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Fidelity Value Factor ETF FVAL

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FVAL

Will FVAL outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FVAL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FVAL management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FVAL’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity Value Factor ETF's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FVAL

More FVAL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

7.65 58.6 Mil
Technology

Apple Inc

6.75 51.8 Mil
Technology

Alphabet Inc Class A

4.35 33.3 Mil
Communication Services

Amazon.com Inc

3.97 30.5 Mil
Consumer Cyclical

Meta Platforms Inc Class A

2.51 19.2 Mil
Communication Services

Berkshire Hathaway Inc Class B

2.04 15.7 Mil
Financial Services

Qualcomm Inc

1.85 14.2 Mil
Technology

JPMorgan Chase & Co

1.75 13.4 Mil
Financial Services

Applied Materials Inc

1.59 12.2 Mil
Technology

UnitedHealth Group Inc

1.58 12.1 Mil
Healthcare