Fidelity Value Factor ETF

FVAL

Market cap $1.13B

Don't look now, but markets may be poised for a value rotation. Each year, market uncertainty sees headlines and narratives about a potential value rotation grow.

Fidelity Value Factor ETF (FVAL) is upgraded to buy, reflecting its defensive positioning amid macroeconomic uncertainty and slowing growth. FVAL's value strategy emphasizes FCF yield and EBITDA/EV, resulting in a tech-heavy portfolio with ~25% in NVDA, AAPL, MSFT, and GOOG. FVAL's performance closely tracks large-cap growth ETFs but with lower volatility, offering growth upside with value-style risk mitigation.

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.

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

A smart beta exchange traded fund, the Fidelity Value Factor ETF (FVAL) debuted on 09/12/2016, and offers 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.

FVAL is a misleading 'value' play. Despite its branding, it holds many of today's most expensive growth stocks, including Nvidia and Tesla. Valuations resemble the dot-com era. With the S&P 500 CAPE ratio above 38 and the fund's top holdings averaging a P/E of over 43, current valuations are historically extreme and risky. Nearly 40% of the Fidelity Value Factor ETF is tied up in just 10 stocks, many of which are priced for perfection and vulnerable to a sentiment shift.

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.

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 09/12/2016.

Bear markets are scary. Most portfolios take a beating when the economy contracts, and it gets really bad for growth investors.