FVAL — Fidelity Value Factor ETF
Data updated: 2026-06-26
FVAL — Fidelity Value Factor ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Value Equity · $1.21B AUM · 0.15% expense ratio · 32.8% 1-yr return. From SEC regulatory filings.
FVAL Fund Overview
FVAL — Fidelity Value Factor ETF is a US ETF managed by Fidelity Covington Trust, categorised as United States Large Cap Value 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 Value Equity
- Assets under management: $1.21B
- 1-year return: 32.8%
- Ticker: FVAL
- SEC CIK: 0000945908
- SEC series ID: S000054754
- Share class ID: C000171935
FVAL Holdings
Top 10 holdings of Fidelity Value Factor ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 7.56% |
| Apple, Inc. | 6.26% |
| Alphabet, Inc. | 5.87% |
| Microsoft Corp. | 4.76% |
| Amazon.com, Inc. | 4.35% |
| Fidelity Revere Street Trust | 4.11% |
| Broadcom, Inc. | 3.72% |
| Meta Platforms, Inc. | 2.21% |
| Berkshire Hathaway, Inc. Del | 1.78% |
| Micron Technology, Inc. | 1.71% |
FVAL Portfolio Allocation
Asset-class allocation of Fidelity Value Factor ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.5% |
| Cash & Equivalents | 4.4% |
| Derivatives | 0.3% |
FVAL Performance
Total returns for FVAL (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.6% |
| 1 year | 32.8% |
| 3 years (annualised) | 19.8% |
| 5 years (annualised) | 12.0% |
FVAL Risk Information
Risk metrics for FVAL, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.1%
FVAL Costs and Fees
FVAL costs about $15 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.15%
- Gross expense ratio: 0.15%
- Portfolio turnover: 42%
- Brokerage commissions: 0.84 bps of average net assets (SEC N-CEN)
FVAL Cashflows
Over the 12 months to 2026-04, Fidelity Value Factor ETF had net inflows of $47.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $25.20M |
| 2026-03 | $15.59K |
| 2026-02 | $10.13M |
| 2026-01 | $7.36M |
| 2025-12 | −$18.06M |
| 2025-11 | $10.30M |
FVAL Debt Constituents
Largest debt holdings of Fidelity Value Factor ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.03% |
FVAL Prospectus and SEC Filings
Official Fidelity Value Factor ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Value 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.