FDD vs FHEQ

Comparison between FIRST TRUST STOXX EUROPEAN SELECT DIVIDEND INDEX FUND (FDD, ETF) and FIDELITY HEDGED EQUITY ETF (FHEQ, ETF).

FDD vs FHEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDD(ETF)	FHEQ(ETF)
Net Assets	$884M	$884M
Expense Ratio	0.56%	0.48%
Max Drawdown	76.57%	11.49%
Sharpe Ratio	1.72	1.33
5Y Beta	0.65	0.58
P/E Ratio	N/A	26.10
Forward P/E	N/A	20.27
PEG Ratio	N/A	0.24
5Y Dividends CAGR	7.48%	N/A
5Y EPS CAGR	N/A	29.17%
Debt to Equity	N/A	48.65%
P/S Ratio	N/A	3.70
P/B Ratio	N/A	5.51

Net Assets

Winner

FDD

$884M

FHEQ

$884M

Expense Ratio

FDD

0.56%

Winner

FHEQ

0.48%

Max Drawdown

FDD

76.57%

Winner

FHEQ

11.49%

Sharpe Ratio

Winner

FDD

1.72

FHEQ

1.33

5Y Beta

FDD

0.65

Winner

FHEQ

0.58

P/E Ratio

FDD

N/A

FHEQ

26.10

Forward P/E

FDD

N/A

FHEQ

20.27

PEG Ratio

FDD

N/A

FHEQ

0.24

5Y Dividends CAGR

FDD

7.48%

FHEQ

N/A

5Y EPS CAGR

FDD

N/A

FHEQ

29.17%

Debt to Equity

FDD

N/A

FHEQ

48.65%

P/S Ratio

FDD

N/A

FHEQ

3.70

P/B Ratio

FDD

N/A

FHEQ

5.51

FDD vs FHEQ - Holdings Comparison

FDD and FHEQ have 1 common holdings. Overlap is -0.21%

FDD's top 25 holdings weight is 89.11%. FHEQ's top 25 holdings weight is 57.38%.

Rank	FDD	FHEQ
#1	LEGAL & GENERAL GROUP PLC (n/a) - 5.70%	NVIDIA CORP (NVDA) - 8.62%
#2	TELEPERFORMANCE SE (n/a) - 5.19%	APPLE INC (AAPL) - 7.46%
#3	SIGNIFY NV (n/a) - 5.02%	MICROSOFT CORP (MSFT) - 4.91%
#4	AKER BP ASA (n/a) - 4.59%	AMAZON.COM INC (AMZN) - 4.03%
#5	TAYLOR WIMPEY PLC (n/a) - 4.33%	BROADCOM INC (AVGO) - 3.78%
#6	INVESTEC PLC (n/a) - 4.27%	ALPHABET INC CLASS A (GOOGL) - 3.43%
#7	AEGON LTD (n/a) - 4.16%	ALPHABET INC CLASS C (GOOG) - 2.55%
#8	ABN AMRO BANK NV (n/a) - 3.74%	MICRON TECHNOLOGY INC (MU) - 2.21%
#9	B&M EUROPEAN VALUE RETAIL PLC (n/a) - 3.61%	META PLATFORMS INC CLASS A (META) - 2.14%
#10	NATWEST GROUP PLC (n/a) - 3.53%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.78%
#11	ASR NEDERLAND NV (n/a) - 3.31%	JPMORGAN CHASE & CO (JPM) - 1.53%
#12	NN GROUP NV (n/a) - 3.30%	ELI LILLY AND CO (LLY) - 1.50%
#13	COVIVIO SA (n/a) - 3.26%	FIDELITY CASH CENTRAL FUND (n/a) - 1.46%
#14	RIO TINTO PLC ORDINARY SHARES (n/a) - 3.19%	TESLA INC (TSLA) - 1.28%
#15	POSTE ITALIANE SPA (n/a) - 3.14%	CISCO SYSTEMS INC (CSCO) - 1.28%
#16	HSBC HOLDINGS PLC (n/a) - 3.04%	EXXON MOBIL CORP (XOM) - 1.14%
#17	ORLEN SA (n/a) - 3.03%	LAM RESEARCH CORP (LRCX) - 1.12%
#18	VOLKSWAGEN AG PARTICIPATING PREFERRED (n/a) - 2.94%	MASTERCARD INC CLASS A (MA) - 1.02%
#19	CREDIT AGRICOLE SA (n/a) - 2.91%	GE AEROSPACE (GE) - 1.02%
#20	RUBIS SCA SHS FROM SPLIT (n/a) - 2.88%	ABBVIE INC (ABBV) - 0.98%
#21	SCOR SE ACT. PROV. REGPT. (n/a) - 2.87%	MORGAN STANLEY (MS) - 0.91%
#22	BNP PARIBAS ACT. CAT.A (n/a) - 2.87%	AMPHENOL CORP CLASS A (APH) - 0.84%
#23	ING GROEP NV (n/a) - 2.82%	INTEL CORP (INTC) - 0.83%
#24	AGEAS SA/ NV (n/a) - 2.78%	LINDE PLC (LIN) - 0.81%
#25	MERCEDES-BENZ GROUP AG (n/a) - 2.63%	FORTINET INC (FTNT) - 0.75%
Total Holdings	36	168

FDD vs FHEQ - Historical Returns

Returns include dividend reinvestment.

Period	FDD	FHEQ
1 month	+2.43%	+0.30%
3 months	+13.92%	+9.34%
6 months	+17.76%	+6.58%
1 year	+33.46%	+17.28%
5 years(CAGR)	+11.31%	N/A
10 years(CAGR)	+10.72%	N/A
Max(CAGR)	+2.60%	+14.30%

Winner

FDD

+2.43%

FHEQ

+0.30%

Winner

FDD

+13.92%

FHEQ

+9.34%

Winner

FDD

+17.76%

FHEQ

+6.58%

Winner

FDD

+33.46%

FHEQ

+17.28%

5Y(CAGR)

FDD

+11.31%

FHEQ

N/A

10Y(CAGR)

FDD

+10.72%

FHEQ

N/A

Max(CAGR)

FDD

+2.60%

Winner

FHEQ

+14.30%

FDD vs FHEQ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FDD	FHEQ
2026	+11.74%	+6.58%
2025	+63.19%	+13.41%
2024	+0.98%	+10.57%
2023	+11.77%	N/A
2022	-16.60%	N/A
2021	+14.76%	N/A
2020	-4.96%	N/A
2019	+24.34%	N/A
2018	-9.47%	N/A
2017	+18.18%	N/A
2016	+3.66%	N/A
2015	-2.13%	N/A
2014	-0.26%	N/A
2013	+17.15%	N/A
2012	+9.83%	N/A
2011	-9.86%	N/A
2010	-1.26%	N/A
2009	+31.14%	N/A
2008	-60.17%	N/A
2007	+1.65%	N/A

FDD vs FHEQ Drawdown Comparison

The maximum drawdown for FDD was -74.73%, occurring on Mar 9, 2009. Recovery took 4371 trading sessions.

The maximum drawdown for FHEQ was -11.12%, occurring on Apr 21, 2025. Recovery took 134 trading sessions.

The current FDD drawdown is -0.40%. The current FHEQ drawdown is -2.49%.

Rank	FDD	FHEQ
#1	-74.73% Oct 31, 2007 - Mar 18, 2025	-11.12% Dec 6, 2024 - Jun 24, 2025
#2	-12.90% Mar 18, 2025 - Apr 22, 2025	-7.77% Feb 2, 2026 - Apr 17, 2026
#3	-9.39% Feb 26, 2026 - Apr 13, 2026	-5.40% Jul 16, 2024 - Aug 23, 2024
#4	-5.39% Jul 23, 2025 - Aug 12, 2025	-4.31% Oct 28, 2025 - Dec 11, 2025
#5	-5.18% Sep 4, 2007 - Sep 27, 2007	-4.09% Jun 2, 2026 - Jun 10, 2026
#6	-5.10% Aug 22, 2025 - Nov 11, 2025	-3.60% Aug 23, 2024 - Sep 19, 2024
#7	-4.87% Nov 13, 2025 - Dec 2, 2025	-3.13% Apr 11, 2024 - May 14, 2024
#8	-4.69% Oct 9, 2007 - Oct 29, 2007	-2.44% Oct 6, 2025 - Oct 24, 2025
#9	-3.97% May 26, 2026 - Jun 10, 2026	-2.30% Dec 24, 2025 - Feb 2, 2026
#10	-3.62% Apr 17, 2026 - May 6, 2026	-2.10% Oct 14, 2024 - Nov 6, 2024
#11	-2.47% Jul 9, 2025 - Jul 22, 2025	-2.03% Nov 11, 2024 - Dec 2, 2024
#12	-2.43% Jan 29, 2026 - Feb 9, 2026	-2.01% Dec 11, 2025 - Dec 24, 2025
#13	-1.88% Oct 5, 2007 - Oct 9, 2007	-1.84% Jul 25, 2025 - Aug 8, 2025
#14	-1.70% Feb 9, 2026 - Feb 20, 2026	-1.71% May 14, 2026 - May 26, 2026
#15	-1.57% Oct 1, 2007 - Oct 5, 2007	-1.40% Aug 28, 2025 - Sep 9, 2025

Correlation

Correlation between FDD and FHEQ is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2007 - 2026)

FDD vs FHEQ dividend yield comparison.

Year	FDD	FHEQ
2026	0.31%	0.18%
2025	3.99%	0.63%
2024	7.65%	0.50%
2023	6.85%	0.00%
2022	6.07%	0.00%
2021	3.44%	0.00%
2020	4.01%	0.00%
2019	4.69%	0.00%
2018	5.05%	0.00%
2017	2.78%	0.00%
2016	4.88%	0.00%
2015	4.35%	0.00%
2014	4.30%	0.00%
2013	3.62%	0.00%
2012	4.96%	0.00%
2011	5.58%	0.00%
2010	4.10%	0.00%
2009	3.54%	0.00%
2008	10.79%	0.00%
2007	0.80%	0.00%