Key stats
About Fidelity Value Factor ETF
Expense ratio
0.15%
Home page
Inception date
Sep 12, 2016
ISIN
US3160927824
FVAL is Fidelitys 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.
Classification
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Stock breakdown by region