Key stats
About FIDELITY INTERNATIONAL VALUE ETF UNIT SER L
Expense ratio
0.70%
Home page
Inception date
Jun 5, 2020
The fund is passively managed to target the international value equity space. The fund holds large- and mid-cap stocks in developed markets outside U.S. and Canada that are identified to be undervalued within their respective sectors based on a composite value score, subject to a size factor adjustment. The value score is generally taken from the weighted average of four metrics: free cash flow yield, EV/EBITDA, P/B, and forward P/E, except for banks wherein only P/B and forward P/E are considered. The resulting portfolio of about 60-100 stocks is weighted by value score and rebalanced on a semi-annual 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
Consumer Durables
Energy Minerals
Non-Energy Minerals
Stocks99.52%
Finance33.06%
Consumer Durables13.48%
Energy Minerals11.42%
Non-Energy Minerals10.16%
Producer Manufacturing5.18%
Health Technology4.99%
Consumer Non-Durables4.64%
Distribution Services3.82%
Electronic Technology3.34%
Consumer Services2.79%
Process Industries1.42%
Transportation1.24%
Industrial Services1.18%
Technology Services0.89%
Retail Trade0.75%
Commercial Services0.73%
Health Services0.43%
Bonds, Cash & Other0.48%
Cash0.48%
Stock breakdown by region
Europe62.95%
Asia29.26%
Oceania7.79%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history