FHEQ vs VTI
FHEQ vs VTI
Fidelity Hedged Equity ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | FHEQ | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.48% | 0.03% | |
| AUM | $897M | $663.5B | |
| Dividend Yield | 0.55% | 1.07% | |
| Holdings | 172 | 3,543 | |
| YTD Return | +11.35% | +14.20% | |
| 1Y Return | +18.07% | +24.16% | |
| 3Y Return (annualized) | - | +21.12% | |
| 5Y Return (annualized) | - | +12.37% | |
| Volatility (annualized) | 9.7% | 15.3% | |
| Max Drawdown | -11.1% | -56.6% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 9, 2024 | May 24, 2001 |
FHEQ vs VTI Performance
Fidelity Hedged Equity ETF (FHEQ) is a ETF from Fidelity Investments (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year FHEQ returned +18.07% while VTI returned +24.16%. Year to date, FHEQ is up 11.35% versus a gain of 14.20% for VTI.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.7% for FHEQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -11.1% for FHEQ and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FHEQ charges 0.48% per year while VTI charges 0.03%. On a $10,000 position that is $48 vs $3 annually, a gap of $45 per year that compounds over a long holding period. On income, FHEQ currently yields 0.55% against 1.07% for VTI.
Holdings Overlap
FHEQ and VTI share 141 holdings out of 2810 unique holdings combined, representing a 54.1% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in FHEQ | Weight in VTI | Difference |
|---|---|---|---|
| NVDA | 7.84% | 6.32% | 1.52% |
| AAPL | 6.94% | 5.84% | 1.10% |
| MSFT | 4.11% | 3.81% | 0.30% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings FHEQ shares with VTI Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FHEQ or VTI?
FHEQ has an expense ratio of 0.48% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $45 per year of difference.
Which performed better, FHEQ or VTI?
Over the past year FHEQ returned +18.07% vs +24.16% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), FHEQ annualized +15.39% vs +8.14% for VTI. Past performance does not guarantee future results.
Which is riskier, FHEQ or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 9.7% for FHEQ. Worst drawdown: FHEQ -11.1% vs VTI -56.6%.
Should I hold both FHEQ and VTI?
FHEQ and VTI have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FHEQ and VTI?
FHEQ and VTI share 141 common holdings with a 54.1% weight overlap. Combined, they hold 2810 unique securities.
Which pays a higher dividend, FHEQ or VTI?
FHEQ yields 0.55% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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