Fidelity Quality Factor Etf Profile
| FQAL Etf | USD 67.93 0.34 0.50% |
Performance16 of 100
| Odds Of DistressLess than 9
|
Fidelity Quality is selling for 67.93 as of the 30th of November 2024. This is a 0.50 percent increase since the beginning of the trading day. The etf's lowest day price was 67.8. Fidelity Quality has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on August 20, 2024, Representative C Scott Franklin of US Congress acquired $15k to $50k worth of Fidelity Quality Factor's common stock.
The fund normally invests at least 80 percent of assets in securities included in the Fidelity U.S. Fidelity Quality is traded on NYSEARCA Exchange in the United States. More on Fidelity Quality Factor
Moving together with Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2016-09-15 |
| Benchmark | Fidelity U.S. Quality Factor Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.12 Billion |
| Average Trading Valume | 33,109.7 |
| 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 | Jane Street |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 26.12 |
| Name | Fidelity Quality Factor ETF |
| Currency Code | USD |
| Open Figi | BBG00DRGLM68 |
| In Threey Volatility | 16.99 |
| 1y Volatility | 11.39 |
| 200 Day M A | 61.3059 |
| 50 Day M A | 65.7686 |
| Code | FQAL |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
Fidelity Quality Factor [FQAL] is traded in USA and was established 2016-09-12. The fund is listed under Large Blend category and is part of Fidelity Investments family. The entity is thematically classified as Size And Style ETFs. Fidelity Quality Factor currently have 227.79 M in assets under management (AUM). , while the total return for the last 3 years was 9.8%.
Check Fidelity Quality 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 Quality 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 Quality Factor Etf Constituents
| LLY | Eli Lilly and | Stock | Health Care | |
| BA | The Boeing | Stock | Industrials | |
| XOM | Exxon Mobil Corp | Stock | Energy | |
| AMGN | Amgen Inc | Stock | Health Care | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| WFC | Wells Fargo | Stock | Financials | |
| V | Visa Class A | Stock | Financials | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
Fidelity Quality Top Holders
| NFDIX | Newfound Risk Managed | Mutual Fund | Tactical Allocation |
Fidelity Quality Factor Risk Profiles
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 Quality. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1176 | |||
| Jensen Alpha | 0.002 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) |
Fidelity Quality Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Quality Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Fidelity Quality 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Quality'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 Quality's market value can be influenced by many factors that don't directly affect Fidelity Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Quality'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.