INCM vs. FHEQ ETF Comparison
Comparison of Franklin Income Focus ETF (INCM) to Fidelity Hedged Equity ETF (FHEQ)
INCM
Franklin Income Focus ETF
INCM Description
Under normal market conditions, the fund invests in a diversified portfolio of debt and equity securities. The fund may invest up to 30% of its assets in equity index-linked notes, with respect to which interest payments are typically derived from the implied volatility of an equity index (e.g., the S&P 500 Index) and 10% of its assets in equity linked notes (ELNs).
Grade (RS Rating)
Last Trade
$26.99
Average Daily Volume
143,711
Number of Holdings
*
42
* 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 | INCM | FHEQ |
|---|---|---|
| 30 Days | 0.27% | 2.51% |
| 60 Days | 0.52% | 3.80% |
| 90 Days | 1.34% | 4.54% |
| 12 Months | 13.81% |
22 Overlapping Holdings
| Symbol | Grade | Weight in INCM | Weight in FHEQ | Overlap | |
|---|---|---|---|---|---|
| ABBV | D | 0.74% | 1.0% | 0.74% | |
| BAC | A | 1.17% | 1.17% | 1.17% | |
| C | A | 0.01% | 0.54% | 0.01% | |
| CMCSA | B | 0.0% | 0.83% | 0.0% | |
| CSCO | B | 0.54% | 0.79% | 0.54% | |
| CVX | A | 1.71% | 0.02% | 0.02% | |
| HD | A | 0.81% | 1.32% | 0.81% | |
| JNJ | D | 1.22% | 0.61% | 0.61% | |
| JPM | A | 1.54% | 1.82% | 1.54% | |
| LMT | D | 0.9% | 0.69% | 0.69% | |
| MRK | F | 0.01% | 0.69% | 0.01% | |
| MS | A | 0.4% | 0.16% | 0.16% | |
| MSFT | F | 0.15% | 5.64% | 0.15% | |
| NEE | D | 0.47% | 0.73% | 0.47% | |
| NEE | D | 0.51% | 0.73% | 0.51% | |
| PFE | D | 0.69% | 0.56% | 0.56% | |
| PG | A | 1.04% | 0.87% | 0.87% | |
| PM | B | 0.92% | 0.92% | 0.92% | |
| RTX | C | 0.59% | 0.44% | 0.44% | |
| VZ | C | 0.74% | 0.18% | 0.18% | |
| XEL | A | 0.3% | 0.21% | 0.21% | |
| XOM | B | 1.51% | 1.54% | 1.51% |
INCM Overweight 20 Positions Relative to FHEQ
INCM Underweight 147 Positions Relative to FHEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | -7.31% | |
| NVDA | C | -7.27% | |
| AMZN | C | -3.64% | |
| META | D | -2.87% | |
| BRK.A | B | -2.19% | |
| GOOGL | C | -2.02% | |
| GOOG | C | -1.74% | |
| AVGO | D | -1.49% | |
| MA | C | -1.34% | |
| TSLA | B | -1.26% | |
| NFLX | A | -1.26% | |
| CRM | B | -1.09% | |
| ADBE | C | -0.93% | |
| QCOM | F | -0.84% | |
| WMT | A | -0.8% | |
| LLY | F | -0.76% | |
| UNP | C | -0.73% | |
| TJX | A | -0.73% | |
| GILD | C | -0.73% | |
| AMAT | F | -0.7% | |
| TT | A | -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% | |
| SQ | B | -0.59% | |
| BDX | F | -0.59% | |
| CL | D | -0.58% | |
| UNH | C | -0.57% | |
| DIS | B | -0.57% | |
| NOC | D | -0.56% | |
| 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% | |
| CAT | B | -0.48% | |
| MU | D | -0.47% | |
| ZBRA | B | -0.47% | |
| V | A | -0.47% | |
| GE | D | -0.45% | |
| IGT | F | -0.45% | |
| COST | B | -0.45% | |
| ALLE | D | -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% | |
| NOW | A | -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% | |
| INCY | C | -0.27% | |
| MSI | B | -0.26% | |
| TMO | F | -0.26% | |
| IDXX | F | -0.26% | |
| NSC | B | -0.26% | |
| FTNT | C | -0.24% | |
| AMT | D | -0.24% | |
| AMGN | D | -0.24% | |
| BLK | C | -0.23% | |
| TROW | B | -0.23% | |
| LRCX | F | -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% | |
| 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% | |
| GEHC | F | -0.17% | |
| LNW | D | -0.17% | |
| FTI | A | -0.17% | |
| ADP | B | -0.16% | |
| WDAY | B | -0.16% | |
| SPG | B | -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% | |
| VEEV | C | -0.12% | |
| CINF | A | -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% | |
| ORCL | B | -0.04% | |
| QGEN | D | -0.04% | |
| SCCO | F | -0.04% | |
| LPLA | A | -0.03% | |
| MHO | D | -0.02% | |
| TWLO | A | -0.02% | |
| UNM | A | -0.01% | |
| NWL | B | -0.01% | |
| OGE | B | -0.01% |
INCM: Top Represented Industries & Keywords
Industries:
Utilities - Regulated Electric
Drug Manufacturers - Major
Aerospace & Defense
Banks - Global
Oil & Gas Integrated
Banks - Regional - US
Beverages - Soft Drinks
Diversified Industrials
Semiconductors
Capital Markets
Chemicals
Communication Equipment
Engineering & Construction
Home Improvement Stores
Household & Personal Products
Industrial Metals & Minerals
Oil & Gas E&P
Pay TV
Restaurants
Software - Infrastructure
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
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