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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 sizable 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 34.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

7.03 65.3 Mil
Technology

Apple Inc

6.21 57.7 Mil
Technology

NVIDIA Corp

5.59 52.0 Mil
Technology

Alphabet Inc Class A

4.18 38.9 Mil
Communication Services

Meta Platforms Inc Class A

2.50 23.2 Mil
Communication Services

Berkshire Hathaway Inc Class B

2.14 19.9 Mil
Financial Services

Eli Lilly and Co

2.14 19.9 Mil
Healthcare

Broadcom Inc

1.93 17.9 Mil
Technology

Visa Inc Class A

1.49 13.9 Mil
Financial Services

Johnson & Johnson

1.43 13.3 Mil
Healthcare