FHEQ vs. DGRW ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to WisdomTree U.S. Dividend Growth Fund (DGRW)

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

$27.79

Average Daily Volume

24,615

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

DGRW

WisdomTree U.S. Dividend Growth Fund

DGRW Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend Growth Index. Under normal circumstances, at least 80% 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 consists of dividend-paying U.S. common stocks with growth characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$83.92

Average Daily Volume

511,431

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	DGRW
30 Days	1.30%	-0.11%
60 Days	3.66%	1.81%
90 Days	4.24%	3.14%
12 Months		26.99%

59 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in DGRW	Overlap
AAPL	C	7.05%	4.98%	4.98%
ABBV	F	1.0%	3.12%	1.0%
ADP	A	0.16%	0.84%	0.16%
AMAT	F	0.75%	0.33%	0.33%
AMGN	F	0.26%	1.36%	0.26%
AVGO	D	1.73%	3.92%	1.73%
AXP	A	0.42%	0.79%	0.42%
BAH	F	0.12%	0.09%	0.09%
BCC	B	0.07%	0.01%	0.01%
CI	D	0.65%	0.51%	0.51%
CL	D	0.55%	0.48%	0.48%
COST	A	0.45%	0.68%	0.45%
CSCO	B	0.8%	2.12%	0.8%
CSX	C	0.58%	0.26%	0.26%
CTAS	B	0.67%	0.23%	0.23%
ECL	D	0.61%	0.21%	0.21%
EOG	A	0.27%	0.9%	0.27%
GE	D	0.45%	0.24%	0.24%
GEN	B	0.13%	0.11%	0.11%
GILD	C	0.77%	1.15%	0.77%
GOOG	C	1.98%	1.34%	1.34%
GOOGL	C	2.05%	1.4%	1.4%
HD	B	1.27%	2.95%	1.27%
HLT	A	0.18%	0.09%	0.09%
HWM	A	0.27%	0.06%	0.06%
JNJ	C	0.59%	3.03%	0.59%
KLAC	F	0.57%	0.23%	0.23%
LLY	F	0.84%	1.53%	0.84%
LMT	D	0.73%	1.07%	0.73%
LPLA	A	0.03%	0.03%	0.03%
LRCX	F	0.24%	0.27%	0.24%
MA	B	1.33%	0.74%	0.74%
META	D	2.96%	1.39%	1.39%
MMC	B	0.52%	0.42%	0.42%
MS	A	0.16%	2.48%	0.16%
MSCI	C	0.49%	0.14%	0.14%
MSFT	D	5.62%	6.85%	5.62%
MSI	B	0.24%	0.26%	0.24%
NOC	D	0.59%	0.34%	0.34%
NSC	B	0.26%	0.39%	0.26%
NVDA	B	7.54%	3.61%	3.61%
ORCL	A	0.04%	1.82%	0.04%
PG	C	0.82%	2.65%	0.82%
PGR	A	0.64%	0.18%	0.18%
PPG	F	0.32%	0.14%	0.14%
QCOM	F	0.82%	1.01%	0.82%
ROST	D	0.1%	0.13%	0.1%
RSG	A	0.04%	0.22%	0.04%
SCHW	B	0.53%	0.56%	0.53%
SEIC	B	0.54%	0.03%	0.03%
SPGI	C	0.41%	0.37%	0.37%
TJX	A	0.72%	0.56%	0.56%
TMUS	B	0.07%	1.25%	0.07%
TRV	B	0.52%	0.35%	0.35%
UHS	D	0.08%	0.02%	0.02%
UNH	B	0.58%	2.05%	0.58%
UNP	C	0.73%	0.91%	0.73%
V	A	0.46%	1.1%	0.46%
WM	B	0.38%	0.4%	0.38%

FHEQ Overweight 110 Positions Relative to DGRW

Symbol	Grade	Weight
AMZN	C	3.61%
BRK.A	B	2.12%
JPM	A	1.75%
XOM	B	1.51%
CRM	B	1.23%
NFLX	A	1.21%
TSLA	B	1.15%
BAC	A	1.13%
ADBE	C	0.96%
PM	B	0.85%
CMCSA	B	0.83%
WMT	A	0.79%
BMY	B	0.77%
NEE	C	0.69%
TT	A	0.68%
MRK	D	0.66%
T	A	0.63%
SQ	A	0.6%
BDX	F	0.59%
PFE	F	0.58%
ZM	C	0.57%
CMG	B	0.55%
PYPL	B	0.54%
C	A	0.53%
DBX	B	0.53%
MU	D	0.53%
DVN	F	0.51%
CVNA	B	0.51%
EXEL	B	0.5%
TXT	D	0.49%
IGT	F	0.49%
CAT	B	0.48%
ZBRA	B	0.48%
RTX	D	0.45%
PCAR	B	0.43%
DIS	B	0.42%
CAH	B	0.42%
ALLE	C	0.4%
LDOS	C	0.39%
CACI	D	0.37%
CME	B	0.36%
BK	A	0.35%
MEDP	D	0.35%
TDC	D	0.34%
NOW	A	0.34%
NUE	C	0.33%
ANF	F	0.33%
WTW	B	0.31%
GRMN	B	0.31%
SKYW	C	0.3%
TMO	F	0.28%
INCY	C	0.28%
ALRM	C	0.26%
MMM	D	0.22%
BIIB	F	0.22%
TROW	B	0.22%
CVS	D	0.21%
LHX	C	0.21%
AMT	C	0.21%
GL	C	0.2%
VZ	C	0.2%
DOCU	B	0.2%
XEL	A	0.2%
CLX	A	0.19%
GAP	C	0.18%
IDXX	F	0.18%
PSA	C	0.18%
LNW	F	0.18%
PEGA	B	0.17%
GEHC	D	0.17%
FTI	A	0.17%
WDAY	B	0.16%
TPH	D	0.15%
MGM	D	0.15%
ETN	A	0.15%
SPG	A	0.15%
UBER	F	0.14%
F	C	0.14%
FTNT	C	0.14%
SOLV	D	0.13%
VEEV	C	0.13%
DASH	B	0.12%
CINF	A	0.12%
QRVO	F	0.11%
NBIX	C	0.11%
KR	B	0.11%
AME	A	0.1%
VST	A	0.1%
PLTK	B	0.1%
ANET	C	0.08%
DOC	C	0.08%
ALL	A	0.07%
LYFT	C	0.07%
L	A	0.07%
MDLZ	F	0.07%
BBWI	C	0.07%
UTHR	C	0.06%
CRUS	D	0.06%
CNC	D	0.06%
IFF	D	0.05%
CCL	A	0.05%
STLD	B	0.05%
SCCO	F	0.04%
ED	C	0.04%
CVX	A	0.02%
MHO	D	0.02%
TWLO	A	0.02%
UNM	A	0.01%
NWL	C	0.01%
OGE	A	0.01%

FHEQ Underweight 237 Positions Relative to DGRW

Symbol	Grade	Weight
KO	D	-2.3%
PEP	F	-1.86%
GS	A	-1.69%
TXN	C	-1.6%
MCD	D	-1.36%
UPS	C	-1.05%
ABT	B	-1.02%
HON	C	-0.86%
SBUX	A	-0.77%
COP	C	-0.77%
TGT	F	-0.6%
ADI	D	-0.53%
ITW	B	-0.51%
GD	D	-0.48%
APD	A	-0.46%
KMB	C	-0.43%
PAYX	B	-0.41%
SYK	B	-0.4%
COF	C	-0.39%
FDX	B	-0.37%
INTU	B	-0.35%
NKE	F	-0.35%
HPQ	B	-0.35%
AIG	B	-0.32%
DFS	B	-0.32%
PH	A	-0.32%
KKR	A	-0.3%
ELV	F	-0.3%
SYY	D	-0.29%
FAST	B	-0.28%
BKR	A	-0.28%
TRGP	A	-0.24%
HIG	B	-0.23%
AMP	A	-0.23%
MAR	A	-0.23%
HCA	F	-0.23%
CARR	C	-0.23%
APH	A	-0.22%
SYF	B	-0.21%
SHW	B	-0.21%
BBY	D	-0.21%
PFG	D	-0.21%
LVS	B	-0.2%
URI	C	-0.2%
EBAY	D	-0.2%
FANG	C	-0.2%
DD	C	-0.2%
YUM	D	-0.19%
ZTS	D	-0.19%
MCO	B	-0.18%
HSY	F	-0.18%
TSCO	D	-0.17%
OTIS	C	-0.17%
STZ	D	-0.17%
FNF	B	-0.17%
DRI	B	-0.17%
HES	B	-0.16%
OXY	D	-0.16%
NRG	B	-0.16%
AJG	A	-0.15%
ROK	C	-0.15%
WY	F	-0.15%
GWW	B	-0.14%
EQT	B	-0.13%
JEF	A	-0.13%
HAL	C	-0.13%
TPR	B	-0.13%
BR	A	-0.12%
WSO	A	-0.12%
EQH	C	-0.12%
EMN	C	-0.12%
NTAP	C	-0.12%
LEN	D	-0.12%
DHI	F	-0.12%
GPC	D	-0.12%
WRB	A	-0.11%
DOV	A	-0.11%
MCK	A	-0.11%
BEN	C	-0.11%
ALLY	C	-0.11%
OVV	B	-0.1%
CHRW	B	-0.1%
HUBB	B	-0.1%
ROL	B	-0.09%
DKS	D	-0.09%
RMD	C	-0.09%
SWKS	F	-0.09%
ERIE	D	-0.08%
RPM	A	-0.08%
VMC	B	-0.08%
CDW	F	-0.08%
MRO	B	-0.08%
MAS	D	-0.08%
SBAC	D	-0.08%
SSNC	B	-0.08%
BALL	F	-0.07%
AVY	F	-0.07%
CSL	C	-0.07%
LKQ	F	-0.07%
TXRH	B	-0.07%
TPL	A	-0.07%
WAL	B	-0.07%
A	D	-0.07%
HUM	C	-0.07%
WSM	C	-0.07%
SF	B	-0.07%
OMF	A	-0.07%
CIVI	D	-0.06%
VRT	B	-0.06%
EVR	B	-0.06%
ODFL	C	-0.06%
PHM	D	-0.06%
LII	A	-0.06%
FAF	A	-0.06%
NXST	C	-0.06%
MLM	C	-0.06%
LH	B	-0.06%
VRSK	A	-0.06%
WLK	D	-0.06%
RHI	C	-0.05%
NFG	A	-0.05%
HLI	A	-0.05%
VOYA	B	-0.05%
EXPD	C	-0.05%
MPWR	F	-0.05%
REYN	D	-0.05%
RL	C	-0.05%
PWR	A	-0.05%
EFX	F	-0.05%
AOS	F	-0.04%
MSM	C	-0.04%
FDS	B	-0.04%
ALSN	B	-0.04%
GGG	B	-0.04%
RLI	A	-0.04%
WH	B	-0.04%
WEN	D	-0.04%
POOL	C	-0.04%
LECO	C	-0.04%
FLS	B	-0.04%
JBHT	C	-0.04%
DPZ	C	-0.04%
NDSN	B	-0.04%
CE	F	-0.04%
HII	F	-0.04%
HEI	A	-0.03%
CW	C	-0.03%
SEE	C	-0.03%
PR	B	-0.03%
GNTX	C	-0.03%
LW	C	-0.03%
PAYC	B	-0.03%
LSTR	D	-0.03%
ARMK	B	-0.03%
LEA	F	-0.03%
MAN	F	-0.03%
MGY	A	-0.03%
BWA	D	-0.03%
CBT	D	-0.03%
MUR	D	-0.03%
BERY	C	-0.03%
AVT	C	-0.03%
THO	B	-0.03%
ITT	A	-0.03%
FBIN	D	-0.03%
BWXT	B	-0.03%
JKHY	D	-0.03%
WST	C	-0.03%
PRI	B	-0.03%
MKTX	D	-0.03%
TTC	C	-0.03%
DCI	B	-0.03%
SNDR	B	-0.02%
TECH	F	-0.02%
COLM	C	-0.02%
CHDN	B	-0.02%
WMS	F	-0.02%
OLED	F	-0.02%
AAON	B	-0.02%
WWD	C	-0.02%
IPAR	B	-0.02%
AWI	A	-0.02%
HEI	A	-0.02%
MMS	F	-0.02%
OLN	F	-0.02%
AEO	F	-0.02%
TKO	A	-0.02%
UFPI	C	-0.02%
TTEK	F	-0.02%
SIGI	C	-0.02%
RRC	B	-0.02%
ASH	F	-0.02%
BSY	F	-0.02%
AIT	B	-0.02%
CHX	C	-0.02%
WCC	B	-0.02%
SM	B	-0.02%
EXP	B	-0.02%
HLNE	B	-0.02%
BYD	B	-0.02%
MORN	B	-0.02%
TER	F	-0.02%
LPX	B	-0.02%
CASY	A	-0.02%
JBL	C	-0.02%
RGLD	C	-0.02%
FIX	A	-0.02%
EHC	B	-0.02%
MTDR	B	-0.02%
ASO	F	-0.01%
HXL	F	-0.01%
CNXC	F	-0.01%
VNT	C	-0.01%
MOG.A	B	-0.01%
FUL	F	-0.01%
POWI	F	-0.01%
BMI	B	-0.01%
COKE	C	-0.01%
LFUS	D	-0.01%
IBP	D	-0.01%
LEN	D	-0.01%
PFSI	C	-0.01%
BRKR	D	-0.01%
AMKR	D	-0.01%
AMG	B	-0.01%
KNSL	B	-0.01%
H	B	-0.01%
CHE	D	-0.01%
DLB	B	-0.01%
EXPO	D	-0.01%
NSP	F	-0.01%
ORA	B	-0.01%
ZWS	B	-0.01%
NEU	D	-0.01%
NFE	D	-0.0%
PVH	C	-0.0%
FSS	B	-0.0%