FHEQ vs. KOKU ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to Xtrackers MSCI Kokusai Equity ETF (KOKU)

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

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

KOKU

Xtrackers MSCI Kokusai Equity ETF

KOKU Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Kokusai Index. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of issuers from developed markets (excluding Japan). The index is designed to track the performance of equity markets in developed markets (excluding Japan). It is non-diversified.

Grade (RS Rating)

Last Trade

$102.79

Average Daily Volume

367

Number of Holdings ^*

615

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	KOKU
30 Days	2.51%	2.13%
60 Days	3.80%	2.96%
90 Days	4.54%	3.69%
12 Months		26.36%

142 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in KOKU	Overlap
AAPL	C	7.31%	4.94%	4.94%
ABBV	D	1.0%	0.13%	0.13%
ABBV	D	1.0%	0.44%	0.44%
ADBE	C	0.93%	0.34%	0.34%
ADP	B	0.16%	0.19%	0.16%
ALL	A	0.07%	0.08%	0.07%
ALLE	D	0.44%	0.02%	0.02%
AMAT	F	0.7%	0.21%	0.21%
AME	A	0.22%	0.07%	0.07%
AMGN	D	0.24%	0.23%	0.23%
AMT	D	0.24%	0.14%	0.14%
AMZN	C	3.64%	2.86%	2.86%
ANET	C	0.08%	0.15%	0.08%
AVGO	D	1.49%	1.1%	1.1%
AXP	A	0.43%	0.25%	0.25%
BAC	A	1.17%	0.5%	0.5%
BAH	F	0.09%	0.03%	0.03%
BBWI	D	0.11%	0.01%	0.01%
BDX	F	0.59%	0.1%	0.1%
BIIB	F	0.21%	0.03%	0.03%
BK	A	0.36%	0.09%	0.09%
BLK	C	0.23%	0.23%	0.23%
BMY	B	0.68%	0.18%	0.18%
BRK.A	B	2.19%	0.94%	0.94%
C	A	0.54%	0.2%	0.2%
CAH	B	0.4%	0.04%	0.04%
CAT	B	0.48%	0.28%	0.28%
CI	F	0.63%	0.13%	0.13%
CINF	A	0.12%	0.03%	0.03%
CL	D	0.58%	0.11%	0.11%
CLX	B	0.2%	0.03%	0.03%
CMCSA	B	0.83%	0.26%	0.26%
CME	A	0.37%	0.12%	0.12%
CMG	B	0.49%	0.13%	0.13%
COST	B	0.45%	0.6%	0.45%
CRM	B	1.09%	0.47%	0.47%
CSCO	B	0.79%	0.35%	0.35%
CSX	B	0.43%	0.1%	0.1%
CTAS	B	0.66%	0.12%	0.12%
CVS	D	0.22%	0.1%	0.1%
CVX	A	0.02%	0.42%	0.02%
DASH	A	0.12%	0.08%	0.08%
DIS	B	0.57%	0.31%	0.31%
DOC	D	0.08%	0.02%	0.02%
DOCU	A	0.18%	0.02%	0.02%
DVN	F	0.53%	0.04%	0.04%
ECL	D	0.62%	0.09%	0.09%
EOG	A	0.43%	0.12%	0.12%
ETN	A	0.15%	0.21%	0.15%
F	C	0.15%	0.06%	0.06%
FTNT	C	0.24%	0.09%	0.09%
GE	D	0.45%	0.29%	0.29%
GEHC	F	0.17%	0.05%	0.05%
GEN	B	0.13%	0.02%	0.02%
GILD	C	0.73%	0.16%	0.16%
GOOG	C	1.74%	1.33%	1.33%
GOOGL	C	2.02%	1.52%	1.52%
GRMN	B	0.31%	0.05%	0.05%
HD	A	1.32%	0.61%	0.61%
HLT	A	0.18%	0.1%	0.1%
HWM	A	0.27%	0.07%	0.07%
IDXX	F	0.26%	0.05%	0.05%
INCY	C	0.27%	0.02%	0.02%
JNJ	D	0.61%	0.56%	0.56%
JPM	A	1.82%	1.06%	1.06%
KLAC	D	0.54%	0.13%	0.13%
KR	B	0.11%	0.06%	0.06%
L	A	0.07%	0.02%	0.02%
LDOS	C	0.32%	0.03%	0.03%
LHX	C	0.23%	0.07%	0.07%
LLY	F	0.76%	0.91%	0.76%
LMT	D	0.69%	0.17%	0.17%
LPLA	A	0.03%	0.04%	0.03%
LRCX	F	0.23%	0.14%	0.14%
MA	C	1.34%	0.65%	0.65%
MDLZ	F	0.07%	0.13%	0.07%
META	D	2.87%	1.82%	1.82%
MGM	D	0.22%	0.02%	0.02%
MKL	A	0.09%	0.03%	0.03%
MMC	B	0.52%	0.16%	0.16%
MMM	D	0.22%	0.11%	0.11%
MRK	F	0.69%	0.37%	0.37%
MS	A	0.16%	0.25%	0.16%
MSCI	C	0.49%	0.07%	0.07%
MSFT	F	5.64%	4.41%	4.41%
MSI	B	0.26%	0.12%	0.12%
MU	D	0.47%	0.16%	0.16%
NBIX	C	0.11%	0.02%	0.02%
NEE	D	0.73%	0.23%	0.23%
NFLX	A	1.26%	0.54%	0.54%
NOC	D	0.56%	0.11%	0.11%
NOW	A	0.34%	0.31%	0.31%
NSC	B	0.26%	0.09%	0.09%
NUE	C	0.32%	0.06%	0.06%
NVDA	C	7.27%	5.27%	5.27%
ORCL	B	0.04%	0.46%	0.04%
PCAR	B	0.42%	0.09%	0.09%
PFE	D	0.56%	0.21%	0.21%
PG	A	0.87%	0.6%	0.6%
PGR	A	0.63%	0.22%	0.22%
PM	B	0.92%	0.3%	0.3%
PPG	F	0.34%	0.04%	0.04%
PSA	D	0.19%	0.08%	0.08%
PYPL	B	0.54%	0.13%	0.13%
QCOM	F	0.84%	0.27%	0.27%
QGEN	D	0.04%	0.01%	0.01%
QRVO	F	0.11%	0.01%	0.01%
ROST	C	0.1%	0.07%	0.07%
RSG	A	0.2%	0.07%	0.07%
RTX	C	0.44%	0.24%	0.24%
SCHW	B	0.56%	0.19%	0.19%
SEIC	B	0.54%	0.01%	0.01%
SOLV	C	0.12%	0.01%	0.01%
SPG	B	0.16%	0.09%	0.09%
SPGI	C	0.28%	0.24%	0.24%
SQ	B	0.59%	0.07%	0.07%
T	A	0.67%	0.24%	0.24%
TJX	A	0.73%	0.21%	0.21%
TMO	F	0.26%	0.29%	0.26%
TMUS	B	0.29%	0.19%	0.19%
TROW	B	0.23%	0.04%	0.04%
TRV	B	0.49%	0.09%	0.09%
TSLA	B	1.26%	1.39%	1.26%
TT	A	0.69%	0.14%	0.14%
TWLO	A	0.02%	0.02%	0.02%
TXT	D	0.51%	0.03%	0.03%
UBER	D	0.14%	0.2%	0.14%
UNH	C	0.57%	0.82%	0.57%
UNP	C	0.73%	0.22%	0.22%
UTHR	C	0.05%	0.02%	0.02%
V	A	0.47%	0.73%	0.47%
VEEV	C	0.12%	0.05%	0.05%
VST	B	0.11%	0.08%	0.08%
VZ	C	0.18%	0.26%	0.18%
WDAY	B	0.16%	0.08%	0.08%
WFC	A	0.15%	0.39%	0.15%
WM	A	0.38%	0.13%	0.13%
WMT	A	0.8%	0.56%	0.56%
XEL	A	0.21%	0.06%	0.06%
XOM	B	1.54%	0.8%	0.8%
ZBRA	B	0.47%	0.03%	0.03%
ZM	B	0.52%	0.03%	0.03%

FHEQ Overweight 27 Positions Relative to KOKU

Symbol	Grade	Weight
CVNA	B	0.52%
DBX	B	0.51%
IGT	F	0.45%
EXEL	B	0.43%
ALRM	C	0.4%
TDC	D	0.35%
ANF	C	0.33%
MEDP	D	0.31%
CACI	D	0.3%
SKYW	B	0.29%
GL	B	0.2%
GAP	C	0.18%
LNW	D	0.17%
FTI	A	0.17%
PEGA	A	0.16%
TPH	D	0.15%
PLTK	B	0.1%
BCC	B	0.07%
TENB	C	0.06%
CRUS	D	0.06%
LYFT	C	0.06%
BLD	D	0.05%
SCCO	F	0.04%
MHO	D	0.02%
UNM	A	0.01%
NWL	B	0.01%
OGE	B	0.01%

FHEQ Underweight 473 Positions Relative to KOKU

Symbol	Grade	Weight
KO	D	-0.38%
AMD	F	-0.33%
PEP	F	-0.33%
LIN	D	-0.33%
ACN	C	-0.33%
MCD	D	-0.32%
ABT	B	-0.3%
NVS	D	-0.3%
IBM	C	-0.29%
INTU	C	-0.29%
GS	A	-0.29%
ISRG	A	-0.28%
TXN	C	-0.27%
HSBH	B	-0.25%
BKNG	A	-0.25%
DHR	F	-0.24%
HON	B	-0.23%
LOW	D	-0.23%
UL	D	-0.22%
COP	C	-0.2%
PLTR	B	-0.2%
SYK	C	-0.2%
FI	A	-0.19%
PANW	C	-0.19%
BSX	B	-0.19%
BX	A	-0.19%
SHOP	B	-0.19%
MDT	D	-0.18%
VRTX	F	-0.18%
SBUX	A	-0.17%
CB	C	-0.17%
DE	A	-0.16%
PLD	D	-0.16%
TD	F	-0.15%
MO	A	-0.15%
BA	F	-0.15%
ADI	D	-0.15%
INTC	D	-0.15%
PH	A	-0.14%
SHW	A	-0.14%
ELV	F	-0.14%
NKE	D	-0.14%
SO	D	-0.14%
UPS	C	-0.14%
KKR	A	-0.14%
EQIX	A	-0.13%
REGN	F	-0.13%
PNC	B	-0.13%
WELL	A	-0.13%
APH	A	-0.13%
MELI	D	-0.13%
DUK	C	-0.13%
ICE	C	-0.13%
GEV	B	-0.13%
USB	A	-0.12%
CDNS	B	-0.12%
MCO	B	-0.12%
SNPS	B	-0.12%
ZTS	D	-0.12%
MCK	B	-0.12%
ITW	B	-0.12%
APD	A	-0.11%
TDG	D	-0.11%
TGT	F	-0.11%
MAR	B	-0.11%
WMB	A	-0.11%
CEG	D	-0.11%
EMR	A	-0.11%
MRVL	B	-0.11%
ORLY	B	-0.11%
COF	B	-0.11%
AON	A	-0.11%
CRWD	B	-0.11%
APO	B	-0.1%
ADSK	A	-0.1%
GD	F	-0.1%
DEO	F	-0.1%
GM	B	-0.1%
HCA	F	-0.1%
OKE	A	-0.1%
FDX	B	-0.1%
JCI	C	-0.09%
ABNB	C	-0.09%
SRE	A	-0.09%
RCL	A	-0.09%
ROP	B	-0.09%
COIN	C	-0.09%
MPC	D	-0.09%
URI	B	-0.09%
FICO	B	-0.09%
AMP	A	-0.09%
APP	B	-0.09%
CNI	D	-0.09%
SLB	C	-0.09%
TFC	A	-0.09%
CARR	D	-0.09%
AJG	B	-0.09%
FCX	D	-0.09%
AFL	B	-0.09%
AIG	B	-0.08%
AEP	D	-0.08%
MET	A	-0.08%
LNG	B	-0.08%
TTD	B	-0.08%
GWW	B	-0.08%
NXPI	D	-0.08%
MSTR	C	-0.08%
AZO	C	-0.08%
KMI	A	-0.08%
DLR	B	-0.08%
PSX	C	-0.08%
BKR	B	-0.07%
VLO	C	-0.07%
KMB	D	-0.07%
DFS	B	-0.07%
PEG	A	-0.07%
KVUE	A	-0.07%
FAST	B	-0.07%
WCN	A	-0.07%
NEM	D	-0.07%
LYG	F	-0.07%
FLUT	A	-0.07%
PWR	A	-0.07%
PAYX	C	-0.07%
CCI	D	-0.07%
PRU	A	-0.07%
CMI	A	-0.07%
BCS	C	-0.07%
DHI	D	-0.07%
D	C	-0.07%
FIS	C	-0.07%
O	D	-0.07%
CPRT	A	-0.07%
SYY	B	-0.06%
CHTR	C	-0.06%
YUM	B	-0.06%
A	D	-0.06%
DELL	C	-0.06%
GLW	B	-0.06%
HIG	B	-0.06%
ACGL	D	-0.06%
VMC	B	-0.06%
CTSH	B	-0.06%
EXC	C	-0.06%
HES	B	-0.06%
CBRE	B	-0.06%
MLM	B	-0.06%
CTVA	C	-0.06%
MNST	C	-0.06%
VRSK	A	-0.06%
STZ	D	-0.06%
COR	B	-0.06%
SNOW	C	-0.06%
IR	B	-0.06%
EA	A	-0.06%
LEN	D	-0.06%
PCG	A	-0.06%
EW	C	-0.06%
VRT	B	-0.06%
ODFL	B	-0.06%
AXON	A	-0.06%
TRGP	B	-0.06%
OTIS	C	-0.06%
IT	C	-0.06%
GOLD	D	-0.05%
WEC	A	-0.05%
DECK	A	-0.05%
MPWR	F	-0.05%
RJF	A	-0.05%
DOW	F	-0.05%
CNC	D	-0.05%
TTWO	A	-0.05%
WTW	B	-0.05%
FITB	A	-0.05%
EIX	B	-0.05%
ROK	B	-0.05%
NVR	D	-0.05%
EBAY	D	-0.05%
ARES	A	-0.05%
E	F	-0.05%
OXY	D	-0.05%
KDP	D	-0.05%
HPQ	B	-0.05%
EXR	D	-0.05%
NDAQ	A	-0.05%
FANG	D	-0.05%
ED	D	-0.05%
WAB	B	-0.05%
IQV	D	-0.05%
HUM	C	-0.05%
RMD	C	-0.05%
HUBS	A	-0.05%
MCHP	D	-0.05%
IRM	D	-0.05%
VICI	C	-0.05%
DD	D	-0.05%
MTB	A	-0.05%
DDOG	A	-0.05%
ETR	B	-0.05%
AVB	B	-0.05%
LULU	C	-0.05%
TEAM	A	-0.05%
GIS	D	-0.05%
SE	B	-0.05%
SW	A	-0.04%
CPAY	A	-0.04%
DTE	C	-0.04%
EQT	B	-0.04%
FE	C	-0.04%
AEE	A	-0.04%
CCL	B	-0.04%
RF	A	-0.04%
GDDY	A	-0.04%
PPL	B	-0.04%
ES	D	-0.04%
EXPE	B	-0.04%
PTC	A	-0.04%
HSY	F	-0.04%
VTR	C	-0.04%
SBAC	D	-0.04%
CHD	B	-0.04%
NTAP	C	-0.04%
HBAN	A	-0.04%
FTV	C	-0.04%
BR	A	-0.04%
KEYS	A	-0.04%
AWK	D	-0.04%
KHC	F	-0.04%
HPE	B	-0.04%
MTD	D	-0.04%
HAL	C	-0.04%
EQR	B	-0.04%
NET	B	-0.04%
TYL	B	-0.04%
PHM	D	-0.04%
TSCO	D	-0.04%
BRO	B	-0.04%
XYL	D	-0.04%
TPL	A	-0.04%
DXCM	D	-0.04%
ADM	D	-0.04%
STLA	F	-0.04%
CSGP	D	-0.04%
ON	D	-0.04%
DOV	A	-0.04%
SYF	B	-0.04%
GPN	B	-0.04%
ANSS	B	-0.04%
STT	A	-0.04%
ALNY	D	-0.04%
EFX	F	-0.04%
DGX	A	-0.03%
CHKP	D	-0.03%
EXPD	D	-0.03%
MAS	D	-0.03%
RPM	A	-0.03%
WRB	A	-0.03%
DG	F	-0.03%
VRSN	F	-0.03%
ACM	A	-0.03%
CF	B	-0.03%
ULTA	F	-0.03%
TSN	B	-0.03%
MOH	F	-0.03%
HOLX	D	-0.03%
GPC	D	-0.03%
SNA	A	-0.03%
PODD	C	-0.03%
CMS	C	-0.03%
TRMB	B	-0.03%
IEX	B	-0.03%
FSLR	F	-0.03%
SSNC	B	-0.03%
PNR	A	-0.03%
LII	A	-0.03%
MAA	B	-0.03%
STX	D	-0.03%
OC	A	-0.03%
EQH	B	-0.03%
PINS	D	-0.03%
FDS	B	-0.03%
MKC	D	-0.03%
TEVA	D	-0.03%
AER	B	-0.03%
ZS	C	-0.03%
BALL	D	-0.03%
CNP	B	-0.03%
LVS	C	-0.03%
CBOE	B	-0.03%
OMC	C	-0.03%
TRU	D	-0.03%
KEY	B	-0.03%
MRO	B	-0.03%
LYB	F	-0.03%
MDB	C	-0.03%
ESS	B	-0.03%
PFG	D	-0.03%
FCNCA	A	-0.03%
BBY	D	-0.03%
INVH	D	-0.03%
CTRA	B	-0.03%
J	F	-0.03%
BLDR	D	-0.03%
WDC	D	-0.03%
DRI	B	-0.03%
STE	F	-0.03%
WBD	C	-0.03%
IP	B	-0.03%
ATO	A	-0.03%
RBLX	C	-0.03%
CSL	C	-0.03%
IFF	D	-0.03%
ILMN	D	-0.03%
WAT	B	-0.03%
K	A	-0.03%
HUBB	B	-0.03%
EME	C	-0.03%
NTRS	A	-0.03%
TDY	B	-0.03%
LYV	A	-0.03%
LH	C	-0.03%
ZBH	C	-0.03%
CFG	B	-0.03%
PKG	A	-0.03%
WST	C	-0.03%
WY	D	-0.03%
NRG	B	-0.03%
STLD	B	-0.03%
CDW	F	-0.03%
VLTO	D	-0.03%
FBIN	D	-0.02%
MNDY	C	-0.02%
LW	C	-0.02%
DVA	B	-0.02%
CNH	C	-0.02%
IPG	D	-0.02%
OVV	B	-0.02%
EMN	D	-0.02%
TECH	D	-0.02%
BXP	D	-0.02%
WIX	B	-0.02%
RPRX	D	-0.02%
HEI	B	-0.02%
OKTA	C	-0.02%
SNAP	C	-0.02%
JKHY	D	-0.02%
BMRN	D	-0.02%
TAP	C	-0.02%
NWSA	B	-0.02%
KMX	B	-0.02%
ALLY	C	-0.02%
DKS	C	-0.02%
AMH	D	-0.02%
SJM	D	-0.02%
PAYC	B	-0.02%
CPT	B	-0.02%
HST	C	-0.02%
ALB	C	-0.02%
CCK	C	-0.02%
MRNA	F	-0.02%
ERIE	D	-0.02%
UHS	D	-0.02%
REG	B	-0.02%
LOGI	D	-0.02%
FOXA	B	-0.02%
DAY	B	-0.02%
WTRG	B	-0.02%
AVTR	F	-0.02%
POOL	C	-0.02%
WPC	D	-0.02%
RVTY	F	-0.02%
AIZ	A	-0.02%
CAG	D	-0.02%
BG	F	-0.02%
CYBR	B	-0.02%
EPAM	C	-0.02%
SWKS	F	-0.02%
TOST	B	-0.02%
ELS	C	-0.02%
HOOD	B	-0.02%
TW	A	-0.02%
UDR	B	-0.02%
SWK	D	-0.02%
CHRW	C	-0.02%
JBHT	C	-0.02%
AMCR	D	-0.02%
AKAM	D	-0.02%
DLTR	F	-0.02%
FFIV	B	-0.02%
GGG	B	-0.02%
EVRG	A	-0.02%
APTV	D	-0.02%
GLPI	C	-0.02%
EL	F	-0.02%
NI	A	-0.02%
CCEP	C	-0.02%
SUI	D	-0.02%
FNF	B	-0.02%
DPZ	C	-0.02%
PSTG	D	-0.02%
ROL	B	-0.02%
ENTG	D	-0.02%
VTRS	A	-0.02%
NDSN	B	-0.02%
EG	C	-0.02%
DT	C	-0.02%
BAX	D	-0.02%
WSM	B	-0.02%
LNT	A	-0.02%
WSO	A	-0.02%
ALGN	D	-0.02%
BURL	A	-0.02%
XRX	F	-0.02%
ARE	D	-0.02%
HEI	B	-0.02%
AVY	D	-0.02%
RBA	A	-0.02%
RS	B	-0.02%
DKNG	B	-0.02%
TER	D	-0.02%
KIM	A	-0.02%
JBL	B	-0.02%
MANH	D	-0.02%
GLBE	B	-0.01%
WFG	D	-0.01%
CELH	F	-0.01%
WLK	D	-0.01%
PARA	C	-0.01%
LUV	C	-0.01%
H	B	-0.01%
FUTU	D	-0.01%
UHAL	D	-0.01%
WBA	F	-0.01%
BSY	D	-0.01%
RIVN	F	-0.01%
FOX	A	-0.01%
ACI	C	-0.01%
HII	D	-0.01%
DINO	D	-0.01%
BEN	C	-0.01%
OTEX	D	-0.01%
CRBG	B	-0.01%
APA	D	-0.01%
CPB	D	-0.01%
CHRD	D	-0.01%
TTC	D	-0.01%
ENPH	F	-0.01%
DAL	C	-0.01%
ROKU	D	-0.01%
KNX	B	-0.01%
MTCH	D	-0.01%
BIO	D	-0.01%
CE	F	-0.01%
MKTX	D	-0.01%
EXAS	D	-0.01%
HSIC	B	-0.01%
MOS	F	-0.01%
LKQ	D	-0.01%
HRL	D	-0.01%
IOT	A	-0.01%
AOS	F	-0.01%
AES	F	-0.01%
CG	A	-0.01%
TFX	F	-0.01%
SMCI	F	-0.01%
CTLT	B	-0.01%
CRL	C	-0.01%
GRAB	B	-0.01%
AFG	A	-0.01%
WYNN	D	-0.01%
JNPR	F	-0.01%
Z	A	-0.01%
DOOO	F	-0.0%