Fidelity ETFs
 
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Portfolio Composition:  FVAL

FIDELITY VALUE FACTOR ETF

32.50   -0.9708 (-2.90%)

AS OF 8:00:00pm ET 08/23/2019 Quotes delayed at least 15 minutes.

ETP's Prospectus Stated Objectives

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor IndexSM. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Asset Classification Equity
Geography Objective US
Capitalization / Style Objective Broad/Multi Cap / Value
Investment Philosophy Enhanced Strategy

ETP Portfolio Characteristics

as of 08/23/2019

Independent third-party analytics of the daily basket holdings shown below can help you compare the ETP's Prospectus Stated Objectives to the characteristics of its underlying holdings. Their use of standardized calculations enable consistent comparison. It is important to note that they may not reflect ETF Managers' methodology to determine portfolio characteristics in buying and selling securities for the fund. Learn more about the ETF Managers' investment approach and performance in their Prospectus & Reports.

Basket Holdings

Total: 129 (Long: 128 | Short: 0)
Holdings
 Top 10 25.54%
 Other 74.46%

Top 10

MSFT Microsoft Corp 4.46%
AAPL Apple Inc 3.84%
AMZN Amazon.com Inc 3.23%
GOOGL Alphabet Inc 2.91%
JNJ Johnson & Johnson 2.11%
BRK/B Berkshire Hathaway Inc 1.97%
FB Facebook Inc 1.91%
JPM JPMorgan Chase & Co 1.79%
V Visa Inc 1.74%
UNH UnitedHealth Group Inc 1.58%
View all Basket Holdings by Weight
IT Services 7.94%
Software 5.99%
Banks 5.31%
Health Care Providers & Services 4.93%
Interactive Media & Services 4.82%
Pharmaceuticals 4.67%
Biotechnology 4.20%
Oil, Gas & Consumable Fuels 4.19%
Technology Hardware, Storage & Peripherals 3.84%
Equity Real Estate Investment Trusts (REITs) 3.65%
Semiconductors & Semiconductor Equipment 3.35%
Internet & Direct Marketing Retail 3.23%
Diversified Telecommunication Services 2.98%
Machinery 2.94%
Airlines 2.93%
Diversified Financial Services 2.46%
Electric Utilities 2.37%
Hotels Restaurants & Leisure 2.18%
Food Products 2.16%
Tobacco 2.10%
Media 1.79%
Capital Markets 1.77%
Insurance 1.72%
Consumer Finance 1.67%
Food & Staples Retailing 1.54%
Specialty Retail 1.47%
Chemicals 1.38%
Household Durables 1.16%
Multiline Retail 0.95%
Construction & Engineering 0.86%
Electrical Equipment 0.80%
Aerospace & Defense 0.74%
Metals & Mining 0.73%
Multi-Utilities 0.71%
Automobiles 0.66%
Beverages 0.66%
Professional Services 0.65%
Trading Companies & Distributors 0.64%
Personal Products 0.58%
Diversified Consumer Services 0.56%
Electronic Equipment, Instruments & Components 0.54%
Independent Power and Renewable Electricity... 0.54%
Real Estate Management & Development 0.40%
Entertainment 0.32%
Containers & Packaging 0.26%
View full listing
Regional Exposure
North America 98.36%
Europe 1.64%
Country Exposure
United States 98.36%
Ireland 1.07%
United Kingdom 0.58%
Market Capitalization
Large 79.81%
Mid 17.79%
Small 1.75%
Other 0.65%

StyleMap®

as of 08/26/2019   More information
Value Blend Growth
Large
Mid
Small
Current HistoricalCurrent Fund Assets Coverage: 100%
Data provided by .

Currency Exposure More information

United States Dollar 98.36%
Euro 1.07%
View full listing

ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


 
 

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