Fidelity Quality Factor ETF (FQAL) Holdings
FQAL holdings summary
as of Oct 23, 2026- Holdings
- 132 positions listed
- Top 10 weight
- 38.1% of net assets
- Effective holdings
- 39 equal-weight equivalent
- Largest holding
- AAPL 7.66% Apple Inc.
- Annual turnover
- 42.9% of the portfolio traded
Top 1038.1%
Top 2553.3%
Top 5069.9%
Top 10091.2%
All FQAL holdings
132 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc. | Technology | 7.66% | $112.1M | $5.01T | 39.4 |
| 2 | NVDA | NVIDIA Corporation | Technology | 7.62% | $111.4M | $5.17T | 27.1 |
| 3 | MSFT | Microsoft Corporation | Technology | 6.20% | $90.6M | $3.93T | 29.5 |
| 4 | GOOGL | Alphabet Inc. | Communication Services | 4.72% | $69.0M | $4.17T | 17.1 |
| 5 | AVGO | Broadcom Inc. | Technology | 2.70% | $39.5M | $1.57T | 43.3 |
| 6 | META | Meta Platforms, Inc. | Communication Services | 2.29% | $33.6M | $1.81T | 26.7 |
| 7 | MU | Micron Technology, Inc. | Technology | 1.96% | $28.7M | $994.34B | 11.8 |
| 8 | JPM | JPMorgan Chase & Co. | Financial Services | 1.72% | $25.2M | $902.16B | 14.2 |
| 9 | LLY | Eli Lilly and Company | Healthcare | 1.71% | $25.0M | $1.12T | 42.2 |
| 10 | V | Visa Inc. | Financial Services | 1.55% | $22.7M | $755.84B | 34.3 |
| 11 | PLTR | Palantir Technologies Inc. | Technology | 1.43% | $20.9M | $447.04B | 160.4 |
| 12 | MA | Mastercard Incorporated | Financial Services | 1.31% | $19.1M | $540.87B | 34.0 |
| 13 | XOM | Exxon Mobil Corporation | Energy | 1.17% | $17.1M | $735.95B | 23.0 |
| 14 | JNJ | Johnson & Johnson | Healthcare | 1.15% | $16.8M | $615.87B | 38.8 |
| 15 | CSCO | Cisco Systems, Inc. | Technology | 1.13% | $16.6M | $423.39B | 32.2 |
| 16 | ABBV | AbbVie Inc. | Healthcare | 1.08% | $15.8M | $504.37B | 80.6 |
| 17 | QCOM | QUALCOMM Incorporated | Technology | 1.01% | $14.7M | $183.79B | 19.9 |
| 18 | LRCX | Lam Research Corporation | Technology | 0.98% | $14.3M | $330.30B | 45.8 |
| 19 | AMAT | Applied Materials, Inc. | Technology | 0.94% | $13.7M | $324.81B | 35.3 |
| 20 | MRK | Merck & Co., Inc. | Healthcare | 0.88% | $12.9M | $360.08B | 115.8 |
| 21 | FTNT | Fortinet, Inc. | Technology | 0.87% | $12.7M | $124.09B | 59.8 |
| 22 | UNH | UnitedHealth Group Incorporated | Healthcare | 0.86% | $12.6M | $360.32B | 25.8 |
| 23 | ADBE | Adobe Inc. | Technology | 0.81% | $11.9M | $95.43B | 13.7 |
| 24 | CME | CME Group Inc. | Financial Services | 0.80% | $11.6M | $105.67B | 24.9 |
| 25 | PG | The Procter & Gamble Company | Consumer Defensive | 0.78% | $11.5M | $370.12B | 24.1 |
| 26 | KO | The Coca-Cola Company | Consumer Defensive | 0.77% | $11.2M | $404.01B | 28.2 |
| 27 | VRSN | VeriSign, Inc. | Technology | 0.77% | $11.2M | $27.33B | 32.7 |
| 28 | CVX | Chevron Corporation | Energy | 0.76% | $11.2M | $441.34B | 21.2 |
| 29 | CAT | Caterpillar Inc. | Industrials | 0.74% | $10.8M | $335.91B | 31.5 |
| 30 | STX | Seagate Technology Holdings plc | Technology | 0.74% | $10.8M | $145.31B | 46.0 |
| 31 | HD | The Home Depot, Inc. | Consumer Cyclical | 0.73% | $10.7M | $308.91B | 21.5 |
| 32 | PGR | The Progressive Corporation | Financial Services | 0.73% | $10.7M | $126.81B | 11.0 |
| 33 | TMO | Thermo Fisher Scientific Inc. | Healthcare | 0.73% | $10.7M | $255.13B | 37.1 |
| 34 | PM | Philip Morris International Inc. | Consumer Defensive | 0.72% | $10.5M | $319.83B | 29.5 |
| 35 | GILD | Gilead Sciences, Inc. | Healthcare | 0.70% | $10.2M | $193.67B | — |
| 36 | MCO | Moody's Corporation | Financial Services | 0.70% | $10.2M | $84.00B | 30.8 |
| 37 | AMGN | Amgen Inc. | Healthcare | 0.70% | $10.2M | $233.82B | 26.9 |
| 38 | GCP | General Electric Company | Other | 0.69% | $10.1M | — | — |
| 39 | TRV | The Travelers Companies, Inc. | Financial Services | 0.68% | $9.9M | $81.25B | 10.5 |
| 40 | MSCI | MSCI Inc. | Financial Services | 0.66% | $9.7M | $41.37B | 31.1 |
| 41 | GEV | GE Vernova Inc. | Industrials | 0.64% | $9.3M | $245.35B | 26.4 |
| 42 | EWBC | East West Bancorp, Inc. | Financial Services | 0.60% | $8.8M | $17.38B | 12.2 |
| 43 | KNSL | Kinsale Capital Group, Inc. | Financial Services | 0.59% | $8.6M | $8.32B | 14.8 |
| 44 | MCK | McKesson Corporation | Healthcare | 0.57% | $8.4M | $117.15B | 26.9 |
| 45 | BPOP | Popular, Inc. | Financial Services | 0.56% | $8.3M | $10.13B | 10.7 |
| 46 | FICO | Fair Isaac Corporation | Technology | 0.56% | $8.2M | $16.66B | 22.3 |
| 47 | MCD | McDonald's Corporation | Consumer Cyclical | 0.56% | $8.2M | $171.94B | 19.7 |
| 48 | ABNB | Airbnb, Inc. | Consumer Cyclical | 0.55% | $8.1M | $104.01B | 39.6 |
| 49 | TJX | The TJX Companies, Inc. | Consumer Cyclical | 0.55% | $8.1M | $162.06B | 27.3 |
| 50 | MAR | Marriott International, Inc. | Consumer Cyclical | 0.55% | $8.0M | $101.19B | 40.1 |
| 51 | UNP | Union Pacific Corporation | Industrials | 0.54% | $8.0M | $171.71B | 23.4 |
| 52 | AMP | Ameriprise Financial, Inc. | Financial Services | 0.54% | $8.0M | $44.24B | 12.1 |
| 53 | CFR | Cullen/Frost Bankers, Inc. | Financial Services | 0.53% | $7.8M | $9.64B | 14.7 |
| 54 | NFLX | Netflix, Inc. | Communication Services | 0.53% | $7.8M | $293.68B | 22.2 |
| 55 | ADP | Automatic Data Processing, Inc. | Technology | 0.52% | $7.7M | $114.48B | 26.4 |
| 56 | ZION | Zions Bancorporation, NA | Financial Services | 0.52% | $7.6M | $9.25B | 8.1 |
| 57 | HLT | Hilton Worldwide Holdings Inc. | Consumer Cyclical | 0.51% | $7.5M | $77.67B | 50.6 |
| 58 | AX | Axos Financial, Inc. | Financial Services | 0.50% | $7.3M | $5.01B | 10.4 |
| 59 | BMY | Bristol-Myers Squibb Company | Healthcare | 0.50% | $7.3M | $122.05B | 13.2 |
| 60 | CTAS | Cintas Corporation | Industrials | 0.49% | $7.2M | $84.85B | 42.1 |
| 61 | MO | Altria Group, Inc. | Consumer Defensive | 0.47% | $6.9M | $125.41B | 15.8 |
| 62 | PH | Parker-Hannifin Corporation | Industrials | 0.47% | $6.9M | $121.49B | 33.8 |
| 63 | ORLY | O'Reilly Automotive, Inc. | Consumer Cyclical | 0.47% | $6.9M | $72.22B | 28.3 |
| 64 | LOW | Lowe's Companies, Inc. | Consumer Cyclical | 0.47% | $6.9M | $110.74B | 16.7 |
| 65 | BKNG | Booking Holdings Inc. | Consumer Cyclical | 0.47% | $6.8M | $122.81B | 18.1 |
| 66 | HAS | Hasbro, Inc. | Consumer Cyclical | 0.46% | $6.8M | $13.93B | 17.8 |
| 67 | COP | ConocoPhillips | Energy | 0.45% | $6.6M | $176.01B | 19.4 |
| 68 | YUM | Yum! Brands, Inc. | Consumer Cyclical | 0.45% | $6.6M | $41.07B | 19.0 |
| 69 | ROST | Ross Stores, Inc. | Consumer Cyclical | 0.45% | $6.5M | $75.68B | 28.6 |
| 70 | TT | Trane Technologies plc | Industrials | 0.45% | $6.5M | $100.97B | 34.2 |
| 71 | ITW | Illinois Tool Works Inc. | Industrials | 0.44% | $6.5M | $77.55B | 24.7 |
| 72 | GWW | W.W. Grainger, Inc. | Industrials | 0.44% | $6.5M | $62.68B | 33.9 |
| 73 | MTD | Mettler-Toledo International Inc. | Healthcare | 0.44% | $6.4M | $32.51B | 36.6 |
| 74 | AZO | AutoZone, Inc. | Consumer Cyclical | 0.44% | $6.4M | $50.47B | 20.5 |
| 75 | EXPD | Expeditors International of Washington, Inc. | Industrials | 0.43% | $6.3M | $25.47B | 28.5 |
| 76 | GRMN | Garmin Ltd. | Technology | 0.43% | $6.3M | $54.92B | 29.4 |
| 77 | FAST | Fastenal Company | Industrials | 0.43% | $6.3M | $58.55B | 41.5 |
| 78 | VLO | Valero Energy Corporation | Energy | 0.43% | $6.3M | $128.04B | 18.5 |
| 79 | CL | Colgate-Palmolive Company | Consumer Defensive | 0.43% | $6.3M | $75.02B | 37.1 |
| 80 | MMM | 3M Company | Industrials | 0.43% | $6.2M | $84.97B | 29.3 |
| 81 | PAYC | Paycom Software, Inc. | Technology | 0.42% | $6.2M | $11.34B | 26.6 |
| 82 | LIN | Linde plc | Basic Materials | 0.42% | $6.2M | $229.77B | 32.2 |
| 83 | IDXX | IDEXX Laboratories, Inc. | Healthcare | 0.41% | $6.0M | $44.20B | 39.8 |
| 84 | WSM | Williams-Sonoma, Inc. | Consumer Cyclical | 0.40% | $5.8M | $29.46B | 25.7 |
| 85 | MNST | Monster Beverage Corporation | Consumer Defensive | 0.39% | $5.7M | $89.59B | 42.3 |
| 86 | NEE | NextEra Energy, Inc. | Utilities | 0.36% | $5.3M | $166.46B | 17.9 |
| 87 | VRSK | Verisk Analytics, Inc. | Industrials | 0.36% | $5.3M | $24.85B | 29.3 |
| 88 | VZ | Verizon Communications Inc. | Communication Services | 0.36% | $5.3M | $186.09B | 11.7 |
| 89 | OTIS | Otis Worldwide Corporation | Industrials | 0.36% | $5.3M | $27.15B | 18.3 |
| 90 | CMG | Chipotle Mexican Grill, Inc. | Consumer Cyclical | 0.36% | $5.3M | $37.82B | 27.4 |
| 91 | DPZ | Domino's Pizza, Inc. | Consumer Cyclical | 0.36% | $5.2M | $10.15B | 17.0 |
| 92 | PAYX | Paychex, Inc. | Technology | 0.35% | $5.2M | $39.74B | 22.1 |
| 93 | T | AT&T Inc. | Communication Services | 0.35% | $5.1M | $160.62B | 7.7 |
| 94 | SO | The Southern Company | Utilities | 0.34% | $5.0M | $104.89B | 22.0 |
| 95 | COKE | Coca-Cola Consolidated, Inc. | Consumer Defensive | 0.34% | $4.9M | $14.00B | 27.9 |
| 96 | VRT | Vertiv Holdings Co | Industrials | 0.34% | $4.9M | $79.47B | 46.7 |
| 97 | FIX | Comfort Systems USA, Inc. | Industrials | 0.31% | $4.6M | $50.65B | 35.4 |
| 98 | TPR | Tapestry, Inc. | Consumer Cyclical | 0.31% | $4.6M | $23.85B | 16.5 |
| 99 | KMB | Kimberly-Clark Corporation | Consumer Defensive | 0.31% | $4.5M | $35.11B | 20.8 |
| 100 | EOG | EOG Resources, Inc. | Energy | 0.30% | $4.4M | $82.88B | 12.3 |
| 101 | WELL | Welltower Inc. | Real Estate | 0.30% | $4.3M | $169.23B | 105.3 |
| 102 | HSY | The Hershey Company | Consumer Defensive | 0.28% | $4.2M | $34.32B | 23.3 |
| 103 | NEM | Newmont Corporation | Basic Materials | 0.28% | $4.2M | $124.97B | 15.0 |
| 104 | CEG | Constellation Energy Corporation | Utilities | 0.27% | $4.0M | $96.15B | 26.5 |
| 105 | APA | APA Corporation | Energy | 0.26% | $3.8M | $17.22B | 10.4 |
| 106 | PLD | Prologis, Inc. | Real Estate | 0.24% | $3.5M | $122.24B | 27.7 |
| 107 | VST | Vistra Corp. | Utilities | 0.23% | $3.4M | $51.02B | 25.6 |
| 108 | FCX | Freeport-McMoRan Inc. | Basic Materials | 0.23% | $3.4M | $99.86B | 34.3 |
| 109 | APP | AppLovin Corporation | Communication Services | 0.22% | $3.3M | $89.40B | 20.5 |
| 110 | AMT | American Tower Corporation | Real Estate | 0.21% | $3.1M | $86.33B | 25.5 |
| 111 | ECL | Ecolab Inc. | Basic Materials | 0.21% | $3.0M | $80.98B | 38.8 |
| 112 | SHW | The Sherwin-Williams Company | Basic Materials | 0.20% | $3.0M | $81.37B | 30.9 |
| 113 | RDDT | Reddit, Inc. | Communication Services | 0.19% | $2.8M | $30.04B | 36.3 |
| 114 | FTI | TechnipFMC plc | Energy | 0.19% | $2.8M | $27.32B | 24.3 |
| 115 | UGI | UGI Corporation | Utilities | 0.19% | $2.8M | $8.24B | 12.8 |
| 116 | SPG | Simon Property Group, Inc. | Real Estate | 0.18% | $2.7M | $77.99B | 14.5 |
| 117 | TPL | Texas Pacific Land Corporation | Energy | 0.18% | $2.7M | $24.20B | 44.8 |
| 118 | TLN | Talen Energy Corporation | Utilities | 0.18% | $2.6M | $16.78B | — |
| 119 | NFG | National Fuel Gas Company | Energy | 0.18% | $2.6M | $7.60B | 11.1 |
| 120 | WEC | WEC Energy Group, Inc. | Utilities | 0.18% | $2.6M | $35.42B | 21.1 |
| 121 | AU | AngloGold Ashanti Limited | Basic Materials | 0.17% | $2.5M | $46.95B | 12.4 |
| 122 | O | Realty Income Corporation | Real Estate | 0.16% | $2.4M | $53.06B | 40.6 |
| 123 | DLR | Digital Realty Trust, Inc. | Real Estate | 0.14% | $2.1M | $66.46B | 85.4 |
| 124 | CF | CF Industries Holdings, Inc. | Basic Materials | 0.14% | $2.0M | $18.29B | 9.0 |
| 125 | VMC | Vulcan Materials Company | Basic Materials | 0.13% | $2.0M | $33.38B | 30.4 |
| 126 | PSA | Public Storage | Real Estate | 0.13% | $1.9M | $55.74B | 28.5 |
| 127 | PKG | Packaging Corporation of America | Consumer Cyclical | 0.12% | $1.7M | $21.03B | 30.7 |
| 128 | CCI | Crown Castle Inc. | Real Estate | 0.12% | $1.7M | $35.00B | 33.4 |
| 129 | EXR | Extra Space Storage Inc. | Real Estate | 0.11% | $1.7M | $30.81B | 30.8 |
| 130 | WPC | W. P. Carey Inc. | Real Estate | 0.11% | $1.6M | $14.84B | 22.3 |
| 131 | SBAC | SBA Communications Corporation | Real Estate | 0.11% | $1.6M | $19.84B | 20.2 |
| 132 | VICI | VICI Properties Inc. | Real Estate | 0.07% | $1.1M | $25.99B | 9.2 |
Weights as a percentage of net assets. Value held = weight × net assets ($1.46B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
FQAL sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 37.1% | 19 | AAPL, NVDA, MSFT |
| Financial Services | 12.0% | 15 | JPM, V, MA |
| Healthcare | 9.7% | 12 | LLY, JNJ, ABBV |
| Communication Services | 8.7% | 7 | GOOGL, META, NFLX |
| Consumer Cyclical | 8.2% | 18 | HD, MCD, ABNB |
| Industrials | 6.9% | 15 | CAT, GEV, UNP |
| Consumer Defensive | 4.5% | 9 | PG, KO, PM |
| Energy | 3.9% | 9 | XOM, CVX, COP |
| Real Estate | 1.9% | 12 | WELL, PLD, AMT |
| Basic Materials | 1.8% | 8 | LIN, NEM, FCX |
| Utilities | 1.8% | 7 | NEE, SO, CEG |
| Other | 0.7% | 1 | GCP |
Sum of the weights of the holdings in each sector.
FQAL top industries
Semiconductors
13.3%
Software - Infrastructure
9.3%
Consumer Electronics
7.7%
Internet Content & Information
7.2%
Drug Manufacturers - General
6.7%
Credit Services
2.9%
Banks - Regional
2.7%
Software - Application
2.7%
Financial Data & Stock Exchanges
2.2%
Oil & Gas Integrated
2.1%
Insurance - Property & Casualty
2.0%
Semiconductor Equipment & Materials
1.9%
Specialty Industrial Machinery
1.9%
Restaurants
1.7%
Banks - Diversified
1.7%
FQAL overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| STOX | Horizon Core Equity ETF | 58.3% | 71 of 168 | 0.72% |
| SPY | SPDR S&P 500 ETF | 56.7% | 118 of 502 | 0.09% |
| FYEE | Fidelity Yield Enhanced Equity ETF | 55.3% | 47 of 166 | 0.27% |
| SFLR | Innovator Equity Managed Floor ETF | 54.8% | 49 of 183 | 0.90% |
| CVLC | Calvert US Large-Cap Core Responsible ETF | 52.5% | 104 of 756 | 0.15% |
| FVAL | Fidelity Value Factor ETF | 52.3% | 45 of 131 | 0.15% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the FQAL portfolio
Fidelity Quality Factor ETF holds 132 positions. The ten largest make up 38.1% of the fund and the top 50 69.9%, so it behaves like a portfolio of about 39 equally weighted stocks. The biggest positions are Apple Inc. (7.66%), NVIDIA Corporation (7.62%), Microsoft Corporation (6.20%), Alphabet Inc. (4.72%), Broadcom Inc. (2.70%).
By sector, Technology is 37.1%, Financial Services is 12.0%, Healthcare is 9.7%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 23, 2026; positions change as the fund rebalances.
Related: FQAL chart, FQAL performance, FQAL dividends, FQAL valuation, FQAL overview.
FQAL holdings FAQ
How many holdings does FQAL have?
FQAL holds 132 positions as of October 23, 2026.
What are the top 10 holdings of FQAL?
The ten largest holdings are Apple Inc. (7.66%), NVIDIA Corporation (7.62%), Microsoft Corporation (6.20%), Alphabet Inc. (4.72%), Broadcom Inc. (2.70%), Meta Platforms, Inc. (2.29%), Micron Technology, Inc. (1.96%), JPMorgan Chase & Co. (1.72%), Eli Lilly and Company (1.71%), Visa Inc. (1.55%). Together they are 38.1% of the fund.
What percentage of FQAL is Apple Inc.?
Apple Inc. is the largest holding at 7.66% of net assets, about $112.1M of the fund's $1.46B.
Which sector is the largest in FQAL?
Technology is the largest sector at 37.1%, followed by Financial Services (12.0%) and Healthcare (9.7%), based on the sectors of the individual holdings.
How concentrated is FQAL?
The top 10 holdings are 38.1% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) FQAL behaves like a portfolio of about 39 equally weighted stocks.