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 |
| Leveraged | 1x |
| 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 features an expense ratio of 0.38%, falling within 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.
Popular comparisons: FFLV vs. FFLC, FFLV vs. FFSM, FFLV vs. FNILX, FFLV vs. VDIGX, FFLV vs. VLUE, FFLV vs. FFLG, FFLV vs. AVLV, FFLV vs. FDVV, FFLV vs. SCHD, FFLV vs. CGDV
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 | 25.82% |
| 1 month | 3.48% | 3.20% |
| 6 months | 10.52% | 14.94% |
| 1 year | N/A | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.46% | 5.85% | -5.01% | 2.83% | -2.19% | 5.87% | 2.06% | 0.63% | -0.67% | 15.21% |
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 provided a 0.93% dividend yield over the last twelve months, with an annual payout of $0.21 per share.
| Period | TTM |
|---|---|
| Dividend | $0.21 |
Dividend yield | 0.93% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.21 |
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.
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 5.99%, occurring on Aug 5, 2024. Recovery took 14 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.99% | Aug 1, 2024 | 3 | Aug 5, 2024 | 14 | Aug 23, 2024 | 17 |
| -5.83% | Apr 1, 2024 | 13 | Apr 17, 2024 | 62 | Jul 17, 2024 | 75 |
| -3.46% | Sep 3, 2024 | 4 | Sep 6, 2024 | 9 | Sep 19, 2024 | 13 |
| -3% | Oct 17, 2024 | 13 | Nov 4, 2024 | 2 | Nov 6, 2024 | 15 |
| -2.93% | Jul 18, 2024 | 5 | Jul 24, 2024 | 4 | Jul 30, 2024 | 9 |
Volatility
Volatility Chart
The current Fidelity Fundamental Large Cap Value ETF volatility is 4.30%, 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.