FQAL

Fidelity Quality Factor ETF
--

88
*Unless otherwise stated, data provided by FactSet.

FQAL Fund Description

FQAL tracks an index of fundamentally- selected large and mid- cap US companies that are weighted according to a tiered scheme.

FQAL Factset Analytics Insight

The Fidelity Quality Factor ETF tracks an index of large and mid- cap US companies with an emphasis upon balance sheet measures of quality. The top 1,000 stocks by market cap are scored based upon free cash flow margin, cash flow stability and return on invested capital; the highest scores per sector are included in the index. Sectors are cap-weighted to provide more market- like exposure. Within each sector, chosen stocks start with a combination of their cap weight and factor score. Any additional market cap from the deselected stocks is equally allocated among the remaining stocks in the sector. FQAL’s expense ratio is unremarkable for the segment, however may appear more expensive given the ultra- low fee competitors in this space

FQAL MSCI ESG Analytics Insight

Fidelity Quality Factor ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.71 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 Quality Factor ETF ranks in the 60th percentile within its peer group and in the 74th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FQAL 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.

FQAL Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FQAL 3.02% 2.42% 19.34% 3.46% 13.69% -- --
FQAL (NAV) 1.94% 2.25% 18.93% 3.91% 13.71% -- --
Fidelity U.S. Quality Factor Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 2.93% 3.34% 21.64% 5.87% 14.60% 10.84% 13.24%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FQAL Summary Data

Fidelity
09/12/16
Open-Ended Fund
0.29%
$148.71M
$1.15M
0.08%

FQAL Portfolio Data

$209.49B
20.69
4.98
1.52%
09/20/19
130

FQAL Index Data

Tiered
Fundamental
MSCI USA Large Cap Index

FQAL Portfolio Management

0.29%
--
--
--

FQAL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FQAL Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FQAL Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FQAL. FQAL is rated a 5 out of 5.

FQAL Tradability

32,981
$1.15M
22,746
$783.14K
0.08%
$0.03
0.01%
0.62% / -0.46%
None
100.00%
50,000
0.45
0.03%
0.01%
0
$35.44
5

FQAL Sector/Industry Breakdown


FQAL
Segment Benchmark
28.89%
29.02%
14.52%
14.77%
13.35%
9.15%
13.11%
13.15%
11.99%
14.03%
6.62%
7.74%
4.49%
5.11%
3.02%
2.64%
2.83%
2.10%
1.18%
2.30%

FQAL Top 10 Holdings[View All]

Apple Inc. 3.88%
22.54%

FQAL Countries


FQAL
Segment Benchmark
100.00%
100.00%

FQAL Regions


FQAL
Segment Benchmark
100.00%
100.00%

FQAL Economic Development


FQAL
Segment Benchmark
100.00%
100.00%

FQAL Performance Statistics

0.99
0.94
0.94
0.93
0.13%
MSCI USA Large Cap Index

FQAL MSCI ESG Ratings

BBB
5.71 / 10
74.37
59.54
7.25%
7.23%
191.88

FQAL Benchmark Comparison Holdings

130
298
85
49.21%

FQAL Benchmark Comparison Summary


FQAL
Segment Benchmark
130
298
$209.49B
$268.77B
20.69
21.93
4.98
3.46
1.95%
1.91%
Low
Low

FQAL Benchmark Comparison Market Cap Size


FQAL
Segment Benchmark
87.87%
99.74%
11.82%
0.26%
0.31%
0.00%
0.00%
0.00%