FVALFidelity Value Factor ETF

Grow my money9y track recordRanked #419 of 2,960 in this goal

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

By Fidelity Investments · Launched 2016

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$1.3B

#978 of 5,562 · large

Return (1Y)Goal

+27.9%

Track Record

9 years

#1,462 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,618+26.2%

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

Value

Index tracked

Fidelity US Value Factor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 40.7% of fundmoderately concentrated

NVIDIA CORP

7.1%

APPLE INC

6.2%

ALPHABET INC

5.1%

MICROSOFT CORP

4.7%

Fidelity Revere Street Trust

4.2%

MICRON TECHNOLOGY INC

3.5%

AMAZON.COM INC

3.5%

META PLATFORMS INC

2.5%

TESLA INC

2.1%

BERKSHIRE HATHAWAY INC DEL

1.8%

Asset allocation

Stocks

95.8%

Cash

6.0%

By sector

Technology

36.1%

Financial Services

11.7%

Consumer Cyclical

10.6%

Healthcare

9.7%

Communication

9.7%

Industrials

8.1%

Consumer Defensive

4.4%

Energy

3.4%

Other

6.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

12.0%Moderate

Year-on-year price swings

Max drawdown

-37.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.05Strong risk-adjusted returns

Sortino (3Y)

1.55Good 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. Value Factor Index.
Strategy: Invests primarily in securities included in the Fidelity U.S. Value Factor Index, which reflects large and mid-cap U.S. companies with attractive valuations. Stocks are ranked by value measures and weighted based on market capitalization within each sector, neutral to the broader market.
Inception date: September 12, 2016
Fund family: Fidelity Investments