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FVALvsFDLOETF Comparison

ETF 1

FVAL

Fidelity Value Factor ETF

This fund is part of

US Large Cap Value

-0.09%

Full FVAL fund page

VS

ETF 2

FDLO

Fidelity Low Volatility Factor ETF

This fund is part of

US Low Volatility

-0.43%

Full FDLO fund page

Fidelity Value Factor ETF (FVAL) belongs to the US Large Cap Value segment. Fidelity Low Volatility Factor ETF (FDLO) is part of the US Low Volatility segment. FVAL's top 3 sector exposures are Information Technology, Financials and Consumer Discretionary. In contrast, FDLO's top sector exposures are Information Technology, Financials and Communication Services. Both FVAL and FDLO have the same Total Expense Ratio (TER) of 0.15%. FVAL is up 4.66% year-to-date (YTD) with +$45M in YTD flows. FDLO performs worse with 2.14% YTD performance, and -$109M in YTD flows. Run a side-by-side ETF comparison of FVAL and FDLO 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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FVAL vs FDLO performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FVAL FDLO	+11.48%+7.04%	+2.49%-0.00%	+4.66%+2.14%	+32.08%+17.01%	+71.82%+46.36%	+74.74%+58.19%
Flows	FVAL FDLO	+$25M-$40M	+$41M-$79M	+$45M-$109M	+$48M+$51M	+$341M+$539M	+$444M+$567M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FVAL FDLO	+14.11%+10.61%	+12.16%+9.30%	+14.27%+11.23%	+16.43%+13.40%
Max drawdown	FVAL FDLO	-8.88%-7.10%	-8.88%-7.10%	-18.14%-13.57%	-23.38%-19.20%
Max drawdown duration	FVAL FDLO	72d73d	72d73d	131d131d	702d688d

Trading data

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	FVAL	FDLO
Last sale 4/27/2026 at 1:30 PM	$75.29	$67.90
Previous close 04/27/2026	$75.13	$68.22
Consolidated volume 04/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	FVAL	FDLO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	FVAL	FDLO
Last price	$75.29	$67.90
1D performance	+0.22%	-0.47%
AuM	$1.20 B	$1.39 B
E/R	0.15%	0.15%

Characteristics

	FVAL	FDLO
Management strategy	Passive	Passive
Provider	Fidelity	Fidelity
Benchmark	Fidelity U.S. Value Factor Index	Fidelity U.S. Low Volatility Factor Index
N° of holdings	120	122
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 12, 2016	September 12, 2016
ESG	No	No

More FVAL data on Trackinsight

More FDLO data on Trackinsight

Exposure

Countries

FVAL

USA

96.61%

Other

3.39%

FDLO

USA

95.82%

Other

4.18%

Sectors

FVAL

Information Techn.

33.87%

Financials

10.51%

Consumer Discreti.

10.1%

Health Care

10.04%

Communication Ser.

9.31%

Industrials

9.2%

Other

16.97%

FDLO

Information Techn.

33.82%

Financials

10.72%

Communication Ser.

10.02%

Consumer Discreti.

9.77%

Health Care

9.6%

Industrials

9.46%

Other

16.6%

Diversification

FVAL

Total weight of top 15 holdings out of 15

45.43%

FDLO

Total weight of top 15 holdings out of 15

40.68%

Top 15 holdings

Data as of March 31, 2026

FVAL

NVIDIA

7.56%

APPLE

6.86%

ALPHABET INC-CL

5.06%

MICROSOFT-T

5.05%

AMAZON.COM INC

3.81%

BROADCOM LIMITED

3.13%

META PLATFORMS

2.20%

BERKSHIRE HATHWAY

2.05%

LILLY

1.59%

JOHNSON&JOHNSON

1.53%

EXXON

1.46%

VISA INCORPORATION

1.38%

MICRON TECHNOLOGY

1.37%

WALMART INC

1.23%

ABBVIE

1.15%

FDLO

APPLE

7.26%

MICROSOFT-T

5.49%

ALPHABET INC-CL

5.39%

AMAZON.COM INC

3.72%

BROADCOM LIMITED

3.55%

BERKSHIRE HATHWAY

1.88%

CISCO-T

1.71%

JPMORGAN CHASE

1.70%

LILLY

1.55%

JOHNSON&JOHNSON

1.47%

EXXON

1.40%

ANALOG DEVICES

1.40%

MOTOROLA SOLUTIONS

1.40%

AMPHENOL

1.40%

INTL BUSINESS MACHINES CORP

1.35%

Frequently asked questions about FVAL and FDLO

How have the FVAL and FDLO ETFs performed in 2026?

As of April 27, 2026, FVAL is up 4.66% year-to-date (YTD), while FDLO has returned 2.14%. That puts FVAL better performer ahead so far this year.

Which ETF is attracting more investor money: FVAL or FDLO?

Year-to-date, the FVAL ETF saw +$45M in flows, compared to -$109M for FDLO.

Which ETF is more volatile: FVAL or FDLO?

Over the past year, FVAL had a volatility of 12.16%, while FDLO experienced 9.3%.

Which ETF is bigger: FVAL or FDLO?

As of April 27, 2026, FVAL holds $1.20 B in assets under management (AUM), while FDLO manages $1.39 B.

What sectors do the FVAL and FDLO ETFs invest in?

FVAL leans toward sectors like Information Technology, Financials and Consumer Discretionary. Meanwhile, FDLO focuses on Information Technology, Financials and Communication Services.

FVALvsFDLOETF Comparison

Fidelity Value Factor ETF

Fidelity Low Volatility Factor ETF

FVAL vs FDLO performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FVAL and FDLO ETFs performed in 2026?

As of April 27, 2026, FVAL is up 4.66% year-to-date (YTD), while FDLO has returned 2.14%. That puts FVAL better performer ahead so far this year.

Which ETF is attracting more investor money: FVAL or FDLO?

Year-to-date, the FVAL ETF saw +$45M in flows, compared to -$109M for FDLO.

Which ETF is more volatile: FVAL or FDLO?

Over the past year, FVAL had a volatility of 12.16%, while FDLO experienced 9.3%.

Which ETF is bigger: FVAL or FDLO?

As of April 27, 2026, FVAL holds $1.20 B in assets under management (AUM), while FDLO manages $1.39 B.

What sectors do the FVAL and FDLO ETFs invest in?

FVAL leans toward sectors like Information Technology, Financials and Consumer Discretionary. Meanwhile, FDLO focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the FVAL ETF and FDLO ETF?

FVAL top holdings include NVIDIA, APPLE and ALPHABET INC-CL. FDLO holds in its top three: APPLE, MICROSOFT-T and ALPHABET INC-CL.

Which ETF is more diversified: FVAL or FDLO?

FVAL holds 123 securities with 45.43% of its assets in the top 15. FDLO has 123 securities and a top 15 weight of 40.68%.

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