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Fidelity Quality Factor ETF FQAL

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

Morningstar’s Analysis FQAL

Will FQAL 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 FQAL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FQAL 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 FQAL’s parent organization’s priorities and whether they’re in line with investors’ interests.

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

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 FQAL

More FQAL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

7.09 61.3 Mil
Technology

Apple Inc

5.82 50.3 Mil
Technology

NVIDIA Corp

4.89 42.3 Mil
Technology

Alphabet Inc Class A

3.95 34.1 Mil
Communication Services

Meta Platforms Inc Class A

2.64 22.8 Mil
Communication Services

Berkshire Hathaway Inc Class B

2.22 19.2 Mil
Financial Services

Eli Lilly and Co

2.08 18.0 Mil
Healthcare

Broadcom Inc

1.82 15.8 Mil
Technology

Visa Inc Class A

1.51 13.0 Mil
Financial Services

Johnson & Johnson

1.47 12.7 Mil
Healthcare