FIDELITY HEDGED EQUITY ETF
Symbol: FHEQ
Exchange: BATS
Sector: Technology
Category: Equity Hedged
Inception date: 09/04/2024
Latest date: 20/07/2026
Current price: $33.12
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
0.03%
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
5.13%
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
8.69%
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
14.72%
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
28.19%
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.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.
Average daily return
0.057%
Best day
1.936%
Worst day
-2.291%
Days with data
250
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 20/07/2026 | $33.16 | $33.38 | $33.12 | $33.12 | 53,300 |
| 17/07/2026 | $33.02 | $33.29 | $33.02 | $33.17 | 28,200 |
| 16/07/2026 | $33.60 | $33.60 | $33.29 | $33.38 | 36,500 |
| 15/07/2026 | $33.49 | $33.59 | $33.40 | $33.59 | 62,500 |
| 14/07/2026 | $33.44 | $33.47 | $33.34 | $33.43 | 37,500 |
| 13/07/2026 | $33.22 | $33.43 | $33.22 | $33.28 | 67,900 |
| 10/07/2026 | $33.49 | $33.50 | $33.30 | $33.49 | 71,300 |
| 09/07/2026 | $33.22 | $33.37 | $33.11 | $33.37 | 41,300 |
| 08/07/2026 | $32.94 | $33.13 | $32.88 | $33.11 | 79,700 |
| 07/07/2026 | $33.30 | $33.30 | $33.06 | $33.15 | 45,100 |