FHEQ vs IBTK

Comparison between FIDELITY HEDGED EQUITY ETF (FHEQ, ETF) and ISHARES IBONDS DEC 2030 TERM TREASURY ETF (IBTK, ETF).

FHEQ vs IBTK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHEQ(ETF)	IBTK(ETF)
Net Assets	$897M	$896M
Expense Ratio	0.48%	0.07%
Max Drawdown	11.49%	86.51%
Sharpe Ratio	1.14	-0.43
5Y Beta	0.58	-0.02
P/E Ratio	26.60	N/A
Forward P/E	19.87	N/A
PEG Ratio	0.20	N/A
5Y Dividends CAGR	N/A	40.47%
5Y EPS CAGR	28.12%	N/A
Debt to Equity	40.72%	N/A
P/S Ratio	3.82	N/A
P/B Ratio	5.40	N/A

Net Assets

Winner

FHEQ

$897M

IBTK

$896M

Expense Ratio

FHEQ

0.48%

Winner

IBTK

0.07%

Max Drawdown

Winner

FHEQ

11.49%

IBTK

86.51%

Sharpe Ratio

Winner

FHEQ

1.14

IBTK

-0.43

5Y Beta

FHEQ

0.58

Winner

IBTK

-0.02

P/E Ratio

FHEQ

26.60

IBTK

N/A

Forward P/E

FHEQ

19.87

IBTK

N/A

PEG Ratio

FHEQ

0.20

IBTK

N/A

5Y Dividends CAGR

FHEQ

N/A

IBTK

40.47%

5Y EPS CAGR

FHEQ

28.12%

IBTK

N/A

Debt to Equity

FHEQ

40.72%

IBTK

N/A

P/S Ratio

FHEQ

3.82

IBTK

N/A

P/B Ratio

FHEQ

5.40

IBTK

N/A

FHEQ vs IBTK - Historical Returns

Returns include dividend reinvestment.

Period	FHEQ	IBTK
1 month	+0.85%	+0.10%
3 months	+6.48%	-0.64%
6 months	+8.84%	-0.14%
1 year	+15.66%	+2.27%
5 years(CAGR)	N/A	-1.15%
Max(CAGR)	+14.40%	-1.61%

Winner

FHEQ

+0.85%

IBTK

+0.10%

Winner

FHEQ

+6.48%

IBTK

-0.64%

Winner

FHEQ

+8.84%

IBTK

-0.14%

Winner

FHEQ

+15.66%

IBTK

+2.27%

5Y(CAGR)

FHEQ

N/A

IBTK

-1.15%

Max(CAGR)

Winner

FHEQ

+14.40%

IBTK

-1.61%

FHEQ vs IBTK - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	FHEQ	IBTK
2026	+8.35%	-0.34%
2025	+13.41%	+7.43%
2024	+10.57%	+1.48%
2023	N/A	+3.37%
2022	N/A	-13.82%
2021	N/A	-3.58%
2020	N/A	-1.90%

FHEQ vs IBTK Drawdown Comparison

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

The maximum drawdown for IBTK was -86.47%, occurring on Dec 23, 2020. This drawdown has not yet recovered.

The current FHEQ drawdown is -0.88%. The current IBTK drawdown is -9.92%.

Rank	FHEQ	IBTK
#1	-11.12% Dec 6, 2024 - Jun 24, 2025	-86.47% Jul 30, 2020 - Dec 23, 2020
#2	-7.77% Feb 2, 2026 - Apr 17, 2026	-0.08% Jul 20, 2020 - Jul 24, 2020
#3	-5.40% Jul 16, 2024 - Aug 23, 2024	N/A
#4	-4.31% Oct 28, 2025 - Dec 11, 2025	N/A
#5	-4.09% Jun 2, 2026 - Jun 10, 2026	N/A
#6	-3.60% Aug 23, 2024 - Sep 19, 2024	N/A
#7	-3.13% Apr 11, 2024 - May 14, 2024	N/A
#8	-2.44% Oct 6, 2025 - Oct 24, 2025	N/A
#9	-2.30% Dec 24, 2025 - Feb 2, 2026	N/A
#10	-2.10% Oct 14, 2024 - Nov 6, 2024	N/A
#11	-2.03% Nov 11, 2024 - Dec 2, 2024	N/A
#12	-2.01% Dec 11, 2025 - Dec 24, 2025	N/A
#13	-1.84% Jul 25, 2025 - Aug 8, 2025	N/A
#14	-1.71% May 14, 2026 - May 26, 2026	N/A
#15	-1.40% Aug 28, 2025 - Sep 9, 2025	N/A