6 New Factor-Based ETFs launched by Fidelity

Fidelity Investments, begun trading 6 new Factor-Based ETFs, the  Fidelity Core Dividend ETF (Nyse Arca: FDVV), the Fidelity Dividend ETF for Rising Rates (Nyse Arca: FDRR), the Fidelity Low Volatility Factor ETF (Nyse Arca: FDLO), the  Fidelity Momentum Factor ETF (Nyse Arca: FDMO), the Fidelity Quality Factor ETF (Nyse Arca: FQAL), and the  Fidelity Value Factor ETF (Nyse Arca: FVAL)  on Thursday, September 15, 2016.
Here is a synopsis of the new ETFs:

 

1.
FUND INFORMATION:

Symbol: FDVV Exchange: NYSE ARCA
Name: Fidelity Core Dividend ETF Net Expense Ratio: 0.29%

 

FUND OBJECTIVE:
The Fidelity Core Dividend ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Core Dividend Index.

 

REFERENCE INDEX:
The Fidelity Core Dividend Index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies (mainly from US) that are expected to continue to pay and grow their dividends.

 

Fund Top Holdings (09/19/16):

XOM EXXON MOBIL CORP 2.83%
T AT+T INC 2.82%
OKE ONEOK INC  2.78%
TRGP TARGA RESOURCES CORP  2.72%
VZ VERIZON COMMUNICATIONS INC 2.53%
WMB WILLIAMS COS INC  2.44%
AAPL APPLE INC  2.25%
CVX CHEVRON CORP  2.23%
JPM JPMORGAN CHASE + CO 2.16%
WFC WELLS FARGO + CO 1.84%

 

Fund Country Exposure (09/19/16):

North America 94.55%
Europe 4.27%
Asia 1.19%

 

Fund Sector Exposure (09/19/16):

Consumer Discretionary 17.97%
Energy 16.47%
Financials 15.92%
Information Technology 12.41%
Utilities 10.00%
Telecommunication Services 8.37%
Health Care 6.26%
Industrials 2.11%
Consumer Staples 1.73%

 

 

Useful Links:
FDVV Home Page

 

 

Category:

 

 

 

2.
FUND INFORMATION:

Symbol: FDRR Exchange: NYSE ARCA
Name: Fidelity Dividend ETF for Rising Rates Net Expense Ratio: 0.29%

 

 FUND OBJECTIVE:
The Fidelity Dividend ETF for Rising Rates seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates.

REFERENCE INDEX:
The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

 

Fund Top Holdings (09/16/16):

AAPL APPLE INC 3.83%
MSFT MICROSOFT CORP 2.91%
JNJ JOHNSON + JOHNSON 2.72%
PFE PFIZER INC  2.19%
MRK MERCK + CO. INC. 2.13%
XOM EXXON MOBIL CORP  2.00%
JPM JPMORGAN CHASE + CO  1.84%
AMGN AMGEN INC 1.83%
INTC INTEL CORP 1.77%
PG ROCTER + GAMBLE CO  1.76%

 

Fund Country Exposure (09/16/16):

North America 94.16%
Europe 4.59%
Asia 1.24%

 

Fund Sector Exposure (09/16/16):

Information Technology 20.97%
Health Care 14.25%
Consumer Discretionary 11.73%
Financials 11.73%
Industrials 9.86%
Consumer Staples 9.26%
Energy 7.03%
Utilities 3.52%
Materials 3.03%
Telecommunication Services 2.35%

 

 

 

Useful Links:
FDRR Home Page

 

 

Category:

 

 

3.
FUND INFORMATION:

Symbol: FDLO Exchange: NYSE ARCA
Name: Fidelity Low Volatility Factor ETF Net Expense Ratio: 0.29%

 

FUND OBJECTIVE:
The Fidelity Low Volatility Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index.

REFERENCE INDEX:
The Fidelity U.S. Low Volatility Factor Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

 

Fund Country Exposure (09/16/16):

GOOGL ALPHABET INC CL A 3.10%
MSFT MICROSOFT CORP 3.04%
JNJ JOHNSON + JOHNSON  2.33%
XOM EXXON MOBIL CORP 1.90%
BRK/B BERKSHIRE HATHAWAY INC CL B 1.88%
INTC INTEL CORP  1.81%
PFE PFIZER INC  1.77%
MRK MERCK + CO. INC. 1.69%
V VISA INC CLASS A SHARES  1.66%
PG PROCTER + GAMBLE  1.58%

 

Fund Country Exposure (09/16/16):

North America 97.30%
Europe 2.70%

 

Fund Sector Exposure (09/16/16):

Information Technology 21.08%
Health Care 14.48%
Consumer Discretionary 12.21%
Financials 10.96%
Industrials 9.97%
Consumer Staples 9.23%
Energy 6.60%
Utilities 3.48%
Materials 3.23%
Telecommunication Services 2.54%

 

 

Useful Links:
FDLO Home Page

 

 

Category:

 

 

4.
FUND INFORMATION:

Symbol: FDMO Exchange: NYSE ARCA
Name: Fidelity Momentum Factor ETF Net Expense Ratio: 0.29%

 

FUND OBJECTIVE:
The Fidelity Momentum Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index.

REFERENCE INDEX:
The Fidelity U.S. Momentum Factor Index  is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

 

Fund Top Holdings (09/16/16):

GOOGL ALPHABET INC CL A  3.05%
MSFT MICROSOFT CORP  2.98%
JNJ JOHNSON + JOHNSON 2.43%
FB FACEBOOK INC A 2.28%
AMZN AMAZON.COM INC 2.06%
BRK/B BERKSHIRE HATHAWAY INC CL B 1.97%
XOM EXXON MOBIL CORP 1.91%
PFE PFIZER INC 1.87%
GE GENERAL ELECTRIC CO 1.78%
INTC INTEL CORP  1.74%

 

Fund Country Exposure (09/16/16):

North America 96.83%
Europe 2.04%
Asia 1.13%

 

Fund Sector Exposure (09/16/16):

Information Technology      21.66%
Health Care  14.45%
Consumer Discretionary  11.74%
Industrials  9.96%
Consumer Staples  9.41%
Energy      6.54%
Financials  5.13%
Utilities  3.52%
Materials  3.17%
Telecommunication Services  2.55%

 

 

Useful Links:
FDMO Home Page

 

 

Category:

 

 

5.
FUND INFORMATION:

Symbol: FQAL Exchange: NYSE ARCA
Name: Fidelity Quality Factor ETF Net Expense Ratio: 0.29%

 

FUND OBJECTIVE:
The Fidelity Quality Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index.

 

REFERENCE INDEX:
The Fidelity U.S. Quality Factor Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

 

Fund Top Holdings (09/16/16):

AAPL APPLE INC  3.66%
GOOGL ALPHABET INC CL A  2.83%
MSFT MICROSOFT CORP 2.76%
JNJ JOHNSON + JOHNSON  2.30%
FB FACEBOOK INC A 2.07%
XOM EXXON MOBIL CORP 1.87%
PFE PFIZER INC 1.75%
MRK MERCK + CO. INC. 1.68%
PG PROCTER + GAMBLE  1.60%
AMGN AMGEN INC 1.42%

 

Fund Country Exposure (09/16/16):

North America 97.50%
Europe     1.19%
Middle East 0.68%
Asia 0.62%

 

Fund Sector Exposure (09/16/16):

Information Technology 21.06%
Health Care 14.54%
Consumer Discretionary 12.37%
Financials 10.16%
Industrials 9.93%
Consumer Staples 9.09%
Energy 6.43%
Utilities 3.49%
Materials 3.18%
Telecommunication Services 2.49%

 

 

Useful Links:
FQAL Home Page

 

Category:

 

 

6.
FUND INFORMATION:

Symbol: FVAL Exchange: NYSE ARCA
Name: Fidelity Value Factor ETF Net Expense Ratio: 0.29%

 

FUND OBJECTIVE:
The Fidelity Value Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index.

REFERENCE INDEX:
The Fidelity U.S. Value Factor Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

 

Fund Top Holdings (09/16/16):

AAPL APPLE INC 3.67%
GOOGL ALPHABET INC CL A  2.83%
MSFT MICROSOFT CORP  2.78%
JNJ JOHNSON + JOHNSON  2.36%
XOM EXXON MOBIL CORP   1.85%
PFE PFIZER INC  1.80%
BRK BERKSHIRE HATHAWAY INC CL B   1.78%
MRK MERCK + CO. INC.  1.74%
JPM JPMORGAN CHASE + CO  1.63%
INTC INTEL CORP  1.55%

 

 

Fund Country Exposure (09/16/16):

North America 97.89%
Europe 1.36%
Asia 0.74%

 

Fund Sector Exposure (09/16/16):

Information Technology 21.06%
Financials 15.66%
Health Care 14.48%
Consumer Discretionary 12.41%
Industrials 9.98%
Consumer Staples 9.12%
Energy 6.46%
Utilities 3.40%
Materials 3.13%
Telecommunication Services 2.47%

 

 

Useful Links:
FVAL Home Page

Category:

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