FVALFidelity Value Factor ETF
FVAL Fund Description
FVAL follows a fundamentally selected, tier-weighted index of large-cap US stocks.
FVAL Factset Analytics Insight
FVAL is Fidelity’s take on US value investing. It follows a proprietary selection method where constituents are selected from the largest 1,000 US stocks based on four value measurements: high free-cash-flow yield, low enterprise-value-to-EBITDA, low price-to-tangible-book-value, and low price-to-future-earnings. The fund weights each sector in its portfolio in-line with the broad market. Individual stocks are then weighed on their value characteristics within the amount set for the sector. The index is rebalanced semi-annually.
FVAL MSCI ESG Analytics Insight
Fidelity Value Factor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.38 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 Value Factor ETF ranks in the 59th percentile within its peer group and in the 40th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FVAL 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.
FVAL Summary Data
FVAL Portfolio Data
FVAL Index Data
FVAL Portfolio Management
FVAL Tax Exposures
FVAL Fund Structure
FVAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FVAL. FVAL is rated a 5 out of 5.
FVAL Sector/Industry Breakdown
FVAL Top 10 Holdings[View All]
FVAL Economic Development
FVAL Performance Statistics
FVAL MSCI ESG Ratings
FVAL Benchmark Comparison Summary
FVAL Benchmark Comparison Market Cap Size