FIDELITY HEDGED EQUITY ETF
Symbol: FHEQ
Exchange: BATS
Sector: Technology
Category: Equity Hedged
Inception date: 09/04/2024
Latest date: 15/10/2026
Current price: $33.79
Expense ratio: 0.48%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
0.68%
Ann. -33.71% (Sharpe / Sortino numerator)
Volatility
9.69%
Sharpe ratio
-3.853
VaR 95%
-0.97%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
0.77%
Ann. -17.05% (Sharpe / Sortino numerator)
Volatility
9.26%
Sharpe ratio
-2.234
VaR 95%
-0.99%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
8.31%
Ann. -7.78% (Sharpe / Sortino numerator)
Volatility
10.02%
Sharpe ratio
-1.138
VaR 95%
-1.08%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
11.89%
Ann. 11.58% (Sharpe / Sortino numerator)
Volatility
11.08%
Sharpe ratio
0.717
VaR 95%
-1.08%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
25.19%
Ann. 14.79% (Sharpe / Sortino numerator)
Volatility
10.61%
Sharpe ratio
1.053
VaR 95%
-1.04%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
37.68%
Ann. 14.29% (Sharpe / Sortino numerator)
Volatility
10.62%
Sharpe ratio
1.001
VaR 95%
-1.01%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 15/10/2025 - 15/10/2026.
Average daily return
0.047%
Best day
1.936%
Worst day
-2.29%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $33.72 | $33.81 | $33.58 | $33.79 | 65,000 |
| 14/10/2026 | $33.98 | $33.98 | $33.63 | $33.75 | 75,700 |
| 13/10/2026 | $34.10 | $34.12 | $33.92 | $34.02 | 79,900 |
| 12/10/2026 | $34.08 | $34.09 | $34.00 | $34.04 | 58,900 |
| 09/10/2026 | $33.93 | $34.11 | $33.91 | $34.07 | 54,100 |
| 08/10/2026 | $34.03 | $34.03 | $33.74 | $33.87 | 155,100 |
| 07/10/2026 | $34.09 | $34.09 | $33.85 | $34.01 | 82,700 |
| 06/10/2026 | $33.99 | $34.24 | $33.99 | $34.10 | 70,300 |
| 05/10/2026 | $33.65 | $34.08 | $33.65 | $34.00 | 63,900 |
| 02/10/2026 | $33.88 | $33.91 | $33.73 | $33.77 | 59,400 |