Fidelity Value Factor ETF

Frequently Asked Questions About FVAL

What does FVAL invest in?

The Fidelity Value Factor ETF strategically invests in companies whose shares are trading at attractive valuations, meaning their market prices are low when compared to their underlying financial strength and fundamentals. This investment approach has a documented history of generating superior returns compared to the broader market over extended periods.

What is the expense ratio of FVAL?

Fidelity Value Factor ETF (FVAL) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FVAL?

Fidelity Value Factor ETF (FVAL) manages $1.25B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FVAL actively managed or an index fund?

FVAL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FVAL launched?

Fidelity Value Factor ETF (FVAL) launched in September 2016 and is managed by Fidelity.

How has FVAL performed?

FVAL's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.