Fidelity Advisor Hedged Equity Fund - Class C (FEQDX)

Fund Assets	767.42M
Expense Ratio	1.55%
Min. Investment	$0.00
Turnover	107.00%
Dividend (ttm)	0.02
Dividend Yield	0.15%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	16.16
YTD Return	9.86%
1-Year Return	15.10%
5-Year Return	n/a
52-Week Low	13.84
52-Week High	16.16
Beta (5Y)	n/a
Holdings	440
Inception Date	Sep 1, 2022

About FEQDX

Fidelity Advisor Hedged Equity Fund Class C is a mutual fund designed primarily to achieve capital appreciation through investments in U.S. equity markets. The fund allocates at least 80% of its assets to common stocks of companies with market capitalizations generally in line with those found in the S&P 500 Index, blending both "growth" and "value" stock strategies. A key distinguishing feature is its disciplined, options-based approach, which aims to provide downside protection by purchasing put options—financial instruments that typically increase in value when equities decline. This hedging strategy helps to mitigate potential losses during market downturns, differentiating the fund from traditional equity offerings. The portfolio is diversified across hundreds of holdings, including significant positions in leading technology, financial, and consumer companies. With an emphasis on risk management alongside participation in the equity market’s potential gains, the fund serves investors seeking exposure to large-cap U.S. equities while incorporating an explicit strategy for loss mitigation in volatile market conditions. It plays an important role in the market by offering a structured, options-integrated alternative to conventional stock funds for those attentive to downside risk.

• Fund Family: Fidelity
• Category: Options Trading
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FEQDX
• Share Class: Class C
• Index: S&P 500 TR

Performance

FEQDX had a total return of 15.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.99%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VQNPX	Vanguard	Vanguard Growth and Income Fund Investor Shares	0.39%
VPMCX	Vanguard	Vanguard PRIMECAP Fund Investor Shares	0.35%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FEQZX	Fidelity Advisor Hedged Equity Fund: Class Z	0.50%
FEQJX	Fidelity Advisor Hedged Equity Fund: Class I	0.55%
FEQAX	Fidelity Advisor Hedged Equity Fund: Class A	0.80%
FEQNX	Fidelity Advisor Hedged Equity Fund: Class M	1.05%

Top 10 Holdings

40.33% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	7.73%
Alphabet Inc.	GOOGL	6.42%
Apple Inc.	AAPL	6.40%
Microsoft Corporation	MSFT	5.00%
Amazon.com, Inc.	AMZN	4.28%
Broadcom Inc.	AVGO	3.22%
Meta Platforms, Inc.	META	2.21%
Tesla, Inc.	TSLA	1.77%
Berkshire Hathaway Inc.	BRK.B	1.66%
JPMorgan Chase & Co.	JPM	1.63%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 20, 2024	$0.022	Dec 23, 2024
Dec 9, 2022	$0.003	Dec 12, 2022

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 11, 2026

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