ONEV vs. FHEQ ETF Comparison

Comparison of SPDR Russell 1000 Low Volatility Focus ETF (ONEV) to Fidelity Hedged Equity ETF (FHEQ)
ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$133.75

Average Daily Volume

4,833

Number of Holdings *

415

* 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 ONEV FHEQ
30 Days 4.10% 2.51%
60 Days 4.09% 3.80%
90 Days 5.47% 4.54%
12 Months 26.02%
45 Overlapping Holdings
Symbol Grade Weight in ONEV Weight in FHEQ Overlap
ALLE D 0.23% 0.44% 0.23%
AME A 0.2% 0.22% 0.2%
BAH F 0.22% 0.09% 0.09%
BMY B 1.44% 0.68% 0.68%
CACI D 0.32% 0.3% 0.3%
CAH B 1.07% 0.4% 0.4%
CINF A 0.69% 0.12% 0.12%
CL D 0.25% 0.58% 0.25%
CLX B 0.3% 0.2% 0.2%
CRUS D 0.16% 0.06% 0.06%
CSX B 0.27% 0.43% 0.27%
CVS D 0.29% 0.22% 0.22%
DBX B 0.25% 0.51% 0.25%
EXEL B 0.19% 0.43% 0.19%
GEHC F 0.49% 0.17% 0.17%
GEN B 0.27% 0.13% 0.13%
GILD C 0.88% 0.73% 0.73%
GL B 0.26% 0.2% 0.2%
GRMN B 0.51% 0.31% 0.31%
INCY C 0.41% 0.27% 0.27%
KR B 0.57% 0.11% 0.11%
L A 0.22% 0.07% 0.07%
LDOS C 0.54% 0.32% 0.32%
LPLA A 0.17% 0.03% 0.03%
MKL A 0.47% 0.09% 0.09%
MSCI C 0.32% 0.49% 0.32%
NBIX C 0.11% 0.11% 0.11%
NOC D 0.27% 0.56% 0.27%
NUE C 0.34% 0.32% 0.32%
NWL B 0.08% 0.01% 0.01%
OGE B 0.26% 0.01% 0.01%
PCAR B 0.48% 0.42% 0.42%
PPG F 0.21% 0.34% 0.21%
PSA D 0.64% 0.19% 0.19%
QGEN D 0.15% 0.04% 0.04%
QRVO F 0.09% 0.11% 0.09%
RSG A 0.18% 0.2% 0.18%
SEIC B 0.3% 0.54% 0.3%
SOLV C 0.34% 0.12% 0.12%
TROW B 0.61% 0.23% 0.23%
TRV B 0.36% 0.49% 0.36%
TXT D 0.19% 0.51% 0.19%
UTHR C 0.61% 0.05% 0.05%
VST B 0.24% 0.11% 0.11%
XEL A 0.53% 0.21% 0.21%
ONEV Overweight 370 Positions Relative to FHEQ
Symbol Grade Weight
CTSH B 1.46%
ACGL D 0.93%
EA A 0.79%
HUM C 0.75%
ORLY B 0.73%
BBY D 0.72%
CMI A 0.71%
AZO C 0.7%
MCK B 0.7%
COR B 0.67%
CBOE B 0.65%
ATO A 0.64%
EBAY D 0.64%
RS B 0.64%
FAST B 0.63%
CNC D 0.63%
HPE B 0.59%
MO A 0.59%
VRSN F 0.58%
EG C 0.57%
KVUE A 0.57%
AON A 0.56%
LH C 0.55%
SNA A 0.55%
ADM D 0.55%
NTAP C 0.54%
CASY A 0.54%
CHTR C 0.54%
GPC D 0.54%
ETR B 0.52%
FFIV B 0.51%
OMC C 0.5%
FDS B 0.49%
SWKS F 0.49%
TSCO D 0.49%
RNR C 0.48%
IP B 0.47%
TGT F 0.47%
JBL B 0.45%
BR A 0.45%
GWW B 0.42%
A D 0.42%
KMB D 0.42%
NVR D 0.42%
JNPR F 0.41%
DGX A 0.39%
AEE A 0.39%
K A 0.39%
WRB A 0.38%
EXPD D 0.38%
PEG A 0.38%
SRE A 0.37%
LUV C 0.37%
POOL C 0.37%
ALSN B 0.37%
INGR B 0.36%
DOX D 0.36%
FOXA B 0.36%
RPRX D 0.36%
KEYS A 0.35%
AMCR D 0.35%
EXC C 0.35%
GIS D 0.35%
WEC A 0.35%
J F 0.34%
ITW B 0.34%
DG F 0.33%
MAS D 0.33%
BRO B 0.33%
YUM B 0.33%
PAYX C 0.33%
BJ A 0.33%
EME C 0.32%
MOH F 0.32%
GDDY A 0.32%
PKG A 0.32%
EVRG A 0.32%
DHI D 0.32%
ED D 0.31%
CTRA B 0.31%
MAA B 0.31%
D C 0.31%
SCI B 0.3%
HRB D 0.3%
CBRE B 0.3%
CUBE D 0.3%
HLI B 0.3%
CHE D 0.3%
WST C 0.29%
GGG B 0.29%
ANSS B 0.29%
CMS C 0.29%
BWA D 0.29%
AKAM D 0.29%
VTRS A 0.29%
JAZZ B 0.28%
NI A 0.28%
PHM D 0.28%
AEP D 0.28%
OTIS C 0.28%
RHI B 0.28%
LECO B 0.28%
WTW B 0.27%
VICI C 0.27%
FDX B 0.27%
MUSA A 0.27%
HSY F 0.27%
GNTX C 0.26%
DCI B 0.26%
JBHT C 0.26%
G B 0.26%
VRSK A 0.26%
RLI B 0.26%
EHC B 0.26%
HIG B 0.26%
AVB B 0.26%
CNP B 0.25%
PPL B 0.25%
AOS F 0.25%
ROK B 0.25%
IPG D 0.25%
TAP C 0.25%
EQR B 0.24%
WSO A 0.24%
LSTR D 0.24%
PNW B 0.24%
RPM A 0.24%
RL B 0.24%
HII D 0.24%
EIX B 0.24%
SBAC D 0.24%
CPAY A 0.24%
SYY B 0.23%
STLD B 0.23%
ATR B 0.23%
IEX B 0.23%
ZBH C 0.23%
SJM D 0.23%
SAIC F 0.23%
PRI A 0.22%
ELS C 0.22%
AMG B 0.22%
CPT B 0.22%
OC A 0.21%
ROL B 0.21%
EMN D 0.21%
HOLX D 0.21%
DTM B 0.21%
CHD B 0.21%
SKX D 0.21%
JKHY D 0.21%
CPB D 0.2%
NFG A 0.2%
DVA B 0.2%
LNT A 0.2%
CAG D 0.2%
WY D 0.2%
WPC D 0.2%
FE C 0.19%
FOX A 0.19%
MAT D 0.19%
ACI C 0.19%
NYT C 0.19%
CSL C 0.19%
CF B 0.19%
DTE C 0.19%
ACM A 0.19%
STE F 0.19%
DLTR F 0.19%
ORI A 0.18%
CNM D 0.18%
SIRI C 0.18%
DPZ C 0.18%
MNST C 0.18%
NDAQ A 0.18%
AIZ A 0.18%
UHS D 0.18%
FTV C 0.18%
MTG C 0.18%
ODFL B 0.18%
MKTX D 0.18%
VVV F 0.18%
DOV A 0.18%
UDR B 0.18%
MKC D 0.18%
LII A 0.17%
AYI B 0.17%
VFC C 0.17%
BWXT B 0.17%
KNSL B 0.17%
KNX B 0.17%
EXP A 0.17%
BG F 0.17%
ITT A 0.17%
OSK B 0.17%
AVY D 0.17%
SSNC B 0.17%
MTN C 0.17%
FR C 0.17%
LAMR D 0.17%
LOPE B 0.17%
AWK D 0.16%
SSD D 0.16%
FCNCA A 0.16%
MTD D 0.16%
RGLD C 0.16%
TW A 0.16%
JHG A 0.16%
KHC F 0.16%
GPK C 0.16%
HST C 0.16%
PSN D 0.15%
CCK C 0.15%
SYF B 0.15%
FCN D 0.15%
CTVA C 0.15%
TSN B 0.15%
BAX D 0.15%
WHR B 0.15%
DLB B 0.15%
LEA D 0.14%
CIEN B 0.14%
SON D 0.14%
IDA A 0.14%
AGCO D 0.14%
PNR A 0.14%
EVR B 0.14%
MSM C 0.14%
VMC B 0.14%
CW B 0.14%
POST C 0.13%
NRG B 0.13%
BERY B 0.13%
WU D 0.13%
ES D 0.13%
CE F 0.13%
BALL D 0.13%
TTC D 0.13%
VMI B 0.13%
WTRG B 0.13%
NEU C 0.13%
ESS B 0.13%
LKQ D 0.13%
AAON B 0.12%
SNX C 0.12%
HRL D 0.12%
AMH D 0.12%
FIX A 0.12%
EGP F 0.12%
FLO D 0.12%
TXRH C 0.12%
COKE C 0.12%
NWSA B 0.12%
PII D 0.12%
HUBB B 0.12%
CR A 0.12%
FYBR D 0.11%
MSGS A 0.11%
TFX F 0.11%
AWI A 0.11%
NNN D 0.11%
CHRW C 0.11%
LBRDK C 0.11%
IBKR A 0.11%
TECH D 0.1%
MAN D 0.1%
AXS A 0.1%
PINC B 0.1%
RYN D 0.1%
SLGN A 0.1%
COLM B 0.1%
VNT B 0.1%
AGO B 0.09%
TDY B 0.09%
GXO B 0.09%
PRGO B 0.09%
UGI A 0.09%
ALK C 0.08%
UHAL D 0.08%
BRKR D 0.08%
STAG F 0.08%
NDSN B 0.08%
AFG A 0.08%
ARW D 0.08%
AXTA A 0.08%
FBIN D 0.08%
R B 0.08%
BRBR A 0.08%
IPGP D 0.07%
ASH D 0.07%
TTEK F 0.07%
HSIC B 0.07%
MDU D 0.07%
KEX C 0.07%
NXST C 0.07%
CRI D 0.07%
CBSH A 0.07%
CRL C 0.07%
CHH A 0.07%
VOYA B 0.07%
OGN D 0.07%
DNB B 0.06%
CXT B 0.06%
ESI A 0.06%
ESAB B 0.06%
XRAY F 0.06%
AAP C 0.06%
BC C 0.06%
PB A 0.06%
CNH C 0.06%
MORN B 0.06%
NSA D 0.06%
LFUS F 0.06%
SN D 0.06%
SITE D 0.06%
FLS B 0.06%
BEN C 0.06%
GO C 0.06%
ADC B 0.06%
VSTS C 0.06%
WH B 0.05%
TKR D 0.05%
FTRE D 0.05%
OZK B 0.05%
MSA D 0.05%
DINO D 0.05%
SNDR B 0.05%
REYN D 0.05%
WBA F 0.05%
KRC C 0.05%
CWEN C 0.04%
CGNX C 0.04%
SAM C 0.04%
AGR B 0.04%
WSC D 0.04%
FIVE F 0.04%
AMED F 0.04%
IRDM D 0.04%
BFAM D 0.04%
NWS B 0.04%
THG A 0.04%
FAF A 0.04%
AES F 0.04%
MIDD C 0.04%
FMC D 0.04%
LEG F 0.04%
HIW D 0.04%
WWD B 0.04%
EEFT B 0.04%
HUN F 0.04%
PAG B 0.03%
WLK D 0.03%
VIRT B 0.03%
HOG D 0.03%
GTES A 0.03%
OLLI D 0.03%
NVST B 0.03%
CWEN C 0.02%
LBRDA C 0.02%
ST F 0.02%
CNA B 0.02%
SEE C 0.02%
FHB A 0.02%
PPC C 0.02%
CACC D 0.02%
TNL A 0.02%
SEB F 0.02%
UAA C 0.01%
UHAL D 0.01%
UA C 0.01%
ONEV Underweight 123 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%
ABBV D -1.0%
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%
LLY F -0.76%
NEE D -0.73%
UNP C -0.73%
TJX A -0.73%
AMAT F -0.7%
MRK F -0.69%
TT A -0.69%
LMT D -0.69%
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%
UNH C -0.57%
DIS B -0.57%
SCHW B -0.56%
PFE D -0.56%
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%
CMG 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%
RTX C -0.44%
EOG A -0.43%
AXP A -0.43%
ALRM C -0.4%
WM A -0.38%
CME A -0.37%
BK A -0.36%
TDC D -0.35%
NOW A -0.34%
ANF C -0.33%
MEDP D -0.31%
TMUS B -0.29%
SKYW B -0.29%
SPGI C -0.28%
HWM A -0.27%
MSI B -0.26%
TMO F -0.26%
IDXX F -0.26%
NSC B -0.26%
FTNT C -0.24%
AMT D -0.24%
AMGN D -0.24%
BLK C -0.23%
LRCX F -0.23%
LHX C -0.23%
MGM D -0.22%
MMM D -0.22%
BIIB F -0.21%
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%
DASH A -0.12%
VEEV C -0.12%
BBWI D -0.11%
ROST C -0.1%
PLTK B -0.1%
ANET C -0.08%
DOC D -0.08%
ALL A -0.07%
BCC B -0.07%
MDLZ F -0.07%
TENB C -0.06%
LYFT C -0.06%
BLD D -0.05%
ORCL B -0.04%
SCCO F -0.04%
CVX A -0.02%
MHO D -0.02%
TWLO A -0.02%
UNM A -0.01%
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