Key stats
About Fidelity International Value Factor ETF
Expense ratio
0.18%
Home page
Inception date
Jan 16, 2018
FIVA complements its US-focused sibling, FVAL. Both funds select value stocks using a size-adjusted composite score based on four equally-weighted measures: free cash flow yield, EBITDA to enterprise value, tangible book value to price, and price to forward earnings. Banking stocks are scored on the last two measures only. FIVA targets 100 high-scoring stocks from a selection universe of the 1000 largest firms. Holdings are selected such that country and sector representation is roughly market-like, and weighted by market-cap within each country/sector group. The index is rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.22%
Finance24.08%
Health Technology8.54%
Electronic Technology7.86%
Consumer Durables6.58%
Energy Minerals6.04%
Consumer Non-Durables6.01%
Distribution Services5.96%
Producer Manufacturing5.39%
Process Industries5.04%
Technology Services3.83%
Transportation3.49%
Non-Energy Minerals3.21%
Utilities3.07%
Communications2.56%
Consumer Services2.32%
Commercial Services2.18%
Retail Trade1.98%
Health Services1.09%
Bonds, Cash & Other0.78%
Mutual fund0.69%
Cash0.10%
Futures−0.01%
Stock breakdown by region
Europe57.81%
Asia27.35%
North America9.97%
Oceania4.87%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history