FHEQ vs. RND ETF Comparison
Comparison of Fidelity Hedged Equity ETF (FHEQ) to First Trust Bloomberg R&D Leaders ETF (RND)
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
RND
First Trust Bloomberg R&D Leaders ETF
RND Description
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider, the index is designed to track the performance of companies that seek to return implicit value to shareholders by reinvesting in their own growth. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.24
Average Daily Volume
1,089
Number of Holdings
*
49
* may have additional holdings in another (foreign) market
Performance
Period | FHEQ | RND |
---|---|---|
30 Days | 2.51% | 4.00% |
60 Days | 3.80% | 4.69% |
90 Days | 4.54% | 6.80% |
12 Months |
27 Overlapping Holdings
Symbol | Grade | Weight in FHEQ | Weight in RND | Overlap | |
---|---|---|---|---|---|
AAPL | C | 7.31% | 7.56% | 7.31% | |
ADBE | C | 0.93% | 0.94% | 0.93% | |
AMAT | F | 0.7% | 0.61% | 0.61% | |
AMZN | C | 3.64% | 8.36% | 3.64% | |
ANET | C | 0.08% | 0.39% | 0.08% | |
AVGO | D | 1.49% | 3.71% | 1.49% | |
CAT | B | 0.48% | 2.77% | 0.48% | |
CSCO | B | 0.79% | 0.9% | 0.79% | |
DASH | A | 0.12% | 0.83% | 0.12% | |
ETN | A | 0.15% | 2.12% | 0.15% | |
FTNT | C | 0.24% | 0.25% | 0.24% | |
GILD | C | 0.73% | 1.63% | 0.73% | |
GOOGL | C | 2.02% | 8.17% | 2.02% | |
LLY | F | 0.76% | 3.18% | 0.76% | |
LRCX | F | 0.23% | 0.39% | 0.23% | |
META | D | 2.87% | 3.75% | 2.87% | |
MSCI | C | 0.49% | 0.67% | 0.49% | |
MSFT | F | 5.64% | 7.47% | 5.64% | |
MSI | B | 0.26% | 0.35% | 0.26% | |
MU | D | 0.47% | 0.46% | 0.46% | |
NFLX | A | 1.26% | 4.63% | 1.26% | |
NOW | A | 0.34% | 0.88% | 0.34% | |
NVDA | C | 7.27% | 8.92% | 7.27% | |
ORCL | B | 0.04% | 1.27% | 0.04% | |
TSLA | B | 1.26% | 5.0% | 1.26% | |
UBER | D | 0.14% | 2.06% | 0.14% | |
WDAY | B | 0.16% | 0.23% | 0.16% |
FHEQ Overweight 141 Positions Relative to RND
Symbol | Grade | Weight | |
---|---|---|---|
BRK.A | B | 2.19% | |
JPM | A | 1.82% | |
GOOG | C | 1.74% | |
XOM | B | 1.54% | |
MA | C | 1.34% | |
HD | A | 1.32% | |
BAC | A | 1.17% | |
CRM | B | 1.09% | |
ABBV | D | 1.0% | |
PM | B | 0.92% | |
PG | A | 0.87% | |
QCOM | F | 0.84% | |
CMCSA | B | 0.83% | |
WMT | A | 0.8% | |
NEE | D | 0.73% | |
UNP | C | 0.73% | |
TJX | A | 0.73% | |
MRK | F | 0.69% | |
TT | A | 0.69% | |
LMT | D | 0.69% | |
BMY | B | 0.68% | |
T | A | 0.67% | |
CTAS | B | 0.66% | |
CI | F | 0.63% | |
PGR | A | 0.63% | |
ECL | D | 0.62% | |
JNJ | D | 0.61% | |
SQ | B | 0.59% | |
BDX | F | 0.59% | |
CL | D | 0.58% | |
UNH | C | 0.57% | |
DIS | B | 0.57% | |
NOC | D | 0.56% | |
SCHW | B | 0.56% | |
PFE | D | 0.56% | |
SEIC | B | 0.54% | |
C | A | 0.54% | |
PYPL | B | 0.54% | |
KLAC | D | 0.54% | |
DVN | F | 0.53% | |
ZM | B | 0.52% | |
CVNA | B | 0.52% | |
MMC | B | 0.52% | |
TXT | D | 0.51% | |
DBX | B | 0.51% | |
CMG | B | 0.49% | |
TRV | B | 0.49% | |
ZBRA | B | 0.47% | |
V | A | 0.47% | |
GE | D | 0.45% | |
IGT | F | 0.45% | |
COST | B | 0.45% | |
ALLE | D | 0.44% | |
RTX | C | 0.44% | |
EOG | A | 0.43% | |
CSX | B | 0.43% | |
AXP | A | 0.43% | |
EXEL | B | 0.43% | |
PCAR | B | 0.42% | |
CAH | B | 0.4% | |
ALRM | C | 0.4% | |
WM | A | 0.38% | |
CME | A | 0.37% | |
BK | A | 0.36% | |
TDC | D | 0.35% | |
PPG | F | 0.34% | |
ANF | C | 0.33% | |
LDOS | C | 0.32% | |
NUE | C | 0.32% | |
MEDP | D | 0.31% | |
GRMN | B | 0.31% | |
CACI | D | 0.3% | |
TMUS | B | 0.29% | |
SKYW | B | 0.29% | |
SPGI | C | 0.28% | |
HWM | A | 0.27% | |
INCY | C | 0.27% | |
TMO | F | 0.26% | |
IDXX | F | 0.26% | |
NSC | B | 0.26% | |
AMT | D | 0.24% | |
AMGN | D | 0.24% | |
BLK | C | 0.23% | |
TROW | B | 0.23% | |
LHX | C | 0.23% | |
AME | A | 0.22% | |
MGM | D | 0.22% | |
CVS | D | 0.22% | |
MMM | D | 0.22% | |
BIIB | F | 0.21% | |
XEL | A | 0.21% | |
RSG | A | 0.2% | |
GL | B | 0.2% | |
CLX | B | 0.2% | |
PSA | D | 0.19% | |
GAP | C | 0.18% | |
DOCU | A | 0.18% | |
HLT | A | 0.18% | |
VZ | C | 0.18% | |
GEHC | F | 0.17% | |
LNW | D | 0.17% | |
FTI | A | 0.17% | |
ADP | B | 0.16% | |
SPG | B | 0.16% | |
MS | A | 0.16% | |
PEGA | A | 0.16% | |
F | C | 0.15% | |
TPH | D | 0.15% | |
WFC | A | 0.15% | |
GEN | B | 0.13% | |
VEEV | C | 0.12% | |
CINF | A | 0.12% | |
SOLV | C | 0.12% | |
NBIX | C | 0.11% | |
BBWI | D | 0.11% | |
QRVO | F | 0.11% | |
VST | B | 0.11% | |
KR | B | 0.11% | |
ROST | C | 0.1% | |
PLTK | B | 0.1% | |
MKL | A | 0.09% | |
BAH | F | 0.09% | |
DOC | D | 0.08% | |
ALL | A | 0.07% | |
BCC | B | 0.07% | |
MDLZ | F | 0.07% | |
L | A | 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% | |
LPLA | A | 0.03% | |
CVX | A | 0.02% | |
MHO | D | 0.02% | |
TWLO | A | 0.02% | |
UNM | A | 0.01% | |
NWL | B | 0.01% | |
OGE | B | 0.01% |
FHEQ Underweight 22 Positions Relative to RND
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | -2.79% | |
BKNG | A | -2.51% | |
BSX | B | -1.97% | |
VRTX | F | -1.77% | |
DE | A | -1.54% | |
BA | F | -1.31% | |
REGN | F | -1.21% | |
ZTS | D | -1.1% | |
AMD | F | -0.96% | |
CARR | D | -0.92% | |
TXN | C | -0.8% | |
INTU | C | -0.79% | |
TTD | B | -0.77% | |
CMI | A | -0.73% | |
KVUE | A | -0.67% | |
PANW | C | -0.53% | |
SNPS | B | -0.35% | |
CDNS | B | -0.34% | |
MRVL | B | -0.33% | |
CRWD | B | -0.33% | |
ADSK | A | -0.28% | |
NXPI | D | -0.24% |
FHEQ: Top Represented Industries & Keywords
Industries:
Software - Application
Drug Manufacturers - Major
Insurance - Property & Casualty
Apparel Stores
Capital Markets
Semiconductors
Telecom Services
Aerospace & Defense
Asset Management
Banks - Global
Biotechnology
Credit Services
Diagnostics & Research
Household & Personal Products
Software - Infrastructure
Specialty Industrial Machinery
Business Services
Communication Equipment
Diversified Industrials
Health Care Plans
RND: Top Represented Industries & Keywords
Industries:
Software - Application
Semiconductors
Software - Infrastructure
Biotechnology
Communication Equipment
Drug Manufacturers - Major
Farm & Construction Equipment
Internet Content & Information
Semiconductor Equipment & Materials
Aerospace & Defense
Auto Manufacturers
Building Products & Equipment
Capital Markets
Computer Systems
Consumer Electronics
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Household & Personal Products
Internet Content & Information
Media - Diversified