FEAC vs SETH

Comparison between FIDELITY ENHANCED U.S. ALL-CAP EQUITY ETF (FEAC, ETF) and ProShares Short Ether ETF (SETH, ETF).

FEAC vs SETH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEAC(ETF)	SETH(ETF)
Net Assets	$20M	$20M
Expense Ratio	0.18%	0.95%
Max Drawdown	19.30%	81.90%
Sharpe Ratio	1.57	0.47
5Y Beta	0.98	-2.10
P/E Ratio	29.33	N/A
Forward P/E	19.52	N/A
5Y EPS CAGR	29.64%	N/A
Debt to Equity	41.58%	N/A
P/S Ratio	2.90	N/A
P/B Ratio	4.90	N/A

Net Assets

Winner

FEAC

$20M

SETH

$20M

Expense Ratio

Winner

FEAC

0.18%

SETH

0.95%

Max Drawdown

Winner

FEAC

19.30%

SETH

81.90%

Sharpe Ratio

Winner

FEAC

1.57

SETH

0.47

5Y Beta

FEAC

0.98

Winner

SETH

-2.10

P/E Ratio

FEAC

29.33

SETH

N/A

Forward P/E

FEAC

19.52

SETH

N/A

5Y EPS CAGR

FEAC

29.64%

SETH

N/A

Debt to Equity

FEAC

41.58%

SETH

N/A

P/S Ratio

FEAC

2.90

SETH

N/A

P/B Ratio

FEAC

4.90

SETH

N/A

FEAC vs SETH - Historical Returns

Returns include dividend reinvestment.

Period	FEAC	SETH
1 month	+1.39%	+33.45%
3 months	+12.59%	+17.77%
6 months	+10.60%	+54.28%
1 year	+26.01%	+8.31%
Max(CAGR)	+17.04%	-28.82%

FEAC

+1.39%

Winner

SETH

+33.45%

FEAC

+12.59%

Winner

SETH

+17.77%

FEAC

+10.60%

Winner

SETH

+54.28%

Winner

FEAC

+26.01%

SETH

+8.31%

Max(CAGR)

Winner

FEAC

+17.04%

SETH

-28.82%

FEAC vs SETH - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	FEAC	SETH
2026	+9.93%	+58.04%
2025	+18.11%	-26.97%
2024	-1.69%	-48.29%
2023	N/A	-22.80%

FEAC vs SETH Drawdown Comparison

The maximum drawdown for FEAC was -18.96%, occurring on Apr 8, 2025. Recovery took 137 trading sessions.

The maximum drawdown for SETH was -80.73%, occurring on Oct 6, 2025. This drawdown has not yet recovered.

The current FEAC drawdown is -2.59%. The current SETH drawdown is -58.82%.

Rank	FEAC	SETH
#1	-18.96% Dec 5, 2024 - Jun 26, 2025	-80.73% Nov 2, 2023 - Oct 6, 2025
#2	-8.14% Jan 27, 2026 - Apr 14, 2026	N/A
#3	-5.80% Oct 28, 2025 - Dec 10, 2025	N/A
#4	-4.43% Jun 2, 2026 - Jun 10, 2026	N/A
#5	-3.30% Oct 8, 2025 - Oct 21, 2025	N/A
#6	-2.73% Dec 11, 2025 - Dec 23, 2025	N/A
#7	-2.30% Jul 25, 2025 - Aug 8, 2025	N/A
#8	-2.14% Jan 12, 2026 - Jan 27, 2026	N/A
#9	-2.05% May 14, 2026 - May 26, 2026	N/A
#10	-1.75% Aug 14, 2025 - Aug 27, 2025	N/A
#11	-1.56% Sep 22, 2025 - Oct 1, 2025	N/A
#12	-1.32% Aug 28, 2025 - Sep 8, 2025	N/A
#13	-1.31% Dec 24, 2025 - Jan 6, 2026	N/A
#14	-1.07% Jul 3, 2025 - Jul 23, 2025	N/A
#15	-0.91% Oct 21, 2025 - Oct 24, 2025	N/A

Correlation

Correlation between FEAC and SETH is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

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