FQALFidelity Quality Factor ETF
Seeks investment returns that correspond to the performance of the Fidelity U.S. Quality Factor Index.
By Fidelity Investments · Launched 2016
Annual Cost
0.15%
#612 of 5,861 · low cost
Fund Size
$1.4B
#933 of 5,861 · large
Return (1Y)Goal
+16.9%
Track Record
9 years
#1,436 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,659+16.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Index tracking
Factor
Quality
Index tracked
Fidelity US Quality Factor Index
What it actually holds
By weightConcentration
Top 10 holdings = 39.6% of fund✓ well diversified
NVIDIA CORP
7.5%
APPLE INC
6.2%
ALPHABET INC
5.8%
Fidelity Revere Street Trust
5.3%
MICROSOFT CORP
4.7%
BROADCOM INC
3.6%
META PLATFORMS INC
2.1%
JPMORGAN CHASE and CO
1.7%
ELI LILLY and CO
1.4%
VISA INC
1.3%
Asset allocation
Stocks
99.8%
Cash
0.8%
By sector
Technology
36.7%
Financial Services
12.0%
Consumer Cyclical
9.6%
Industrials
9.3%
Communication
9.3%
Healthcare
9.1%
Consumer Defensive
4.4%
Energy
3.3%
Other
6.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
11.6%Moderate
Year-on-year price swings
Max drawdown
-33.7%Severe
Worst peak-to-trough loss
Sharpe (3Y)
1.00Decent risk-adjusted returns
Sortino (3Y)
1.46Good downside protection
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks investment returns that correspond to the performance of the Fidelity U.S. Quality Factor Index.
- Strategy
- Invests primarily in securities included in the Fidelity U.S. Quality Factor Index, which reflects large and mid-cap U.S. companies with a higher quality profile. Stocks are selected based on quality measures and weighted by market capitalization within each sector.
- Inception date
- September 12, 2016
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04