FLTB vs HEDG
Comparison between FIDELITY LIMITED TERM BOND ETF (FLTB, ETF) and EQUABLE SHARES HEDGED EQUITY ETF (HEDG, ETF).
FLTB vs HEDG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FLTB
$401M
HEDG
$401M
Expense Ratio
Winner
FLTB
0.25%
HEDG
0.96%
Max Drawdown
FLTB
11.00%
Winner
HEDG
4.33%
Sharpe Ratio
FLTB
0.22
Winner
HEDG
0.78
5Y Beta
Winner
FLTB
0.01
HEDG
0.35
5Y Dividends CAGR
FLTB
32.39%
HEDG
N/A
FLTB vs HEDG - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FLTB
+0.34%
HEDG
-0.07%
3M
FLTB
+0.83%
Winner
HEDG
+2.62%
6M
FLTB
+0.86%
Winner
HEDG
+2.39%
1Y
FLTB
+4.05%
HEDG
N/A
5Y(CAGR)
FLTB
+2.31%
HEDG
N/A
10Y(CAGR)
FLTB
+2.45%
HEDG
N/A
Max(CAGR)
FLTB
+2.41%
Winner
HEDG
+8.40%
FLTB vs HEDG - Annual Returns (2014 - 2026)
Returns include dividend reinvestment.
| Year | FLTB | HEDG |
|---|---|---|
| 2026 | +0.72% | +2.49% |
| 2025 | +6.52% | +3.16% |
| 2024 | +5.22% | N/A |
| 2023 | +5.83% | N/A |
| 2022 | -5.69% | N/A |
| 2021 | -1.20% | N/A |
| 2020 | +5.47% | N/A |
| 2019 | +5.93% | N/A |
| 2018 | +1.24% | N/A |
| 2017 | +2.10% | N/A |
| 2016 | +2.11% | N/A |
| 2015 | +0.83% | N/A |
| 2014 | -0.07% | N/A |
FLTB vs HEDG Drawdown Comparison
The maximum drawdown for FLTB was -9.37%, occurring on Oct 20, 2022. Recovery took 838 trading sessions.
The maximum drawdown for HEDG was -3.85%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.
The current FLTB drawdown is -0.26%. The current HEDG drawdown is -0.76%.
| Rank | FLTB | HEDG |
|---|---|---|
| #1 | -9.37% Feb 11, 2021 - Jun 12, 2024 | -3.85% Feb 25, 2026 - Apr 17, 2026 |
| #2 | -8.20% Mar 5, 2020 - May 29, 2020 | -1.64% Nov 11, 2025 - Nov 25, 2025 |
| #3 | -1.98% Aug 4, 2016 - May 17, 2017 | -1.15% Feb 2, 2026 - Feb 24, 2026 |
| #4 | -1.76% Sep 7, 2017 - Dec 18, 2018 | -0.81% Jan 12, 2026 - Jan 26, 2026 |
| #5 | -1.63% Oct 15, 2015 - Mar 17, 2016 | -0.76% Jun 8, 2026 - Jun 11, 2026 |
| #6 | -1.52% Feb 23, 2026 - Mar 26, 2026 | -0.60% Nov 3, 2025 - Nov 10, 2025 |
| #7 | -1.36% Apr 3, 2025 - Apr 28, 2025 | -0.50% Oct 13, 2025 - Oct 17, 2025 |
| #8 | -1.19% Apr 27, 2015 - Oct 2, 2015 | -0.42% Dec 12, 2025 - Dec 19, 2025 |
| #9 | -1.09% Oct 1, 2024 - Jan 27, 2025 | -0.23% Jun 2, 2026 - Jun 8, 2026 |
| #10 | -1.08% Oct 15, 2014 - Jan 15, 2015 | -0.20% Dec 26, 2025 - Jan 5, 2026 |
| #11 | -0.96% Feb 2, 2015 - Apr 1, 2015 | -0.19% Jan 6, 2026 - Jan 9, 2026 |
| #12 | -0.85% Sep 4, 2019 - Oct 2, 2019 | -0.19% Jan 27, 2026 - Feb 2, 2026 |
| #13 | -0.59% Apr 30, 2025 - May 30, 2025 | -0.18% Dec 5, 2025 - Dec 10, 2025 |
| #14 | -0.55% Oct 4, 2019 - Dec 3, 2019 | -0.17% Apr 17, 2026 - Apr 22, 2026 |
| #15 | -0.51% May 6, 2016 - Jun 3, 2016 | -0.15% May 22, 2026 - May 29, 2026 |
Correlation
Correlation between FLTB and HEDG is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (2014 - 2026)
FLTB vs HEDG dividend yield comparison.
| Year | FLTB | HEDG |
|---|---|---|
| 2026 | 1.80% | 0.49% |
| 2025 | 4.31% | 1.38% |
| 2024 | 4.11% | 0.00% |
| 2023 | 3.20% | 0.00% |
| 2022 | 1.63% | 0.00% |
| 2021 | 0.89% | 0.00% |
| 2020 | 1.56% | 0.00% |
| 2019 | 2.67% | 0.00% |
| 2018 | 2.50% | 0.00% |
| 2017 | 1.78% | 0.00% |
| 2016 | 1.59% | 0.00% |
| 2015 | 1.63% | 0.00% |
| 2014 | 0.35% | 0.00% |
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