ATLASFidelity Hedged Equity ETF (FHEQ): outlook, holdings and fees
Fidelity Hedged Equity ETF (FHEQ) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.50% and the yield is 0.57%. The ten largest holdings are 39% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FHEQ
| Last price | $33.15 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 59% |
| Likely 1-month range (50%) | $32.81 – $33.86 |
| Normal 1-day range (±1σ) | ±0.5% |
| Distribution yield | 0.57% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FHEQ fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Other strategies |
| Assets under management | $1.0B |
| Expense ratio | 0.50% |
| Number of holdings | 49 |
| Inception | Apr 9, 2024 |
| Exchange | CBOE |
Normally investing at least 80% of assets in equity securities. Investing in equity securities of companies with market capitalizations generally similar to companies in the S&P 500® Index or Russell 1000 Index. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the S&P 500® Index.
FHEQ top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 7.91% |
| Apple Inc. AAPL | Technology | 7.27% |
| Microsoft Corporation MSFT | Technology | 5.32% |
| Amazon.com Inc AMZN | Consumer Cyclical | 4.19% |
| Alphabet Inc Class A GOOGL | Communication Services | 2.99% |
| Broadcom Inc AVGO | Technology | 2.68% |
| Meta Platforms Inc. META | Communication Services | 2.56% |
| Alphabet Inc Class C GOOG | Communication Services | 2.18% |
| Micron Technology Inc MU | Technology | 1.89% |
| Berkshire Hathaway Inc BRK-B | Financial Services | 1.99% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FHEQ sector breakdown
| Sector | Weight |
|---|---|
| Technology | 41.3% |
| Financial Services | 12.0% |
| Healthcare | 10.1% |
| Communication Services | 9.7% |
| Industrials | 9.4% |
| Consumer Cyclicals | 8.0% |
| Consumer Defensive | 3.4% |
| Energy | 3.0% |
| Real Estate | 1.3% |
| Utilities | 1.0% |
| Basic Materials | 0.9% |
By region: North America 100.0%.
FHEQ returns and risk
| Year to date | +11.0% |
|---|---|
| 1 year | +14.6% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
FHEQ: frequently asked questions
What does FHEQ invest in?
Fidelity Hedged Equity ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (7.9%), Apple Inc. (7.3%), Microsoft Corporation (5.3%), Amazon.com Inc (4.2%), Alphabet Inc Class A (3.0%).
What is the FHEQ expense ratio?
0.50% a year: about $50.00 for every $10,000 invested.
What is the FHEQ dividend yield?
0.57%. ATLAS does not hold the exact distribution dates for ETFs.
Will FHEQ go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 59%, with a likely range (50%) of $32.81 to $33.86 from $33.15 today. It is a probability, not a prediction.
How has FHEQ performed?
Year to date +11.0%, one year +14.6%. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer