SETH vs FEAC

Comparison between ProShares Short Ether ETF (SETH, ETF) and FIDELITY ENHANCED U.S. ALL-CAP EQUITY ETF (FEAC, ETF).

SETH vs FEAC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SETH(ETF)	FEAC(ETF)
Net Assets	$20M	$20M
Expense Ratio	0.95%	0.18%
Max Drawdown	81.90%	19.30%
Sharpe Ratio	0.47	1.57
5Y Beta	-2.10	0.98
P/E Ratio	N/A	29.33
Forward P/E	N/A	19.52
5Y EPS CAGR	N/A	29.64%
Debt to Equity	N/A	41.58%
P/S Ratio	N/A	2.90
P/B Ratio	N/A	4.90

Net Assets

SETH

$20M

Winner

FEAC

$20M

Expense Ratio

SETH

0.95%

Winner

FEAC

0.18%

Max Drawdown

SETH

81.90%

Winner

FEAC

19.30%

Sharpe Ratio

SETH

0.47

Winner

FEAC

1.57

5Y Beta

Winner

SETH

-2.10

FEAC

0.98

P/E Ratio

SETH

N/A

FEAC

29.33

Forward P/E

SETH

N/A

FEAC

19.52

5Y EPS CAGR

SETH

N/A

FEAC

29.64%

Debt to Equity

SETH

N/A

FEAC

41.58%

P/S Ratio

SETH

N/A

FEAC

2.90

P/B Ratio

SETH

N/A

FEAC

4.90

SETH vs FEAC - Historical Returns

Returns include dividend reinvestment.

Period	SETH	FEAC
1 month	+33.45%	+1.39%
3 months	+17.77%	+12.59%
6 months	+54.28%	+10.60%
1 year	+8.31%	+26.01%
Max(CAGR)	-28.82%	+17.04%

Winner

SETH

+33.45%

FEAC

+1.39%

Winner

SETH

+17.77%

FEAC

+12.59%

Winner

SETH

+54.28%

FEAC

+10.60%

SETH

+8.31%

Winner

FEAC

+26.01%

Max(CAGR)

SETH

-28.82%

Winner

FEAC

+17.04%

SETH vs FEAC - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	SETH	FEAC
2026	+58.04%	+9.93%
2025	-26.97%	+18.11%
2024	-48.29%	-1.69%
2023	-22.80%	N/A

SETH vs FEAC Drawdown Comparison

The maximum drawdown for SETH was -80.73%, occurring on Oct 6, 2025. This drawdown has not yet recovered.

The maximum drawdown for FEAC was -18.96%, occurring on Apr 8, 2025. Recovery took 137 trading sessions.

The current SETH drawdown is -58.82%. The current FEAC drawdown is -2.59%.

Rank	SETH	FEAC
#1	-80.73% Nov 2, 2023 - Oct 6, 2025	-18.96% Dec 5, 2024 - Jun 26, 2025
#2	N/A	-8.14% Jan 27, 2026 - Apr 14, 2026
#3	N/A	-5.80% Oct 28, 2025 - Dec 10, 2025
#4	N/A	-4.43% Jun 2, 2026 - Jun 10, 2026
#5	N/A	-3.30% Oct 8, 2025 - Oct 21, 2025
#6	N/A	-2.73% Dec 11, 2025 - Dec 23, 2025
#7	N/A	-2.30% Jul 25, 2025 - Aug 8, 2025
#8	N/A	-2.14% Jan 12, 2026 - Jan 27, 2026
#9	N/A	-2.05% May 14, 2026 - May 26, 2026
#10	N/A	-1.75% Aug 14, 2025 - Aug 27, 2025
#11	N/A	-1.56% Sep 22, 2025 - Oct 1, 2025
#12	N/A	-1.32% Aug 28, 2025 - Sep 8, 2025
#13	N/A	-1.31% Dec 24, 2025 - Jan 6, 2026
#14	N/A	-1.07% Jul 3, 2025 - Jul 23, 2025
#15	N/A	-0.91% Oct 21, 2025 - Oct 24, 2025

Correlation

Correlation between SETH and FEAC is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

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