FHEQ vs QQQH
Fidelity Hedged Equity ETF compared with NEOS Nasdaq-100 Hedged Equity Income ETF on yield, payout growth, payment schedule, cost and risk.
FHEQ
Fidelity Hedged Equity ETF
TTM yield · Quarterly
QQQH
NEOS Nasdaq-100 Hedged Equity Income ETF
TTM yield · Monthly
Quick take
- QQQH yields more today: 8.96% vs 0.49% (forward).
- QQQH has grown its payout faster: 6.8%/yr vs -18.1%/yr over the last 1 year.
- FHEQ pays every quarter; QQQH pays every month.
- Over the last year FHEQ delivered the higher total return: +15.6% vs +12.2% (price change plus payouts).
- FHEQ is cheaper to own: 0.48% vs 0.68% expense ratio.
- QQQH has the steadier distribution: consistency 98/100 vs 80/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FHEQ | QQQH |
|---|---|---|
| Share price | $34.20 | $54.71 |
| TTM yield | 0.53% | 8.96% |
| Forward yield | 0.49% | 8.96% |
| Annual payout per share | $0.168 | $4.904 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Sep 17, 2026 (est.) | Sep 23, 2026 (est.) |
| Expense ratio | 0.48% | 0.68% |
| 1-year payout growth | -18.1% | +6.8% |
| 5-year payout CAGR | — | +2.8% |
| Consecutive years of increases | 0 years | 3 years |
| Payout consistency (last 12) | 80/100 | 98/100 |
| 1-year total return | +15.6% | +12.2% |
| 1-year price return | +15.0% | +3.0% |
| Size (market cap / AUM) | 970.4M | 380.5M |
| Years paying | 2.2 | 6.7 |
| Sector / category | Equity Hedged | Equity Hedged |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FHEQ | QQQH | |
|---|---|---|
| Shares | 292.4 | 182.8 |
| Income per year | $49 | $896 |
| Income per month (avg) | $4 | $75 |
At forward yields, before taxes. Model FHEQ · Model QQQH
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FHEQ Sep 17, 2026 | Oct 1, 2026 | $0.042 | Est. |
| FHEQ Dec 17, 2026 | Dec 31, 2026 | $0.042 | Est. |
| FHEQ Mar 18, 2027 | Apr 1, 2027 | $0.042 | Est. |
| QQQH Sep 23, 2026 | Sep 25, 2026 | $0.4087 | Est. |
| QQQH Oct 21, 2026 | Oct 23, 2026 | $0.4087 | Est. |
| QQQH Nov 18, 2026 | Nov 20, 2026 | $0.4087 | Est. |
Annual payouts per share
FHEQQQQH
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FHEQ or QQQH?
QQQH currently has the higher trailing yield: FHEQ yields 0.53% and QQQH yields 8.96%. Yield changes daily with price, so check the live figures above.
How often do FHEQ and QQQH pay?
FHEQ pays every quarter and QQQH pays every month. FHEQ's next ex-date is Sep 17, 2026 and QQQH's is Sep 23, 2026.
Which has grown its dividend faster, FHEQ or QQQH?
QQQH has grown its payout faster: 6.8%/yr vs -18.1%/yr over the last 1 year.
Is FHEQ or QQQH better for income?
It depends on what you are optimising for. FHEQ and QQQH differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.