FHEQ vs ULTY
Comparison between FIDELITY HEDGED EQUITY ETF (FHEQ, ETF) and YIELDMAX(R) ULTRA OPTION INCOME STRATEGY ETF (ULTY, ETF).
FHEQ vs ULTY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FHEQ
$897M
ULTY
$896M
Expense Ratio
Winner
FHEQ
0.48%
ULTY
1.30%
Max Drawdown
Winner
FHEQ
11.49%
ULTY
86.49%
Sharpe Ratio
Winner
FHEQ
1.14
ULTY
-0.51
5Y Beta
Winner
FHEQ
0.58
ULTY
1.24
P/E Ratio
FHEQ
26.60
Winner
ULTY
-12.17
Forward P/E
FHEQ
19.87
Winner
ULTY
14.66
PEG Ratio
FHEQ
0.20
ULTY
N/A
5Y EPS CAGR
FHEQ
28.12%
ULTY
N/A
Debt to Equity
Winner
FHEQ
40.72%
ULTY
49.95%
P/S Ratio
Winner
FHEQ
3.82
ULTY
5.29
P/B Ratio
FHEQ
5.40
Winner
ULTY
3.40
FHEQ vs ULTY - Holdings Comparison
FHEQ and ULTY have 1 common holdings. Overlap is -0.36%
FHEQ's top 25 holdings weight is 55.14%. ULTY's top 25 holdings weight is 98.40%.
| Rank | FHEQ | ULTY |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 7.69% | NEBIUS GROUP NV SHS CLASS-A- (NBIS) - 5.59% |
| #2 | APPLE INC (AAPL) - 7.43% | APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 5.54% |
| #3 | MICROSOFT CORP (MSFT) - 4.27% | UPSTART HOLDINGS INC ORDINARY SHARES (UPST) - 5.44% |
| #4 | AMAZON.COM INC (AMZN) - 3.94% | RIGETTI COMPUTING INC (RGTI) - 5.40% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 3.56% | IONQ INC CLASS A (IONQ) - 4.89% |
| #6 | BROADCOM INC (AVGO) - 3.04% | NUSCALE POWER CORP CLASS A (SMR) - 4.78% |
| #7 | ALPHABET INC CLASS C (GOOG) - 2.55% | STRATEGY CLASS A (MSTR) - 4.77% |
| #8 | META PLATFORMS INC CLASS A (META) - 2.25% | n/a (COIN) - 4.68% |
| #9 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.92% | MARA HOLDINGS INC (MARA) - 4.63% |
| #10 | JPMORGAN CHASE & CO (JPM) - 1.75% | INNODATA INC (INOD) - 4.27% |
| #11 | ELI LILLY AND CO (LLY) - 1.74% | REDDIT INC CLASS A SHARES (RDDT) - 4.24% |
| #12 | MICRON TECHNOLOGY INC (MU) - 1.74% | ROBINHOOD MARKETS INC CLASS A (HOOD) - 4.09% |
| #13 | FIDELITY CASH CENTRAL FUND (n/a) - 1.57% | n/a (GLXY) - 4.09% |
| #14 | TESLA INC (TSLA) - 1.24% | APPLIED OPTOELECTRONICS INC (AAOI) - 3.82% |
| #15 | MASTERCARD INC CLASS A (MA) - 1.15% | BITMINE IMMERSION TECHNOLOGIES INC (BMNR) - 3.58% |
| #16 | EXXON MOBIL CORP (XOM) - 1.10% | OKLO INC CLASS A SHARES (OKLO) - 3.53% |
| #17 | GE AEROSPACE (GE) - 1.10% | n/a (PLTR) - 3.45% |
| #18 | ABBVIE INC (ABBV) - 1.07% | SUPER MICRO COMPUTER INC (SMCI) - 3.33% |
| #19 | CISCO SYSTEMS INC (CSCO) - 1.01% | SNAP INC CLASS A (SNAP) - 3.14% |
| #20 | LAM RESEARCH CORP (LRCX) - 0.93% | n/a (ASTS) - 2.84% |
| #21 | INTEL CORP (INTC) - 0.86% | DEPOSITS WITH BROKER FOR SHORT POSITIONS (n/a) - 2.75% |
| #22 | RTX CORP (RTX) - 0.83% | US DOLLARS (n/a) - 2.60% |
| #23 | CHARLES SCHWAB CORP (SCHW) - 0.81% | TEMPUS AI INC CLASS A COMMON STOCK (TEM) - 2.49% |
| #24 | AMPHENOL CORP CLASS A (APH) - 0.80% | VERTIV HOLDINGS CO CLASS A (VRT) - 2.25% |
| #25 | COSTCO WHOLESALE CORP (COST) - 0.79% | VISTRA CORP (VST) - 2.21% |
| Total Holdings | 180 | 153 |
FHEQ vs ULTY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FHEQ
+0.85%
ULTY
-4.17%
3M
Winner
FHEQ
+6.48%
ULTY
+2.24%
6M
Winner
FHEQ
+8.84%
ULTY
+3.60%
1Y
Winner
FHEQ
+15.66%
ULTY
-8.06%
Max(CAGR)
Winner
FHEQ
+14.40%
ULTY
+2.89%
FHEQ vs ULTY - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | FHEQ | ULTY |
|---|---|---|
| 2026 | +8.35% | +5.90% |
| 2025 | +13.41% | -1.24% |
| 2024 | +10.57% | +1.00% |
FHEQ vs ULTY Drawdown Comparison
The maximum drawdown for FHEQ was -11.12%, occurring on Apr 21, 2025. Recovery took 134 trading sessions.
The maximum drawdown for ULTY was -26.53%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.
The current FHEQ drawdown is -0.88%. The current ULTY drawdown is -12.64%.
| Rank | FHEQ | ULTY |
|---|---|---|
| #1 | -11.12% Dec 6, 2024 - Jun 24, 2025 | -26.53% Feb 18, 2025 - Jun 24, 2025 |
| #2 | -7.77% Feb 2, 2026 - Apr 17, 2026 | -24.14% Oct 9, 2025 - Mar 30, 2026 |
| #3 | -5.40% Jul 16, 2024 - Aug 23, 2024 | -20.51% Mar 4, 2024 - Nov 11, 2024 |
| #4 | -4.31% Oct 28, 2025 - Dec 11, 2025 | -6.51% Dec 6, 2024 - Feb 18, 2025 |
| #5 | -4.09% Jun 2, 2026 - Jun 10, 2026 | -5.03% Jul 18, 2025 - Sep 15, 2025 |
| #6 | -3.60% Aug 23, 2024 - Sep 19, 2024 | -3.47% Nov 11, 2024 - Nov 22, 2024 |
| #7 | -3.13% Apr 11, 2024 - May 14, 2024 | -2.61% Sep 19, 2025 - Oct 6, 2025 |
| #8 | -2.44% Oct 6, 2025 - Oct 24, 2025 | -1.75% Jun 30, 2025 - Jul 2, 2025 |
| #9 | -2.30% Dec 24, 2025 - Feb 2, 2026 | -0.80% Jun 26, 2025 - Jun 30, 2025 |
| #10 | -2.10% Oct 14, 2024 - Nov 6, 2024 | -0.80% Jul 3, 2025 - Jul 9, 2025 |
| #11 | -2.03% Nov 11, 2024 - Dec 2, 2024 | -0.70% Nov 25, 2024 - Nov 29, 2024 |
| #12 | -2.01% Dec 11, 2025 - Dec 24, 2025 | -0.54% Oct 6, 2025 - Oct 8, 2025 |
| #13 | -1.84% Jul 25, 2025 - Aug 8, 2025 | -0.32% Jul 10, 2025 - Jul 14, 2025 |
| #14 | -1.71% May 14, 2026 - May 26, 2026 | -0.32% Jun 24, 2025 - Jun 26, 2025 |
| #15 | -1.40% Aug 28, 2025 - Sep 9, 2025 | -0.20% Nov 29, 2024 - Dec 4, 2024 |
Correlation
Correlation between FHEQ and ULTY is 0.71 which considered as a strong positive correlation - the stocks tend to move together.
0.71
-101
Dividend Comparison (2024 - 2026)
FHEQ vs ULTY dividend yield comparison.
| Year | FHEQ | ULTY |
|---|---|---|
| 2026 | 0.30% | 42.23% |
| 2025 | 0.63% | 142.99% |
| 2024 | 0.50% | 111.70% |
Select Stocks to Compare
Popular: FHEQ vs SPYULTY vs SPY
More Comparisons
Compare with similar stocks