FHEQ Fidelity Hedged Equity ETF
ETF 33.35 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $28.84 – $34.60
- YTD
- +7.86%
- IV Rank (30D)
- 16.77
- Straddle Price
- $1.35
- P/C Vol Ratio
- 0.47
- Open
- $33.49
- Day Range
- $33.32 – $33.49
- Volume
- 23,118
- Prev Close
- $33.47
Fidelity Hedged Equity ETF (FHEQ) ETF
No description available.
- Exchange
- BATS
- Inception
- 2024-04-09
- Has Options
- Yes
- Expense ratio
- 0.48% issuer, Oct 23, 2026
- Assets
- $1.0B issuer-reported, Oct 21, 2026
- Trailing yield
- 0.59% paid quarterly
- Average daily volume
- $2.8M 30 sessions
- Holdings
- 193 top 10 are 38.8%
- Listed
- Apr 9, 2024 Cboe BZX
- Net asset value
- $33.41 issuer, Oct 22, 2026
Moves with. US large-cap stocks (96% of its variance, beta 0.80). These factors explain 91% of its daily moves over the last year.
Stated objective. Fidelity Hedged Equity ETF seeks capital appreciation. (from the fund's prospectus)
All 193 holdingsFlow historySimilar fundsOverlap toolAll Hedged Equity ETFs
- Jul 2026
- +$21M latest reported month
- Latest 3 months
- +$62M +6.7% of assets
- Latest 12 months
- +$387M +41.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$21M |
| Jun 2026 | +$28M |
| May 2026 | +$14M |
| Apr 2026 | −$53M |
| Mar 2026 | +$20M |
| Feb 2026 | +$13M |
| Jan 2026 | +$62M |
| Dec 2025 | +$148M |
| Nov 2025 | +$26M |
| Oct 2025 | +$50M |
| Sep 2025 | +$15M |
| Aug 2025 | +$45M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 28 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| FYEEFidelity Yield Enhanced Equity ETF | 87% | 0.28% | $319M | +5.2% | compare |
| FELCFidelity Enhanced Large Cap Core ETF | 86% | 0.18% | $8.8B | +15.3% | compare |
| FBUFFidelity Dynamic Buffered Equity ETF | 85% | 0.48% | $28M | +11.0% | compare |
| MGCVanguard Morningstar Mega Cap ETF | 67% | 0.05% | $10.2B | +13.9% | compare |
| IWLiShares Russell Top 200 ETF | 67% | 0.15% | $2.2B | +13.1% | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- +4.9% 30% under, 24% over · 100% covered
- Price / earnings
- 24.4 4% loss-making · 100% covered
- Price / book · sales
- 5.1 · 3.5 revenue growth +13.9%
- Above 200-day average
- 69% 48% above 50-day · by weight
- Short interest
- 2.0% of float, weighted · 2.8 days to cover
- Insider buying
- 6% of weight had net insider buying, 90 days; 70% net selling
- 13F holders
- +1.9% change in shares held by institutions, latest quarter
- Reporting earnings
- 38.7% of weight in 7 days; 59.0% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | TRVTRAVELERS COMPANIES INC | — | 0.47% | — |
| New position | PHPARKER HANNIFIN CORP | — | 0.40% | — |
| Decrease | TJXTJX COMPANIES INC NEW | 0.39% | 0.00% | −99.8% |
| New position | VEEVVEEVA SYS INC CL A | — | 0.32% | — |
| New position | CRWDCROWDSTRIKE HOLDINGS INC | — | 0.30% | — |
| Decrease | KMIKINDER MORGAN INC | 0.27% | 0.00% | −99.8% |
| Decrease | STTSTATE STREET CORP | 0.24% | 0.00% | −99.8% |
| Increase | DOXAMDOCS LTD | 0.12% | 0.33% | +166.3% |
| Decrease | MMM3M CO | 0.19% | 0.00% | −99.8% |
| Increase | OXYOCCIDENTAL PETROLEUM CORP | 0.28% | 0.43% | +54.4% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.7%. Full holdings and history
- Authorized participants
- 8 active of 20 with agreements; top 3 did 75%
- Created · redeemed
- $589M · $218M over the fiscal year
- Redemptions in kind
- 96% creations 79% in kind
- Creation unit
- 25,000 shares
- Securities lending
- 0.05% of assets on loan on average; earned 0.0 bp
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-18 | 2026-09-22 | $0.0570 | CD |
| 2026-06-18 | 2026-06-23 | $0.0420 | CD |
| 2026-03-20 | 2026-03-24 | $0.0590 | CD |
| 2025-12-19 | 2025-12-23 | $0.0400 | CD |
| 2025-09-19 | 2025-09-23 | $0.0400 | CD |
| 2025-06-20 | 2025-06-24 | $0.0570 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| NVDA | NVIDIA CORP | 7.91% | Equity (US) | US |
| AAPL | APPLE INC | 7.50% | Equity (US) | US |
| MSFT | MICROSOFT CORP | 5.31% | Equity (US) | US |
| AMZN | AMAZON.COM INC | 4.05% | Equity (US) | US |
| GOOGL | ALPHABET INC CL A | 2.92% | Equity (US) | US |
| AVGO | BROADCOM INC | 2.65% | Equity (US) | US |
| META | META PLATFORMS INC CL A | 2.44% | Equity (US) | US |
| GOOG | ALPHABET INC CL C | 2.11% | Equity (US) | US |
| BRK.B | BERKSHIRE HATHAWAY INC CL B | 1.99% | Equity (US) | US |
| LLY | ELI LILLY & CO | 1.87% | Equity (US) | US |
| JPM | JPMORGAN CHASE & CO | 1.81% | Equity (US) | US |
| — | CASH CF | 1.73% | Cash/Money Market | — |
| MU | MICRON TECHNOLOGY INC | 1.71% | Equity (US) | US |
| V | VISA INC CL A | 1.32% | Equity (US) | US |
| MA | MASTERCARD INC CL A | 1.22% | Equity (US) | US |
| XOM | EXXONMOBIL HOLDINGS CORP | 1.20% | Equity (US) | US |
| TSLA | TESLA INC | 1.14% | Equity (US) | US |
| CSCO | CISCO SYSTEMS INC | 1.05% | Equity (US) | US |
| UNH | UNITEDHEALTH GROUP INC | 0.98% | Equity (US) | US |
| CAT | CATERPILLAR INC | 0.94% | Equity (US) | US |
| AMD | ADVANCED MICRO DEVICES INC | 0.94% | Equity (US) | US |
| BAC | BANK OF AMERICA CORPORATION | 0.90% | Equity (US) | US |
| ABBV | ABBVIE INC | 0.89% | Equity (US) | US |
| INTC | INTEL CORP | 0.89% | Equity (US) | US |
| CVX | CHEVRON CORP | 0.83% | Equity (US) | US |
| GE | GE AEROSPACE | 0.82% | Equity (US) | US |
| GILD | GILEAD SCIENCES INC | 0.81% | Equity (US) | US |
| COST | COSTCO WHOLESALE CORP | 0.81% | Equity (US) | US |
| PFE | PFIZER INC | 0.77% | Equity (US) | US |
| APH | AMPHENOL CORPORATION CL A | 0.76% | Equity (US) | US |
| AMAT | APPLIED MATERIALS INC | 0.75% | Equity (US) | US |
| RTX | RTX CORP | 0.75% | Equity (US) | US |
| GEV | GE VERNOVA INC | 0.72% | Equity (US) | US |
| WFC | WELLS FARGO & CO | 0.69% | Equity (US) | US |
| BMY | BRISTOL-MYERS SQUIBB CO | 0.68% | Equity (US) | US |
| TT | TRANE TECHNOLOGIES PLC | 0.68% | Equity (US) | US |
| PGR | PROGRESSIVE CORP OHIO | 0.68% | Equity (US) | US |
| UBER | UBER TECHNOLOGIES INC | 0.67% | Equity (US) | US |
| SCHW | SCHWAB CHARLES CORP | 0.67% | Equity (US) | US |
| FTNT | FORTINET INC | 0.64% | Equity (US) | US |
| JNJ | JOHNSON & JOHNSON | 0.63% | Equity (US) | US |
| ADBE | ADOBE INC | 0.63% | Equity (US) | US |
| ABNB | AIRBNB INC CLASS A | 0.62% | Equity (US) | US |
| MRK | MERCK & CO INC NEW | 0.61% | Equity (US) | US |
| BNY | BANK OF NEW YORK MELLON CORP | 0.61% | Equity (US) | US |
| WMT | WALMART INC | 0.60% | Equity (US) | US |
| PG | PROCTER & GAMBLE CO | 0.60% | Equity (US) | US |
| REGN | REGENERON PHARMACEUTICALS INC | 0.59% | Equity (US) | US |
| QCOM | QUALCOMM INC | 0.57% | Equity (US) | US |
| AME | AMETEK INC NEW | 0.56% | Equity (US) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 1.28% | $11.9M | 1 |
| Derivative (equity) | 1.05% | $9.7M | 7 |
| Month | '24 | '25 | '26 | Avg |
|---|---|---|---|---|
| Jan | -- | 1.13% | 0.87% | 1.00% |
| Feb | -- | -0.90% | -2.47% | -1.69% |
| Mar | -- | -2.88% | -4.23% | -3.56% |
| Apr | -2.92% | 0.00% | 8.29% | 1.79% |
| May | 3.67% | 4.24% | 4.32% | 4.08% |
| Jun | 3.09% | 3.71% | -2.30% | 1.50% |
| Jul | 0.69% | 1.29% | 1.24% | 1.07% |
| Aug | 3.33% | 3.34% | 0.50% | 2.39% |
| Sep | 3.01% | 3.65% | -0.53% | 2.04% |
| Oct | 0.66% | 1.18% | -0.88%* | 0.32% |
| Nov | 3.74% | -0.42% | -- | 1.66% |
| Dec | -2.60% | 0.19% | -- | -1.21% |
| Total | 13.10% | 15.24% | 4.32% | 10.89% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers and Primary Risks:
- Technical indicators suggest a bullish momentum with RSI overbought, but MACD signal line crossover indicates potential buying pressure.
- Beta analysis shows low volatility relative to the market, indicating a lower risk profile.
Recent News Sentiment Impact: No recent news available, which may impact analysis as it would typically provide additional insights into the stock's price movements.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Bullish
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- SMA 20: $32.90 (support)
- Upper Bollinger Band: $33.69 (resistance)
Momentum Signals:
- RSI interpretation: Overbought (>70) - potential sell signal
- MACD signal line crossover: Bullish momentum
- Bollinger Bands position: Neutral
Volume Analysis:
- Volume SMA 20: 60993.35 (stable)
- On-Balance Volume (OBV): -8285128.71 (bearish)
- Volume Rate of Change: -38.87% (declining)
News & Sentiment Analysis
Recent Headlines Summary: No recent news available.
Sentiment Assessment: Neutral (no recent news available).
Catalyst Identification: No upcoming earnings or major events announced.
Market Narrative: Without recent news, technical signals take precedence. The bullish MACD signal line crossover and low volatility suggest a potential buying opportunity, but the overbought RSI indicates caution.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to the market (beta: 0.75).
Volatility Regime: Low volatility - stock moves less than market.
Options Market Signals:
- IV Rank: Low (4.2%) indicating historically low volatility.
- Current IV: 21.0% relatively high, but still within historical norms.
- Expected Move: $6.10 (20 DTE), 7-DTE: $6.10.
- Volume Flow: 1 calls vs 0 puts - bullish sentiment.
- Open Interest: 1 calls vs 0 puts - bullish sentiment.
Downside Protection: Support level at SMA 20 ($32.90) and risk management considerations for position sizing.
Market Context & Positioning
Sector Performance: No sector data available.
Institutional Activity: No institutional activity data available.
Correlation Analysis: Correlation with the market (R-squared): 0.95 - indicating a relatively strong correlation.
Relative Valuation: The stock is trading within its historical range, neither significantly overvalued nor undervalued.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $32.90 (support)
- Upper Bollinger Band: $33.69 (resistance)
Breakout/Breakdown Levels:
- Breakout level: SMA 50 ($31.47) - potential buy signal
- Breakdown level: SMA 200 ($30.86) - potential sell signal
Time-Sensitive Catalysts: No upcoming earnings or major events announced.
Risk Management: Stop-loss levels at $32.10 and position sizing considerations based on risk tolerance.
Note: This analysis focuses on the technical signals and beta interpretation, as no recent news is available. The options market signals indicate a relatively low volatility environment, which may impact trading decisions.
FHEQ Options Activity & IV Rank
FHEQ IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Options Flow
ATM Options Pricing
Chain Summary
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
FHEQ Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|