Key stats
About FIDELITY INTERNATIONAL VALUE ETF UNIT SER L
Expense ratio
0.70%
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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
Non-Energy Minerals
Stocks99.70%
Finance27.87%
Non-Energy Minerals10.41%
Utilities9.57%
Energy Minerals9.30%
Consumer Durables8.87%
Producer Manufacturing6.13%
Health Technology5.88%
Electronic Technology4.25%
Distribution Services3.74%
Consumer Non-Durables3.70%
Consumer Services2.72%
Retail Trade2.63%
Transportation1.58%
Process Industries1.30%
Industrial Services1.12%
Technology Services0.47%
Health Services0.16%
Bonds, Cash & Other0.30%
Cash0.30%
Stock breakdown by region
Europe65.05%
Asia27.66%
Oceania7.29%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history