DLN vs. FHEQ ETF Comparison

Comparison of WisdomTree LargeCap Dividend Fund (DLN) to Fidelity Hedged Equity ETF (FHEQ)

DLN

WisdomTree LargeCap Dividend Fund

DLN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of the large-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.73

Average Daily Volume

106,810

Number of Holdings ^*

303

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.98

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	DLN	FHEQ
30 Days	2.40%	2.51%
60 Days	4.32%	3.80%
90 Days	6.32%	4.54%
12 Months	31.22%

95 Overlapping Holdings

Symbol	Grade	Weight in DLN	Weight in FHEQ	Overlap
AAPL	C	3.54%	7.31%	3.54%
ABBV	D	2.23%	1.0%	1.0%
ADP	B	0.39%	0.16%	0.16%
ALL	A	0.17%	0.07%	0.07%
AMAT	F	0.14%	0.7%	0.14%
AME	A	0.05%	0.22%	0.05%
AMGN	D	0.6%	0.24%	0.24%
AMT	D	0.34%	0.24%	0.24%
AVGO	D	2.65%	1.49%	1.49%
AXP	A	0.37%	0.43%	0.37%
BAC	A	1.45%	1.17%	1.17%
BAH	F	0.03%	0.09%	0.03%
BDX	F	0.13%	0.59%	0.13%
BK	A	0.27%	0.36%	0.27%
BLK	C	0.51%	0.23%	0.23%
BMY	B	0.64%	0.68%	0.64%
C	A	0.74%	0.54%	0.54%
CAH	B	0.07%	0.4%	0.07%
CAT	B	0.51%	0.48%	0.48%
CI	F	0.23%	0.63%	0.23%
CINF	A	0.08%	0.12%	0.08%
CL	D	0.35%	0.58%	0.35%
CLX	B	0.09%	0.2%	0.09%
CMCSA	B	0.99%	0.83%	0.83%
CME	A	0.22%	0.37%	0.22%
COST	B	0.47%	0.45%	0.45%
CRM	B	0.28%	1.09%	0.28%
CSCO	B	1.46%	0.79%	0.79%
CSX	B	0.12%	0.43%	0.12%
CTAS	B	0.16%	0.66%	0.16%
CVS	D	0.29%	0.22%	0.22%
CVX	A	1.79%	0.02%	0.02%
DIS	B	0.22%	0.57%	0.22%
ECL	D	0.14%	0.62%	0.14%
EOG	A	0.49%	0.43%	0.43%
GE	D	0.17%	0.45%	0.17%
GEHC	F	0.03%	0.17%	0.03%
GILD	C	0.52%	0.73%	0.52%
GOOG	C	0.64%	1.74%	0.64%
GOOGL	C	0.99%	2.02%	0.99%
HD	A	2.08%	1.32%	1.32%
HLT	A	0.06%	0.18%	0.06%
HWM	A	0.04%	0.27%	0.04%
JNJ	D	2.16%	0.61%	0.61%
JPM	A	3.69%	1.82%	1.82%
KLAC	D	0.1%	0.54%	0.1%
KR	B	0.19%	0.11%	0.11%
L	A	0.02%	0.07%	0.02%
LHX	C	0.13%	0.23%	0.13%
LLY	F	0.67%	0.76%	0.67%
LMT	D	0.49%	0.69%	0.49%
LPLA	A	0.02%	0.03%	0.02%
LRCX	F	0.12%	0.23%	0.12%
MA	C	0.53%	1.34%	0.53%
MDLZ	F	0.42%	0.07%	0.07%
META	D	0.99%	2.87%	0.99%
MMC	B	0.29%	0.52%	0.29%
MRK	F	0.89%	0.69%	0.69%
MS	A	1.21%	0.16%	0.16%
MSCI	C	0.06%	0.49%	0.06%
MSFT	F	3.17%	5.64%	3.17%
MSI	B	0.18%	0.26%	0.18%
MU	D	0.09%	0.47%	0.09%
NOC	D	0.15%	0.56%	0.15%
NSC	B	0.18%	0.26%	0.18%
NUE	C	0.06%	0.32%	0.06%
NVDA	C	2.61%	7.27%	2.61%
ORCL	B	0.83%	0.04%	0.04%
PCAR	B	0.33%	0.42%	0.33%
PG	A	1.91%	0.87%	0.87%
PGR	A	0.13%	0.63%	0.13%
PM	B	1.39%	0.92%	0.92%
PPG	F	0.1%	0.34%	0.1%
PSA	D	0.33%	0.19%	0.19%
QCOM	F	0.48%	0.84%	0.48%
ROST	C	0.06%	0.1%	0.06%
RSG	A	0.11%	0.2%	0.11%
RTX	C	0.62%	0.44%	0.44%
SCHW	B	0.27%	0.56%	0.27%
SPG	B	0.46%	0.16%	0.16%
SPGI	C	0.17%	0.28%	0.17%
TJX	A	0.39%	0.73%	0.39%
TMO	F	0.17%	0.26%	0.17%
TMUS	B	0.86%	0.29%	0.29%
TROW	B	0.16%	0.23%	0.16%
TRV	B	0.17%	0.49%	0.17%
TXT	D	0.02%	0.51%	0.02%
UNH	C	1.42%	0.57%	0.57%
UNP	C	0.42%	0.73%	0.42%
V	A	0.78%	0.47%	0.47%
WFC	A	1.07%	0.15%	0.15%
WM	A	0.28%	0.38%	0.28%
WMT	A	1.84%	0.8%	0.8%
XEL	A	0.26%	0.21%	0.21%
XOM	B	2.84%	1.54%	1.54%

DLN Overweight 208 Positions Relative to FHEQ

Symbol	Grade	Weight
KO	D	1.6%
IBM	C	1.37%
PEP	F	1.28%
MCD	D	0.95%
GS	A	0.8%
MO	A	0.8%
TXN	C	0.74%
LOW	D	0.66%
HON	B	0.6%
UPS	C	0.51%
ABT	B	0.49%
USB	A	0.48%
PNC	B	0.47%
SO	D	0.47%
DUK	C	0.47%
BX	A	0.46%
OKE	A	0.44%
WMB	A	0.43%
PLD	D	0.4%
D	C	0.37%
SBUX	A	0.36%
ITW	B	0.36%
COP	C	0.36%
BKNG	A	0.34%
PEG	A	0.31%
KMB	D	0.31%
PRU	A	0.3%
CCI	D	0.3%
AFL	B	0.3%
AEP	D	0.29%
TGT	F	0.28%
O	D	0.28%
SYK	C	0.28%
VICI	C	0.28%
PAYX	C	0.28%
ETR	B	0.27%
MET	A	0.26%
SRE	A	0.25%
WELL	A	0.25%
MPC	D	0.25%
ADI	D	0.24%
ICE	C	0.24%
FIS	C	0.23%
KHC	F	0.23%
APO	B	0.23%
PSX	C	0.23%
DLR	B	0.23%
PH	A	0.23%
EQIX	A	0.22%
EMR	A	0.22%
DOW	F	0.22%
DE	A	0.22%
KVUE	A	0.22%
APD	A	0.22%
ED	D	0.22%
GD	F	0.21%
AVB	B	0.21%
VLO	C	0.2%
EXR	D	0.2%
SYY	B	0.2%
FAST	B	0.2%
INTU	C	0.19%
GLW	B	0.19%
CMI	A	0.19%
EIX	B	0.18%
FITB	A	0.18%
FDX	B	0.18%
MTB	A	0.18%
EXC	C	0.18%
COF	B	0.18%
NKE	D	0.17%
AMP	A	0.17%
RF	A	0.17%
HBAN	A	0.17%
GIS	D	0.17%
MAR	B	0.16%
HIG	B	0.16%
HPQ	B	0.16%
AEE	A	0.15%
SHW	A	0.15%
STT	A	0.15%
K	A	0.15%
AIG	B	0.15%
EQR	B	0.15%
DFS	B	0.15%
KDP	D	0.15%
APH	A	0.15%
IRM	D	0.15%
DHR	F	0.15%
WEC	A	0.14%
KKR	A	0.14%
ELV	F	0.14%
DRI	B	0.13%
FE	C	0.13%
YUM	B	0.13%
ZTS	D	0.13%
BKR	B	0.13%
PPL	B	0.12%
VTR	C	0.12%
BBY	D	0.12%
ES	D	0.12%
STZ	D	0.12%
MCO	B	0.12%
ARES	A	0.11%
HCA	F	0.11%
GM	B	0.11%
DTE	C	0.11%
ATO	A	0.11%
TRGP	B	0.11%
OTIS	C	0.11%
LNG	B	0.1%
ARE	D	0.1%
PFG	D	0.1%
NTRS	A	0.1%
GWW	B	0.1%
CARR	D	0.1%
DTD	A	0.09%
LVS	C	0.09%
ADM	D	0.09%
FANG	D	0.09%
TSN	B	0.09%
EBAY	D	0.09%
URI	B	0.09%
DD	D	0.09%
HRL	D	0.08%
TSCO	D	0.08%
HSY	F	0.08%
OMC	C	0.08%
INVH	D	0.08%
CTSH	B	0.08%
HPE	B	0.08%
BR	A	0.08%
CMS	C	0.08%
NTAP	C	0.08%
WRB	A	0.08%
MCHP	D	0.08%
CEG	D	0.08%
COR	B	0.08%
DELL	C	0.07%
AWK	D	0.07%
NDAQ	A	0.07%
ROK	B	0.07%
AJG	B	0.07%
WY	D	0.07%
OXY	D	0.07%
HES	B	0.07%
MCK	B	0.07%
VMC	B	0.06%
LEN	D	0.06%
MKC	D	0.06%
DHI	D	0.06%
HAL	C	0.06%
RJF	A	0.06%
GPC	D	0.06%
CNP	B	0.06%
VRSK	A	0.05%
CBOE	B	0.05%
DGX	A	0.05%
DOV	A	0.05%
RS	B	0.05%
EA	A	0.05%
ROP	B	0.05%
DAL	C	0.05%
SUI	D	0.05%
A	D	0.04%
CDW	F	0.04%
MLM	B	0.04%
SBAC	D	0.04%
MRO	B	0.04%
ROL	B	0.04%
BRO	B	0.04%
STLD	B	0.04%
IR	B	0.04%
VRT	B	0.04%
PWR	A	0.04%
RMD	C	0.04%
XYL	D	0.04%
PCG	A	0.04%
HUBB	B	0.04%
PHM	D	0.04%
SWKS	F	0.04%
ODFL	B	0.04%
MPWR	F	0.03%
FTV	C	0.03%
FCNCA	A	0.03%
EFX	F	0.03%
WLK	D	0.03%
HUM	C	0.03%
AVY	D	0.03%
ERIE	D	0.03%
EXPD	D	0.03%
LH	C	0.03%
BALL	D	0.03%
GPN	B	0.03%
CHD	B	0.03%
WAB	B	0.03%
SIRI	C	0.03%
HEI	B	0.02%
J	F	0.02%
FDS	B	0.02%
VLTO	D	0.02%
JBHT	C	0.02%
WST	C	0.02%
ZBH	C	0.02%
LEN	D	0.01%
WMG	C	0.01%
TW	A	0.01%
HEI	B	0.01%

DLN Underweight 73 Positions Relative to FHEQ

Symbol	Grade	Weight
AMZN	C	-3.64%
BRK.A	B	-2.19%
TSLA	B	-1.26%
NFLX	A	-1.26%
ADBE	C	-0.93%
NEE	D	-0.73%
TT	A	-0.69%
T	A	-0.67%
SQ	B	-0.59%
PFE	D	-0.56%
SEIC	B	-0.54%
PYPL	B	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
DBX	B	-0.51%
CMG	B	-0.49%
ZBRA	B	-0.47%
IGT	F	-0.45%
ALLE	D	-0.44%
EXEL	B	-0.43%
ALRM	C	-0.4%
TDC	D	-0.35%
NOW	A	-0.34%
ANF	C	-0.33%
LDOS	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
INCY	C	-0.27%
IDXX	F	-0.26%
FTNT	C	-0.24%
MGM	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
GL	B	-0.2%
GAP	C	-0.18%
DOCU	A	-0.18%
VZ	C	-0.18%
LNW	D	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
VEEV	C	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
PLTK	B	-0.1%
MKL	A	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
BCC	B	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
QGEN	D	-0.04%
SCCO	F	-0.04%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%