FIVAFidelity International Value Factor ETF
FIVA Fund Description
FIVA tracks a multi-factor index of large- and midcap value stocks from developed markets, ex-US.
FIVA Factset Analytics Insight
FIVA complements its US-focused sibling, FVAL. Both funds select value stocks using a size-adjusted composite score based on four equally-weighted measures: free cash flow yield, EBITDA to enterprise value, tangible book value to price, and price to forward earnings. Banking stocks are scored on the last two measures only. FIVA targets 100 high-scoring stocks from a selection universe of the 1000 largest firms. Holdings are selected such that country and sector representation is roughly market-like, and weighted by market-cap within each country/sector group. The index is rebalanced on a quarterly basis.
FIVA MSCI ESG Analytics Insight
Fidelity International Value Factor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.28 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity International Value Factor ETF ranks in the 83th percentile within its peer group and in the 45th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FIVA MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FIVA Summary Data
FIVA Portfolio Data
FIVA Index Data
FIVA Portfolio Management
FIVA Tax Exposures
FIVA Fund Structure
FIVA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FIVA. FIVA is rated a 4 out of 5.
FIVA Sector/Industry Breakdown
FIVA Top 10 Holdings[View All]
FIVA Economic Development
FIVA Performance Statistics
FIVA MSCI ESG Ratings
FIVA Benchmark Comparison Summary
FIVA Benchmark Comparison Market Cap Size