Key stats
About Fidelity Value Factor ETF
Expense ratio
0.15%
Home page
Inception date
Sep 12, 2016
FVAL is Fidelitys take on US value investing. It follows a proprietary selection method where constituents are selected from the largest 1,000 US stocks based on four value measurements: high free-cash-flow yield, low enterprise-value-to-EBITDA, low price-to-tangible-book-value, and low price-to-future-earnings. The fund weights each sector in its portfolio in-line with the broad market. Individual stocks are then weighed on their value characteristics within the amount set for the sector. The index is rebalanced semi-annually.
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
Technology Services
Finance
Electronic Technology
Stocks99.65%
Technology Services21.99%
Finance15.02%
Electronic Technology10.92%
Retail Trade8.55%
Producer Manufacturing6.24%
Health Technology5.95%
Health Services5.04%
Energy Minerals4.36%
Consumer Services4.10%
Consumer Non-Durables3.63%
Process Industries2.68%
Utilities2.23%
Commercial Services2.08%
Transportation1.69%
Distribution Services1.45%
Consumer Durables1.23%
Communications1.10%
Non-Energy Minerals0.97%
Bonds, Cash & Other0.35%
Mutual fund0.79%
Futures−0.01%
Cash−0.43%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history