FVAL Performance — Fidelity Value Factor ETF
Data updated: 2026-10-13
FVAL returned +12.15% year to date and +26.50% over one year to Jul 2026. Annualised returns are +18.39% over 3 years and +12.38% over 5 years. The fund beat its US Large Value category average: $100 invested three years ago grew to $166, against $156 for the category, and to $127 over one year, against $122. Volatility over the past three years was 12.59% a year. In the 12 months to Jul 2026 the fund took in a net $103.3M, and assets reached $1.33B.
FVAL Growth of $100
What $100 invested in Fidelity Value Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | FVAL | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $127 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $166 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $179 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $264 | $226 |
FVAL Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.15% |
| 1 year | +26.50% |
| 3 years (annualised) | +18.39% |
| 5 years (annualised) | +12.38% |
FVAL Annual Returns
Calendar-year total returns of Fidelity Value Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.15% |
| 2025 | +19.56% |
| 2024 | +18.13% |
| 2023 | +23.01% |
| 2022 | −14.32% |
| 2021 | +30.67% |
| 2020 | +8.88% |
| 2019 (Aug–Dec) | +10.97% |
FVAL 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 | +2.2% | −1.1% | −4.7% | +9.6% | +5.4% | −2.4% | +3.2% | — | — | — | — | — |
| 2025 | +3.1% | −1.0% | −4.8% | −2.2% | +5.4% | +4.5% | +1.2% | +4.2% | +2.8% | +2.6% | +0.8% | +1.9% |
| 2024 | +0.2% | +3.7% | +4.0% | −4.1% | +3.3% | +2.4% | +2.3% | +1.3% | +2.2% | −0.4% | +6.1% | −3.6% |
| 2023 | +6.5% | −3.1% | +1.6% | +1.7% | −0.6% | +6.6% | +3.8% | −2.2% | −3.7% | −2.6% | +8.5% | +5.3% |
| 2022 | −2.1% | −2.6% | +2.8% | −7.1% | +1.8% | −10.0% | +7.5% | −4.2% | −9.3% | +10.5% | +5.9% | −5.9% |
| 2021 | +0.2% | +3.6% | +6.9% | +5.2% | +1.5% | +0.9% | +1.9% | +2.8% | −4.8% | +4.7% | −0.9% | +5.8% |
| 2020 | −2.1% | −9.2% | −15.9% | +13.6% | +3.6% | +1.8% | +3.8% | +6.7% | −3.9% | −2.2% | +12.0% | +4.3% |
| 2019 | — | — | — | — | — | — | — | −3.5% | +3.4% | +3.6% | +4.4% | +2.7% |
FVAL Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.59%
- 3-year Sharpe ratio: 1.10 (vs 4.5% risk-free rate)
- Best month: +9.59% (Apr 2026)
- Worst month: −4.82% (Mar 2025)
FVAL Fund Flows
Monthly money in and out of Fidelity Value Factor ETF, from SEC Form N-PORT.
- 12-month net flow: $103.3M
- 12-month gross sales (incl. reinvestments): $458.9M
- Sales ÷ redemptions: 1.29×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $35.7M | $0 | $35.7M |
| Jun 2026 | $11.9M | $0 | $11.9M |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $25.2M | $0 | $25.2M |
| Mar 2026 | $3.5M | $3.5M | $16K |
| Feb 2026 | $220.8M | $210.7M | $10.1M |
| Jan 2026 | $7.4M | $0 | $7.4M |
| Dec 2025 | $0 | $18.1M | −$18.1M |
| Nov 2025 | $17.3M | $7.0M | $10.3M |
| Oct 2025 | $3.5M | $0 | $3.5M |
| Sep 2025 | $13.6M | $0 | $13.6M |
| Aug 2025 | $119.9M | $116.4M | $3.5M |
FVAL Assets Under Management
Net assets of Fidelity Value Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.33B |
| 2026-04-30 | $1.21B |
| 2026-01-31 | $1.14B |
| 2025-10-31 | $1.09B |
| 2025-07-31 | $979.85M |
| 2025-04-30 | $890.68M |
| 2025-01-31 | $1.02B |
| 2024-10-31 | $924.25M |
| 2024-07-31 | $809.15M |
| 2024-04-30 | $762.23M |
| 2024-01-31 | $698.29M |
| 2023-10-31 | $554.31M |
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.