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QLVvsFVALETF Comparison
FlexShares US Quality Low Volatility Index Fund ETF
FlexShares US Quality Low Volatility Index Fund ETF (QLV) belongs to the US Multi-Factor segment. Fidelity Value Factor ETF (FVAL) is part of the US Large Cap Value segment. QLV's top 3 sector exposures are Information Technology, Health Care and Financials. In contrast, FVAL's top sector exposures are Information Technology, Financials and Consumer Discretionary. QLV is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.15% for FVAL. QLV is up 2.54% year-to-date (YTD) with +$2M in YTD flows. FVAL performs worse with -2% YTD performance, and +$19M in YTD flows. Run a side-by-side ETF comparison of QLV and FVAL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
QLV vs FVAL performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | QLV FVAL | -1.22%-3.09% | +2.24%-1.34% | +2.54%-2.00% | +14.89%+21.23% | +58.43%+71.32% | +72.20%+73.67% |
| Flows | QLV FVAL | +$2M+$8M | +$4M+$12M | +$2M+$19M | +$5M-$32M | -$90M+$304M | -$56M+$466M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | QLV FVAL | +6.41%+11.22% | +12.52%+17.71% | +10.58%+14.24% | +13.06%+16.34% |
| Max drawdown | QLV FVAL | -1.98%-4.81% | -9.90%-13.50% | -11.95%-18.14% | -18.21%-23.38% |
| Max drawdown duration | QLV FVAL | 9d38d | 48d45d | 186d131d | 712d702d |
QLV | FVAL | |
Last sale 3/12/2026 at 1:30 PM | $73.42 | $70.29 |
| Previous close 03/12/2026 | $73.82 | $70.88 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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QLV | FVAL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
QLV | FVAL | |
|---|---|---|
| Last price | $73.42 | $70.29 |
| 1D performance | -0.55% | -0.84% |
| AuM | $149.53 M | $1.11 B |
| E/R | 0.09% | 0.15% |
QLV | FVAL | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | FlexShares | Fidelity |
| Benchmark | Northern Trust Quality Low Volatility Index | Fidelity U.S. Value Factor Index |
| N° of holdings | 107 | 121 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 16, 2019 | September 12, 2016 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the QLV and FVAL ETFs performed in 2026?
As of March 11, 2026, QLV is up 2.54% year-to-date (YTD), while FVAL has lost -2%. That puts QLV better performer ahead so far this year.
Which ETF is attracting more investor money: QLV or FVAL?
Year-to-date, the QLV ETF saw +$2M in flows, compared to +$19M for FVAL.
Which ETF is more volatile: QLV or FVAL?
Over the past year, QLV had a volatility of 12.52%, while FVAL experienced 17.71%.
Which ETF is bigger: QLV or FVAL?
As of March 11, 2026, QLV holds $149.53 M in assets under management (AUM), while FVAL manages $1.11 B.
What sectors do the QLV and FVAL ETFs invest in?
QLV leans toward sectors like Information Technology, Health Care and Financials. Meanwhile, FVAL focuses on Information Technology, Financials and Consumer Discretionary.
What are the top holdings of the QLV ETF and FVAL ETF?
QLV top holdings include NVIDIA, MICROSOFT-T and APPLE. FVAL holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: QLV or FVAL?
QLV holds 108 securities with 42.1% of its assets in the top 15. FVAL has 125 securities and a top 15 weight of 46.71%.
Dan Philips on a Quality Low Volatility Approach
Michael Natale with FlexShares
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