Fidelity Fundamental Large Cap Value ETFFidelity Fundamental Large Cap Value ETFFidelity Fundamental Large Cap Value ETF

Fidelity Fundamental Large Cap Value ETF

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Key stats


Assets under management (AUM)
‪10.95 M‬USD
Fund flows (1Y)
‪4.19 M‬USD
Dividend yield (indicated)
1.71%
Discount/Premium to NAV
0.2%
Shares outstanding
‪475.00 K‬
Expense ratio
0.38%

About Fidelity Fundamental Large Cap Value ETF


Issuer
FMR LLC
Brand
Fidelity
Inception date
Feb 22, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
ISIN
US31609A6029
FFLV aims for long-term capital growth by investing in large-cap value stocks. The fund assesses undervalued stocks based on factors such as assets, sales, earnings, growth potential, or cash flow, as well as other companies in the same industry. The investment process starts with research and recommendations based on fundamental analysis. This involves a bottom-up assessment of a company's success potential, with consideration to other fundamental factors such as financial condition, earnings outlook, strategy, management, industry position, and economic and market conditions. The fund then applies a quantitative portfolio construction process that emphasizes securities in which the adviser has high conviction, which is subject to security and portfolio-level risk, liquidity, and trading characteristics. The fund caps its investments to a single stock to 25%. The actively managed fund has full discretion to make any investment decision at any time.

Broaden your horizons with more funds linked to FFLV via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Value
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Stock breakdown by region
93%5%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FFLV trades at 23.20 USD today, its price has risen 0.29% in the past 24 hours. Track more dynamics on FFLV price chart.
FFLV net asset value is 23.09 today — it's risen 0.87% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FFLV assets under management is ‪10.95 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FFLV price has risen by 0.75% over the last month, and its yearly performance shows a 5.69% increase. See more dynamics on FFLV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.87% over the last month, showed a 5.16% increase in three-month performance and has increased by 9.43% in a year.
FFLV fund flows account for ‪4.19 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FFLV invests in stocks. See more details in our Analysis section.
FFLV expense ratio is 0.38%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FFLV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FFLV technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FFLV shows the buy signal. See more of FFLV technicals for a more comprehensive analysis.
Yes, FFLV pays dividends to its holders with the dividend yield of 1.71%.
FFLV trades at a premium (0.19%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FFLV shares are issued by FMR LLC
FFLV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 22, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.