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%
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