Fidelity Fundamental Large Cap Value ETF (FFLV)
FFLV is an actively managed ETF by Fidelity. FFLV launched on Feb 22, 2024 and has a 0.38% expense ratio.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Feb 22, 2024 |
| Category | Large Cap Value Equities |
| Index Tracked | No Index (Active) |
| Home Page | institutional.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
FFLV has a high expense ratio of 0.38%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FFLV vs. FFLC, FFLV vs. FNILX
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.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 7.50% |
| 1 month | -3.38% | -1.61% |
| 6 months | N/A | 17.65% |
| 1 year | N/A | 26.26% |
| 5 years (annualized) | N/A | 11.73% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.46% | 5.85% | -5.01% |
Risk-Adjusted Performance
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.
Not enough dataDividends
Dividend History
Fidelity Fundamental Large Cap Value ETF granted a 0.20% dividend yield in the last twelve months. The annual payout for that period amounted to $0.04 per share.
| Period | TTM |
|---|---|
| Dividend | $0.04 |
Dividend yield | 0.20% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 5.83%, occurring on Apr 17, 2024. The portfolio has not yet recovered.
The current Fidelity Fundamental Large Cap Value ETF drawdown is 4.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.83% | Apr 1, 2024 | 13 | Apr 17, 2024 | — | — | — |
| -0.74% | Mar 14, 2024 | 1 | Mar 14, 2024 | 3 | Mar 19, 2024 | 4 |
| -0.39% | Mar 22, 2024 | 1 | Mar 22, 2024 | 3 | Mar 27, 2024 | 4 |
| -0.37% | Feb 28, 2024 | 1 | Feb 28, 2024 | 1 | Feb 29, 2024 | 2 |
| -0.14% | Mar 8, 2024 | 1 | Mar 8, 2024 | 1 | Mar 11, 2024 | 2 |
Volatility
Volatility Chart
The current Fidelity Fundamental Large Cap Value ETF volatility is 3.34%, 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.