Fidelity Hedged Equity ETF

Symbol: FHEQ

Exchange: BATS

Sector: Technology

Category: Equity Hedged

Inception Date: 09/04/2024

Latest Date: 17/04/2026

Current Price: $31.64

Expense Ratio: 0.48%

Assets Under Management
$815.6M
0.29% daily change

Period Performance

Adjusted cumulative ETF performance normalized to the first available adjusted price of the selected period.

Adjusted Return
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Performance Metrics

Return

6.17%

Volatility

9.69%

Sharpe Ratio

-3.853

VaR 95%

-0.97%

CVaR 95%: -1.04%
Max Drawdown: -5.64%
Sortino Ratio: -7.437
Calmar Ratio: -5.98
Return

3.50%

Volatility

9.26%

Sharpe Ratio

-2.234

VaR 95%

-0.99%

CVaR 95%: -1.21%
Max Drawdown: -7.96%
Sortino Ratio: -3.483
Calmar Ratio: -2.14
Return

3.26%

Volatility

10.02%

Sharpe Ratio

-1.138

VaR 95%

-1.08%

CVaR 95%: -1.44%
Max Drawdown: -7.96%
Sortino Ratio: -1.598
Calmar Ratio: -0.98
Return

24.66%

Volatility

11.08%

Sharpe Ratio

0.717

VaR 95%

-1.08%

CVaR 95%: -1.56%
Max Drawdown: -7.96%
Sortino Ratio: 1.029
Calmar Ratio: 1.46
Return

31.25%

Volatility

10.61%

Sharpe Ratio

1.053

VaR 95%

-1.04%

CVaR 95%: -1.44%
Max Drawdown: -11.12%
Sortino Ratio: 1.556
Calmar Ratio: 1.33

Daily Returns for Period 12M

Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 17/04/2025 - 17/04/2026.

Methodology: adjusted prices + daily simple return
Average Daily Return

0.092%

Best Day

3.014%

10/04/2026
Worst Day

-2.15%

10/10/2025
Days with Data

246

Recent Price History (Last 90 Days)

Date Open High Low Close Volume
17/04/2026 $31.55 $31.71 $31.47 $31.64 63,800
16/04/2026 $31.27 $31.34 $31.18 $31.27 28,600
15/04/2026 $31.06 $31.30 $31.04 $31.29 40,300
14/04/2026 $30.82 $31.03 $30.76 $31.03 152,100
13/04/2026 $30.02 $30.71 $30.02 $30.68 48,700
10/04/2026 $30.48 $30.51 $30.40 $30.42 167,100
02/04/2026 $29.23 $29.54 $29.23 $29.53 69,800
01/04/2026 $29.64 $29.66 $29.51 $29.57 2,750,800
31/03/2026 $29.24 $29.42 $29.09 $29.42 61,000
30/03/2026 $29.12 $29.12 $28.84 $28.92 69,700