Fidelity Value Factor ETF (FVAL) Holdings
FVAL holdings summary
as of Oct 25, 2026- Holdings
- 131 positions listed
- Top 10 weight
- 39.3% of net assets
- Effective holdings
- 38 equal-weight equivalent
- Largest holding
- NVDA 7.57% NVIDIA Corporation
- Annual turnover
- 44.3% of the portfolio traded
Top 1039.3%
Top 2556.1%
Top 5072.5%
Top 10090.5%
All FVAL holdings
131 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA Corporation | Technology | 7.57% | $103.9M | $5.17T | 27.1 |
| 2 | AAPL | Apple Inc. | Technology | 7.47% | $102.5M | $5.01T | 39.4 |
| 3 | MSFT | Microsoft Corporation | Technology | 5.66% | $77.7M | $3.93T | 29.5 |
| 4 | GOOGL | Alphabet Inc. | Communication Services | 4.68% | $64.3M | $4.17T | 17.1 |
| 5 | AMZN | Amazon.com, Inc. | Consumer Cyclical | 3.46% | $47.5M | $2.70T | 20.1 |
| 6 | AVGO | Broadcom Inc. | Technology | 2.59% | $35.5M | $1.57T | 43.3 |
| 7 | META | Meta Platforms, Inc. | Communication Services | 2.11% | $29.0M | $1.81T | 26.7 |
| 8 | MU | Micron Technology, Inc. | Technology | 2.08% | $28.6M | $994.34B | 11.8 |
| 9 | BRK.B | Berkshire Hathaway Inc. | Financial Services | 1.97% | $27.1M | $1.14T | 13.4 |
| 10 | LLY | Eli Lilly and Company | Healthcare | 1.76% | $24.1M | $1.12T | 42.2 |
| 11 | TSLA | Tesla, Inc. | Consumer Cyclical | 1.56% | $21.5M | $1.40T | 328.4 |
| 12 | V | Visa Inc. | Financial Services | 1.52% | $20.8M | $755.84B | 34.3 |
| 13 | ACN | Accenture plc | Technology | 1.42% | $19.5M | $140.55B | 16.9 |
| 14 | JNJ | Johnson & Johnson | Healthcare | 1.23% | $16.9M | $615.87B | 38.8 |
| 15 | ABBV | AbbVie Inc. | Healthcare | 1.17% | $16.1M | $504.37B | 80.6 |
| 16 | XOM | Exxon Mobil Corporation | Energy | 1.16% | $16.0M | $735.95B | 23.0 |
| 17 | QCOM | QUALCOMM Incorporated | Technology | 1.11% | $15.2M | $183.79B | 19.9 |
| 18 | CTSH | Cognizant Technology Solutions Corporation | Technology | 1.04% | $14.3M | $29.74B | 14.2 |
| 19 | SNDK | Sandisk Corporation | Technology | 1.01% | $13.9M | $187.78B | 17.6 |
| 20 | HPQ | HP Inc. | Technology | 1.00% | $13.8M | $27.06B | 11.5 |
| 21 | MRK | Merck & Co., Inc. | Healthcare | 0.95% | $13.0M | $360.08B | 115.8 |
| 22 | INTU | Intuit Inc. | Technology | 0.94% | $12.9M | $86.89B | 19.8 |
| 23 | ADBE | Adobe Inc. | Technology | 0.91% | $12.6M | $95.43B | 13.7 |
| 24 | PG | The Procter & Gamble Company | Consumer Defensive | 0.88% | $12.0M | $370.12B | 24.1 |
| 25 | COST | Costco Wholesale Corporation | Consumer Defensive | 0.87% | $11.9M | $438.30B | 47.6 |
| 26 | ZM | Zoom Video Communications, Inc. | Technology | 0.82% | $11.2M | $27.48B | 8.7 |
| 27 | WFC | Wells Fargo & Company | Financial Services | 0.81% | $11.2M | $251.75B | 11.8 |
| 28 | C | Citigroup Inc. | Financial Services | 0.78% | $10.8M | $208.44B | 12.1 |
| 29 | GILD | Gilead Sciences, Inc. | Healthcare | 0.78% | $10.8M | $193.67B | — |
| 30 | CVX | Chevron Corporation | Energy | 0.76% | $10.4M | $441.34B | 21.2 |
| 31 | ARW | Arrow Electronics, Inc. | Technology | 0.73% | $10.1M | $10.92B | 13.7 |
| 32 | AIG | American International Group, Inc. | Financial Services | 0.70% | $9.6M | $42.22B | 14.8 |
| 33 | PFE | Pfizer Inc. | Healthcare | 0.69% | $9.5M | $168.60B | 38.9 |
| 34 | TRV | The Travelers Companies, Inc. | Financial Services | 0.68% | $9.3M | $81.25B | 10.5 |
| 35 | COF | Capital One Financial Corporation | Financial Services | 0.66% | $9.1M | $123.76B | 13.0 |
| 36 | RTX | RTX Corporation | Industrials | 0.65% | $8.9M | $261.36B | 34.1 |
| 37 | RNR | RenaissanceRe Holdings Ltd. | Financial Services | 0.64% | $8.8M | $14.59B | 6.1 |
| 38 | CAT | Caterpillar Inc. | Industrials | 0.64% | $8.7M | $335.91B | 31.5 |
| 39 | PRU | Prudential Financial, Inc. | Financial Services | 0.63% | $8.6M | $39.99B | 10.5 |
| 40 | ALL | The Allstate Corporation | Financial Services | 0.60% | $8.3M | $62.68B | 5.0 |
| 41 | PYPL | PayPal Holdings, Inc. | Financial Services | 0.59% | $8.1M | $48.50B | 10.7 |
| 42 | ELV | Elevance Health Inc. | Healthcare | 0.58% | $8.0M | $92.88B | 19.0 |
| 43 | OZK | Bank OZK | Financial Services | 0.58% | $8.0M | $5.03B | 7.6 |
| 44 | FSLR | First Solar, Inc. | Technology | 0.58% | $8.0M | $18.55B | 10.6 |
| 45 | CI | Cigna Corporation | Healthcare | 0.58% | $8.0M | $79.88B | 12.5 |
| 46 | DE | Deere & Company | Industrials | 0.58% | $8.0M | $173.06B | 35.7 |
| 47 | SYF | Synchrony Financial | Financial Services | 0.57% | $7.9M | $23.97B | 7.5 |
| 48 | BMY | Bristol-Myers Squibb Company | Healthcare | 0.57% | $7.8M | $122.05B | 13.2 |
| 49 | HD | The Home Depot, Inc. | Consumer Cyclical | 0.56% | $7.7M | $308.91B | 21.5 |
| 50 | REGN | Regeneron Pharmaceuticals, Inc. | Healthcare | 0.56% | $7.7M | $81.41B | 19.6 |
| 51 | LMT | Lockheed Martin Corporation | Industrials | 0.55% | $7.6M | $127.42B | 20.3 |
| 52 | WAL | Western Alliance Bancorporation | Financial Services | 0.54% | $7.4M | $8.13B | 8.4 |
| 53 | ALLY | Ally Financial Inc. | Financial Services | 0.52% | $7.1M | $11.46B | 8.9 |
| 54 | MO | Altria Group, Inc. | Consumer Defensive | 0.51% | $7.0M | $125.41B | 15.8 |
| 55 | NOC | Northrop Grumman Corporation | Industrials | 0.49% | $6.7M | $73.85B | 16.5 |
| 56 | NFLX | Netflix, Inc. | Communication Services | 0.48% | $6.6M | $293.68B | 22.2 |
| 57 | UHS | Universal Health Services, Inc. | Healthcare | 0.48% | $6.6M | $10.91B | 7.6 |
| 58 | CNC | Centene Corporation | Healthcare | 0.48% | $6.6M | $34.16B | — |
| 59 | UPS | United Parcel Service, Inc. | Industrials | 0.47% | $6.4M | $82.93B | 18.1 |
| 60 | LIN | Linde plc | Basic Materials | 0.46% | $6.3M | $229.77B | 32.2 |
| 61 | G | Genpact Limited | Technology | 0.45% | $6.2M | $6.23B | 11.1 |
| 62 | COP | ConocoPhillips | Energy | 0.45% | $6.1M | $176.01B | 19.4 |
| 63 | GD | General Dynamics Corporation | Industrials | 0.44% | $6.1M | $93.13B | 21.0 |
| 64 | HON | Honeywell International Inc. | Industrials | 0.41% | $5.6M | $67.00B | 7.8 |
| 65 | KR | The Kroger Co. | Consumer Defensive | 0.41% | $5.6M | $37.58B | 35.4 |
| 66 | DIS | The Walt Disney Company | Communication Services | 0.40% | $5.5M | $190.95B | 22.8 |
| 67 | FDX | FedEx Corporation | Industrials | 0.40% | $5.5M | $69.47B | 15.8 |
| 68 | LDOS | Leidos Holdings, Inc. | Technology | 0.39% | $5.4M | $15.67B | 11.7 |
| 69 | MCD | McDonald's Corporation | Consumer Cyclical | 0.39% | $5.4M | $171.94B | 19.7 |
| 70 | TGT | Target Corporation | Consumer Defensive | 0.38% | $5.2M | $70.08B | 16.0 |
| 71 | KMB | Kimberly-Clark Corporation | Consumer Defensive | 0.38% | $5.2M | $35.11B | 20.8 |
| 72 | CMI | Cummins Inc. | Industrials | 0.37% | $5.1M | $73.15B | 27.2 |
| 73 | DAL | Delta Air Lines, Inc. | Industrials | 0.37% | $5.1M | $49.59B | 15.0 |
| 74 | VZ | Verizon Communications Inc. | Communication Services | 0.37% | $5.1M | $186.09B | 11.7 |
| 75 | VLO | Valero Energy Corporation | Energy | 0.37% | $5.0M | $128.04B | 18.5 |
| 76 | ADM | Archer-Daniels-Midland Company | Consumer Defensive | 0.36% | $4.9M | $39.81B | 22.6 |
| 77 | PCAR | PACCAR Inc | Industrials | 0.35% | $4.9M | $58.33B | 23.3 |
| 78 | UFPI | UFP Industries, Inc. | Basic Materials | 0.35% | $4.9M | $4.32B | 17.9 |
| 79 | TXT | Textron Inc. | Industrials | 0.35% | $4.8M | $13.20B | 14.3 |
| 80 | NEE | NextEra Energy, Inc. | Utilities | 0.34% | $4.7M | $166.46B | 17.9 |
| 81 | OSK | Oshkosh Corporation | Industrials | 0.32% | $4.4M | $7.84B | 14.5 |
| 82 | UAL | United Airlines Holdings, Inc. | Industrials | 0.32% | $4.4M | $31.19B | 9.0 |
| 83 | INGR | Ingredion Incorporated | Consumer Defensive | 0.32% | $4.4M | $6.18B | 10.7 |
| 84 | DUK | Duke Energy Corporation | Utilities | 0.32% | $4.4M | $94.71B | 18.3 |
| 85 | EOG | EOG Resources, Inc. | Energy | 0.30% | $4.1M | $82.88B | 12.3 |
| 86 | TAP | Molson Coors Beverage Company | Consumer Defensive | 0.30% | $4.1M | $7.37B | — |
| 87 | OC | Owens Corning | Industrials | 0.29% | $4.0M | $8.92B | — |
| 88 | NEM | Newmont Corporation | Basic Materials | 0.29% | $4.0M | $124.97B | 15.0 |
| 89 | DVN | Devon Energy Corporation | Energy | 0.27% | $3.8M | $55.80B | 11.1 |
| 90 | LOW | Lowe's Companies, Inc. | Consumer Cyclical | 0.26% | $3.6M | $110.74B | 16.7 |
| 91 | BKNG | Booking Holdings Inc. | Consumer Cyclical | 0.25% | $3.4M | $122.81B | 18.1 |
| 92 | AMT | American Tower Corporation | Real Estate | 0.24% | $3.3M | $86.33B | 25.5 |
| 93 | CMCSA | Comcast Corporation | Communication Services | 0.23% | $3.2M | $77.72B | 7.1 |
| 94 | EQT | EQT Corporation | Energy | 0.23% | $3.2M | $33.97B | 12.6 |
| 95 | FCX | Freeport-McMoRan Inc. | Basic Materials | 0.23% | $3.1M | $99.86B | 34.3 |
| 96 | GM | General Motors Company | Consumer Cyclical | 0.23% | $3.1M | $73.67B | 37.7 |
| 97 | ED | Consolidated Edison, Inc. | Utilities | 0.22% | $3.1M | $41.52B | 18.2 |
| 98 | EXE | Expand Energy Corporation | Energy | 0.21% | $2.9M | $21.62B | 8.1 |
| 99 | PLD | Prologis, Inc. | Real Estate | 0.21% | $2.9M | $122.24B | 27.7 |
| 100 | DHI | D.R. Horton, Inc. | Consumer Cyclical | 0.21% | $2.8M | $38.99B | 12.9 |
| 101 | EXC | Exelon Corporation | Utilities | 0.20% | $2.8M | $44.82B | 16.0 |
| 102 | RCL | Royal Caribbean Cruises Ltd. | Consumer Cyclical | 0.20% | $2.8M | $74.27B | 17.1 |
| 103 | BBY | Best Buy Co., Inc. | Consumer Cyclical | 0.20% | $2.7M | $19.43B | 15.4 |
| 104 | GME | GameStop Corp. | Consumer Cyclical | 0.20% | $2.7M | $13.53B | 17.6 |
| 105 | NFG | National Fuel Gas Company | Energy | 0.19% | $2.6M | $7.60B | 11.1 |
| 106 | O | Realty Income Corporation | Real Estate | 0.19% | $2.6M | $53.06B | 40.6 |
| 107 | CRH | CRH PLC | Basic Materials | 0.19% | $2.6M | — | — |
| 108 | ES | Eversource Energy | Utilities | 0.18% | $2.4M | $25.18B | 17.3 |
| 109 | VICI | VICI Properties Inc. | Real Estate | 0.17% | $2.4M | $25.99B | 9.2 |
| 110 | AU | AngloGold Ashanti Limited | Basic Materials | 0.17% | $2.4M | $46.95B | 12.4 |
| 111 | LYB | LyondellBasell Industries N.V. | Basic Materials | 0.17% | $2.4M | $20.68B | — |
| 112 | F | Ford Motor Company | Consumer Cyclical | 0.17% | $2.4M | $49.57B | — |
| 113 | EXPE | Expedia Group, Inc. | Consumer Cyclical | 0.17% | $2.3M | $34.68B | 18.0 |
| 114 | EIX | Edison International | Utilities | 0.17% | $2.3M | $21.52B | 5.8 |
| 115 | PCG | PG&E Corporation | Utilities | 0.16% | $2.2M | $39.30B | 9.5 |
| 116 | SPG | Simon Property Group, Inc. | Real Estate | 0.16% | $2.2M | $77.99B | 14.5 |
| 117 | HRB | H&R Block, Inc. | Consumer Cyclical | 0.16% | $2.1M | $5.96B | 8.6 |
| 118 | CCL | Carnival Corporation & plc | Consumer Cyclical | 0.15% | $2.1M | $34.83B | 11.4 |
| 119 | CF | CF Industries Holdings, Inc. | Basic Materials | 0.15% | $2.1M | $18.29B | 9.0 |
| 120 | M | Macy's, Inc. | Consumer Cyclical | 0.14% | $1.9M | $6.27B | 8.8 |
| 121 | CBRE | CBRE Group, Inc. | Real Estate | 0.13% | $1.8M | $38.54B | 30.5 |
| 122 | CDE | Coeur Mining, Inc. | Basic Materials | 0.13% | $1.8M | $15.90B | 13.2 |
| 123 | LULU | Lululemon Athletica Inc. | Consumer Cyclical | 0.13% | $1.8M | $11.25B | 8.0 |
| 124 | LVS | Las Vegas Sands Corp. | Consumer Cyclical | 0.13% | $1.8M | $24.62B | 14.8 |
| 125 | EXR | Extra Space Storage Inc. | Real Estate | 0.12% | $1.7M | $30.81B | 30.8 |
| 126 | GLPI | Gaming and Leisure Properties, Inc. | Real Estate | 0.12% | $1.7M | $11.76B | 11.5 |
| 127 | KIM | Kimco Realty Corporation | Real Estate | 0.12% | $1.6M | $15.37B | 27.0 |
| 128 | AA | Alcoa Corporation | Basic Materials | 0.12% | $1.6M | $10.94B | 7.2 |
| 129 | CHTR | Charter Communications, Inc. | Communication Services | 0.11% | $1.6M | $14.31B | 2.9 |
| 130 | JLL | Jones Lang LaSalle Incorporated | Real Estate | 0.11% | $1.5M | $14.06B | 14.7 |
| 131 | HST | Host Hotels & Resorts, Inc. | Real Estate | 0.10% | $1.4M | $16.65B | 16.2 |
Weights as a percentage of net assets. Value held = weight × net assets ($1.37B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
FVAL sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 35.8% | 17 | NVDA, AAPL, MSFT |
| Financial Services | 11.8% | 15 | BRK.B, V, WFC |
| Healthcare | 9.8% | 12 | LLY, JNJ, ABBV |
| Consumer Cyclical | 8.6% | 18 | AMZN, TSLA, HD |
| Communication Services | 8.4% | 7 | GOOGL, META, NFLX |
| Industrials | 7.0% | 16 | RTX, CAT, DE |
| Consumer Defensive | 4.4% | 9 | PG, COST, MO |
| Energy | 3.9% | 9 | XOM, CVX, COP |
| Basic Materials | 2.3% | 10 | LIN, UFPI, NEM |
| Real Estate | 1.7% | 11 | AMT, PLD, O |
| Utilities | 1.6% | 7 | NEE, DUK, ED |
Sum of the weights of the holdings in each sector.
FVAL top industries
Semiconductors
13.3%
Consumer Electronics
7.5%
Drug Manufacturers - General
7.1%
Internet Content & Information
6.8%
Software - Infrastructure
5.7%
Credit Services
3.9%
Internet Retail
3.5%
Information Technology Services
3.3%
Insurance - Diversified
2.7%
Software - Application
2.7%
Aerospace & Defense
2.5%
Oil & Gas Integrated
2.1%
Computer Hardware
2.0%
Auto Manufacturers
2.0%
Farm & Heavy Construction Machinery
1.9%
FVAL overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| RAUS | RACWI US ETF | 58.8% | 114 of 513 | — |
| TOV | JLens 500 Jewish Advocacy U.S. ETF | 57.2% | 106 of 494 | — |
| FELC | Fidelity Covington ETF | 56.1% | 58 of 210 | 0.18% |
| SPY | SPDR S&P 500 ETF | 55.7% | 110 of 502 | 0.09% |
| FHEQ | Fidelity Hedged Equity ETF | 54.4% | 41 of 170 | 0.50% |
| FYEE | Fidelity Yield Enhanced Equity ETF | 54.3% | 42 of 166 | 0.27% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the FVAL portfolio
Fidelity Value Factor ETF holds 131 positions. The ten largest make up 39.3% of the fund and the top 50 72.5%, so it behaves like a portfolio of about 38 equally weighted stocks. The biggest positions are NVIDIA Corporation (7.57%), Apple Inc. (7.47%), Microsoft Corporation (5.66%), Alphabet Inc. (4.68%), Amazon.com, Inc. (3.46%).
By sector, Technology is 35.8%, Financial Services is 11.8%, Healthcare is 9.8%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: FVAL chart, FVAL performance, FVAL dividends, FVAL valuation, FVAL overview.
FVAL holdings FAQ
How many holdings does FVAL have?
FVAL holds 131 positions as of October 25, 2026.
What are the top 10 holdings of FVAL?
The ten largest holdings are NVIDIA Corporation (7.57%), Apple Inc. (7.47%), Microsoft Corporation (5.66%), Alphabet Inc. (4.68%), Amazon.com, Inc. (3.46%), Broadcom Inc. (2.59%), Meta Platforms, Inc. (2.11%), Micron Technology, Inc. (2.08%), Berkshire Hathaway Inc. (1.97%), Eli Lilly and Company (1.76%). Together they are 39.3% of the fund.
What percentage of FVAL is NVIDIA Corporation?
NVIDIA Corporation is the largest holding at 7.57% of net assets, about $103.9M of the fund's $1.37B.
Which sector is the largest in FVAL?
Technology is the largest sector at 35.8%, followed by Financial Services (11.8%) and Healthcare (9.8%), based on the sectors of the individual holdings.
How concentrated is FVAL?
The top 10 holdings are 39.3% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) FVAL behaves like a portfolio of about 38 equally weighted stocks.