Naturally baked. When choosing a cheese flavored snack, Baked! Cheetos brand Cheese Flavored Snacks are a smart choice because they are reduced in fat compared to regular Cheetos Flamin' Hot Snacks and a serving has 0 grams of trans fat and 0.5 gram of saturated fat. Baked! Cheetos Snacks are one of over 100 smart choices made easy from PepsiCo.