Performance analysis of FHEQ (FIDELITY HEDGED EQUITY ETF)
Annual Return
Since Apr 11, 2024, FHEQ has had an average annual return of +14.39%, underperforming the benchmark SPY, which returned +18.92% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +8.38% | +13.34% | +10.57% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.90% | -1.75% | -3.81% | +8.84% | +4.71% | -1.67% | +1.40% | +8.38% | |||||
| 2025 | +1.07% | -1.01% | -3.77% | +0.23% | +4.65% | +4.37% | +1.15% | +1.99% | +3.33% | +1.41% | -0.20% | -0.32% | +13.34% |
| 2024 | -2.92% | +3.45% | +3.33% | +0.92% | +2.30% | +1.44% | -0.06% | +3.96% | -2.06% | +10.57% |
Drawdown analysis of FHEQ (FIDELITY HEDGED EQUITY ETF)
The maximum drawdown for the FHEQ was -11.12%, occurring on Apr 21, 2025. Recovery took 44 trading sessions.
The current FHEQ drawdown is -0.88%.
Since Apr 11, 2024 FHEQ has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.12% | Dec 6, 2024 | 90 | Apr 21, 2025 | 44 | Jun 24, 2025 | 134 |
| -7.78% | Feb 2, 2026 | 39 | Mar 30, 2026 | 13 | Apr 17, 2026 | 52 |
| -5.40% | Jul 16, 2024 | 16 | Aug 7, 2024 | 12 | Aug 23, 2024 | 28 |
| -4.31% | Oct 28, 2025 | 17 | Nov 20, 2025 | 14 | Dec 11, 2025 | 31 |
| -4.09% | Jun 2, 2026 | 6 | Jun 10, 2026 | Ongoing | Ongoing | Ongoing |
| -3.60% | Aug 23, 2024 | 9 | Sep 6, 2024 | 9 | Sep 19, 2024 | 18 |
| -3.13% | Apr 11, 2024 | 14 | May 1, 2024 | 9 | May 14, 2024 | 23 |
| -2.45% | Oct 6, 2025 | 4 | Oct 10, 2025 | 10 | Oct 24, 2025 | 14 |
| -2.30% | Dec 11, 2025 | 25 | Jan 20, 2026 | 9 | Feb 2, 2026 | 34 |
| -2.10% | Oct 14, 2024 | 15 | Nov 4, 2024 | 2 | Nov 6, 2024 | 17 |
| -2.03% | Nov 11, 2024 | 4 | Nov 15, 2024 | 10 | Dec 2, 2024 | 14 |
| -1.84% | Jul 25, 2025 | 5 | Aug 1, 2025 | 5 | Aug 8, 2025 | 10 |
| -1.71% | May 14, 2026 | 3 | May 19, 2026 | 4 | May 26, 2026 | 7 |
| -1.40% | Aug 14, 2025 | 5 | Aug 21, 2025 | 3 | Aug 26, 2025 | 8 |
| -1.39% | Aug 28, 2025 | 2 | Sep 2, 2025 | 5 | Sep 9, 2025 | 7 |
| -1.35% | Sep 22, 2025 | 3 | Sep 25, 2025 | 7 | Oct 6, 2025 | 10 |
| -1.34% | May 15, 2024 | 10 | May 30, 2024 | 4 | Jun 5, 2024 | 14 |
| -0.96% | Jul 3, 2025 | 2 | Jul 8, 2025 | 11 | Jul 23, 2025 | 13 |
| -0.82% | Sep 30, 2024 | 3 | Oct 3, 2024 | 1 | Oct 4, 2024 | 4 |
| -0.75% | Apr 17, 2026 | 2 | Apr 21, 2026 | 1 | Apr 22, 2026 | 3 |
| -0.73% | Oct 4, 2024 | 1 | Oct 7, 2024 | 1 | Oct 8, 2024 | 2 |
| -0.65% | Jul 10, 2024 | 1 | Jul 11, 2024 | 2 | Jul 15, 2024 | 3 |
| -0.64% | Jun 18, 2024 | 3 | Jun 24, 2024 | 5 | Jul 1, 2024 | 8 |
| -0.58% | Apr 22, 2026 | 1 | Apr 23, 2026 | 1 | Apr 24, 2026 | 2 |
| -0.47% | Apr 27, 2026 | 2 | Apr 29, 2026 | 1 | Apr 30, 2026 | 3 |