SCHJ vs. FHEQ ETF Comparison

Comparison of HCM Defender 500 Index ETF (SCHJ) to Fidelity Hedged Equity ETF (FHEQ)

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.43

Average Daily Volume

89,713

Number of Holdings ^*

436

* 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

$27.81

Average Daily Volume

24,615

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	SCHJ	FHEQ
30 Days	-0.15%	1.30%
60 Days	-0.88%	3.66%
90 Days	0.18%	4.24%
12 Months	6.69%

99 Overlapping Holdings

Symbol	Grade	Weight in SCHJ	Weight in FHEQ	Overlap
AAPL	C	0.04%	7.31%	0.04%
ABBV	F	0.03%	1.0%	0.03%
ADBE	C	0.01%	0.93%	0.01%
ADP	A	0.05%	0.16%	0.05%
ALL	A	0.03%	0.07%	0.03%
ALLE	C	0.02%	0.44%	0.02%
AMAT	F	0.04%	0.7%	0.04%
AMGN	F	0.01%	0.24%	0.01%
AMT	C	0.01%	0.24%	0.01%
AMZN	C	0.04%	3.64%	0.04%
AVGO	D	0.02%	1.49%	0.02%
AXP	A	0.04%	0.43%	0.04%
BAC	A	0.03%	1.17%	0.03%
BDX	F	0.05%	0.59%	0.05%
BIIB	F	0.1%	0.21%	0.1%
BK	A	0.01%	0.36%	0.01%
BLK	B	0.07%	0.23%	0.07%
BMY	B	0.02%	0.68%	0.02%
C	A	0.03%	0.54%	0.03%
CAH	B	0.02%	0.4%	0.02%
CAT	B	0.02%	0.48%	0.02%
CI	D	0.02%	0.63%	0.02%
CL	D	0.0%	0.58%	0.0%
CLX	A	0.03%	0.2%	0.03%
CMCSA	B	0.01%	0.83%	0.01%
CME	B	0.07%	0.37%	0.07%
COST	A	0.0%	0.45%	0.0%
CRM	B	0.02%	1.09%	0.02%
CSCO	B	0.03%	0.79%	0.03%
CSX	C	0.01%	0.43%	0.01%
CVS	D	0.01%	0.22%	0.01%
CVX	A	0.02%	0.02%	0.02%
DIS	B	0.04%	0.57%	0.04%
DOC	C	0.0%	0.08%	0.0%
DVN	F	0.02%	0.53%	0.02%
EOG	A	0.02%	0.43%	0.02%
ETN	A	0.05%	0.15%	0.05%
FTNT	C	0.03%	0.24%	0.03%
GE	D	0.03%	0.45%	0.03%
GILD	C	0.07%	0.73%	0.07%
GOOGL	C	0.03%	2.02%	0.03%
HD	B	0.01%	1.32%	0.01%
JNJ	C	0.02%	0.61%	0.02%
JPM	A	0.02%	1.82%	0.02%
KLAC	F	0.07%	0.54%	0.07%
KR	B	0.02%	0.11%	0.02%
L	A	0.02%	0.07%	0.02%
LDOS	C	0.03%	0.32%	0.03%
LHX	C	0.03%	0.23%	0.03%
LLY	F	0.02%	0.76%	0.02%
LMT	D	0.02%	0.69%	0.02%
LRCX	F	0.01%	0.23%	0.01%
MA	B	0.04%	1.34%	0.04%
MDLZ	F	0.03%	0.07%	0.03%
MMC	B	0.02%	0.52%	0.02%
MMM	D	0.02%	0.22%	0.02%
MRK	D	0.05%	0.69%	0.05%
MS	A	0.03%	0.16%	0.03%
MSFT	D	0.05%	5.64%	0.05%
MSI	B	0.03%	0.26%	0.03%
MU	D	0.03%	0.47%	0.03%
NEE	C	0.0%	0.73%	0.0%
NOC	D	0.04%	0.56%	0.04%
NSC	B	0.0%	0.26%	0.0%
NUE	C	0.02%	0.32%	0.02%
NVDA	B	0.03%	7.27%	0.03%
OGE	A	0.01%	0.01%	0.01%
ORCL	A	0.06%	0.04%	0.04%
PCAR	B	0.0%	0.42%	0.0%
PFE	F	0.03%	0.56%	0.03%
PG	C	0.02%	0.87%	0.02%
PM	B	0.02%	0.92%	0.02%
PPG	F	0.01%	0.34%	0.01%
PSA	C	0.01%	0.19%	0.01%
PYPL	B	0.03%	0.54%	0.03%
QCOM	F	0.02%	0.84%	0.02%
ROST	D	0.02%	0.1%	0.02%
RSG	A	0.01%	0.2%	0.01%
RTX	D	0.02%	0.44%	0.02%
SCCO	F	0.0%	0.04%	0.0%
SCHW	B	0.01%	0.56%	0.01%
SPG	A	0.02%	0.16%	0.02%
SPGI	C	0.04%	0.28%	0.04%
T	A	0.01%	0.67%	0.01%
TJX	A	0.02%	0.73%	0.02%
TMO	F	0.03%	0.26%	0.03%
TMUS	B	0.06%	0.29%	0.06%
TT	A	0.03%	0.69%	0.03%
TXT	D	0.0%	0.51%	0.0%
UNH	B	0.01%	0.57%	0.01%
UNM	A	0.02%	0.01%	0.01%
UNP	C	0.0%	0.73%	0.0%
V	A	0.09%	0.47%	0.09%
VZ	C	0.02%	0.18%	0.02%
WFC	A	0.02%	0.15%	0.02%
WM	B	0.02%	0.38%	0.02%
WMT	A	0.03%	0.8%	0.03%
XEL	A	0.02%	0.21%	0.02%
XOM	B	0.03%	1.54%	0.03%

SCHJ Overweight 337 Positions Relative to FHEQ

Symbol	Grade	Weight
HPQ	B	0.1%
CARR	C	0.1%
MDT	D	0.1%
COP	C	0.09%
BABA	D	0.09%
DD	C	0.09%
TAP	C	0.08%
OTIS	C	0.07%
STLA	F	0.07%
NI	A	0.06%
WBA	F	0.06%
CHTR	C	0.06%
KO	D	0.05%
RF	A	0.05%
MCHP	F	0.05%
SJM	D	0.05%
EMN	C	0.05%
SF	B	0.05%
HRL	D	0.05%
ATO	A	0.05%
VRSK	A	0.05%
TGT	F	0.05%
BERY	C	0.05%
SYF	B	0.05%
DLTR	F	0.05%
GS	A	0.05%
ITW	B	0.04%
UHS	D	0.04%
DXC	B	0.04%
NTRS	A	0.04%
CMA	B	0.04%
BHP	F	0.04%
PPL	A	0.04%
FDX	B	0.04%
MLM	C	0.04%
WLK	D	0.04%
JBHT	C	0.04%
DOW	F	0.04%
VFC	C	0.04%
PH	A	0.04%
HON	C	0.04%
MOS	F	0.04%
RPRX	D	0.04%
FOXA	A	0.04%
JEF	A	0.04%
GSK	F	0.04%
LUV	C	0.04%
SBUX	A	0.04%
HCA	F	0.04%
AIG	B	0.04%
DELL	B	0.04%
AMCR	C	0.03%
TPR	B	0.03%
FAF	A	0.03%
KEYS	A	0.03%
VMC	B	0.03%
HP	C	0.03%
THG	A	0.03%
DLR	B	0.03%
EA	A	0.03%
BWA	D	0.03%
PHM	D	0.03%
IFF	D	0.03%
SWKS	F	0.03%
EMR	B	0.03%
EQR	C	0.03%
KMPR	A	0.03%
HAS	D	0.03%
MAIN	A	0.03%
TEL	B	0.03%
RL	C	0.03%
GP	F	0.03%
ORI	A	0.03%
TME	D	0.03%
GWW	B	0.03%
BC	C	0.03%
LII	A	0.03%
JBL	C	0.03%
ED	C	0.03%
SNX	D	0.03%
AN	C	0.03%
MHK	D	0.03%
WB	D	0.03%
BAX	F	0.03%
CE	F	0.03%
FRT	B	0.03%
OPI	F	0.03%
FTV	C	0.03%
JD	D	0.03%
AWH	F	0.03%
JCI	B	0.03%
IP	A	0.03%
PVH	C	0.03%
JHG	B	0.03%
VNT	C	0.03%
BKU	A	0.03%
VRSN	C	0.03%
CNO	B	0.03%
KEY	B	0.03%
SWK	D	0.03%
DG	F	0.03%
MKC	C	0.03%
DGX	A	0.03%
FANG	C	0.03%
EBAY	D	0.03%
EVRG	A	0.03%
AVT	C	0.03%
ALLY	C	0.03%
HAL	C	0.03%
MPC	D	0.03%
VLO	C	0.03%
WMB	A	0.03%
LVS	B	0.03%
EPD	A	0.03%
EXC	C	0.03%
FIS	C	0.03%
ARCC	A	0.03%
BIDU	F	0.03%
USB	A	0.03%
HPE	B	0.03%
IBM	C	0.03%
HSBC	A	0.03%
TSLX	C	0.02%
TCPC	C	0.02%
FNB	A	0.02%
VLY	B	0.02%
SNV	C	0.02%
WAL	B	0.02%
ADI	D	0.02%
AIZ	A	0.02%
APD	A	0.02%
DOV	A	0.02%
LEG	F	0.02%
RGA	A	0.02%
KSS	F	0.02%
SBRA	C	0.02%
OCSL	F	0.02%
EQH	C	0.02%
GXO	B	0.02%
HTGC	D	0.02%
NEU	D	0.02%
BCSF	C	0.02%
CTVA	C	0.02%
PSEC	D	0.02%
AGO	B	0.02%
RNR	C	0.02%
HES	B	0.02%
TRMB	B	0.02%
ADM	D	0.02%
KRC	B	0.02%
TKR	D	0.02%
OC	A	0.02%
ADSK	A	0.02%
JNPR	D	0.02%
RS	B	0.02%
PNW	A	0.02%
ILMN	C	0.02%
G	B	0.02%
HRB	D	0.02%
RPM	A	0.02%
EL	F	0.02%
GBDC	D	0.02%
FHN	A	0.02%
CF	A	0.02%
STLD	B	0.02%
DAL	B	0.02%
LNC	C	0.02%
LNT	A	0.02%
HOG	D	0.02%
PKG	A	0.02%
HUBB	B	0.02%
LAZ	B	0.02%
BR	A	0.02%
GSBD	F	0.02%
TDY	B	0.02%
BKH	A	0.02%
VOYA	B	0.02%
SLG	B	0.02%
PFG	D	0.02%
WPC	C	0.02%
MRVL	B	0.02%
ROK	C	0.02%
INTU	B	0.02%
BG	D	0.02%
NTAP	C	0.02%
SHW	B	0.02%
AON	A	0.02%
KMB	C	0.02%
A	D	0.02%
HII	F	0.02%
MCO	B	0.02%
LYB	F	0.02%
H	B	0.02%
ARE	F	0.02%
DHI	F	0.02%
CNP	A	0.02%
CNA	C	0.02%
NNN	C	0.02%
UAL	A	0.02%
EQIX	A	0.02%
WEC	A	0.02%
AWK	C	0.02%
R	B	0.02%
HBAN	A	0.02%
SRE	A	0.02%
WAB	B	0.02%
SITC	D	0.02%
ORLY	B	0.02%
CFG	B	0.02%
NDAQ	A	0.02%
LEN	D	0.02%
EXPE	B	0.02%
BKNG	A	0.02%
PEG	A	0.02%
D	C	0.02%
ABT	B	0.02%
AMP	A	0.02%
LH	B	0.02%
SYK	B	0.02%
AGR	A	0.02%
K	A	0.02%
ETR	B	0.02%
CNH	C	0.02%
MET	A	0.02%
NXPI	D	0.02%
HST	C	0.02%
GLPI	C	0.02%
STZ	D	0.02%
MO	A	0.02%
GPN	B	0.02%
CM	A	0.02%
TSN	B	0.02%
DUK	C	0.02%
ICE	C	0.02%
AL	B	0.02%
SYY	D	0.02%
UPS	C	0.02%
SLB	C	0.02%
GD	D	0.02%
VOD	F	0.02%
KDP	F	0.02%
PNC	B	0.02%
MAR	A	0.02%
BXP	C	0.02%
AER	A	0.02%
BNS	A	0.02%
DB	D	0.02%
OMC	C	0.02%
PEP	F	0.02%
ZTS	D	0.02%
CB	C	0.02%
PCG	A	0.02%
TFC	A	0.02%
DFS	B	0.02%
RY	A	0.02%
MUFG	B	0.02%
NWG	A	0.02%
INTC	C	0.02%
CHD	A	0.01%
NEM	D	0.01%
BEN	C	0.01%
VNO	C	0.01%
FE	C	0.01%
BRO	B	0.01%
ALB	B	0.01%
PDM	D	0.01%
ARW	D	0.01%
CSL	C	0.01%
MAA	B	0.01%
O	C	0.01%
OHI	C	0.01%
EFX	F	0.01%
ROP	B	0.01%
AEP	C	0.01%
AFL	B	0.01%
CP	F	0.01%
DHR	F	0.01%
NKE	F	0.01%
WEST	C	0.01%
MTB	A	0.01%
ES	C	0.01%
AVB	B	0.01%
CPB	D	0.01%
HSY	F	0.01%
AMG	B	0.01%
OGS	A	0.01%
PAA	B	0.01%
APTV	F	0.01%
HUM	C	0.01%
MCK	A	0.01%
KMI	A	0.01%
VTR	B	0.01%
NFG	A	0.01%
PRU	A	0.01%
CAG	F	0.01%
GIS	D	0.01%
DTE	C	0.01%
LOW	C	0.01%
STT	B	0.01%
CCI	C	0.01%
FITB	B	0.01%
PSX	C	0.01%
BMO	A	0.01%
TD	D	0.01%
COF	C	0.01%
AZN	F	0.01%
MCD	D	0.01%
GM	C	0.01%
ZBH	C	0.01%
BA	F	0.01%
FCNCA	A	0.0%
CTRA	B	0.0%
CMS	C	0.0%
AEE	A	0.0%
CMI	A	0.0%
KIM	A	0.0%
WHR	B	0.0%
FLEX	B	0.0%
CUBE	C	0.0%
APH	A	0.0%
AZO	C	0.0%
ESS	B	0.0%
BDN	C	0.0%
BRX	A	0.0%
WU	F	0.0%
IVZ	B	0.0%
TXN	C	0.0%
LIN	C	0.0%
OKE	A	0.0%
WELL	A	0.0%
BSX	A	0.0%
EIX	B	0.0%
AES	F	0.0%
FSK	A	0.0%
MPLX	A	0.0%
DE	B	0.0%
SO	C	0.0%

SCHJ Underweight 69 Positions Relative to FHEQ

Symbol	Grade	Weight
META	D	-2.87%
BRK.A	B	-2.19%
GOOG	C	-1.74%
TSLA	B	-1.26%
NFLX	A	-1.26%
CTAS	B	-0.66%
PGR	A	-0.63%
ECL	D	-0.62%
SQ	A	-0.59%
SEIC	B	-0.54%
ZM	C	-0.52%
CVNA	B	-0.52%
DBX	B	-0.51%
MSCI	C	-0.49%
CMG	B	-0.49%
TRV	B	-0.49%
ZBRA	B	-0.47%
IGT	F	-0.45%
EXEL	B	-0.43%
ALRM	C	-0.4%
TDC	D	-0.35%
NOW	A	-0.34%
ANF	F	-0.33%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	C	-0.29%
HWM	A	-0.27%
INCY	C	-0.27%
IDXX	F	-0.26%
TROW	B	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
GL	C	-0.2%
GAP	C	-0.18%
DOCU	B	-0.18%
HLT	A	-0.18%
GEHC	D	-0.17%
LNW	F	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
PEGA	B	-0.16%
F	C	-0.15%
TPH	D	-0.15%
UBER	F	-0.14%
GEN	B	-0.13%
DASH	B	-0.12%
VEEV	C	-0.12%
CINF	A	-0.12%
SOLV	D	-0.12%
NBIX	C	-0.11%
BBWI	C	-0.11%
QRVO	F	-0.11%
VST	A	-0.11%
PLTK	B	-0.1%
MKL	A	-0.09%
BAH	F	-0.09%
ANET	C	-0.08%
BCC	B	-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%
LPLA	A	-0.03%
MHO	D	-0.02%
TWLO	A	-0.02%
NWL	C	-0.01%