FQAL Performance — Fidelity Quality Factor ETF
Data updated: 2026-10-13
FQAL returned +9.37% year to date and +17.30% over one year to Jul 2026. Annualised returns are +17.72% over 3 years and +11.41% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $163, against $153 for the category, and to $117 over one year, against $116. Volatility over the past three years was 11.74% a year. In the 12 months to Jul 2026 the fund took in a net $169.1M, and assets reached $1.41B.
FQAL Growth of $100
What $100 invested in Fidelity Quality Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FQAL | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $117 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $163 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $172 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $257 | $226 |
FQAL Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.37% |
| 1 year | +17.30% |
| 3 years (annualised) | +17.72% |
| 5 years (annualised) | +11.41% |
FQAL Annual Returns
Calendar-year total returns of Fidelity Quality Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +9.37% |
| 2025 | +16.96% |
| 2024 | +22.09% |
| 2023 | +24.14% |
| 2022 | −19.52% |
| 2021 | +31.85% |
| 2020 | +16.19% |
| 2019 (Aug–Dec) | +7.68% |
FQAL Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.5% | +0.3% | −5.5% | +8.0% | +3.7% | +0.4% | +1.0% | — | — | — | — | — |
| 2025 | +2.8% | +0.3% | −4.6% | −0.7% | +5.6% | +3.8% | +1.8% | +2.4% | +3.2% | +0.8% | +0.9% | −0.2% |
| 2024 | +0.9% | +4.5% | +3.2% | −4.6% | +5.2% | +4.1% | +1.4% | +2.8% | +2.0% | −0.6% | +5.2% | −3.4% |
| 2023 | +6.2% | −1.8% | +3.1% | +1.0% | −0.6% | +6.5% | +3.5% | −1.2% | −4.3% | −2.4% | +8.6% | +4.3% |
| 2022 | −5.9% | −3.6% | +3.4% | −8.0% | +0.5% | −8.0% | +8.6% | −4.7% | −9.2% | +7.9% | +6.0% | −6.0% |
| 2021 | −1.2% | +2.2% | +4.8% | +5.2% | +0.5% | +3.1% | +3.7% | +2.6% | −5.0% | +7.0% | +0.2% | +5.2% |
| 2020 | +0.1% | −7.8% | −11.8% | +12.7% | +5.9% | +0.8% | +4.5% | +6.7% | −3.9% | −3.0% | +10.3% | +3.4% |
| 2019 | — | — | — | — | — | — | — | −1.4% | +1.2% | +2.1% | +3.1% | +2.6% |
FQAL Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 11.74%
- 3-year Sharpe ratio: 1.13 (vs 4.5% risk-free rate)
- Best month: +8.59% (Nov 2023)
- Worst month: −5.45% (Mar 2026)
FQAL Fund Flows
Monthly money in and out of Fidelity Quality Factor ETF, from SEC Form N-PORT.
- 12-month net flow: $169.1M
- 12-month gross sales (incl. reinvestments): $413.2M
- Sales ÷ redemptions: 1.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $12.3M | −$12.3M |
| Jun 2026 | $4.1M | $12.2M | −$8.1M |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $44.2M | $7.6M | $36.6M |
| Mar 2026 | $119.2M | $0 | $119.2M |
| Feb 2026 | $80.5M | $80.9M | −$361K |
| Jan 2026 | $7.7M | $0 | $7.7M |
| Dec 2025 | $11.4M | $3.8M | $7.6M |
| Nov 2025 | $3.7M | $3.7M | $47K |
| Oct 2025 | $15.0M | $7.5M | $7.4M |
| Sep 2025 | $3.7M | $3.7M | $47K |
| Aug 2025 | $123.7M | $112.4M | $11.3M |
FQAL Assets Under Management
Net assets of Fidelity Quality Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.41B |
| 2026-04-30 | $1.37B |
| 2026-01-31 | $1.17B |
| 2025-10-31 | $1.14B |
| 2025-07-31 | $1.05B |
| 2025-04-30 | $999.99M |
| 2025-01-31 | $1.10B |
| 2024-10-31 | $1.07B |
| 2024-07-31 | $1.03B |
| 2024-04-30 | $879.00M |
| 2024-01-31 | $607.46M |
| 2023-10-31 | $305.32M |
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.