FQAL — Fidelity Quality Factor ETF
Data updated: 2026-06-26
FQAL — Fidelity Quality Factor ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Blend / Core Equity · $1.37B AUM · 0.15% expense ratio · 24.5% 1-yr return. From SEC regulatory filings.
FQAL Fund Overview
FQAL — Fidelity Quality Factor ETF is a US ETF managed by Fidelity Covington Trust, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Fidelity Covington Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $1.37B
- 1-year return: 24.5%
- Ticker: FQAL
- SEC CIK: 0000945908
- SEC series ID: S000054753
- Share class ID: C000171934
FQAL Holdings
Top 10 holdings of Fidelity Quality Factor ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 7.47% |
| Apple, Inc. | 6.18% |
| Alphabet, Inc. | 5.78% |
| Fidelity Revere Street Trust | 5.33% |
| Microsoft Corp. | 4.72% |
| Broadcom, Inc. | 3.59% |
| Meta Platforms, Inc. | 2.08% |
| JPMORGAN CHASE and CO | 1.73% |
| ELI LILLY and CO | 1.43% |
| Visa, Inc. | 1.33% |
FQAL Portfolio Allocation
Asset-class allocation of Fidelity Quality Factor ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 94.2% |
| Cash & Equivalents | 5.3% |
| Derivatives | 0.1% |
FQAL Performance
Total returns for FQAL (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.0% |
| 1 year | 24.5% |
| 3 years (annualised) | 19.3% |
| 5 years (annualised) | 11.9% |
FQAL Risk Information
Risk metrics for FQAL, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.4%
FQAL Costs and Fees
FQAL costs about $15 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.15%
- Gross expense ratio: 0.15%
- Portfolio turnover: 33%
- Brokerage commissions: 0.41 bps of average net assets (SEC N-CEN)
FQAL Cashflows
Over the 12 months to 2026-04, Fidelity Quality Factor ETF had net inflows of $132.31M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $36.56M |
| 2026-03 | $119.19M |
| 2026-02 | −$361.11K |
| 2026-01 | $7.72M |
| 2025-12 | $7.55M |
| 2025-11 | $47.36K |
FQAL Debt Constituents
Largest debt holdings of Fidelity Quality Factor ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.02% |
FQAL Prospectus and SEC Filings
Official Fidelity Quality Factor ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.