Fidelity Value Factor ETF (FVAL)
FVAL is a passive ETF by Fidelity tracking the investment results of the Fidelity U.S. Value Factor Index. FVAL launched on Sep 12, 2016 and has a 0.29% expense ratio.
ETF Info
US3160927824
316092782
Sep 12, 2016
North America (U.S.)
1x
Fidelity U.S. Value Factor Index
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Value 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 Value Factor ETF had a return of 20.47% year-to-date (YTD) and 27.89% in the last 12 months.
FVAL
20.47%
1.96%
12.54%
27.89%
13.41%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of FVAL, 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 | 0.23% | 3.72% | 4.01% | -4.17% | 3.26% | 2.45% | 2.27% | 1.24% | 2.06% | -0.25% | 20.47% | ||
| 2023 | 6.61% | -3.17% | 1.63% | 1.64% | -0.52% | 6.57% | 3.83% | -2.14% | -3.70% | -2.63% | 8.52% | 5.31% | 23.10% |
| 2022 | -2.07% | -3.00% | 3.05% | -7.16% | 1.97% | -10.19% | 7.46% | -4.11% | -9.29% | 10.42% | 5.79% | -5.81% | -14.40% |
| 2021 | -0.02% | 3.77% | 6.72% | 5.07% | 1.65% | 0.75% | 2.04% | 2.47% | -4.77% | 4.72% | -0.86% | 5.82% | 30.33% |
| 2020 | -2.02% | -8.88% | -16.44% | 13.82% | 3.59% | 1.97% | 3.57% | 6.71% | -3.81% | -2.11% | 11.79% | 4.54% | 9.08% |
| 2019 | 9.19% | 2.44% | 0.28% | 4.64% | -8.18% | 7.00% | 2.00% | -3.90% | 3.82% | 3.61% | 4.36% | 2.71% | 30.33% |
| 2018 | 4.72% | -4.10% | -2.39% | 0.03% | 1.84% | 1.12% | 3.13% | 2.80% | 0.68% | -6.29% | 2.07% | -10.64% | -7.87% |
| 2017 | 1.89% | 3.81% | -0.49% | 0.08% | 0.06% | 2.21% | 2.06% | 0.23% | 2.11% | 2.31% | 3.61% | 2.69% | 22.49% |
| 2016 | 0.82% | -0.69% | 6.36% | 1.95% | 8.57% |
Expense Ratio
FVAL features an expense ratio of 0.29%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FVAL is 80, placing it in the top 20% 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 Value Factor ETF (FVAL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Value Factor ETF provided a 1.57% dividend yield over the last twelve months, with an annual payout of $0.99 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.99 | $0.90 | $0.79 | $0.73 | $0.65 | $0.67 | $0.61 | $0.53 | $0.12 |
Dividend yield | 1.57% | 1.69% | 1.79% | 1.41% | 1.61% | 1.77% | 2.06% | 1.62% | 0.45% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Value 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 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.74 | |
| 2023 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.25 | $0.90 |
| 2022 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.18 | $0.79 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.22 | $0.73 |
| 2020 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.65 |
| 2019 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.67 |
| 2018 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.61 |
| 2017 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.53 |
| 2016 | $0.12 | $0.12 |
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 Value 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 Value Factor ETF was 37.26%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current Fidelity Value Factor ETF drawdown is 0.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.26% | Feb 13, 2020 | 27 | Mar 23, 2020 | 166 | Nov 16, 2020 | 193 |
| -23.42% | Jan 5, 2022 | 186 | Sep 30, 2022 | 300 | Dec 11, 2023 | 486 |
| -19.69% | Sep 24, 2018 | 64 | Dec 24, 2018 | 137 | Jul 12, 2019 | 201 |
| -10.78% | Jan 29, 2018 | 39 | Mar 23, 2018 | 108 | Aug 27, 2018 | 147 |
| -7.76% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
Volatility
Volatility Chart
The current Fidelity Value Factor ETF volatility is 4.15%, 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.