Skip to Content
Morningstar

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 least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FVAL

More FVAL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

7.32 56.9 Mil
Technology

Apple Inc

6.03 46.8 Mil
Technology

Alphabet Inc Class A

3.95 30.7 Mil
Communication Services

Amazon.com Inc

3.88 30.1 Mil
Consumer Cyclical

Meta Platforms Inc Class A

2.62 20.4 Mil
Communication Services

Berkshire Hathaway Inc Class B

2.06 16.0 Mil
Financial Services

JPMorgan Chase & Co

1.71 13.3 Mil
Financial Services

UnitedHealth Group Inc

1.60 12.4 Mil
Healthcare

Salesforce Inc

1.47 11.4 Mil
Technology

Qualcomm Inc

1.46 11.3 Mil
Technology