FHEQ vs DJP

Comparison between FIDELITY HEDGED EQUITY ETF (FHEQ, ETF) and iPath Bloomberg Commodity Index Total Return ETN (DJP, ETF).

FHEQ vs DJP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHEQ(ETF)	DJP(ETF)
Net Assets	$929M	$935M
Expense Ratio	0.48%	0.70%
Max Drawdown	11.49%	78.35%
Sharpe Ratio	1.13	1.96
5Y Beta	0.59	0.13
P/E Ratio	24.81	N/A
Forward P/E	20.05	N/A
PEG Ratio	0.18	N/A
5Y EPS CAGR	33.39%	N/A
Debt to Equity	42.82%	N/A
P/S Ratio	4.21	N/A
P/B Ratio	5.90	N/A

Net Assets

FHEQ

$929M

Winner

DJP

$935M

Expense Ratio

Winner

FHEQ

0.48%

DJP

0.70%

Max Drawdown

Winner

FHEQ

11.49%

DJP

78.35%

Sharpe Ratio

FHEQ

1.13

Winner

DJP

1.96

5Y Beta

FHEQ

0.59

Winner

DJP

0.13

P/E Ratio

FHEQ

24.81

DJP

N/A

Forward P/E

FHEQ

20.05

DJP

N/A

PEG Ratio

FHEQ

0.18

DJP

N/A

5Y EPS CAGR

FHEQ

33.39%

DJP

N/A

Debt to Equity

FHEQ

42.82%

DJP

N/A

P/S Ratio

FHEQ

4.21

DJP

N/A

P/B Ratio

FHEQ

5.90

DJP

N/A

FHEQ vs DJP - Historical Returns

Returns include dividend reinvestment.

Period	FHEQ	DJP
1 month	+1.70%	+5.68%
3 months	+2.91%	+1.57%
6 months	+10.48%	+20.84%
1 year	+16.43%	+49.54%
5 years(CAGR)	N/A	+14.25%
10 years(CAGR)	N/A	+7.93%
Max(CAGR)	+14.67%	+0.21%

FHEQ

+1.70%

Winner

DJP

+5.68%

Winner

FHEQ

+2.91%

DJP

+1.57%

FHEQ

+10.48%

Winner

DJP

+20.84%

FHEQ

+16.43%

Winner

DJP

+49.54%

5Y(CAGR)

FHEQ

N/A

DJP

+14.25%

10Y(CAGR)

FHEQ

N/A

DJP

+7.93%

Max(CAGR)

Winner

FHEQ

+14.67%

DJP

+0.21%

FHEQ vs DJP - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	FHEQ	DJP
2026	+10.19%	+34.38%
2025	+13.41%	+16.15%
2024	+10.57%	+6.33%
2023	N/A	-7.71%
2022	N/A	+16.89%
2021	N/A	+29.92%
2020	N/A	-4.33%
2019	N/A	+7.53%
2018	N/A	-13.67%
2017	N/A	+2.61%
2016	N/A	+13.81%
2015	N/A	-27.59%
2014	N/A	-18.30%
2013	N/A	-11.27%
2012	N/A	-4.42%
2011	N/A	-14.13%
2010	N/A	+13.97%
2009	N/A	+16.26%
2008	N/A	-39.03%
2007	N/A	+18.96%
2006	N/A	+0.80%

FHEQ vs DJP Drawdown Comparison

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

The maximum drawdown for DJP was -78.35%, occurring on Apr 21, 2020. This drawdown has not yet recovered.

The current FHEQ drawdown is -1.76%. The current DJP drawdown is -30.78%.

Rank	FHEQ	DJP
#1	-11.12% Dec 6, 2024 - Jun 24, 2025	-78.35% Jul 2, 2008 - Apr 21, 2020
#2	-7.77% Feb 2, 2026 - Apr 17, 2026	-10.49% Mar 13, 2008 - May 21, 2008
#3	-5.40% Jul 16, 2024 - Aug 23, 2024	-10.48% Nov 30, 2006 - Feb 26, 2007
#4	-4.31% Oct 28, 2025 - Dec 11, 2025	-8.29% Jun 15, 2007 - Sep 18, 2007
#5	-4.09% Jun 2, 2026 - Aug 3, 2026	-6.22% Jan 14, 2008 - Feb 8, 2008
#6	-3.60% Aug 23, 2024 - Sep 19, 2024	-4.79% Feb 26, 2007 - Apr 10, 2007
#7	-3.13% Apr 11, 2024 - May 14, 2024	-4.53% Nov 6, 2007 - Dec 26, 2007
#8	-2.44% Oct 6, 2025 - Oct 24, 2025	-4.42% May 21, 2008 - Jun 6, 2008
#9	-2.30% Dec 24, 2025 - Feb 2, 2026	-4.18% Sep 27, 2007 - Oct 18, 2007
#10	-2.11% Aug 13, 2026 - Aug 20, 2026	-3.41% Mar 5, 2008 - Mar 13, 2008
#11	-2.10% Oct 14, 2024 - Nov 6, 2024	-3.38% Nov 9, 2006 - Nov 24, 2006
#12	-2.03% Nov 11, 2024 - Dec 2, 2024	-3.22% Jun 4, 2007 - Jun 15, 2007
#13	-2.01% Dec 11, 2025 - Dec 24, 2025	-2.67% May 21, 2007 - Jun 4, 2007
#14	-1.84% Jul 25, 2025 - Aug 8, 2025	-2.17% Jun 6, 2008 - Jun 11, 2008
#15	-1.71% May 14, 2026 - May 26, 2026	-2.08% Mar 3, 2008 - Mar 5, 2008