Fidelity Quality Factor ETF (FQAL)
FQAL is a passive ETF by Fidelity tracking the investment results of the Fidelity U.S. Quality Factor Index. FQAL launched on Sep 12, 2016 and has a 0.29% expense ratio.
ETF Info
| ISIN | US3160927907 |
|---|---|
| CUSIP | 316092790 |
| Issuer | Fidelity |
| Inception Date | Sep 12, 2016 |
| Region | North America (U.S.) |
| Category | Large Cap Growth Equities |
| Leveraged | 1x |
| Index Tracked | Fidelity U.S. Quality Factor Index |
| Home Page | screener.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
FQAL features an expense ratio of 0.29%, falling within the medium range.
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: FQAL vs. MOAT, FQAL vs. VEVE.AS, FQAL vs. SPHQ, FQAL vs. VOO, FQAL vs. QUAL, FQAL vs. JQUA, FQAL vs. SCHD, FQAL vs. PRCOX, FQAL vs. FTEC, FQAL vs. SCHG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Quality Factor 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
Fidelity Quality Factor ETF had a return of 21.92% year-to-date (YTD) and 38.73% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.92% | 22.29% |
| 1 month | 1.64% | 1.65% |
| 6 months | 17.56% | 15.83% |
| 1 year | 38.73% | 39.98% |
| 5 years (annualized) | 14.65% | 13.99% |
| 10 years (annualized) | N/A | 11.23% |
Monthly Returns
The table below presents the monthly returns of FQAL, 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 | 0.74% | 4.40% | 3.42% | -4.65% | 5.14% | 4.08% | 1.34% | 2.78% | 1.93% | 21.92% | |||
| 2023 | 6.04% | -1.70% | 2.96% | 1.00% | -0.65% | 6.56% | 3.33% | -1.04% | -4.30% | -2.38% | 8.54% | 4.38% | 24.20% |
| 2022 | -6.27% | -3.69% | 3.57% | -7.94% | 0.46% | -8.14% | 8.77% | -4.70% | -9.04% | 7.57% | 5.90% | -5.88% | -19.70% |
| 2021 | -1.32% | 2.43% | 4.71% | 5.24% | 0.62% | 3.14% | 3.63% | 2.63% | -4.96% | 6.87% | 0.41% | 5.38% | 32.13% |
| 2020 | 0.11% | -6.81% | -12.64% | 12.73% | 5.61% | 0.83% | 4.71% | 6.75% | -3.91% | -3.51% | 10.85% | 3.36% | 16.17% |
| 2019 | 8.08% | 3.39% | 1.57% | 3.46% | -6.29% | 6.26% | 1.72% | -1.42% | 1.17% | 1.94% | 3.30% | 2.55% | 28.12% |
| 2018 | 4.86% | -2.82% | -2.33% | -0.41% | 3.03% | 0.62% | 3.39% | 3.60% | 0.08% | -6.51% | 1.83% | -8.83% | -4.39% |
| 2017 | 2.21% | 4.38% | -0.04% | 0.54% | 0.98% | 1.47% | 1.89% | 0.78% | 2.08% | 1.77% | 3.65% | 1.30% | 23.03% |
| 2016 | 0.95% | -1.68% | 3.35% | 1.66% | 4.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FQAL is 86, placing it in the top 14% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Quality Factor ETF (FQAL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Quality Factor ETF provided a 1.09% dividend yield over the last twelve months, with an annual payout of $0.72 per share. The fund has been increasing its distributions for 7 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.74 | $0.67 | $0.66 | $0.63 | $0.58 | $0.52 | $0.49 | $0.11 |
Dividend yield | 1.09% | 1.35% | 1.52% | 1.17% | 1.46% | 1.55% | 1.73% | 1.53% | 0.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Quality Factor 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 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.54 | ||
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.74 |
| 2022 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.13 | $0.67 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.15 | $0.66 |
| 2020 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.16 | $0.63 |
| 2019 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.58 |
| 2018 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.52 |
| 2017 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.49 |
| 2016 | $0.11 | $0.11 |
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 Quality Factor 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 Quality Factor ETF was 33.71%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.
The current Fidelity Quality Factor ETF drawdown is 1.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.71% | Feb 20, 2020 | 23 | Mar 23, 2020 | 97 | Aug 10, 2020 | 120 |
| -25.5% | Dec 30, 2021 | 198 | Oct 12, 2022 | 318 | Jan 19, 2024 | 516 |
| -18.6% | Sep 24, 2018 | 64 | Dec 24, 2018 | 75 | Apr 12, 2019 | 139 |
| -9.49% | Jan 29, 2018 | 9 | Feb 8, 2018 | 115 | Jul 25, 2018 | 124 |
| -9.16% | Sep 3, 2020 | 41 | Oct 30, 2020 | 11 | Nov 16, 2020 | 52 |
Volatility
Volatility Chart
The current Fidelity Quality Factor ETF volatility is 2.52%, 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.