FIVA

Fidelity International Value Factor ETF

$32.38

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Fidelity International Value Factor ETF (FIVA) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity International Value Factor Index.

Overview

ETF tracking Fidelity International Value Factor ETF

Category International

Issuer Other

Inception Date 2018-01-18

Market Cap $278.5M

Average Volume N/A

Dividend Yield 2.73%

52-Week Range $23.66 - $32.71

VWAP $32.34

Performance

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Investment Summary

📎 Investment Objective

The Fidelity International Value Factor ETF (FIVA) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity International Value Factor Index.

🎯 Investment Strategy

The ETF invests in a portfolio of international stocks that are selected based on their exposure to the value factor. The value factor targets companies that are undervalued relative to their fundamental financial metrics. The fund's holdings are weighted to enhance the overall value exposure of the portfolio.

✨ Key Features

Focuses on international stocks with a value orientation
Seeks to track the performance of the Fidelity International Value Factor Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Exposure to international markets, which may be more volatile than domestic markets
Concentration in value-oriented stocks, which may underperform the broader market at times
Tracking error risk, as the fund may not perfectly replicate the performance of its underlying index
Limited performance history, making it difficult to evaluate long-term returns

👤 Best For

The Fidelity International Value Factor ETF may be suitable for investors seeking exposure to international stocks with a value tilt, as part of a diversified portfolio. Due to the fund's limited track record, it may be more appropriate for investors with a longer-term investment horizon who can tolerate the additional volatility that may come with a value-focused international equity strategy.