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Fidelity Fundamental Large Cap Value ETF (FFLV)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Fidelity

Inception Date

Feb 22, 2024

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Value

Expense Ratio

FFLV has an expense ratio of 0.38%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Fundamental Large Cap Value ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
7.35%
11.73%
FFLV (Fidelity Fundamental Large Cap Value ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Fundamental Large Cap Value ETF (FFLV) returned -0.64% year-to-date (YTD) and 4.33% over the past 12 months.


FFLV

YTD

-0.64%

1M

9.94%

6M

-5.89%

1Y

4.33%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of FFLV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.28%0.26%-1.66%-3.26%0.87%-0.64%
20240.46%5.85%-5.01%2.83%-2.19%5.87%2.06%0.63%-0.67%6.84%-7.84%8.04%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FFLV is 42, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FFLV is 4242
Overall Rank
The Sharpe Ratio Rank of FFLV is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLV is 4242
Sortino Ratio Rank
The Omega Ratio Rank of FFLV is 4141
Omega Ratio Rank
The Calmar Ratio Rank of FFLV is 4747
Calmar Ratio Rank
The Martin Ratio Rank of FFLV is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Fundamental Large Cap Value ETF (FFLV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity Fundamental Large Cap Value ETF Sharpe ratios as of May 9, 2025 (values are recalculated daily):

  • 1-Year: 0.25
  • All Time: 0.38

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity Fundamental Large Cap Value ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio-0.500.000.501.00Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20Apr 27May 04
0.25
0.48
FFLV (Fidelity Fundamental Large Cap Value ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Fundamental Large Cap Value ETF provided a 1.77% dividend yield over the last twelve months, with an annual payout of $0.37 per share.


1.46%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.352024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$0.37$0.31

Dividend yield

1.77%1.46%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Fundamental Large Cap Value ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.10$0.00$0.00$0.10
2024$0.04$0.00$0.00$0.09$0.00$0.00$0.08$0.00$0.00$0.10$0.31

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-8.43%
-7.82%
FFLV (Fidelity Fundamental Large Cap Value ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Fundamental Large Cap Value ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Fundamental Large Cap Value ETF was 16.71%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Fidelity Fundamental Large Cap Value ETF drawdown is 8.43%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.71%Dec 2, 202487Apr 8, 2025
-5.99%Aug 1, 20243Aug 5, 202414Aug 23, 202417
-5.83%Apr 1, 202413Apr 17, 202462Jul 17, 202475
-3.46%Sep 3, 20244Sep 6, 20249Sep 19, 202413
-3%Oct 17, 202413Nov 4, 20242Nov 6, 202415

Volatility

Volatility Chart

The current Fidelity Fundamental Large Cap Value ETF volatility is 8.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
8.48%
11.21%
FFLV (Fidelity Fundamental Large Cap Value ETF)
Benchmark (^GSPC)