Fidelity Value Factor ETF (FVAL)
Fidelity Value Factor ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $82.49, down 0.22% on the session, giving a market capitalisation of $1.29B. Its beta of 0.94 implies it has historically moved less than the broad market.
The Fidelity Value Factor ETF strategically invests in companies whose shares are trading at attractive valuations, meaning their market prices are low when compared to their underlying financial strength and fundamentals. This investment approach has a documented history of generating superior returns compared to the broader market over extended periods.
Fidelity Value Factor ETF is most often compared with the following Financial Services names: