Key stats
About Fidelity International Value Factor ETF
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Inception date
Jan 16, 2018
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
FIVA complements its US-focused sibling, FVAL. Both funds select value stocks using a size-adjusted composite score based on four equally-weighted measures: free cash flow yield, EBITDA to enterprise value, tangible book value to price, and price to forward earnings. Banking stocks are scored on the last two measures only. FIVA targets 100 high-scoring stocks from a selection universe of the 1000 largest firms. Holdings are selected such that country and sector representation is roughly market-like, and weighted by market-cap within each country/sector group. The index is rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.60%
Finance26.00%
Health Technology9.96%
Consumer Non-Durables7.18%
Non-Energy Minerals6.59%
Consumer Durables5.87%
Electronic Technology5.87%
Energy Minerals4.90%
Distribution Services4.65%
Producer Manufacturing4.59%
Technology Services4.31%
Communications3.87%
Transportation3.27%
Utilities3.07%
Process Industries2.80%
Retail Trade2.72%
Industrial Services1.90%
Commercial Services1.50%
Consumer Services0.54%
Bonds, Cash & Other0.40%
Cash0.37%
Miscellaneous0.01%
Futures0.01%
Government0.01%
Stock breakdown by region
Europe57.91%
Asia25.54%
North America10.79%
Oceania5.51%
Middle East0.24%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history