Fidelity Quality Factor ETF (FQAL) Shows Mixed Performance

Fidelity Quality Factor ETF (FQAL) reveals both challenges and gains; it has lost -0.05% year-to-date while rising 22.70% over the last year, according to the latest report. Investors should consider both market performance and expense ratios before making decisions.

Date: 04-01-2025

AI Rating: 6

**Performance Overview**

The Fidelity Quality Factor ETF (FQAL) has shown a negative growth rate of -0.05% so far this year, which could signal potential concerns about its performance in the short term. However, its remarkable increase of approximately 22.70% over the past year is a positive indicator for long-term investors.

**Expense Ratios and Dividend Yield**

The ETF maintains a competitive operating expense ratio of 0.16%, which is beneficial for investors looking for low-cost options. Additionally, it has a 12-month trailing dividend yield of 1.20%, providing a steady income stream for investors.

**Portfolio Composition**

FQAL allocates approximately 30.40% of its portfolio to the Information Technology sector, with significant holdings in major companies like Nvidia Corp (NVDA), Apple Inc (AAPL), and Microsoft Corp (MSFT). This heavy allocation to tech stocks could make the ETF’s performance sensitive to fluctuations within the sector.

**Risk Metrics**

The ETF has a beta of 0.98, indicating it is slightly less volatile than the broader market, and boasts a standard deviation of 17.03% over the trailing three-year period. These metrics suggest that while the ETF is relatively stable, it still carries inherent market risks.

In summary, while the recent performance has been mixed, the competitive expense ratio and dividend yield may appeal to investors seeking a balanced, long-term investment in the large-cap blend segment of the market.

Stocks: FQAL NVDA AAPL MSFT IVV SPY