31-Mar-2026
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Fidelity Hedged Equity ETF seeks capital appreciation. The fund invests at least 80% of assets in equity securities. Investing in equity securities of companies with market capitalizations generally similar to companies in the S&P 500 Index or Russell 1000 Index. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the S&P 500 Index. Employing a disciplined options-based strategy designed to provide downside protection in certain market conditions (i.e., offset or mitigate a decrease in the value of the fund's investments). The extent of this protection will be determined primarily based on the cost of the put options in the marketplace. Managing the options positions in a way that provides diversification of options strike prices and expirations. Investing in domestic and foreign issuers.
Fidelity Hedged Equity ETF trades on the BATS stock market under the symbol FHEQ.
As of March 31, 2026, FHEQ stock price climbed to $29.42 with 60,994 million shares trading.
FHEQ has a beta of 0.65, meaning it tends to be less sensitive to market movements. FHEQ has a correlation of 0.86 to the broad based SPY ETF.
FHEQ has a market cap of $813.46 million. This is considered a Small Cap stock.
FHEQ has underperformed the market in the last year with a return of +12.3%, while the SPY ETF gained +17.6%. In the last 3 month period, FHEQ fell short of the market, returning -4.6%, while SPY returned -4.4%. However, in the most recent 2 weeks FHEQ has outperformed the stock market by returning -2.1%, while SPY returned -2.8%.
FHEQ support price is $28.71 and resistance is $29.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FHEQ shares will trade within this expected range on the day.
