FIDELITY HEDGED EQUITY ETF
Symbol: FHEQ
Exchange: BATS
Sector: Technology
Category: Equity Hedged
Inception date: 09/04/2024
Latest date: 03/06/2026
Current price: $33.53
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
4.59%
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
9.94%
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
8.06%
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
20.68%
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
35.20%
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: 03/06/2025 - 03/06/2026.
Average daily return
0.077%
Best day
1.936%
Worst day
-2.15%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 03/06/2026 | $33.70 | $33.70 | $33.52 | $33.53 | 34,700 |
| 02/06/2026 | $33.57 | $33.76 | $33.57 | $33.73 | 32,400 |
| 01/06/2026 | $33.55 | $33.77 | $33.50 | $33.70 | 67,800 |
| 29/05/2026 | $33.33 | $33.65 | $33.33 | $33.53 | 36,300 |
| 28/05/2026 | $33.32 | $33.52 | $33.28 | $33.44 | 49,800 |
| 27/05/2026 | $33.34 | $33.40 | $33.25 | $33.37 | 29,900 |
| 26/05/2026 | $33.28 | $33.43 | $33.26 | $33.32 | 58,400 |
| 22/05/2026 | $33.25 | $33.25 | $33.13 | $33.18 | 21,800 |
| 21/05/2026 | $32.89 | $33.08 | $32.79 | $33.04 | 82,800 |
| 20/05/2026 | $32.84 | $33.02 | $32.75 | $33.01 | 124,700 |