FHEQ vs AMDL
Comparison between FIDELITY HEDGED EQUITY ETF (FHEQ, ETF) and GRANITESHARES 2X LONG AMD DAILY ETF (AMDL, ETF).
FHEQ vs AMDL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FHEQ
$929M
AMDL
$929M
Expense Ratio
FHEQ
0.48%
AMDL
N/A
Max Drawdown
Winner
FHEQ
11.49%
AMDL
88.63%
Sharpe Ratio
FHEQ
1.13
Winner
AMDL
1.72
5Y Beta
Winner
FHEQ
0.59
AMDL
4.63
P/E Ratio
FHEQ
24.81
AMDL
N/A
Forward P/E
FHEQ
20.05
AMDL
N/A
PEG Ratio
FHEQ
0.18
AMDL
N/A
5Y EPS CAGR
FHEQ
33.39%
AMDL
N/A
Debt to Equity
FHEQ
42.82%
AMDL
N/A
P/S Ratio
FHEQ
4.21
AMDL
N/A
P/B Ratio
FHEQ
5.90
AMDL
N/A
FHEQ vs AMDL - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FHEQ
+1.70%
AMDL
-28.83%
3M
Winner
FHEQ
+2.91%
AMDL
-7.59%
6M
FHEQ
+10.48%
Winner
AMDL
+300.24%
1Y
FHEQ
+16.43%
Winner
AMDL
+357.95%
Max(CAGR)
FHEQ
+14.67%
Winner
AMDL
+31.48%
FHEQ vs AMDL - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | FHEQ | AMDL |
|---|---|---|
| 2026 | +10.19% | +193.89% |
| 2025 | +13.41% | +103.53% |
| 2024 | +10.57% | -69.97% |
FHEQ vs AMDL Drawdown Comparison
The maximum drawdown for FHEQ was -11.12%, occurring on Apr 21, 2025. Recovery took 134 trading sessions.
The maximum drawdown for AMDL was -88.63%, occurring on Apr 8, 2025. Recovery took 525 trading sessions.
The current FHEQ drawdown is -1.76%. The current AMDL drawdown is -40.12%.
| Rank | FHEQ | AMDL |
|---|---|---|
| #1 | -11.12% Dec 6, 2024 - Jun 24, 2025 | -88.63% Mar 18, 2024 - Apr 22, 2026 |
| #2 | -7.77% Feb 2, 2026 - Apr 17, 2026 | -48.73% Jun 30, 2026 - Jul 29, 2026 |
| #3 | -5.40% Jul 16, 2024 - Aug 23, 2024 | -32.40% Jun 3, 2026 - Jun 30, 2026 |
| #4 | -4.31% Oct 28, 2025 - Dec 11, 2025 | -19.05% May 11, 2026 - May 22, 2026 |
| #5 | -4.09% Jun 2, 2026 - Aug 3, 2026 | -13.91% Apr 24, 2026 - Apr 30, 2026 |
| #6 | -3.60% Aug 23, 2024 - Sep 19, 2024 | -10.57% May 1, 2026 - May 6, 2026 |
| #7 | -3.13% Apr 11, 2024 - May 14, 2024 | -6.23% May 6, 2026 - May 8, 2026 |
| #8 | -2.44% Oct 6, 2025 - Oct 24, 2025 | -3.30% May 28, 2026 - Jun 2, 2026 |
| #9 | -2.30% Dec 24, 2025 - Feb 2, 2026 | -3.30% May 26, 2026 - May 28, 2026 |
| #10 | -2.11% Aug 13, 2026 - Aug 20, 2026 | N/A |
| #11 | -2.10% Oct 14, 2024 - Nov 6, 2024 | N/A |
| #12 | -2.03% Nov 11, 2024 - Dec 2, 2024 | N/A |
| #13 | -2.01% Dec 11, 2025 - Dec 24, 2025 | N/A |
| #14 | -1.84% Jul 25, 2025 - Aug 8, 2025 | N/A |
| #15 | -1.71% May 14, 2026 - May 26, 2026 | N/A |
Correlation
Correlation between FHEQ and AMDL is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.69
-101
Select Stocks to Compare
Popular: FHEQ vs SPYAMDL vs SPY
More Comparisons
Compare with similar stocks