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FVAL vs BELT

Fidelity Value Factor ETF vs iShares U.S. Select Equity Active ETF

FVAL

Fidelity Value Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.2B

BELT

iShares U.S. Select Equity Active ETF

BlackRock

Annual cost

0.75%

Fund size

$9M

Key differences

  • FVAL costs 0.60% less per year.
  • FVAL is significantly larger than BELT — larger funds tend to be more liquid and less likely to close.
  • FVAL follows a index tracking strategy; BELT uses index enhanced.
  • FVAL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FVALBELT
Annual cost (TER)0.15%0.75%
Fund size (AUM)$1.2B$9M
Since20162024
Dividend yield1.56%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+31.2%+28.9%
CAGR 3Y+21.4%N/A
CAGR 5Y+12.4%N/A
Sharpe 3Y1.18N/A
Volatility 1Y11.74%17.21%
Max drawdown-37.26%-23.05%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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