Summary
Fidelity Hedged Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Fidelity. Positions inside: 190. The ten largest make up 39% of the fund.
- Yearly costs
- 0.52%
- Fund size
- $985.6M
- Positions
- 190
- Dividend yield
- 0.17%
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- 42% of the fund is in one sector (Technology).
- 96% of the fund is in one country (United States).
- Costs of 0.52% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.9%
- 3 months
- +1.3%
- This year
- +8.3%
- 1 year
- +9.2%
- Avg. market cap
- $2.21T
- P/E
- 24.4x
- Forward P/E
- 21.5x
- P/S
- 5.2x
- P/B
- 6.7x
- P/FCF
- 27.8x
- EV/EBITDA
- 19.0x
- Dividend yield
- 0.83%
- ROIC
- 26.9%
- ROE
- 58.7%
- Gross margin
- 58.8%
- Operating margin
- 33.2%
- Net margin
- 30.7%
- Payout ratio
- 20.2%
- Net debt/EBITDA
- 1.2x
- Beta
- 0.80
Weighted average of the 50 largest companies, which make up 72% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NVNvidia NVDA 7.8%
- 2 AAApple AAPL 7.5%
- 3 MSMicrosoft MSFT 5.4%
- 4 AMAmazon AMZN 3.9%
- 5 GOAlphabet GOOGL 3.1%
- 6 AVBroadcom AVGO 2.7%
- 7 MEMeta META 2.6%
- 8 GOAlphabet GOOG 2.2%
- 9 BRBerkshire Hathaway BRK-B 2.0%
- 10 LLEli Lilly LLY 1.8%
Positions in the fund: 190. The ten largest make up 39% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 42%
- Financials 12%
- Communication services 9.7%
- Healthcare 9.5%
- Industrials 8.2%
- Other 18%
By country
- United States 96%
- Ireland 0.7%
- Netherlands 0.4%
- Other countries 3.0%
By company size
- Mega cap 68%
- Large cap 30%
- Mid cap 2.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (42%). Largest country: United States (96%). Largest size group: Mega cap (68%).
What does it cost me?
Expensive- A year from $10,000
- $52.00
- Over 20 years
- $2,508
From every $10,000 invested the fund takes $52.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,508.
How has it done?
Growing over the long run- Over the last year
- +9.2%
- Deepest drop
- -11%
- Yearly volatility
- 10%
Growth over the last year: 9.2%. Deepest drop in these years: 11% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.17%
- Last payment
- $0.06
Over the last 12 months it paid $0.06 per share, which is 0.17% of today's price. The last payment was $0.06 on Sep 18, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $2.75M
- Shares a day
- 82K
On an average day about $2.75M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 24.4
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 12%
- Fairly valued 5.8%
- Overvalued 82%
On average the companies inside trade for 24.4 times their yearly profit. By Fair Price, 82% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 72% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FB FBUF Fidelity Dynamic Buffered Equity ETF | United States | 0.52% | $25.7M | +11% | Pays out | 87% |
FY FYEE Fidelity Yield Enhanced Equity ETF | United States | 0.31% | $200.0M | +5.4% | Pays out | 86% |
FE FELC Fidelity Enhanced Large Cap Core ETF | United States | 0.18% | $8.61B | +16% | Pays out | 85% |
MG MGC Vanguard Morningstar Mega Cap ETF | United States | 0.05% | $11.0B | +14% | Pays out | 68% |
IW IWL iShares Russell Top 200 ETF | United States | 0.15% | $2.24B | +13% | Pays out | 67% |
EL EL4I.DE Deka MSCI USA LC UCITS ETF | Germany | 0.30% | $145.3M | +19% | Pays out | 67% |