Fidelity Value Factor ETF

FVAL

Market cap $1.28B

Fidelity Value Factor ETF earns a 'buy' rating for its strong diversification and well-balanced fundamentals amid anticipated 2026 volatility. FVAL's sector-neutral, value-focused process delivers growth exposure through mega-cap tech leaders, resulting in a 14.48x forward P/E and 0.87x forward PEG ratio. FVAL outperformed IWB in 2025 and offers downside protection, with a 19.25% 3Y EPS CAGR and about 50% overlap with broad market indices.

Making its debut on 09/12/2016, smart beta exchange traded fund Fidelity Value Factor ETF (FVAL) provides investors broad exposure to the Style Box - Large Cap Value category of the market.

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Fidelity Value Factor ETF (FVAL) is a passively managed exchange traded fund launched on September 12, 2016.

I upgrade the Fidelity Value Factor ETF to a Buy, as I believe its tilt towards GARP style should secure its outperformance vs. IVV this year. The FVAL portfolio has a 0.93 weighted average PEG ratio vs. IVV's 1.22, thanks to its 4.8% earnings yield and a 22.2% forward EPS growth rate. Though FVAL has trailed IVV since September 2016, it has solidly outperformed such value ETFs as IVE, RPV, and IWD. Moreover, it beat IVV in 2025.

The Fidelity Value Factor ETF (FVAL) was launched on 09/12/2016, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.

Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the Fidelity Value Factor ETF (FVAL), a passively managed exchange traded fund launched on September 12, 2016.

Growth stocks that propelled the market in 2025 have raised questions as to whether their current valuations align with their fundamentals. This uncertainty is helping to bring value investing back into the forefront.

A year ago, the Fidelity Blue Chip Growth ETF (FBCG) was named ETF of the Week. It may be even more relevant today, given the questionable valuations in certain large-cap growth companies.

The Fidelity Value Factor ETF blends a multifactor value approach with neutral sector exposure, closely mirroring broader equity indexes rather than classic value peers. FVAL trades at a 23% P/E discount to the Russell 1000, with a strong technology overweight and diversified large-cap holdings. The ETF has delivered competitive risk-adjusted returns, outperforming peers over five years, though it is more vulnerable in risk-off environments due to its tech tilt.

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Fidelity Value Factor ETF (FVAL), a passively managed exchange traded fund launched on September 12, 2016.