Symbols

FIVA

Fidelity International Value Factor ETF·ARCA

--(--)

Key Stats

Assets Under Management

512.85MUSD

Fund Flow (1Y)

226.06MUSD

Dividend Yield

2.73%

Discount / Premium to NAV

-0.02%

Shares Outstanding

14.50M

Expense Ratio

0.18%

About Fidelity International Value Factor ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/app/funds-and-products/etf/snapshot/FIIS_ETF_FIVA/fidelity-international-value-factor-etf.html

Inception Date

Jan 16, 2018

Structure

Open-Ended Fund

Index Tracked

Fidelity International Value Factor Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Fidelity Management & Research Co. LLC

Distributor

Fidelity Distributors Co. LLC

FIVA complements its US-focused sibling, FVAL. Both funds select value stocks using a size-adjusted composite score based on four equally-weighted measures: free cash flow yield, EBITDA to enterprise value, tangible book value to price, and price to forward earnings. Banking stocks are scored on the last two measures only. FIVA targets 100 high-scoring stocks from a selection universe of the 1000 largest firms. Holdings are selected such that country and sector representation is roughly market-like, and weighted by market-cap within each country/sector group. The index is rebalanced on a quarterly basis.