FFLV Fees and Costs — Fidelity Fundamental Large Cap Value ETF
Data updated: 2026-10-13
The net expense ratio is 0.38%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0126% of average net assets, and portfolio turnover was 44%.
FFLV Fees and Expenses
Annual operating expenses and sales charges of FFLV. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FFLV Costs Over Time
On $10,000 invested in FFLV, assuming 5% a year before costs, total costs come to $249 over 5 years, cutting the return by 0.41% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $136 | $249 |
| Value after costs | $10,459 | $11,440 | $12,514 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
FFLV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0126%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 44%
FFLV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $267 | 17.39% |
| BANK OF AMERICA CORPORATION | $249 | 16.18% |
| JPMORGAN CHASE and CO | $207 | 13.47% |
| JEFFERIES FINANCIAL GROUP INC | $172 | 11.18% |
| UBS GROUP AG | $152 | 9.91% |
| VIRTU FINANCIAL INC | $112 | 7.31% |
| BARCLAYS PLC | $111 | 7.25% |
| MORGAN STANLEY | $108 | 7.00% |
| BNP PARIBAS | $87 | 5.64% |
| ROYAL BANK OF CANADA | $72 | 4.68% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.