FNDX vs. FHEQ ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Fidelity Hedged Equity ETF (FHEQ)
FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$24.83

Average Daily Volume

1,186,729

Number of Holdings *

721

* 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

$27.87

Average Daily Volume

24,517

Number of Holdings *

168

* may have additional holdings in another (foreign) market
Performance
Period FNDX FHEQ
30 Days 3.67% 2.51%
60 Days 4.58% 3.80%
90 Days 6.53% 4.54%
12 Months 29.67%
142 Overlapping Holdings
Symbol Grade Weight in FNDX Weight in FHEQ Overlap
AAPL C 4.35% 7.31% 4.35%
ABBV D 0.49% 1.0% 0.49%
ADBE C 0.2% 0.93% 0.2%
ADP B 0.15% 0.16% 0.15%
ALL A 0.27% 0.07% 0.07%
ALLE D 0.01% 0.44% 0.01%
AMAT F 0.24% 0.7% 0.24%
AME A 0.05% 0.22% 0.05%
AMGN D 0.39% 0.24% 0.24%
AMT D 0.11% 0.24% 0.11%
AMZN C 1.56% 3.64% 1.56%
ANET C 0.04% 0.08% 0.04%
AVGO D 0.61% 1.49% 0.61%
AXP A 0.36% 0.43% 0.36%
BAC A 1.3% 1.17% 1.17%
BAH F 0.03% 0.09% 0.03%
BBWI D 0.03% 0.11% 0.03%
BCC B 0.04% 0.07% 0.04%
BDX F 0.11% 0.59% 0.11%
BIIB F 0.09% 0.21% 0.09%
BK A 0.26% 0.36% 0.26%
BLD D 0.01% 0.05% 0.01%
BLK C 0.28% 0.23% 0.23%
BMY B 0.45% 0.68% 0.45%
BRK.A B 2.17% 2.19% 2.17%
C A 1.1% 0.54% 0.54%
CACI D 0.03% 0.3% 0.03%
CAH B 0.07% 0.4% 0.07%
CAT B 0.41% 0.48% 0.41%
CI F 0.48% 0.63% 0.48%
CINF A 0.07% 0.12% 0.07%
CL D 0.13% 0.58% 0.13%
CLX B 0.04% 0.2% 0.04%
CMCSA B 0.83% 0.83% 0.83%
CME A 0.08% 0.37% 0.08%
CMG B 0.04% 0.49% 0.04%
COST B 0.66% 0.45% 0.45%
CRM B 0.15% 1.09% 0.15%
CSCO B 0.82% 0.79% 0.79%
CSX B 0.22% 0.43% 0.22%
CTAS B 0.08% 0.66% 0.08%
CVS D 0.68% 0.22% 0.22%
CVX A 1.25% 0.02% 0.02%
DBX B 0.01% 0.51% 0.01%
DIS B 0.45% 0.57% 0.45%
DOC D 0.03% 0.08% 0.03%
DVN F 0.09% 0.53% 0.09%
ECL D 0.08% 0.62% 0.08%
EOG A 0.23% 0.43% 0.23%
ETN A 0.23% 0.15% 0.15%
F C 0.33% 0.15% 0.15%
FTI A 0.01% 0.17% 0.01%
FTNT C 0.03% 0.24% 0.03%
GAP C 0.04% 0.18% 0.04%
GE D 0.15% 0.45% 0.15%
GEHC F 0.09% 0.17% 0.09%
GEN B 0.04% 0.13% 0.04%
GILD C 0.37% 0.73% 0.37%
GL B 0.03% 0.2% 0.03%
GOOG C 1.14% 1.74% 1.14%
GOOGL C 1.33% 2.02% 1.33%
GRMN B 0.03% 0.31% 0.03%
HD A 0.8% 1.32% 0.8%
HLT A 0.06% 0.18% 0.06%
HWM A 0.07% 0.27% 0.07%
IDXX F 0.02% 0.26% 0.02%
JNJ D 0.89% 0.61% 0.61%
JPM A 2.03% 1.82% 1.82%
KLAC D 0.08% 0.54% 0.08%
KR B 0.3% 0.11% 0.11%
L A 0.05% 0.07% 0.05%
LDOS C 0.07% 0.32% 0.07%
LHX C 0.16% 0.23% 0.16%
LLY F 0.2% 0.76% 0.2%
LMT D 0.37% 0.69% 0.37%
LPLA A 0.04% 0.03% 0.03%
LRCX F 0.15% 0.23% 0.15%
MA C 0.29% 1.34% 0.29%
MDLZ F 0.2% 0.07% 0.07%
META D 1.79% 2.87% 1.79%
MGM D 0.06% 0.22% 0.06%
MKL A 0.05% 0.09% 0.05%
MMC B 0.14% 0.52% 0.14%
MMM D 0.35% 0.22% 0.22%
MRK F 0.42% 0.69% 0.42%
MS A 0.46% 0.16% 0.16%
MSCI C 0.03% 0.49% 0.03%
MSFT F 2.43% 5.64% 2.43%
MSI B 0.07% 0.26% 0.07%
MU D 0.38% 0.47% 0.38%
NEE D 0.24% 0.73% 0.24%
NFLX A 0.17% 1.26% 0.17%
NOC D 0.2% 0.56% 0.2%
NOW A 0.01% 0.34% 0.01%
NSC B 0.21% 0.26% 0.21%
NUE C 0.19% 0.32% 0.19%
NVDA C 0.4% 7.27% 0.4%
NWL B 0.03% 0.01% 0.01%
OGE B 0.03% 0.01% 0.01%
ORCL B 0.5% 0.04% 0.04%
PCAR B 0.15% 0.42% 0.15%
PFE D 0.68% 0.56% 0.56%
PG A 0.77% 0.87% 0.77%
PGR A 0.23% 0.63% 0.23%
PM B 0.48% 0.92% 0.48%
PPG F 0.08% 0.34% 0.08%
PSA D 0.05% 0.19% 0.05%
PYPL B 0.22% 0.54% 0.22%
QCOM F 0.43% 0.84% 0.43%
QRVO F 0.03% 0.11% 0.03%
ROST C 0.07% 0.1% 0.07%
RSG A 0.06% 0.2% 0.06%
RTX C 0.34% 0.44% 0.34%
SCHW B 0.13% 0.56% 0.13%
SEIC B 0.03% 0.54% 0.03%
SOLV C 0.02% 0.12% 0.02%
SPG B 0.1% 0.16% 0.1%
SPGI C 0.15% 0.28% 0.15%
SQ B 0.03% 0.59% 0.03%
T A 1.27% 0.67% 0.67%
TJX A 0.22% 0.73% 0.22%
TMO F 0.25% 0.26% 0.25%
TMUS B 0.25% 0.29% 0.25%
TPH D 0.03% 0.15% 0.03%
TROW B 0.13% 0.23% 0.13%
TRV B 0.31% 0.49% 0.31%
TSLA B 0.28% 1.26% 0.28%
TT A 0.06% 0.69% 0.06%
TXT D 0.06% 0.51% 0.06%
UBER D 0.04% 0.14% 0.04%
UNH C 1.22% 0.57% 0.57%
UNM A 0.06% 0.01% 0.01%
UNP C 0.35% 0.73% 0.35%
V A 0.36% 0.47% 0.36%
VST B 0.16% 0.11% 0.11%
VZ C 1.13% 0.18% 0.18%
WFC A 1.35% 0.15% 0.15%
WM A 0.15% 0.38% 0.15%
WMT A 1.47% 0.8% 0.8%
XEL A 0.12% 0.21% 0.12%
XOM B 1.99% 1.54% 1.54%
ZBRA B 0.04% 0.47% 0.04%
FNDX Overweight 579 Positions Relative to FHEQ
Symbol Grade Weight
INTC D 0.89%
GM B 0.79%
LUMN C 0.65%
GS A 0.62%
IBM C 0.54%
COF B 0.48%
COP C 0.48%
LOW D 0.43%
PEP F 0.41%
MPC D 0.4%
VLO C 0.39%
TGT F 0.38%
HON B 0.37%
MO A 0.37%
PSX C 0.36%
ACN C 0.36%
ELV F 0.36%
CHTR C 0.35%
KO D 0.35%
SYF B 0.34%
ABT B 0.34%
TXN C 0.34%
MCD D 0.34%
LIN D 0.33%
FDX B 0.32%
USB A 0.32%
DUK C 0.3%
PNC B 0.3%
AIG B 0.28%
SBUX A 0.28%
UPS C 0.28%
DFS B 0.26%
MET A 0.26%
SO D 0.26%
CB C 0.26%
BKNG A 0.24%
KMI A 0.23%
TFC A 0.23%
DE A 0.23%
PRU A 0.22%
ADM D 0.21%
AFL B 0.21%
HPQ B 0.21%
GD F 0.21%
HPE B 0.21%
TSN B 0.2%
HCA F 0.2%
CTSH B 0.19%
HUM C 0.19%
NKE D 0.19%
CMI A 0.19%
CNC D 0.19%
DOW F 0.18%
EXC C 0.17%
WMB A 0.17%
IP B 0.17%
WBA F 0.17%
EBAY D 0.17%
EMR A 0.17%
D C 0.17%
DD D 0.17%
AEP D 0.16%
DHI D 0.16%
BKR B 0.16%
BBY D 0.16%
LEN D 0.16%
JCI C 0.16%
MDT D 0.16%
DHR F 0.15%
AMP A 0.15%
ITW B 0.15%
LYB F 0.14%
FCX D 0.14%
OKE A 0.14%
GLW B 0.14%
HIG B 0.14%
APD A 0.13%
PH A 0.13%
FITB A 0.13%
SYK C 0.13%
BX A 0.13%
ADI D 0.13%
AON A 0.13%
SRE A 0.13%
NEM D 0.13%
CBRE B 0.13%
FI A 0.13%
URI B 0.13%
FIS C 0.12%
ED D 0.12%
ETR B 0.12%
SLB C 0.12%
WDC D 0.12%
CARR D 0.12%
KKR A 0.12%
ORLY B 0.11%
MTB A 0.11%
PARA C 0.11%
MCK B 0.11%
PEG A 0.11%
OXY D 0.11%
PPL B 0.11%
BA F 0.11%
ICE C 0.11%
INTU C 0.11%
PHM D 0.11%
STLD B 0.11%
GIS D 0.11%
EIX B 0.1%
SYY B 0.1%
ALLY C 0.1%
FOXA B 0.1%
KMB D 0.1%
VTRS A 0.1%
REGN F 0.1%
STT A 0.1%
CEG D 0.1%
KEY B 0.1%
WELL A 0.1%
BG F 0.1%
NRG B 0.1%
CFG B 0.1%
RF A 0.09%
MRO B 0.09%
GPN B 0.09%
SW A 0.09%
ISRG A 0.09%
STX D 0.09%
FE C 0.09%
RS B 0.09%
EA A 0.09%
CTVA C 0.09%
PFG D 0.09%
BSX B 0.09%
MAR B 0.09%
APH A 0.09%
WY D 0.09%
CCI D 0.09%
LH C 0.09%
AMD F 0.09%
KHC F 0.09%
ARW D 0.08%
EMN D 0.08%
HBAN A 0.08%
NTRS A 0.08%
NVR D 0.08%
USFD A 0.08%
CHRW C 0.08%
VTR C 0.08%
YUM B 0.08%
WHR B 0.08%
ES D 0.08%
OMC C 0.08%
UHS D 0.08%
DG F 0.08%
GWW B 0.08%
WEC A 0.08%
WKC D 0.08%
DLR B 0.08%
EQIX A 0.08%
JLL D 0.08%
WBD C 0.08%
SHW A 0.08%
K A 0.07%
BAX D 0.07%
IQV D 0.07%
OC A 0.07%
VFC C 0.07%
SWK D 0.07%
CMA A 0.07%
CF B 0.07%
WTW B 0.07%
AEE A 0.07%
DGX A 0.07%
TRGP B 0.07%
THC D 0.07%
MCO B 0.07%
NTAP C 0.07%
EVRG A 0.07%
STZ D 0.07%
PWR A 0.07%
R B 0.07%
PLD D 0.07%
KDP D 0.07%
X C 0.07%
LAD A 0.07%
ZTS D 0.07%
PKG A 0.07%
AVT C 0.07%
DTE C 0.07%
VRTX F 0.07%
FAST B 0.07%
SNA A 0.06%
OVV B 0.06%
HES B 0.06%
TOL B 0.06%
M D 0.06%
ODFL B 0.06%
DVA B 0.06%
TSCO D 0.06%
CPAY A 0.06%
CAG D 0.06%
JEF A 0.06%
BLDR D 0.06%
ROK B 0.06%
BALL D 0.06%
AZO C 0.06%
CMS C 0.06%
AA B 0.06%
ZION B 0.06%
OMF A 0.06%
MHK D 0.06%
LNG B 0.06%
CCL B 0.06%
FLEX A 0.06%
JBL B 0.06%
IRM D 0.06%
PFGC B 0.06%
EME C 0.06%
CNP B 0.06%
HAL C 0.06%
FNF B 0.06%
PAYX C 0.06%
WAB B 0.06%
DOV A 0.06%
TDG D 0.06%
KSS F 0.06%
MOS F 0.06%
KMX B 0.06%
MOH F 0.05%
ACM A 0.05%
VNO B 0.05%
NI A 0.05%
MNST C 0.05%
VMC B 0.05%
AFG A 0.05%
INGR B 0.05%
ZBH C 0.05%
ORI A 0.05%
JBHT C 0.05%
CSL C 0.05%
NXPI D 0.05%
DLTR F 0.05%
MCHP D 0.05%
IVZ B 0.05%
IFF D 0.05%
JNPR F 0.05%
AES F 0.05%
DRI B 0.05%
AJG B 0.05%
AN C 0.05%
BXP D 0.05%
GPC D 0.05%
OTIS C 0.05%
KD B 0.05%
AVB B 0.05%
DXC B 0.05%
ALSN B 0.05%
LEA D 0.05%
EQH B 0.05%
TDS B 0.05%
EQR B 0.05%
GPI A 0.05%
FANG D 0.05%
CASY A 0.05%
DINO D 0.05%
BWA D 0.05%
ROP B 0.05%
MAS D 0.05%
J F 0.05%
TPR B 0.05%
SFM A 0.05%
RJF A 0.05%
LKQ D 0.05%
SJM D 0.05%
BFH B 0.05%
LNC B 0.05%
KVUE A 0.05%
A D 0.05%
TAP C 0.05%
O D 0.04%
FBIN D 0.04%
LPX B 0.04%
EXPE B 0.04%
SSNC B 0.04%
TER D 0.04%
OSK B 0.04%
AVY D 0.04%
AMG B 0.04%
IPG D 0.04%
KEYS A 0.04%
ZIM C 0.04%
UFPI B 0.04%
LVS C 0.04%
PNR A 0.04%
FYBR D 0.04%
RPM A 0.04%
HSY F 0.04%
CNO A 0.04%
ON D 0.04%
HST C 0.04%
DOX D 0.04%
CRBG B 0.04%
EXPD D 0.04%
SLM A 0.04%
TMHC B 0.04%
CCK C 0.04%
WAT B 0.04%
DKS C 0.04%
GT C 0.04%
RGA A 0.04%
ATO A 0.04%
SWKS F 0.04%
HOLX D 0.04%
RHI B 0.04%
HSIC B 0.04%
CHD B 0.04%
AWK D 0.04%
EW C 0.04%
LNT A 0.04%
FAF A 0.04%
MUSA A 0.04%
BERY B 0.04%
PVH C 0.04%
NWSA B 0.04%
PNW B 0.04%
BEN C 0.04%
AYI B 0.04%
WCC B 0.04%
THO B 0.04%
KNX B 0.04%
WSM B 0.04%
VRSK A 0.04%
EVR B 0.04%
OGN D 0.04%
JXN C 0.04%
MAN D 0.04%
EQT B 0.04%
MLM B 0.04%
GEV B 0.04%
MRVL B 0.04%
UGI A 0.04%
CDW F 0.04%
DELL C 0.03%
EXP A 0.03%
SEE C 0.03%
THG A 0.03%
LSTR D 0.03%
PRI A 0.03%
INVH D 0.03%
AR B 0.03%
FMC D 0.03%
SCI B 0.03%
IEX B 0.03%
ACI C 0.03%
MRNA F 0.03%
ACGL D 0.03%
TDY B 0.03%
CPRT A 0.03%
GNTX C 0.03%
AAP C 0.03%
TRU D 0.03%
BTU B 0.03%
ITT A 0.03%
RVTY F 0.03%
KBH D 0.03%
BURL A 0.03%
ILMN D 0.03%
CW B 0.03%
LII A 0.03%
G B 0.03%
GDDY A 0.03%
FLR B 0.03%
SNX C 0.03%
BC C 0.03%
STE F 0.03%
APO B 0.03%
PCG A 0.03%
ABG B 0.03%
SNV B 0.03%
ARE D 0.03%
ALB C 0.03%
KIM A 0.03%
VOYA B 0.03%
TTWO A 0.03%
MTD D 0.03%
AMCR D 0.03%
ARMK B 0.03%
CPB D 0.03%
AIZ A 0.03%
EFX F 0.03%
DAL C 0.03%
CAR C 0.03%
GPK C 0.03%
HAS D 0.03%
EXR D 0.03%
AKAM D 0.03%
FL F 0.03%
RRX B 0.03%
RL B 0.03%
AGCO D 0.03%
APA D 0.03%
ESS B 0.03%
MTH D 0.03%
JHG A 0.03%
CLF F 0.03%
HII D 0.03%
HRL D 0.03%
XYL D 0.03%
SNPS B 0.03%
EWBC A 0.03%
NDAQ A 0.03%
WU D 0.03%
TRMB B 0.03%
CIEN B 0.03%
ULTA F 0.03%
GNW A 0.03%
NXST C 0.03%
MAA B 0.03%
FFIV B 0.03%
CG A 0.03%
HUN F 0.03%
FHN A 0.03%
CTRA B 0.03%
EL F 0.03%
CMC B 0.03%
OLN D 0.03%
IT C 0.03%
DECK A 0.03%
PANW C 0.03%
DPZ C 0.03%
FTV C 0.03%
CE F 0.03%
WSO A 0.03%
RMD C 0.03%
IR B 0.03%
CDNS B 0.03%
PBF D 0.03%
MTZ B 0.03%
WRB A 0.03%
ADSK A 0.03%
MKC D 0.03%
SANM B 0.03%
HBI B 0.03%
MLI C 0.03%
HUBB B 0.03%
BR A 0.03%
WLK D 0.02%
MDU D 0.02%
MTN C 0.02%
ODP F 0.02%
EG C 0.02%
COHR B 0.02%
ALV C 0.02%
ALK C 0.02%
ADNT F 0.02%
FLO D 0.02%
MPW F 0.02%
MATX C 0.02%
LEG F 0.02%
BPOP B 0.02%
CHKP D 0.02%
TFX F 0.02%
ARCH B 0.02%
TKR D 0.02%
MIDD C 0.02%
AER B 0.02%
NSIT F 0.02%
KBR F 0.02%
POR C 0.02%
MKSI C 0.02%
VAC B 0.02%
TTC D 0.02%
UHAL D 0.02%
XRX F 0.02%
WPC D 0.02%
ASO F 0.02%
GLPI C 0.02%
WERN C 0.02%
LW C 0.02%
OI C 0.02%
POST C 0.02%
NFG A 0.02%
ANSS B 0.02%
ASGN F 0.02%
SBAC D 0.02%
NAVI C 0.02%
SM B 0.02%
NDSN B 0.02%
WST C 0.02%
CZR F 0.02%
CCEP C 0.02%
LECO B 0.02%
ST F 0.02%
AL B 0.02%
MUR D 0.02%
TPX B 0.02%
PII D 0.02%
STWD C 0.02%
PAG B 0.02%
EPAM C 0.02%
HUBG A 0.02%
SLG B 0.02%
GGG B 0.02%
GXO B 0.02%
CTLT B 0.02%
PENN C 0.02%
JKHY D 0.02%
CPT B 0.02%
HOG D 0.02%
APTV D 0.02%
POOL C 0.02%
ALGN D 0.02%
NOV C 0.02%
DCI B 0.02%
FCNCA A 0.02%
NVT B 0.02%
AVTR F 0.02%
AOS F 0.02%
BECN B 0.02%
SKX D 0.02%
CC C 0.02%
CNH C 0.02%
SUI D 0.02%
LAMR D 0.02%
REG B 0.02%
PK B 0.02%
BRX A 0.02%
UDR B 0.02%
VICI C 0.02%
MTG C 0.02%
ABM B 0.02%
DAR C 0.02%
ATR B 0.02%
BJ A 0.02%
EHC B 0.02%
RUSHA C 0.02%
SAIC F 0.02%
REZI A 0.02%
BRO B 0.02%
GNRC B 0.02%
COR B 0.02%
TGNA B 0.02%
BAP B 0.02%
SON D 0.02%
AXTA A 0.02%
LUV C 0.02%
VSH D 0.01%
ANDE D 0.01%
LILAK D 0.01%
CNXC F 0.01%
CRL C 0.01%
VRSN F 0.01%
ICLR D 0.01%
WTRG B 0.01%
MSM C 0.01%
SPTN D 0.01%
CHE D 0.01%
MMS F 0.01%
AEO F 0.01%
CYH F 0.01%
JAZZ B 0.01%
CBOE B 0.01%
FSLR F 0.01%
TNL A 0.01%
PRGO B 0.01%
QRTEA F 0.01%
AAL B 0.01%
JWN C 0.01%
HRB D 0.01%
XRAY F 0.01%
DK C 0.01%
HTZ C 0.01%
DAN D 0.01%
LULU C 0.01%
UNFI A 0.01%
CRI D 0.01%
CNX A 0.01%
CPRI F 0.01%
FNDX Underweight 26 Positions Relative to FHEQ
Symbol Grade Weight
ZM B -0.52%
CVNA B -0.52%
IGT F -0.45%
EXEL B -0.43%
ALRM C -0.4%
TDC D -0.35%
ANF C -0.33%
MEDP D -0.31%
SKYW B -0.29%
INCY C -0.27%
DOCU A -0.18%
LNW D -0.17%
WDAY B -0.16%
PEGA A -0.16%
DASH A -0.12%
VEEV C -0.12%
NBIX C -0.11%
PLTK B -0.1%
TENB C -0.06%
CRUS D -0.06%
LYFT C -0.06%
UTHR C -0.05%
QGEN D -0.04%
SCCO F -0.04%
MHO D -0.02%
TWLO A -0.02%
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