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About Fidelity Fundamental Large Cap Value ETF
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Inception date
Feb 22, 2024
Structure
Open-Ended Fund
Replication method
Physical
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.
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
Electronic Technology
Stocks99.50%
Finance29.37%
Electronic Technology11.30%
Health Technology7.73%
Energy Minerals7.39%
Technology Services6.63%
Retail Trade6.08%
Utilities4.46%
Consumer Non-Durables4.34%
Distribution Services4.16%
Producer Manufacturing3.59%
Consumer Services2.77%
Non-Energy Minerals2.44%
Process Industries2.32%
Transportation2.32%
Consumer Durables1.70%
Industrial Services1.14%
Communications0.85%
Health Services0.63%
Commercial Services0.29%
Bonds, Cash & Other0.50%
Cash0.50%
Stock breakdown by region
North America92.26%
Europe6.81%
Asia0.94%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FFLV invests in stocks. The fund's major sectors are Finance, with 29.37% stocks, and Electronic Technology, with 11.30% of the basket. The assets are mostly located in the North America region.
FFLV top holdings are Alphabet Inc. Class A and Exxon Mobil Corporation, occupying 4.31% and 3.83% of the portfolio correspondingly.
FFLV last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.10 USD in dividends, which shows a 3.06% decrease.
FFLV assets under management is 10.89 M USD. It's risen 3.67% over the last month.
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.
Yes, FFLV pays dividends to its holders with the dividend yield of 1.66%. The last dividend (Jun 24, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
FFLV shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Feb 22, 2024, and its management style is Active.
FFLV expense ratio is 0.38% meaning you'd have to pay 0.38% of your investment to help manage the fund.
FFLV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FFLV invests in stocks.
FFLV price has risen by 3.80% over the last month, and its yearly performance shows a 11.02% increase. See more dynamics on FFLV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.31% over the last month, showed a 6.22% increase in three-month performance and has increased by 8.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.31% over the last month, showed a 6.22% increase in three-month performance and has increased by 8.29% in a year.
FFLV trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.