Fidelity Value Factor Etf Profile
| FVAL Etf | USD 55.12 0.47 0.86% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Fidelity Value is selling for 55.12 as of the 23rd of April 2024. This is a 0.86% increase since the beginning of the trading day. The etf's lowest day price was 54.77. Fidelity Value has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Fidelity Value Factor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities included in the Fidelity U.S. Fidelity Value is traded on NYSEARCA Exchange in the United States. More on Fidelity Value Factor
Moving together with Fidelity Etf
| 0.96 | VTV | Vanguard Value Index | PairCorr |
| 0.96 | VYM | Vanguard High Dividend | PairCorr |
| 0.98 | IWD | iShares Russell 1000 | PairCorr |
| 0.98 | DGRO | iShares Core Dividend | PairCorr |
| 0.97 | IVE | iShares SP 500 | PairCorr |
| 0.91 | DVY | iShares Select Dividend | PairCorr |
| 0.97 | SPYV | SPDR Portfolio SP | PairCorr |
Moving against Fidelity Etf
| 0.77 | FNGD | MicroSectors FANG Index | PairCorr |
| 0.72 | HUM | Humana Inc Earnings Call Tomorrow | PairCorr |
Fidelity Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity Value's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Value or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Large Value, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2016-09-15 |
| Benchmark | Fidelity U.S. Value Factor Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 64,136.2 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | FMR Co., Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Deane Gyllenhaal, Patrick Waddell, Louis Bottari, Peter Matthew, Robert Regan, Thomas Brussard Jr |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 131 |
| Market Maker | Susquehanna |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 3.58 |
| Name | Fidelity Value Factor ETF |
| Currency Code | USD |
| Open Figi | BBG00DRGLK44 |
| In Threey Volatility | 17.31 |
| 1y Volatility | 13.46 |
| 200 Day M A | 51.4927 |
| 50 Day M A | 55.4346 |
| Code | FVAL |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.49 |
Fidelity Value Factor [FVAL] is traded in USA and was established 2016-09-12. The fund is listed under Large Value category and is part of Fidelity Investments family. The entity is thematically classified as Large Cap ETFs. Fidelity Value Factor currently have 409.8 M in assets under management (AUM). , while the total return for the last 3 years was 7.1%.
Check Fidelity Value Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Value Factor Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Value Factor Etf Constituents
| BA | The Boeing | Stock | Industrials |
| CMCSA | Comcast Corp | Stock | Communication Services |
| MCD | McDonalds | Stock | Consumer Discretionary |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
| WFC | Wells Fargo | Stock | Financials |
| V | Visa Class A | Stock | Financials |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
Fidelity Value Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Fidelity Value jumping above the current price in 90 days from now is about 40.85%. The Fidelity Value Factor probability density function shows the probability of Fidelity Value etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Fidelity Value has a beta of 0.9982. This usually indicates Fidelity Value Factor market returns are very sensitive to returns on the market. As the market goes up or down, Fidelity Value is expected to follow. Additionally, fidelity Value Factor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Fidelity Value to move above the current price in 90 days from now is about 40.85 (This Fidelity Value Factor probability density function shows the probability of Fidelity Etf to fall within a particular range of prices over 90 days) .
Fidelity Value Factor Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Value market risk premium is the additional return an investor will receive from holding Fidelity Value long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Value. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Value's alpha and beta are two of the key measurements used to evaluate Fidelity Value's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0781 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) |
Fidelity Value Against Markets
Picking the right benchmark for Fidelity Value etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity Value etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity Value is critical whether you are bullish or bearish towards Fidelity Value Factor at a given time. Please also check how Fidelity Value's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fidelity Value without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
How to buy Fidelity Etf?
Before investing in Fidelity Value, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity Value. To buy Fidelity Value etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Value. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity Value etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity Value Factor etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fidelity Value Factor etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Fidelity Value Factor, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fidelity Etf please use our How to Invest in Fidelity Value guide.
Already Invested in Fidelity Value Factor?
The danger of trading Fidelity Value Factor is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity Value is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity Value. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Value Factor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fidelity Value Factor is a strong investment it is important to analyze Fidelity Value's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity Value's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Value Factor. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Fidelity Value Factor information on this page should be used as a complementary analysis to other Fidelity Value's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Fidelity Value Factor is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Value's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Value's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Value's market value can be influenced by many factors that don't directly affect Fidelity Value's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Value's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.