

While American investors have spent the last decade celebrating the Magnificent Seven and paying premium multiples for U.S.

Key Takeaways Value firms may offer more durability and returns over time in a volatile near- to medium-term outlook.

The Nasdaq 100 is down more than 6% year-to-date. Meanwhile, the broad international developed market benchmark has held up far better.

The S&P 500 is down 1.6% so far in 2026. Meanwhile, emerging markets are up sharply, developed international markets are outperforming, and a decade-long valuation gap between US and non-US equities is finally closing.

Fidelity International Value Factor ETF (FIVA) offers low-cost, value-oriented international equity exposure, trading at a 14.19x P/E and yielding 2.52%. FIVA is positioned to benefit from ongoing investor rotation into value stocks and international diversification amid concerns over US growth and AI-driven market concentration. Recent share price declines, potentially driven by Middle East disruptions, present a potential buy opportunity as energy-related risks may be short-lived.

Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity International Value Factor ETF (NYSEARCA:FIVA) by 126.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,837 shares of the company's stock after purchasing an additional 26,130

Growth stocks that propelled the market in 2025 have raised questions as to whether their current valuations align with their fundamentals. This uncertainty is helping to bring value investing back into the forefront.

Shopping for Fidelity exchange-traded funds (ETFs)? A good place to start is by looking at the top nine performers of 2025, all of which returned over 27% last year.