IXJ vs. FHEQ ETF Comparison

Comparison of iShares Global Healthcare ETF (IXJ) to Fidelity Hedged Equity ETF (FHEQ)

IXJ

iShares Global Healthcare ETF

IXJ Description

The investment seeks to track the investment results of an index composed of global equities in the healthcare sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Healthcare Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be a part of the healthcare sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.41

Average Daily Volume

132,450

Number of Holdings ^*

* 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	IXJ	FHEQ
30 Days	-5.50%	2.51%
60 Days	-8.05%	3.80%
90 Days	-9.84%	4.54%
12 Months	10.11%

19 Overlapping Holdings

Symbol	Grade	Weight in IXJ	Weight in FHEQ	Overlap
ABBV	D	4.08%	1.0%	1.0%
AMGN	D	2.16%	0.24%	0.24%
BDX	F	0.89%	0.59%	0.59%
BIIB	F	0.34%	0.21%	0.21%
BMY	B	1.63%	0.68%	0.68%
CAH	B	0.41%	0.4%	0.4%
CI	F	1.23%	0.63%	0.63%
CVS	D	0.94%	0.22%	0.22%
GEHC	F	0.52%	0.17%	0.17%
GILD	C	1.56%	0.73%	0.73%
IDXX	F	0.48%	0.26%	0.26%
INCY	C	0.17%	0.27%	0.17%
JNJ	D	4.7%	0.61%	0.61%
LLY	F	8.42%	0.76%	0.76%
MRK	F	3.39%	0.69%	0.69%
PFE	D	2.02%	0.56%	0.56%
SOLV	C	0.13%	0.12%	0.12%
TMO	F	2.76%	0.26%	0.26%
UNH	C	7.43%	0.57%	0.57%

IXJ Overweight 44 Positions Relative to FHEQ

Symbol	Grade	Weight
ABT	B	2.72%
ISRG	A	2.59%
DHR	F	2.09%
SYK	C	1.79%
BSX	B	1.75%
VRTX	F	1.7%
MDT	D	1.5%
ELV	F	1.28%
REGN	F	1.13%
ZTS	D	1.09%
MCK	B	1.08%
HCA	F	0.87%
COR	B	0.58%
EW	C	0.54%
A	D	0.52%
IQV	D	0.48%
HUM	C	0.47%
RMD	C	0.46%
CNC	D	0.42%
DXCM	D	0.41%
MTD	D	0.36%
WST	C	0.33%
WAT	B	0.31%
STE	F	0.3%
ZBH	C	0.3%
LH	C	0.27%
COO	D	0.27%
MOH	F	0.25%
PODD	C	0.25%
DGX	A	0.24%
HOLX	D	0.24%
ALGN	D	0.22%
BAX	D	0.22%
VTRS	A	0.22%
RVTY	F	0.2%
TECH	D	0.16%
UHS	D	0.16%
CTLT	B	0.15%
CRL	C	0.15%
TFX	F	0.13%
HSIC	B	0.12%
MRNA	F	0.12%
DVA	B	0.1%
MBAVU	D	0.05%

IXJ Underweight 149 Positions Relative to FHEQ

Symbol	Grade	Weight
AAPL	C	-7.31%
NVDA	C	-7.27%
MSFT	F	-5.64%
AMZN	C	-3.64%
META	D	-2.87%
BRK.A	B	-2.19%
GOOGL	C	-2.02%
JPM	A	-1.82%
GOOG	C	-1.74%
XOM	B	-1.54%
AVGO	D	-1.49%
MA	C	-1.34%
HD	A	-1.32%
TSLA	B	-1.26%
NFLX	A	-1.26%
BAC	A	-1.17%
CRM	B	-1.09%
ADBE	C	-0.93%
PM	B	-0.92%
PG	A	-0.87%
QCOM	F	-0.84%
CMCSA	B	-0.83%
WMT	A	-0.8%
CSCO	B	-0.79%
NEE	D	-0.73%
UNP	C	-0.73%
TJX	A	-0.73%
AMAT	F	-0.7%
TT	A	-0.69%
LMT	D	-0.69%
T	A	-0.67%
CTAS	B	-0.66%
PGR	A	-0.63%
ECL	D	-0.62%
SQ	B	-0.59%
CL	D	-0.58%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-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%
MSCI	C	-0.49%
CMG	B	-0.49%
TRV	B	-0.49%
CAT	B	-0.48%
MU	D	-0.47%
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%
ALRM	C	-0.4%
WM	A	-0.38%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
PPG	F	-0.34%
NOW	A	-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%
MSI	B	-0.26%
NSC	B	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LRCX	F	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
MMM	D	-0.22%
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%
LNW	D	-0.17%
FTI	A	-0.17%
ADP	B	-0.16%
WDAY	B	-0.16%
SPG	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
VEEV	C	-0.12%
CINF	A	-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%
ANET	C	-0.08%
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%
ORCL	B	-0.04%
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%