Fidelity Value Factor Etf Profile
| FVAL Etf | USD 63.69 0.43 0.68% |
Performance13 of 100
| Odds Of DistressLess than 9
|
Fidelity Value is selling for 63.69 as of the 26th of November 2024. This is a 0.68 percent increase since the beginning of the trading day. The etf's lowest day price was 63.58. Fidelity Value has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Fidelity Value Factor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of July 2023 and ending today, the 26th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities included in the Fidelity U.S. Fidelity Value is traded on NYSEARCA Exchange in the United States. More on Fidelity Value Factor
Moving together with Fidelity Etf
| 0.95 | VTV | Vanguard Value Index | PairCorr |
| 0.98 | VYM | Vanguard High Dividend | PairCorr |
| 0.97 | IWD | iShares Russell 1000 | PairCorr |
| 0.95 | DGRO | iShares Core Dividend | PairCorr |
| 0.95 | IVE | iShares SP 500 | PairCorr |
| 0.9 | DVY | iShares Select Dividend | PairCorr |
Moving against Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Large Value, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2016-09-15 |
| Benchmark | Fidelity U.S. Value Factor Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 954.53 Million |
| Average Trading Valume | 107,147 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | FMR Co., Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Deane Gyllenhaal, Patrick Waddell, Louis Bottari, Peter Matthew, Robert Regan, Thomas Brussard Jr |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 131 |
| Market Maker | Susquehanna |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 20.92 |
| Name | Fidelity Value Factor ETF |
| Currency Code | USD |
| Open Figi | BBG00DRGLK44 |
| In Threey Volatility | 16.99 |
| 1y Volatility | 10.8 |
| 200 Day M A | 57.9522 |
| 50 Day M A | 61.3768 |
| Code | FVAL |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
Fidelity Value Factor [FVAL] is traded in USA and was established 2016-09-12. The fund is listed under Large Value category and is part of Fidelity Investments family. The entity is thematically classified as Large Cap ETFs. Fidelity Value Factor currently have 409.8 M in assets under management (AUM). , while the total return for the last 3 years was 9.3%.
Check Fidelity Value Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Value Factor Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Value Factor Etf Constituents
| BA | The Boeing | Stock | Industrials | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| MCD | McDonalds | Stock | Consumer Discretionary | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| WFC | Wells Fargo | Stock | Financials | |
| V | Visa Class A | Stock | Financials | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| PG | Procter Gamble | Stock | Consumer Staples |
Fidelity Value Factor Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Value. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1165 | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) |
Fidelity Value Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Value Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Fidelity Value Factor is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Value's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Value's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Value's market value can be influenced by many factors that don't directly affect Fidelity Value's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Value's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.