TRU	D	0.19%
	PTC	A	0.19%
	AMD	F	0.19%
	SYY	B	0.19%
	URI	B	0.19%
	TXN	C	0.19%
	CHTR	C	0.19%
	PINS	D	0.18%
	BAX	D	0.18%
	MCHP	D	0.18%
	CDW	F	0.18%
	STLD	B	0.18%
	MTD	D	0.18%
	WDC	D	0.18%
	NEM	D	0.18%
	FCX	D	0.18%
	SMCI	F	0.17%
	AKAM	D	0.17%
	CE	F	0.16%
	MPWR	F	0.15%
	MRNA	F	0.15%

GSEW Underweight 39 Positions Relative to FHEQ

	Symbol	Grade	Weight
	GOOG	C	-1.74%
	SEIC	B	-0.54%
	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%
	CACI	D	-0.3%
	SKYW	B	-0.29%
	INCY	C	-0.27%
	MGM	D	-0.22%
	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%
	SOLV	C	-0.12%
	NBIX	C	-0.11%
	BBWI	D	-0.11%
	QRVO	F	-0.11%
	PLTK	B	-0.1%
	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%
	SCCO	F	-0.04%
	MHO	D	-0.02%
	TWLO	A	-0.02%
	UNM	A	-0.01%
	NWL	B	-0.01%
	OGE	B	-0.01%

GSEW: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Capital Markets Asset Management Banks - Regional - US Specialty Retail Drug Manufacturers - Major Oil & Gas E&P Software - Infrastructure Aerospace & Defense Insurance - Property & Casualty Medical Devices Specialty Chemicals Credit Services Health Care Plans Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Insurance Dow Jones Component Electricity Electronics Aerospace Chemical Medicine Bank Semiconductor Cloud Computing Telecommunications Banking Mining Insurance Products Real Estate Investment Trust IBD 50

FHEQ: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Major Insurance - Property & Casualty Apparel Stores Capital Markets Semiconductors Telecom Services Aerospace & Defense Asset Management Banks - Global Biotechnology Credit Services Diagnostics & Research Household & Personal Products Software - Infrastructure Specialty Industrial Machinery Business Services Communication Equipment Diversified Industrials Health Care Plans

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Insurance Telecommunications Work From Home Natural Gas Mobile Devices Biotechnology Cloud Computing Software Smartphones Software As A Service Aerospace CRM Electronics IBD 50 Pharmaceutical Products Banking