Compare · 2 funds side by side · dividends reinvested

CBLS and FHEQ

CBLSChangebridge×FHEQFidelity×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$11,127CBLS · best of the two

02 / 04

CBLS 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%$986M1.2

Clough Hedged Equity ETFDefined Outcome · Hedged equity1.89%0.88%+2.3%−0.1%+15.1%+2.2%−17.9%19.4%$50M1.6

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: CBLS 2020 · FHEQ 2024

Head to Head

Swap sides Versus in desk

Head to Head

Clough Hedged Equity ETF · $50M$11,127

CBLS

FHEQ

Fidelity Hedged Equity ETF · $986M[…]

$10,000 five years ago, dividends reinvested · they hold 10.3% in common

CBLSMeasureFHEQ

+2.3%Year to dateJan 1 → Nov 4+8.4%

−0.1%1 yearTotal return+7.5%

+15.1%3 years · per year$10,000 became $15,244 · […][…]

+2.2%5 years · per year$10,000 became $11,127 · […][…]

1.89%Expense ratio$189 · $52 a year on $10k · lower is better0.52%

0.88%Trailing 12-mo yield$88 · $59 a year on $10k0.59%

−17.9%Worst dropSmaller is better−7.8%

19.4%VolatilityLower is calmer10.1%

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

1–5FHEQ wins

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

More Ways to See the Pairs

CBLS vs FHEQ: Top 5 Holdings

Today

CBLS

16.5%in top 5

FHEQ

in top 526.5%

CBLSStockFHEQ

not top 5NVDA7.4%

not top 5AAPL7.4%

not top 5MSFT5.2%

not top 5AMZN3.9%

3.4%VGnot top 5

3.4%ROLnot top 5

3.4%SNnot top 5

3.2%LNGnot top 5

3.1%UNHnot top 5

not top 5AVGO2.6%

Held in common10.3%

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

CBLS vs FHEQ Returns, Every Period

ChangebridgeCBLS

−0.1%

past year

FHEQFidelity

+7.5%

past year

CBLSFHEQFaded: behind in that period

0–2FHEQ wins

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

CBLS vs FHEQ

YTD

ChangebridgeCBLS

+2.3%

FHEQFidelity

+8.4%

+2.3%Year to date+8.4%

−17.9%Worst drop · 1Y−7.8%

19.4%Volatility · 1Y10.1%

0.9%Yield0.6%

$50.0MAssets$986M

3–1FHEQ wins

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

Cost, Income and Risk

Fees: CBLS, FHEQ

Today

0.52%lowest, FHEQ

FundExpense ratioFee$10k

FHEQ0.52%$52

CBLS1.89%$189

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

Yields: CBLS, FHEQ

0.88%highest, CBLS

FundTrailing yieldYield$10k

CBLS0.88%$88

FHEQ0.59%$59

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

Income After Fees on $10,000

$7most kept, FHEQ

FHEQ$59 − $52 = $7

CBLS$88 − $189 = −$101

KeptFee

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

Overlap: CBLS, FHEQ

Today

10.3%most shared, CBLS and FHEQ

CBLSFHEQ

CBLS—10.3%

FHEQ10.3%—

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

Return vs Bumpiness: 2 ETFs

+7.5%FHEQ, at 10.1% volatility

FHEQWorst drop−7.8%10.1% vol

CBLSWorst drop−17.9%19.4% vol

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

Paid More vs Made More

YTD

CBLSFHEQ

+2.3%Year to date+8.4%

0.9%Yield0.6%

−0.1%Past year+7.5%

1.89%Fee0.52%

3–1FHEQ wins

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