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 |
| Expense Ratio | 0.29% |
| Index Tracked | Fidelity U.S. Quality Factor Index |
| ETF Home Page | screener.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Trading Data
| Previous Close | $48.44 |
|---|---|
| Year Range | $42.83 - $55.81 |
| EMA (50) | $46.65 |
| EMA (200) | $48.93 |
| Average Volume | $49.09K |
FQALShare Price Chart
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FQALPerformance
The chart shows the growth of $10,000 invested in Fidelity Quality Factor ETF in Sep 2016 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $20,784 for a total return of roughly 107.84%. All prices are adjusted for splits and dividends.
FQALReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | 4.95% | 5.72% |
| 6M | -7.08% | -8.06% |
| YTD | -13.84% | -13.51% |
| 1Y | -5.72% | -7.08% |
| 5Y | 12.29% | 10.77% |
| 10Y | 13.23% | 11.71% |
FQALMonthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -6.27% | -3.69% | 3.57% | -7.94% | 0.46% | -8.14% | 8.77% | -0.27% | ||||
| 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% |
| 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% |
| 2019 | 8.08% | 3.39% | 1.57% | 3.46% | -6.29% | 6.26% | 1.72% | -1.42% | 1.17% | 1.95% | 3.30% | 2.55% |
| 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% |
| 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% |
| 2016 | 0.95% | -1.68% | 3.35% | 1.66% |
FQALDividend History
Fidelity Quality Factor ETF granted a 1.46% dividend yield in the last twelve months. The annual payout for that period amounted to $0.70 per share.
| Period | TTM | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.66 | $0.63 | $0.58 | $0.52 | $0.49 | $0.11 |
Dividend yield | 1.46% | 1.18% | 1.50% | 1.61% | 1.83% | 1.64% | 0.47% |
FQALDrawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
FQALWorst Drawdowns
The table below shows the maximum drawdowns of the Fidelity Quality Factor ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Fidelity Quality Factor ETF is 33.71%, recorded on Mar 23, 2020. It took 97 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.71% | Feb 20, 2020 | 23 | Mar 23, 2020 | 97 | Aug 10, 2020 | 120 |
| -23.25% | Dec 30, 2021 | 118 | Jun 17, 2022 | — | — | — |
| -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 |
| -6.57% | May 6, 2019 | 20 | Jun 3, 2019 | 13 | Jun 20, 2019 | 33 |
| -5.78% | Jul 29, 2019 | 6 | Aug 5, 2019 | 59 | Oct 28, 2019 | 65 |
| -5.75% | Aug 31, 2021 | 24 | Oct 4, 2021 | 13 | Oct 21, 2021 | 37 |
| -4.82% | Feb 16, 2021 | 13 | Mar 4, 2021 | 7 | Mar 15, 2021 | 20 |
| -4.49% | Sep 23, 2016 | 30 | Nov 3, 2016 | 10 | Nov 17, 2016 | 40 |
FQALVolatility Chart
Current Fidelity Quality Factor ETF volatility is 13.90%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.