Fidelity Hedged Equity ETF

10-Year Study

FHEQ.US · · US · ETF

Executive Summary: Fidelity Hedged Equity ETF has compounded at 14.3% annually over the last 10 years, with a maximum drawdown of 5.7% and an annualized volatility of 13.5%.

1Y CAGR
+14.8%
3Y CAGR
+14.3%
5Y CAGR
+14.3%
10Y CAGR
+14.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
5.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
1.14
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.89
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
9.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +13.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · 1.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
100%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.9-1.7-4.06.3————————1.2%
20251.1-1.0-3.80.24.74.41.12.03.31.4-0.2-0.313.3%
2024————3.53.30.92.31.4-0.14.0-2.113.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 13.5%. The dominant macroeconomic risk driver is VTI.US, accounting for 49.5% of variance. Idiosyncratic stock-specific factors contribute 0.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2024-04-0110000
2024-05-0110345.02648479928
2024-06-0110689.645118984043
2024-07-0110787.570688795962
2024-08-0111035.073081731987
2024-09-0111194.717920318735
2024-10-0111186.853254074365
2024-11-0111629.790173604164
2024-12-0111389.509604244706
2025-01-0111511.048290787292
2025-02-0111394.901676138572
2025-03-0110965.369659228067
2025-04-0110991.143906265732
2025-05-0111502.456344052584
2025-06-0112004.960164465761
2025-07-0112142.42175322234
2025-08-0112384.020667829891
2025-09-0112796.497837754478
2025-10-0112975.849348904729
2025-11-0112950.82309352142
2025-12-0112909.22233084077
2026-01-0113026.16154580481
2026-02-0112798.548051812322
2026-03-0112286.940240963242
2026-04-0113059.572445102669
Annual Return Matrix
YearAnnual Return
20250.13343091839789945
20260.011646721267067006
Total Factor Risk
0.13459203875256637
VTI.US Exposure
0.4953969448309938
VEA.US Exposure
-0.09392776963018752
VWO.US Exposure
0.037380155885244626
QQQ.US Exposure
0.01748876514958413
VTV.US Exposure
0.05422316947038329
IJR.US Exposure
-0.038479347864110634
QUAL.US Exposure
-0.007752875576299971
SHV.US Exposure
0.3918984197933294
TLT.US Exposure
-0.02288858736473753
LQD.US Exposure
0.12399525856164956
HYG.US Exposure
-0.03216414435184648
GLD.US Exposure
-0.001558140365815962
USO.US Exposure
0.007625553312286505
VNQ.US Exposure
0.026709993262337507
BTC-USD.CC Exposure
-0.011016339079654937
CPER.US Exposure
-0.0031557657539803773
VIX.INDX Exposure
-0.00002326995892054663
UUP.US Exposure
0.04495475179287244
TIP.US Exposure
0.007510534009955252
Idiosyncratic Exposure
0.0037826938769173943
Value Score
42.4
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
7.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
13.5%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →18.9x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.63%
Market Cap$401.2B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$25
Avg Yield on Cost
0.25%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$24.640.25%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Fidelity Hedged Equity ETF a high-risk investment?

Fidelity Hedged Equity ETF (FHEQ.US) has an annualized volatility of 13.5% and experienced a maximum drawdown of 5.7% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of FHEQ.US?

Over the past 10 years, FHEQ.US has generated a Compound Annual Growth Rate (CAGR) of 14.3%. It has had a positive return in 100% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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