FDEVvsQLVDETF Comparison
VS
ETF 2
QLVD
Northern Trust Developed Markets ex-US Quality Low Volatility ETF
This fund is part of
DM Large & Mid Cap
+0.89%
Fidelity International Multifactor ETF (FDEV) and Northern Trust Developed Markets ex-US Quality Low Volatility ETF (QLVD) belong to the same industry segment: DM Large & Mid Cap. FDEV's top 3 sector exposures are Finance, Healthcare and Consumer Non-Cyclicals. In contrast, QLVD's top sector exposures are Finance, Consumer Non-Cyclicals and Industrials. FDEV is more expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.15% for QLVD. FDEV is up 11.06% year-to-date (YTD) with +$35M in YTD flows. QLVD performs worse with 9.23% YTD performance, and -$10M in YTD flows. Run a side-by-side ETF comparison of FDEV and QLVD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FDEV vs QLVD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/17/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDEV QLVD | -0.31%-1.05% | +4.96%+4.37% | +11.06%+9.23% | +16.93%+11.93% | +61.48%+47.74% | +47.00%+39.37% |
| Flows | FDEV QLVD | -$207K-$2M | +$10M-$2M | +$35M-$10M | +$62M-$13M | +$194M-$34M | +$210M-$40M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDEV QLVD | +8.05%+7.79% | +10.27%+9.12% | +11.20%+10.17% | +12.68%+11.11% |
| Max drawdown | FDEV QLVD | -2.26%-2.60% | -7.72%-7.96% | -9.93%-9.60% | -27.80%-23.64% |
| Max drawdown duration | FDEV QLVD | 14d23d | 150d150d | 29d157d | 861d843d |
Trading data
FDEV | QLVD | |
Last sale 9/18/2026 at 5:56 PM | $37.02 | $34.17 |
| Previous close 09/17/2026 | $37.75 | $33.87 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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FDEV | QLVD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/18/2026 at 5:56 PM
Live
Closed
FDEV | QLVD | |
|---|---|---|
| Last price | $37.02 | $34.17 |
| 1D performance | -1.94% | +0.88% |
| AuM | $287.07 M | $52.99 M |
| E/R | 0.18% | 0.15% |
Characteristics
FDEV | QLVD | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | Northern Trust |
| Benchmark | Fidelity International Multifactor Index | Northern Trust Developed Markets ex US Quality Low Volatility Index |
| N° of holdings | 199 | 172 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 26, 2020 | July 16, 2019 |
| ESG | No | No |
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Exposure
Countries
FDEV
Japan
20.49%
United Kingdom
16.77%
Canada
14.32%
France
8.31%
Other
40.11%
QLVD
Japan
20.3%
Canada
15.24%
Switzerland
10.55%
United Kingdom
8.65%
France
7.17%
Other
38.09%
Sectors
FDEV
Finance
25.16%
Healthcare
13.25%
Consumer Non-Cycl.
11.16%
Industrials
11.02%
Energy
8.94%
Utilities
7.65%
Other
22.83%
QLVD
Finance
28.69%
Consumer Non-Cycl.
12.46%
Industrials
11.26%
Healthcare
9.37%
Other
38.21%
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Diversification
FDEV
Total weight of top 15 holdings out of 15
19.27%
QLVD
Total weight of top 15 holdings out of 15
27.17%
Top 15 holdings
Data as of July 31, 2026
FDEV
Shell Plc
1.74%
Roche Holding AG
1.56%
Novartis AG
1.47%
Endesa SA
1.43%
AstraZeneca PLC
1.41%
ENGIE SA
1.27%
Canadian Natural Resources Ltd.
1.22%
Equinor ASA
1.22%
Suncor Energy, Inc.
1.22%
Royal Bank of Canada
1.17%
Canadian Utilities Ltd.
1.16%
Quebecor, Inc.
1.14%
Vodafone Group Plc
1.09%
KDDI Corp.
1.09%
Novo Nordisk A/S
1.08%
QLVD
Novartis AG
3.69%
Royal Bank of Canada
2.92%
Unilever Plc
2.22%
ASML Holding NV
2.21%
Canadian Imperial Bank of Commerce
1.74%
Air Liquide SA
1.65%
Nestlé SA
1.57%
Mitsubishi Corp.
1.55%
Iberdrola SA
1.53%
DBS Group Holdings Ltd.
1.53%
Sanofi
1.51%
Shell Plc
1.38%
Münchener Rückversicherungs-Gesellschaft AG
1.28%
Oversea-Chinese Banking Corp. Ltd.
1.22%
Deutsche Telekom AG
1.17%
Frequently asked questions about FDEV and QLVD
How have the FDEV and QLVD ETFs performed in 2026?
As of September 17, 2026, FDEV is up 11.06% year-to-date (YTD), while QLVD has returned 9.23%. That puts FDEV better performer ahead so far this year.
Which ETF is attracting more investor money: FDEV or QLVD?
Year-to-date, the FDEV ETF saw +$35M in flows, compared to -$10M for QLVD.
Which ETF is more volatile: FDEV or QLVD?
Over the past year, FDEV had a volatility of 10.27%, while QLVD experienced 9.12%.
Which ETF is bigger: FDEV or QLVD?
As of September 17, 2026, FDEV holds $287.07 M in assets under management (AUM), while QLVD manages $52.99 M.
What sectors do the FDEV and QLVD ETFs invest in?
FDEV leans toward sectors like Finance, Healthcare and Consumer Non-Cyclicals. Meanwhile, QLVD focuses on Finance, Consumer Non-Cyclicals and Industrials.
What are the top holdings of the FDEV ETF and QLVD ETF?
FDEV top holdings include Shell Plc, Roche Holding AG and Novartis AG. QLVD holds in its top three: Novartis AG, Royal Bank of Canada and Unilever Plc.
Which ETF is more diversified: FDEV or QLVD?
FDEV holds 199 securities with 19.27% of its assets in the top 15. QLVD has 173 securities and a top 15 weight of 27.17%.
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