FHEQ vs SHDG
Fidelity Hedged Equity ETF compared with Soundwatch Hedged Equity ETF on yield, payout growth, payment schedule, cost and risk.
FHEQ
Fidelity Hedged Equity ETF
TTM yield · Quarterly
SHDG
Soundwatch Hedged Equity ETF
TTM yield · Annual
Quick take
- FHEQ yields more today: 0.68% vs 0.48% (forward).
- FHEQ has grown its payout faster: -6.2%/yr vs -11.1%/yr over the last 1 year.
- FHEQ pays every quarter; SHDG pays once a year.
- Over the last year FHEQ delivered the higher total return: +9.3% vs +5.9% (price change plus payouts).
- FHEQ is cheaper to own: 0.48% vs 0.91% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FHEQ | SHDG |
|---|---|---|
| Share price | $33.34 | $33.39 |
| TTM yield | 0.59% | 0.48% |
| Forward yield | 0.68% | 0.48% |
| Annual payout per share | $0.228 | $0.16 |
| Payment frequency | Quarterly | Annual |
| Next ex-date | Dec 18, 2026 (est.) | Dec 31, 2026 (est.) |
| Expense ratio | 0.48% | 0.91% |
| 1-year payout growth | -6.2% | -11.1% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 80/100 | 73/100 |
| 1-year total return | +9.3% | +5.9% |
| 1-year price return | +8.7% | +5.4% |
| Size (market cap / AUM) | 985.6M | 156.0M |
| Years paying | 2.3 | 3.8 |
| 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 | SHDG | |
|---|---|---|
| Shares | 299.9 | 299.5 |
| Income per year | $68 | $48 |
| Income per month (avg) | $6 | $4 |
At forward yields, before taxes. Model FHEQ · Model SHDG
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FHEQ Dec 18, 2026 | Jan 1, 2027 | $0.057 | Est. |
| FHEQ Mar 19, 2027 | Apr 2, 2027 | $0.057 | Est. |
| FHEQ Jun 18, 2027 | Jul 2, 2027 | $0.057 | Est. |
| SHDG Dec 31, 2026 | Jan 14, 2027 | $0.16 | Est. |
Annual payouts per share
FHEQSHDG
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 SHDG?
FHEQ currently has the higher trailing yield: FHEQ yields 0.59% and SHDG yields 0.48%. Yield changes daily with price, so check the live figures above.
How often do FHEQ and SHDG pay?
FHEQ pays every quarter and SHDG pays once a year. FHEQ's next ex-date is Dec 18, 2026 and SHDG's is Dec 31, 2026.
Which has grown its dividend faster, FHEQ or SHDG?
FHEQ has grown its payout faster: -6.2%/yr vs -11.1%/yr over the last 1 year.
Is FHEQ or SHDG better for income?
It depends on what you are optimising for. FHEQ and SHDG 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.