FHEQ vs GSUS
Fidelity Hedged Equity ETF against Goldman Sachs MarketBeta U.S. Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
65%
118 shared positions
Fee gap
41 bp
GSUS is cheaper
1-year return gap
4.7 pts
GSUS is ahead
Larger fund
GSUS
$3.5B
Side by side
| FHEQ | GSUS | |
|---|---|---|
| Fund | Fidelity Hedged Equity ETF | Goldman Sachs MarketBeta U.S. Equity ETF |
| Issuer | Fidelity | Goldman Sachs |
| Category | Hedged Equity | Total Market |
| Expense ratio | 0.48% | 0.07% |
| Assets | $1.0B | $3.5B |
| Average daily dollar volume | $2.9M | $17M |
| Listed | Apr 9, 2024 | May 12, 2020 |
| FrenzyCap score | 73 | 82 |
| 1-month return | +0.9% | +2.8% |
| 3-month return | +2.4% | +4.1% |
| Year to date | +10.2% | +14.1% |
| 1-year return | +10.7% | +15.4% |
| 30-day volatility | 8.3% | 10.3% |
| Worst drawdown, 1 year | −8.0% | −9.5% |
| Trailing 12-month yield | 0.58% | 0.96% |
| Holdings | 195 | 414 |
| Top 10 weight | 39.0% | 39.8% |
| Look-through P/E | 23.7 | 26.2 |
| Holdings vs fair value | +4.0% | +0.8% |
| Holdings above 200-day average | 73% | 71% |
| Net flow, latest 3 reported months | +$62M thru Jul 2026 | −$88M thru May 2026 |
| 30-day implied volatility | 20.9% | 13.1% |
| Holdings as of | as of Jul 31, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
91% of FHEQ · 71% of GSUS| Holding | FHEQ | GSUS |
|---|---|---|
| NVDA | 7.77% | 7.72% |
| AAPL | 7.32% | 6.98% |
| MSFT | 5.05% | 5.16% |
| AMZN | 4.24% | 4.06% |
| GOOGL | 3.42% | 3.46% |
| AVGO | 2.90% | 3.25% |
| GOOG | 2.48% | 2.98% |
| META | 1.97% | 2.16% |
| MU | 1.51% | 1.71% |
| LLY | 1.61% | 1.46% |
| JPM | 1.92% | 1.26% |
| BRK.B | 1.94% | 1.03% |
| XOM | 1.06% | 0.95% |
| TSLA | 0.84% | 2.28% |
| CSCO | 1.04% | 0.75% |
| JNJ | 0.73% | 0.85% |
| V | 0.72% | 0.86% |
| INTC | 0.70% | 0.79% |
| COST | 0.78% | 0.66% |
| AMD | 0.65% | 1.31% |
| LRCX | 0.67% | 0.62% |
| MA | 1.23% | 0.61% |
| WMT | 0.61% | 0.79% |
| ABBV | 0.89% | 0.60% |
| NFLX | 0.56% | 0.57% |
Sector mix of the stock holdings
| Sector | FHEQ | GSUS | Gap |
|---|---|---|---|
| Technology | 44.9% | 47.2% | −2.2% |
| Industrials | 11.6% | 9.7% | +1.9% |
| Consumer Discretionary | 9.0% | 11.3% | −2.3% |
| Financials | 10.7% | 8.6% | +2.1% |
| Health Care | 8.4% | 7.5% | +0.9% |
| Consumer Staples | 2.3% | 3.1% | −0.9% |
| Energy | 2.3% | 2.5% | −0.2% |
| Utilities | 1.3% | 2.6% | −1.4% |
| Communication Services | 2.2% | 1.6% | +0.6% |
| Materials | 1.9% | 1.3% | +0.6% |
| Real Estate | 0.8% | 1.6% | −0.8% |
More: full overlap table · FHEQ holdings · GSUS holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.