Compare · 2 funds side by side · dividends reinvested

FHEQ and SPY

FHEQFidelity×SPYSPDR×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$18,060SPY · best of the two

02 / 04

FHEQ and SPY, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%0.99%+13.3%+13.4%+24.1%+12.6%−8.9%12.9%$798B1.3

Fidelity Hedged Equity ETFDefined Outcome · Hedged equity0.52%0.59%+8.4%+7.5%[…][…]−7.8%10.1%$986M1.7

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: FHEQ 2024 · SPY 1993

Head to Head

Swap sides Versus in desk

Head to Head

Fidelity Hedged Equity ETF · $986M[…]

FHEQ

SPY

State Street SPDR S&P 500 ETF · $798B$18,060

$10,000 five years ago, dividends reinvested · they hold 63.6% in common

FHEQMeasureSPY

+8.4%Year to dateJan 1 → Nov 4+13.3%

+7.5%1 yearTotal return+13.4%

[…]3 years · per year$10,000 became […] · $19,132+24.1%

[…]5 years · per year$10,000 became […] · $18,060+12.6%

0.52%Expense ratio$52 · $9 a year on $10k · lower is better0.09%

0.59%Trailing 12-mo yield$59 · $99 a year on $10k0.99%

−7.8%Worst dropSmaller is better−8.9%

10.1%VolatilityLower is calmer12.9%

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

2–4SPY wins

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

More Ways to See the Pairs

FHEQ vs SPY: Top 5 Holdings

Today

FHEQ

26.5%in top 5

SPY

in top 527.3%

FHEQStockSPY

7.4%NVDA7.7%

7.4%AAPL7.4%

5.2%MSFT5.9%

3.9%AMZN3.8%

2.6%AVGOnot top 5

not top 5GOOGL2.5%

Held in common63.6%

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

FHEQ vs SPY Returns, Every Period

FidelityFHEQ

+7.5%

past year

SPYSPDR

+13.4%

past year

FHEQSPYFaded: behind in that period

0–2SPY wins

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

Defined Outcome vs Core: FHEQ vs SPY

YTD

FidelityFHEQ

+8.4%

SPYSPDR

+13.3%

+8.4%Year to date+13.3%

−7.8%Worst drop · 1Y−8.9%

10.1%Volatility · 1Y12.9%

0.6%Yield1.0%

$986MAssets$798B

2–2level

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

Cost, Income and Risk

Fees: FHEQ, SPY

Today

0.09%lowest, SPY

FundExpense ratioFee$10k

SPY0.09%$9

FHEQ0.52%$52

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

Yields: FHEQ, SPY

0.99%highest, SPY

FundTrailing yieldYield$10k

SPY0.99%$99

FHEQ0.59%$59

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

Income After Fees on $10,000

$90most kept, SPY

SPY$99 − $9 = $90

FHEQ$59 − $52 = $7

KeptFee

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

Overlap: FHEQ, SPY

Today

63.6%most shared, FHEQ and SPY

FHEQSPY

FHEQ—63.6%

SPY63.6%—

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

Return vs Bumpiness: 2 ETFs

+13.4%SPY, at 12.9% volatility

FHEQWorst drop−7.8%10.1% vol

SPYWorst drop−8.9%12.9% vol

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

Paid More vs Made More

YTD

SPYFHEQ

+13.3%Year to date+8.4%

1.0%Yield0.6%

+13.4%Past year+7.5%

0.09%Fee0.52%

4–0SPY wins

End-of-day Nov 4, 2026

Popular Pairs Near These Two

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

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