Fidelity Hedged Equity ETF

Symbol: FHEQ

Exchange: BATS

Sector: Technology

Category: Equity Hedged

Inception Date: 09/04/2024

Latest Date: 02/04/2026

Current Price: $29.53

Expense Ratio: 0.48%

Assets Under Management
$831.8M
1.03% 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

-3.68%

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

-4.50%

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

-3.94%

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

11.53%

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

Daily Returns for Period 12M

Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.

Methodology: adjusted prices + daily simple return
Average Daily Return

0.046%

Best Day

3.537%

09/04/2025
Worst Day

-3.008%

03/04/2025
Days with Data

251

Recent Price History (Last 90 Days)

Date Open High Low Close Volume
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
27/03/2026 $29.25 $29.25 $29.05 $29.07 102,200
26/03/2026 $29.55 $29.59 $29.29 $29.29 66,900
25/03/2026 $29.73 $29.73 $29.59 $29.61 23,700
24/03/2026 $29.55 $29.62 $29.42 $29.57 42,300
23/03/2026 $29.76 $29.79 $29.56 $29.56 37,200
20/03/2026 $29.88 $29.88 $29.40 $29.53 91,400