FQALFidelity Quality Factor ETF

Grow my money9y track recordRanked #393 of 2,969 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity U.S. Quality Factor Index.

By Fidelity Investments · Launched 2016

Annual Cost

0.15%

#741 of 5,573 · low cost

Fund Size

$1.4B

#918 of 5,573 · large

Return (1Y)Goal

+21.5%

Track Record

9 years

#1,463 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,186+21.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Quality

Index tracked

Fidelity US Quality Factor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 40.1% of fundmoderately concentrated

NVIDIA CORP

7.5%

APPLE INC

6.5%

MICROSOFT CORP

5.2%

ALPHABET INC

5.0%

Fidelity Revere Street Trust

4.8%

BROADCOM INC

3.0%

META PLATFORMS INC

2.6%

ELI LILLY and CO

1.9%

LAM RESEARCH CORP

1.8%

JPMORGAN CHASE and CO

1.8%

Asset allocation

Stocks

94.4%

Cash

6.1%

By sector

Technology

37.7%

Financial Services

11.6%

Communication

10.0%

Consumer Cyclical

9.2%

Industrials

8.8%

Healthcare

8.7%

Consumer Defensive

4.3%

Energy

3.5%

Other

6.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

11.5%Moderate

Year-on-year price swings

Max drawdown

-33.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.08Strong risk-adjusted returns

Sortino (3Y)

1.59Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide 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 ranked by quality measures and weighted based on market capitalization and sector neutrality.
Inception date: September 12, 2016
Fund family: Fidelity Investments