FQAL: Fidelity Quality Factor ETF
About
FQAL was created on 2016-09-12 by Fidelity. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 1069.47m in AUM and 130 holdings. FQAL tracks an index of fundamentally- selected large and mid- cap US companies that are weighted according to a tiered scheme.
Key Details
Assets Under Management
$1.10B
Div Yield %
1.07%
P/E Ratio
25.26
Net Asset Value
$66.92
Expense Ratio
0.15%
1Y ETF Return
0.30%
Strategies that include FQAL
Stock's related to FQAL
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| IT | 65.67% | $40.05B | +21.22% | 0.00% |
| SWKS | 60.78% | $13.58B | -9.78% | 2.42% |
| ROP | 60.55% | $59.43B | +4.88% | 0.54% |
| GEV | 56.28% | $93.68B | +158.93% | 0.00% |
| IESC | 56.19% | $5.40B | +280.94% | 0.00% |
| GIB.A | 56.04% | $25.24B | +10.40% | 0.10% |
| BSY | 55.74% | $14.44B | -8.26% | 0.48% |
| CPRT | 54.94% | $54.82B | +11.81% | 0.00% |
| AAPL | 53.22% | $3.45T | +19.45% | 0.43% |
| COST | 53.00% | $423.42B | +65.92% | 0.47% |
| STX | 52.73% | $21.14B | +30.53% | 2.79% |
| CTAS | 51.99% | $89.33B | +59.68% | 2.09% |
| MA | 50.83% | $472.78B | +25.53% | 0.51% |
| PLTR | 49.94% | $139.78B | +211.63% | 0.00% |
| RELX | 49.72% | $84.99B | +20.93% | 1.66% |
| FICO | 49.64% | $56.92B | +119.48% | 0.00% |
| MSI | 48.87% | $82.70B | +54.87% | 0.79% |
| GDDY | 48.44% | $27.10B | +102.87% | 0.00% |
| V | 48.39% | $591.57B | +22.14% | 0.70% |
| NTAP | 48.18% | $25.94B | +62.43% | 1.59% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TCTM | 0.03% | $7.57M | -41.30% | 0.00% |
| ZCMD | -0.15% | $2.67M | -88.95% | 0.00% |
| BCAN | 0.15% | $72.74M | -99.75% | 0.00% |
| CYD | 0.23% | $384.48M | -0.79% | 4.00% |
| PGR | 0.24% | $154.33B | +62.01% | 0.44% |
| T | 0.44% | $164.89B | +42.12% | 4.83% |
| ASPS | 0.55% | $20.33M | -82.43% | 0.00% |
| DOGZ | -0.56% | $567.92M | +1,322.65% | 0.00% |
| CYCN | 0.95% | $3.85M | -33.95% | 0.00% |
| BACK | 0.99% | $1.93M | -32.12% | 0.00% |
| COR | 1.04% | $48.41B | +23.04% | 0.84% |
| UUU | -1.24% | $4.98M | -18.37% | 0.00% |
| NEUE | -1.37% | $41.96M | -33.09% | 0.00% |
| VSTA | 1.43% | $203.32M | -37.79% | 0.00% |
| IMNN | -1.45% | $10.05M | -22.14% | 0.00% |
| FATBB | -1.46% | $75.27M | -12.35% | 12.73% |
| NOC | 1.58% | $72.32B | +5.29% | 1.58% |
| NHTC | 1.59% | $64.47M | +3.99% | 13.82% |
| CHD | -1.64% | $27.50B | +19.29% | 1.01% |
| HUM | 1.98% | $35.61B | -42.65% | 1.19% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HUSA | -18.60% | $18.58M | -19.77% | 0.00% |
| CBOE | -16.46% | $22.09B | +17.17% | 1.08% |
| K | -9.66% | $27.93B | +52.93% | 2.77% |
| CPB | -9.29% | $13.23B | +8.54% | 3.29% |
| PRPO | -9.28% | $8.89M | -14.59% | 0.00% |
| GIS | -9.01% | $35.60B | -1.16% | 3.70% |
| QTTB | -8.21% | $329.37M | +172.64% | 0.00% |
| MNR | -7.51% | $1.70B | -6.89% | 15.55% |
| MCK | -6.83% | $79.75B | +37.34% | 0.41% |
| HE | -3.56% | $1.81B | -17.32% | 0.00% |
| LTM | -3.49% | $8.37B | -100.00% | <0.01% |
| STG | -2.42% | $35.47M | +5.43% | 0.00% |
| LMT | -2.38% | $128.48B | +20.34% | 2.32% |
| BNED | -2.37% | $270.40M | -91.94% | 0.00% |
| QXO | -2.18% | $6.81B | -33.42% | 0.00% |
| CHD | -1.64% | $27.50B | +19.29% | 1.01% |
| FATBB | -1.46% | $75.27M | -12.35% | 12.73% |
| IMNN | -1.45% | $10.05M | -22.14% | 0.00% |
| NEUE | -1.37% | $41.96M | -33.09% | 0.00% |
| UUU | -1.24% | $4.98M | -18.37% | 0.00% |
ETF's related to FQAL
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| PBUS | 97.56% | $5.92B | 0.04% |
| GSLC | 97.52% | $13.42B | 0.09% |
| ILCB | 97.49% | $1.19B | 0.03% |
| LRGF | 97.46% | $2.29B | 0.08% |
| SPTM | 97.45% | $9.56B | 0.03% |
| IVV | 97.39% | $558.99B | 0.03% |
| VOO | 97.39% | $573.83B | 0.03% |
| SPY | 97.38% | $621.43B | 0.0945% |
| SPLG | 97.36% | $51.94B | 0.02% |
| IWB | 97.34% | $38.65B | 0.15% |
| IYY | 97.34% | $2.30B | 0.2% |
| SCHK | 97.33% | $3.98B | 0.05% |
| SCHX | 97.25% | $51.77B | 0.03% |
| BBUS | 97.24% | $4.21B | 0.02% |
| GSUS | 97.23% | $2.59B | 0.07% |
| ITOT | 97.23% | $64.33B | 0.03% |
| ESGU | 97.22% | $13.96B | 0.15% |
| LCTU | 97.20% | $1.27B | 0.14% |
| PTLC | 97.17% | $3.31B | 0.6% |
| ESGV | 97.15% | $9.99B | 0.09% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| EQLS | -0.07% | $8.88M | 1% |
| XBIL | 0.46% | $637.84M | 0.15% |
| BILZ | -0.96% | $553.02M | 0.14% |
| XHLF | -1.17% | $883.02M | 0.03% |
| IBTE | -1.81% | $1.67B | 0.07% |
| IVOL | 1.97% | $549.88M | 1.02% |
| KCCA | 2.70% | $219.64M | 0.87% |
| SOYB | 2.87% | $27.32M | 0.22% |
| XONE | 3.07% | $550.61M | 0.03% |
| KMLM | -3.08% | $348.59M | 0.9% |
| WEAT | -3.29% | $123.26M | 0.28% |
| UNG | 3.30% | $928.64M | 1.06% |
| SHYD | 3.31% | $311.61M | 0.35% |
| TBIL | 3.58% | $4.39B | 0.15% |
| BOXX | 3.87% | $4.43B | 0.1949% |
| CCOR | -4.28% | $108.59M | 1.18% |
| CLOI | -4.28% | $720.91M | 0.4% |
| TPMN | 4.44% | $40.73M | 0.65% |
| TBLL | 4.59% | $1.92B | 0.08% |
| CORN | -4.86% | $61.32M | 0.2% |
News
SeekingAlpha
For the quarter, the fund's Retail Class shares gained 5.00%, lagging the 6.15% advance of the benchmark, the J.P. Morgan Emerging Markets Bond Index Global Diversified Index.
SeekingAlpha
For the quarter, the fund gained 3.63%, lagging the 5.28% advance of the benchmark, the ICE BofA US High Yield Constrained Index. Importantly, long-term performance remains quite favorable.
SeekingAlpha
Fidelity Tax-Free Bond Fund is a diversified national municipal bond strategy investing in general obligation and revenue-backed municipal securities across the yield curve.
SeekingAlpha
U.S. investment-grade tax-exempt municipal securities posted a solid gain in the third quarter of 2024. Click to read.
SeekingAlpha
The fund and its benchmark employ somewhat different methodologies in estimating the prices of municipal securities, most of which trade infrequently.
SeekingAlpha
At quarter end, the global business cycle remained in expansion, with a broad shift toward monetary easing and a stable earnings outlook.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.