FHEQ vs BALT

AFHEQ

BBALT

Measures won2–2level · of 6 · 5Y

$10,000 · 5Y$13,532BALT

Lowest cost0.52%FHEQ · $52 on $10k

Most income0.60%FHEQ · $60 on $10k

Smallest drop−1.2%BALT · worst fall in 1Y

Held in common[…]FHEQ and BALT

FHEQ

BALT

Fidelity Hedged Equity ETF · $1000MInnovator Defined Wealth Shield ETF · $3.3B

[…]3 years · per year[…] · $12,502+7.7%

[…]5 years · per year[…] · $13,532+6.2%

0.52%Expense ratio$52 · $69 on $10k · lower wins0.69%

0.60%12-mo yield$60 · $0 on $10k0.00%

−7.8%Worst dropSmaller wins−1.2%

10.2%VolatilityLower wins2.7%

2–2Level

$10,000 · 5 yearsOne scale

Shared top holdingsFHEQ · BALT

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	BBALT	Innovator Defined Wealth Shield ETFRead Desk		0.69%	0.00%	+0.6%	+4.4%	+6.2%	+7.7%	+6.2%	−1.2%	$3.3B
2	AFHEQ	Fidelity Hedged Equity ETFRead Desk		0.52%	0.60%	+0.9%	+7.0%	+8.1%	new	new	−7.8%	$1000M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	BBALT	Innovator Defined Wealth Shield ETFRead Desk		0.69%	0.00%	+0.6%	+4.4%	+6.2%	+7.7%	+6.2%	−1.2%	$3.3B
2	AFHEQ	Fidelity Hedged Equity ETFRead Desk		0.52%	0.60%	+0.9%	+7.0%	+8.1%	new	new	−7.8%	$1000M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

FHEQ vs BALT

FHEQ

Fidelity Hedged Equity

[…]

BALT

Innovator Defined Wealth Shield

$13,532

MeasureFHEQBALT

Fee0.52%0.69%

Cost on $10k a year$52$69

Yield0.60%0.00%

5 years, per year[…]+6.2%

3 years, per year[…]+7.7%

Worst drop · 1Y−7.8%−1.2%

Volatility · 1Y10.2%2.7%

2–2measures won
level

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$122BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

Overlap: FHEQ, BALT

Today

[…]holdings […]

FHEQBALT

FHEQ—[…]

BALT[…]—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$8most kept, FHEQ

FHEQ$60 − $52 = $8

BALT$0 − $69 = −$69

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee