Compare · 2 funds side by side · dividends reinvested

APRZ and FHEQ

APRZTrueShares×FHEQFidelity×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$16,240APRZ · best of the two

02 / 04

APRZ and FHEQ, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Fidelity Hedged Equity ETFDefined Outcome · Hedged equity0.52%0.59%+8.4%+7.5%[…][…]−7.8%10.1%$986M1.3

TrueShares Structured Outcome (April) ETFDefined Outcome · Hedged equity0.79%3.10%+8.3%+7.9%+17.0%+10.2%−8.8%11.3%$33M1.5

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 4, 2026 · returns include dividends · since: APRZ 2021 · FHEQ 2024

Head to Head

Swap sides Versus in desk

Head to Head

TrueShares Structured Outcome (April) ETF · $33M$16,240

APRZ

FHEQ

Fidelity Hedged Equity ETF · $986M[…]

$10,000 five years ago, dividends reinvested

APRZMeasureFHEQ

+8.3%Year to dateJan 1 → Nov 4+8.4%

+7.9%1 yearTotal return+7.5%

+17.0%3 years · per year$10,000 became $16,016 · […][…]

+10.2%5 years · per year$10,000 became $16,240 · […][…]

0.79%Expense ratio$79 · $52 a year on $10k · lower is better0.52%

3.10%Trailing 12-mo yield$310 · $59 a year on $10k0.59%

−8.8%Worst dropSmaller is better−7.8%

11.3%VolatilityLower is calmer10.1%

APRZFHEQ Winner of the row, in its colourEach row: the bigger of the two fills its side

2–4FHEQ wins

End-of-day Nov 4, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

APRZ vs FHEQ: Top 5 Holdings

Today

APRZ

[…]in top 5

FHEQ

in top 526.5%

APRZStockFHEQ

not top 5NVDA7.4%

not top 5AAPL7.4%

not top 5MSFT5.2%

not top 5AMZN3.9%

not top 5AVGO2.6%

Held in common[…]

End-of-day Nov 4, 2026 · share of each fund

APRZ vs FHEQ Returns, Every Period

TrueSharesAPRZ

+7.9%

past year

FHEQFidelity

+7.5%

past year

APRZFHEQFaded: behind in that period

1–1Level

End-of-day Nov 4, 2026 · dividends in · faded = behind in that period

APRZ vs FHEQ

YTD

TrueSharesAPRZ

+8.3%

FHEQFidelity

+8.4%

+8.3%Year to date+8.4%

−8.8%Worst drop · 1Y−7.8%

11.3%Volatility · 1Y10.1%

3.1%Yield0.6%

$32.7MAssets$986M

3–1FHEQ wins

End-of-day Nov 4, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: APRZ, FHEQ

Today

0.52%lowest, FHEQ

FundExpense ratioFee$10k

FHEQ0.52%$52

APRZ0.79%$79

End-of-day Nov 4, 2026 · fee on $10,000 a year

Yields: APRZ, FHEQ

3.10%highest, APRZ

FundTrailing yieldYield$10k

APRZ3.10%$310

FHEQ0.59%$59

End-of-day Nov 4, 2026 · trailing 12-month yield

Income After Fees on $10,000

$231most kept, APRZ

APRZ$310 − $79 = $231

FHEQ$59 − $52 = $7

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee

Overlap: APRZ, FHEQ

Today

[…]holdings […]

APRZFHEQ

APRZ—[…]

FHEQ[…]—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+7.9%APRZ, at 11.3% volatility

FHEQWorst drop−7.8%10.1% vol

APRZWorst drop−8.8%11.3% vol

End-of-day Nov 4, 2026 · up and left is better

Paid More vs Made More

YTD

APRZFHEQ

+8.3%Year to date+8.4%

3.1%Yield0.6%

+7.9%Past year+7.5%

0.79%Fee0.52%

2–2level

End-of-day Nov 4, 2026

Popular Pairs Near These Two

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$41.8BAssets$46.0B

1–1level

End-of-day Nov 4, 2026

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$185BAssets$798B

1–0SPYM wins

End-of-day Nov 4, 2026