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