Fidelity Value Factor ETFFVAL

FidelityUS Stock StylesValue#224 of 701 by YTD

$83.42

+2.0% last session

+16.7% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026FVALS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+2.0%	+1.4%	+1.2%	+16.7%	+19.9%	+89.5%	+83.1%	+294.4%
Peer average	+1.9%	+4.3%	+2.4%	+20.4%	+25.0%	+82.6%	+77.3%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $1.4B
Expense ratio: 0.15%
Distribution yield: 1.5%
NAV: $83.38
Volume: 43K
Avg. volume 30D: 38K
High today: $83.70
Low today: $82.98
Previous close: $81.76
52-week high: $83.71
52-week low: $67.20
Our risk indicator: 4/5

FVAL in One Breath

FVAL Among Value ETFs

YTD

#1VLUEiShares+43.0%$9.4B

#2QVALAlpha Architect+35.0%$735M

#3IWXiShares+28.5%$4.1B

#4VONVVanguard+27.6%$21.7B

#5IWDiShares+27.5%$85.3B

#6FBCVFidelity+27.3%$184M

#7VFVAVanguard+26.7%$897M

#8LVDSJ.P. Morgan+26.5%$117M

#56FVALFidelity+16.7%$1.4B

End-of-day Nov 5, 2026 · 77 Value ETFs by YTD

$10,000 in FVAL

$10,000 in FVAL became

$18,310

In the S&P 500 (VOO)

$18,115

Total return, dividends in · Oct 27, 2021 – Nov 4, 2026 · S&P 500 uses VOO

FVAL’s Top Holdings

Today

NVDANvidia7.8%AAPL7.7%MSFT6.3%GOOGL4.3%AMZN3.6%AVGO2.8%MU2.1%META2.1%LLY2.1%BRK-B2.1%TSLA1.7%V1.6%0Y0Y.L1.4%JNJ1.3%XOM1.2%ABBV1.2%QCOM1.1%INTU1.0%MRK1.0%COST1.0%SNDK1.0%CTSH1.0%108 more

NVDANvidia7.8%AAPL7.7%MSFT6.3%GOOGL4.3%AMZN3.6%AVGO2.8%MU2.1%METALLYBRK-BTSLAV118 more

TechnologyFinancial ServicesHealthcareCommunication ServicesConsumer CyclicalOther

Fidelity FVAL · 130 holdings · tile size = share of the fund · as of Nov 4, 2026

What FVAL Holds

Today

Technology36.3%

NVDA 7.8 · AAPL 7.7 · MSFT 6.3 · AVGO 2.8 · MU 2.1 · 0Y0Y.L 1.4 · QCOM 1.1

Financial Services12.5%

BRK-B 2.1 · V 1.6 · WFC · C · COF · TRV · ALL

Healthcare10.5%

LLY 2.1 · JNJ 1.3 · ABBV 1.2 · MRK · GILD · PFE · REGN

Communication Services7.9%

GOOGL 4.3 · META 2.1 · NFLX · DIS · VZ · CMCSA

Industrials7.5%

RTX · CAT · DE · LMT · UPS · GD · FDX

Consumer Cyclical7.4%

AMZN 3.6 · TSLA 1.7 · HD · MCD · LOW · BKNG · GM

Consumer Defensive4.6%

COST · PG · MO · TGT · KR · KMB · ADM

Fidelity FVAL · share of the fund by sector · as of Nov 4, 2026

Nvidia’s Share of FVAL

Today

7.8%

$78 of every $1,000 in FVAL is Nvidia

Nvidia held by FVAL

$105M

Most Nvidia per dollar

SMH20.6%

SMHX20.1%

GXPT19.9%

FDG19.0%

Fidelity FVAL · each square = $10 of $1,000 · as of Nov 4, 2026

FVAL’s Share of Value ETFs

Today

0.3%

of the $464B in 83 Value ETFs

FVAL$1.4B0.3%

VTV$184B39.7%

IWD$85.3B18.4%

80 others$194B41.7%

Value ETF AUM · Nov 5, 2026

FVAL Fee per $100 vs Peers

Today

$0.15a year
per $100

$15 a year on $10,000

VTV$0.03

IUSV$0.04

VONV$0.06

FVAL$0.15

IWD$0.18

DFAT$0.31

Expense ratio · Value peers · Nov 5, 2026

Inside FVAL

130 holdings · as of Nov 4, 2026

FVAL

Fidelity Value Factor ETF

Today

#	Ticker	Company	Weight ▼
1	NVDA	Nvidia	7.76%
2	AAPL	Apple	7.67%
3	MSFT	Microsoft	6.25%
4	GOOGL	Alphabet	4.25%
5	AMZN	Amazon	3.56%
6	AVGO	Broadcom	2.84%
7	MU	Micron Technology	2.14%
8	META	META Platforms	2.06%
9	LLY	ELI Lilly &	2.06%
10	BRK-B	Berkshire Hathaway	2.06%

TechnologyFinancial ServicesHealthcareCommunication ServicesIndustrialsConsumer CyclicalConsumer DefensiveEnergyBasic MaterialsUtilitiesReal EstateOther

Fidelity FVAL · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 53.3%

How It Compares

FVAL

Fidelity Value Factor ETF’s Peers

Today


VTV	VanguardRead Desk	0.03%	+1.5%	+27.5%	$184.2B
IWD	iSharesRead Desk	0.18%	+2.6%	+32.0%	$85.3B
DFAT	DimensionalRead Desk	0.31%	+1.3%	+26.4%	$32.1B
IUSV	iSharesRead Desk	0.04%	+2.0%	+18.7%	$28.4B
VONV	VanguardRead Desk	0.06%	+2.6%	+32.2%	$21.7B
FVAL	FidelityThis fundRead Desk	0.15%	+2.0%	+19.9%	$1.4B

Value peers · Today’s and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put FVAL head to head with VTV →

VTV vs FVAL

YTD

VTVVanguard · ValueFVALFidelity · Value

Year to date

+22.8%

+16.7%

VTV wins+6.0 pts

Past year

+27.5%

+19.9%

VTV wins+7.6 pts

Fee

0.03%

0.15%

VTV winslower fee

Yield

1.8%

1.5%

VTV wins+0.3 pts

AUM

$184B

$1.4B

VTV136.4× more

4–0VTV wins

Vanguard VTV and Fidelity FVAL · year-to-date · as of Nov 5, 2026 · AUM not scored

FVAL vs VOO

YTD

FVAL · Fidelity Value Factor

+16.7%

VOO · S&P 500

+13.4%

Gap

3.4 pts

Fidelity FVAL and Vanguard VOO · Today total return · as of Nov 5, 2026

FVAL vs Its Peer Average

YTD

FVALAvsBPeer average

1D+2.0%+1.9%

1M+1.4%+4.3%

3M+1.2%+2.4%

YTD+16.7%+20.4%

1Y+19.9%+25.0%

3Y+89.5%+82.6%

5Y+83.1%+77.3%

3–4Peer average wins

82 Value peers · each row scaled to its leader

The Details

FVAL

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y11.93%

Deepest drop · 1Y−8.9%

Lowest point · 5Y−16.2%

52-week range

$83.42

$67.20−0.3% from the high$83.71

Fidelity FVAL · past-year price moves · as of Nov 5, 2026

FVAL

Fund Facts

Today

2016launched Sep 12

Tracks[…]

Exchange · CUSIPAMEX · 316092782

StructureETF

Leverage1x

Cost on $10,000$15 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Fidelity FVAL · fund facts · as of Nov 5, 2026

FVAL

Payouts by Year

11Y

$0.25per share, Sep 2026

Distribution yield1.5%

PaidEvery quarter

Latest ex-date · paidSep 18 · Sep 22, 2026

12 payouts added up$3.25 a share

Fidelity FVAL · distributions by ex-date · 2016–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$83.38

Premium / discount[…]

Median spread · 30D[…]

Volume today43K

Average volume · 30D38K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.15%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$15.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 18, 2026	Sep 22, 2026	$0.25
Jun 18, 2026	Jun 23, 2026	$0.30
Mar 20, 2026	Mar 24, 2026	$0.30
Dec 19, 2025	Dec 23, 2025	$0.38
Sep 19, 2025	Sep 23, 2025	$0.28
Jun 20, 2025	Jun 24, 2025	$0.23
Mar 21, 2025	Mar 25, 2025	$0.28
Dec 20, 2024	Dec 24, 2024	$0.24
Sep 20, 2024	Sep 24, 2024	$0.25
Jun 21, 2024	Jun 25, 2024	$0.25
Mar 15, 2024	Mar 20, 2024	$0.25
Dec 15, 2023	Dec 20, 2023	$0.25

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