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Snapshot:  FVAL

FIDELITY VALUE FACTOR ETF

34.95   -0.06 (-0.17%)

AS OF 8:00:00pm ET 09/13/2019 Quotes delayed at least 15 minutes.
Bid 34.94
Bid Size 0
Ask 35.08
Ask Size 0
Open 35.03
High 35.142
Low 34.95
Previous Close 34.95
Price Performance (Last 52 Wk)
as of 09/13/2019
+0.17%
Bid/Ask Spread (1 Month Average)
as of 07/31/2019
0.12%
Premium / Discount (Previous Day)
as of 09/13/2019
-0.17%
Premium / Discount (1 Month Rolling Average)
as of 09/13/2019
0.02%
Volume
Volume (90-Day Average)
Tracking Error 0.16
Detailed Quote

ETP Type

ETF

Asset Class

Equity

Geography Objective

US

Capitalization / Style Objective

Broad/Multi Cap / Value

Net Assets
AS OF 09/13/2019

$154.0M

Net Expense Ratio

0.29%

Sponsor

Fidelity Management & Research

Inception Date

09/12/2016

Investment Philosophy

Enhanced Strategy

Benchmark Index

Fidelity U.S. Value Factor Index

Index Composition

Custom-Weighted

Legal Structure

Open-End Investment Company

Objective

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.

Learn More

Commentary

There is currently no commentary available for this symbol.

Analyst Ratings

LAST CHANGE
Firm Name As of Date Action Rating Report
FactSet 09/13/2019 -- Not Rated FactSet PDF Report
XTF Inc. 07/31/2019 Upgrade 7.90000 out of 10 XTF Inc. PDF Report
Ned Davis Research Group -- -- Log in for rating & report

Key Statistics

Price / Earnings (Trailing Twelve Months) 15.00
Price / Book 2.37
Price / Sales 1.09
Price / Cash Flow 8.67
30-day SEC Yield
AS OF 09/06/2019
2.03%
Distribution Yield (TTM)
AS OF 08/31/2019
1.99%
See all Key Stats

Compare

FVAL
FIDELITY VALUE FACTOR ETF
Asset Class Median
Volume (10-Day Avg)
AS OF 09/12/2019
134.4K 14.2M
1 Week Market Total Return
AS OF 09/13/2019
+2.78% +1.82%
1 Month Market Total Return
AS OF 09/13/2019
+5.72% +4.75%
1 Year Market Total Return
AS OF 09/13/2019
+2.22% +1.48%
3 Year Annualized Market Total Return
AS OF 09/13/2019
-- +8.99%
Beta (1 Year Month-End)
AS OF 08/31/2019
0.96% 0.82
Annual Turnover Ratio
AS OF 07/31/2018
38.00% 28.00%
Net Expense Ratio
AS OF 11/29/2018
0.29% 0.49%

Performance

Growth of Hypothetical $10,000 * AS OF 08/31/2019

Cumulative Total Returns AS OF 09/13/2019
NAV Return Market Return Fidelity U.S. Value Factor Index
AS OF 09/13/2019
YTD +18.36% +18.81% +18.63%
4 Weeks +5.89% +5.72% +5.91%
13 Weeks +4.85% +4.51% +4.93%
26 Weeks +5.67% +5.53% +5.82%
Quarter-End Average Annual Total Returns AS OF 06/30/2019
NAV Return Market Return
1 Year +6.36% +5.22%
3 Year -- --
5 Year -- --
10 Year -- --
Life +13.09% +13.19%
Life as of NAV inception date: 09/12/2016   Life market returns are as of the first day the ETF traded on an exchange, which may occur a few days after the NAV inception date. Market returns are based on the closing price on the listed exchange at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Gross Expense Ratio: 0.29%

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

More about Performance & Risk

Portfolio Composition

Total Basket Holdings AS OF 09/13/2019

129 (Long: 128 | Short: 0)
View All
Top 10 (25.04% of total holdings)
MSFT Microsoft Corp 4.27%
AAPL Apple Inc 3.85%
AMZN Amazon.com Inc 3.15%
GOOGL Alphabet Inc 2.90%
JNJ Johnson & Johnson 2.01%
BRK/B Berkshire Hathaway Inc 1.99%
JPM JPMorgan Chase & Co 1.89%
FB Facebook Inc 1.87%
V Visa Inc 1.63%
UNH UnitedHealth Group Inc 1.48%
More about Portfolio Composition

StyleMap

as of 09/13/2019 More information
Value Blend Growth
Large StyleMap: Large Value
Mid
Small
Current Historical Current Fund Assets Coverage: 100%
Data provided by . More about Portfolio Composition

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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