Compare · 3 funds side by side · dividends reinvested

CBLS, FHEQ and SFLR

CBLSChangebridge×FHEQFidelity×SFLRInnovator×

Story of the three · Growth5Y$10,000 five years agoDividends reinvested · all three on one scale$10,693CBLS · best of the three

02 / 04

CBLS, FHEQ and SFLR, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Fidelity Hedged Equity ETFDefined Outcome · Hedged equity0.52%0.61%+6.0%+6.1%[…][…]−7.8%10.3%$1000M1.3

Innovator Equity Managed Floor ETFDefined Outcome · Hedged equity0.89%0.25%+3.1%+3.7%+14.9%[…]−6.8%10.7%$2.2B1.9

Clough Hedged Equity ETFDefined Outcome · Hedged equity1.89%0.90%−0.1%−1.3%+14.0%+1.3%−21.2%19.9%$34M2.4

Rank among the three1st → 3rdFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 6, 2026 · returns include dividends · since: CBLS 2020 · FHEQ 2024 · SFLR 2022

Head to Head

Swap sides Versus in desk

Head to Head

Clough Hedged Equity ETF · $34M$10,693

CBLS

FHEQ

Fidelity Hedged Equity ETF · $1000M[…]

$10,000 five years ago, dividends reinvested · they hold 15.3% in common

CBLSMeasureFHEQ

−0.1%Year to dateJan 1 → Nov 6+6.0%

−1.3%1 yearTotal return+6.1%

+14.0%3 years · per year$10,000 became $14,811 · […][…]

+1.3%5 years · per year$10,000 became $10,693 · […][…]

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

0.90%Trailing 12-mo yield$90 · $61 a year on $10k0.61%

−21.2%Worst dropSmaller is better−7.8%

19.9%VolatilityLower is calmer10.3%

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

1–5FHEQ wins

End-of-day Nov 6, 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

14.9%in top 5

FHEQ

in top 526.8%

CBLSStockFHEQ

not top 5AAPL7.8%

not top 5NVDA6.6%

not top 5MSFT5.7%

not top 5AMZN4.1%

3.3%ROLnot top 5

3.2%SNnot top 5

2.9%CMGnot top 5

2.8%UNHnot top 5

2.7%PHMnot top 5

not top 5GOOGL2.5%

Held in common15.3%

End-of-day Nov 6, 2026 · share of each fund

CBLS vs FHEQ Returns, Every Period

ChangebridgeCBLS

−1.3%

past year

FHEQFidelity

+6.1%

past year

CBLSFHEQFaded: behind in that period

0–2FHEQ wins

End-of-day Nov 6, 2026 · dividends in · faded = behind in that period

CBLS vs FHEQ

YTD

ChangebridgeCBLS

−0.1%

FHEQFidelity

+6.0%

−0.1%Year to date+6.0%

−21.2%Worst drop · 1Y−7.8%

19.9%Volatility · 1Y10.3%

0.9%Yield0.6%

$34.3MAssets$1000M

3–1FHEQ wins

End-of-day Nov 6, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: CBLS, FHEQ, SFLR

Today

0.52%lowest, FHEQ

FundExpense ratioFee$10k

FHEQ0.52%$52

SFLR0.89%$89

CBLS1.89%$189

End-of-day Nov 6, 2026 · fee on $10,000 a year

Yields: CBLS, FHEQ, SFLR

0.90%highest, CBLS

FundTrailing yieldYield$10k

CBLS0.90%$90

FHEQ0.61%$61

SFLR0.25%$25

End-of-day Nov 6, 2026 · trailing 12-month yield

Income After Fees on $10,000

$9most kept, FHEQ

FHEQ$61 − $52 = $9

SFLR$25 − $89 = −$64

CBLS$90 − $189 = −$99

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee

Overlap: CBLS, FHEQ, SFLR

Today

61.3%most shared, FHEQ and SFLR

CBLSFHEQSFLR

CBLS—15.3%14.8%

FHEQ15.3%—61.3%

SFLR14.8%61.3%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 3 ETFs

+6.1%FHEQ, at 10.3% volatility

FHEQWorst drop−7.8%10.3% vol

SFLRWorst drop−6.8%10.7% vol

CBLSWorst drop−21.2%19.9% vol

End-of-day Nov 6, 2026 · up and left is better

Paid More vs Made More

YTD

CBLSFHEQ

−0.1%Year to date+6.0%

0.9%Yield0.6%

−1.3%Past year+6.1%

1.89%Fee0.52%

3–1FHEQ wins

End-of-day Nov 6, 2026

Popular Pairs Near These Three

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026